There’s a story going around, confirmed by real estate people in-the-know, that an executive with Pandora Jewelry, which makes charms and bracelets, rings and necklaces and other tchotkes, has paid twice the value for a house in Baltimore County’s Greenspring Valley. The house, lovely inside and out with pastoral views and lots of lush, green horse-y acreage, was owned and loved for decades by an old Baltimore family who had no intention of moving but faced an offer it could not refuse.
So the story begs the question: How much would it take to make you move? We all grow emotionally attached to our houses, of course, but everyone has a “make me move” price. Real estate website Zillow, which lists and values properties, encourages home owners to list their “Make Me Move” price, calling it a “free and easy way to let others know what you’d sell your home for.”
In this economy, not many of us will be lucky enough to get that magic number. Even in a good economy, most of us wouldn’t be lucky enough to get that magic number, so it’s no wonder that when it does happen, it has neighbors’ tongues wagging.
Pandora Jewelry is a multi-million-dollar company headquartered in Copenhagen, Denmark. It employs over 5,000 people worldwide. Before its initial public offering last October, the BBJ reported the company hired Baltimore marketing company GVK to develop branding and communication strategies. Maybe the IPO windfall afforded the executive a giddy I-can-buy-whatever-I-want moment?
Tell us your Make-Me-Move price in the comments — maybe you’ll find a buyer. (We fully expect a commission, of course.)