The downtime the past few days has given me an opportunity catch up on my reading of the blogs of real estate agents across the country. Here’s some of topics and thoughts:
BUYERS: A number of agents were reporting that they were showing homes last week and putting offers in for those buyers. It seemed that many of those buyers were 1st Timers wanting to take advantage of the $8000 tax credit. Except for agents in the WARM states, I didn’t read much about move-up buyers, but perhaps, that segment will increase once the 1st Timers get through the inspection phase of their purchase. If this occurs, then we should see the current homeowner market begin to shop for homes. We really need the “trickle-up” effect to take place to get the more expensive homes moved off the market.
OPEN HOUSES: For some reason, there were several bloggers discussing the benefits of holding open houses in today’s world. It’s pretty much equally divided. Most say it depends on the home, the price, and the location. The security risk to both the home and to the agent are being cited more and more as a reason to not have an open house, especially given all the photos that can be posted on the Internet for serious buyers to view. Almost all agree that an open house seldom sells the home being held open, but rather provides a new source of clients for the agent. No surprise there!
POLITICS: Because the real estate business is so closely tied to the economy, agents seem to be stepping up their political commentary. Agents are also self-employed so all the heath care issues are a hot topic as well. Generally the commentary is of the ilk to “throw the bums out” for those who vote without having read a bill.
NEW TECHNOLOGY: Real estate bloggers LOVE their techie toys because often our cars are our offices and our smart phones are our lifelines. Bloggers tend to be the “early-adaptors” so being quick to try new techie advances is not surprising. Lots of discussions on the pros & cons of the I-Phone, Blackberries and Droids, plus, actual reports of the Verizon vs AT&T service. My summary of the conversations: IPhone is cool but glass breaks; AT&T drops lots of calls; Blackberry is better for business but less-cool; Verizon is best for service & coverage; Droid is still too new for many opinions.
2010 BUSINESS PLANS: Many agents are working on their plans, trying to sort out what’s going to happen with (1) jobs, (2) inflation vs interest rates, (3) banks, TARP funds and tighter/looser lending restrictions, (4) home buyer Tax Credit impact, especially after the credits expire Apr 30, (5) whether the final language in Cap & Trade will penalize home sellers, and (6) increased government spending and regulation.
Now wasn’t that exciting? Not sure I have anymore answers for my 2010 Business Plan than when I started reading. Let’s see …. where did I put that crystal ball?
Copyright © 2009. Elaine Reese, Real Living HER. Reproduction of any portion of this blog post or the images is prohibited by the Digital Millennium Copyright Act. If this post is being viewed on any site other than www.ReesesPiecesOfRealEstate.com then the material has been stolen without permission. Violators will be reported.
Mailbox litter – how do we stop it?
I personally don’t care for these flyers as they make the neighborhood look messy, especially when they blow away into our yards and streets. Similar to these flyers are the “free” newspapers that are thrown in our drives.
As a Realtor®, this “litter” creates real problems when the home being sold is vacant. To keep the home looking presentable – and NOT look vacant – I do frequent drive-bys to remove the papers and flyers. I know the days the newspapers are delivered, so I time my schedule to do the pick-ups then. The other business flyers are random, so they are harder to monitor.
In my previous career, I traveled frequently. I would make arrangements with the P.O. to hold my mail while I was gone. There was nothing I could do to stop the incessant flyers other than ask my poor neighbors to toss the junk around my mailbox when they saw it. There was one real estate agent who habitually left flyers, so I called her to explain my situation and asked her to please not leave the flyers at my address. Apparently my multiple requests to her fell on deaf ears, as it didn’t stop. When it came time for me to sell that home, guess which Realtor® I DID NOT call.
With the issues we have today of thieves entering vacant homes to steal copper, these flyers have become even more of a concern because they are a bold advertisement of an empty, unoccupied home.
I would like to make a plea to to the businesses using this form of advertising and to the newspaper delivery folks. If you see a “For Sale” sign in the yard, please don’t tack your flyer to the mailbox or throw your paper in the drive. You might just be contributing to a burglary.
Copyright © 2009. Elaine Reese, Real Living HER. Reproduction of any portion of this blog post or the images is prohibited by the Digital Millennium Copyright Act. If this post is being viewed on any site other than www.ReesesPiecesOfRealEstate.com then the material has been stolen without permission. Violators will be reported.
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Posted in Central Ohio, Commentary, Home selling process, Homes, Homes for sale, Safety, Sellers, Sellers
Tagged central ohio real estate market news, mail box flyers