Unrealistic sellers may be losing their target market with unrealistic home prices

Today’s buyer is beginning their home search on the internet.  A buyer using a home search on the Internet typically selects a large price range, like $200,000 to $250,000.   The buyer usually selects a large geographic area, such as Montgomery, Chester and Delaware Counties,  and details like four bedrooms, two-and-a-half baths and two stories. The
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Housing Recovery Predicted for Early 2012

The Concord Group real estate strategy firm predicts that with 18 months worth of housing inventory on the market, it will take until the first quarter of 2012 for demand for new homes to equal what it was in 2000. Concord Group calculates that new home sales in 2010 were 70 percent below peak demand
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Showings are Up, the Market is Normalizing

Showings in Philadelphia and the surrounding areas, (Montgomery County, Chester County, Delaware County) are up 24% in the 1st 13 days of October.  These showing numbers are exactly equally to the showing in the 1st 13 days of October in 2009.  This data shows us that the market is normalizing and more people are looking to buy
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Sellers Realizing Higher Sale Prices with Long & Foster

According to data obtained from TreND, Pennsylvania sellers who list their home with Long & Foster are getting a sale price closer to their actual list price than any other broker. “Year to date, our sale prices in Pennsylvania are averaging 99.8% of the actual list price versus 95.6% for all other brokers”, said Art
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Help Sellers Rethink Proper Price

With home prices unsettled in many markets, it’s hard for sellers to know the sweet spot at which to list their home. Sellers tend to think their homes are more valuable and more desirable than other homes for sale in their area.  This can lead to unrealistically high asking prices. Give your sellers these two
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Don’t make these simple mistakes when selling your home…

Have you ever walked into a house and were immediately turned off? Well I have seen many homes that look beautiful on the outside and have great curb appeal, but the second you open the front door something just doesn’t sit right.  Home sellers need to keep their houses in pristine condition, staged and always
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Retiring doesn’t mean you stop living

The other day I was at a birthday party for a family friend and was engaged in an interesting conversation with a group of active older adults. Of course, wherever I go, the conversation always turns to real estate; once someone knows I’m an agent, they always want to pick my brain. Our conversation topic:
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Meeting clients at unexpected events

This past Friday I went to the Phish concert in Camden, NJ at the Susquehanna Center. I enjoy going to concerts, relaxing and having a good time.  I was ready for a night of not answering my phone and dealing with business.  Real estate was the farthest thing from my mind.  I should have known
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Seven Sins of Sellers

Pricing property correctly is only one of the keys to real estate success. Pricing higher than the competition. In a homogenous neighborhood, if a listing is priced higher than the competition, it will be the last to sell. Refusing reasonable offers early on. Houses are like bread – everyone wants them when they’re hot and
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Life after My First Place

Well, it was exciting watching “My First Place” and seeing my clients, Andre and Katina, and myself on the show.  It was a very surreal to watch myself on television.  It seemed like just yesterday when we shot the show and all the emotions came flooding back.  My phone would not stop buzzing the night
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