Two years on the market. Three price cuts. $3M off the ask. Still no sale
Selling the property and managing the market risk while you still own it are two different problems
A house still needs a buyer. A tradable housing market gives you a separate way to go long or short the broader market while the property itself is still waiting to sell
That’s the kind of market Parcl V4 is being built for
Mainnet opens in closed alpha soon.
On market for over two years with three million dollar price cuts.
The most motivated seller in Friday Harbor, Washington.
Original ask: $8,950,000
Current ask: $5,950,000
Total markdown: $3,000,000 (-34%)