My New Blog

Don't Jump!!!!!!!!!
October 31st, 2007 9:14 AM

Hello again,

I feel the need to spread the word again and this is my platform of choice.

I have been talking to a lot of realtors out there and I have been getting mixed emotions.  Some say it is dead out there and some say they are prospering. 

Why is there a discrepancy?  I think it has to do a lot with, of course, location and pricing. 

There are still some hot areas and there is no rhyme or reason for that.  It could be new construction, a reemerging area or just coincidence.

Now, the pricing aspect, a lot of people refuse to admit that their house is not worth what is was 2 years ago and that sets a bad tone for the sales process.  Pricing a house over market value is too risky, especially today.  You may not get the showings you would have if you went with the going rate or below.  Pricing it a bit below the market can speed up the process even more.  That may, in turn, help you to sell your home sooner and not have as many carrying costs etc.

In this market, there are going to be winners, losers and the middle of the road.  I just don't want you to be on the losing side.

As for the buyers, there is a lot of inventory out there for the most part so bid accordingly, you may get a steal!

Please talk to your realtor and use their advice to make the decision that you feel most comfortable with.


Posted by Ron Bradly on October 31st, 2007 9:14 AMPost a Comment (0)

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