Beacon Announcement
A week ago, and based on a tip (thank you!), we alerted you to a “Sales Office Shakeup” and soon to be 3% broker commissions over at the Beacon. Guess you could say it’s been confirmed (thanks to another tipster yesterday). And if you’ve been “plugged in” to SocketSite, you were actually the first to know
A Sales Office Shakeup At The Beacon? [SocketSite]

Comments from Plugged-In Readers

  1. Posted by Anonymous

    everything except lowering prices eh.

  2. Posted by it's all in the wording

    Ah but Eddy is ’empowered’ to negotiate a customized package. I will interpret that for you. No reasonable offer will be refused.

  3. Posted by Anonymous

    yes but it says package of “incentives”, which sounds more to me like applicance upgrades, free HOA for 2 months, instead of price reduction.

  4. Posted by Anonymous

    10% unsold x 595 units x average unit price of $700K = $45,000,000 of dead money in a falling market…at least $300K / month in carrying costs.

  5. Posted by Anonymous

    They are definately negoitating price over there. The sales team said that my client could have any combination of:
    1) Price reduction
    2) Upgrades
    3) Rate Buydowns
    4) HOA dues
    PLUS 3% for me!
    It’s a bottom line thing for them, so if they are willing to take off $x, they don’t care how you apply the credits. Plus it works out better for my client because he can keep the price the same and take a boatload of credits & finance it at the higher price.
    Its VERY different from just a few weeks ago.

  6. Posted by Anonymous

    What does the sales team have to say about the litigation?

Comments are closed.

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