Brokers are using flashier language — and free cupcakes — to lure buyers. As oversupply persists and units linger on the market, brokers are touting price cuts and a willingness to negotiate, Bloomberg reported. It sometimes sounds like a car dealership selling last year’s floor models — phrases like “Price improvement!” and “Bring all offers!” are cropping up more frequently. One Douglas Elliman listing, for example, was knocked down to $4.99 million. The Greenwich Village […]
source https://therealdeal.com/2018/08/30/bring-all-offers-what-brokerspeak-looks-like-in-a-buyers-market/
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