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Dorothy, You're not in Kansas anymore!

By Tish Lloyd

Real Estate Agent with BlueCoast Realty Corporation

June 08, 2011 12:32 AM

Dorothy, You're not Kansas anymore!

All over the Country, REALTORS® are hearing these words -- "I want a steal".

Illustration from original Wizard of Oz book Of course, what constitutes a steal in one area, may not in another. For example, many of the homebuyers I work with in Wrightsville Beach, Carolina Beach and Kure Beach are coming from out of the area. Areas like Charlotte, Raleigh, Washington DC & Philadelphia. Areas where the real estate market is nothing like the real estate market in Southeastern NC.

If you're coming from the Washington DC area, where the real estate market has remained stronger than much of the Country - then you'll recognize the great deals you can get in Carolina Beach NC. If you're coming from an area where there are more foreclosures than regular sales -- you may not feel like our prices in Wrightsville Beach NC are all that and a bag of chips. Doesn't mean they aren't, just means our real estate market is different.

The key is to find a REALTOR® you trust and pay heed to their advice. It cannot be said enough -- REAL ESTATE IS LOCAL. And the best way to "get a steal" in today's real estate market is to work with a REALTOR® who knows the area you're buying in.

If you're looking to "get a steal" in Wrightsville Beach, Carolina Beach or Kure Beach NC, give me a call. I know the area and I know how to negotiate the best deal for YOU!

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Sheila Anderson

Referral Group Incorporated - East Brunswick, NJ

The Real Estate Whisperer Who Listens 732-715-1133

Great post Tish. All real estate is local and having a strong and honest agent is key.

Jun 08, 2011 12:34 AM

Ron Marshall

Marshall Enterprises - Saint Michael, MN

Birdhouse Builder Extraordinaire

Tish, I saw the Case-Schiller report yesterday in graph form. DC is kicking butt! As Sheila said, real estate is local. Find a GREAT agent!

Jun 08, 2011 12:37 AM

Debbie Gartner

The Flooring Girl - White Plains, NY

The Flooring Girl & Blog Stylist -Dynamo Marketers

Very well said, Tish. You definitely need a local expert and you are the go to girl.

Jun 08, 2011 01:06 AM

Anita Clark

Coldwell Banker Access Realty ~ 478.960.8055 - Warner Robins, GA

Realtor - Homes for Sale in Warner Robins GA

Amen and Amen! Just because TV programs show people getting "steals of the century" doesn't mean those same deals exist everywhere.

Jun 08, 2011 01:20 AM

Dorie Dillard Austin TX

Coldwell Banker Realty ~ 512.750.6899 - Austin, TX

NW Austin ~ Canyon Creek and Spicewood/Balcones

Good morning Tish,

No truer words spoken! Real Estate is local and the only way to get the "scoop" is to partner your self with a professional experienced agent who knows the market!

Jun 08, 2011 01:29 AM

Tom Bailey

Margaret Rudd & Associates Inc. - Oak Island, NC

Great post and so true. I have client right now from out of state that is being completely unreasonable about what things are worth here. I have sent the client numerous comps and still he wants to offer half the listing price for everything.

Jun 08, 2011 01:35 AM

Charita Cadenhead

eXp Realty - Birmingham, AL

Serving Jefferson and Shelby Counties (Alabama)

And if you are coming from California to anywhere in the south....EVERRYTHING is a steal. Good point Tish. Buyers have to take the local information and apply it to that market. Real estate statistics are NOT across the board by any means.

Jun 08, 2011 02:10 AM

Leesa Finley

RED Properties - Wake Forest, NC

RED Properties - Raleigh NC Real Estate

Spot on, Again, Tish! Real Estate is TOTALLY local and it is best to find an experienced and dedicated agent like YOU to help get through all that is available to find that just right property and a just right price!

Wake Forest NC House Chick

Jun 08, 2011 02:21 AM

Liz and Bill Spear

Transaction Alliance 513.520.5305 www.LizTour.com - Mason, OH

Transaction Alliance Cincinnati & Dayton suburbs

Tish, Hopefully the buyers don't let the pursuit of the steal get in the way of getting the right home!

