Thursday, April 18, 2013
The last five purchase offers I've written have had competition. And yes, at the first inkling that there will be multiple offers, my heart rate goes up and the adrenaline starts pulsing through my veins and I get giddy with excitement but then the reality sinks in. Multiple offers suck.
There really isn't a win-win with multiple offers. Someone has to lose. And the nice person in me really doesn't like that. But even worse is that often the winner loses as well. They get caught up in a bidding war and there isn't time for a second visit or to sleep on it. In these types of markets, if you have to sleep on it, you probably won't get to sleep in it. And lord knows, I've had to list and sell way too many houses that people bought because they didn't take the time to sleep on it.
Of course the home seller does win. Generally, if there are multiple offers they get their asking price if not more. And so if you are contemplating moving up or moving down or moving across town, this is a very good time and I hope you will give me a call.
Sunday, April 14, 2013
With Kodak in bankruptcy, the experts expected Rochester to crumble into urban decay. Instead, it has thrived and this week was named one of the ten most unexpected cities of high tech innovation by Techie.com. According to the article, there are 65,650 techies in the Rochester workforce, which rivals San Francisco and San Diego. You can check out the article in its entirety here: http://techie.com/techie-coms-ten-most-unexpected-cities-for-high-tech-innovation/