How can it be the BUSIEST market and the WORST market at the same time

By
Real Estate Broker/Owner with Godzyk Real Estate Services NH License 033394

An interesting thought I put before you today. Yesterday while at a local event, I ran into lots of local people. As always, most people ask "How is the Real Estate market?" Last week was one of the craziest and busy weeks of the year. As I talked about what a great busy fall market we are experiencing, someone loudly disagreed.

 

Their agent told them the market has slowed. That the there is not as many buyers as there once was. That the market was saturated with homes not selling. I looked up, glanced left and then right to see if he was talking to me. Yes, he was. What market is he talking about, because that is not what I am seeing in our market.

 

So I asked him.... He told me that his home is on the market here in the Manchester area. It has been for sale for 4 months. He said showings are stagnant at best. That his agent has told him how bad things are getting.

 

I was standing tall now. He had my attention. The fall market has been one of the best I have seen. There is no shortage of new buyers coming into the market looking at my new listings. Interest rates are near 1% lower than last year at this time. With my last 3 listings, the last sold in less than 24 hours, the 2nd under 2 days and the third,  2 weeks for the longest time frame. 

 

That seller stood firm that the market stunk. That there was more homes for sale than ever. I interrupted him and said that in part is true, in the sense we are seeing more homes come on the market as people buy bigger homes. Seniors buy smaller homes or are heading to over 55 housing.

 

Lets see your home listing online I asked. We went and sat down together. He had no clue what i was asking, so I asked for his address. I Googled his home. You know what, I could not readily find it. If i cant, how can buyers? OK, let me get on MLS. I did and found it. Seeing who listed it, i got a better picture as i have heard this story from expired listings before. I asked him to go onto a couple of the BIG real estate sites, and it was not there. SO in brief I can report that i have seen agents like this who keep the listing out of and off of third party sites to control buyers. But the seller reports no buyers and reports only "excuses" why there is no buyers.

 

At this point it was easy to put 2 plus 2 together and see why this home is not and has not sold. The seller was not getting it and i was not about to bash the other agent or the way they list homes. But the answer was clear. I told him how busy i am seeing the market. I also told him I do not wait for buyers, i like to go find a buyer for my listings. That the hard truth is listing that are not selling are most likely over priced. For those priced right, if they don't sell, no one knows they are for sale. That means they need someone who will market them to all potential buyers, not just a few. 

 

 

The lesson and my infamous message is do not hire just anyone to list you home. Do not just hire the biggest company or agent. Take time to hire the BEST agent. The way I do business is to offer some of the best possible personal and professional service. To stand by them through each step of the buying and selling process. Let me show you the right agent CAN make a difference. 

 

 

To CONTACT Scott Godzyk please call 603.661.2121 or EMAIL: Sctprop@aol.com .

 

About the Author: Scott Godzyk is the Owner/Broker of the Godzyk Real Estate Services in Manchester NH. Proud to be locally owned and operated with 32 years of experience, Scott is a leading Agent for Listing and Selling Homes in this area.We are Full Time Agents ready to serve all of your Real Estate needs. Servicing Hillsborough, Rockingham, Merrimack and Belknap counties. 

 

    

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Topic:
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New Hampshire Hillsborough County Manchester
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Rainmaker
603,379
Peter Mohylsky
PrimeSouth Properties - Santa Rosa Beach, FL
Let me help you find your path to the beach.

Nice comments here, you might want to use the spell check function, it seems to have failed you.

Sep 23, 2019 05:15 AM #2
Rainmaker
3,168,592
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Hi Scott... that's what I always tell people who call me asking why their home isn't selling when it's listed with another agent... there are two reasons: (1) either the home isn't priced right or (2) it's not marketed right... and sometimes it's a combination of both. I've taken listings as a second or third agent in and just tweaked the marketing and homes sold licketty-split... and sometimes even at a higher price!

Sep 23, 2019 05:27 AM #3
Rainmaker
737,743
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

Gotta love it! I had a guy few years back that the listing agents had put the wrong STREET NAME in the listing - it was a Circle, not a Court - and there it sat for 2 YEARS with nothing. Got that fixed and sold pretty quick once it could be found!

I ALWAYS Google my addresses to make sure it's showing up everywhere it should be. 

Sep 23, 2019 05:52 AM #4
Rainmaker
3,035,584
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

Exactly Wayne Martin  , something simple but not understood by some  

Sep 23, 2019 05:57 AM #5
Rainmaker
3,035,584
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

I actually did use it Peter Mohylsky. I headed back to read again and found "googled" and "dont".  

