After the post at theFrontSteps (Internet Marketing for Real Estate 101) today, the timing of the newly listed loft at 701 Minna St. could not have been better. 701 Minna Street is a loft building that was completed in 1999. It resides on the small, alley-like street of Minna inbetween 7th St/8th St and Mission St/Howard St.
The current listing of unit #19 came on the market today for $1.195 million, which is the most expensive home ever to be listed in this building in a market that is “softer” than sF has been used to since 1999. This loft has 2 bedrooms, 2.5 bathrooms and is 1781 square feet ($670.97/sq ft). This listing went in the MLS today with NO photo’s! Oh, Mr. Real Estate Agent, what does this home look like? Why is it priced so high? Is there something hidden special inside?
A comment from Internet Marketing for Real Estate 101 notes:
- “As a recent purchaser I can attest to this. If the “photos not available” message is displayed in the email notification I erased the email without bothering to glance at the listing. It always amazed me when sellers did this. I assume they believed they were in a sellers market and would receive multiple offers regardless of how poor the marketing was.”
Does this location, price and lack of photo’s temp you to go see this “spacious, bright” unit?
701 Minna Street #19 [mls]
Internet Marketing for Real Estate 101 [theFrontSteps]
2 comments
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November 14, 2007 at 11:20 pm
J-Dawg
On Zephyr-re they have photos (search by MLS #), and it’s already been reduced by $100k…can’t blame them for trying, I guess. A good friend of mine is the one who sold #19 to the current owners, he says that except for adding the skylight auto-openers, they’ve done nothing to improve the unit since he sold it a couple of years ago.
November 14, 2007 at 11:39 pm
otto
I sold this unit in 4/06 for $890k. I should have painted it and added motorized skylights, then bumped the price up $200k, like this guy. The market must be rocking in SOMA. Though I see after not even 2 weeks the price has been lowered a $100k