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.

Tulsa, OK Represented at Luxury Real Estate Board of Regents

Tulsa, Oklahoma's stable market was a highlight at the 2009 Luxury Real Estate Board of Regents Spring Conference in Las Vegas.  Darryl Baskin, a member of the Board of Regents, presented market activity to the group and described market trends including Tulsa's story of resilience in the wake of the national real estate crisis.
 
The Luxury Real Estate Board of Regents is regarded as the most influencial group of luxury real estate brokers in the world. The Luxury Property Group at McGraw Realtors is the exclusive Regent member representing luxury homes in Tulsa, OK.  Members of The Luxury Property Group at McGraw Realtors include Darryl Baskin, Timothy Hayes, and Peter McGraw.
 

International Tales of Real Estate Sing Same Tune

I visited with Andreas.. Demetriou of World Properties and Investments of Athens, Greece at the Who's Who in Luxury Real Estate said the real estate market in Greece slowed in June of 2008 - the same story as the United States markets. Many international buyers with money have taken advantage of the low property values in Greece, he said. It is pretty amazing how the economy has become so global in such aa relatively short period of time. Tulsa, Oklahoma's luxury home market has seen a similar trend as sales for area home over one million dollars is up from the same period in 2008.
The Luxury Property Group at McGraw Realtors in Tulsa, OK luxury property for sale is listed for sale at www.darrylbaskin.com/luxury