Sort of.  Essentially, the current listing agent has
already thrown in the towel and written off their
expenses, knowing full well and good that the seller
is either being unreasonable or has unrealistic
expectation of their home's value in the current
market.

That means you take the listing, toss your $$ into it,
with the likelihood of success being nearly nil.  If
you're really hungry or just want to have a boatload
of high profile listings (remember, this is a very
competitive business and visibility is important) you
might take it.

This is not something people who expect to work
together again in the future would do to each other. 
It's more like handing a bag full of crap  that looks
really nice on the outside to a competitor and hoping
you're not there when they open it.

She says that she has walked from a number of listings
of late, mainly because the sellers refused to
acknowledge the market and won't move their price into
a realistic range based on what (little) is selling. 
She also said their have been some potential sellers
she has told that they should not sell unless they are
willing to take a hit.


Dan

--- Craig McCluskey <[EMAIL PROTECTED]> wrote:
> It would seem that the one that would be screwed
> would be the agent who is
> giving the listing away, so one, in effect, is
> screwing one's self. Or am
> I misunderstanding things?
> 
> 
> Craig




       
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