Run, don't walk! Price reduced by a buck.

Update: Now we're talking. The price has actually been dropped a reasonable amount. Price is now 565K...but stay tuned for 564,999 if it doesn't move soon.

Yes, this is the second one of these that I've seen and I just can't believe people do this. What is the point? Is it the ever enticing "999" that you think will surely bring in those buyers who have been holding out? The sad thing is, this particular home looks pretty nice and might be worth visiting. I'm not keen on its proximity to Hwy 12, but I haven't actually driven the street for a first hand impression. It has 4 bedrooms, 3 baths, is just over 2000 square feet and has been updated with lots of fresh goodies.

The home has been on the market for 67 days and I would suggest that this agent come up with a realistic price reduction strategy and not pull this kind of ridiculous stunt. The current cost per square foot is only $289, which is good, so drop the asking price by at least 3-5K if you're trying to generate interest based on a reduction. Then again, maybe it's the homeowner and they've seen too many $9.99 ginsu knives infomercials. Sheesh...