Why did the BANK NOT COUNTER my OFFER? - 04/30/12 06:31 AM
Last week was a prime example of a new Bank Owned Listing in the Southern NH area that is priced correctly and with my marketing, attracted double digit offers. The one thing that comes with this many offers is alot of disappointment from those whose offers were not accepted. I get bombarded with calls and emails after letting people know their offer was not accepted. You know what? not to seem like I have no feelings but if some of the buyers and agents spent this amount of time on writing and submitting their offers, maybe they would have had a chance.
The question … (44 comments)
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WHY did MY Offer NOT GET ACCEPTED? - 04/29/12 05:23 AM
When a Listing is priced correctly and the marketing works to attract the most potential buyers, you are going to get alot of offers here in the New hampshire market. There is no denying the Real Estate market is improving in most areas. Here in Southern NH including areas from the Manchester NH area south to the Salem NH area, the amount of Owner Occupied Listings, Bank Owned Homes and Short Sales are all down. The amount of Buyers continues to rise. Here in NH our currently listed home inventory is down near 30% with sales increased 17% in the last quarter alone. … (12 comments)
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Under Contract in Only 7 days in Salem NH - 04/29/12 05:09 AM
Another property placed "Under contract" in only 7 days.
113 CLUFF CROSSING RD SALEM NH
This certainly shows that the market continues to improve. With 12 offers in 3 days, and additional offers each day after, the limited amount of listings and increase in Buyers continues to raise the housing market out of where it bottomed out near a year ago. If you have a Condominium to sell, contact us today for results.
This 4 Room, 2 Bedroom, 1 Bath Garden Style CONDOMINIUM
920 Square Feet of Living Space.
PRICED TO SELL at $66,300
If you are looking … (3 comments)
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How many offers - Is TOO MANY OFFERS? - 04/27/12 05:48 AM
As a Leading Listing Agent of Bank Owned Homes here in the Manchester NH area I have a question that nearly all agents will think I may be crazy for asking. BUT... How many offers - Is TOO MANY OFFERS to receive before the seller should accept one?
For this case study the listing is Bank Owned, it is priced at current market value, it needs some work, the bank is unwilling to make any repairs and the company they use to complete the preservation work and cleaning does not do a good job, the walls need painting, it smells and the … (11 comments)
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How much is Active rain worth to you? - 04/25/12 10:28 AM
I was pondering a question as i sat on the beach at Atlantis this week "How much is AR worth to me? You see we all take internet for granted back home in the USA. We can pick up wireless free virtually anywhere these days so when there is none, a slow panic came over me. It is $19.95 a day. Now the first day i took a break from the world but by the second day. I missed my world and had to get back to work on checking up on things.
Every morning I head to work, listen to … (8 comments)
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WHY do some houses SELL while other Houses SIT? - 04/24/12 05:20 AM
There was an interesting conversation as Home Owners in the Manchester NH area peppered me with questions regarding pur current Real Estate Market. One question rose above all when it was asked "WHY do some houses SELL while other Houses SIT?" This is a fantastic question as the easy answer is some Real Estate agents take on new Listing to List them while other take on new listings to "SELL THEM".
I have a checklist and outkline I like to use:
THE LISTING AGENT NEEDS TO:
1. Assess what the real market value is in todays market. Discuss it with the … (27 comments)
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Can we be OUT OF HOMES TO SELL? - 04/21/12 06:12 AM
There is no denying the Real Estate market is improving in most areas. Here in the Manchester NH area the amount of Owner Occupied Listings, Bank Owned Homes and Short Sales are all down. The amount of Buyers continues to rise. Here in NH our currently listed home inventory is down near 30% with sales increased 17% in the last quarter alone. There is a tale of "Haves and Have nots" as some agents are Selling their new listings as fast as they get them and others can not seem to get out of their own way as their listings sit.
Buyers … (6 comments)
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New BANK OWNED Condominium in Salem NH PRICED FOR QUICK SALE - 04/21/12 05:59 AM
NEW BANK OWNED LISTING "JUST LISTED"
113 CLUFF CROSSING RD SALEM NH
This 4 Room, 2 Bedroom, 1 Bath Garden Style CONDOMINIUM
920 Square Feet of Living Space.
PRICED TO SELL at $66,300
If you are looking to buy or sell a home in New Hampshire, please call us first. We strive to provide the best in personal and professional service through each step of the buying and selling process.
