Saskatoon home seller has one strange pricing strategy
Posted on
October 27, 2008
by
Norm Fisher, Royal LePage Vidorra
This image is a screenshot taken from the Saskatoon MLS system that displays the price history of a listed property. The home seller is clearly confused. He has adjusted his price 16 times including 9 reductions and 7 increases. That’s right. 7 increases. Oddly, the asking price is still higher than it was the day the home was introduced to the Saskatoon real estate market nearly 5 months ago.
Like almost everything else these days, this MLS history report reminded me of the volatility of stock market. I only wish that my investments were still priced higher than they were five months ago. :)
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Norm Fisher
Royal LePage Vidorra
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-250-wide.jpg "Norm Fisher, TeamFisher")
