Politicians are known for making promises which they often can’t keep. The first President Bush is remembered for saying, “Read my lips, NO NEW TAXES!” New taxes came shortly thereafter. The Soviets once arrested an American named Daniloff and wanted to trade him for a spy who was imprisoned in the USA. President Reagan proclaimed that he would never make that trade. The trade was consummated in short order.
Analogous things sometimes happen in Rockaway. When I am called about a new listing, I prepare a comparative market analysis. I give my honest opinion as to the property value – I don’t want to waste everybody’s time and money by misleading people just to get the listing. Last year, I was recommended to an estate by a court for the sale of a property. When a competing broker evaluated the property at $400,000 above my estimate, I didn’t get the listing. It’s STILL on the market. The property will probably sell around or even lower than the price which I suggested. I always try to get the best price for my clients – but too much optimism can best be described by the term “BAIT AND SWITCH.” Don’t be fooled. Call me. Love, Robin.
Note: The federal July 4 holiday is observed on Friday, July 3, when federal offices will be closed. The stock exchange, the bond market, most banks, and most courts will be closed. The Post Office will not deliver regular mail. Have a great, long holiday weekend!
