Hey fellow agents, are you like us, your agressive, have a great marketing plan and no matter how much we advertise, spend and market our listings are getting lost in the shuffle due to the inventory on the market. Here's a new proposal:
I think we as agents should band together, go through our listing inventory and eliminate all listings that are more than 10% "out of market". Of course none of us want to this, because we are afraid some bottom feeder will come along, eventually get that big price reduction and sell the property. Plus we've already spent the money on staging, photo's, web placement etc. Thats why it will take all of us to be in synch.
I know that of our 20 listings, 4 have no shot at selling in this market at the price they are at and the sellers are unwilling to lower their price. Thats 20% of our inventory. Some of us have 10% some of us have 30%, but i honestly believe we can eliminate 20% of the current inventory.
Imagine the media coverage, "inventory shrinks by record amount", "the market is coming back", "get a house while you still can", "Obama saves the day!".
It's going to take us Realtors to turn this around, we can't wait on uncle Sam! Let's do it! Thats my $.02
Lee Bernick
Lee and Julie Bernick
ReMax Advantage Plus
Comments(5)