Quote:
Originally Posted by manaboutown
The statement to which you are referring was based upon my personal experiences. I do not pretend to speak for others.
Late last year I put a commercial property up for sale at a price slightly above what highly experienced brokers recommended after studying several comps. Over a listing period of a little over a week I received about 10 offers, seven of them serious, including three over my asking price. The brokers asked the potential buyers to sharpen their pencils and come back with their best offers. Long story short, it closed in April 2022 at more than 40% over my listing price. Nothing like an auction!
|
Wow. If I was say 20 years younger would come to you for advise on investing in real estate. At my age not looking for long term investments.