Sellers and Pricing

Another great article from The Apple Peeled

The pricing quandary:What’s a seller to do?

by MCINTOSH on NOVEMBER 4, 2011

There’s a bit of a dilemma that sellers face when pricing their properties.


On one hand, they’re told to price to sell and be competitive in the market place.


On another hand, when they do so, buyers balk at paying the asking price, regardless of where it’s set.


Buyers often want the sellers to be more realistic but will rarely adjust their bidding strategies accordingly.


For all you buyers: the asking price should largely be irrelevant to you. Why? Because, as we’ve written before, you should do your due diligence and get a sense of what the apartment is worth and what you’re willing to pay BEFORE you make an offer. Only thus can you gage how well priced the property is and whether the asking price is merited. The asking price is merely a starting point for conveying a seller’s thinking.


The purpose of pricing low is to generate the volume of buyers and subsequent interest that would render the property sold for the highest price in the shortest period of time. Should you therefore find yourself in a bidding war (after all, this is the strategy of savvy sellers who underprice properties), then at least you already know how high a price you would be willing to pay.

Me and Argo Tea

I think I have a new obsession coming on... and it's name is Argo Tea. Much like Starbucks and Jamba Juice before it, Argo Tea takes the same formula ( a quality variety of beverages - in this case wonderful tea concoctions - paired with comfortable seating for those who would like to read, have a quick meetup, or do some work on a laptop)

Today I had a "Red Velvet" which is a mixture of red tea, steamed milk, white chocolate, and raspberry. It was delicious. Since I am not a fan of coffee, and until now, would need to order either a Caramel Macchiato or a Chai Latte at Starbucks for a little kick or a quick break in between showing apartments. Other choices include a Teappuccino (tea, caramel, and milk froth) or how about a little Earl Grey Vanilla Creme? ( earl grey tea, sweet vanilla, and steamed milk - yummy!)

At the moment there seem to be only a handful of Argo's in Manhattan - with the ones I have visited so far being in Chelsea, the Flatiron building, and at University@11th Street. Please Argo Tea, hurry up and pop up some more!!!!

The Dutch

Had a lovely Book Club dinner with the girls last night at one of the "in" restaurants of the moment - The Dutch in Soho. The food was amazing! I had the spice glazed pork chop, swiss chard and apple, along with a side of spaghetti squash with walnuts and sage - It was comfort food with a twist of glam - beyond satisfying. There wasn't a bad or even so-so dish at the table. The pecan duck, tripe, little oyster sandwich, and the ruby bbq shrimp with green chili grits, bacon and fried all were given thumbs up. Everyone was so satisfied and full that no one ordered from the tempting dessert menu. Even S. resisted the Devils food cake with fudge sauce and white russian ice cream! We will be back for sure. I think this just became one of my new favorite places.

Lawyer sues over breakfast bait and switch - NYPOST.com

The Setai is a beautiful condo in the Financial District. Sad to see something be this blown out of proportion.

Lawyer sues over breakfast bait and switch - NYPOST.com

Madonna - Give Me All Your Love - Full New Single 2011

As a long time Madonna fan - and having been to quite a few of her concerts over the years ( including a fabulous night backstage at the Meadowlands during the Blonde Ambition tour!) I have certainly rocked out to her songs on many a treadmill, airplane, and subway ride via walkman's, discman's, and ipod's ( oh my!) .... I am not so sure I am feeling this one ...??? Take a listen.

Madonna - Give Me All Your Love - Full New Single 2011

Gramercy Park - My old home - Jen Aniston's new one!

View Gramercy Park and over 3,000,000 other topics on Qwiki.

PARM - Now Open = Yummy!

As a cheese fanatic ( I prefer cheese over chocolate!) - I can't wait to try this place...

Inside Torrisi Spinoff Parm, Opening Today at 11 AM

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[Krieger]

Parm, the new lunch spot and full fledged restaurant from the team behind uber popular Torrisi Italian Specialties and one of the biggest debuts of the Fall 2011 season, opens to the public today at 11 AM. All lunch operations from Torrisi now live at Parm, which is outfitted with a bar and counter with swivel stools, a small dining room, and actual table service. On offer for lunch now (in either roll, sub, or platter form): roasted turkey, chicken parm, eggplant parm, meatball parm, sausage and peppers, chicken francese, potato and egg, Italian, and a new addition that's already getting raves from the friends and family crowds, a Saratoga Club.