Help U What?
The McDiscounts are at it again. A big obnoxious postcard arrived the other day crying out Seller Saved $$$$$$. Well like I said in the post previous to this one - you can make a case for anything. In this case the - we saved $$$$ - figure is based on the difference in commision at time of sale.
It certainly doesn't take into consideration the costs of having this empty house sit on the market for seven months and the money the seller had to pay for taxes, insurance, utilities, mortgage, and etc. It didn't figure the cost in terms of the sellers time to sit the open houses as McDiscount doesn't do that.
I watched this property follow the market down, lowering the price, $10K here and $10K there for a total of about $50K off of the original $600K price. In my opinion, this house could have been sold 7 months ago in September if it had been priced right to begin with. The seller could have paid a full 6% commission and still had more money in his pocket than he saved with McDiscount.
Related Post - Top Dollar - Bottom Dollar








March 28th, 2007 at 7:14 pm
I read about the “McDiscounts” and just about fell out of my chair laughing- I’m hoping to perpetuate this term (attributing you of course) as frequently as I can (see my comment on www.sandiegohomeblog.com’s pricing article). How necessary, how accurate (great breakdown of possible losses), how funny and monstly, HOW APPROPRIATE- great job!!!