The other day I was discussing the Real Estate market in the Raleigh NC area with a friend and the topic of being a Listing Agent dominated the conversation. Without going in great detail I was explaining how listings are very circumstantial...and by that I mean there are so many factors influencing the marketability of the property that it is hard to please or appease every seller. Most sellers LOVE their home and can't see why anyone in their right mind would not want to pull the trigger.....but location, colors of walls, smell, slope of the lot, school zone, proximity to work.....the list goes on; all of these effect the marketability of the house. With that I said "more times than not, it takes the right buyer at the right time to make it work". My friends comment to me was "I guess it's kind of like the college and pro football coaches....you win or you are gone, even though there are circumstances out of your control (budget, size of school, conference) you are suppose to win and if you don't you are OUT".
I thought about it for a while and even though it was kind of off the wall, it was true. No matter what you do to market a home and how good you are with clients and other Realtors that most of the time will bring that buyer, there are things you can't control and it's just part of the game and an understood rule that your time is coming if you no one buys. I will say that price is by far the number one factor that can get anything sold...with location coming in right behind, but as a listing agent you must be prepared to face ALL challenges and present them in the best light.
I thought about it for a while and even though it was kind of off the wall, it was true. No matter what you do to market a home and how good you are with clients and other Realtors that most of the time will bring that buyer, there are things you can't control and it's just part of the game and an understood rule that your time is coming if you no one buys. I will say that price is by far the number one factor that can get anything sold...with location coming in right behind, but as a listing agent you must be prepared to face ALL challenges and present them in the best light.
Lions, Tigers and Real Estate
Maybe a weird, abstract title, but as you read on further it may make sense. As most everyone in the United States knows, the housing market has been dismal to say the least in the last 5 years or so. All anyone has to do is turn on the Television to CNN, FOX, MSNBC or any of your favorite news stations and you will be updated daily on housing starts or any other leading factor which is a major contributor to our economy. It has been said that the economy has 20 year cycles that end in a downward spiral, then ultimately recover. This latest downward spiral had a major effect on the housing market, which many will argue successfully was the initial cause of this economic uncertainty we are currently experiencing. So in turn those professionals that rely on the housing market….REALTORS especially have been staying the course hoping things will be better, which there have been many signs recently that things will get better soon.
This leads to the point of this blog
Detroit has been one of the hardest hit cities in relation to the economy and especially the housing market. It seems they cannot catch a break and many residents are just wondering when things will get better after such a “long cold winter”….that is a metaphor of course.
Enter the Detroit Tigers and the Detroit Lions. The Tigers are the Major League Baseball team for those of you don’t know and they almost made it to the World Series this year. The Texas Rangers edged them out last week for the spot, BUT this was their best season in over 6 years showing a glimpse of hope and having many fans “seeing the light” just around the corner. Same thing goes for the Detroit Lions, the professional football team in Detroit…. “Just in case there are non-sports fans reading the post”. This year they were undefeated until last night. They are now at the time of print 5-1, by far the best record in over ten years. Hence, the light is now being seen by many in Detroit for Baseball, Football and the economy.
For those of you that are concerned about the economy and our country in general, be sure to notice the signs that give us hope, whether it’s the stock market getting a little better, employment jumping just a tad, or those things that are hidden that you will not see unless you scratch the service and believe signs are given to us everyday, it’s just our job to notice them and stay positive. Barnes McQuade Realty is staying positive, we hope you do also.
This leads to the point of this blog
Detroit has been one of the hardest hit cities in relation to the economy and especially the housing market. It seems they cannot catch a break and many residents are just wondering when things will get better after such a “long cold winter”….that is a metaphor of course.Enter the Detroit Tigers and the Detroit Lions. The Tigers are the Major League Baseball team for those of you don’t know and they almost made it to the World Series this year. The Texas Rangers edged them out last week for the spot, BUT this was their best season in over 6 years showing a glimpse of hope and having many fans “seeing the light” just around the corner. Same thing goes for the Detroit Lions, the professional football team in Detroit…. “Just in case there are non-sports fans reading the post”. This year they were undefeated until last night. They are now at the time of print 5-1, by far the best record in over ten years. Hence, the light is now being seen by many in Detroit for Baseball, Football and the economy.
For those of you that are concerned about the economy and our country in general, be sure to notice the signs that give us hope, whether it’s the stock market getting a little better, employment jumping just a tad, or those things that are hidden that you will not see unless you scratch the service and believe signs are given to us everyday, it’s just our job to notice them and stay positive. Barnes McQuade Realty is staying positive, we hope you do also.
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