Here's a confession: I hate short sales. I do my very best to avoid them either on the listing side or the selling side. Yeah. I know. People tell me all the time that "this is the market" and, if I'm going to survive, I have to learn and work with short sales. Bah Humbug.
To be sure, I have not been having as much fun as I had in the early 2000s. There are fewer "plain vanilla" sales out there - sellers with enough equity in their home that there is "NO third party approval needed". However, there are a few and those sellers still need professional Realtors to help out.
What I've been noticing lately is that the "plain vanilla" home is on the rise, at least in my little part of the world. I'm not sure if that's an indication that sellers have finally come to the realization that they need to price their home to compete against the short sales and foreclosed homes or if we baby boomers are finally getting to the point where it doesn't matter if we get hundreds of thousands of dollars from our home sale... as long as we can sell our home!
Whatever the reason, I'm encouraged that there seems to be more homes on the market where a buyer does not have to wait for months and months for some bank to say that it might consider, maybe, an offer if Mars aligns with Jupiter and some clerk doesn't lose the file.
Comments (9)Subscribe to CommentsComment