New and Reduced

Hilariously in a recent real estate e-flyer, a day old listing was touted as "reduced". Reduced, right out of the shute! Canny marketing acumen? Perhaps. Kooky salesperson typo? Possibly. Everybody loves a bargain? Surely. In what has become a comic buyer/seller dance. Listings debut, undergo a three week hazing, reduce, and then sell. Buyers, looking to tear the initial price down, feel triumphant. Sellers, having priced for a subsequent reduction, feel triumphant.

Speaking of reduced, the duplex at 1114 W. 40th Pl. in underrated West Park, USC close, has reduced to $549K and is open today from 11: 30 am - 2 pm. My associate Suzie Henderson will be there to meet and greet.

Elsewhere, I'm holding my second brokers open at 2361 W. 20th St. from 11 am - 2:30 pm. If you're cruising, stop in.
Labels: Real Estate Rants
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