2006 Is Winding Down

First, a personal note to all those I have done business with…THANK YOU. 2006 is ending and it has been my best sales year ever.

For those of you who follow this blog and wonder how a real estate agent can have his best year ever when the market is slowing, well, it’s just hard work. And proof that no matter what the economy or market is doing, if you work things will work out. They may not come easy, but God will provide.

SELLERS – INVESTMENT – Price your income properties appropriately and they will move. The “regular” buyers are sitting on the sidelines right now but investors are out sniffing around. And with so much inventory on the market they are buying the properties that make the most sense.

SELLERS – PERSONAL PROPERTY – Pricing is king! Inventories are up, buyers are down. That’s not the formula for a Seller’s market. Houses can and do still sell but you have to be prudent and listen to your professional. If your house isn’t moving it’s probably the price vs. condition. You can blame your REALTOR, the market, solar flares or whatever. But the price must match the market. If you must maximize your sales price, you may want to sit out this season and wait till things start to move a little better.

BUYERS – INVESTMENT – There are profitable properties out there. Email me your criteria and I’ll send you 3 or 4 that fit.

BUYERS – PERSONAL PROPERTY – While inventories are up and prices are softening your biggest advantage is that you can pick and choose. Bargain on a home and if they won’t move on price you can move on to the next home and see how motivated they are. Don’t let yourself fall in love with one particular property unless you are willing to pay whatever to get the deal done. So if you are buying your first home be real picky. But if you are buying your dream home you may have to pay.

I love this real estate business. It is so dynamic.