It May Be a Buyer’s Market, But Bidding Wars are Back
In the last two months three of my clients have been in bidding wars which is fascinating, since we are technically in a buyer’s market.
Today, one of my sellers received four offers over ask on a $1,500,000 loft in Chelsea (click on the photo to see the full listing).
Two of my buyers were also in a bidding war recently, with one winning the negotiations.
It seems there is high demand for Manhattan properties when you get the price right.
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Patrick Lilly holds a coveted position in the world of New York real estate as not only a top-tier producer in the city, but a sought-after expert in his field who’s been spotlighted in books, the media and seminars. A mainstay in the industry for over 25 years, Patrick has excelled to great heights in his field thanks to his exceptional knowledge of the market, proven flair for successful deals, and strong relationships with clients and peers alike.