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87 Comments on Pin The Tail On The Bottom Of The Market
Tracy,
Great post and visuals to help those "would be" buyers!
This is a great explanation of the current market. Hearing people say they are "waiting" to buy a house drives me insane! They all say they are waiting for prices to drop more. This is a fantastic way to explain the error of their ways. Thanks so much!
Marlene, Realty Station, Bremerton WA
Tracey,
EXCELLENT! I heard the concept presented a little differently, yet your is better, very clear and easily understood!
Tracey-
Great post! I love Buyers who think that they can time the market to buy right at the bottom of the V.....amazing....I guess they should not work for a living either since they seem to know everything! :)
Kelly -The real estate market is not a national climate, it's a micro climate. Here in Los Angeles County housing sales are different in every city and town. That't why it's so important to understand your micro market.
Jeff - But the media tends to exaggerate negative emotion, so the public perspective is skewed.
Lori - The name of the game is to turn lemons in to lemonade.
Rick - Good luck with that. We have to overcome so much media hype to get our clients to understand the reality.
Joshua - Thanks so much for stopping by.
Ryan- LOL, I sometimes feel like I should shake my clients, but I thought the V graph might be more politically correct.
Dan - Thanks for stopping by.
Micheael- Thanks! Glad that you enjoyed the blog post.
Tim - Feel free to use this example with your clients. Anything, just get them off the fence. Feel free to use this in your blog, just link back to my post.
Susan - I guess that's why I don't make the big bucks, I don't write with 50 pages of fluff.
Steven - Let's just hope that some buyers get the message and buy now.
Rick & Ines - It's only a matter of time, real estate is cyclical.
Kaye - Thanks for stopping by, I'm glad that you enjoyed this post.
Nancy - We need to work together to find ways to explain the market to our clients. Education is important now.
Marlene - Hope it helps to educate your buyers and get them off the fence.
Lynda - We've been using this with our buyers for a few months, hopefully they will start to listen.
Rick - It's frightening to most people. They don't want to make a poor decision so they just wait.
Alma - It's all about education.
Randal - Absolutely, share this with all of your agents. The more of us that understand this, the more of us will educate our clients. The more buyers will buy and they'll stimulate the market. It's win win for all of us.
Ana - Thanks Ana!
Jeff - It doesn't matter, the real estate market is cyclical. It will eventually
Tracey,
Excellent post! Very visual and easy to understand. Some buyers objection may be that they want to buy at the intersection at the bottom. However, this is going to be difficult to time.
Dave