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Forever True: Buy Low. Sell High

By
Services for Real Estate Pros with BestHomePro

Consumers, and even agents feel low these days because we are in a recession and home values are down from where they were two years ago.  If you are trying to sell, that certainly is a problem, but if you or your clients are in the market for a new home, now may be a great time to buy.

Research has shown that with the stock market, a vast majority of small investors hold back from buying when the market is low ("ah, things are really bad in the market!") and they tend to buy when the market is near the peak.  Is this not true in real estate?  When the market was "hot," buyers were lining up to get the deal because they were afraid they would completely miss the increasing investment values.  Well, many bought near the top of the market and now are severely burned.

Remind your customers that "smart money" buys low and sells high.

Read more in my BestHomePro blog post, Simplel Economics...

By the way, we are looking for a few great agents who want to work with knowledgeable consumers in a whole new way.  Our IDX offer is FREE and you never pay for a lead unless THEY select you.  Check it out at MarketPlace.

Thanks

 

Jeff Johnston

 

Comments (1)

Hannah Williams
HomeStarr Realty - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-820-3376

Jeff..   How true.... But I will say this $8000 tax credit has helped in my market place

Mar 03, 2010 07:14 AM