Most luxury sellers do not want to hear the words price reduction. Phoenix luxury Realtor Katrina Barrett is taking a different approach. Barrett has launched what she describes as a bidding war strategy involving two luxury homes in the Phoenix Valley, dropping both properties to $7.5 million in an attempt to generate urgency and competing offers. One is getting attention. The other, according to the Phoenix Business Journal, has been met largely with silence. That makes this more than another…
MarketPhoenix
She Cut Two Luxury Homes to $7.5 Million on Purpose. Now Arizona Is Watching What Happens.
Phoenix luxury Realtor Katrina Barrett cut two homes to $7.5 million to test whether sharp pricing can spark competing offers.