Jun 08, 2011 04:02 AM

Liz and Bill Spear

Transaction Alliance 513.520.5305 www.LizTour.com - Mason, OH

Transaction Alliance Cincinnati & Dayton suburbs

And a "d'oh" moment for me earlier!

CONGRATULATIONS ON THE 300,000 point mark!! Quite the achievement in less than a year of blogging!!!

Jun 08, 2011 05:27 AM

Ilona Matteson

Beach Realty & Construction on the Outer Banks of NC - Duck, NC

Ilona Matteson

Exactly! I experience the same thing here on the Northern Outer Banks.

Jun 08, 2011 06:52 AM

Christine Smith

Buyers Brokers Only LLC - www.BuyersBrokersOnly.com - Canton, MA

Exclusive Buyer Agent & Attorney, Canton, MA

Excellent point! And to echo what Charita said, if you're coming from metro-Boston area, most prices in the south are going to sound like a steal too.

Jun 08, 2011 08:06 AM

William Feela

WHISPERING PINES REALTY - North Branch, MN

Realtor, Whispering Pines Realty 651-674-5999 No.

Not everyone is getting a stea, if they were it the steasls would just be a common sale. Compared to 4 yreas ago, most properties are a steal.

Jun 08, 2011 09:29 AM

Lisa Orme

The Master's Key Realty LLC -Windsor, CT - HARTFORD COUNTY - Windsor, CT

Broker/Realtor, ABR, CRS,GRI, PSCS, SFR, Notary Pu

Tish, I agree wholeheartedly, the best way to "get a steal" -- or even just a GOOD deal -- in today's real estate market is to work with a REALTOR® who knows the area you're buying in AND to listen to them. Unfortunately, there are still buyers who will second-guess much of what their agent tells them and miss out...

Jun 08, 2011 10:26 AM

Tish Lloyd

BlueCoast Realty Corporation - Wilmington, NC

Broker - Wilmington NC and Surrounding Beaches

Sheila ~ thanks, I agree.

Ron ~ I didn't see it, but always put great stock in their reports -- they do such a great job!

Debbie ~ Finding your very own local expert is critical IMHO; thanks.

Anita ~ Don't you just want to say: "Get real!"

Dorie ~ I'm with you!

Tom ~ Just had someone of the same mind -- no sense wasting her time or mine . . .

Charita ~ Well said; thanks.

Leesa ~ It's all about listing to your LOCAL Expert. Thanks for the kind words -- hope you'll be ready for Friday . . .

Liz & Bill ~ I've certainly been seeing it far too often. Thanks -- would never have gotten to 300k if not for your encouragement and help --

Jun 08, 2011 01:44 PM

Tish Lloyd

BlueCoast Realty Corporation - Wilmington, NC

Broker - Wilmington NC and Surrounding Beaches

Ilona ~ Too many with this mindset . . .

Christine ~ It can really be a reality check when moving from one area to another.

William ~ I agree; excellent points.

Lisa ~ I'm afraid that is so true

Jun 08, 2011 01:47 PM

Roger D. Mucci

Shaken...with a Twist 216.633.2092 - Euclid, OH

Lets shake things up at your home today!

You've got to know and trust who you're working with..............and make sure it is someone who knows the area inside out...............like you Tish.

Jun 08, 2011 01:53 PM

Lora "Leah" Stern 914-772-4528

Coldwell Banker, 170 N Main Street, New City NY 10956 - New City, NY

Real Estate Salesperson

Real estate is definitely local and working with a local resident expert (like you) is key.

Jun 09, 2011 07:24 PM

Lora "Leah" Stern 914-772-4528

Coldwell Banker, 170 N Main Street, New City NY 10956 - New City, NY

Real Estate Salesperson

Oh, and BTW, congrats on crossing that 300,000 mark. I'm in awe that you managed achieving that in under a year!

Jun 09, 2011 07:26 PM