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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Mark Ivan who wrote (159)8/2/2001 10:51:01 AM
From: GraceZRespond to of 306849
 
I had a neighbor who was a lawyer for a large insurance company. She used to use this method when offering settlements. Amazing thing was it frequently worked and the plaintiff would take the second or third lower offer.

What is weird was when she sold her house she sold it a good 10% below the market (transfered and didn't want to sit on it empty) which really ticked me off because I wanted to sell my house and it made my house worth less.



To: Mark Ivan who wrote (159)8/2/2001 10:52:29 AM
From: patron_anejo_por_favorRead Replies (1) | Respond to of 306849
 
ROTFL! That method certainly works in stocks!

In a weak market, might be worth a shot, especially if they've gotten no bids for weeks. But people tend to get a lot more emotional about their home's value (ie, more closely tied to their ego)....and more times than not you'll get an angry "p*ss off" kind of response, I think...


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