Buyers Beware!

By
Managing Real Estate Broker with Flexit Realty "Flexible Home Selling Solutions"

Buyers wanted...preferably alive!  The old Steve McQueen program "Wanted Dead or Alive" emplifies how some dead or alivesellers and seller agents are feeling these days.

Homes are selling.  If you do not think buyers are buying look at your local MLS statistics.  You can quickly identify where and for how much with a little research.  If you have a listing in an area where other homes are selling and your listing is not getting showings what does that tell you?

I have some seller meetings of my own scheduled for this week.  I am giving them the updates on the market and where their home sits within their market area.  They want to sell...I want them to sell....so now we have to help each other meet our mutual goals.

So Buyers Beware...sellers on the prowl offering great home purchase values, some have warranties too!  Buyers want to see properties that are priced right. 

One of my goals is to reward my sellers with a sale.  Builders and sellers are more open to negotiations now than they have been in years.  My buyers are anxious to buy...but they have to find the right property priced right for the market.

Sellers have to be more aggressive to get more showings.  With the number of homes that are on the market only the homes priced right for the market are going to get multiple offers.  All the other homes will be passed by..and will linger on the market...until the seller accepts or understands the conditions required to make their listing competitive.

None of this is a news flash to most of us....but I still see many homes that should have sold months ago...lingering on the market like a cloud of smoke on a still day.

We have to have common goals.  As sellers agents we have to educate and help our sellers understand the market...and defend a property that is priced right.  As a buyers agent we have to help our buyers get the best value possible and help them achieve their goal of purchasing.  Sometimes this means telling them the truth...the low offer could mean someone else will be living in that home you love.logo

Buyers Beware....there are some great deals out there with financing to match.  Call me or one of the local experts in your area if you are not represented so you get the best possible opportunity to find the home of your dreams.

Click here: search homes in the Grand Rapids Area

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Rainmaker
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Chuck Carstensen
RE/MAX Results - Elk River, MN
Minnesota Real Estate Expert

The buyers are out and about.  I think it will pick up more after Easter!

Mar 23, 2008 11:23 AM #1
Rainmaker
1,317,601
Joan Whitebook
BHG The Masiello Group - Nashua, NH
Consumer Focused Real Estate Services
Gary -- this post could apply to almost any area.  I think buyers and sellers are working better to get deals together.  I just wish that some would not take over-priced listings -- it makes the process very difficult.
Mar 23, 2008 11:23 AM #2
Rainmaker
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Gary White~Grand Rapids Home Selling Pro Call: 616-821-9375
Flexit Realty "Flexible Home Selling Solutions" - Grand Rapids, MI
Real Estate Services You can Trust!
Hi Chuck, I have been seeing more activity...of course we are thawing now too!  Thanks for the comments Chuck.
Mar 23, 2008 12:05 PM #3
Rainmaker
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Gary White~Grand Rapids Home Selling Pro Call: 616-821-9375
Flexit Realty "Flexible Home Selling Solutions" - Grand Rapids, MI
Real Estate Services You can Trust!

Hi Joan, hope you had a nice Easter.  I think education on pricing for market conditions is still a key issue Joan.  Thanks for the comments.

Mar 23, 2008 12:07 PM #4
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Rainmaker
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Gary White~Grand Rapids Home Selling Pro Call: 616-821-9375

Real Estate Services You can Trust!
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