I was just looking through the Century 21 website dreaming of winning the lottery and getting hold of some moster villa when I noticed that a couple of the top-end places have had price cuts of US$200,000 - One had an original asking price of a whopping $1.3 million, ok fair enough, but the other dropped 200K from only $879,000. What sort of price cut this that for heavens sake? How did they arrive at the asking price in the first place? This is from a company which several respected members of DR1 have praised highly in the past for their reliability and all sorts of fine attributes.
200K price cut? I think it's a bit steep, even if the places have been for sale for donkey's years.
It begs the question, how on earth can you expect to know what a property's value really is in the DR ?
Go on then, 'it's worth what someone's willing to pay for it'
True but why are the vendors seemingly happy to see these properties sitting idle for years?
I suppose if you've got enough dough, time doesn't have such an important role in the scheme of things. What do you think?
200K price cut? I think it's a bit steep, even if the places have been for sale for donkey's years.
It begs the question, how on earth can you expect to know what a property's value really is in the DR ?
Go on then, 'it's worth what someone's willing to pay for it'
True but why are the vendors seemingly happy to see these properties sitting idle for years?
I suppose if you've got enough dough, time doesn't have such an important role in the scheme of things. What do you think?