{"id":1191,"date":"2013-09-30T17:58:39","date_gmt":"2013-09-30T17:58:39","guid":{"rendered":"http:\/\/new.jpfco.com\/dir\/?p=1191"},"modified":"2013-09-30T23:40:55","modified_gmt":"2013-09-30T23:40:55","slug":"im-not-getting-a-7-discount-on-my-nantucket-buy","status":"publish","type":"post","link":"https:\/\/www.jpfco.com\/dir\/im-not-getting-a-7-discount-on-my-nantucket-buy\/","title":{"rendered":"I&#8217;m Not Getting A 7% Discount On My Nantucket Buy?"},"content":{"rendered":"<p>The statistic <em>average discount to asking price<\/em> gives meaning generally to where the market is trading, but is irrelevant property to property.\u00a0 When buyer clients ask me what the actual number of that stat. is, I answer with a big asterisk at the end because once a buyer has that stat. in their head, it distorts their thinking of what market value is for each property.\u00a0 Once I tell the buyer that stat., I can literally see her going through our list of properties and calculating what 7% (or whatever the number may be at the time) off of the list price is.\u00a0 But, <em>average discount to asking price<\/em> means nothing per specific properties.\u00a0 Some properties sell for 80% of their list and others sell for 110%.\u00a0 The market will dictate the value, not a statistic.\u00a0 Take 5 Wigwam Road and 5 North Liberty Street.\u00a0 5 Wigwam Road just closed for 100% of list and 5 North Liberty Street just closed for 77% of list.\u00a0 So, take that stat. with a grain of sand.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The statistic average discount to asking price gives meaning generally to where the market is trading, but is irrelevant property to property.\u00a0 When buyer clients&hellip;<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1191","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.jpfco.com\/dir\/wp-json\/wp\/v2\/posts\/1191","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.jpfco.com\/dir\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.jpfco.com\/dir\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.jpfco.com\/dir\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.jpfco.com\/dir\/wp-json\/wp\/v2\/comments?post=1191"}],"version-history":[{"count":10,"href":"https:\/\/www.jpfco.com\/dir\/wp-json\/wp\/v2\/posts\/1191\/revisions"}],"predecessor-version":[{"id":1200,"href":"https:\/\/www.jpfco.com\/dir\/wp-json\/wp\/v2\/posts\/1191\/revisions\/1200"}],"wp:attachment":[{"href":"https:\/\/www.jpfco.com\/dir\/wp-json\/wp\/v2\/media?parent=1191"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.jpfco.com\/dir\/wp-json\/wp\/v2\/categories?post=1191"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.jpfco.com\/dir\/wp-json\/wp\/v2\/tags?post=1191"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}