Since the housing market decided to collapse, people have been luring buyers into their properties with incentives. Vahe Hagopian, a listing agent in Malibu, even offered up his Ferrari to try to make a sale.
If someone were to buy his client's house (6,000 square feet, $4.4 million), he'd throw in a classic Ferrari F40 to sweeten the deal. Hagopian says, "Nothing is moving in this area. It's unprecedented."
Initially, the house had been sitting around at $3.9 million, but, as the New York Times puts it, Hagopian "borrowed a page from added-value marketing and bundled the two last month, while raising the house price."
The Italian supercar is a "high-mileage" model, with 734 miles on the odometer and "prior accident history". Whatever, it's an F40.
Even with the car thrown in, the house hasn't sold yet. Too bad, because Malibu, Pacific views, and an F40 sound like a pretty sweet package. If anyone's interested they'd better hurry. The F40 will only be part of the package until June (according to Hagopian).
By Phil Alex
Via: NYT
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