Two real estate pros negotiate a Palisades beachfront property where buyers are ready to offer up to $110 million. Speaker B refuses to run an auction, demanding a "big green flag" that the seller will accept a higher price without turning it into a bidding war.
Are you in the deal room?
Send your big green flag so you can wave it in front of that person's face to go ahead and go before me, because I'm not interested in being told this is an auction. We're doing real estate. And so if this is an auction and you want to bid this thing up to $110 million, by all means, here's your green flag. Please take it and wave it in front of their faces. I'm not interested. We don't have to go.
A lot of the people who are putting in offers, they are willing to put in such a high offer because they want to build luxury, because it's right on the beach, right in the— on the Palisade, it's right on the PCH. So they want to build—
I totally understand.
