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When Foreclosure Goes Upscale ...Part 2
Just over three years ago, a select group of brokers and agents in Grand Rapids, Michigan got together in a conference room at the local board.  They had been tasked by the Board of Directors to study and make recommendations about a problem which seemed to be mushrooming across the local community.  Foreclosure and Short Sales has jumped from being barely a bleep in the statistics to trending into the double digits over 10%.
Click here to continue reading Part 1.
 

Meeting the Luxury Home Challenge!
 
As values tumble, the challenge of selling a home for a good price particularly in the luxury home market requires some special skills.  Let's highlight a few areas in which a home owner can make significant strides towards ensuring that their home is more likely to provoke a second showing encounter!
 
Know Your Market!
Do you know who your clients are? Where are they likely to come from and what their motivation for buying will be?
It is a loose rule of thumb to estimate that the average move-up buyer will be purchasing a home at a price range which is approximately 50% above their current home value. So for instance, if your ... more

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