On Wednesday, I made eight appointments for my buyer to view properties with me for today (Sunday).  Between Wednesday and today (4 days) three of those properties have gone under contract.  That's 37.5%!!

The properties that went under contract were single family homes, in my general area.. all in the $350,000 - $400,000 range.  They were nothing special... that is to say, they weren't dramatically UNDERpriced... nor were they dramatically impressive... they were normal, every day, average listings... that were priced at a reasonable price.

So, don't tell me that business is slow... I don't accept that.  Buyers are out there, searching for value... and when they find it, they buy.

Properties that are well-priced are selling.

ALAN MAY, Realtor®
Specializing in Evanston Real Estate and North Shore Real Estate

Coldwell Banker Residential Real Estate, 2929 Central Street, Evanston, IL 60201
847.425.3779      Cell: 847.924.3313      Email: Almay@aol.com

Evanston Real Estate & North Shore Real Estate
Licensed in Illinois

   

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18 Comments on ... don't tell me that business is slow.

FEB
28
2010

Alan~

I couldn't agree more with you.  Business isn't slow you just have to be a good Realtor in this economy to have the reputation to get business! Obviously you're a great Realtor! Keep up the good work!

Abby

12:11pm • #1
879,127 Points 224 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

well, Abby, while I believe I'm a great Realtor, too.. but those were not my listings that went under contract... I made appointments to show those 8 properties to one of my buyers, and now instead of 8 properties to view... we only have 5 to look at.  But thanks for the vote of confidence.

12:14pm • #2
801,038 Points 43 Featured Posts Localism Sponsor Outside Blog Hit Router Attended Rain Camp Called Shot Master

Alan, Sounds like the line from the movie a field of dreams...If you price them right they will come, this appears to be true in many markets right now. People see the rates as not lasting, the tax credits as drying up and the affordable homes as disappearing...if they don't act on them now.

12:40pm • #3

The last month has been unseasonably busy for me as well.  Spring is here! 

1:16pm • #4
653,717 Points 49 Featured Posts Localism Sponsor Outside Blog Called Shot Master

Hi Alan, I agree. If it's price right, the home will sell. I'm just seeing a slow down right now with sellers listing their homes. It is going to pick up as soon as the tiniest hint of Spring emerges! I'm busy with buyers for the most part and have been having more activity on my short sale listing since I dropped the price last night for today's Open House.

2:40pm • #5
379,000 Points 5 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Alan, 

Homes are selling when they are at a fair value.  We are definitely seeing that in Atlanta, too.  My buyers didn't want to see something on the day it snowed two weeks ago, it went under contract that day, day 2 on market.  It's not a total buyers market in ALL areas, some much more than others. 

Also, as I explained to them, we're not the only ones out looking, others are waiting to pounce. 

Hope one of the other five was good for your clients. 

All the best, Michelle

2:53pm • #6
762,015 Points 69 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

I totally agree.  Those kinds of properties are falling off the shelf.

3:10pm • #7
162,272 Points 1 Featured Post

You're right Alan.  Well priced properties, that are not short sales, are selling.  The last few contracts I placed had multiple offers.  Another one is being submitted Monday that is a multiple offer situation.  We'll get that one as my cash buyer is determined to win that bid.

Evanston is a great area.  I showed several rental homes in your area on Friday.  I hope you have a productive Sunday and sell another home.

3:20pm • #8
1,518,715 Points 112 Featured Posts Localism Sponsor Outside Blog Called Shot Master

Alan:  I hate hearing agent's complain about how bad the market is when there is stuff like this going on under their noses.  Our market is the same.  Insanely busy.  Still, there are agents complaining day in and day out about, "....when business picks up."  When?  It's here!

3:54pm • #9
165,839 Points 8 Featured Posts Outside Blog Called Shot Master

Alan, good post...someone is always selling homes..you are absolutely right...value...value...value...

5:07pm • #10
879,127 Points 224 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Steve - if you price it right... they will buy!

Vicki- welcome spring!

Jackie - yep... it it's priced right... buyers recognize value.

Michelle - fair value it is...

Jane - falling off the shelf, indeed.

Randy -we're seeing the return of multiple offers, too.

Chris - those agent

Yvette - houses are always changing hands..

5:34pm • #11
988,366 Points 49 Featured Posts Outside Blog Called Shot Master

Alan - I completely agree, homes priced right are selling in my area too, buyer's are buying.

6:34pm • #12
400,470 Points 35 Featured Posts Localism Sponsor Outside Blog Hit Router Attended Rain Camp

Alan:

This is the spring season - and the buyers are out there, for sure...

6:54pm • #13
389,734 Points 28 Featured Posts Localism Sponsor Outside Blog Attended Rain Camp Called Shot Master

Alan,  I agree!  Price 'em right and they sell! Loving your new header.  You are SO darned creative :)  Jealous in Huntsville, lol.

 

7:27pm • #14
MAR
01
2010
145,364 Points 2 Featured Posts Localism Sponsor

Alan, the right price is all you really need to sell your home in a timely fashion!!

7:57am • #15
879,127 Points 224 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Michelle - buyers are indeed buying

Claudette - haven't really seen the "spring" season I wanted, but the buyers are out there.

Elizabeth - price 'em right... (thanks for enjoying my headers... I enjoy making them).

Caren - it's true... even in today's market... if you price it right... it will sell.

8:03am • #16
434,122 Points 32 Featured Posts Outside Blog

The same as always my friend. You have to have the property priced at the right spot and it will sell.

9:47am • #17
MAR
05
2010
879,127 Points 224 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

JL - something that some folk still don't have the hang of.

4:50pm • #18


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Alan May, Coldwell Banker Realtor® Evanston, Illinois & Northern Suburbs

Evanston, IL

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Address: Attn: Alan May, Realtor®, 2929 Central Street, Evanston, IL, 60201

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