“I want to see every property in my buy box that's been listed for 90 days or more… if average days on market in my market is 60 days”
HW
Henry Washington
BiggerPockets Real Estate Podcast ·
this is property · 841 upsizing in a down market: the maths, the psychology & should you sell first? (part 1)
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Check days-on-market for acreage properties to gauge discount potential
“I want to see every property in my buy box that's been listed for 90 days or more… if average days on market in my market is 60 days”
“Take into account the cost of running acreage - mower, repairs, fencing - before you make the move.”
“Virgin put a full page ad in Melody Maker … offering vinyl records by mail at discounts up between 10 and 15 percent purchasers mailed in cash or checks in advance so Virgin was earning thousands a week”
“I track some of the worst performing areas… then I see the pain threshold… when days on market start to fall I start calling agents”
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