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Chicken Little...Welcome to a Sellers' Market...!

By
Real Estate Agent with EXP Realty 414-525-0563 57026-90 Broker

   Now and then we hear the chattering of teeth, the biting of nails, the knocking of knees....Buyers are afraid ....what if I buy in a  Sellers' Market...what will happen when I sell ?

What if I know I am only staying a few years ....should I buy ?    Mmmmmm...for that crystal ball that would tell them the list price they could expect in 3 years, 4 years...10 years....we fortune teller would certainly open a fortune telling booth...wouldn't you all pay per "house forecast? "

   We work with people in many professions who well understand that their time here is limited. They buy homes in their price range and realize that some changes they may choose to make are for their own taste/convenience and may/may not contribute to the equity in the house when it becomes time to sell it again. 

    Do we know what kind of market it will be when you sell ?  No we do not...we do know some safeguards as we discussed in our post the other day found here.

     You can go thru life with a "Chicken Little" the sky is falling ....better not buy...best to rent attitude...OR...you can listen to an experienced real estate agent who can offer as much guidance as possible...who will help you after the sale...make decisions about changes you Chicken Littlewish to make to the property...who can help you with maintenance tips...give you a concierge service with reliable contractors as you need them to protect your investment.

    You can live your whole life....being afraid of the future.....and never experience the rewards of being the person who HAS the experience....and the rewards that come with it.

    We are here to help you every step of the buying tour....and give you as much professional guidance as you wish....and the peace of mind that you are in control...not the landlord who didn't fix the...raised the rent continually...it's your part of the American Dream...Let Sally K.& David L. Hanson help you "sleep tight" and enjoy the next stage of your real estate experience in southeastern Wisconsin.

Posted by

Sally K. & David L. Hanson, ABR, CDPE, CSS, e-Pro,ILHM, REDS


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Comments (17)

Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Good evening Sally K. & David L. Hanson ,

When our sellers market started I remember hearing those wondering if they should buy. Those that bought have been riding the wave and in 3 years their values have sky-rocked! Seize the moment and don't be a Debby Downer!

May 07, 2018 06:35 PM
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

There have been many chicken little's for many years now

May 07, 2018 07:00 PM
Kathy Streib
Cypress, TX
Home Stager/Redesign

Sally and David- sometimes you have to check with your local real estate expert then jump in and go with it. 

May 07, 2018 07:30 PM
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

This is a good question to ask and I'm sure it is on the minds of buyers. The markets are hot and prices are rising. 

May 07, 2018 07:50 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Sally & David our Seller's Market started about four and a half years ago, hence we have gotten tough skinned, mean and aggressive as you have noticed in my comments over the years:)Endre

May 07, 2018 11:00 PM
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

I don't know how long our Seller's market will last but I am nervous for my buyers Sally and David...

May 07, 2018 11:17 PM
Jay Markanich
Jay Markanich Real Estate Inspections, LLC - Bristow, VA
Home Inspector - servicing all Northern Virginia

Even though it is a seller's market, so I hear everywhere, it is still a good time to buy!

May 08, 2018 03:01 AM
James Dray
Fathom Realty - Bentonville, AR

Morning Sally.

I do hope your cloudy crystal ball clears up soon.  Should that happen, give us the scoop 

May 08, 2018 03:05 AM
Ginny Gorman
RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate - North Kingstown, RI
Homes for Sale in Southern RI and beyond

So well said Sally K. & David L. Hanson and the favorite theme is I will wait til prices go down again...oh, another fortune teller is my buyer & I just say then I will probably be dead!  lol

May 08, 2018 04:21 AM
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hi Sally and David- "house forecaster" not nearly as profitable as other possible endeavors,  huh?  Smart answer to a commonly asked question. 

May 08, 2018 05:06 AM
Sheila Anderson
Referral Group Incorporated - East Brunswick, NJ
The Real Estate Whisperer Who Listens 732-715-1133

Good morning sally and David. There is no soothsayer when it comes to real eastate. Nice post.

May 08, 2018 05:45 AM
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

I hope those who are sitting in the fence about buying a house willread this post.

May 08, 2018 06:11 AM
Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

Everyone wants to get a deal, but what if them getting a deal started a trend of market values declining, that would not be good for them.  It would be much better for them to pay market value or higher and start a trend of increasing values, thus strengthening their investment.  Too many people let a nickel get in the way of earning a dime, haha.

May 08, 2018 06:29 AM
Roy Kelley
Retired - Gaithersburg, MD

Thanks for sharing your experience. This is good reading for prospective home buyers.

May 08, 2018 08:53 AM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Good morning Sally and David.  Those same folks that are scared of making a move ina seller's market will be petrified of buying a home in a buyer's market when it appears no one is looking for a home and prices are dropping.

May 09, 2018 04:43 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

I was just ask yesterday how my Crystal Ball is working for the future.  Wish it work better.

May 09, 2018 08:56 AM
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

Great advice - we don't know what will happen in the future - we can only make good decisions for where we are  now 

Jun 06, 2018 05:02 AM