Comment on Brokerage offers cash, free parking spots to spark sales in cooling condo market

Brokerage offers cash, free parking spots to spark sales in cooling condo market

Susan Chong is coming out of her own pocket to help get condo deals over the finish line. The broker, who runs Iconique Real Estate, is offering $5,000 to buyers who purchase one of eight condos she’s listing in The Coloradan in Union Station. The buyers can use the $5,000, which Chong pays from the sale commission, as they wish, although she markets it as a free vacation anywhere in the world. “In this segment, a lot are buying in cash, so an interest rate buydown or covering closing costs lands on deaf ears.

 

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