The quick Realtor answer to the question posed above?
“No, not if the home’s worth closer to $1.3M.”
That’s especially true if the owner with the unrealistic price expectations also expects a drumbeat of expensive marketing over the course of a year (or longer) — the average market time now for a Twin Cities home carrying that price tag.
To bridge those expectations, more Realtors who specialize in upper bracket homes are presenting such clients with a proposition: ‘I’ll run as much advertising as you want, but you pay for it.
When (and if) the home sells, the Realtor then credits back the client’s marketing outlay at closing.