market data: Let me spell it out for ya! P R O P E R P R I C I N G!
- 07/21/07 07:37 AM
Howdy my friends and future customers. Today I want to write a little bit about proper pricing and what happens to your property if you don't get the pricing right, right from the get go. I wrote a post last August about a listing appointment I went on, it was titled "Counting the chickens before they hatch". This particular listing appointment came from one of my expired listing letters and I knew before I went that it was going to be difficult to get it priced properly. It was overpriced by about $65,000. You can read my prior post if you … (47 comments)
market data: Let the games begin!
- 10/16/06 10:56 AM
Let the games begin! Ok, so I just received a call today. I’ve kind of been expecting it but was hoping it wouldn’t come for a while. The call I received was from an Appraiser. Now, since I sell a lot of properties in my market, I get one of these about every week, asking me about a recent sale, so they can use it in their appraisal. I always try to answer any of their questions and try to be as helpful as I can. Why? Because I want to be the “go to guy” in my market. Also, Appraisers buy … (85 comments)
market data: Inventory plummets in Poinciana Fl !
- 07/27/06 09:58 AM
Yes, you read that right! Inventory in Poinciana, Fl has plummeted. Last week there were 1,450 homes on the market and today..........1,429!! Yes it's true. It is now a Seller's Market in Poinciana, Fl. Never mind that we have 11 months worth of inventory on the books. It dropped! I am going to call all my Sellers right now to increase the price on their homes. Maybe I should send off a press release. Oh wait a minute I just got the foreclosure list. Never mind. … (2 comments)
market data: Has your "flip flopped?"
- 07/24/06 12:14 PM
Had one of my Investor customers call me last week wanting advice. He has a $30,000 deposit on a house that will be completed next month. At that time he must come up with another $50,000 to close. He bought this house with the sole intention of “Flipping” it for a profit. Thankfully I wasn’t the one who sold him this house. He made the mistake of getting in on this subdivision to late in the game. He also bought the largest model in the community. Never a good thing. I pulled up the community of about 600 homes and found … (5 comments)
market data: Make your listing presentation a listening presentation
- 07/18/06 08:04 AM
In my market Poinciana, Fl I have been listing and selling homes for 12 years. When I first started out here there were 6,000 people and only one local Real Estate Company. I didn’t consider myself a company back then since I worked out of my house and was a one man show. Still am. Over the years I have been able to establish myself as the top listing agent in this community. By this I mean I have the highest number of sold listings (single family homes) in any given year. During the last 4 to 5 years Poinciana has … (44 comments)
market data: Has the bubble burst? Or is it just slowly deflating?
- 07/08/06 02:11 PM
My market area is Poinciana one of the fastest growing PUDs in the country located in Kissimmee,Fl. As of this morning there were 1434 homes on the market in our two zip codes ranging from $135,000 to $650,000. Twelve months ago there were approximately 250 homes on the market. Where have all the Buyers gone? Have they floated away? Or are they just letting out a deep breath after a hectic buying frenzy? Based on what I am seeing they are still here but spending more time weeding through all the overpriced properties trying to locate the Sellers that need to sale. Poinciana like many … (44 comments)
Howdy my friends and future customers. Today I want to write a little bit about proper pricing and what happens to your property if you don't get the pricing right, right from the get go. I wrote a post last August about a listing appointment I went on, it was titled "Counting the chickens before they hatch". This particular listing appointment came from one of my expired listing letters and I knew before I went that it was going to be difficult to get it priced properly. It was overpriced by about $65,000. You can read my prior post if you … (47 comments)
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