Comments on: Miami Beach Condo Not Selling? 4 Tips on How to Handle Price Reductions http://www.southbeachrealestateblog.com/2007/10/10/miami-beach-condo-not-selling-4-tips-on-how-to-handle-price-reductions/ Miami, Miami Beach and South Beach Luxury Real Estate Blog Mon, 02 Jan 2012 03:59:50 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Secrets for Selling Your Miami Beach Real Estate » South Beach Condo Blog http://www.southbeachrealestateblog.com/2007/10/10/miami-beach-condo-not-selling-4-tips-on-how-to-handle-price-reductions/comment-page-1/#comment-672 Secrets for Selling Your Miami Beach Real Estate » South Beach Condo Blog Sat, 26 Jan 2008 05:16:32 +0000 http://www.southbeachrealestateblog.com/2007/10/10/miami-beach-condo-not-selling-4-tips-on-how-to-handle-price-reductions/#comment-672 [...] Making small price reductions. I’ve said it before, so I don’t have to say it again. 2. Hiring the wrong agent. Having a competent, professional agent is more important than ever. 3. [...] [...] Making small price reductions. I’ve said it before, so I don’t have to say it again. 2. Hiring the wrong agent. Having a competent, professional agent is more important than ever. 3. [...]

]]> By: Miami Beach Real Estate Statistics: South Beach YTD Condo Market Index- October 2007 » South Beach Condo Blog http://www.southbeachrealestateblog.com/2007/10/10/miami-beach-condo-not-selling-4-tips-on-how-to-handle-price-reductions/comment-page-1/#comment-510 Miami Beach Real Estate Statistics: South Beach YTD Condo Market Index- October 2007 » South Beach Condo Blog Thu, 25 Oct 2007 05:03:42 +0000 http://www.southbeachrealestateblog.com/2007/10/10/miami-beach-condo-not-selling-4-tips-on-how-to-handle-price-reductions/#comment-510 [...] Kevin’s advice: If you are a serious Miami Beach condo seller, don’t wait until after the “season” (“season” typically is December-June) to re-evaluate your pricing, DO IT NOW! If you plan on re-evaluating your list price, here is a guide to help you do it, the right way. [...] [...] Kevin’s advice: If you are a serious Miami Beach condo seller, don’t wait until after the “season” (“season” typically is December-June) to re-evaluate your pricing, DO IT NOW! If you plan on re-evaluating your list price, here is a guide to help you do it, the right way. [...]

]]> By: Kevin Tomlinson http://www.southbeachrealestateblog.com/2007/10/10/miami-beach-condo-not-selling-4-tips-on-how-to-handle-price-reductions/comment-page-1/#comment-507 Kevin Tomlinson Wed, 24 Oct 2007 22:16:04 +0000 http://www.southbeachrealestateblog.com/2007/10/10/miami-beach-condo-not-selling-4-tips-on-how-to-handle-price-reductions/#comment-507 Hey Chris! Man, I just saw your comment now. Great event last week! Hey Chris!

Man, I just saw your comment now. Great event last week!

]]> By: Kevin Tomlinson http://www.southbeachrealestateblog.com/2007/10/10/miami-beach-condo-not-selling-4-tips-on-how-to-handle-price-reductions/comment-page-1/#comment-506 Kevin Tomlinson Wed, 24 Oct 2007 22:12:46 +0000 http://www.southbeachrealestateblog.com/2007/10/10/miami-beach-condo-not-selling-4-tips-on-how-to-handle-price-reductions/#comment-506 Young man? Me? Wow, Bill you rock! Young man? Me? Wow, Bill you rock!

]]> By: Bill Travers http://www.southbeachrealestateblog.com/2007/10/10/miami-beach-condo-not-selling-4-tips-on-how-to-handle-price-reductions/comment-page-1/#comment-505 Bill Travers Wed, 24 Oct 2007 19:47:56 +0000 http://www.southbeachrealestateblog.com/2007/10/10/miami-beach-condo-not-selling-4-tips-on-how-to-handle-price-reductions/#comment-505 Right on young man! Stay the course when the price is right. No need to reduce if your priced right even though no one is knocking on the door. Keep it apples to apples on pricing, not median price. Patience works. Right on young man! Stay the course when the price is right. No need to reduce if your priced right even though no one is knocking on the door. Keep it apples to apples on pricing, not median price. Patience works.

