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Real Estate Catch 22

By
Real Estate Broker/Owner with HomeRome Realty 410-530-2400 311291

 

Real Estate is a Catch 22.

 

Many sellers are ready to sell, but there is a shortage of homes on the market that listing a house, to some, doesn't make sense!

Their thinking...if I list my house, and it sells, where do I go?  If I buy a house and have a home to sell, I will lose the new one.

 

 

                                                                Catch 22

 

And it is effortless to get caught up in this situation.

Numerous sellers are ready to sell.

But they need a new home to buy.

Or they need to decide where they will move. This decision is one that I hear every day.  

How do we handle this dilemma, keep the stress level down, and still make the homeownership dream a reality?

First, we need to stay on an even keel.

Yesterday, I met my special friend and client who purchased their home with me over 25 years ago. They are ready to move! We went to look at a house that I was sure was not the right one.

But I wanted the chance to have a conversation about how we have to continue to look for the perfect new home.

It does not make sense to compromise and settle with a decision of this magnitude.

Their requirements are pretty simple.

North West Baltimore County, a single-family home, with few or no steps. The main bedroom suite on the first level, along with laundry, garage, and good storage, would be ideal. Our price range is up to $350,000. 

Being a very desirable and popular request. I know we are probably not going to find it on the MLS because a home with this criteria, in good condition, will be gone licky split!

So I will continue to use my radio show and my print media and talk to as many folks as possible to find this home for my dear friends.

If you know of a home that would meet their specifications, please reach out.

Here are a few more homes that I need for other buyers.

 

 

Questions about buying or selling a home

Call Margaret Rome

 

Margaret Rome

 

 

 

Posted by

Margaret Rome
HomeRome Realty
Broker/Owner/Realtor®

Baltimore, Maryland


Sell Your Home With Margaret Rome

Radio Host ALL ABOUT REAL ESTATE
Sundays 12 noon.

Author: Real Estate The Rome Way

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(410) 530-2400
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Rocky Dickerson
Realty One Group - Las Vegas, NV
Superior Service!

Great job Margaret Rome Baltimore 410-530-2400 one way or another you always get the job done

May 02, 2021 09:18 AM
Sham Reddy CRS
Howard Hanna RE Services, Dayton, OH - Dayton, OH
CRS

Thanks for sharing your experiences Margaret!!!

How do we handle this dilemma, keep the stress level down, and still make the homeownership dream a reality?

First, we need to stay on an even keel.

May 02, 2021 09:23 AM
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hello Margaret - "Catch 22" situations are a part of life.  In real estate and elsewhere, much can be learned when conversation begins.  

May 02, 2021 10:17 AM
Chris Ann Cleland
Long and Foster Real Estate - Gainesville, VA
Associate Broker, Bristow, VA

Working our networks is so important these days.  Luckily, yours includes a radio network as well.

May 02, 2021 11:50 AM
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

Always good to see you, Rocky Dickerson 

May 02, 2021 01:48 PM
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

Sham Reddy CRS, I always enjoy it when you stop by! Have a great week!

May 02, 2021 01:49 PM
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

Michael Jacobs,  I can just hear you pondering the Catch 22!

May 02, 2021 01:50 PM
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

Chris Ann Cleland, I am enjoying the freedom and flexibility of my radio show. Always good to see you.

May 02, 2021 01:52 PM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Margaret you are right it is a catch 22, and is a major reason for the low inventory we are experiencing.

May 02, 2021 04:52 PM
Kathy Streib
Cypress, TX
Home Stager/Redesign

Hi Margaret-this This is definitely a question on the top of every seller's mind these days. But what I love is that you are being proactive about finding a possible house for your clients rather than waiting to see what pops up on the MLS. 

May 02, 2021 05:53 PM
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

George Souto, It is a big part of our low inventory.

May 02, 2021 06:39 PM
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

Kathy Streib  If we sit and wait for inventory, it "ain't" going to happen. We need to be proactive finding these buyers a home.

May 02, 2021 06:41 PM
Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

It's easy to get caught up in the hustle and bustle but the craft is to hang in there, right

May 02, 2021 08:37 PM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

One of the best situations I had came several years ago.  I had a seller who needed a home with more space because of their growing family.  And, I had a seller who needed to downsize because their family had grown and moved away.  They ended up buying each other's homes.

May 03, 2021 12:35 AM
James Dray
Fathom Realty - Bentonville, AR

Morning Margaret.

One has to be creative to find homes for their clients in this market.  Sounds like you are off to a good start

May 03, 2021 12:36 AM
Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

Yes, that is always the catch 22 and also they wouldn't likely be able to trade up so what would the point of selling and moving be?

May 03, 2021 06:29 AM
Debb Janes
Nature As Neighbors - Camas, WA
Put My Love of Nature At Work for You

It is a Catch 22, Margaret. Like others mention, having a radio network certainly adds to your reach. Your clients are so lucky to have you. 

May 03, 2021 07:13 AM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Margaret this is a dilemma we face here in Los Angeles as well. The only  ones that move out of state can sell their home without this dilemma, Endre

May 04, 2021 10:08 PM