So the president of the National Association of Realtors has been trying to sell his house for a year. He didn't listen to his brokers, who have been telling him to lower the price, so it's been sitting on the market with little interest. Apparently this gap between buyers and sellers in today real estate market goes straight to the top. One interesting quote in the Washington Post article is when he says that he didn't listen to his brokers when originally pricing the property.
I hope he listens to his brokers when he's doing his job as President of the NAR...
Thursday, September 21, 2006
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