How is the market for resales in the ITB/Anderson Heights area? Are there any buyers out there shopping for?

Asked by M, Del Rey R, Albuquerque, NM Fri Feb 20, 2009

newer 3600 sf home under $800,000? How do we choose a great listing agent? Looking for someone to tell the truth and give good advice.

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Melissa Albe…, Agent, Wake Forest, NC
Mon Feb 23, 2009
Hello M,

Buyers are definitely out there and the key to selling your home is to have it priced right, right off the bat. A good listing agent will do the research and come up with a fair and reasonable price for the current market in your specific area. The first two to three weeks are critical as this is when the most buyers will see your listing, therefore the pricing should not scare them away by being over inflated. Be careful, some agents will tell you a higher price just to get the listing, which will probably expire causing you much frustration. So, I recommend finding an agent you feel comfortable with that will shoot straight with you.

Thanks and have a grand day!
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Roger Kenney, Agent, Cary, NC
Fri Feb 20, 2009
Hello M,
I hate to disagree but the reverse is actually true in thise price range in ITB. The highes priced homes have a better market because these buyers aren't as affected by the economy as potential buyers in the lower price range.There is virtually no movement in the under $400k homes ITB,unless they are being bought for investment or flip purposes.
I hope this doesn't confuse you too much.
If you have further questions please don't hesitate to call me.

Roger Kenney
0 votes
Erica McClen…, , Raleigh, NC
Fri Feb 20, 2009
There are buyers shopping everywhere but honestly, the higher valued homes are selling slower then homes under $417,000. The Jumbo mortgage market is really hurting the larger homes with larger price tags!

I'd suggest that you interview several agents. My team offers a virtual listing presentation to make the choice simple. Honestly, an "outside the box" marketing plan is need now more than ever to sell homes. You cannot just stick a home in the Multiple Listing System and cross your fingers and wait. A Realtor has to pound the pavement and find buyers!

I'm more than happy to get you some information about sales that are comparable with your home. ITB can be tricky!
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