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

To: Elroy Jetson who wrote (18389)	3/10/2004 11:12:21 AM
From: Amy J	Respond to of 306849

Elroy, Hilarious chart! Regards, Amy J

To: Elroy Jetson who wrote (18389)	3/14/2004 9:33:20 PM
From: JBTFD	Respond to of 306849

LOL !! Love that chart Elroy. One of the funniest things I've seen in a while.

To: Elroy Jetson who wrote (18389)	3/15/2004 9:29:51 AM
From: ild	Read Replies (1) \| Respond to of 306849

Front page of RE section in LA Times: Tutorial of how to WIN in multiple offerings. If this doesn't mark the top, then what does? An offer they can't refuse If rival bidders are standing between you and your dream house, outmaneuver the competition with some shrewd strategies. By Wendy Jaffe, Special to The Times Ask experienced real estate agents about the frequency of multiple offers in today's market and responses range from "at least 50%" to "every time if the home is under $600,000 and not overpriced." The combination of historically low interest rates and low inventory has made bidding wars the rule rather than the exception. Buyers entering the multiple-offer fray, however, can increase their odds of being selected by a seller. Successful bidders attempt to connect with the seller on an emotional level, demonstrate that they have the financial resources to close escrow, eliminate unnecessary contingencies and are flexible and savvy enough to include deal points that address the seller's individual needs. Unlike commercial real estate sales, where the bottom line is dollars, the sale of a home typically has a strong emotional component. Many homeowners, especially those who have lived in the same houses for years, care deeply about their home and neighbors. more at the link latimes.com