Real estate agents usually try to dial in a home’s listing price before it hits the market so they can avoid buyers ignoring a property and their sellers being forced to take an unwanted price cut.
Agents’ forecasting skills have been a little off in Colorado lately.
Colorado Springs and Denver lead the nation for sellers having to reduce their prices to achieve a sale, and the miscalibration is happening statewide, according to an analysis of data from Parcl Labs by the Common Sense Institute…