EXPIRED Listings Get a New Life with Just SOLD Knoxville
The big drop in inventories of homes for-sale is helping once-expired listings finally get sold. Sellers are finding re-listing their properties may offer them more luck now than a few months ago, according to Steve Albin of Just SOLD Knoxville.
Local inventories of single-family homes, condos, has fallen in the 6 months year, according to Steve Albin Inventories are at some of their lowest levels ever observed. Meanwhile, more buyers are coming off the sidelines, wanting to take advantage of record low mortgage rates and low prices, but are finding fewer properties to choose from.
real estate professionals report.While traditional real estate service is still the staple in East Tennessee, a market niche has been carved by traditional real estate agents seeking to provide individual seller a price advantage along with Full Service Market Value Real Estate Property Listing Service.
One thing worth mentioning is the speed at which these homes have sold. What many people don’t realize is that homes ARE selling out there right now IF they are priced correctly.
So it really helps to get a price advantage, which was my premise when I decided to lower the cost to sell. By lowering the listing side commission, you can lower your price and compete with the prices of the distressed properties on the market. That’s why these properties are selling – because they are priced correctly.
Many of these expired listings may need to address possible flaws that may have held them back in the first place — such as not priced right for the market or not in the right condition — before they return to the market, if they hope for a better outcome.
Steve Albin gives no-nonsense real estate advice to buyers and sellers most pressing questions.
The highest compliment for me, is for you to share this content with everyone you know who might benefit from the information. Thank you! (KAAR MLS Date Deemed reliable not guaranteed OMD 01/01/2012-05/31/2012 5196 CD 01/01/2012-05/31/2012 3929)