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Tag Archives: sellers

Are we recovering? Or should we go to recovery?

After posting a market report… at least lately… I get asked a question repeatedly…

Is it pointing to a recovery?

The market report says

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Market Report for Gwinnett County, August 2008

FMLS put ont the numbers for August pretty fast.  Shockingly fast…  So, I was able to get the market report out faster than usual.  Take a look.  It is mixed news.  July turned out stronger than expected, but August preliminary numbers are a little weaker than I’d like.

Survey Says…

I got an email this morning from Obeo, the provider of my virtual tours.  It was the results from a survey they commissioned about home buying habits for internet users (there were a few people that weren’t internet consumers).

Here is part of the press release:

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Not a market to take lightly…

Over on Active Rain, there was a post about an agent holding a listing for a year.  The seller was cool with it, because he really only wants to move if he gets “his price.”  After being on the market constantly for over a year… there were no offers.  None.  Very few showings.

What does that say?

It says

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Hold on just a minute there, Bub…

Generally, when a real estate agent gets a listing, they will tell you that they are going to get the listing information back to the office and get it uploaded right away… and they say it with such enthusiasm.  “I’ll get this into the system RIGHT AWAY, so we can start marketing your house.”

But I’m going to tell you… that is the first mistake that most listing agents make in this environment.  They rush to get the listing into the MLS.  Instead of taking their time to get everything ready.  And it is a huge waste of opportunity.  Here’s why…

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