I hope everybody had a safe and sane, Independence Day.
Is something changing in this market? Maybe….as I’ve said previously, the buyers choose the price…not the sellers.
The goal is to get the buyers interested enough to get them to slow down: look at the photos, look at the map, then drive/bike by and look at the neighborhood. If they like what they see (the property, the neighborhood) at that point, they’ll make an appointment with their agent to show them your property.
The goal is NOT to see/have a bunch of looky-loos in your house/property/condo/townhome/duplex. etc. The goal is to have pre-APPROVED Buyers look through your property and then decide if they like it enough to write an offer with their agent.
And by the way….I’m on a committee for the BayEast Association of Realtors and our monthly meeting for the Local Government Relations is on Friday. We’ll be interviewing one of the captains of our police department….about what to do if your (vacant) house is being a host to the homeless. And yes, that’s happening in Alameda.
AC (active contingent on selling another property)
PCH (price change)
PSB (pending sale, want backups)
BOM (back on market – fell out of escrow)
REO (real estate owned by the lender, i.e, foreclosure)
DOM (days on market)
DOM High 1502 Low 7 Avg 1 Med 20
DOM High 33 Low 0 Avg 10 Med 8
DOM HIgh 45 Low 0 Avg 13 Med 12
Enjoy the weekend and the weather! Call/text/email me if you have questions about this market! I may not have any answers but if I don’t have them I’ll find a person that may have that answer! After all, this is a people business and my job is to find out what you expect and how to make it happen. And if I can’t make it happen, I’ll let you know.