From Listed to SOLD - How to Sell Those Listings You Work So Hard to Get!

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No Wonder Houses Aren't Selling...

Okay, rumor has it that the real estate market is in a slump. Is it true? S'pose so, everyone says it is.

I've been previewing my little heart out here in Charming Old Denver, catching back up on the market since my return to the trenches. I gotta tell ya, if YOUR market is anything like MY market, I can see why buyers aren't buying.

The inventory is CRAP! I've looked at 25-35 houses in the last two weeks and of those 25-35 homes, I found 4 that I would actually consider showing a buyer. The others? Well, they're way overpriced (like up to $100,000 in a $350k - $450k range), and/or they show poorly and/or they're HARD to show.

Now, these properties aren't listed by "discount" brokers or otherwise unpopular types - they're listed by some of the biggest names in the area.

I'm dismayed and frustrated. I actually HAVE buyers that would like to buy something, but I have nothing to sell them. And I blame the listing agent community. It's our job to tell our sellers what they need to do to in order to sell their homes. I really want the listing agents in my area to do their job better so my buyers will fall in love!

Now I remember why working with buyers frustrated me. No, not because "buyers are liars" or because I hate being run all over town. I don't mind that. What I do mind, deeply, is the inability, even in a "buyer's market" to find enough decent listings to show my reasonably fussy buyers.

Okay, that's my rant for today.

sws

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Comment balloon 56 commentsJennifer Allan-Hagedorn • February 14 2008 05:41PM
No Wonder Houses Aren't Selling…
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Okay, rumor has it that the real estate market is in a slump. Is it true? S'pose so, everyone says it is. I've been previewing my little heart out here in Charming Old Denver catching back up on the market since my return to the trenches. I… more