Very interesting information comes to the front when we start talking about do we take an offer, come back with a counter, wait and see....you just never know. Here is an interesting article that does bring a few valid points to the front of our minds and something to think about. Find more online with www.InvestSmarter.com about the true market trends.
Daily Real Estate News July 2, 2008
Hard-Won Lessons from a Home Owner Minneapolis home owner Lucie Amundsen’s husband was transferred north to Duluth, Minn. She stayed behind to sell the house. Here's what she learned about selling a home in a tough market:
Make the commitment to sell. “This market eats wishy-washy sellers alive. Sellers should be prepared to let go.”
Steer clear of useless feedback. “I should have had the real estate professional who listed my home turn off the electronic feedback feature. He could have passed along any helpful information, while filtering out the more hurtful and pointed comments.”
Be prepared for the long haul. “Because I adore my house, I just assumed other people would, too. “
Respond to the market. “Long before the 40th showing, we should have dropped the price or taken the property off the market.”Source: Star-Tribune, Lucie B. Amundsen (06/28/2008
So we are starting to see more and more of this across the region. Not just because of the number of units and homes available but also based on the "bottom feeders" if you will trying to get into a lower price bracket and finding deals. Take some time to look at www.Panama-City-Beach-Florida-Condominiums.com for more information on the condos for sale and a link to the Panama City Beach Florida homes that are available. You will find more information for buyers and sellers also on this site.
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