Short easy read- and follow the link below to a REAL life estate lesson! Don't miss it!
Finding Buyers for a Diminishing Asset! Hard even on Craigslist? (abridged version)
Alright it's time to get real about the market... Some are finding the local market isn't as crazy about the product as they were just a few years ago.... the market's simply not being kind to the client's assets.. the lustful want is starting to wane....alas
THE SELLER STARTED OUT WITH A HOT PROPERTY fresh on the market
Time is taking its toil... and as the weeks and months past... the newly available comparables on the market are not only fresher & better looking but with owners willing to accept less dollars to make the deal..
Not only have they less age, but come with more curb appeal. The owners don't over estimate their value and know you have to be willing to give and take sometimes and maybe take a little less in the bargain...and are often nicer and a lot easier to deal with... too!
To put it simply, they are willing to negotiate and work toward a successful closing.
Even If that means putting out a little more for less money to close the deal.. so be it.
They realize by waiting around, their assets are diminishing by the day as their market value declines....
Now some just don't want to believe the new reality, but the financial experts are weighing in with their expert opinions... they've seen your property types go through these cycles many times over the years before.... with the same results.
What will THE SELLER do... it's soon going to need more repair ,maintenance , even maybe a remodeling face lift to stay current and somewhat competitive on the market. But the real age, even with a makeover, still shows.and that's yet another costly expense on a depreciating asset. That's only going to cost more as the years go by.
YET THE SELLER KEEPS INSISTING SHE'S GOT THE BEST ON THE MARKET AND WANTS A MUCH HIGHER PRICE!
Now where to find a Buyer? when you want a quick close..
Maybe it's time to TRY CRAIGSLIST!_________________________________
O.K. SO SHE TRYs GOING ONLINE AND PUT IN ALL OUT THERE for all to judge...
but it's a diminishing asset and before the seller can close and seal the deal...& turn the looker into the buyer....There's that BANK APPRAISAL! - the deal's value must be determined.
will it really be worth the payments.?... will the paperwork finally get signed, with the deal finally consummated ? or will the seller just have to lease out those depreciating assets.
Go check out the result! Here's the link:
Just come back and let me know if you 'enjoyed' this depreciating assets tale. Read it! Trust me there's a beauty of a real estate lesson in there.. maybe if she had only used a good agent?