So, Harlow Cuadra and Joseph Kerekes list their house on August 18, 2007 for $679k. It doesn't sell for a couple of weeks. Then, around September 3, the agent must have said: "You need a reduction! That gets a potential buyer's attention every time!" So what did the guys do? Raise the price of course! Probably so that they could later lower it back to $679k and advertise it as: "price reduced".
Asking Price Increase: 09/03/07 -- $679,000 to $699,000
Well, it certainly got my attention... guess we'll see what happens.
- PC
