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SHELLY

SoWal Insider
Jun 13, 2005
5,763
803
"
I would like to thank owner of 417" NOT"

Is this the new going rate for our condos? Why did this owner screw the rest of us by lowering our property values?"

Here's a reply:


Dear Condo Neighbor,

You had the opportunity to buy that condo for 100K more than the current selling price in order to keep our property values up--but you did not!....it's you who screwed the rest of us by lowering our property values.

PS: You might want to check the elevator cables on your next ride down.


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JoshMclean

Beach Fanatic
Jan 15, 2007
995
128
Santa Rosa Beach
Our increased prices were not the only factor that has kept buyers away. I don't think that mass panic and throat slashing is needed to get them back.
This price readjustment is much needed for the future health of our area in my opinion. I'm sorry the bubble didn't pop quite as loud as you would have expected ;-)
I'm not disagreeing that lowered prices opens your house up to a wider buyer base. Of course a lower price will always help sell a home, but it's not a cure-all. Only time will take care of the large inventory that is currently available.
 

SHELLY

SoWal Insider
Jun 13, 2005
5,763
803
The kicker is...at the end of the month units in the same building sold for $40K more and another sold for $50K more. We were not upset we got to do what we wanted when we needed to do it. I'm sure the new owners of the unit are very pleased! That unit was listed for less than 10 months and we had already turned down three other offers on it.

If you bought your unit several years ago and realized profitable rental and appreciation ...and the other folks who sold for $40-50K more purchased in the last 2-3 years, I'd say you trumped them anyway.


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JoshMclean

Beach Fanatic
Jan 15, 2007
995
128
Santa Rosa Beach
Here's a reply:


Dear Condo Neighbor,

You had the opportunity to buy that condo for 100K more than the current selling price in order to keep our property values up--but you did not!....it's you who screwed the rest of us by lowering our property values.

PS: You might want to check the elevator cables on your next ride down.


.

I am not sure what this is in regards to. Although, I do disagree with sellers who get mad at other sellers who sell too low. I think it's silly to think that you can dictate the market in that way. :roll:
 

SHELLY

SoWal Insider
Jun 13, 2005
5,763
803
I am not sure what this is in regards to. Although, I do disagree with sellers who get mad at other sellers who sell too low. I think it's silly to think that you can dictate the market in that way. :roll:

It's in regards to post #3 above.

BTW...What's up with all the posting? Aren't you tending to an open house today from 9am - 1pm? Are the snacks worth a look-see?


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Mango

SoWal Insider
Apr 7, 2006
9,699
1,368
New York/ Santa Rosa Beach
Glancing through the thread from bottom up, it appeared you were stuffed Josh from eating the onlookers. :eek: :lol:
 
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