Comments on: My House Isn’t Worth Less Mentality Explained http://www.therealestatebloggers.com/2008/09/01/my-house-isnt-worth-less-mentality-explained/ Real Estate Blog, Mortgage, and Development News Sat, 13 Mar 2010 07:25:27 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: Todd http://www.therealestatebloggers.com/2008/09/01/my-house-isnt-worth-less-mentality-explained/comment-page-1/#comment-369260 Todd Thu, 16 Apr 2009 03:44:23 +0000 http://www.therealestatebloggers.com/2008/09/01/my-house-isnt-worth-less-mentality-explained/#comment-369260 I think it is a coping mechanism as well. Sellers know there house is not worth what they think. They always start out, "Well in 2006 it was worth xxx". We have to educate them that price is based on comparable sales. I think it is a coping mechanism as well. Sellers know there house is not worth what they think. They always start out, “Well in 2006 it was worth xxx”.

We have to educate them that price is based on comparable sales.

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