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Kevin J. May, Serving the Treasure & Paradise Coasts of Florida (Florida Supreme Realty)

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Rainmaker
1,056,422
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

Excuse me but
WHISKEY TANGO EVERLOVIN' FOXTROT?????

May 03, 2018 12:25 PM
Ambassador
2,071,486
Alan May
Jameson Sotheby's International Realty - Evanston, IL
Home is where the hearth is.

Dropping it $10 each week, so they repopulate to the top of the MLS on the hotsheet.

ineffective.

May 03, 2018 12:32 PM
Rainmaker
913,468
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

no. There's an idiot born every minute. Or was it a sucker?

May 03, 2018 12:59 PM
Rainmaker
5,772,587
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Kevin,

What marketing buffoon came up with this, and no, I do not want to know their name!

May 03, 2018 12:57 PM
Rainmaker
4,582,334
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hmm. Interesting "strategy" .  I am doubtful that many(if any) sellers will follow.

May 03, 2018 12:28 PM
Rainmaker
940,887
Bruce Walter
Keller Williams Realty Lafayette/West Lafayette, Indiana - West Lafayette, IN

They are slowly chasing the market and it becomes "damaged goods" in the eyes of many buyers with such lengthly market time.

May 03, 2018 12:42 PM
Rainmaker
7,864,046
Roy Kelley
Retired - Gaithersburg, MD

Too slow for me.

May 03, 2018 12:21 PM
Ambassador
2,684,569
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

May 03, 2018 02:42 PM
Rainmaker
564,494
Maria Sapio
Keller Williams of Central PA - Carlisle, PA
Real Estate Agent- Carlisle, PA. Mariasapio.com

What - ???   Why - ???  If this is a 'strategy' I cannot figure it out....

May 03, 2018 12:30 PM
Ambassador
3,349,444
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

What Candice A. Donofrio said. 

May 03, 2018 02:25 PM
Rainmaker
2,400,367
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

Kevin J. May many of us, my self included, check the MLS daily for new listings and price drops. This would be one way to make it show up and be in front of me every $10. drop BUT it would also piss me off.

May 03, 2018 01:39 PM
Rainmaker
4,901,858
Richard Weeks
Dallas, TX
REALTOR®, Broker

In my opinion an overpriced listing is a liability not an asset.  I guess the listing agent must try every trick in the book.

May 03, 2018 12:46 PM
Rainmaker
5,583,328
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

test it out, and let us know in a year how you did!!

May 03, 2018 12:32 PM
Ambassador
6,418,182
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Sure to take much longer than a year, to most it will be invisible before long as they get used to ignoring it.

May 03, 2018 09:27 PM
Ambassador
5,254,055
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

What on earth? Effective? I think not, Kevin!

May 03, 2018 05:12 PM
Rainmaker
1,506,063
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

I've seen similar ones out here, but at $1000 every week or so.  Just pure retardation if you ask me (which you did).

May 03, 2018 02:36 PM
Rainmaker
5,112,886
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

I think they've shot themselves in the foot at this point! People might wait ad infinitum to watch them drop that price week after week.

May 03, 2018 01:59 PM
Rainer
4,490
Brandon Grass
eXp Realty - Kelowna, BC
Brandon Grass Team | eXp Realty

Nothing says I’m desperate for a listing like....

May 03, 2018 06:00 PM
Rainmaker
4,176,816
John Pusa
Glendale, CA

Kevin J. May it is an unusual listing strategy.

May 03, 2018 02:42 PM
Rainmaker
1,712,776
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

My guess is no and make that a big no. I saw this years ago and i thought this stupidity was long gone.

May 03, 2018 02:37 PM
Rainmaker
2,784,716
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Who wants work on top of work?

May 03, 2018 01:37 PM
Rainmaker
290,969
Allie Angeloni
Long Realty - Oro Valley, AZ

For me, it would not be effective - love playing games, but this is not one of them - buying a home at this price point would not motivate me to play Kevin J. May.  Totally agree that coming back in a year+ (I'll just calendar it ahead into next year!), if I've found no other house, might be a consideration. 

May 04, 2018 11:03 AM
Rainmaker
809,258
Kasey & John Boles
Jon Gosche Real Estate, LLC - BoiseMeridianRealEstate.com - Boise, ID
Boise & Meridian, ID Ada/Canyon/Gem/Boise Counties

What Bob "RealMan" Timm said. -K

May 04, 2018 06:18 AM
Rainmaker
5,239,972
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Seriously? Ever heard the saying "it would be like smelling a fart in a wind storm"?

May 04, 2018 05:57 AM
Rainmaker
3,071,489
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Michael Jacobs nailed this one!

May 04, 2018 05:57 AM
Rainmaker
4,800,132
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I don't like a $10 drop, but I do believe that weekly or every other week price changes work for getting emails on saved searches out to all that have them set up.  Typically, in most areas, this will be over a thousand notifications out every time there's a change.

May 04, 2018 05:36 AM
Rainer
44,891
Dan Capra
LAER Realty Partners - Lowell, MA
Listing/Buyer Agent

buyers in that price range arent that stupid.....

May 04, 2018 05:31 AM
Rainmaker
4,434,177
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

It may take longer than a year

May 04, 2018 05:24 AM
Rainmaker
1,847,031
Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

$10? Not even worth discussing. $1000 a week at that price range is still not putting a dent in it.

May 04, 2018 05:17 AM
Rainmaker
3,416,038
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

That is a horrible marketing plan to say the least

May 04, 2018 05:12 AM
Rainer
92,082
Jon K. Judd
Keller Williams Realty - Central Delaware - Dover, DE
GRI, e-PRO, SFR, Delaware Homes

It's not new.... have heard about something similar before, though don't remember who was teaching it....  

Had something to do with keeping you on the MLS hotsheet...

Personally, I just don't see it... :(

May 04, 2018 02:22 AM
Rainmaker
4,319,773
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Kevin J. May - sounds good - but effective - time will tell.

May 03, 2018 11:51 PM
Rainmaker
3,988,013
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

Who wants to wait that long especially in this market. The seller will lose money because buyers will tune it out.

May 03, 2018 08:11 PM
Rainmaker
1,525,616
Sybil Campbell
Fernandina Beach, FL
Referral Agent Amelia Island Florida

In a word, "NO"!

May 03, 2018 07:46 PM
Rainmaker
715,802
Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

I know of agents who do this - get the home back on the MLS hotsheet.  Much better approach is to price it at market value and let buyers then recognize it is not overpriced.

May 03, 2018 04:29 PM
Rainmaker
5,877,355
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

If the seller truly wants to sell, it needs to be much more than that! 

May 06, 2018 06:28 AM
Rainmaker
3,986,308
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

I had a client want to do this.  Made a bet withhim it would not work and he lost easil

May 04, 2018 08:50 PM
Rainmaker
1,323,199
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

LOL!

May 04, 2018 11:45 AM
Rainmaker
1,153,794
Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida

Two more $10 price reductions since posing this question. You have to be a great salesperson to keep selling this strategy to the owner.

Jun 01, 2018 10:39 AM
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