But, What’s “Too Long?” Test your knowledge of today’s housing market, and respond to the following statement: “A for sale home sitting on the market for 60 days is already shopworn”: A. True. B. False. C. Impossible to tell without more info. Correct answer. “C.” The key “other info”: price and location (of course). “Houston,...Read More
Three Key Factors Besides Price Tag, Scope of Work Discounting for a home’s “vintage” condition is inherently subjective. Some Buyers don’t want to tackle anything more challenging than painting a Bedroom (if that). Others — especially if they have contracting skills (or access to them) — are up for remodeling the Kitchen, Bath’s and anything...Read More
Question #2: How Many Months Between October and March?* The answer to “how long should the listing be?” is easy: long enough to sell the house (duh!). But that just begs the underlying question: how long will that take? Practically, the listing contract needs to be long enough to properly prep the home for market...Read More
Flying (& Mountain Climbing) Metaphors Pilots in turbulent weather will frequently announce to their passengers that they’re “climbing to 40,000 feet” or “descending to 30,000 feet” in search of a smoother ride. As a Buyer’s agent, I will point out to clients if moving up (or down) a rung in price makes sense (cents?). That...Read More
