fort myers: Non Official Real Estate Auctions
- 10/15/09 03:06 AM
What are your thoughts on listing a property for sale with a sales prices much lower than market value? For the purposes of collecting offers and creating a mulitple offer situation. Then having the seller select the best? Creating sort of a "non-official auction". If the sellers ulitmate value is not realized, they reject all offers. … (0 comments)
fort myers: Commerical Real Estate Defaults Way Up. Sellers Wake Up
- 07/16/09 05:09 AM
Great Article Here is a terrific article from COSTAR. Thinking of selling your commerical/multifamily/retail/land. Read and heed. Here is a link to the original article Auction Gavels (Again) Mark the Return of Distressed Real Estate Call it an 'Auction' or an 'Accelerated Marketing Model," The Seller's Objective is the Same -- To Fast-Track Deals Via the Auctioneer's Mallet By Randy Drummer July 15, 2009 With the recession taking a toll on traditional channels for selling commercial real estate, auction houses are once again stepping up to the podium to call "going, going, gone" on a new set of distressed assets … (0 comments)
fort myers: Why Should I Buy Now?
- 07/07/09 07:26 AM
Wednesday, June 24, 2009 Over the past few weeks we have seen interest rates (read this as "the cost to borrow money") increase on all sorts of loans. For comparison sake, let's look at a 30 year fixed rate loan. Less than a month ago you could lock in a rate in the mid to upper 4% range. Today that same loan is over 6%. Now 6% is obviously still a GREAT rate historically! But let's take a look for a minute at what this means to an "average" US home buyer. Sellers read on - there is information for you … (0 comments)
What are your thoughts on listing a property for sale with a sales prices much lower than market value? For the purposes of collecting offers and creating a mulitple offer situation. Then having the seller select the best? Creating sort of a "non-official auction". If the sellers ulitmate value is not realized, they reject all offers.
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