Comments on: Missed Opportunity ? http://www.prucalvoices.com/2009/05/missed-opportunity/ Conversations in Real Estate Wed, 08 Feb 2012 15:43:51 +0000 hourly 1 http://wordpress.org/?v=3.2 By: Brian Boisson http://www.prucalvoices.com/2009/05/missed-opportunity/comment-page-1/#comment-1072 Brian Boisson Tue, 26 May 2009 15:28:47 +0000 http://www.pruvoices.com/?p=1355#comment-1072 Terry, Many buyers feel that the time is right due to prices, rates etc. It is not a iight decision to start the home buying process, and most are getting all sorts of conflicting opinions from family and sphere, who may mean well, but are confusing the already concerned buyers. We need to be aware of this and discuss it with them, to help them overcome objections. Brian Terry,

Many buyers feel that the time is right due to prices, rates etc.

It is not a iight decision to start the home buying process, and most are getting all sorts of conflicting opinions from family and sphere, who may mean well, but are confusing the already concerned buyers.

We need to be aware of this and discuss it with them, to help them overcome objections.

Brian

]]> By: Adam Chinn http://www.prucalvoices.com/2009/05/missed-opportunity/comment-page-1/#comment-1061 Adam Chinn Sat, 23 May 2009 23:53:27 +0000 http://www.pruvoices.com/?p=1355#comment-1061 Great post Terry, I have been working with some clients for about a month now, we went out today to look at a few homes. He made an interesting comment to me, describing how when we first started looking there were a good amount of homes within his price range and area. Now we look at the list of homes that match what he is looking for, it is far less. He currently has less to choose from then he did a month ago and he is realizing this now. My response to him, your right. I went on to tell him that when compared to about a year ago, the inventory in Daly City has dropped around 50% from where it was, while the homes in contract are up about 50%. What does that mean? It means there are less homes to choose from and the ones on the market are moving quickly. The facts and trends tell it all. Great post Terry,
I have been working with some clients for about a month now, we went out today to look at a few homes. He made an interesting comment to me, describing how when we first started looking there were a good amount of homes within his price range and area. Now we look at the list of homes that match what he is looking for, it is far less. He currently has less to choose from then he did a month ago and he is realizing this now. My response to him, your right. I went on to tell him that when compared to about a year ago, the inventory in Daly City has dropped around 50% from where it was, while the homes in contract are up about 50%. What does that mean? It means there are less homes to choose from and the ones on the market are moving quickly. The facts and trends tell it all.

]]> By: Jean Joh http://www.prucalvoices.com/2009/05/missed-opportunity/comment-page-1/#comment-1055 Jean Joh Sat, 23 May 2009 20:20:44 +0000 http://www.pruvoices.com/?p=1355#comment-1055 Hi Terry, it's so true that the window of opportunity is not open forever. It's become that much more important for home buyers to make sure to have their "ducks lined up" and be informed about the market so that they don't wait too long to make a decision. Sometimes after missing out on one or two, I've found that my clients have become a little more proactive and bold about submitting an offer. Hi Terry, it’s so true that the window of opportunity is not open forever. It’s become that much more important for home buyers to make sure to have their “ducks lined up” and be informed about the market so that they don’t wait too long to make a decision. Sometimes after missing out on one or two, I’ve found that my clients have become a little more proactive and bold about submitting an offer.

]]> By: Larry Franzella http://www.prucalvoices.com/2009/05/missed-opportunity/comment-page-1/#comment-1054 Larry Franzella Sat, 23 May 2009 18:00:57 +0000 http://www.pruvoices.com/?p=1355#comment-1054 How true we are seeing buyers come out in droves. Interest rates are fantastic and now inventory is becoming short again. I beleive that you will not see the combination of lower prices and rock bottom interest rates for too long. Larry How true we are seeing buyers come out in droves. Interest rates are fantastic and now inventory is becoming short again. I beleive that you will not see the combination of lower prices and rock bottom interest rates for too long.

Larry

]]> By: Michael Monozon http://www.prucalvoices.com/2009/05/missed-opportunity/comment-page-1/#comment-1053 Michael Monozon Sat, 23 May 2009 17:16:54 +0000 http://www.pruvoices.com/?p=1355#comment-1053 Great point Terry, information is so powerful, and gathering it from professionals who work in the real market place is a good place to start the gathering process. The results allow a family to make an informed decision. That is the best way to live with whatever that decision is. By basing it on facts not part fact part rumors or part fiction. Great point Terry, information is so powerful, and gathering it from professionals who work in the real market place is a good place to start the gathering process. The results allow a family to make an informed decision. That is the best way to live with whatever that decision is. By basing it on facts not part fact part rumors or part fiction.

]]> By: Lee Ginsburg http://www.prucalvoices.com/2009/05/missed-opportunity/comment-page-1/#comment-1050 Lee Ginsburg Sat, 23 May 2009 05:04:37 +0000 http://www.pruvoices.com/?p=1355#comment-1050 Terry, How true it is. Buyer and sellers are scared. Buyers as you said must work with their agent and discuss the market. Having 100 agents in our office gives us immediate trends in many neighborhoods. It is imperative for buyers to be working with good agents that understand how to present an offer and how to negotiate it. You trained many of the agents in our office and the respect we get from others is impressive. Just today I made an offer in South San Francisco that had multiple offers. I wrote a fair price but good terms showed funds to close, cover letter, etc. and agent only counter us. Her response " I have confidence in you that you know waht you are doing". Thanks, Terry you taught us how to do it right. Just hope my clients realize the opportunity they have in front of them. Terry,

How true it is. Buyer and sellers are scared. Buyers as you said must work with their agent and discuss the market. Having 100 agents in our office gives us immediate trends in many neighborhoods. It is imperative for buyers to be working with good agents that understand how to present an offer and how to negotiate it. You trained many of the agents in our office and the respect we get from others is impressive. Just today I made an offer in South San Francisco that had multiple offers. I wrote a fair price but good terms showed funds to close, cover letter, etc. and agent only counter us. Her response ” I have confidence in you that you know waht you are doing”. Thanks, Terry you taught us how to do it right. Just hope my clients realize the opportunity they have in front of them.

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