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Buyers Inventory

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Real Estate Agent with Frank Rubi Real Estate

I have been working with a client who is actively looking to buy a home fairly soon.  One of the problems is the amount of available properties for sale.  We have looked at about twenty homes over the past month.  I don't mind because I would do the same.  I would want to see as much as I could.  There is the problem , there is a lot to see.  None of these homes seem to be getting any offers.  It's amazing how the homes for sale for outpace the amount of buyers.  They say the market will correct itself.  I believe it will but I have no idea when.

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Vicky Poe
Good Ole Rocky Top - Crossville, TN
Realtor/ Auctioneer
People are like sheep, they do what ever the television tells them to do.  If the press says that you should buy NOW they would be in a fury to buy.
Dec 08, 2007 11:35 AM
Karen Monsour
Coldwell Banker Fort Lauderdale Beach - Fort Lauderdale, FL
REALTOR, SSRS - Sells FL Waterfront, Short Sale Expert!

John,

Vicky is so right...whatever the media says is what people typically believe. Such a shame. I select homes for my customers based on what they describe to me. I choose 5 or 6 of the best. I show them the best one first then go on to second best, etc.

This worked great for me last week as I met a customer, showed him 3 and he is buying the first.

Good luck!

Dec 08, 2007 12:29 PM
Marcie Purcell Associate Broker
Better Homes and Gardens Real Estate Cassidon Realty - Quakertown, PA
Realtor, Bucks & Montgomery Co PA

John,

You would think the buyers that are looking would be sick of seeing so many homes. Hopefully the market corrects it self soon. We need more buyers. Karen is right with the limit homes to show. I need to try that too.

 

Dec 08, 2007 12:46 PM
John Walters
Frank Rubi Real Estate - Slidell, LA
Licensed in Louisiana
The problem with trying to limit the homes is everyone has an internet connection.  They can find the homes on their own.
Dec 09, 2007 12:07 PM