We told you and now SOME are regretting it

By
Real Estate Agent with Benchmark Realty

The age old expression "Now is the time to buy" has been worn out by Realtors in ANY market it seems. I have heard from many "buyers" that they are sick of hearing that phrase. 

I know that Realtors are salespeople and WANT clients who are ready to buy. That in turn can give the impression of desperation and possibly trying to make ANY market look like "Now is the time to buy". 

Just within the past two weeks I have had several buyers state that they wished they had bought LAST MONTH when interest rates were in the 4's.Silly cat You read correctly.... buyers who basically told me "We wished we had listened". Some of these same buyers are also first time buyers and of course could have added an $8,000 check to sweeten the pot. Just within the past two weeks I have now picked up past clients who were looking at one time but decided to wait out the interest rates to hit rock bottom. 

You won't hear me quote anything about "Now is the......" on this blog. I think with the fact that the $8,000 tax credit runs out on November 30th and rates STILL in the 5's that the common sense will speak for itself.

Agents' mindset shouldn't be "salespeople" as much as it should be "Educators". 

Stephen Strickhausen

Keller Williams Realty

9175 Carothers Pky Suite 110

615-778-1818

Sstrickhausen@gmail.com

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Rainer
106,878
Jennifer Kinzle
Charles Rutenberg Realty - Elgin, IL
Realtor, e-PRO, SFR

Absolutely!  My buyers in Elgin, IL are sitting on fences and one by one they are getting picked off.  I've heard every excuse in the book in this market, rates are too high, rates will go lower, the bottom hasn't hit yet, I don't have 3% downpayment, I don't have closing costs, and every single time, the same answer: If you wait too long, you have missed the opportunity!  This is a never-been-seen-before-only-until-November-offer get out there and BUY!

Jun 22, 2009 09:01 AM #1
Rainmaker
107,338
The 1410 Group of Benchmark Realty, LLC
Benchmark Realty - Franklin, TN

Jennifer, 

Thanks for the response. You are absolutely right! I look forward to the next few months:)

Jun 22, 2009 09:08 AM #2
Ambassador
2,224,974
Wanda Kubat-Nerdin - Wanda Can!
Prado Real Estate South - St. George, UT
So Utah Residential, Referral & Relocation REALTOR

Stephen, I can hear the hands hitting the foreheads....do you hear them?!

Jun 22, 2009 10:01 AM #3
Rainmaker
107,338
The 1410 Group of Benchmark Realty, LLC
Benchmark Realty - Franklin, TN

I hear them and see them!!

Jun 22, 2009 01:01 PM #4
Rainmaker
920,697
Larry Brewer - Benchmark Realty llc
Benchmark Realty LLc - Nashville, TN

Stephen - Cowards are always late to the dance.

Jun 22, 2009 02:28 PM #5
Rainmaker
396,200
Mark Brian
Silver Star Real Estate LLC - Anderson, SC
Anderson SC Realtor

Hindsight is always 20/20 isn't it? The nice thing about it, for the moment anyway, is it is not too late!

Jun 23, 2009 01:23 AM #6
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Rainmaker
107,338

The 1410 Group of Benchmark Realty, LLC

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