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Posts Tagged ‘Real Estate Market’

New York Real Estate Market

Thursday, January 3rd, 2008

If you are looking for a New York real estate market near Syracuse then Cicero may be a place to check out for good buys. It is a 50/50 market with equal numbers of buyers and sellers. Houses are staying on the market for only a month to two months with a decreasing market trend. The housing inventory is solid in all price ranges with average home prices up nearly five percent over last year’s prices. Current average home price is sitting at $150,000 with sellers receiving ninety five to one-hundred percent of their asking price with multiple offers. This New York real estate market is being driven by job growth and consequently move up buyers.

Finally, Clay, New York this real estate market has more buyers than sellers with homes sitting on the market from ninety to one-hundred and twenty days and an increasing market trend. There is a good inventory of homes available and prices are up 0-5% to rest at $125,000 on average. First time buyers and population growth are driving this no multiple offer market with sellers receiving 95-100% of their initial asking price.

Dallas Real Estate Market

Monday, November 12th, 2007

The Dallas Texas real estate market is no stranger to feeling the tense urge to buy and sell fast. But in order to expedite the transactions, many people are getting less for their homes then they should. Out of every single Dallas home for sale, there is not one seller who wants to walk away from the table with less money. At the same time, fighting against the sellers are the buyers who want a great deal… or at least wanting to feel like they got a great deal.

Thus, the question most people are asking with Dallas homes for sale is, “how do I sell my home efficiently while getting the most out of my investment?” And the answer is very simple and will work for not only every Dallas Texas real estate owner, but for every real estate owner across the nation.

* Ask for more. This is plain, simple, and to the point. However, many sellers fear asking for more than they feel the house is worth out of fear of rejection. But think of it this way: if you do not ask, you will not get it. No buyer will offer you more then you are asking. Yet, if you put a higher price on the house, people will automatically assume it is worth it. * Build in negotiation room. Another critical point for owners of Dallas homes for sale is that almost every single potential buyer who walks through the door is going to offer you less then the listing price. Whether or not you started your list amount high or low, they are going to offer you less. That is common because everyone wants a good deal. Therefore, if you build in negotiation room, you can make the buyers feel that they got a good deal, while you still get what you want for your Dallas real estate property.

If you start your list price at the minimum that you will accept, there is no room for negotiation. You leave the buyer feeling that you are not willing to be flexible, and they will generally walk.

For example, let us consider that you would really like $130,000 for your Dallas Texas home. Do you list it at that price? Absolutely not. If you listed it at $130,000, there would be no room to negotiate down. By listing your Dallas Texas real estate at a higher amount, you give the buyer room to try and negotiate. You may just end up with the $130,000 that you wanted, and the buyers feel like they got a great deal because they “worked you down.”

Therefore, for both you and your buyer to walk away feeling good about your Dallas Texas home, you need to ask for a higher amount then you expect to get. Utilizing psychological tools are important for negotiating a good deal for the following reasons:

* You are increasing the perceived value of your home. * You may actually end up getting the higher price. If you never ask, you will never get it. * You leave room for negotiation, which gives the buyer the sense that they “won” and got a great deal. * You are preventing a deadlock in negotiation.

By simply following this advice, you will be able to get the best deal for your Dallas Texas real estate property, and you will have a very satisfied buyer.