Spring Market is here.

Hello all.

Sorry I have been away so long.  I have acquired new responsibilities that started the first of the year, and this has kept me busy almost every waking hour.

I am now the Managing Broker for a 70 agent office here in Charlottesville, Virginia.  So my time is now my own any longer.  However, I am still taking care of my personal past clients.

Last Sunday I was called by a past client that I helped find a home in 2001.  They are now relocating to Ohio and wanted me to list there home.  Of course I was more than happy to do so.  After doing my research and preparing a market analysis on their home I schedule an appoint ment to make the presentation the next day.

On Monday after going over the market information and my marketing plan for their home we completed the listing agreement.  I encouraged them to be very realistic about their price and they took my advice.

I went straight back to the office and entered the new listing in our MLS, and Prue rushed everything on to our web site and sent emails out to local agents about the new property.  Of course we also used Active Rain to get the word out.

By Wednesday we had an offer, and by Thursday evening it was ratified.  WOW I couldn't believe it went so quick, but after talking with a few of my agents they to have noticed more activity in our local market.  Homes starting to sell.  However, all agree that those homes that are selling the owners are being very realistic about pricing their homes.

The buyers are still out there and the interest rates are still at an all time low.  We just need to stop all the pity parties and get back to work spreading the word to our buyers and sellers about the local market.   NOW IS A GREAT TIME TO BUY.

Just thought I would share my story, and hope that you will share your Spring Market Activity Report.  Our Spring it seems is starting a little early.

Best Regards

 

 

 

5 Comments on Spring Market is here.

Welcome Back!  Looking forward to your posts!

02/17/2008 07:33 AM by Diane Lombardino (Bluffs Real Estate)


I think the key to the rapid success was the fact that they took your advice and agreed to price it right for the market. Congratulations.

02/17/2008 09:43 AM by DDR Realty, Orange County, NY


Great story Dave.  I wish you luck with your very large office.  Glad to see you are blogging again

Don

02/17/2008 09:48 AM by Donald Bradbury, REALTOR Bucks County PA (The Bradbury Team at Coldwell Banker Heritage)


Thanks for the verification. I've been telling both buyers an dsellers for about 2 weeks that in my market, NW Ohio, it's nearly an early spring market. My phone is ringing off the hook with requests to show my properties and all of sudden I have hits by buyers on those properties who are calling or emailing me directly. Plus possible offer activity as well.

I so very much agree that this is a buyers' market. Low interest rates and lower prices should be bringing those buyers in by the busloads. Plus with the change in lender requirements, you can be hopeful that those buyers can actually afford a home.

But just because that all makes sense doesn't mean it will happen that way, but locally some of us are busy.

02/17/2008 09:57 AM by Dee Nofziger, Toledo OH Real Estate (Danberry Co., Realtors)


Well good luck with your new responsibilites.  70 agents is a lot of extra work.  Bet you'll sail right through the challenges.

02/17/2008 10:04 AM by Diane Bell, Hilton Head Real Estate, Bluffton (Charter 1 Real Estate, Hilton Head, Bluffton, SC)


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Real Estate Agent: Dave Shockley Charlottesville Virginia Real Estate (Real Estate III)
Dave Shockley Charlottesville Virginia Real Estate
Charlottesville, VA
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Real Estate III

Office Phone: (434) 984-7434
Cell Phone: (434) 242-1769
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We specialize in all Charlottesville and Central Virginia Real Estate, particularly Charlottesville & surrounding counties, & Wintergreen Resort Properties.

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