J Pepper Frazier Company just successfully brokered and closed another short sale on Nantucket-70 Pochick Avenue. Although I was working on the deal for 6 months, once Chase assigned the case a negotiator, in the sixth month, I was actually able to communicate with someone and move the deal along smoothly, basically as a conventional [...]
In December 2008, there were 628 total properties listed and out of those, 17 had accepted offers or were under agreement, 2.7%. In December 2009, there were 630 total properties listed and out of those, 33 had accepted offers or were under agreement, 5.2%. In December 2010, there are 593 total properties listed and out [...]
In my opinion, I don’t know why sellers get offended by offers. If they don’t like the offer, all they have to do is say no. When I am a seller, I encourage the brokers to get their buyer clients to make any offer. One never knows. I have seen a buyer make a $500K [...]