Real Estate selling Reinvented

March 23, 2009
Matt Isleib

 

The financial crisis has forced professionals in the housing market to try and reinvent themselves during the hard times. Whether they are Real Estate agents, contractors or builders or mortgage professionals they all are finding and looking for ways to reinvent themselves.

 

Long gone are the days of walking into your bank branch and getting that “free” toaster for opening up a new checking or savings account. We have moved to bigger and better promotions in this economy and it is not just the high end market that is looking to entice buyers, it is at both price spectrums.

 

In Milford, CT you will find a brand new condo conversion located by the Long Island Sound Coastline. In their ad below Ocean Point condominiums is offering a free plasma TV when buying a newly built condo. The starting price-range of these condos is $199,900.

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In Paradise Valley, AZ a wealthy suburb of Phoenix one local builder of high end homes is throwing in a 2009 Bentley Continental GT valued at more than $200,000. The luxury homes in the Paradise Valley are at the “high end” of the spectrum and priced between $3 million and up.

 

Similar “buy a house and get a car” incentives seem to be the trend across the US. A woman in Easton, MD was throwing in an option of a new Toyota Prius with the purchase of a home she bought, renovated and is now trying to sell for a current list price of $595,000. And in Titusville, FL a developer is throwing in a 2008 Ford Focus along with the purchase of one of the two-bedroom, two-bath villa’s that are selling at $99,900. So as the housing woes continue it will be interesting to see in what new and creative ways people will come up with to reinvent and draw attention to their homes.

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