Corcoran Serving Value Meals in Brooklyn in May
In an effort to inject some sense of urgency among buyers, Corcoran is teeing up three Saturdays worth of neighborhood walking tours with special one-day incentives hidden at each stop: price reductions, renovation credits and closing cost discounts will all be used as carrots. (They’ll save the sticks for making the sellers lower their prices!)…
In an effort to inject some sense of urgency among buyers, Corcoran is teeing up three Saturdays worth of neighborhood walking tours with special one-day incentives hidden at each stop: price reductions, renovation credits and closing cost discounts will all be used as carrots. (They’ll save the sticks for making the sellers lower their prices!) Four walking tours are scheduled for this weekend: Bed Stuy/Bushwick, Clinton Hill/Fort Greene, Crown Heights and Williamsburg. Pretty smart way to leverage the firm’s scale, we’d say. Of course, it’ll only matter if it results in some deals. Park Slope down through PLG is set for May 16 with Dumbo and BoCoCa planned for May 30th.
You need to take a night off from the Asian markets and get some rest, DIBS. Your thinking needs tweeking. Greed on the way up (dumb money) is not the same as greed on the way down (smart money). Similarly, fear on the way up (smart money) is not the same as fear on the way down (dumb money).
About employment numbers. You mean the ones that the govt cooks by adding fake jobs? DOW/SP still hovers around 8000/800. Job market lags the stock market. Even YOU know that.
“Don’t wait too long BHO.”
Right now, that strategy is for sellers. That warning will be appropriate for me after the bottom is in (no more negative change in NY Case-Killer from same month last year). And even then, no rush in a backward-J shaped “recovery” (volume only).
“Nothing’s cast in stone that you will achieve your objectives.”
As De Niro said to Pacino in Heat, “there’s a flip side to that [avoiding half off or worse]”.
***Bid half off peak comps***
DIBS – I’m glad the economy looks it’s no longer hemmoraghing (sp? – sorry no time to spell check). But that’s a far cry from thinking the days of froth are anywhere close to returning. The recovery will take a long time, and no one is even sure if this is the bottom, or a false start. Also, NY RE historically has been a lagging indicator.
I continue to be horrified by the brokerage business tactics. Haven’t we learned that real estate and home purchases are not the same as buying sweaters or sofas? The very core of these promotions would seem to be that given enough impetus, they can convince people to borrow hundreds of thousands of dollars and commit their life savings at least partially on impulse. Brokers need to look themselves in the mirror and realize that crap like this is a big part of the problem.
Snark…that’s one of the most assinine comments I’ve heard from an economist in quite awhile, and I have a lot of respect for HFE. Every number is only meanungful with in the context of most recent comparisons.
“By any measure except the past few months, a 491,000 drop in private payrolls is disastrous…,” said Ian Shepherdson, chief U.S. economist for High Frequency Economics.
These need to be drive-by tours as well. The Bed Stuy and Crown Heights locations are all over the place. Anyone trying to see them all on foot will be down a few pounds by the end, although if you are in the market for a house, you might not look at new construction condos.
Hmmm, might be a good idea to market them as fitness tours.
How ’bout those employment number today??? Don’t wait too long BHO. Nothing’s cast in stone that you will achieve your objectives.
Greedy on the way down is as bad as greedy on the way up!!!!
“In these cities, they’d have to be ‘Drive-by Tours.'”
Metaphor, ENY. Metaphor.
“in those cities, it would be buy 1 get 3 free offers”
Now you’re learning.
***Bid half off peak comps***
Bring a scented handkerchief to mask the stench of desperation.