Good News for Sellers, Buyers and Realtors!

By
Real Estate Agent with Long and Foster Real Estate, Inc.

There's nothing but good news for Buyers this year and a time of assessment for Sellers.  We are still in a Buyers market, and the Sellers are recuperating from the fast moving market they were caught up in from 2000 to 2005.  The real estate market has gone through a reality check.  We are now experiencing a normal market. Houses before 2000, never sold overnight, unless there were special conditions involved.   The norm was always 3-6 months or more.  Buyers do not feel the pressure of buying a property now.  They can take there time and check all of the inventory available. At Long and Foster Moorestown, I have spent an enormous amount of time and energy to inform my clients about the market, by continuing my education and sending them useful information.  I personally send out "Items of Value" to my clients each month.  Consumer information regarding updating and general maintenance of their property has been a valuable tool for my clients.  I also send out information regarding what they can expect after remodeling certain areas of their home. I let them know that remodeling and continuing to live in the property, has a certain amount of depreciation toward what they want to ask for the sale of their property.  It's only if the home remodeling is for selling the property, that the Seller can expect more of a return.  This year will probably be another transition year for Realtors, Sellers and Buyers.  The market will be slow to upturn, but it gives the Seller time to do some of the things they have wanted to do regarding remodeling.  The joy of having a home sell itself to the Buyer, is all I work for each year.  And although the my job is to expose the property to the full extent that I have available to me, the bottom line is, the property has to sell itself.  I believe that every home has a Buyer and a Seller looking for a new home.  I love what I do as the negotiator for Sellers and Buyers.  In a world of discount everything, I believe that the Realtor can never have their worth discounted in any sale.  Peace! 

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