(second topic I mention in the intro is actually going to be split into a different episode)
Anywhere else you'd say "the thing you want to sell is worth what it will sell for, assuming the market is quite aware of you offering it."
But not in real estate.
In real estate, the hypnotized industry instead tells their clients, who WANT to sell their houses or they wouldn't be trying, that the price the market will bear is insulting. So a house, that SOMEONE WOULD BUY at a lower price, sits.
And sits.
And sits.
How can that be???!!! In the day and age of ebay and amazon and online listings?? It's SHELTER. Therefore it is in demand!! IF the buyers and sellers get to meet at the right price!
What is the motivation? How many blue pills (the other kind) do these agents (agents, blue pill, matrix... interesting) gulp every day????
The house is NOT work $400K if you do not even get offers at that price for months and months on end.
So do you want to sell it for much more than you bought it for or not? Even if that much more is only $250K versus your purchase price of $175K, instead of the extra $150K that your real estate Agent Smith is telling you (that you'll never get anyway).
The reasoning, I INSIST, is these evil bastards who want you to have fewer options. They build a world of scarcity so that they're relatively more rich and relatively more in control. Even as young couples every year WANT a place where they can grow their family, their legacy, and their equity.
There are no hanging trees high enough . . .