I don't know about you but I'm finding this market very reminiscent of the market when I started in 1993. Buyers and Sellers skeptical and very leery of what the future holds. Unpredictable twists and turns and many factors impacting all at the same time.
For instance, there is the credit crunch, Appraisal worries, Short Sales and Foreclosures, and still a great number of people that can't understand why they can't buy a house with no money down...Angry Seller's...equally angry and skeptical Buyers, Indeed the whole situation has become a quagmire of ill fated and unrelated issues colliding in one big intersection.
What I have found is that by remaining brutally honest with both Seller's and Buyer's I have (or seem to have) the best chance to succeed. I preface it with don't shoot the messenger, but I tell them what I perceive is going on. The media has convoluted the situation by fragmenting the industry. One day they blow the Mortgage situation sky High, then the next the credit crunch, and then let's talk sales...no no wait lets highlight Mortgage negatives...let's go to foreclosures...let's just stir as many pots as we can and see what burns on the stove.
Please....enough with the cameras and lights in every dank corner. Try to be honest nd forthright with our clients as to what to expect. Try to get them to understand that by pricing their property correctly they may actually get a viable buyer...and let's get some integrity and walk away from over priced TURKEYS...heck their free during the Holidays so let's not take listings that are too high and do something to help ourselves in this market. FSBO SchmizBo...good luck with the FSBO market today...
Well that's my 2 cents today maybe tomorrow I'll have three cents worth! Keep Positive stay true to your goals and Have a great day!
Go Phillies!!!
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