News and Events
January 30, 2007
Local Real Estate
MASTERING THE BUYER’S MARKET
Have you seen all the headlines lately? Certainly it seems
to spell doom and gloom for home sellers.
If we believe the old adage “perception is reality” – then why would
anyone sell their home right now?
The answer is simple – It’s a great time to buy a home! Interest rates are still low – around 6% and
the supply of homes is well over 6,000 properties. As a buyer, you have the ability to select from
a large inventory and still have very economical payment terms! Most home buyers are also home sellers – so,
the key is “how do I sell my home to take advantage of this market?”
Next Generation Realty sold over 400 homes in 2006,
averaging 65 days on market and 98.28% of List Price! Each of these home sellers executed our competitive
pricing strategy to take advantage of the current buyer’s market.
In the seller’s market that existed prior to 2006, we set
list prices based upon a low supply of homes and a large supply of buyers. Thus, the sellers were able to carry a higher
sales price and increase their equity when selling their home with Next
Generation Realty.
Now, our success in a buyer’s market depends on researching
the current active market and pricing your home accordingly. Buyers may command a lower price, but home
sellers are using their commission savings to price their homes to beat the
competition and still increase their equity when compared to a 7%
commission. Selling your home with Next
Generation Realty gives the seller a competitive advantage in today’s market
without sacrificing all their equity!
In short, 2006 taught us that a buyer’s market is o.k.! Next Generation Realty has been the leader in
the fight against 7% for over 13 years.
Our experienced sales staff out performed traditional 7% brokers giving
our home sellers an average savings of over $8,100 dollars! Let our sales staff sell your home, or better
yet, refer your friends & family! We
will put our proven program to work and protect the equity you’ve worked so
hard to build.
By Rob Doheny
Next Generation Realty
