There’s no good answer to a simple question:

What was the price?

There’s no question for which I would love to know the answer even more so than buyers of mine.

Whenever a similar property has an offer or goes to contract, I can count on a buyer asking me the amount of the sale.

But there is virtually no way to get the answer with any precision.

A listing broker would be foolish, indeed, to provide the amount in the event that the transaction falls apart.  Once the sale has closed, however, it is a different story.

The reason for a broker’s reticence is simple: Continue reading