[5-DayForum] 4 unit condos

Bill Effros bill at effros.com
Fri Oct 19 15:02:39 EDT 2007


Derek,

Don't sell them all at the same time to different buyers.  They will 
compete with each other.  Sell the least expensive first.  Tell buyers 
you don't know if you will sell the others using this method, it depends 
on the price the first one goes for.  Even if the first one goes cheap, 
sell the second one.  People will know you are really going to sell, and 
the second will go for proportionally more.  By the time you get to the 
best units you will be able to do as well as possible with them, and on 
the last unit, when they're gone, they're gone.

Don't sell 4 weeks in a row.  Put some distance between the sales, 
preferably not selling another until you have closed on the first.

Bill Effros



Derek Lemke wrote:
> I have a 4 unit condo.
>  
> Will this program work for selling them.
>  
> I wish to sell them all at the same time.
>  
> The upper 2 should bring approx. $5000.00 more than the bottom 2.
>  
> I would like to get at least $600,000.00 for the whole building.
>  
> Approx. $150,000.00 each.
>  
> Thanks for all your info and ideas.
>  
> Derek
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