Often, property owners don't understand the "Who, What, When, Where and Why" of selling a home, especially in this market. It is up to professional realtors, to utilize our persuasive powers to assure home sellers of the finer points of selling in this depreciating market. I'd like to share some of my favorite points that you can share with your home sellers.
- What you might have sold your home for a year ago is irrelevant.
Properties sell for the best price obtainable in the CURRENT Market and not one penny more. - If your present property has appreciated in value, a reduced price affects only a paper value, which was never actually realized.
- If your home has been on the market for a considerable period of time, and not attracting the attention of prospective home buyers, it is OVERPRICED.
- If you are unprepared to accept the best offer obtainable from the best home buyer available, you should NOT list your home for sale.
If your market is like ours, the foreclosures are creating a false value of homes in your area. Be sure to reassure your home sellers that those properties even though they are lower in value also represent a property in distress with many problems in which the buyer will have to correct in order to live in or use it as a investment property. Which, by the way when repairs are done will increase this homes value too! Humm Something frustrated home sellers should think about? Hang in there, If your home is priced right, It should sell.

A false value? Gosh, if it's for sale, then it's reality that we cannot deny. It creates an option for the buyer.