Comments on: “Almost Corrected” – More on the Bryant Luxury Condominium Auction: A Success Case

By: Tony Longo

Tony Longo — Mon, 26 Oct 2009 16:03:36 +0000

CondoNewbie – I think you may be on to something Keep it simple right?

By: condonewbie

condonewbie — Sun, 25 Oct 2009 05:58:51 +0000

In all honesty, I always see the developers put a spin on auction outcomes. Look…yes they sold 14 units at an average of $670ish/square foot. That is definitely lower than traditional luxury “back bay” prices and in the range of decent south end prices, although less when you look at some other luxury buildings that sold out over a year ago. At the end of the day, the buyers got a seemingly fair price…so note to developers: lower your outrageous prices to start with and yes you’ll get buyers. That’s all it says about the luxury market as far as I’m concerned.

By: Sam

Sam — Sat, 24 Oct 2009 17:10:28 +0000

So a developer with an over priced product finally comes to grips with the reality of the market and sells units for what people are actually willing to pay for them. What a concept! Not rocket science by any stretch. Don’t believe the auction hype.

By: Unlimited Wireless Service is a right not a luxury | Real Tech Reports

Unlimited Wireless Service is a right not a luxury | Real Tech Reports — Sat, 24 Oct 2009 06:38:57 +0000

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