We offer * FREE * BUYER REPRESENTANTION - ask us how we can help you buy a home here in New Hampshire. (*please contact us for … (3 comments)
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Home SOLD in ONLY 1 DAY in Salem NH - 04/21/12 05:50 AM
SOLD IN ONLY 1 DAY in Salem NH
This 8 Room, 4 Bedroom, 2 Bath SINGLE FAMILY HOME
1312 Square Feet of Living Space. 1 Car garage, Shed, Finished lower level
Fireplace in Living room, nice hardwood floors, newer windows and furnace.
This home had multiple offers within hours of listing and was under contract in ONLY 1 day. The sale closed in only 19 days from going under contract.
If you are looking to buy or sell a home in New Hampshire, please call us first. We strive to provide the best in personal and professional service through … (4 comments)
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WHY wont the Local Media report on THE REAL STATUS of REAL ESTATE? - 04/20/12 06:07 AM
I am tired of watching the Local and national news who are reporting the Housing Industry still in decline. Local newspapers run reports off the wire that "this is a Buyers market" and how bad things are. This is just simply not true for every Real Estate Market. Real Estate IS Local and what is happening here may not be happening there and what is happening there may not be happening here.
Buyers and Sellers can not help to get confused being pulled to the left and to the right with completely different news reports. What makes it worse is if … (21 comments)
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GERMS may be taking over YOUR REAL ESTATE world? - 04/19/12 06:03 AM
Do you ever think about GERMS and the REAL ESTATE world? If not, maybe you should. As agents we get to see alot of homes, see alot of people and that subjects us to GERMS.
Ladies I hate to be the bearer of bad news but one of the top spreaders of germs are purses, hand bags and backpacks. A recent report said 25% of pocketbooks contain e.coli. Handbags are placed on counters and bathroom floors only to be brought back andplaced on your desk or home counter. The 2 easy solutions are watch where you put your bag down and simply wipe … (25 comments)
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HOW DUMB CAN YOU BE? - 04/18/12 08:55 AM
I do not go around calling people "Dumb" however in this case it may be warranted. I have heard of this happening but never imagined it would every happen to me. I set up a showing on a property. I get their with my buyers and the seller is there. The Listing agent shows up and I am thinking they are there to give us some insight on the home. The listing agnet kind of pushes by us, I say hello and they sit down at their table without saying anything.
We proceed through the house showing ourselves through it. My … (59 comments)
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WHY isn't anyone Looking at MY House? - 04/17/12 06:28 AM
Yesterday I had a couple call me who just ended a 6 month Listing with a large firm in the Manchester NH area. They saw my blog here on Active Rain and they said it spurred many questions. They wanted to know How I can say it is so busy when they did not get any offers and very little showings in the last 6 months? I asked them their address and pulled up their expired Listing. Right off the bat there is only 1 picture uploaded where 24 is allowed and the one of the front of the house is not … (18 comments)
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Make a Difference Day - Friday, April 20, 2012 - 04/16/12 06:42 AM
As EARTH DAy approaches I often get reminded by my daughter of the tips she learns at school. This Morning one of my favorite Bloggers inspried me with a saying USE LESS and DO MORE that I had to just share will all of you. Please read his list as there are so many little things we can all do that sure mean alot.
Via Roy Kelley, Montgomery County, MD Homes For Sale (Roy Kelley and RE/MAX Realty Group):
Make a Difference Day in Gaithersburg - Friday, April 20, 2012
Use less! Do more! This year, make a commitment to change a … (0 comments)
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A step by step Guide for HOW BANKS SHOULD LIST & SELL THEIR REO HOMES - 04/16/12 06:09 AM
Many of my blogs offer advice on HOW TO BUY a BANK OWNED HOME! but not many agents write about HOW THE BANKS SHOULD BE SELLING THESE BANK OWNED HOMES. Today is the day I tackle this issue. I have been trying to show and put in offers on the infamous Fannie and Freddie homes and it has been near the worst experience of my buyers life. Anyone who has Listed, showed, tried to purchase or acted as a Buyer Broker on a REO Home will acknowledge the problems that exist. The problem starts as there is no uniform rules or … (7 comments)
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How can a BUYER get "THE BEST DEAL" when Buying in Today's market? - 04/15/12 07:32 AM
The one common question that all Buyers seem to be asking is "How can they get the best deal out there?" As a leading Agent in the Manchester NH area, I get to see a variety of types of properties and types of sales. I have pout together this blog to break down the opportunites that may get you the best deal. i often get flooded with questions regarding foreclosures. I have put together the TOP 5 items you need to know if you are looking to buy a bank owned home.
