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Buy now? Sure! How about selling?

By
Real Estate Agent with R.I.M. Realty

This morning's headline in the Benton County Daily Record: "Experts: Buyers Benefit."

Median home prices in Benton and Washington counties in Northwest Arkansas are at a 7 year low. What a great time to buy a home! Ok, interest rates are at an all-time low and home prices have dipped, so it's easy to see that purchasing a home makes sense.

But what if you are a seller?

Well, that depends on many things. If you have equity in your home, if you are buying somewhere else, if you have your relocation expenses subsidized, and if you take care in home staging and presentation, you are still in a good position to sell!

After several years in real estate sales I'm convinced that more sellers leave money behind by poor home presentation than almost anything else. Agents, home stagers, and sellers all working together can add $10,000 in value just through appearance (outside and inside). And so many of these efforts to add appeal are nothing more than elbow grease and consistency from showing to showing!

Want to learn more about home presentation? Looking to buy? Call me anytime!

 

Rita Fong
RE/MAX REAL ESTATE TODAY, Executive Broker 901-488-9590 - Marion, AR
Realtor - Marion Arkansas Homes for Sale

Dan, that's right.  Lots of time sellers ask me if it is a market favors buyer, how is it going to help them to sell their house.  Answer is to PRICE IT RIGHT from the get go, stage it well, it will sell.  Sellers need to trust their agent's advice, it is a team's work if they want a result.

Aug 04, 2010 04:27 AM
Rita Fong
RE/MAX REAL ESTATE TODAY, Executive Broker 901-488-9590 - Marion, AR
Realtor - Marion Arkansas Homes for Sale

Oh, BTW, welcome to Active Rain!

Aug 04, 2010 04:27 AM
Dan Schwieder
R.I.M. Realty - Farmington, AR
Dan Schwieder - Broker

Rita,

Thanks for the affirmative comments. I hope your business is doing well over there on the east side of our state. Here in the Northwest it is a little slower than agents want to confess. Home prices will see downward pressure here for a least three more years (I think). I'm not a prophet, I just want to have perspective based in reality and therefore help my clients.

Good luck to you!

Aug 04, 2010 07:10 AM
John Howard
Century 21 LeMac Realty - Mountain Home, AR
GRI, Mountain Home, Arkansas 870-404-3614

Dan,  A really good post!  Sorry it took me so long to find it.  Keep writing...Have a great week!

Aug 05, 2010 03:21 AM
Dan Schwieder
R.I.M. Realty - Farmington, AR
Dan Schwieder - Broker

Thanks for the hand shake, my friend! Best of luck as you work the Mountain Home area!

Aug 05, 2010 06:46 AM