A 15-bedroom American mansion with a guitar-shaped driveway has gone up for auction - with a starting bid of $0. Seven Montagel Way will go under the hammer on October 31. The 27-acre property in Shoal Creek, Alabama comes with a horse riding arena and a fitness...
I love her sales strategy here, and we should adapt something similar! The estate sale is next weekend, October 16, 17, and 18th:
I keep hoping that the auction format will take hold, and at least become one of the choices for sellers to consider. The Harcourts hubbub has settled down - I haven't seen or heard of any of their auctions lately - but auction.com is finally sticking their toe in...
Hat tip to DH for sending in this article: http://www.ocregister.com/lansner/swimming-682657-estate-house.html An excerpt: "Going … going … gone! Seller will reduce price by $50,000 every day until sold," said an ad that Coleen Brennan of Engel & Volkers ran in...
Do realtors steer buyers to listings that pay higher commissions? This new study by NBER says we do - I chimed in at the comment section: http://www.notorious-rob.com/2015/09/nber-study-conflicts-of-interest-and-the-realtor-commission-puzzle/ Maybe it's my...
Reader 3rd Gen SD sent this in yesterday: JtR, have your sales and experience led you to a percentage of listing price that should be devoted to making deferred maintenance and aesthetic updates? Perhaps a suggested metric other than percentage of LP? To wit, I'm sure...
The effective date of the TRID has been determined - October 3rd: http://www.realtor.org/topics/trid-tila-respa-integrated-disclosure The way some people are acting, you would think it was the end of the world. The changes in loan disclosures were supposed to take...
None of the wranglings with Zillow or others will matter much if auctions take hold. Here's another example of how they are being presented: LINK HERE to story. An excerpt: The property is being auctioned through Premier Estates in conjunction with local listing...
Did this guy just fall off the turnip truck? $11,500,000 opening bid: Tres Paraguas — from Concierge Auctions
Rob Dawg said, quoting this latines.com article: "Regular marketing doesn't work anymore." Seems the RE industry is at a crossroads. Marketing or facilitating. One need only read the quote and see which way the wind has shifted. Houses are worth different prices to...
