Ron Ares December 21st, 2007
Apparently, one builder in West Linn thinks so.
National builder D.R. Horton is pulling out the stops for a one-day sell-a-thon to bolster their year-end numbers at the Parker Crest development in West Linn.
Here’s an excerpt from their note to buyers’ brokers:
If you are still in the market for a new home, this is the best time to purchase at Parker Crest in West Linn!
As D.R. Horton comes to the end of their first fiscal quarter, the Portland Division is holding a one day “Bring Your Best Offer” event on Saturday, December 29th, 2007. With a focus on both reducing finished inventory & starting new homes, they will be looking at all reasonable offers and are making the process incredibly easy.
On this day only, buyers simply make an appointment and submit a one page offer. While you wait at the Sales Office, the offer will be considered and within minutes either accepted, rejected or countered. You will be able to complete the negotiation process immediately. Once the offer is mutually accepted, we will set an appointment to sit down and complete a full contract! NO earnest money will be due until that time.
What type of offer will be considered? Every D.R. Horton community will feel the effects differently. Communities with finished or started homes will expect offers negotiating price (ex. Parker Lot 2: San Mateo), while those newer communities with homes yet to be built (like Parker Crest) will expect offers negotiating structural options & finish upgrades at no cost.
That being said, during this time I would not hesitate to submit ANY “reasonable offer.”
During this one-day event, the Portland Division is allowing increased flexibility when entertaining offers…more so than anytime in the past!
I am a little ambivalent about this effort, based on the recent auction in the Portland area. While other West Linn builders like Arbor, Legend, and Renaissance have offered incentives, they’ve been more protective of their pricing publicly.
Nevertheless, if you are considering a new home in the West Linn area, you apparently have unparalleled negotiation power in this development and you should take advantage of a slow market to at least check it out.
If you would like additional information, please give us a shout, and we’ll be happy to take you up to the design center, discuss your options, and walk you through the paperwork to negotiate a smooth transaction on your behalf.
[tags] West Linn, real estate, D.R. Horton, housing, development, incentives, negotiation [/tags]