I love how Real Estate constantly keeps changing. 4 new contracts today! We have averaged about one a week this year then spring hits and BAM! The trick is getting them to close. The good part is the activity is as strong as I have seen in two years. We are showing certain homes every day and getting many offers. The natives are restless.
Replies
61SWGB
I love how Real Estate constantly keeps changing. 4 new contracts today! We have averaged about one a week this year then spring hits and BAM! The trick is getting them to close. The good part is the activity is as strong as I have seen in two years. We are showing certain homes every day and getting many offers. The natives are restless.
You forgot your closing line, I'm sure SHELLY would love to hear it.
SoWal Expert
Good for you, BobbyJ!

Beach Fanatic
Wow, good news on the real estate front! It's an Easter miracle! 
Maybe, hopefully, this is the beginning of a market turnaround. I remember how the folks in the trenches were fully aware of the problem long before the "indicators" reflected its seriousness. Since the numbers are always retrospective, perhaps we can finally look forward to some good news. I've no illusions of the time it will take to reduce an inventory glut the size of this one, but movement in that direction is welcome news to all.

Maybe, hopefully, this is the beginning of a market turnaround. I remember how the folks in the trenches were fully aware of the problem long before the "indicators" reflected its seriousness. Since the numbers are always retrospective, perhaps we can finally look forward to some good news. I've no illusions of the time it will take to reduce an inventory glut the size of this one, but movement in that direction is welcome news to all.
Beach FanaticAuthor
Wow, good news on the real estate front! It's an Easter miracle!
Maybe, hopefully, this is the beginning of a market turnaround. I remember how the folks in the trenches were fully aware of the problem long before the "indicators" reflected its seriousness. Since the numbers are always retrospective, perhaps we can finally look forward to some good news. I've no illusions of the time it will take to reduce an inventory glut the size of this one, but movement in that direction is welcome news to all.
I tell many sellers this is not time to think this thing is over. It is time to get real serious if you want to sell. If you can't because you bought too high, hold on, or begin intense conversation with your bank. Daily!
Beach Lover
You bring up a good question, of the ones you booked this week, would you consider them bottom priced?
Beach Comber
If you want to sell you have to be the best deal going. Not a better bathroom or prettier decorations! Price! Buyer is tough right now and will walk the moment seller burps. I have followed this thread for years and really think it is a useful tool!
Edited
Beach Lover
YEAH, GO BOBBY!! There are some excellent buys out there. Wish I was buying now instead of selling.
Beach FanaticAuthor
You bring up a good question, of the ones you booked this week, would you consider them bottom priced?
Yes. Motivated sellers sell!
Beach Lover
I always like to see people I like doing well. Way to go Bobby J.
margarita brocolia
Good for you Bobby J!So is the new saying "Location, Price, Price"?
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Beach Fanatic
The trick is getting them to close.
STATEWIDE:
New Squeeze On Mortgage Standards
Just when consumers and the U.S. economy need banks to lend more freely, the mortgage industry is making it harder to borrow -- even for those with good credit. Mortgage insurers, whose backing is required for borrowers who can't afford the traditional 20% down payment on a home, already have flagged Florida as no-gos for some mortgages. Banks that have lost billions because of bad bets during the housing boom are now reverting to strict lending standards not seen in nearly 20 years, according to industry data and interviews with lenders. [Source: AP]
http://www.floridatrend.com
BobbyJ, what is your opinion about the availability of mortgage money? Are your buyers cash or at least 20% down? Are lenders lending?
Beach Lover
I tell many sellers this is not time to think this thing is over. It is time to get real serious if you want to sell. If you can't because you bought too high, hold on, or begin intense conversation with your bank. Daily!
What exactly do you mean "begin intense conversation with your bank. Daily"?
Please advise.
Beach Fanatic
I love how Real Estate constantly keeps changing. 4 new contracts today! We have averaged about one a week this year then spring hits and BAM! The trick is getting them to close. The good part is the activity is as strong as I have seen in two years. We are showing certain homes every day and getting many offers. The natives are restless.
Good Going !!!Beach Lover
Great Bobby. You know what my question is going to be: Do you know what your lead sources are? Are these people seeing your ads, your signs, your open houses? I am curious as to what you believe is working for you.
Please give me feedback.
Please give me feedback.
Beach Lover
Those who know Bobby J will tell you he is honest, hard working, and cares about people. He is always doing the next right thing. He cares more about people than making a sale. Maybe that is what is working in this market.
