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Realtor over pricing to keep neighborhood value up?

Ran across a home I liked with an open house… seller is offering $100k credit at closing.. so home is heavily over priced and original to the 80s. Estate sale. Family had passed and kids selling.

Realtor showing the property openly said this home is for a flipper to make 1-200k profit not anyone’s forever home as it would take a $200k plus to fix properly. Asked why the $100k credit at closing and his reasoning is cause I want to keep the values up in the neighborhood and no home here should sell under $800k… asking $899k with 100k credit at closing for a 3/2 original 1980s house. Maybe worth 700k on a great day to someone from up north. (No offense yall over pay for everything in FL)

Placed an offer and a week goes by and can’t even get a response from the realtor. My offer well under his 800k thought but realistic…

Is it frowned upon as I know who controls the sale of the home; to contact them directly instead of their realtor who is unresponsive after a couple weeks?

submitted by /u/canefanife23
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source https://www.reddit.com/r/RealEstate/comments/1hu4vdb/realtor_over_pricing_to_keep_neighborhood_value_up/
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