Notional Slurry Logo

Archive for September, 2007

links for 2007-09-17

links for 2007-09-15

links for 2007-09-14

links for 2007-09-12

links for 2007-09-11

links for 2007-09-10

Not clear on how this whole bubble thing works

From an actual, yes I sent it email:

Hi ██████. Just going to ask for some clarification on a couple of things, OK?

Check me on some facts. This is how I have them in my notes, and I want to make sure I get them right:

  1. Buyer listed 29 ac at $██k/acre
  2. I called, and you quoted me $███k/ac for 7 ac, about 50% surcharge, which the seller thought would offset “loss of street access on one side.”
  3. I checked comps for wooded, bare farm, and developed land, sold and selling, and suggest $██k/ac is reasonable, or in other words about a 10% premium above asking price, because seller is indeed losing some street access on one side.
  4. Seller comes back with a suggestion that I pay net $███k/ac, or 10% higher than his first 50% inflated suggestion
  5. …for substantially less land.

I think maybe I missed a decimal somewhere. Or something.

links for 2007-09-08

links for 2007-09-06

links for 2007-09-05

links for 2007-09-04

« Newer entries · Older entries »