2 ms·
> Also, realtors in the Bay Area now recommend underpricing in order to spark a bidding war I sold my bay area house in 2018 and this was common then too. Sold
by toast0 2y ago
> Also, realtors in the Bay Area now recommend underpricing in order to spark a bidding war
I sold my bay area house in 2018 and this was common then too. Sold for 17% above asking, but IIRC, we were expecting 10% over. A bit of a change from when I bought it in 2009 from a bank at $900 under the listing price. Fwiw, the zillow estimate is up about 33% from the sales price. Their listed comps are from nicer neighborhoods though.