Sellers, Know Your Market – Be Prepared or Perish!
April 21st, 2008 categories: Home Sellers
Sellers Prepare To Know Your Market Before Listing Your Property
Sellers, you must be prepared and know your local real estate market. What does the national
real estate news mean to The Philadelphia Main Line and Western Suburbs? Not as much as you might think. “All real estate is local” is a well known truism that’s easy to forget when the national news is full of doom and gloom. Our local real estate market is not as hot as the 2005 or 2006 market was, but that’s a good thing and overall our local market is more stable than those markets in high foreclosure areas.
Which market are you in? Is it the Condo market, the Luxury New Construction Market, the First Time Buyer market or the downsizing market? As a local Realtor I help Sellers determine the statistical truth of their market .
Here are seven tough questions to get started. The answers will help you know which market you’re selling in. Read the rest of this entry »
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