So before I get wordy with those who are tickling with the idea of selling a home, buying a home or investing in real estate, here's a link for Keeping Current Matters that is highly relevant to the value that a true Real Estate Professional provides their clients:http://www.kcmblog.com/2012/01/26/why-deals-die/?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+KeepingCurrentMatters+%28The+KCM+Blog%29
Believe it or not, this is just grazing the surface on what you need to know about the speed bumps of real estate transactions. If I might boast for just a moment, one of my greatest value-addeds is that I keep transactions from falling apart. Why? I have my clients do their homework prior to starting the engine. For buyers, pre-approval thru a trusted business partner who risks a client by disclosing honestly what is available to them. To a seller, the potential $$$ of items identified thru buyer inspection vs addressing concerns now, or successful Pricing Strategy.
As more distressed sales come to market, how will this impact values. This is a challenge I will go into in a later blog, but suffice it to say it will impact values and therefor the bank appraisals
I LOVE the last bullet of this post on Keeping Current Matters!!!! Notice not just one exclamation point and emphasis on the word LOVE! Why? You ever hear the phrase Keep It Simple Stupid (KISS). Well, it's just flat out true in real estate transactions. The more creative and clever and hidden your strategy, the harder the transaction gets and the higher percentage of failure. And if it stays together, also great chance you lose more money and risk of a law suit. My parents were always fond of saying "Honesty is the best policy." And thru several dozen transactions during the downturn, I have found this is the best way to keep transactions from getting emotional and angry....and in finishing with a handshake and a smile at closing.
See ya next time!