‘Make Me Move’: Sellers Are Listing Their Homes at Ridiculous Prices Just to See What Happens

When Daniel Penzing’s real estate agent suggested a $345,000 price tag for his Chicago condo, he balked at the number.

“We told our realtor that we wanted to list our condo 5% above his suggested listing price,” Penzing says. “I knew the market was hot.”

Daniel and his wife Natalia followed their guts, instead listing the property for $379,000. It sold in less than a week for $375,000, a whopping $30K more than their agent’s suggestion — enough to cover his 2% commission and then some.

Aly J. Yale | Money

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