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Because it is.
I guess we are in a he said, she said situation.
I've been in the business of Real Estate a long time, and what I know is that it is sad we have multiple offers, but they do really happen.
Now if you are talking short sales, that is an industry standard to have the loss mitigator collect offers to counter at highest, and best. Those are always situations to walk away from.
So I don't fault Real Estate agents as much as I fault the government, and the banks who were making the loans.
I agree. RE agents were as ignorant as the rest of us.
But they still got their commision.
Actually, RE agents lost all of their commission and more in RE investment this last round. Some had to file BK to discharge their debt. Some even lost their spouse.
Karma is a bitch.
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Please try to ignore all threads with hyperbolous sounding titles like:
"Chinese are buying up all the real estate in the Bay Area"
and
"Palo Alto prices up, eventually spreading to rest of Bay Area".
These are just realtor trolls, trying to use scare tactics to shore up some more business. When will they realize that their immature coercion has long been passé, and is no longer effective around here.
#housing