Be resorceful stay on top of your game on all real estate related topics addressing pricing,availability,comparable sales. Provide assistance regarding short sales, foreclosures, auctions and marketing techiques available . Network with financial institutions and have knowledge of the available programs best suited in finanacing. Never give legal advice that is why we have lawyers.
To survive in a changing market place applying knowledge with integrity and profesionalism is an ingerdient that requires more than optimism it requires street smarts and quick thinking. The difference between what governments can or canot do is understanding the business of real estate. Realtors understand that the best solution for solving present market conditions is to keep government out and let the market settle on it'sown where the free flow of available financing promotes demand and reduces the supply encouraging the solidification of value.
Prudential Real Estate of the Rockies
Great question and one that we feel is best approached by being honest with sellers. Taking listings for thousands above the actual local market activity for similar homes is only giving people false hopes and continuing to clog up the marketing system.
The fact that many homes are still "over priced" is not helping the market or economy in any way towards the desired recovery.
It's time to get real.................
Let me amplify Gab's call for truthfulness - I lose my share of listing business because I am truthful above all - but I am certain that by being truthful I am best serving my clients. To sellers and buyers alike I would stress, look for this quality in the agents you interview. An agent that "buys" your business will stroke your ego for the short term but take you down a perilous path that will lead to a lower sale price, of that I am certain.
Stay positive, optimistic, knowledgeable, responsive, and truthful - if each of us does that, we will have done our part. Frankly, I'd like to see the government stay out - their intervention, though it fueled the business for many of us, was a temporary fix and the until the market is able to right itself, I think conditions will remain difficult. I intend to consider this when I vote in November and beyond.
Unwavering Commitment to Service
Education is an important key for Realtors today. Get your SFR certification so you can councel sellers in foreclosure alternatives.
Debbie Albert, PA
Coldwell Banker Residential