My tips to get through
this market...
With 25 years in real estate I have experienced this type of market
before. These are my tips to help you navigate this market, whether
you are selling your home or buying one:
IF YOU'RE A SELLER:
- Set a realistic and reasonable price that reflects
the 2008 market conditions.
- Do not cling to last years’ prices.
- Be flexible and open to negotiating price and terms
with a buyer.
- Present your home in pristine condition! If it’s
vacant - furnish it. Install new carpet, paint, and make cosmetic
improvements wherever possible.
- Examine your price, buyer feedback and competition
every 30 days .
- Adjust your market position early if there is no
buyer interest.
- Work with the smartest, most experienced agent
in your market place – it’ll cost you the same!
IF YOU'RE A BUYER:
- Buy a home with a plan to own and/or rent it for
at least 5-7 years.
- Research financing options with a lender before
entering the market.
- Buy and borrow only what you can afford.
- Bargain with sellers on price, terms and repairs.
- Work with an experienced and knowledgeable agent
who can guide you through the process, show you the best values,
and negotiate the best terms for you.
It’s a buyers market – don’t
miss it!
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