The same agent is still holding the listing, proving the original advice was deeply flawed.A listing that sits for two years with a major price correction carries a stigma that often hurts the final sale price more than a quick, accurate initial price ever would.This example is a powerful reminder that many realtors are disconnected from accurate market values and prioritize winning the listing over serving the seller's best interest.What is the logical next step for this seller, and what responsibility should the initial agent bear for the wasted time and lost equity?

The logic of their website uses the address of the property to determine who is a new customer.

My main concern is that logically, it would seem that most of the bookings would only happen on the weekends, and less demand on the weekdays.   

If it just flipped into extended, you might want to tighten that gap (like $400K flat or $405K with $5K in concessions) to stay competitive.Bottom line: your logic’s solid — just make sure you have your lender, proof of funds, and HUD paperwork dialed in.

Sounds logical, however they forget that there are many players out there that do not play fair... 

Now. if properties go down 10% which is predicted to happen, (Wall Street Journal, Core Logic) I'll have to sell at $360,000 ($400,000 minus 10%) AND have the same closing costs.

Your logic is flawed.

If those extra payments you have been making each month are treated as service fees then it would be logical that they would say you were short when you make only the required payment.Are you sure you have a clean title to the property? 

Not following the logic there.  

@Ben Daniel no one can really offer any logical advice based on the info you've shared!