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Message: [QUOTE="microfich, post: 5067272, member: 1029"] Unscrupulous devils haunt every business line including realtors. Being married to one of the best and honest realtors for decades, I've heard it all. The truth is these greedies represent a very small minority of realtors. The current CT market is a boom for sellers. Selling prices continue to rise over list value in most of the state. Realtors have the not so simple task of valuing properties for their clients based highly on comps, not riskily predicting the future. That houses are being scooped up by buyers in panic in a low inventory market by paying well over list price is a growing phenomenon that complicates the comps. To think that realtors are pricing the properties too low is just one of your egregious comments on an industry of which you clearly need more information. Pushing paper? You degrade professionals. Pricing low to sell quickly? That bogus idea is perennial conspiracy bs. Yes, your realtor is correct that listings move within days but it's not because of low pricing, it's because of panicky buyers in a low inventory market. The new laws protecting the buyer and seller only adds to realtors' difficulties. I'll be happy to share my insights privately but in short, my advice would be to stick with the larger firms or be diligent in acquiring legal and business knowledge before signing up with a small firm that has fewer guide rails. Same with selling on your own - be diligent. Back to B12, there are some valid comparisons to the CT housing market. Properties (schools) are being scooped up to build a bigger complex (conference) for the buyer. Buyers are panicking to maintain or increase their relevance but in a queer twist, pricing is set not by the seller school but by a separate business entity, the media that provides the cash to fund their complexes to the point where they provide the media value in kind. The terms may be negotiable but the cost is whatever dilution each complex is willing to absorb to potentially increase future value. [/QUOTE]

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