Your Real Estate Agent

Thursday, December 23, 2010

11 Reasons to List During the Holidays

1. People who look for a home during the Holidays are more serious buyers!

2. Serious buyers have fewer homes to choose from during the Holidays and less competition means more money for you!

3. Since the supply of listings will dramatically increase in January, there will be less demand for your particular home! Less demand means less money for you!

4. Houses show better when decorated for the holidays!

5. Buyers are more emotional during the Holidays, so they are more likely to pay your price!

6. Buyers have more time to look for a home during the Holidays than they do during the work week!

7. Some people must buy before the end of the year for tax reasons!

8. January is traditionally the month for employees to begin new jobs. Since transferees cannot wait until Spring to buy, you must be on the Market now to capture that market!

9. You can still be on the market, but you have the option to restrict showings during the six or seven days during the Holidays!

10. You can sell now for more money and we will provide for a delayed closing or extended occupancy until early in the year!

11. By selling now, you may have an opportunity to be a non-contingent buyer during the Spring, when may more houses are on the market for less money! This will allow you to sell high and buy low!

Tuesday, July 20, 2010

You can be a Real Estate Investor!

There are many great opportunities for the novice investor to take advantage of the current real estate market. Many homes are selling for less than $2,000 in the Metro Detroit area! If you are not afraid of a little hard work and elbow grease you too can really profit from buying one of these homes and doing a lot of the work yourself to make these Diamonds in the Rough into a beautiful shining gem.
Detroiters are proud people who love their city and neighborhoods. You can be a contributor in bringing the city closer to the glory it once was... and I'll let you in on a little secret if you didn't already know. City planners and Mayor Dave Bing have plans already in the works to turn Detroit into a major Metropolis and destination city that invites tourism and commercial industry, the likes of which has not been recognized since the time of the Model-T. In doing this the property value will sky-rocket!

Own your piece of the American Dream, you won't be sorry!

Monday, June 28, 2010

The market is improving!

Prices are stabilizing, homes are selling at all price points. Although homes aren't worth what they were three years ago, if you set your price right it will be sold relatively quickly. On the other hand if it does not sell and is not getting any action as far as, showings, offer, etc. then the truth is that the price may be too high.

I work for SKBK Sotheby's International Realty in Birmingham, MI and just last month our office has had over 32 million dollars in closed transactions. True 12 million of those dollars were on one transaction that was listed and sold by two agents getting our office in on both sides of the deal. Be encouraged and know that, yes this is a buyers market and there is no better time to move on which ever side of the deal you are on.

Friday, June 25, 2010

The market today

People keep saying that the market is bad. Well, yes and no. Bad if you have a balloon payment on your mortgage due and you're unemployed and your house is under water and you're facing foreclosure. Yes the market seems bad to those unfortunates. The market is excellent if you are a first time home buyer with clean credit and the desire to buy now. It's excellent if you are investing and you can buy a home for $3,000-$10,000 cash

Speaking of buying now, I want to advise those buyers in the market right now, to please stop trying to low ball these sellers. In reality the prices are pretty much fair and already reflect the decline in property value. The unfortunate thing on top of the insult of the already reduced property value are these unsympathetic appraisers who makes everybody's job harder when they come back with an appraisal that is below what the buyer and seller is willing to make a deal on. When that happens the banks won't give a dime over the appraisal which makes everybody have to go back to the drawing board.