This post is a short follow-up post to the one I wrote on February 5th about the marketing email I received stating the price would be reduced by $150,000 every two weeks until the property was sold. True to his word, Mr. Pollard has reduced the offering price of the property by $300,000 (per email received today) from $2,845,000 to $2,545,000. I’m sure the bidders are starting to salivate!
1 comment
Denver Plumber says:
March 4, 2010 at 9:59 pm (UTC -8)
Still seems absurd… a reverse auction? Wouldn't he save a lot of time by going low and heading up? Seems like most people will try to wait it out… considering every two weeks they'll be saving tons of money.