Spokanebyowner.com Blog

Hey everybody! This is Deanna and I work in the office here at Spokanebyowner. I field a ton of questions and listen to worn out homesellers. Selling your home can be so tiring if you're not ready for choices you have to make. I opened Yahoo today and the main article (other than the one about pumpkin eating hippos???) was "Home prices plunge by most in 35 years". http://news.yahoo.com/s/ap/20061026/ap_on_bi_go_ec_fi/economy Now, how credible is a news source that lumps an article projecting a potential national recession due to real estate with pumpkin eating hippos?... well, that's an entry for some other blog. Anyway, the problem is that houses aren't selling like they were last year. Now the key to that last sentence is, "...like they were last year". Houses are still selling. The problem is that you only get to choose one: quick market time or high selling price. Of course everybody wants to sell their home for top dollar in one week, but our experience here says that, without divine intervention, you either get to sell your home quickly at a lower price (at the lower end of your appraised value range) or you'll have to wait awhile for a specific buyer who is willing to pay a higher price because your house is "the one". With average market times getting longer, buyers have a lot more time to consider your home and make sure there isn't another one just like yours for a lower price. That's my take. Do you have any ideas about speeding up a home sale?