Home : Blogs : Frank Gallagher : Frank's Blog

The Case Against Waiting To Buy - Ignore the Headlines!

There's a great article that just came out in the Feb. 25th edition of Time in conjunction with CNN. It's something to send to your buyer clients who may have been or continue to be on the sidelines interms of moving forward with purchasing a home. Essentially it outlines that any price reduction = equity, that one might gain by waiting might be offset by rising financing costs and they give a nice example to illustrate this.

It's up to us to get this market moving! We only have the market we're in at any given time and I would encourage you to think of today's market as being a "mindset." You are your stiffest competition.

If anyone would like a copy of the article, please don't hesitate to ask and I'll gladly email it to you for use with your clients.

Happy House Sales!

Frank

Posted by Frank Gallagher on 03/05/2008 01:49 AM

Comments (9)

sidelines, price, reduction, time, market, competition

9 Comments on The Case Against Waiting To Buy - Ignore the Headlines!

you could have just linked the article.

03/05/2008 02:20 AM

by Michael Creel (Brio Realty Inc.)

Here's the link http://www.time.com/time/printout/0,8816,1713483,00.html#

I've saved this as an adobe file, and print it as needed, especially during open houses as handouts along with flyers.

I read this article, too, and intended to cut it out since it was all on one page. But somehow, that issue got thrown out. Darn!

03/05/2008 02:43 AM

by Pacita Dimacali, REALTOR, e-PRO, SRES (Gallagher & Lindsey, Inc.)

Welcome to ActiveRain!

If you would like a few tips on getting the most out of ActiveRain, please visit my blog Welcome to Active Rain. It has a few simple steps of what to do now that you have joined.

If you ever have any questions, just let me know.

Troy Trumm

03/05/2008 09:27 AM

by Omaha Real Estate Troy Trumm - The Trumm Team (Alliance Real Estate)

Hi Frank, nice to see another Local member here,

I see this is your first post on Active Rain. Congratulations!! I just wanted to welcome you to a fantastic Real Estate Industry Network! Welcome aboard, I hope you'll continue to Blog, and invite others.

I’ve added a link to a post called, “NEW MEMBERS – Start Here” that will hopefully get you up and running with the least amount of effort, and also help you to navigate around Active Rain more efficiently.

I hope you'll find this to be a useful post in helping you get started.

Again, welcome to Active Rain, the best place to start, and have a Blogging experience!

Good Luck to you and your business! B-)

03/05/2008 01:41 PM

by Brad Andersohn ~ Community Builder (ActiveRain)

Hi Frank,

Welcome to Active Rain and congrats on your first post! The opportunities to learn and network are incredible here. Best of luck to ya!

-Keith

03/05/2008 10:34 PM

by Keith Elliott Jr -"Prince William County Real Estate Expert" (RE/MAX Olympic Realty)

Welcome to ActiveRain, Frank, from a fellow KW agent in Las Vegas! The better agents in this market will help their clients see the long-term possibilities, and also understand that trying to time the market can backfire. Great to see you communicating this to your clients.

03/05/2008 11:29 PM

by John Novak - Las Vegas and Henderson NV Real Estate (Keller Williams Realty The Marketplace)

Frank,

Welcome to Active Rain! For some tips on how to get started here, check out my blog entry at ActiveRain Fast-Start Tips for Quick and Easy Points

Happy blogging and good luck!

03/06/2008 01:10 AM

by Benjamin Clark - Exclusive BUYER'S AGENT - Salt Lake City, Utah (Homebuyer Representation, Inc.)

Frank - Welcome to the Rain, make sure that you browse the site and become familiar with everything this site has to offer. The more you browse the more you will learn. I have found this site to be really helpful to me. If you have any questions, please don't hesitate to email me, I will do whatever I can to help you.

http://www.doreneshirley.com/

03/09/2008 09:51 AM

by The Mortgage & Property Connection

Very informative article. Buying and selling a house is a serious decision. It is the largest purchase one has ever made in his life. This is a decision to buy or sell should not be taken lightly and you gave some great points to consider.

06/28/2008 10:45 PM

by Lucas Taylor (CENTURY 21 Beggins)

Leave a response…

Name:

Notify me of new comments:

Comment:

What does the graphic say?