"Priced to sell" and "It won't last long at this price" (conversion, fees)
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Apparently this is some kind of secret code that actually translates to "overpriced". Maybe some of you realtors can share the decoder ring with us regular folks.
I was going through some of my pics when I was house hunting ... one that I looked at was advertised as "Buyer to verify all conditions".
The reality was that the house was best suited as a tear down. Illegal garage conversion, unpermitted electrical and plumbing work, and a foundation so termite ridden that the floor was collapsing.
Apparently this is some kind of secret code that actually translates to "overpriced". Maybe some of you realtors can share the decoder ring with us regular folks.
Yes, this is one of the many listing catch phrases that make me laugh. Quite a few "Hurry! Won't last long at this price!" that have been on the market 200 days, coming down 10k every 30 days or so. Saw one yesterday still priced about 100k too high as "final reduction." Guess they aren't interested in actually selling the place.
Apparently this is some kind of secret code that actually translates to "overpriced". Maybe some of you realtors can share the decoder ring with us regular folks.
Usually, "Priced to sell" or "Won't last long" was written 6 months ago when the listing was originally entered. Expect a price reduction soon.
I'm no agent, but here are a few I've learned while searching to buy.
"Bring your imagination" means "Bring gasoline and matches."
"Student rental" means "Adults would never live here."
"High-end finishes" means "Really shiny laminate."
"Priced accordingly" means "Expensive fixes in store for new owner."
"Below market rents" means "One of the least-desirable buildings on the market."
"Up and coming location" means "Ghetto."
"Eat in kitchen" means "No dining room."
"Panoramic views" means "The only apartment building in the neighborhood."
"Privacy" means "Miles from anywhere."
"Carefree living" means "High condo fees."
"Tastefully updated" means to the owner's taste. Which is horrible.
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