Yesterday in the NEW YORK TIMES, the article of articles was released: Between Buyers and Sellers, a Stalemate
In my brutally honest opinion, I must say GET REAL PEOPLE! If you are on the hunt alone or assisted by an agent play the game. No one is giving their property away and the real sellers, the sellers who have priced their property a certain way will negotiate. it may not be the 10% you are hoping for, but negotiation is key. I encourage all offers with my exclusives as well as my buyers. It is a game, and as a buyer you want the best price and as a seller you want the most for your wonderful apartment. I remember when the flea markets were the hay day in the city and you didn't grab the treasure and say "50 bucks? I'll give you 25!", You worked with the dealer or collector and said "what is the best you can do on this?"
Apply this as your buying and selling mantra.
Work with all the parties involved and use your agents know how, we all want to do a deal, but chopping the price just isn't going to happen. Find out what is the best they can offer and get your heads together and make a deal.
Buyers: Buy now, great rates and sellers want a deal by the end of the year!
Sellers: Sell now and work with an offer! Don't be offended by it.
NY TIMES ARTICLE:
http://www.nytimes.com/2007/12/02/realestate/02cov.html?_r=1&oref=slogin
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