Is Under Pricing a Charlotte Home FALSE Advertisement? Fellow real estate agent in Wellington, FL and contributing editor to the www.iCharlotteRealEstate.com site, writes a great article explaining why REO agents price homes more competitively than we often think they should. One of my clients recently submitted an offer on a Bank Owned (REO) property in Wellington Florida and without even reviewing the comparables I knew the home was under priced, which is common with REO properties in this area. Instead of pricing the home at market value a REO listing agent will under price the home to … Continue reading...