So many homeowners have seen the summer market come and go without so much as a low-ball offer on their home. I am getting more email pleas for help than ever right now and most of these are from people who are really hurting and need help.
Since this is becoming more of a common theme and is occurring on a daily basis, we decided to video tape a recent appointment with a frustrated homeowner. This is not an unusual response from a homeowner after we discuss recent housing market activity in Tallahassee.
I saw this video before and it has been used to parody many different aspects of our current economy and it made me chuckle as well for the real estate market. But the sad reality is that the video accurately reflects part of what we are facing as we try to stabilize the housing market.
Homeowners are frustrated and need good advice. Many are getting good advice from real estate agents in Tallahassee, but some are not. In fact, the service that they are receiving is the reason is so sub-par that I thought I would include one Q&A this morning from somebody who has a home for sale in Tallahassee:
I have a house for sale in Tallahassee, listed with a local real estate company since the middle of 2008. During that time, I have reduced my asking price on four separate occasions and there has been no real action to speak of. I dropped the price twice at the end of this summer but have heard nothing.
I receive no information on how the house is being marketed, if at all. Unfortunately, I have no idea what to do now. My contract with the real estate company is over and my agent wants me to sign back up with them. Do you have any suggestions?
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