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Manhattan Loft Guy

Tagged "First Bid"

Manhattan Loft Guy

Blog by Sandy Mattingly

New York, New York

on matters of interest to Manhattan coop or condo loft apartment dwellers, buyers, sellers, and others, especially about New York City real estate

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Manhattan Loft Guy

644 Broadway loved that first bidder: sells within 15 weeks, contract in 6, 1 price, 14% discount

May. 29, 2009

Categorized in: Psychology of the market

Tagged with: broadway, bromide, chasing the market, first bid, hudson, negotiation

Agents often tell sellers "your first buyer may be your best" -- I certainly have told Manhattan loft sellers that. It is one of those pieces of accepted wisdom (at least among agents) that seems to me both valid and impossible to prove. (We are never lik

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