For many months we've been talking with potential sellers about their properties and our local market. More often than not, our advise is NOT to put their property on the market. If you're relocating and need to sell, ok. If you're making a lateral move or upgrading in the local market or a similar market, great - go ahead and sell and take advantage of the price when you're buying. But - if you're downsizing or getting out of the market entirely, maybe you should just hold on to your property and wait for the pendulum to swing in the opposite directron.
If you don't have to sell, don't list
5 comments • Sharon Simms St Pete FL - CRS CIPS CLHMS RSPS • July 04 2008 09:14PMComments
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You make a good point, the advice to a client needs to be based on their situation and the market. My advice is not the same, it varies from person to person based on their needs and the actual neighborhood and type of property they are selling.
Randy - that's why averages don't mean much - each neighborhood is different.
Sharon, Like you I have been advising that if you don't have to sell, don't. Live in your house, update it, enjoy it. In a few years you will appreciate a different market. This is not for those who have immediate issues to sell.
Margaret - with your waiting list, even if they were good candidates for selling now, they'd have to wait for you.
Sharon, You have a good memory. This waiting list is still in place. Only serious sellers need apply!