Agents struggle to find the right listing price at the top tier of the market. “Pricing at the top tier can be a guessing came, and often sellers ultimately settle for far less than their asking price,” according to the Wall Street Journal, reporting results of a new Zillow study.
Zillow compared the median sale-to-list price ratios of the $20 million-and-above market and the nation:
- $20+ million: 0.72
- nationwide: 0.95
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Photo credit: Flickr / Kristi Agne
