Low Balling the Reno Housing Market
Sunday, August 20, 2006
I was talking to a friend (former Real Estate Agent) the other day about the market conditions here in Reno. His advice to me was, "Pick 10 properties that you like and make offers that are 20% less than the asking." At first I laughed and thought that this would be a bit ridiculous, especially considering that most of the homes on the market have already dropped their asking price. I thought about it a little bit more and decided that I will do just that, except not now. I will wait until this winter when prices will inevitably be even lower.
posted by author @ 6:35 PM,
