Hello,
I'm associated with a Real Estate team in GA. Our team was working with a developer of a new subdivision from day 1 (5 years ago). We all worked directly with the owner that was building the subdivisions.
After the housing market tanked, we advised the builder to lower the prices of the units to bring in buyers, And the owner would not budge a bit. He simply refused to lower any unit, even when we had offers, the owner wouldn't consider anything $10,000 lower of asking price.....AT ALL!!!
As of a few months ago, the owner asked our team to leave his subdivisions (just out of the blue), Saying that we were stopping his units from being sold! After much fuss, our team withdrew.
But the real twist is, the owner brought in a new real estate team, and lowered all of his unit prices by huge amounts...one of his largest units sold this week.
When we were there trying to lower this unit....the owner would not let us list it for less then $390,000....this SAME unit just sold for $280,000............a difference of over $100,000 ....This IS CRAZY!
I have Proof of all the pricings he demanded, all the negotiations that were denied, and all the emails of our team advising him to list at a competitive price.
Is there anything I can do??? I feel like our team is going crazy, we spent 5 years there!

