How to sell in a Buyers Market!

So much confusion about the housing market...a true information overload and it's hard to know what to believe!

To oversimplify, it is all about supply and demand.  In a nutshell, if we can get our distressed inventory off the market, then we will be able to move forward in a more normal manner.   Homes should then sell for a better price and we will have staved the appetite of the hungry bargain hunters.  This by no means indicates that buyers would not be looking for value, but the frenetic "lowballing" of this crazy market should subside.  Homes priced correctly will let us return to sane negotiations and everyone will be happy.

So how does this happen??  Well, perhaps the sellers who do not need to sell right now could back off for a bit so that inventory could adjust?  Perhaps sellers who are holding on to 2005 and 2006 prices can realign their expectations and price in todays market?  Perhaps sellers can work more closely with their real estate partner (and expert) to position their home in the "exceptional value" category...and no, it's not ALL price!  I am certainly not alone in sharing the seller's frustration, but alas, we are just messengers who deliver the not welcome news...

This is a challenging market and a challenging time in our country's history.  But like our great country, we will all survive the battles and hopefully, come out wiser, and wealthier because of it.  In the meantime, I'll continue to try to muddle thru the media hype and "translate" for my clients!