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Sales Creep Along In Shell Knob

By
Services for Real Estate Pros with Midamerica Referral Network
August sales for Shell Knob, Missouri crept up from the previous month.  They went from 5 sales to a whopping 8 homes closing!

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Forgive my light approach here, but after the two years of this challenging housing market, you've got to either laugh or cry.

We have  year to date total sales of 34.  Yes - 34 homes sold in the first 8 months of 2009!

SURVIVE - THRIVE
How can 15 agents ( by my loose count) survive economically? Granted, we've sold  some  properties out of Shell Knob's area, and most likely some  out-of-the-area agents have sold residences in Shell Knob.  48 houses had been sold in the first 8 months of 2008.

August was down only -29% from the same period last Month.  And I say only because the statistic was -41% last month.

SELLER'S BLINDERS
You bring out charts and comparables to explain this on a listing appointment only to have the potential clients' eyes glaze over.  They then announce that they still  want to list their house $50,000 over your suggested price - after all THEIR HOUSE IS WORTH IT!


Call Joan for all your Shell Knob and Table Rock Real Estate Needs. 417-846-7128

Tri-Lakes Realtors  417-858-3344

Comments(4)

Pat Champion
John Roberts Realty - Eustis, FL
Call the "CHAMPION" for all your real estate needs

It is hard to get sellers to see the value of their homes-it is our job to make them realize the home must be priced to sell in today's market.

Sep 02, 2009 09:58 AM
Todd Clark - Retired
eXp Realty LLC - Tigard, OR
Principle Broker Oregon

I think once a seller realizes the person who really sets the price of their home is the buyer, then they are really ready to sell.

Todd Clark - www.LivingBeaverton.com

Sep 02, 2009 02:41 PM
Joan Snodgrass
Midamerica Referral Network - Kimberling City, MO

Pat:

I agree.... it just gets a little frustrating when they waste the first 30 days of the listing by pricing it too high.

Sep 04, 2009 05:04 AM
Joan Snodgrass
Midamerica Referral Network - Kimberling City, MO

Hey - Todd - Beaverton - home of one of my lovely daughters!

 

Yes - the buyer does set the price..... sometimes by shunning the overpriced property?

Sep 04, 2009 05:06 AM