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The Market in the Main Line of Philadelphia, Pennsylvania

By
Real Estate Agent with Long and Foster Re Inc RS207329

Many buyers and sellers have asked my opinion on the Real Estate market.  My experience here in the Philadelphia Main Line has been more positive than negative.  The old adage " If priced right, it will sell" is all too true right now.  An example of this is a listing I had in Chester county, listed about $15,000 higher than its comps, A+ condition, decorated impeccably with warm colors and staged superbly brought 3 offers within the first week and sold for asking price with no contingencies on the home inspection.  I had been advised by local agents to list the property lower and was requested by the sellers to "try it " higher.  We did and to their advantage were successful.  Since it is still more a buyers market and the market is full of high priced homes, it is to the advantage of sellers now before summer to lower their prices which will be followed by a successful sale.  Good luck selling!

 

 

Ted Mackel
Keller Williams Realty Simi Valley - Simi Valley, CA
Simi Valley Real Estate Agent

Welcome to Activerain. Congratulations on your first post. That is a great way to start. Make sure to get around and check out other blogs so you can cut the learning curve!

May 14, 2008 12:58 PM
Keith Elliott Jr
KEIRE Realty Group - Manassas, VA
Principal Broker/Owner

Hello Kathy,

Welcome to Active Rain and congrats on your first post! The opportunities to learn and network are incredible here. Best of luck to ya!

 -Keith

May 14, 2008 01:40 PM
Bill Kennedy
Keller Williams Greenville Upstate - Greenville, SC
Homes For Sale Greenville SC

Welcome to Active Rain!  This is a great forum for learning as well as sharing. Just be careful - it can get addicting!!  Enjoy your time here.

May 14, 2008 04:03 PM
Bill Kennedy
Keller Williams Greenville Upstate - Greenville, SC
Homes For Sale Greenville SC

Welcome to Active Rain!  This is a great forum for learning as well as sharing. Just be careful - it can get addicting!!  Enjoy your time here.

May 14, 2008 04:03 PM
John Novak
Keller Williams Realty The Marketplace - Las Vegas, NV
Henderson, Las Vegas and Summerlin Real Estate

Welcome to ActiveRain, Kathy! It's good to read of buyers and sellers asking an experienced agent about the market rather than relying on the media. Your new blog is a great place to keep giving consumers valuable information.

May 14, 2008 04:57 PM
Dorene Shirley
The Mortgage & Property Connection - Campbell, CA
Silicon Valley Real Estate

Welcome to the Rain, make sure that you browse the site and become familiar with everything this site has to offer.  The more you browse the more you will learn.  I have found this site to be really helpful to me.  If you have any questions, please don't hesitate to email me, I will do whatever I can to help.

http://www.Doreneshirley.com

May 15, 2008 12:29 AM
Greg Steffens
Mountain Country Realty - Lake Arrowhead, CA

Welcome to Active Rain and congrats on your first post.  Be sure to spend some time looking around at what and how others are blogging here.  It is a great education and lots of fun.  Looks like you're off to a great start...keep it up!

May 15, 2008 02:39 AM
Rick Sergison
EXP Realty of Canada Inc., Brokerage - Pickering, ON
Durham Region Real Estate Blog

I just stopped by to welcome you to Active Rain. I hope that you find it a great benefit to your business and that you see the value that I have also found here. I am from Charlottesville Virginia and using Active Rain has really increased my business!

My main blog on Active Rain is here: Charlottesville Real Estate Blog, not the link at the bottom of this post. 

I hope you will look into the many groups as there are some great group both local and broad based,.... 

enjoy!

May 16, 2008 12:46 PM