“If days on market are long you’ll know if you can get a discount because the days on market are long.”

this is property · 841 upsizing in a down market: the maths, the psychology & should you sell first? (part 1)

Play from 17:09
17:09

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What was described

Check days-on-market for acreage properties to gauge discount potential

Said nearby on the same subject

“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 ·
How they work average days on market 60 days → filter 90 days+ Share this moment
“Take into account the cost of running acreage - mower, repairs, fencing - before you make the move.”
♫
Said on this is property
How they work Share this moment
“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”
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Richard Branson
Great Business Stories ·
Pricing 10-15% discount, thousands of pounds a week revenue Share this moment
“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”
TH
Todd Hunter
Australian Property Investor ·
How they work Share this moment

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