Reply #41: Hey, STOP WITH THE FUCKING NAME CALLING. [View All]

When you don't have an argument you call people names. I've asked you not to do this before.

Stick to the fucking subject.

Houses ALWAYS list at higher than market price. A 15% reduction is NOT unusual. And what does Rezko's deal with the property owner have to do with Obama? How does it benefit Obama that Rezko paid the list price for the undeveloped lot, and then Obama later paied well above market to purchase a portion of that lot? The fact that Rezko paid the list price could simply mean that there was no grounds to bargain for a lower price - and undeveloped lot is all potential. Much easier to put a real value on, as there is no question of having to deal with potential problems with existing structures and the needs of the new occupants.

So, yes. I've been through three house purchases and subsequent sales, on my own, plus my mother's house and every one was listed between 10 and 20% higher than the actual selling price. In fact, my mother was first advised (before the cracks in the real-estate bubble began showing) to list at 175k - selling at 132k would be what, a 25% discount off list? She didn't, because we saw the slump coming and didn't want to have it on the market for years, unable to sell at anything near that price. But that was the advice of the real estate experts. So, yes, I do know what I'm talking about.