Comments on: DEAL or NO DEAL http://www.pruvoices.com/2008/09/deal-or-no-deal/ Conversations in Real Estate Tue, 16 Mar 2010 14:43:06 -0600 http://wordpress.org/?v=2.9.2 hourly 1 By: Rehana Hafiz http://www.pruvoices.com/2008/09/deal-or-no-deal/comment-page-1/#comment-111 Rehana Hafiz Sat, 27 Sep 2008 03:33:31 +0000 http://www.pruvoices.com/?p=100#comment-111 Lee, VERY well said. I agree completely. I just wrote six offers with a client looking for that "deal". All the offers we wrote were well below asking and market value. Obviously we have not ratified any of them; one was completely rejected. My client is learning the hard way, that there is still a very competitive market out there. A few of the offers were submitted on the very 1st listing day and had multiple offers with in hours. Although it took a lot of grueling hours and some heart ache, our last offer was above asking. We have not yet ratified but we are still in the game. YEAH! Although there are some great deals out there, I think a lot people have a false impression of the market, and do not realize the fact that when you purchase a beautiful 3 bedroom 2 bath home anywhere in the Bay Area for $550,000, it's a GREAT DEAL! The Bay Area prices have come down some but I don't believe they will ever be 200k like many people are offering or waiting for. Unfortunately for all those who are waiting or "low balling", they will be left behind once again. Before we know it, the prices will be back to $800k plus. We don't know when rock bottom hits until the prices go up, at that point, it's too late. Thanks Lee for a great lesson on what is a "Deal" Lee, VERY well said. I agree completely. I just wrote six offers with a client looking for that “deal”. All the offers we wrote were well below asking and market value. Obviously we have not ratified any of them; one was completely rejected. My client is learning the hard way, that there is still a very competitive market out there. A few of the offers were submitted on the very 1st listing day and had multiple offers with in hours. Although it took a lot of grueling hours and some heart ache, our last offer was above asking. We have not yet ratified but we are still in the game. YEAH!

Although there are some great deals out there, I think a lot people have a false impression of the market, and do not realize the fact that when you purchase a beautiful 3 bedroom 2 bath home anywhere in the Bay Area for $550,000, it’s a GREAT DEAL!

The Bay Area prices have come down some but I don’t believe they will ever be 200k like many people are offering or waiting for. Unfortunately for all those who are waiting or “low balling”, they will be left behind once again. Before we know it, the prices will be back to $800k plus.

We don’t know when rock bottom hits until the prices go up, at that point, it’s too late.

Thanks Lee for a great lesson on what is a “Deal”

]]> By: Shokoofeh http://www.pruvoices.com/2008/09/deal-or-no-deal/comment-page-1/#comment-106 Shokoofeh Tue, 23 Sep 2008 17:26:36 +0000 http://www.pruvoices.com/?p=100#comment-106 Lee, It's a deal!!! I beleive buying real estate at today's market value is definietly "A DEAL." Lee, It’s a deal!!!
I beleive buying real estate at today’s market value is definietly “A DEAL.”

]]> By: Michael Monozon http://www.pruvoices.com/2008/09/deal-or-no-deal/comment-page-1/#comment-105 Michael Monozon Tue, 23 Sep 2008 16:47:01 +0000 http://www.pruvoices.com/?p=100#comment-105 Lee, very well stated, thank you Michael www.prucal.com Lee, very well stated, thank you
Michael http://www.prucal.com

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