I was asked to speak to the Home Builders Assoc. of Dayton in early March because of my knowledge of the industry and I have some good info for you. New construction in the Miami Valley is down 19.5% and builders are stacking up the incentives. They are not interested in trades or guaranteed sales but they are interested in moving their inventory!
Most of the advice you have been given thus far is great! Work with an agent who knows what they are doing, talk to builders about incentives and perhaps competetive lending rates if they offer. I see another great avenue for you as well...find a home for sale (work wth a great agent to accomplish this) that has been built within the last year or two and see if the seller is up for a trade or in many cases, the homes price has declined and you can capitalize on more than a 5% price decline because it is an "existing" home rather than new construction.
Smart timing on your part! I'm available to discuss your options.
You are certainly getting a lot of advice, and most of it is good advice. But you must take some action, call and agent and get the ball rolling. Work with an agent who is BIG on the internet, just like Don Shurts has stated - giving you national exposure that is more than a "one daynewsprint advertisement." The biggest mistake most agents are making in this market is relying on what always worked in the past - which is just not working anymore!
I think it would be in your best interest to meet with a couple of agents and find one that you feel comfortable with. Ask them for an "easy-out" in the listing contract if you are not satisfied - we give all of our clients the option of taking an easy out if we do not deliver what we promised to deliver - I think it is esential in today's challenging market.
The key is, take action, work with an agent who will take action - one that is not afraid to go talk to your builder, negotiate with them, ask for things that most agents would not ask for.
I wish you the best of luck in what you are looking for! Go to our webiste for a FREE, customized Market Overview of your area, to help you find the appropriate price to market your current home. visit our website listed here to get started on that request.
You may not need to take a hit on your home. Has anyone done a highest price analysis (HPA) for you yet? A HPA is a tool which shows what your home will sell for within 90 days in order to net a maximum profit. If that would be of value to you, please let me know. I'd be happy to do one for you with no obligation. I am a New Construction Specialist and have information on all the area builders. Is there any in particular you would like the information on? I'd be happy to email or mail it to you. Please email or call and let me know.
Christina Asad Edwards, REALTOR
2006 & 2007 Sales Masters Top Agent
mobile or text 937-205-4741
Real Living Realty - #1 in OHIO!
Realty, Mortgage, Title, Relocation
We have structured a successfull seller plan that works VERY well and helps all parties involved - the buyer, the builder, the buyer of your existing home, - everybody wins. The problem, most builders are not open minded enough to listen to an idea that works unless they think of it themselves - it must be an ego thing, I dont know.
Anyway, let me know when we can get together and discuss your options, I would love to show you our new program and see what is available in the area you want to build. Visit my website or send me an email at sold@JohnYouker.com