I can get you a "A DEAL" YES -" A STEAL" -NO, NOT IN TODAY'S MARKET!

Reblogger MaryKay Shumway
Real Estate Agent with The Kellstrom Ray Agency, Inc. (Est. 1948)
https://activerain.com/droplet/424p

I'm choosing to follow up on an article from one of my fellow Realtors.  Even in a Buyer Market (which is what Door County is right now), I can get you a deal--yes, some great deals--but not a "steal" in today's market.    We price our listings here to sell, based on MLS comparables--and we have to be careful to ensure that our listed properties appraise out.  As such, we HAVE done our due diligence.  While some homes, condominiums and vacant land remain overpriced based on recent sales--many are not.  Be ready for a deal--but there isn't much "stealing" going on with Door County properties.  Check our our inventory and the entire MLS at http://www.door-county-properties.com  And since there are some great bargains out there, and some fine interest rates, it's a great time to be a buyer here.

Original content by Maureen Dunn

I can you a DEAL in todays market but just not a STEAL!

 

The shortage of "re-sale" or " seller owned "  homes on the market makes it a definite "Seller's Market."  It is the simple law of "Supply and Demand"  which boils down to the shorter the supply the more it is in demand.

So my buyer friends please try to understand that "YES" I can get you a deal but "NO" you can't steal it from the seller.  In other words, I can negoiate a price that is a real deal, however I cannot secure an upgrade allowance, some of the furniture from inside, most of the furniture from outside, your closing costs and pre-paids, and " by the way a Platinim Home Warranty would be good too!" kind of STEAL.    Not gonna happen buyer friends.

 

In today's market smart listings are "price positioned" to be competitive with what similar houses are priced so that they sell quickly.  These listings have agents that made sure the house was move in ready - patched, primed, and painted.  The appliances are new or newer and working with energy star performance.  The price per square foot was narrowed down to the square inch!  The yard was groomed and greened and pedicured with just the right amount of blooming blossoms and shady trees.  Mainly maintence free.

Ensuring that more than one person with a nice family deserves this house and can easily afford to buy it at that price.  That way the seller doen't sweat the appraisal value coming back low.    The buyer gets instant equity with that homeIf it comes out a little high.  So "Yes" today I can get you a good deal but  "No"  we won't "Steal" it. 

Cause buyer buddy you have got to come off of some of that money that you are sitting on if you got to have the house!  Maybe you will see that it is Worth the time if takes you to complete the upgrades that you want,how you want them done, when you are able to get to them YOURSELF!  DIY One room at a time. Have it your way. Just not today - I can get you a deal but no they are not giving it away - so you can't get a steal.  This market is not desparate like the others, the sellers know their houses value and their price is fair.  It's not a jungle out there, no need to take the machetes just your wallett and a couple smiles.  One to give and one to take and reach out with a hand to shake -lets make a deal (offer!)

 

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Location:
Wisconsin Door County
Groups:
Investors
Local Expert
Advice for Buyers
Tags:
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Rainmaker
656,917
Joetta Fort
The DiGiorgio Group - Arvada, CO
Independent Broker, Homes Denver to Boulder

Homebuyers who haven't been paying attention are in for a 'wake up' call.  Then again, there were very few 'steals' in my market, even at the worst of it.

Aug 19, 2013 01:27 AM #1
Rainmaker
514,643
Elva Branson-Lee
Solid Source Realty GA - Atlanta, GA
CDPE - Atlanta Real Estate & Short Sale Agent

Yes, ma'am, MaryKay, the days of the real estate steal have come and gone...again. But who wants to be a thief anyway when you can be fair and get a great bargain in the process? Everybody's happy.

Aug 19, 2013 12:36 PM #2
Rainmaker
1,120,544
Laura Allen, Lake Tahoe - Truckee Real Estate for Sale TahoeLauraRealEstate.com
Coldwell Banker, Tahoe City, CA (530) 414-1260 - Tahoe City, CA
Tahoe Real Estate Agent Helping Buyers and Sellers

MaryKay - Great information to share with Door County buyers.  Buyers are happy with today's market climate and tone - things are better, but they still want those prices from 2-3 years ago.  No risk, no reward - a deal yes, but no to a steal!

Aug 19, 2013 01:10 PM #3
Rainmaker
620,990
MaryKay Shumway
The Kellstrom Ray Agency, Inc. (Est. 1948) - Sister Bay, WI
Door County Wisconsin's Real Estate Expert

Joetta:  I have had a lot of wake-up calls lately.  Not as frustrating as 2011, but close!

Elva:  I need to stress "fair" and get a great bargain, because that is the name of the game right now.

Laura:  Thank you, as always, for reading.  Our prices are still declining and people STILL want to steal homes.

Aug 20, 2013 02:18 AM #4
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Rainmaker
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MaryKay Shumway

Door County Wisconsin's Real Estate Expert
BUYING or SELLING a Door County Property? Call Me Today!
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