Monday, April 27, 2009

Selling Your Home is a Price War, Not a Beauty Contest

Many home sellers are learning the important trends which affect the real estate markets.  Market pressures from bank-owned home sales where banks are eager to drop prices in order to move the house off the company books, has created a new bread of home buyer who are more detached from the emotions of the home purchse.
 
In many cases (not all), I have given advice to be more price competitive rather than condition competitive.  The pocket of the market your home falls into is a critical factor in how you should plan to market your home but need less to say, the demands by home buyers have changed courses and left traditional advice off the track.  Make sure you enter the home selling market fully prepared before you use old advice expecting successful results in a new market.
 
Darryl Baskin is a an active real estate broker for McGraw Reators in Tulsa, OK assisting home buyer and home sellers and hosts a weekly radio and television talk shows on New/Talk KRMG and KWHB TV47.

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