Friday, January 25, 2008
New high school for Belleville?
The Belleville Board of Education looks close to asking Belleville voters to approve a new high school.
As the current school approaches its 90th birthday the plan would be to demolish most of the old school and replace it with a new school in the same location.
Proposals like this always come with a tax increase for local home owners. But normally the improvement in the desirability of the school system more than makes up for the increase in costs.
As the current school approaches its 90th birthday the plan would be to demolish most of the old school and replace it with a new school in the same location.
Proposals like this always come with a tax increase for local home owners. But normally the improvement in the desirability of the school system more than makes up for the increase in costs.
Labels: belleville michigan new high school real estate values
Sunday, January 6, 2008
Reverse offers in Belleville?
In our negotiations for buyers in the Belleville Michigan market we've just started to see listing agents talk about "reverse offers".
This is only done by a few listing agents at this time, but we've now seen it enough to think it might become more popular.
A reverse-offer works like this:
When a buyer views a home if they show any interest, the listing agent sends the buyer's agent an actual purchase contract offering the home at a slightly reduced price to the buyer. This sometimes gets the buyer interested in a home they wouldn't have thought as seriously about.
Does it work? We hear it does sometimes, but with the way we coach our buyers it doesn't really impact our buyers much at all. But, for a buyer who is not given much guidance from their agent it might actually inspire some buyers to buy who wouldn't have otherwise.
This is only done by a few listing agents at this time, but we've now seen it enough to think it might become more popular.
A reverse-offer works like this:
When a buyer views a home if they show any interest, the listing agent sends the buyer's agent an actual purchase contract offering the home at a slightly reduced price to the buyer. This sometimes gets the buyer interested in a home they wouldn't have thought as seriously about.
Does it work? We hear it does sometimes, but with the way we coach our buyers it doesn't really impact our buyers much at all. But, for a buyer who is not given much guidance from their agent it might actually inspire some buyers to buy who wouldn't have otherwise.
Labels: belleville buyer sales tactic
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