That sky-high asking price for a luxury home? Don't take it to the bank
January 16, 2018 | Administrator
There is a rule of thumb among real estate agents that if a property is priced fairly, it should sell in about a month and within 5% of the asking price.
It rarely works out that way at the high end.
A median-priced home in Los Angeles County does indeed sell at or above the asking price within…