In the Lake Chelan area, we've been very fortunate and seen few foreclosures. But, we are seeing a trickle now and they are causing some disruption in the market. I have been talking with some folks who are worried about the ability to sell their homes with the competition from foreclosures.
Fear not! I wrote a post on my outside blog on just that issue:
Even in the most difficult markets, like Phoenix and Las Vegas, there are people getting their homes sold in short timeframes. In those markets, over half the sales are foreclosures! So, the first step is not to fear, it can be done.
Those sellers and agents that are getting the job done basically leave nothing to chance. The research the market and make sure that the buyer who may be in the market for their home is virtually compelled to buy it. They have a strategy, a comprehensive marketing strategy.
While the entire home marketing strategy has much more detail, its essence can be boiled down to: If a home is priced to the market, if it is repaired and staged to excellent condition and if it is promoted properly to the marketplace it will sell. Quickly and for the highest attainable price - to highly-qualified buyers. -PropertyChelan.com
Read the link for more details!
Comments(0)