A real estate agent mentioned that “not one seller had removed any snow” when he was showing condos after a snow fall. This was a response to another agents’ discussion of properties that were not really ready or optimized for viewing, or maintained safely for viewing – snow shovelling.
This reminded me that I often see clusters of condos for sale. There’ll be realtors signs all up and down the walk, at the curb, in the flower beds and attached to balconies. All at the same address.
I see this repeated at other multiple condo dwellings, either near by or in similar developments. i prompts me to think: ‘Who farted?’
In other words, whats going on here? What’s wrong with that place? Is there some problem endemic to this building? Is there a financial or political fight going on in the management, the condo association.
If there had been a problem or an incident it may be fixed now but the financial fallout could still be occurring. The costs incurred could have ramped up the condo fees so as the make it a problem for many of the original buyers.
There is some transitory nature to new condo /home buyers due to early career, job or relocation changes in their lives, but sometimes a multi-unit condo starts to look like an apartment building going through annual spring migration. So you might wonder.
This is not a good indicator, so clients, potential buyers should ba asking their real estate agents to enquire into this. It could just be coincidence, but you don’t want any suprises, esdpecially big financial bites.
On the other hand if condo owners repeatedly see big clusters of signs arround the building, as association participants , they might look to find ways to minimize the visual blight. Standard size signs in one area (say curb side), no balcony signs, etc. One agent mentioned this today, because some condos and some cites create sign rules and enforce them.
I don’t know if is legally advisable, but could one realtor office repersent sales for all the the condos in given building? The idea being, that only one sign would do for all in the building. I don’t know if that is practical, but I’m sure some would find it an unfair practice.
SO have you seen these clusters of signs and what to you think about that property when you do?
Original blog post on ActiveRain: Link to Blog Post