Foreclosures

There are so many people either facing a foreclosure in the near future or currently going through one as we speak. Alot of people are probably feeling over whelmed and not sure which way to turn. Where do you start to unravel the mess?

In reality the truth is that most of these people will loose their homes. So, what do they do? Here's my free advice on the matter:

First off, if you are going through a foreclosure and can't resolve the matter with the bank, put your home on the market! Attempt to find a buyer before it's sold on the courthouse steps! You atleast have the chance of walking away with some cash or if there's no equity involved you can try and keep a foreclosure off of your credit.

If you are in foreclosure or are facing it in the near future, contact me. You can list your home on my website FREE! Send me an email or call me. You will not have any fees to list the property on my site. You can included full details about the property as well as pictures. My listing are published all over the net.

Slow Market

The economy is currently showing that the housing market is slow. My questions is this; In my local area the unemployment rate is good, better than alot of places. The market is flooded with homes to choose from. The sellers have realized that prices need to come down and for the most part are agreeing. The interest rates are slowly coming down.

With all of this said, why are more buyers not taking advantage of this market? Please give me your feedback. I'm interested in your views on this subject.

Working with a Realtor Pays Off

Of all the findings of a recent survey of Florida home buyers and sellers, here's one you can count on: Sixtyseven percent of sellers relied on a real estate professional to sell their home, while 29 percent chose to go it alone, according to researchers at the National Association of Realtors.

The study also found that working with a Realtor pays off for sellers. Those who chose to sell their home on their own usually sold at a price that was about $45,000 less than they would have received if they used a real estate professional. To derive this figure, researchers at the National Association of Realtors (NAR) compared the median price of a FSBO ($210,000) to the median price of a home listed by a real estate professional ($255,000).

"The Florida 2005 profile of home buyers and sellers" a study conducted on behalf of the Florida Association of Realtors by NAR in tandem with its national study on buyers and sellers. The report looked at the characteristics of homebuyers in Florida as well as the steps they took to find a home. It also focused on buyers' views of licensee representation and how they financed the purchase. For home sellers, the study dug deeper into the process for those represented by a licensee, but it also looked at FSBO (for sale by owner) sellers to find out more about their reasons and methods.

Realtor or Fsbo?

I would have to say that using a full service Realtor is always the way to go. There is alot of work going on behind the scene's that people aren't aware of. More times than not I have put more money in the sellers pocket than they could have done on their own. Every where you look you see some type of advertisement or commercial by one of the discount brokers telling people they can sell their property and not pay any real estate commissions. What most people don't know is that usually the seller isn't paying the commission anyway. As far as those discount brokers go, Realtors very seldom show their listings. The majority of them sit on the market and never sell. There are a few that will sell, but for the most part they don't. There are alot of hard working, honest Realtors just trying to do the same thing every other person is trying to do..... make a living and support a family.

I'm not saying that you can't sell your property yourself, you certainly can. But at the same time you are missing out on the marketing, showing, and resources that Realtors can offer.