We lost another escrow yesterday.
The first-time home buyer saw the article above and cancelled immediately.
https://www.newsweek.com/parkinsons-disease-linked-golf-courses-new-study-2070602
This is what our society has become – just believers of headlines. I read the whole article, and it only took one minute to find how the study was conducted.
It’s based on groundwater samples taken in Wisconsin and Minnesota!
NONE of our drinking water around here comes from groundwater wells!
The reporting gets worse.
The Newsweek article states that “California had the highest number deaths with 4,289”, with no mention of the difference in population.
We can’t get caught up in the hysteria.
I told the seller that buyers are going to think we are damaged goods after two cancelled escrows, and even though all three offers received were higher, they don’t mean anything today. Let’s lower the price again to keep the urgency up:
At our previous list of $1,150,000, any new offers would probably start at $1,100,000.
We’re going to burn the $25,000 one way or another, so let’s lower the price to $1,125,000 and get our money’s worth. Buyers will probably still start at $1,100,000.
Then we scheduled open houses for Friday, Saturday, and Sunday too, which should provide some FOMO.
As the listing agent, I’m going to recommend bold and decisive actions be taken by sellers to differentiate us from the rest of the pack.
This is the new market. It’s way different than during the covid frenzy when buyers always stuck because they were just glad to win the bidding war and get their 3% mortgage. Today, buyers are skittish and look for ANY reason to stay on the fence.
Your agent needs to know what to do! Get Good Help!
Link to listing of 2302 Birdie
Greetings from overlooking the 7th tee for 30 years.
Perhaps people living near golf courses live long enough to develop Parkinson’s and are rich enough to get a proper diagnosis?
As you note these things aren’t even correlation never mind causation.