In real estate markets, properties priced below market value can generate significant buyer interest and momentum, often resulting in final sale prices above the original asking price due to competitive bidding. Additionally, effective negotiation techniques involve transforming confrontational discussions into collaborative conversations by expressing genuine interest in the property and seeking to understand the seller's pricing rationale, which can lead to more favorable outcomes for both parties.
Deep Dive
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Deep Dive
A 4 Bedroom Under 700k in 10312 and We Just Broke Into QueensAdded:
A four-bedroom, three-bathroom home, 10312 with two driveways, two balconies, three-season room, and a garage. Asking $699,000, and no, it's not falling apart. This is one of the listings I just announced in my 321 Deal newsletter this morning. I send it out every Sunday 9:00 a.m. This specific property is going to fly. Four bedrooms, South Shore, $700,000, unicorn.
South Shore people know what I'm talking about. The natural assumption is the house has to be a wreck for that price, but you're wrong. It's maintained like the little queen that it is. It's coming soon. Tell everybody you know, get ready. We're going to start marketing it as soon as we hit the market. In other news from this morning's edition, I'm officially breaking into Queens tomorrow. My first Queens listing goes live. 4,700 square foot lot in Howard Hamilton Beach at $325,000.
The play here is a million-dollar plus two-family build. I have a builder prospectus being drawn up right now. Um that's going to bring my personal listing count to like 12 or 13 with nearly 10 more ready to go in the coming weeks. Um it's just craziness right now.
I have a townhouse coming by the mall, two-bedroom condo with loft and granite bill, three-bedroom semi right on the water, Southeast Annadale. Not flood zone. Two-family in Great Kills in immaculate condition.
Craziness. I also broke down my two power plays in this week's newsletter.
Uh so, power play number one, underpricing creates momentum, right? A home worth 829 launches at 799 with strong presentation and an offer deadline. We will get packed showings, emotional buyers, multiple offers pushing the final number above asking.
The market pays premiums for momentum, not optimism.
Power play number two that we discussed is the one sentence advantage.
Instead of telling a seller you're walking, you could try, you know, we like the home and we want to make this work. Help us understand how you got to your number, right? So, that turns kind of confrontation into collaboration.
Obviously, much more in-depth in the newsletter.
Full edition also has three new stories affecting your home value, my deep dive on why New York City prices keep rising even as sales stay flat, sales stay flat, this week's deal of the week, which is a 60 by 100 two-family with a in-ground pool in Southeast Annadale, and my full active buyer corner. 321 deal, we drop it every Sunday at 9:00 a.m. for the last 5 years in a row, I think. I don't think I've ever missed a Sunday. The link is in my bio. It's 100% free.
Call or text me 917-905-2541.
Share this with anybody on the fence about buying or selling in this season.
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