Wednesday, June 5, 2013

Home Buyers, Sellers and Dead Crickets....


I know, I know what in the world is she talking about.  Well I will tell you.  I was driving from 30-A into Destin the other day, stopped at a light and the pickup truck in front of me had a bumper sticker “Life is too short to fish with dead crickets”.  I’m not really a fisherman, so I thought what the heck does that mean? 

I decided that it meant if you are not serious don’t bother!  If you are going to be in the game, you need to be in it to win it.  So how does that translate to real estate and people buying and selling homes?  The real estate market is steadily improving, property values are increasing, inventory is down, days on market is decreasing and in some cases we are seeing multiple offers.  So…………….

If you are a Buyer:

·         Don’t waste time with a low ball offer (dead cricket)

·         Get pre-qualified for a mortgage (live cricket)

·         Be flexible about closing (live cricket)

·         Don’t base your offer price strictly on past sales (dead cricket) take a look at inventory currently on the market to see what the competition is.

If you are a Seller:   

·         Don’t Overprice your home and hope that the market catches up (dead cricket)

·         Catch Buyer’s attention by pricing your home in line with comparable sales – then let the market take it higher (live cricket)

·         Clean, declutter, brighten up the home, stage your home (live cricket)

·         Don’t worry about how the home photographs (dead cricket).  90% of Buyers look on the web first.  Like your mother told you, you only get one shot at a good impression.

 

So let’s go fishing with a live cricket and catch the perfect Buyer for you if you’re selling or Seller for you if you’re buying.  This is Robin Morrow and it’s another great day here on 30-A.