Sep 23, 2019 05:58 AM #6
Rainmaker
3,035,584
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

Such a simple check Candice A. Donofrio i would never think of not doing. Thanks for the comment

Sep 23, 2019 06:03 AM #7
Rainmaker
3,205,106
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Home and Condo Specialists

Scott, There usually is a reason for a home not selling. Not finding it on the internet is a good indication of why! 

Sep 23, 2019 06:13 AM #8
Rainmaker
3,177,407
Kristin Johnston - REALTOR®
RE/MAX Realty Center - Waukesha, WI
Giving Back With Each Home Sold!

Price is key, always, but increasingly more and more in this market!

Sep 23, 2019 06:35 AM #9
Rainmaker
2,045,442
Patricia Feager, MBA, CRS, GRI,MRP
DFW FINE PROPERTIES - Fort Worth, TX
Selling Homes Changing Lives

Wow! Anyone confused about the market in Manchester needs to contact Scott Godzyk - he speaks the truth. 

Sep 23, 2019 07:43 AM #10
Rainmaker
3,221,543
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Happy Fall Scott,  You can always have a differnet answer depending on the situration.  I guess I always they the market is great depending on what you want to do.

 

Sep 23, 2019 08:20 AM #11
Rainmaker
794,376
Nick Vandekar, 610-203-4543
Long & Foster Real Estate Inc 610-225-7400 - Devon, PA
Tredyffrin Easttown Realtor, Philly Main Line

Scott Godzyk they have to get it themselves, and maybe he has the perfect agent for him as he does not seem to be computer savvy and knowing where to fact check his agent. When he realizes that he can make some adjustments and most likely should call you. Well done not bashing the listing agent though, always take the high road.

Sep 23, 2019 08:22 AM #12
Rainmaker
1,251,740
Sheri Sperry - MCNE®
Coldwell Banker Residential Brokerage - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

You are so right Scott Godzyk, sellers need the right agent to market their home properly. Hopefully, he gets it now and gives you a call. 

Sep 23, 2019 10:05 AM #13
Rainmaker
1,550,487
Marte Cliff
Marte Cliff Copywriting - Priest River, ID
Your real estate writer

That poor seller! It took a lot of control for you not to tell him that his agent was to blame. I wonder what will happen next - will he confront the agent with what he learned from you? Will he fire the person and call you? Time will tell.

Sep 23, 2019 11:25 AM #14
Rainmaker
3,035,584
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

I have to agree Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400 

Sep 23, 2019 01:18 PM #15
Ambassador
2,892,982
Anna Banana Kruchten CRB, GRI, WLS
Phoenix Property Shoppe - Phoenix, AZ
603-380-4886

Well there you go - another case of people see what they want to see. And get the result they  get due to their perspective.

Sep 23, 2019 03:31 PM #16
Rainmaker
3,837,399
Dorie Dillard CRS GRI ABR
Coldwell Banker United Realtors® ~ 512.750.6899 - Austin, TX
Serving Buyers & Sellers in NW Austin Real Estate

Good evening Scott Godzyk ,

I wonder what the seller thought after he digested what you had to say....when a house isn't selling its either not priced right, the condition is not good or the home isn't being marketed properly. Bingo..you hit the 2 out of the three!

Sep 23, 2019 04:09 PM #17
Ambassador
3,926,981
Kathy Streib
Room Service Home Staging - Delray Beach, FL
Home Stager - Palm Beach County,FL -561-914-6224

Hi Scott- Homes sell, and when they don't it's because buyers can't find them, they are not priced right for their local market, or the price does not reflect the condition. Sellers should take care in who they choose to help them sell their house. 

Sep 23, 2019 06:27 PM #18
Rainmaker
2,573,730
Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

We often say a home will sell if it is priced right for its condition.  But, you bring up an extra important point.  If it cannot be found by buyers, it will not sell!

Sep 25, 2019 03:37 AM #19
Rainmaker
484,173
Ricki Eichler McCallum
CastNet Realty - Corpus Christi, TX
Broker,GRI,ABR, e-Pro, TAHS

Hi Scott,  You are absolutely right!  Some agents like that try to keep the home from being shown by other agents and only hurt their clients.  Hopefully, the seller will get a clue!

Sep 25, 2019 07:02 AM #20
Rainmaker
66,530
Kris Collis, Associate Broker
Smart Way America Realty - East Stroudsburg, PA
Professional Results you Expect 570-507-7510

Hope you get that listing, Scott, and that M/M seller had an A-HA moment talking with you - listing with you is the way to get it sold.

Oct 11, 2019 08:01 PM #21
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Scott Godzyk

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