In an effort to cut through the gloom in the luxury real estate market, a Florida realtor has been running an ad in the Palm Beach Daily News.
â€œFREE $1,000,000 with this coupon,â€ the ad reads. â€œOffer expires May 31, 2009.â€
Rusty Gulden is trying to sell a 2,000-square-foot unit at the Sun & Surf condo at 100 Sunrise Blvd. in Palm Beach. The asking price was $3.7 million, but itâ€™s a mere $2.7 million with the coupon.
Since the ad started running earlier this month, she says, â€œIâ€™ve been busier than a one-armed paper hanger showing it.â€
Seller John K. Kearney paid $1.65 million for the unit in 2004, according to property records.
I think this is the largest coupon amount Iâ€™ve ever seen! So cut out three coupons and get it for free. There is nothing on the coupon that says â€œOne coupon per customerâ€ ! Source: PalmBeachblog