New 'tricks' in builder's arsenal

New 'tricks' in builder's arsenal
by Kaushik Sirkar, Chandler AZ REALTOR
Chandler Arizona Real Estate

Builders do lots of things to entice prospective buyers.  Free this.  Discounted that.  You name it, its probably been tried.  But in a sluggish resale market, one thing the builders haven't been able to deal with is the inability of the move-up buyer to sell their former home.  Until now??

This article in the Arizona Republic discusses a 'new' approach some valley builders are now taking to address this problem.  You buy our home, we'll buy yours.  Or we'll list yours.  Or we'll promise to sell your home at a below market value.  Or...I guess it depends on the builder.

I've seen Realtors offer similar programs before.  Thoughts on such programs?  Does the move up buyer inherently lose money on the home they are trying to sell when going through one of these programs??

Thanks for Reading :)

Kaushik Sirkar, Chandler AZ REALTOR
http://www.homesphx.com