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It's Important to be Positve and Truthful

By
Real Estate Agent with Coldwell Banker Heritage Homes PB00007070

Some might say it's impossible to be both Positive and Truthful in a down Market.  I don't agree there is always something going on in the market that is positive.  If you read most of the blogs they are about how bad the market has been the past 12-24 months but lets look a little further.

1.  When getting a listing in a down market: give all the information about days on Market, talk about condition, talk value.  Then close by reminding them about the tax credit and interest rates that are near all time lows.  By doing the above you've said something positive about the market and told the whole truth and nothing but the truth.

2.  When dealing with a buyer be sure to share with them the current Market Conditions in your area not what they might look like on a National Level.  Remember the Real Estate Market is like the weather it's not the same in Arkansas as it is in Michigan.  If values have declined tell by how much and then talk about the low rates.  It could still be a good deal even if the markets slip a littler further over the year based on the current interest rates. Also remember the expanded Tax Credit if they've lived there the past 5 years!

Being Positive and Truthful will help create a different look at real estate not the one that the National Media wants you to see.  That message is slanted toward to negative because it makes better news.

Keep It Truthful and Positive in 2010

 

Karen Fiddler, Broker/Owner
Karen Parsons-Fiddler, Broker 949-510-2395 - Mission Viejo, CA
Orange County & Lake Arrowhead, CA (949)510-2395

Absolutely....I'm a positive person. I just managed to get a client $40,000 over the comps in the neighborhood with a cash buyer, who needed a quick move-in and I had an equity sellers. If I had been negative, I would have told my sellers they would "never" get their price and not tried. But....why not try?

Jan 02, 2010 03:04 AM
Ted Tyndall
Davidson Realty Inc. - Saint Augustine, FL
I will help You find the Home YOU want to Buy

Michael,

Great advice. I am a firm believer that if you are not truthful it will come back to bite you from behind.

Jan 02, 2010 03:05 AM
Natalie Filbert
Boise Property - Boise, ID
Boise Property

Very refreshing blog this morning Michael.  It is easy to succumb to the negative news in this market because that's all we hear.  Honesty has been, and always will be the best policy.  Because of the downturn in the real estate market over the last 2 years, we are gradually getting rid of some of the less desirable characters in our industry.  This is more positive news!

Jan 02, 2010 03:19 AM
Carol Hamilton
Prudential Ambassador - Omaha, NE
Prudential, Real Estate, Omaha, NE

If you are not truthful, you may very well lose business from your client and anyone else they may have referred to you.  And they will know what to expect.  There are always positives to point out to ease some of the other concerns.

Jan 02, 2010 03:26 AM
Diane Williams
Pell City, AL

Being Truthful and Positive is the only way I can sleep at night.  Great advice.

Jan 02, 2010 03:41 AM