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Old listings don’t die. They just fade away!

Reblogger Yvette Chisholm
Real Estate Agent with Long & Foster Real Estate, Inc. Assc Broker MD DC VA

You've simply got to get your home into the right condition or price range.   The buyers will never care what you need - they are trying to get the best deal and that means the best price.   The details are so important today, every little nook and cranny and the paint job and the absolute lack of clutter - really matters.   Pristine, Perfect, and Price.

Original content by Richard Weisser

Old listings don’t die. They just fade away!In today’s real estate market, there are only two kinds of sellers. Those that have the ability to sell at market price and those that do NOT.

Every seller wants to sell, but many are burdened by mortgages far in excess of the value of the property, or they refuse to accept the realities of the marketplace and their expectations are unrealistic.

There is however one inescapable truth: Unless the seller has the ABILTY to accept a market price the property will not sell. So the seller has two options:

They may either accept the fact that the property will not sell OR they must obtain the ability to accept a true market price. This usually will involve a short sale, which essentially means that the lien-holder will accept less than is actually owed on the mortgage.

It isn’t easy, and it requires extensive documentation and usually a lot of delays, but it can be done. And when the seller has the ABILITY to sell at true market price, the property will sell.

Otherwise, it will just fade away from the marketplace!

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All content, including text, original art, photographs and images, is the exclusive property of Coweta Fayette Real Estate, Inc., and may not be used without the expressed written permission of Coweta Fayette Real Estate Better Homes and Gardens Metro Brokers, Newnan Georgia. All information is believed to be accurate but is not warranted, Copyright 2003-2009. Richard Weisser REOS, E-Pro. licensed Auctioneer. 770-827-6225.
Learn more about Coweta County and Fayette County Georgia Real Estate, and to search the entire Georgia MLS for free with no registration required visit CowetaFayetteRealEstate.com! Photos of the Great Smoky Mountains National Park. North Georgia Photos.

 

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Posted by

Yvette Chisholm, Associate Broker, MD, DC, VAAlan Bruzee & Yvette Chisholm Alan Bruzee, Associate Broker, MD, DC, VA
Long & Foster Real Estate, Inc.
 Rockville/King Farm Office 301-548-9700
402 King Farm Blvd #150 Rockville, MD  20850

Telephone: 301-758-9500
 
EQUAL HOUSING OPPORTUNITY

www.BruzeeChisholm.com

 

Yvonne Van Camp REALTOR
To Buy and Sell Real Estate, see me at Southwest Missouri Realty - Springfield, MO
"Home"work, I have the Answers!

Do you want to be a Homeowner or a Seller?  It really is a simple question, and one that needs to be answered before putting the sign in the yard.  

Sep 16, 2011 01:50 PM
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

The short sale is an option, but one that will affect the seller's credit. Like you said, it also a lot of work for the seller. I have one short sale file that is over 6 inches deep. That's a lot of paperwork.

Sep 16, 2011 02:08 PM
Jennifer Chiongbian
Specializing in all types of Manhattan apts & townhouses - Manhattan, NY
Real Estate Broker - NYC

That's the problem.  They think their homes are worth far more than the market is willing to pay.  And when the shoe is on the other foot, they think they should be getting something for free!  Just not their property.

Sep 16, 2011 02:26 PM