WHO IS REPRESENTING YOU? : You should know that the … (12 comments)
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SUNVIEW CONDOMINIUMS in Derry NH placed under contract in only 12 days - 04/15/12 07:07 AM
SUNVIEW CONDOMINIUMS in Derry NH placed under contract in only 5 days. That is right, you heard it correct, the Godzyk Real Estate Services listed this unit on April 1, 2012. Several offers were submitted within the first 5 days and all signed documents were received on April 13, 2012. If you have a condominium to sell, contact the proven Condominium Sale experts.
5 TSIENNETO RD, Unit 210 DERRY NH
This 4 Room, 1 Bedroom, 1 Bath Garden Style CONDOMINIUM
840 Square Feet of Living Space.
Located on The 3rd Floor, enjoy your covered porch overlooking Sun View Condominiums
… (1 comments)
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The "TOP 5 MYTHS" about Today's Real Estate Market - 04/13/12 09:52 AM
Today's Real Estate Market seems to inspire questions from both home buyers and sellers. Most conversations usually include hot topic subjects about the Real Estate market in and around Manchester NH. People want to know if short sales, foreclosures and bank owned homes are taking over the market. I get quoted with so many news stories from print and television that are exaggerated or just plain wrong that it inspired this blog. THE TOP 5 MYTHS ABOUT TODAY'S REAL ESTATE MARKET1. THE BANKS ARE NOT LOANING MONEY. It is not entirely true, banks are indeed loaning money. The majority of the mortgages are FHA … (12 comments)
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How do you get so many New Listings? - 04/13/12 06:10 AM
I could not imagine having the time or will to call any other agent and ask the question "How do you get so many New Listings?" that was asked of me last night. Here in New Hampshire the market is very competitive as we are in a strong recovery in our housing market. The amount of homes currently listed is down near 30% while sales continue to climb near 18%. This is leading to a shortage of Listings.
Simply put I get my new Listings from "Hard Work". I have a great referal base from past customers who were very happy … (6 comments)
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Are Listing Agents "A DIME A DOZEN?" - 04/12/12 06:24 AM
Would hearing Are Listing Agents "A DIME A DOZEN?" upset you? As a leading Listing agent of properties here in New Hampshire I am always seeking out new sellers. Here in NH our market has turned, we are experiencing a decrease of near 30% in homes currently Listed. Sales have increased near 18%. This is giving Sellers the opportunity to shop for Listing Agents. Home Owners are interviewing more agents, Banks are testing and re-assessing the agents on their approved lists and are cutting agents who are not performing or servicing their properties in a positive way.
The one thing many agents may not know … (18 comments)
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WHY is the Seller SELLING? and WHY is this important to YOU? - 04/11/12 06:23 AM
Do you think it is important to know "Why the Seller is Selling?" The past week I have been writing about "Low Ball Offers". I have looked at it through the eyes of the Buyer, The Seller and The Agents involved. I have hit some nerves and inspired quite a few blogs from my readers. This morning I was very pleased to see one of those inspired blogs featured. Lenn Harley wrote Why Is The Owner Selling?? Because They Want To!!. It makes some great points and the comments were most interesting. Most comments BASHED Listing Agents for letting the Buyers … (11 comments)
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Do "FEELINGS" get in the way of a Real Estate Transaction?" - 04/10/12 06:10 AM
Do "FEELINGS" get in the way of a Real Estate Transaction?" In my opinion they sure can... but should they? Afterall both Buyers and Sellers are real people and real people have real feelings. In a Bank Owned Sale the seller has no feelings. The employees of that bank or asset management company have no personal connection with that home. They will look for an offer that is strictly within a specific percentage of the list price and that it meets their criteria to limit contingincies and increase the chance that the sale closes on time.
Over the last week I … (44 comments)
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YOUR OFFER STINKS!!! - 04/09/12 06:35 AM
Yesterday I sure pushed some buttons writing a post asking Is a LOWBALL Offer Better than NO offer at All?. You always know you hit a nerve when emails start flowing instead of people leaving comments. My point is that in my market which is in a strong recovery, Low ball offers hurt the majority of buyers more than help them. Here in NH homes on the market are down near 30% and sales are up near 18%, any new Listing priced at or near market value often gets several offers within days of listing. The buyers and their agents who are placing low … (14 comments)
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Is a LOWBALL Offer Better than NO offer at All? - 04/08/12 06:28 AM
There is a "Hot Button" question asking if a "Low ball Offer is better than NO offer at all". This week buyers placed over a dozen offers on one of my listings. When reviewing them there was a distinct difference in what could be said are "GOOD OFFERS" and those that are considered "NOT so good offers and then there were those "LOW BALL OFFERS". Sara Homan had a featured blog today Low Ball is Better Than No Ball .
