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Its 25% Off and Now What??

While California burns and the Mid/Central States flood, we here in Fla are having a blast.

Home prices are down an average of 25% according to the figures released this week.

So, with such an obvious sale, I thought I might clear my calendar for the rush of calls that would shirley be coming in after such a momentuos announcement. I prepared extra copies of my PDF packages and sorted them in piles around my desk.

Warehouses in this stack. Finished building lots in this one. Large entitled land tracts in this pile over here. Clowns to the left of me, jokers to the right, here I am stuck in the middle with you.

Well, with extra coffee made in advance to keep me focused after the onslaught I knew was coming, I sat in weight while contemplating the incredible deals I had assembled.

As the hours passed, I became increasingly more proficient at commenting on Active Rain rants in 12 words or less. Growing bored, and realizing the futility in trying to amass a fortune in points in this fashion, I began to make a list of the things that if on sale for 25-40% off, would create a line at the gates.

  1. Imagine Ford Explorers at 25% off...I might even want one then.
  2. I've seen empty shelves when Levis go on sale 25% off
  3. Hamburger at over 25% off will entice me to double wrap and freeze a bunch
  4. Remember getting hair cuts at Pennys just to not miss the sale coupon of 30%
  5. Hamsters at 25% off would....well ....you got me there...might have to pass on that one

But Real Estate, brand new homes, entitled land for sale for less than the cost of the development fees, and we get nothing but a big yawn. I know, we only seem to want something when its spirralling upward out of control...Never did get that.

But, if anyone here has clients that are interested in buying properties in Fl, please be assured there are still plenty to choose from. We have JV deals, Owner financing, and even deals that cash flow.. We have bank portfolios that have buy one get one free..

In the meantime, I think I will go down south and visit Scott Daniels at List For Less...He offered to buy lunch.

Posted Thursday Jun 26