I love numbers just as much as the next guy but numbers are empty without context. So today I am going to try and put a feel to the current Metro inventory statistic of 9 months. What does a 9 month inventory mean to you if you are a buyer or seller? How do you win in this market? Here are my tips for Buyers and Sellers for todays’ market.
Sellers:
Right now there are more sellers than buyers in the metro area. This doesn’t mean you have to have your house on the market forever to sell it, in fact you don’t want your house on the market forever. Average time on market is still under 3 months. Here is the plan for sellers:
1. Pretend your home is going to be on the cover of Better Homes and Gardens , your house and yard should look this clean and uncluttered. If there are any eyesores like an old fridge or a shed falling into the ground get rid of them. Also for most houses I’ve seen, you should have 1/2 to 1/3 of the stuff in the home. It helps to have a...
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Walking the WalkFrom: sellpdx.com
Post Date: 2008-03-11 14:37:46
If you’ve met me in person I’ve likely told you the story about my first sale ever in real estate. With my license freshly in hand I went out and bought a home for myself as my first transaction. I remember how excited and scared I was in making the offer, negotiating, and signing the papers to close the deal. I remember waking up a couple days after moving in and how elated I was to own my own home!
Last week I refi’d to take advantage of the low rates and was reminded of w...
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