Buying in This Market

So what does it take for a buyer to get into a house in this market? With multiple offers on properties now a common theme, it takes a little more work to get the deal done.

The home prices are low, the rates are low and the inventories in most areas are getting lower and lower. While most of the agents are on vacation mode during the 4th quarter, it could actually be a good time for some people to buy in this time frame. So what does that mean for those agents who work in this time period? It could mean that we are getting set to finish the year strong helping those that are seriously looking to purchase a home.

With the tax credit set to expire, December 1st, it's a good time to get buyers in a home now. This also means that agents could do well in the 4th quarter with a little extra effort in this time period.

In our office, the management is trying to increase the sales by offering incentives such as vacation trips, WII system, flat screen TV, restaurant gift cards, cash. All this so that agents don't get stuck in a period of vacation mode early in the 4th quarter.