new builds: Winning the Lottery—New Construction Trends
- 05/23/13 05:03 AM
After seeing potential buyers camping out at the opening of new condo complexes in Sunnyvale, CA, O’Brien Homes come to the conclusion that they did not want that trend to continue. Each month, as a new development went under construction, around 50 pre-qualified, down payment-ready buyers would show up at the sales office hoping to nab one of the sites available. O’Brien Homes began to draw numbers similar to Bingo in order to decide who ‘won’ the units. For each available unit, the company drew a winner and a back-up just in case the primary winner fell through. "Some people (0 comments)