Is there Life after Lehman?
In fact, Warburg has seen a number of contracts signed in many price categories in the last few weeks. Buyers are looking to negotiate, and when they can they are still moving ahead. Offers are coming in 10%, 15%, even a few at 20% below asking. What sellers need to do is accept that the shoe is on the other foot and engage. Every offer needs a response. Once both sides have entered a negotiation the chances are good that a deal will result. This marketplace is filled with opportunity. Seize it!