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Old 11-11-2007, 01:19 AM
lm01 lm01 is offline
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Default Re: NEW HOME PROMOTIONS

Hi I really understand the real estate downturn. TV will do anything to keep the machine moving. Its not about you its all about them. They are your competition.

I sold my home in Baltimore it listed for 1,040,000 and I sold it for 700,000 6 months later. New homes 1/2 mile away dropped over 300,000. Its hard to compete with new construction so you need to adjust or stay put.

For my home the agent set the price not me. He is the top agent in a major RE firm. Houses up here have come back on the market several times because the deals fell through. and recently I've seen auctions taking the place of RE signs, guess because the folks just can't take it anymore.

So much for a bad RE market.

Btm line up front expect low ball offers Things ARE that bad in the RE world.

Times have changed but they will turn around in a few years. Hold in there.

:joke: