HAVE BUYERS BUT NO INVENTORY!

By
Real Estate Agent with Prudential Florida WCI Realty

WHAT'S AN AGENT TO DO???

Buyers are coming back, but inventory is soooo limited.  If the buyer is not a canidate for a foreclosure or short sale; there's not much to show.  Our market is a forelosure/ short sale market,.  Sellers don't want to compete with those foreclosure prices, so they're holding off.

Last week-end my phone began to ring and when the sun rose on Monday, I had  4 new buyers.  One was looking for a foreclosure.  Another couple had sold their home in just 8 days, so we had not had time to explore the market.  Now their home is sold and there are just a handful of home on the market  that met their criteria.

A young  couple wants to buy a second home about a 2 hour drive from their current home so they can be closer to their work.

The fourth one is a first time buyer wanting to take advantage of the FIRST TIME  BUYER'S  TAX CREDIT.  As you know, we have to find THE house, get financing & close by November 30 for them to get the credit.

I'm certainly  NOT complaining; but it'd be nice if I had more inventory.  I always  go  directly to the MLS system and show every listing, regardless of whose listing it may be.

SO, PLEASE, SELLERS.  WE NEED YOU. IF YOU ARE INTERESTED IN SELLING YOUR HOME, CALL ME!

954-850-3920, erealtor2000@yahoo.com, www.parklandlifestyles.com

Comments (1)

Susan Neal
RE/MAX Gold, Fair Oaks - Fair Oaks, CA
Fair Oaks CA & Sacramento Area Real Estate Broker

Hi Elaine - Your market sounds like ours last year.  The past few months especially we are finding more good old-fashioned seller to buyer sales.  I currently have a seller listing and a short sale listing, and I'm working with two buyers:  one in escrow on a seller sale and the other waiting for lender approval on a short sale purchase.  I will be signing another listing in a few days that is a regular seller, and probably another short sale listing coming up too.  So for me right now it's 50% regular sales.  More and more now the regular sellers are coming back, and I'm sure that will begin to happen in your area too.  So hang on!

Aug 15, 2009 02:12 PM