Todd's Real Estate Blog

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Buy One Home - Get One FREE !

I just had to post this article I read. Can you believe this? I've given a new car away with a house, but never anything close to this. Read on.

In a sign of how difficult it is to sell new homes in Southern California right now, a San Diego developer is offering a "buy one, get one free" deal, pairing million-dollar homes with less expensive homes.

"We thought, 'Why does it just have to be on Pop Tarts and restaurants? Why not buy one home, get one free,'" Dawn Berry of Michael Crews Development told 10 News in San Diego.

More: "Michael Crews Development is offering new, 2000-square foot cityscape row-homes worth $400,000 in Escondido for free -- if you buy one Royal View Estate home in San Pasqual Valley starting at $1.6 million.  'You know it's a straight-up legit deal; no prices have been increased, there are no hidden costs. Michael is just giving away a free home for people that buy at Royal View,' said Berry."

"Adam Rossman of Michael Crews Development added, 'People have been coming in saying, 'How can you do this?' Well, it's our way of dealing with current market conditions to move some inventory.' "

Bogof_flyer1

 

5 commentsTodd Armstrong • June 04 2008 05:20AM

Comments

That's a riot, buy one get one free amazing.  Who would ever have thought we could get to that point.  Thanks for sharing the ad seeing is believing.

Posted by Miriam Bernstein,Westchester County Real Estate (RE/MAX Prime Properties) about 1 year ago

What a great idea! This is a great way to solve the homeless problem as you could now donate the other home to charity. BOGO is the way to go!

Posted by Dennis Swartz (Buyers & Sellers Realty GMAC) about 1 year ago

I once ran a promotion like this and the State made me discontinue it saying Free cant be advertised unless its available to everyone.

Posted by Laura Jefferson (Acquire Real Estate) about 1 year ago

I saw this on the news the other night. It sounds crazy- at first- but I guess it makes sense. Thanks for sharing.

Posted by Rob Muller - ABR, ASP, RCC, CNHS, LREA Cherokee County Real Estate (ReMax Town & Country) about 1 year ago

wow! that sounds like a deal. If you can afford the 1.6 Million dollar home. Instant rental property.

Posted by Shaun Wren (AGENTFORLIFE) about 1 year ago

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