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Tuesday, March 10, 2009

You have to get into the game, in order to win...

“Don’t be afraid about stepping out and doing something. Losing is not to have participated in the race.” (Colleen Howe) - that advice was on the Jack's Winning Words Blog yesterday. Collen Howe, Gordy Howe's wife of many years died last week after a long battle with Pick’s disease, a form of Alzheimer’s.

Certainly her advice is something to take to heart right now in real estate. We all are searching for something different to do to attract buyers for our listings. The market remains very much focused upon foreclosed houses, with that category making up 70-75% of sales for all of 2009, so far. It seems that only getting aggressive on priocing works to get people in. Then the well cared for house will sell itself to someone who is tired of looking at project houses.

Since I also deal with buyers, I get to see first hand what they are looking for and what those places look like. I would estimate that 80% of the buyers that I’m working with right now want to go see foreclosed houses. And about 60-70% of the houses that we go see need quite a bit of work. However, there are those little jewels that one finds amongst the garbage that can make the hunt worthwhile.

The advice to get in the game is at the message today. You won’t sell your house sitting on the sidelines fretting about the market and you won’t find the perfect house just perusing the internet all day - you have to get out there and look. Call me, I can help with both.

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