All Posts Tagged With: "price reduction"
Cash is King: All-cash Real Estate Buyers Are Getting Deals!
(post by BT) Remember the days when you would could get a better deal at a store if you paid cash? “How much?” 100 bucks. “I’ll give you $80 cash.” Deal! Those days are mostly gone from any store I use. But some of it suddenly applies in today’s real estate market. Except, in real estate [...]
18Dec2008 | | 2 comments | ContinuedHoliday Pricing for Robust Real Estate Sales in NYC
(post by BT) Want to sell in today’s market? Well, take off at least 10% off what you think your house is worth and bingo, there’s your new 2009 asking price!!! Oh yeah, keep in mind, i did mean “asking price”. So, unless you are ready to offer a holiday discount on your your Ho-Ho-Home, [...]
16Dec2008 | | 0 comments | ContinuedHomeowners/Sellers In Denial
(post by BT) Today I met with a lady whose home is going into foreclosure. She has a 2-family house and both tenants haven’t been paying rent. Bought in 2005, at the peak of the pricing bubble with a 9% mortgage interest rate! She makes only $2,000 per month and put only [...]
1Apr2008 | | 0 comments | ContinuedA Client Called Me Today… Referrals Rule!
(post by BT) A client called today. Said there is a property for sale, the owner just reduced the price by 20%, and he wants to buy it. I asked how he found out about the price reduction. He had viewed the property a few months ago, when it was for ‘sale by [...]
18Mar2008 | | 0 comments | ContinuedLand for Sale - Broker Games That Kill Deals
(post by BT) A new listing came on the market. It was land for sale. Posting claimed you can build 4 2- family houses. Asking price was $1,250,000. Real market value $1 million. Called one of my clients up (an investor) and told him to check it out. After [...]
13Mar2008 | | 0 comments | Continued
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