Related Posts
Hi fishes! The hiring manager has asked me for salary expectations of B6 Data Analyst and my experience is 3.5 yrs with a CTC of 6.65. Considering I have to move to Bangalore l'm thinking of asking 13 or 14.. is it a big ask? If so, what do you think is a good ask? Please help. Thanks in advance :)
Natwest group
More Posts
Join us for our first virtual panel on Tonight, Wednesday May 20th at 5 PM EST, Navigating the Ad Industry When the Economy Sucks. Tom Christmann & Paul Fix, award-winning ad creatives and co-deans at Adhouse, will be joining us and taking questions.
https://zoom.us/j/94553752267
More info and calendar links in comments.
Additional Posts in Real Estate Professionals
New to Fishbowl?
unlock all discussions on Fishbowl.







Yes. No additional info or detail needed to answer this.
I thought you were being sarcastic.
Very hard to answer with literally no context. It’s all relative. Increasing a $20 million offer by $300k isn’t unheard of. Paying $300k over market for a $3 million site is a bigger stretch. There are also a lot of factors that impact what “market” is and it tends to be somewhat subjective.
I’ll dm you
It depends, right? What is “market value” anyway. If the developer has a project in mind and wants the land (likely going to tear down what’s on it) the developer may be willing to pay over what the value is of that property in its current use. Think about it: there is a falling down shack on a piece of land and someone wants to build a hotel. Why wouldn’t he pay well over what that shack is worth as a shack?
They could reasonably do so if they are bullish on the area, or in some cases the current property is not the highest and best use for the land so it could sell for a premium due to demand for a higher use.
I don’t know the project, but he is being cheap.
Has anybody seen this done?
He's trying to get the best price for the property, and so are you. If you think it's worth more, then counter. If he walks, he walks. If he really wants it, he'll counter back. If financing is involved, there will be an appraisal, possibly two. Or you could pay for one and show the developer the result if you choose. Or pull your own market data. What it was worth 2 years ago doesn't matter, what is the value today, in this market, is all that matters. He's bringing that up to try to get the price down, same thing you would do if on that side.