]]> By: sean keville http://www.southbeachrealestateblog.com/2007/10/10/miami-beach-condo-not-selling-4-tips-on-how-to-handle-price-reductions/comment-page-1/#comment-495 sean keville Thu, 18 Oct 2007 16:10:35 +0000 http://www.southbeachrealestateblog.com/2007/10/10/miami-beach-condo-not-selling-4-tips-on-how-to-handle-price-reductions/#comment-495 Kevin Would 2004 levels be a good basis for potential South Beach condo buyers in the current market generally speaking? Kevin
Would 2004 levels be a good basis for
potential South Beach condo buyers in
the current market generally speaking?

]]> By: Christopher Zoller http://www.southbeachrealestateblog.com/2007/10/10/miami-beach-condo-not-selling-4-tips-on-how-to-handle-price-reductions/comment-page-1/#comment-494 Christopher Zoller Thu, 18 Oct 2007 15:40:39 +0000 http://www.southbeachrealestateblog.com/2007/10/10/miami-beach-condo-not-selling-4-tips-on-how-to-handle-price-reductions/#comment-494 Kevin, Right on the money! Your comments are timely and accurate. There will always be a market for properly priced properties and you cannot be shy when reducing. There is no such thing as a bad offer, just a bad offering. Thanks for your market analysis. Chris Kevin,
Right on the money! Your comments are timely and accurate. There will always be a market for properly priced properties and you cannot be shy when reducing.
There is no such thing as a bad offer, just a bad offering.
Thanks for your market analysis.
Chris

]]> By: sean keville http://www.southbeachrealestateblog.com/2007/10/10/miami-beach-condo-not-selling-4-tips-on-how-to-handle-price-reductions/comment-page-1/#comment-488 sean keville Wed, 17 Oct 2007 17:52:43 +0000 http://www.southbeachrealestateblog.com/2007/10/10/miami-beach-condo-not-selling-4-tips-on-how-to-handle-price-reductions/#comment-488 In a market like this a condo seller in a large building should, if serious, be priced in at least the cheapest two or three units I believe. In buildings like the Yacht Club or the Cosmopolitan for example many if not most units are priced at or even through 05/06' levels when you compare them to the sales history. 1/1.5's lsited higher in the same building than 2/2's is kind of a non starter. In a market like this a condo seller in a large building should, if serious, be priced
in at least the cheapest two or three units
I believe. In buildings like the Yacht Club
or the Cosmopolitan for example many if
not most units are priced at or even through 05/06′ levels when you compare them to the sales history. 1/1.5′s lsited
higher in the same building than 2/2′s is
kind of a non starter.

]]> By: faith philip http://www.southbeachrealestateblog.com/2007/10/10/miami-beach-condo-not-selling-4-tips-on-how-to-handle-price-reductions/comment-page-1/#comment-487 faith philip Tue, 16 Oct 2007 18:32:38 +0000 http://www.southbeachrealestateblog.com/2007/10/10/miami-beach-condo-not-selling-4-tips-on-how-to-handle-price-reductions/#comment-487 Hey Kevin, Points well taken. I recently sold a Philly twin in 24 days for the highest price in the neighborhood for the last year. The property was overpriced(regardless of the surrounding comps, many investors were dealing with sellers directly and undercutting the market value of homes), there was little interest in the property. We made a substantive reduction, kept our cool and got a great offer settling within 2 weeks of an executed AOS. I wish all sellers were this accomodating and willing to understand the housing market dynamics. Hey Kevin,
Points well taken. I recently sold a Philly twin in 24 days for the highest price in the neighborhood for the last year. The property was overpriced(regardless of the surrounding comps, many investors were dealing with sellers directly and undercutting the market value of homes), there was little interest in the property. We made a substantive reduction, kept our cool and got a great offer settling within 2 weeks of an executed AOS. I wish all sellers were this accomodating and willing to understand the housing market dynamics.

]]> By: Price Reductions and Miami Beach Condos: Tips to Help Make the Right Decision http://www.southbeachrealestateblog.com/2007/10/10/miami-beach-condo-not-selling-4-tips-on-how-to-handle-price-reductions/comment-page-1/#comment-484 Price Reductions and Miami Beach Condos: Tips to Help Make the Right Decision Fri, 12 Oct 2007 22:44:11 +0000 http://www.southbeachrealestateblog.com/2007/10/10/miami-beach-condo-not-selling-4-tips-on-how-to-handle-price-reductions/#comment-484 [...] Learn more about how to effectively handle price reductions at the South Beach Real Estate Blog [...] [...] Learn more about how to effectively handle price reductions at the South Beach Real Estate Blog [...]

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