Barb Schlinker The Real Estate Voice

Top 8 Ways to Prepare for a Real Estate Market Shift

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Sinopsis

Top 8 Ways to Prepare for a Real Estate Market ShiftSegment 2What are some ways potential home sellers can prepare for a real estate market shift?We have just experienced one of hottest real estate markets for sellers in my career – 25 years.Current market conditions have not allowed for:Price negotiationSeller concessions (buyers closing costs or repairsHome Sale contingenciesHome Sellers should have more realistic expectations going into the fallWe go from:  Do you Want the House or NotBiggest debate:How much over asking priceHow many contingencies can the buyer waiveTo:  Why didn’t my house sell the 1st weekend?Can Bidding Wars happen - YESDo not Expect a Bidding War in every caseI helped buyers in bidding wars even during the melt down between 2009 - 2014The key:  Hiring an Agent with Market Knowledge!Preparation Tip # 1:Knowledge is PowerSellers need great informationTrust their professional to guide them effectively.Real Estate is VERY LocalDon’t worry about the National Press!What happened six months a