Deb's 2009 Opportunity Blog

January 13th 2009

Okay are you ready for opportunity #2? Attracting the ONE BUYER.

This Market is a buyer's market. We have all heard the catch phrase"for every buyer there is a seller". Additionally we know it only takes one buyer -- you just need to make sure you have everything in place to attract the ONE BUYER.

Selling your house in a slow market?

1. Make those repairs. While in years past it may have been enough just to cut the grass and retouch the paint, anyone looking to sell in today's market will benefit from taking the bull by the horns and having their home inspected before putting it on the market. This way when the ONE BUYER comes along your home will stand out in front.

2. Set realistic expectations. Unpleasant as it may be for sellers, demand for real estate has softened significantly. That means, in many cases, sellers will have to bring down their asking price to just below the current Market value. Remember you are looking for the ONE BUYER While you might be getting a smaller profit on the house you sell in most cases you will get more house on the buy side.

3. Know your agent's stats: Finding an agent with experience selling homes in your market will help ensure correct pricing. If you are looking for that ONE BUYER or for a home in the Colorado Springs Area check us out.

4. Be flexible. Having your house ready to show at all times will make it easier for prospective buyers to see it. Never put a 24 hour notice on showing your home. You never know when that ONE BUYER will walk into your home.

5. Hold your tongue: If a potential buyer comes in with an offer you consider too low, resist the urge to take it personally. With every offer remember these things: how long has my house been on the market, is the market still going down? Chasing the market is never good so check your feelings and counter back you never know when the next ONE BUYER will walk in your door.

To find out what what is selling in your neighborhood see House Values.

Tune in next week for opportunity #3.

www.ColoradoSpringsHomesRus.com

January 10th 2009

If you are anything like me this Housing Market has you feeling like you are between a rock and a hard spot........

Every time you turn on the TV or pick up a paper...... So I started the New Year off by saying: "It is going to be a Wonderful New Year with opportunities everywhere."

So here goes......

Opportunity #1. Historically low interest rates

Did you know that with the lower interest rates you can buy more house? I know what you are saying "of course" but I can't sell my house so I can't take advantage of the lower rates..... so lets look at it this way.

If you have to take a lower price on the home you are selling with the lower prices out in the market right now you will also be getting more home for less.

Additionally with the lower interest rates you will be getting more home for a smaller payment.

If you want to know how the lower interest rates can help you contact us.

Tune in next week for Opportunity #2.

www.ColoradoSpringsHomesRus.com