Beach FanaticAuthor
Those who know Bobby J will tell you he is honest, hard working, and cares about people. He is always doing the next right thing. He cares more about people than making a sale. Maybe that is what is working in this market.
Wow! Thanks for your kind words. That really means a lot to me.
Beach FanaticAuthor
http://www.floridatrend.com
BobbyJ, what is your opinion about the availability of mortgage money? Are your buyers cash or at least 20% down? Are lenders lending?
It seems buyers are not having many problems as long as they have 20% down. Lenders seem to be aggressive for business.
Beach FanaticAuthor
Great Bobby. You know what my question is going to be: Do you know what your lead sources are? Are these people seeing your ads, your signs, your open houses? I am curious as to what you believe is working for you.
Please give me feedback.
If I tell you, will you promise not to tell anyone, and if you do tell anyone, would you tell them not to tell anyone?
(Horton Hear a Who)
Beat the streets, years of advertising, sellers that listen, hungry kids, etc. You gotta get out there and know your first years are going to be tough no matter what you do. You got mad skills so I know with time you will be a very successful agent! It is about being persistent. Andy Andrews says, "persist without exception!"
Beach Lover
Thanks Bobby! You give the best advice.
I have a funny idea- drumming to my own beat. My seller for the auction rented her house the entire time we are having these open houses proceeding the big day. So, tomorrow- I have a two hour window to show the home (and I can't use signs in Rosemary). So I am going to take Maia with me and we are going to have a lemonade stand on the boardwalk in front of her house.
It may seem weird, but I think that people will come to the lemonade stand and then I can tell them about the house being in the auction. Maybe show it to those interested.
Maia really wants to do a lemonade stand--- so- I am killing two birds with one stone...
I have a funny idea- drumming to my own beat. My seller for the auction rented her house the entire time we are having these open houses proceeding the big day. So, tomorrow- I have a two hour window to show the home (and I can't use signs in Rosemary). So I am going to take Maia with me and we are going to have a lemonade stand on the boardwalk in front of her house.
It may seem weird, but I think that people will come to the lemonade stand and then I can tell them about the house being in the auction. Maybe show it to those interested.
Maia really wants to do a lemonade stand--- so- I am killing two birds with one stone...
SoWal Insider
Thanks Bobby! You give the best advice.
I have a funny idea- drumming to my own beat. My seller for the auction rented her house the entire time we are having these open houses proceeding the big day. So, tomorrow- I have a two hour window to show the home (and I can't use signs in Rosemary). So I am going to take Maia with me and we are going to have a lemonade stand on the boardwalk in front of her house.
It may seem weird, but I think that people will come to the lemonade stand and then I can tell them about the house being in the auction. Maybe show it to those interested.
Maia really wants to do a lemonade stand--- so- I am killing two birds with one stone...
...once you 'set the hook' with <I hope> free lemonade, 'reel them in' to the house with the promise of some "Easter theme" snacks inside to nibble on with their lemonade while they look around--that sounds like a capital idea. Even if they're not in the market, you'll off-load your business card, get a few names, and generate some buzz among the lookie-loos and some possible buyers.
Hide some filled easter eggs around the house for the kids to find (don't mention it, just let them keep it if they ask)....Oh! and don't forget balloons, lots and lots of balloons!!
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Beach FanaticAuthor
...once you 'set the hook' with <I hope> free lemonade, 'reel them in' to the house with the promise of some "Easter theme" snacks inside to nibble on with their lemonade while they look around--that sounds like a capital idea. Even if they're not in the market, you'll off-load your business card, get a few names, and generate some buzz among the lookie-loos and some possible buyers.
Hide some filled easter eggs around the house for the kids to find (don't mention it, just let them keep it if they ask)....Oh! and don't forget balloons, lots and lots of balloons!!
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Think happy thoughts .... Balloons are so 2007 Shelly! Wake up. You really are slow to the draw lately. What up?
Beach Fanatic
Think happy thoughts .... Balloons are so 2007 Shelly! Wake up. You really are slow to the draw lately. What up?You might take the post at face value..those ideas sound pretty good.
SoWal Insider
Think happy thoughts .... Balloons are so 2007 Shelly! Wake up. You really are slow to the draw lately. What up?
....."Dropping the Price" is the new "Balloons"...right?
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Edited
SoWal Insider
You might take the post at face value..those ideas sound pretty good.
It was written with that in mind.
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Beach FanaticAuthor
It was written with that in mind.
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Really. The balloon part sounded as if you were making fun. Sorry, if you were being serious.
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