1. When you have a family, it’s always a good time to buy.
2. In this market, there are a lot of options
3. It didn’t make sense for us to spend the same amount of money renting something when we could own it.
4. Working with a REALTOR® took all of the guess work out.
5. This is the best market in years in terms of choice.
6. Interest rates are at historic lows.
7. Home choices have increased and prices are favorable.
8. If we didn’t buy now, we would have missed the opportunity on this home.
9. Buying a house is the best investment anyone can ever make.
10. It’s a great move-up market.
Tuesday, September 30, 2008
Wednesday, September 24, 2008
6 Truths about The Current Real Estate Market
From Illinois Association of Realtors Convention speaker and agent trainer Kim Daugherty presented these market truths in his session "Make Your Listings Sell."
1. Buyers buy after shopping around and they will be comparing your property to others currently on the market.
2. Sellers control the pricing and salability of their homes but buyers control the VALUE. A property is worth what the market will pay.
3. If a property sits on the market for more than a few weeks it gets shop worn (like a stale donut.) Price it right in the beginning while it is fresh and buyer interest is at its peak.
4. Most properties must be sold three times — to real estate agents with buyers, to the buyers themselves and then to the lenders who will loan the money.
5. What it means if there are no showings — agents don’t see your offering as worthy of showing to their buyers or buyers aren’t interested enough to look. If there are no offers, buyers don’t see enough value to even negotiate or try to buy.
6. Overpriced properties actually help well-priced properties sell.
1. Buyers buy after shopping around and they will be comparing your property to others currently on the market.
2. Sellers control the pricing and salability of their homes but buyers control the VALUE. A property is worth what the market will pay.
3. If a property sits on the market for more than a few weeks it gets shop worn (like a stale donut.) Price it right in the beginning while it is fresh and buyer interest is at its peak.
4. Most properties must be sold three times — to real estate agents with buyers, to the buyers themselves and then to the lenders who will loan the money.
5. What it means if there are no showings — agents don’t see your offering as worthy of showing to their buyers or buyers aren’t interested enough to look. If there are no offers, buyers don’t see enough value to even negotiate or try to buy.
6. Overpriced properties actually help well-priced properties sell.
Tuesday, September 16, 2008
Thinking of Buying a Home But Not Sure if this is the Right Time?
1. When you have a family, it’s always a good time to buy
2. In this market, there are a lot of options
3. It didn’t make sense for us to spend the same amount of money renting something when we could own it
4. Working with a REALTOR® took all of the guess work out
5. This is the best market in years in terms of choice
6. Interest rates are at historic lows
7. Home choices have increased and prices are favorable
8. If we didn’t buy now, we would have missed the opportunity on this home
9. Buying a house is the best investment anyone can ever make
10. It’s my job to help buyers make the right decisions
11. It’s a great move-up market.
2. In this market, there are a lot of options
3. It didn’t make sense for us to spend the same amount of money renting something when we could own it
4. Working with a REALTOR® took all of the guess work out
5. This is the best market in years in terms of choice
6. Interest rates are at historic lows
7. Home choices have increased and prices are favorable
8. If we didn’t buy now, we would have missed the opportunity on this home
9. Buying a house is the best investment anyone can ever make
10. It’s my job to help buyers make the right decisions
11. It’s a great move-up market.
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