Thursday, 19 May 2011

Expensive Homes and Tossing Millions Around

New season of Million Dollar Listings seems to be on now and last night I watched a show. What amazes me most about this show is that some time they are tossing millions of dollars around as if they are nothing to buy some of these expensive homes.

I saw a home deal for what must have been an apartment condo start at a listing price of near $20 million dollars with an opening offer of $15 million. These real estate agents negotiated down to $18 million, $17 million and up from $15 to $15.8 to finally end up at $16.5 million. Watching them it was as if these millions of dollars where mere single dollars.

It would be nice to have that type of money and invest in real estate wouldn't it.

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