Of course they can sell those units, the prices are too low!
I guess they're trying to artificially inject a sense of urgency into potential buyers hoping to make a sale.
EconE
· 1 year ago
Just curious Matt...
What sources are you using for your past sales? I've noticed that some places listed on Redfin as past sales include commercial units, apartment complexes and even garage parking spots such as this one from a Cap Hill Condo that sold.
I even came across an apartment complex in Bellevue that sold and rather than listing the sale as one sale, it was listed as over 100 different sales with each unit showing the same sales price of over 15MM if I remember correctly.
It really makes one wonder just how many million $+ places actually are selling.
How many are actually for sale. Well...it looks like you already answered that one. Many more than are accounted for on the MLS for sure.
Way too many IMO.
mattgoyer
· 1 year ago
Hey EconE,
The numbers I quote are from the NWMLS that an agent friend pulled for me.
As for Redfin, I'll forward that to our data team and get them pulled off the site. Unfortunately the data we get from the county is pretty "dirty".
Affluent Bitter Renter
· 1 year ago
LOL LOL LOL.
To paraphrase PT Barnum, "There's an Escala condo purchaser born every minute."
If anyone falls for this tactic, I have a bridge to sell them...
nitsuj
· 1 year ago
OH NOES!!!
jo
· 1 year ago
Lame.
I suspect the people that are considering Escala won't be naive enough to fall for this marketing ploy.
All Comments
I guess they're trying to artificially inject a sense of urgency into potential buyers hoping to make a sale.
What sources are you using for your past sales? I've noticed that some places listed on Redfin as past sales include commercial units, apartment complexes and even garage parking spots such as this one from a Cap Hill Condo that sold.
unit...
http://www.redfin.com/stingray/do/printable-pro...
parking spots...
http://www.redfin.com/stingray/do/printable-pro...
http://www.redfin.com/stingray/do/printable-pro...
I even came across an apartment complex in Bellevue that sold and rather than listing the sale as one sale, it was listed as over 100 different sales with each unit showing the same sales price of over 15MM if I remember correctly.
It really makes one wonder just how many million $+ places actually are selling.
How many are actually for sale. Well...it looks like you already answered that one. Many more than are accounted for on the MLS for sure.
Way too many IMO.
The numbers I quote are from the NWMLS that an agent friend pulled for me.
As for Redfin, I'll forward that to our data team and get them pulled off the site. Unfortunately the data we get from the county is pretty "dirty".
To paraphrase PT Barnum, "There's an Escala condo purchaser born every minute."
If anyone falls for this tactic, I have a bridge to sell them...
I suspect the people that are considering Escala won't be naive enough to fall for this marketing ploy.