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is this a sales ploy.....?

Started by Fayek
about 16 years ago
Posts: 269
Member since: Jul 2009
Discussion about
http://www.nydailynews.com/real_estate/2009/12/11/2009-12-11_fast__furious_these_local_condos_are_flying_off_the_shelves.html When reading this article, do you believe the story line or feel that this is a pr ploy?
Response by sjtmd
about 16 years ago
Posts: 670
Member since: May 2009

This is not a journalistic endeavor. It is like those articles about a local restaurant - you know, one that advertises in the paper. "Great service" "Beautiful presentations" What reporter gives contacts with numbers? If these units have "flown", let then show us the "empty nests" in a few months.

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Response by Fayek
about 16 years ago
Posts: 269
Member since: Jul 2009

Has anyone actually seen this when they were looking at condos, or is this all hype?

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Response by cfranch
about 16 years ago
Posts: 270
Member since: Feb 2009

you can spin this info either way. the reality is that when developers/sellers adjust prices to the market they move units. i think the target audience is not only potential buyers but the pr depts of the brokerage firms are trying to send a message to other developers to get religion and lower prices.

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Response by Fayek
about 16 years ago
Posts: 269
Member since: Jul 2009

cfranch

A great example would be the Forte in DoBr! As soon as the bank slashed prices they had almost 70% units in contract!

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Response by Fayek
about 16 years ago
Posts: 269
Member since: Jul 2009

There are properties that have already reached a level playing field. Not all the available listings for sale in new york are priced right!

But the sellers who are really determined to sell and are realistic to todays market will sell quickly, unlike let us say a half a year ago when nothing sold!

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Response by romary
about 16 years ago
Posts: 443
Member since: Aug 2008

what is with your overuse of the !?

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Response by cfranch
about 16 years ago
Posts: 270
Member since: Feb 2009

real estate is exciting!

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Response by OriginalPoster
about 16 years ago
Posts: 194
Member since: Jul 2006

New Jersey has a gold coast?

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Response by aboutready
about 16 years ago
Posts: 16354
Member since: Oct 2007

for a very brief period of time there was some "journalistic" reticence in writing such obvious advertising crap.

advertising crap!!!

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Response by lizyank
about 16 years ago
Posts: 907
Member since: Oct 2006

Actually AR, its more like PR crap. Advertising is (supposed to be at least) better creative writing.

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Response by aboutready
about 16 years ago
Posts: 16354
Member since: Oct 2007

true, singularly uninspired. but maybe that's because all the talent's been laid off. the shine is off the spin.

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Response by lizyank
about 16 years ago
Posts: 907
Member since: Oct 2006

The jobs are there--if you have five years experience in "social media" (has it been around five years) which btw is a nice way of saying if you are 27 and don't cost much. Question, does regular contribution to a real estate discussion where we veer off in every and any possible direction qualify as "social media?"

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Response by The_President
about 16 years ago
Posts: 2412
Member since: Jun 2009

"New Jersey has a gold coast?"

Yes, see below:

http://en.wikipedia.org/wiki/Gold_Coast_(New_Jersey)

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Response by aboutready
about 16 years ago
Posts: 16354
Member since: Oct 2007

liz, absolutely, update your resume immediately.

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