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Even Barbara Corcoran Hints......... Bid Low

Started by Bonzo
over 18 years ago
Posts: 380
Member since: Apr 2007
Discussion about
In her interview. Video at following link: http://www.barbaracorcoran.com/blog/?p=135 Remember she is the head of a large real estate company whose goal is to get the best prices for it's seller clients which makes her remarks very interesting..... seems like genuine advice.
Response by anonymous
over 18 years ago
Posts: 380
Member since: Apr 2007

bid low, bid low, bid low, bid low......

REPEAT

bid low, bid low, bid low, bid low......

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Response by anonymous
over 18 years ago
Posts: 217
Member since: Mar 2007

Ummm she said submit a bid on overpriced places or dumps. I don't know how/why this applies to #2 and don't get what #1 is implying.

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Response by anonymous
over 18 years ago
Posts: 1183
Member since: Feb 2007

bid low, bid low, bid low......

keep being a bitter renter, keep being a bitter renter, keep being a bitter renter......

REPEAT

bid low, bid low, bid low......

keep being a bitter renter, keep being a bitter renter, keep being a bitter renter......

REPEAT

bid low, bid low, bid low......

keep being a bitter renter, keep being a bitter renter, keep being a bitter renter......

REPEAT

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Response by anonymous
over 18 years ago
Posts: 217
Member since: Mar 2007

It's funny how someone can say something and two people get two totally different impressions

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Response by anonymous
over 18 years ago
Posts: 380
Member since: Apr 2007

She is saying if you make lower offers you wont get the door slammed in your face. Since you people are chickens and constantly try to justify/rationalize higher prices (the excuses you make for being chickens) you dont even try.

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Response by anonymous
over 18 years ago
Posts: 380
Member since: Apr 2007

#6 she is the head of a major real estate company so she is not going to come out and say "bid low" directly.

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Response by anonymous
over 18 years ago
Posts: 217
Member since: Mar 2007

How about just stick to good properties?

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Response by anonymous
over 18 years ago
Posts: 380
Member since: Apr 2007

How about figuring out the games realtors and sellers play with asking prices and not just offering the highest price.

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Response by plevy
over 18 years ago
Posts: 91
Member since: Dec 2006

I believe Barbara Corcoran was referring to apartments that are flawed with maybe a poor view or possibly needing a lot of renovation. These properties take longer to sell and yes you may get a deal on them. Also, properties that were priced very aggressively to begin with will sometimes sell for a little less than had they been priced correctly in the first place because they too will sit on the market a long time and the seller may get to a point where they just want to sell. I am sure she was not advising someone to bid low on a good property that is fairly priced as it is almost a guarantee that you will be outbid by someone else so why waste your time?

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Response by anonymous
over 18 years ago
Posts: 27
Member since: Apr 2007

#8 you are wrong! She is not the head of a major RE firm. Rather she WAS the head of a major firm whose name is eponymous. She sold the firm more than 3 years ago! Know your facts before you post, dummy!

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Response by anonymous
over 18 years ago
Posts: 400
Member since: Apr 2007

#15--i'm not #8 but i know she's still on the payroll of Corcoran as a consultant, so don't be quick to call other people dummy, dummy.

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Response by anonymous
over 18 years ago
Posts: 27
Member since: Apr 2007

#17: That is neither relevant nor responsive. I did not state that she is not associated with the company. I merely noted that she is not the head anymore, so it is you who are too quick to call someone dummy, dummy!

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Response by anonymous
over 18 years ago
Posts: 27
Member since: Apr 2007

#18/15--i'm #17 u r right. looks like i read the post too quickly. please accept my apologies, i guess i'm a dummy afterall.

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Response by anonymous
over 18 years ago
Posts: 474
Member since: Feb 2007

How is her being on the firm's dole not relevant? Argue semantics all you want, but for the queen of shills to say something of this nature is very significant.

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Response by anonymous
over 18 years ago
Posts: 27
Member since: Apr 2007

Indeed, but what is the significant thing that she said? Place bids on overpriced properties and dumps. That is a far cry from stating that all places are over priced. In any event, I have to think that what the poster who noted that she is not the head meant by noting whether she has a title there or not was in response to the many posts above who touted that the head of a major firm said such and such. Well, the head of the firm did not say such and such. As a matter of fact even if she were the head and said what she did, it would be a misinterpretation to take that as advice for across the board low bids.

Interestingly, the actual head of Corcoran recently announced that she was signing a contract to purchase an apartment in the Element, a new condo rising on the Upper West Side. Since seemingly so much weight and deference should be given to the words of the head of Corcoran, then everyone should run out and buy in new developments on the UWS.

By the way, this thread is really stupid.

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