Wednesday, February 23, 2011

"There are only two mistakes one can make along the road to truth"

"Not going all the way, and not starting" Buddha


I realize that a lot of people have a negative view of Realtors and it is our own problem.  I have found that if the owner doesn't realize what has happened to the market then it is fruitless to give the owner false hope of getting the price they desire rather than market value.  This sometimes make us look very bad and the worst part for we Realtors is that eventually the owner will talk to a Realtor who will give them a true picture of what their unit is worth today.  The new Realtor can list at a lower price and sell and the origninal agent has already spent their marketing budget.

The foreclosure listing in Windward East has finally closed.  The unit was listed at $199,900 and sold for $200,200, I would assume there was a multiple offer situation.  I kept telling everyone this was a good deal.

The listing on the SE corner of Windrush is still on the market and is now reduced to $399,500, it has been a year on the market and originally listed at $485,000.

Jim Bagwell   

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