Catfishing in Property and What’s the Deal with ITZA
Description
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First things first, I need to get a public announcement out there to ask… please, commercial agents, stop with the Catfishing! I just can’t…
What do I mean?! Pricing property deals way too low so that you get eyeballs or bids and then being shocked when I call up and give you an offer at the market price and you saying ‘No that’s way too low!’.
Errm yass… so why bother listing at that price… grrrr!
The problem being that I have to look into it because I couldn’t possibly tell my clients I overlooked it, in case it’s actually correct and I’ve found myself a unicorn.
**Rant over**
Second point I want to cover today is ITZA’s. I’m noticing a lot of commercial property investors ignoring this because they just don’t understand.
NOTE: You cannot ignore this if you want to be successful here!! This is about valuing retail rents! I'll explain in the podcast...
United States
