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[NV] Can anyone explain this tactic?

I put an offer (318k) on this house and the next day it went off market and my agent couldnt reach them anymore.

I checked zillow and I saw they have been "trying" to sell this house with the same realtor since 2018. Listing it for 323k and lowering it by 1k a month until it reaches 318k and removing and re-listing it back at 323k. I bet it will be back on market for 323k again soon.

It seems bizarre to me. Is this a legit tactic to sell or are the owners just really not wanting to sell?

submitted by /u/zeromutt
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source https://www.reddit.com/r/RealEstate/comments/j32648/nv_can_anyone_explain_this_tactic/
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