Thursday, November 09, 2006
discounting the discounters
I came across this in my travels of yesterday.
Lloyd advertising "guranteed" offer on your house. Makes me wonder.
Who is Lloyd? What kind of offer might you get? Maybe a pound of weed as a down payment, and the balance in $20 bills? Would Lloyd write up the offer of purchase and sale (might be an idea to have a Grade 6 teacher look over the offer before taking it to your lawyer)? How would Lloyd "gurantee" the offer?
Full service realtors are not too fond of the 1% realtors and other discount services, how do the One Percenters feel about these types of "agents"?
As this market follows it's natural course (down), will anyone be calling Lloyd?
Looks good though, doesn't it? Lloyd has pretty low overhead - $2.91 for a permanent marker, a couple of bucks for the placard, and $30/month for the untraceable cell phone.
Hey, yesterday's post elicited some interest. There was the suggestion of an offer for $100 - $150, and bc_cele quickly brought that up to $70k (though neither of those were "guranteed").
Maybe I'll give Lloyd a call.