Team Investments Realty
2- I would find and agent that you liked and trust they will be your best friend for a while. I would find someone who can get you the most money with the least amount of hassle and who can save you money fees and knows how to negotiate.
Years ago sellers could move because they wanted a newer, larger house as appreciation was so high. A little more difficult today.
I would also agree that some sellers are better off than they think, may have equity and are impacted by the media.
If you are a home owner contemplating selling, then it really depends on what your next step is. If you want to switch from owning to renting, this is a great time to sell. If it is your goal to buy somewhere else, then whatever the current market is, its usually a "wash". What I mean by that is if you sell in a down market, you may seller lower than you want, but you'll also be buying in a "down" market and so you can also reasonably expect to buy at a fantastic price as well. If you sell in an "up" market, you'll get more for your house, but you'll pay more too for your next one.
If maximizing your income from your house is your priority, then I recommend selling your house when the market is good, so you can get your price, and the profit is most likely tax free (as long as you lived there more than 2 years, but confirm with your CPA), and move into a rental. Then keep your eye out for a "great deal" to buy, and repeat.
#1. Fewer messages from single dimensional real estate professionals who have only one business plan and marketing strategy...."REDUCE THE PRICE!"
The home owner has lost 40% of their wealth, demonstrating some motivation to protect the remainder may prove somewhat worthwhile.
#2. How would I choose?
Stick a home made For Sale sign in the yard and observe until the real pros surface. The predator agents will tell me I'm over priced, the pros with focus on my goals.
#3. Selling my home would be a more appealing prospect if presented with a strategy to achieve my goal that includes more than 'Reduce The Price" as the only solution to EVERY problem.
Best of success to you,
Annette Lawrence, Broker/Associate
Remax Realtec Group, Palm Harbor, Fl
Chat real estate on: http://www.RealEstateMadeEZ.us