Learn About Real Estate 101 - The selling real estate, truths that exist whether real estate sales activity is brisk or slow. Some real estate professionals might refer to these truths as Real Estate 101 or even something as simple as getting back to, or paying attention to, the basics. The truth is, by any name, these concepts are something all real estate professionals must understand, realize and continue to fine tune and practice. In order to be successful, a real estate agent must always enhance their real estate knowledge and skills.
Initial buyer inquiry: first opportunity to impress potential buyers
Buyer Truths: Buyers don’t call on schedule, they have more information than ever before, they often call the listing agent directly, they are interviewing the agent and controlling the phone conversation. They don’t understand the MLS and they are calling multiple agents. They think they are going about it the right way, they are not familiar with the home-buying process and they need an agent in order to see the home.
@abogadas - The real estate market has yet to rebound from the 2008 historical crash. Four years after the housing bubble popped, the American real estate market has yet to launch a sustainable recovery.
Although U.S. home prices have improved modestly since the spring of 2009-and certain regional markets have performed even better-sales and values will face renewed downward pressure later this year in the wake of the expiration of the federal home buyer tax credit. Indeed, some analysts expect the bloated inventory and sputtering demand to trigger a "double dip" housing recession, with prices possibly even slipping back below their April 2009 lows.
This disconcerting outlook has materialized despite some optimistic developments within the market. The 30-percent drop in prices has helped restore affordability to a once wildly-overvalued market, putting additional consumers in position to become homeowners. Meanwhile, mortgage financing has grown downright cheap-with rates falling to 50-year lows. "So what's the problem then?" asks Timothy Dwyer, the chief executive officer of Entitle Direct. "What's causing this stagnation in the housing recovery?" Here are six reasons why the housing market hasn't recovered:
@abogadas - The real estate market has yet to rebound from the 2008 historical crash. Four years after the housing bubble popped, the American real estate market has yet to launch a sustainable recovery.