I have been so busy this week I have not had much time to write, so coming off such a busy week and fielding … (20 comments)
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BANK OWNED Condominium Priced for Quick Sale in Sun View. - 04/07/12 03:49 PM
NEW "BANK OWNED" LISTING priced for Quick Sale at ONLY $51,900
5 TSIENNETO RD, Unit 210 DERRY NH
This 4 Room, 1 Bedroom, 1 Bath Garden Style CONDOMINIUM
840 Square Feet of Living Space.
Located on The 3rd Floor, enjoy your covered porch overlooking Sun View Condominiums
If you are looking to buy or sell a home in New Hampshire, please call us first. We strive to provide the best in personal and professional service through each step of the buying and selling process.
We offer * FREE * BUYER REPRESENTANTION - ask us how we can help … (6 comments)
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What was that Buyer Agent Thinking? - 04/06/12 06:32 AM
Last night I had multiple showings on my new listing, there was so many it was easier to say I would be there from 7pm to 8pm for buyers and agents with their buyers to stop by to see the Condominium. There was just too many to schedule in any kind of slotted time frame. It was almost a "mini" open house. It is priced very well so i knew I would be getting multiple offers right out of the gate. What was unique was the buyers who showed up with their agents who were not eductaed about the condominim complex … (9 comments)
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It's time for some TOUGH TALK on SHORT SALES - Your unexperience could lead to FORECLOSURE - 04/05/12 06:44 AM
I had a call yesterday from a local agent who needed some tips in negotiating a Short Sale here in the area. From the questions they were asking it was obvious they may not even know what a short sale is nevermind know how to negotiate it. I represent quite a few Home Owners in and around the Manchester NH area who need help to sell their home through a short sale. I also represent Buyers looking to purchase Short Sales so I have been on both sides of the transaction. The one thing that remains the same is the chance … (5 comments)
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If SHORT SALES take so long, WHY do so many Buyers want to Buy them? - 04/04/12 05:38 AM
I had the best question at 10pm last night as a buyer called to ask me WHY SHORT SALES take so long, WHY do so many Buyers want to Buy them? It is actually a great question and one I ponder often. The two problems with the 1st one starting with the SELLER when they list their Short Sales with an inexperienced and some times with out of town or even out of state Listing Agents. The 2nd problem is that most Buyers DO NOT know what a short sale is or what the process involves.
I represent quite a few Home Owners in and around … (18 comments)
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Is pricing a SHORT SALE Lower than all other Homes around the Right thing to do? - 04/03/12 10:04 AM
One of the most common tricks is to price a "SHORT SALE" much lower than what market price is. The question of the day is whether "Is this the right way to price a Short Sale?" The answer is it depends on you ask. An agent who does not specialize in Short Sales may say ""The lower the price the more offers and a quicker sale."
An experienced Short Sale Agent will tell you one of the quickest ways to get your Short Sale REJECTED is having a sales price that is TOO LOW. The FACT is that Banks will appraise … (10 comments)
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How Important is PRICING YOUR HOME when you list it FOR SALE? - 04/02/12 05:34 AM
Recovery in New Hampshire's Real Estate market is well under way. The amount of homes listed for sale is down near 30% while sales have increased near 18%. Banks have new mortgage programs and are approving mortgages. Buyers are enjoying low sales prices and ultra low interest rates. There are two key factors that affect your abilty to sell your home. The first is "Pricing your Home". the one fact to report is that "Over Priced" Homes are the one sector of our market that just is not selling. The key is to get a current and accurate Broker Price Opinion … (17 comments)
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New listing - IMMACULATE End Unit condominium in Pondview Terrace, Manchester NH - 04/01/12 03:55 PM
"NEW LISTING" in MANCHESTER NH
IMMACULATE END UNIT TOWNHOUSE CONDOMINIUM IN PONDVIEW.
This 6 Room, 2 Bedroom, 2 Bath CONDOMINIUM features a full basement and finished loft.
1426 Square Feet of Living Space. newer windows, new furnace, new interior paint, new flooring, new sliding door, new dish washer and so much more......
PRICED TO SELL AT $144,900
If you are looking to buy or sell a home in New Hampshire, please call us first. We strive to provide the best in personal and professional service through each step of the buying and selling process.
We offer * FREE * BUYER REPRESENTANTION - ask us … (2 comments)
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