http://minneapolisguy.wordpress.com/2008/05/12/would-you-pay-list-price/ Life and real estate in Minneapolis. Tue, 14 Jul 2009 23:24:55 +0000 http://wordpress.com/ hourly 1 http://minneapolisguy.wordpress.com/2008/05/12/would-you-pay-list-price/#comment-147 Josh Fri, 23 May 2008 17:26:42 +0000 http://minneapolisguy.wordpress.com/?p=47#comment-147 As a recent buyer I can say, in my experience, to absolutely low-ball the offer. Why pay list price when there is so much inventory in the condo market downtown? Sure it varies depending on what you're looking for but newer 1 bedroom condos are overpriced for the dt market. 800-1000 sq feet wasn't worth paying for 230k - for me - 200-210k is getting more reasonable. As a recent buyer I can say, in my experience, to absolutely low-ball the offer. Why pay list price when there is so much inventory in the condo market downtown? Sure it varies depending on what you’re looking for but newer 1 bedroom condos are overpriced for the dt market. 800-1000 sq feet wasn’t worth paying for 230k – for me – 200-210k is getting more reasonable.

]]> http://minneapolisguy.wordpress.com/2008/05/12/would-you-pay-list-price/#comment-139 Ross Kaplan Tue, 13 May 2008 18:31:01 +0000 http://minneapolisguy.wordpress.com/?p=47#comment-139 My experience with (many) buyers the last 18 months is that you have to find them two homes: the first one, which they really like but don't move on fast enough, and sells while they're deliberating; and the second one, which also meets their criteria, and they buy before someone else beats them to it. Human nature, I guess . . . My experience with (many) buyers the last 18 months is that you have to find them two homes: the first one, which they really like but don’t move on fast enough, and sells while they’re deliberating; and the second one, which also meets their criteria, and they buy before someone else beats them to it. Human nature, I guess . . .

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