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Seattle PI on seller incentives

By October 16, 2007

5th and Madison, Canal

The Seattle PI has an article today about the lengths sellers are going to, Home sellers trying it all to hook choosy buyers:

Jennifer Nilssen wants to sell her Ballard condominium — fast.

She set her asking price about $20,000 below that of comparable condos in her building. She’s offering to finance 10 percent of the purchase price. She will give the buyer’s agent a 4 percent commission — up from the traditional 3 percent. And she’ll even throw in the furniture.

Interested in Jennifer’s Canal Station flip? Check it out, 5440 Leary Ave NW #215.

And sure enough there is a quote from Leslie Williams:

Leslie Williams, president of Williams Marketing, which works with condo developers, said the prices on her projects have not been cut.

Not true, they have price reduced some units at 5th and Madison.