Wednesday, April 7, 2010

"You can't always get what you want"

"But if you try real hard, sometime you can get what you need"  The Stones of course 
Windrush

This is what we used to call a sign listing.  With a condo and no sign it is now called a call listing.  The agent is a very intelligent and successful agent.  This listing can't appraise so they are looking for a cash buyer that just can't live without a 3 bedroom 2 bath SE corner unit on the 2nd floor listed at $485,000.  Some agent will always take a listing like this, the reasoning is if they don't, someone else will take it.

Windward East

Good news is that if someone shows the Windrush they will also show the top floor Windward East with 200 less sq ft and a price difference of $156,000.

2100 Towers

Nothing under contract but some price reductions.

The Diplomat

The unit that we have been watching that was under contract has closed at $190,000.  It was listed at $214,900 on the market for 116 days.
It is very interesting that 5 units on the ocean has sold in the past year.  The sold prices have ran from $190,000 to $259,000. 
Now back in the day, one of my favorite clients made a cash offer on a oceanfront unit that I delivered at 7pm on a Friday night $1000 over the list price and they didn't get it.

Change won't always do you good!

Jim Bagwell

Pic is from the aftermath of the Shuttle launch


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