Archive for February, 2007

Let’s Make A Deal Or The Price Is Right

Sunday, February 25th, 2007

Sellers, your option…

As a professional, I recommend to my selling clients that they “Price it right” as compared to playing the game… “Let’s make a Deal.”

Why? First, look at the ads in the paper and see how many people are playing “let’s make a deal.”

When you analyze the time property is staying on the market and the price reductions against the final sales price you will also come to the conclusion that you are better off pricing your property based on a market study of closed sales, remaining confident that you will get very close to that price in a shorter period of time. The activity should prove this, and any professional realtor will reinforce this information. The problem is that most real estate salespeople are taught to get the listing no matter what, and say whatever is necessary to the owners. A large percentage of agents hope that another agent will bring in a buyer and they will get their share of commission. Savvy Agents’ strategy is that once they have your listing they will then work on you to reduce the price, month after month, with the hopes of finally bringing you to the true market price. If you review the M.L.S. history of most properties, it will indicate this trend.

In the past few months Koslovsky Realty Sales Team has been very successful in pricing properties correctly, selling several homes within 3% of the asking price, in less than 30 days. This has benefited our clients reducing stress, aggravation and expenses. In addition, the less time on the market will yield a greater return on their investment. This strategy definitely outweighs the mind playing games of “potential money left on the table.”

You really should have a Koslovsky Realty Professional at your side.

Deal or No Deal…

Sunday, February 18th, 2007

On President’s Day especially,
It’s all about THE BENJAMINS

Stretching your dollars

“Buyers” , take advantage of the timing right now… no one knows how long it will last. Initially we thought you had the luxury of time, that prices would continue to go down even lower; however, current conditions appear to indicate that there is a leveling off of market prices. There are a number of residences that remain available for extended periods of time, usually homes with the least preferred location. While homes that have the best locations or desirable improvements will sell quicker and for higher amounts.

This column shall also serve as a “Wake Up Call” for Sellers. When you receive a reasonable, “market priced” offer that has a substantial down payment, accompanied by a lender’s preapproval letter, I strongly suggest you listen to the advice of your realtor. A Koslovsky Realty professional will analyze for you the “days on the market” information for your specific property and similar nearby properties. This necessary information will allow you to make an informed decision which should support your professional’s recommendation.

We are experiencing activity now, buyers are positioning themselves to make purchases while rates are attractive and prices have stabilized. Historically we have learned: forecasting real estate trends can be financially frustrating, so when it’s … deal or no deal …time, you really want a Koslovsky Realty professional at your side.

Open House Headquarters

Sunday, February 11th, 2007

If you’re a buyer or seller we would like to educate you on what your alternatives are in the real estate marketplace. We have developed a process for you to do so by visiting available homes. We have set up headquarters in a brand new home in Skylake at: 2091 N.E. 191st Drive and will be conducting an open house every Sunday between 2:00 PM and 4:00 PM.

One of our professionals will take you on a personal tour of the model home. We will also have our team available to take you to all the other homes that you qualify for in the neighborhood, including homes located in private gated communities. Take advantage of this great opportunity to see what your alternatives are… stay where you are, move, or remodel. We will have the Multiple Listing Service up and running to assist you in your home search. Professional lenders will also be on hand to answer questions confirm your qualifications or simply let you know what the present rates are. In our attempt to make the process easier for you we hope to show you why at Koslovsky Realty.