Thursday, January 17, 2013

Been Hearing This A Lot Lately:

Me: Are you planning any open houses?

Listing Agent: No-we had 10 offers and best offers-
Contract is out- (Well known UWS Agent)

And this in Manhattan Valley....

That said we are getting deals done. But this is the busiest January I have ever worked in! Five offers out in the last 7 days and all went to best and final with multiple bidders. Our model is helping people get deals done, but more than ever we are advising patience. Cheap money, high rents and thin inventory are driving markets.