Wednesday, May 27th, 2009
We know there are many of you out there sad at the fact you may have missed out on Ritz-Carlton Residence #2203 when it came on the market at $2,600,000 over two Stalecades ago. You may have been sad then when you missed out on the price reduction after price reduction down to the most recent list price of $1,998,000. We know, we know…more than $1300 per square foot to live in the same building as a YouTube founder, or Crocs founder just sounds so cheap and you missed your opportunity. The two bedroom (we’re calling it one bedroom with a sliding wall to make two), two and one half bath luxury residence in the sky is something to behold, but it’s gone. Off the market.
Psyche! It’s coming back! It’s gonna be back on the market and you, dear luxury buyer, best do your homework, because we’re told it is coming back on the market around $2,225,000 (give or take a couple thousand bucks)! Yes, that’s right. Your chance is here to buy it for more than the previous list price in a down market where high end luxury is getting hammered. Home Owners dues are low, only $2400/month, and the price is climbing on this listing to be, so give us a shout and we’ll get you in there before the rest of the masses clambering for an over-priced slice of pie in the sky.
For the record, it is a beautiful unit in a great building and there are other great units for sale (and motivated sellers), we’re just not so sure bringing Unit #2203 back on the market at a price higher than the previous list price that didn’t sell is such a good idea. (Good way to get a listing though.) Of course, if someone is not doing their homework and they don’t check the property history (think Shady Agent tactics), there will be no harm done (ignorance is bliss, really). Otherwise, consider yourself educated, and tell your friends we almost always have the inside track to San Francisco real estate, and we’ll make sure your ass is covered.
-[Editor's Note: One Stalecade is equal to one property that has been on the market 100 days or more. Stalefish + Decade = Stalecade. Therefore, a property on the market over 200 days has survived two Stalecades...a stretch in terms, but we're running with it.]
Tags: luxury high rise, Ritz Carlton Residences, San Francisco Real Estate, shady agents, Stalefish ™
Posted in Financial District, Insider Information, Just plain fun, Luxury Homes | 1 Comment »
Friday, May 15th, 2009
More shady agent shenanigans…
Agent Joe secures listing from Seller Bill who had previously had their home listed with one of the top agents (says the agent) in San Francisco, Jim.
Agent Joe puts home on market.
Home sits on the market for 3 weeks, with no offers.
Seller Bill receives an email from top agent Jim stating (in so many words), “How’s your sale going? All of my listings are selling in two weeks with multiple offers.”
Seller Bill tells new agent Joe about the email.
Agent Joe laughs and shrugs and digs into MLS.
Shady agent Jim found swimming in a school of his own Stalefish.
Seller Bill and Agent Joe hoping to close escrow in June.
If you look really closely, you might see shady agent Jim. Actually, he’s everywhere…you don’t have to look that hard.
Tags: agents, san francisco, shady agents, theFrontSteps
Posted in Just plain fun | 3 Comments »
Friday, April 17th, 2009
Man! The stories I have personally encountered within this last week are beyond imagination. Here’s just one thing that has happened to me this week.
-2004 I sell condo in a 30+ unit building, shortly after I sell two more in the same building
-2009 one of the neighbors calls my previous brokerage to ask me to list their condo
-Caller is told I no longer work there and call my new office
-Floor agent at current office, who answers the call, and who shall remain nameless says, “He doesn’t work here.”
-Caller says, “But I was told he does.”
-Shady agent says, “Why don’t I come take a look at your property? I can probably help.”
-Caller says, “No, I’d like to work with Alex as he’s sold a few units in this building.”
-Shady agent says, “Well, I could come over there soon. My office is just around the corner.”
-Caller asks, “Do you know how I can get in touch with Alex?”
-Shady agent continues to push the issue, caller hangs up, calls my past client, he refers her to theFrontSteps.com, she calls me, we chat for 30 minutes about all sorts of things, she tells me the above story, we get a good laugh at some of the slime balls in our industry, and I’ll follow up with her in a month or two to potentially put her condo on the market.
Just some of the fun stuff we respectable agents deal with on a daily basis. Happy Friday!
Tags: shady agents
Posted in Just Interesting, theFrontSteps | 5 Comments »