Snail it will move fast but it will be replaced with another, last week , one street over a 249 came up and sold within a few days, smaller lot, slightly worse shape and location. I’ve seen a bunch this month, all up and down in days and all at about 250k, that is the new “dump it yesterday” price. I tried to lowball some last week but lowballing the 250k fire sales with a 200k offer, get no more than a “thanks for playing” call. They get their ask on those and they get it quick. Lowballing the competition, the out of touch reo’s is where you need to go, I’ll be using these as comps when I go lowballing for real in the next few months.
Case study, this one comes up for 314, gets jumped on with multiple offers day 1. My lowball of 250k is laughed at.
The last two will now be haunted by the 314k and I keep all the 250k sales in my memory bank and when I offer 250k for one of them in november I can make a case for it. Booya!!!
