Happy Wednesday, everyone!
I have been hearing from several of my colleagues that they are getting busier recently. I've already told you that I see things picking up as of late, and now I'm hearing it from others!
The problem is that with the increased activity in showings of listed properties, the sellers believe that the market has swung back to the seller's advantage and this is not so. Sellers must keep a level head at this point and realize that buyers are coming out of hiding because of the pricing of listed homes. This is NOT the time to raise your list price and try to make some excellent money.
This is the time to price your house fairly, to seek good advice from your real estate professional and weigh the pros and cons of each offer you receive. Buyers will not compete over your property - there are 4 others out there just like yours. Concessions as far as paying the buyer's closing costs, first year of insurance or making necessary repairs may be in order.
Be smart. If you want out of your current house, you must play nicely with the buyer. And if your real estate professional tells you that you are in the driver's seat, find someone else who will tell you the truth.
Wednesday, July 25, 2007
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