Forum Discussion
lacofdfireman
Feb 19, 2017Explorer
Durb wrote:
Sometimes NADA is out of touch with the marketplace. I was selling a travel trailer (not a 5er) and a potential buyer offered me $8k which was what NADA suggested. He became indignant with me that I wouldn't accept his offer. We parted and I sold it sight unseen for $21,000 an hour later. The marketplace decides.
If a seller doesn't get any calls at their asking price then they will lower it.
I agree. But unfortunately unless your a cash buyer NADA is the banks bible and determines loan amount.
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