28 November 2007

Chase The Market Down

If you're going to drop the price of your languishing property, at least drop the price. A R5000 drop from R1 700 000 to R1 695 000 is nothing more than an attempt to get Private Property to advertise your flat as "Price Reduced!".

Oooh a 0.3% price decrease, now I'm definitely interested.

2 comments:

Anonymous said...

was it a price drop or a commission drop

Anonymous said...

Private Property don't charge commission, so it was pure price. I understand why. I tried to sell with them back in July - what a complete dog show. Moved to a real agent a month later after 2 visits from uninterested browsers, and at least now I've sold, albeit after a major price drop. Always a greater fool, I suppose.