Don’t Believe the Hype

By
Real Estate Agent with RE/MAX Alliance - Louisville REALTOR-Luxury Homes

 

The Big East is the toughest conference in college basketball.  Every talking head with a microphone has been spouting this bit of conventional wisdom since the season tipped-off last fall.  Over time, the collective psyche of the public (or at least the gambling public) was influenced.  The perception of dominance was reflected in Vegas odds and in hundreds of thousands of tournament brackets.  But, perception met reality in over the last few weeks.  As anomalies turned into trends, recycling bins overflowed.     

Were the teams overmatched? Over-rated? Or did they simply believe the hype and forget the game is decided on the court?  It doesn’t matter.  Seven of eight entrants are now sitting at home, with only West Virginia representing the conference well.

When you prepare to sell your Louisville home, you need to take your competition seriously.  Winning in this market requires attention to detail on price, preparation and promotion.  If you don’t stack up in any one of these phases, it’s game over.   

Home buyers aren’t exempt from the hype either.  After being inundated for months with stories of others buying homes for pennies on the dollar, it’s easy to believe you can’t make an offer low enough.  In Louisville, this perception can lead to a Georgetown vs. Ohio reality check.  Louisville is the second most stable housing market in the country.  Many areas are appreciating and most home sellers are not giving their homes away.

How do you avoid a Big East style meltdown? 

You find a Louisville real estate agent who understands the market.  Someone who can provide you a scouting report and a game plan.  If you are listing your home, you need an agent who knows how to price your house and how to use the internet to market it for sale.  Buyers need an agent who not only understands their needs and wants, but who will prepare them to act when they find that perfect house.

When you’re ready to enter the Big Dance of real estate, call 502-921-3989 or email me.  Either way come to play and play to win.

 

**Photo courtesy of WNPR Connecticut.

* * * * *

Erik Hitzelberger is a licensed REALTOR with RE/MAX Alliance in Louisville. If you need a Louisville Real Estate agent please email me or call 502.921.3989.

I specialize in the following areas of the Metro Louisville Area: Prospect, Middletown, Jeffersontown (J-Town), Fern Creek, Okolona, Shepherdsville, Mt Washington, Hillview, Brooks and Pewee Valley.  Click the following links to learn more about Louisville and Bullitt County Real Estate or to Search for Louisville Homes 

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Comments (5)

John Thomas
E3 Green HOMES - Boulder, CO
EcoBroker, MSEE, MBA

I went to high school in Paoli Indiana just 50 miles north of Louisville...Basketball is like a religion there. I haven't followed it much in recent years.

Mar 27, 2010 04:45 PM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Eric - Thank you for sharing an informative and helpful blog.

John

Mar 27, 2010 05:38 PM
Charles Stallions Real Estate Services
Charles Stallions Real Estate Services Inc - Gulf Breeze, FL
Buyers Agent 800-309-3414 Pace and Gulf Breeze,Fl.

So true, it is settled on the court. The media makes believers of us all I guess.

Mar 27, 2010 06:22 PM
Bill Gassett
RE/MAX Executive Realty - Hopkinton, MA
Metrowest Massachusetts Real Estate

Is picking the wrong Realtor kind of like going to the dance and getting knocked out quickly:)

Mar 27, 2010 11:55 PM
Erik Hitzelberger
RE/MAX Alliance - Louisville REALTOR-Luxury Homes - Louisville, KY
Louisville - Middletown Real Estate

John T.- Lol.  It's not like a religion.  It IS a religion.

John P. - You're welcome.  Thanks for reading.

Joyce - So true.  The key is to stop and figure out whether the reality of your market matches what you are hearing before it's too late. 

Bill - Not just getting knocked out quickly, but being embarrased while doing so.

Mar 28, 2010 01:22 AM