Real Estate Blue Light Special on Aisle Six
I have to give Coldwell Banker Burnet a little credit for trying anything to spark sales. Their 10 day sales event has gotten a ton of publicity and gotten people in the twin cities looking at real estate again.
My personal thoughts on this promotion, what an ingenious way to basically trick your sellers into a price reduction.
Most all real estate agents know that once you drop the price on a home it is nearly impossible to get that money back. Think about it: if you saw a home listed for $180,000 two days ago and it is listed for $190,000 today what will you offer them? $190K? I thought so:)
In the grand scheme of things, the price reductions are more than likely a necessity in order to get a lot of homes sold that are currently listed. I congratulate Coldwell Banker on trying new things to get people into the market, but what's next? A "blue light special?"
Jason Tangen - GRI, e-PRO - Real Estate Broker Associate with Edina Realty in St Cloud MN
www.StCloudEdina.com - See all the bank owned properties listed on the St Cloud MLS
http://JasonTangen.EdinaRealty.com - Search open houses in Sartell MN and all of Central MN
