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.
“1-day low-ball offers. accept it today else you’ll be hit with a lower 1-day offer tomorrow”
Already in the cards as defined by the collapse. Gets worse daily. Wait’l the next Elliman report comes out.
***Bid half off peak comps***
Is it JUST corcoran properties?
“BHO….why don’t you actually start bidding half off and get something so you’ll go away?????”
No, I’m going after the surge in brownstone duplexes for rent (same thing as “owning” a brownstone, only half the cost and perhaps without Wolf and granite). Those are crashing faster. Wifey is on Team Bear now. By the time you come banging on Team Bear’s door, I won’t have to bid half off. Ask will already equal half off or worse. Besides, the sheep need me. I’m a home price activist. I stay.
***Bid half off peak comps***
in those cities, it would be buy 1 get 3 free offers
“It’s their clients that need walking tours of Las Vegas, Phoenix, California and Florida.”
In these cities, they’d have to be “Drive-by Tours.”
That’s a really good idea, to drum up interest in the open houses and try to get some momentum. Ringo is right though, once the discount or incentive is offered, you can’t really take it back. Maybe it’s a clever way to meet the market without pushing all the prices down? As a prospective buyer, I would prefer for prices to come down a lot more, but I have to admire their ingenuity.
1-day incentives should be met with 1-day low-ball offers. accept it today else you’ll be hit with a lower 1-day offer tomorrow
i think this is a great idea. when we were in the market for a house it would have been so much easier to hit 10 houses in 1 day then to try and schedule so many appointments over several weeks and wasting alot of time.
Smart. I’ll happily wander thru the bococa places.
I never trust “today only” special tho. I think the seller should know if they’re offering $10k for new closets or gold faucets or whatnot TODAY ONLY, they better expect to offer them down the road as well.