Comments on: Ask Us: “Have any of your readers seen this listing at 1011 23rd St #5?”

By: james

james — Wed, 02 Jul 2008 18:22:05 +0000

isn’t that competing with brand new and beautiful units in esprit park? good luck selling at that price until they are all gone first.

By: macfan

macfan — Tue, 24 Jun 2008 16:47:44 +0000

You know what fluj? I’m actually going to concede victory on this argument to you. You’re right. We don’t know the true story, but from the post it sounded like the agents were looking for advice, which seemed like maybe it was their decision and not the sellers. But you are right, and maybe they’ll use this thread to convince their seller to lower the price. Maybe?

By: fluj

fluj — Tue, 24 Jun 2008 16:11:34 +0000

Well the property has been withdrawn. But last year another agent had the listing and they were asking 679K. So it has already been reduced once.

As to it being a no-brainer, typically it is the seller who wants to sell at a certain price. The seller drives the pricing. If it was up to most agents they’d lower the price in a heartbeat. Sometimes it just isn’t feasible, tho. People sometimes need to get a certain price. Right? Just saying, “Some agents are so dumb” was more than a little unfair. You don’t know the backstory.

By: macfan

macfan — Tue, 24 Jun 2008 15:50:45 +0000

@fluj,

Well they obviously are stretching their means by asking this site to post their question. It seems pretty clear if nobody is biting at a certain price and interest has been high, lower the price. Don’t you think?

By: fluj

fluj — Tue, 24 Jun 2008 15:34:46 +0000

“Exactly! Isn’t that just logic? If it doesn’t sell, lower the price! Duh! Some agents have no brains.”

Do you really think the agent is sitting there saying, “Whatever you do, don’t lower the price?” Jeez.

By: paco

paco — Tue, 24 Jun 2008 05:36:31 +0000

financing will be tough so offer to carry a second.

differentiate your product.

throw in a smart car.

By: macfan

macfan — Mon, 23 Jun 2008 23:04:22 +0000

Exactly! Isn’t that just logic? If it doesn’t sell, lower the price! Duh! Some agents have no brains.

By: bronson

bronson — Mon, 23 Jun 2008 21:50:58 +0000

Condos are starting to price correct… I think a number of people are pretty wary about buying now. On top of that, lofts are so dot-com boom.

If it’s not selling there’s only one thing to do: drop the price!

By: eddy

eddy — Mon, 23 Jun 2008 17:15:53 +0000

[obvious & useless comment alert] It’s probably overpriced. [/obvious & useless comment alert]