My Questions Answered

Here are a few of the questions I asked other agents to give me their input on, but here are my responses....

1. What is your single best piece of advice for sellers in today’s market? Set your price for this market, not last year or two years ago. Also the condition of the home needs to be ready to sell, don't price or list it for sell with the idea that you can negotiate the price or fix it later. There probably will not be an offer to negotiate on...

2. What is your single best piece of advice for buyers in today’s market?- Just because it listed for $X does not mean that you can get it for a lot less. You still have to be willing to pay what it is worth, and the seller may have priced it at 100% of its real value. Do some research with your agent to see the real value. Use the real total value and cost, not just the list price as your gauge.

3. Where do you see the residential owner occupied market going in the:
a. Next 6 months? - Inventory coming down, prices stable. Good areas and first time buyer price ranges may be stronger than others.
b. Next year? - I think there will be a good demand for new construction as right now there are virtually none being built, but that is a good thing I think.
c. 5 years? - I think the demand for higher energy efficient homes and neighborhoods with a good community feel will be in demand.
d. 10 years? - Who knows, but I bet the ones who buy today will be very happy....especially with these rates.