J Gaffney

Dear Seller: I am a returning "seeker" for a home to purchase and have just about given up in this so called " buyer's market". Yes ! the inventory is here, but SO ARE THE INFLATED PRICING. This whole byuying/selling is based on what the #1 realtor said:PRICING. Of course, location and averages of comparables sold are equally important in setting a pruice.I am a very critical seeker who refused to Overpay" when the inventory was slim ( and the loans..oh well we know that story; look at the foreclosures) . NOw, although the inventory is betterm I hold t to he same principle-even more so in the presence of our shaky economy.THE PRICES for decent is STILL INFLATED.. with everything else going up, up, and more up-I plan to search the market until I can search no more before I sign on the dotted line(s). Things that might help you: (1) Search this very sight to see what comparables in your own community sold for and when . (2) Consider giving some buyer incentives, that is, something to make YOUR deal stand out amoung the averages ; you'll be blessed with a solid and good contract. I've sold several homes of my own in the past [before the market went so bad in Maryland]. I was a blessing to my buyers and I was blessed later, buy my small generosities. Try It ! It'll make you feel good to know you did something "special " for your buyer.
Oh by the way, explore other brokers. One who will address your concerns and offer you sound advice. Don't be afraid to entertain talk about price reduction My family had the same problem with a family member's home that had been on the market for almost a year. Within two weeks with our new broker, we had many hits. ! The home sold within 21 days. I must admit, reduced (reasonably) pricing was the answer and changing to an agent who saw the situation and frankly discussed options, while employing his great advertising tools . God bless! - Mon Jun 2 2008, 23:04