If you’re like many people, you’re likely to choose the third Realtor. This agent appears to be open to your input and willing to collaborate with you. They seem to be focused on helping you earn the most money possible from the sale. They may even suggest starting out with a high listing price, with the option to lower it later if needed.
However, this agent might be engaging in a questionable sales practice known as “buying a listing.” By recommending a higher listing price than other agents, they are essentially “buying” your listing. The agent is likely skeptical that your home will actually sell at that price, with the intention of later persuading you to lower it.
Why do some agents resort to buying a listing in this way? There are generally two reasons: either the agent is trying to satisfy a homeowner who overestimates the value of their property, or they engage in this practice regularly as part of their sales strategy.
If you have any questions buying a listing, you can contact us at +1(516) 829-2205 and +1(516) 647-4289. Additionally, you can also find us on various social media platforms such as Google My Business Profile, Facebook, Twitter, Linkedin, Instagram, YouTube, and Pinterest.