Tag: Strategy

very patient (and secretly negotiable) famous seller finally sells 497 Greenwich Street loft at 17% discount

  why do people do that? The seller of the “1,661 sq ft” Manhattan loft #6B at 497 Greenwich Street (the Winka Dubbeldam-designed Greenwich Street Project) told The Market she wanted $2.35mm, but when push (eventually) came to shove she

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real estate market psychology: about seller refusal to take a loss

just ‘cuz “everyone knows” doesn’t mean it is not trueYes, it is no great revelation to state as fact that apartment or loft sellers in Manhattan (and elsewhere) are reluctant to sell (even when “on the market”) if they can

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negotiation science / The Anchoring Effect

indeed, "we" are not so smartInteresting post from an interesting blog that I have been mulling over this past week, as it had great personal relevance this week (story below) and has a real estate nexus. The post is Anchoring

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