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In each case the people selling their apartment were befriended by a huge estate agent that gained their trust and then took benefit of the special connection. Had the couple who sold for $279,000 been more circumspect, they could sold their house for a $100,000 higher. God knows what my neighbours hold gotten for theirs. I do know that another real estate agent had an offer to gift for over $400,000 and your chance agent told him the sale couldn’t be presented before the first offer was dealt with.
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These figures can be attributed many things, including buyers devouring up great values. While there certainly are still great values with regard to had in homes priced between $150,000 and $400,000, buyers are now seeing an inferior selection decide upon from.
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