Multiple Offers ! What is going on?

By
Real Estate Agent with Coldwell Banker Burnet

The media paints such a depressing picture of the Real Estate market.  Boy!  My business is going through the roof! Last week I had 2 listings sell. One was in multiple offers. I had on buyer sale and almost had a second one but lost it in multiple offers(3rd time with this couple.).  Property is selling and the buyer activity is picking up. 

           The homes that are selling have two things in common:

 

  1. The properties are staged and conditioned to sell. The sellers of these homes have taken the time to prepare their home and utilized professional stagers. None of these homes have clutter, the carpet has been replaced, and walls freshly painted.
  2. The  ellers and agents are pricing these homes at market pricing or slightly bellow the market.  The results are outstanding.  The couple i menioned before lost a home that sold for 21k over list price. The Listing agent postioned the home as an outstanding value.

The sellers that understand Market Dynamics and are willing to listen to their expierenced professional agents are getting their homes sold.  It is funny that the media never tells the other side of the story.

 

 

 

Comments (2)

Mario Levesque
Advantage Avenue Real Estate - Wesley Chapel, FL
Tampa Realtor

Hi David,

Welcome to the ActiveRain Blog network. 
Shortly after I started blogging on Active Rain, I started having questions on how to do things and could not find the "Operating Manual".

I asked some questions to other bloggers and soon realized the the power was in the network since most questions had already been answered by other users more familiar with this website.

If you find yourself in this situation, and need to know how to do things, visit the post below and you will find tips, info and many features of ActiveRain that have been documented by other members.

   Instructions, Getting Started on ActiveRain Blog community, Google Ranking, Networking info
Nice having you on board,
Mario

Feb 23, 2007 04:50 PM
Kathleen Lordbock
Keller Williams Realty Professionals - Baxter, MN
Keller Williams Realty Professionals

Thank you thank you - you get it.

Home staging is not the one factor that sells a home but it is a major player.

Now if we could just convince other Realtors to let us join the team .

Apr 14, 2007 02:02 AM