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Showing posts from April, 2009

STATISTICS - be curious

I know you are reading alot of statistics here and there and everywhere about what the market is like. Depending on the delivery the stats are useful, or not. Be aware when you see statistics that the market is "up" with pending sales (as recently reported), be curious as to how that data was collected. In my opinion it had more to do that the inventory of available new home inventory has decreased, causing buyers to buy re-sale homes that are in the MLS; often new home sales are not reported in the MLS. So, yes buyers are out there, but are there more buyers, or just less homes? When you see sales increasing in an area, don't think that this means, as a seller, that you should start holding out for a higher price than market value. Let's remember that Market Value is where you get an offer - so if you have had an appraisal 5 months ago that told you a price, that doesn't mean this is where it is going to sell. If you see home sales increasing in your area, race

I'd love to network your property - BUT

You know how powerful the Network is, otherwise you wouldn't be on the Internet. The National Association of Realtors stated that over 80% of home buyers and sellers are on the Internet shopping for homes and finding out what is for sale. It also stands to reason that my biggest source of eyes for your property is my Network that I have with my fellow brokers. The answer is Yes, but if only I could get to them! My association that I belong to doesn't make available a down loadable updated list of email addresses for the membership for me to access. This prevents me from marketing your property to them in the form of announcements of open houses, broker open luncheons, special features and flyers that would make your property stand out in the crowd of over 5,000 listings. Unfortunately there is no easily accessible method to send out an email to everyone even in my own company at Coldwell Banker Legacy - at least not yet. I am lobbying to have this available. The co

I WORK FOR FREE!

Yes, that's right! I work for free when your home is for sale and listed with me. I get paid when your home sale closes. Until then, I work for free; all the photos that I take, all of the virtual tours, the marketing, the open houses, the continuing education classes that I take during the time your home is on the market - I'm paying for that. All of my office expenses, my paid assistant, my gas bill and my car maintenance, I'm paying for that. While your home is for sale I'm networking with other brokers about your property, going on Realtor tours and learning about the market. I'm maintaining my websites and making sure that all of your property photos and marketing materials are up to date. I'm paying for that. During some markets, I work for free for a few weeks. During some markets I work for free for months, even years. I don't charge consulting fees, but I'm always here for your questions and concerns. When you pick up that phone or se