Sunday, June 22, 2008
"Sweet Deal for Homebuyers" - Daily Progress
We love a good read with our morning coffee. And today we learned something.
"Homebuyers should not be greedy," says Keller Williams Real Estate Agent Arlene Yobs.
This sage counsel was offered to Real C'ville - The Bubble Blog and thousands of other readers in the Sunday Edition of The Daily Progress, in a story subtitled Sellers turn inventive with unusual incentives.
"Be reasonable and try to be fair," Yobs added.
The article tells us that as of Friday, June 20, 2008, there were 3,753 properties on the market and that with so much inventory, sellers often have little choice but to sweeten deals with incentives.
In other parts of the country, property prices are falling as sellers realize the market is in chaos. But here in C'ville, often late to national trends, RE Agents are apparently just starting to wake up and suggest to sellers that they offer "extras. "
Our balloon is made of helium, apparently, not just hot air.
Realtor Marjorie Adam’s firm has drawn up a “menu of concessions” for Seller clients, which have included offers by the seller to pay for swing sets, interior paint jobs and moving expenses.
A couple of agents interviewed for the article also concede that "Home sellers are often willing to knock a few thousand dollars off the listing price."
But we all know that little gifts are a lot more appropriate in this fun inflated market.
Real C'ville - The Bubble Blog has a little gift for sellers: we refer you, of course, to our own Info, Tools & Tips for Bubble Buyers & Sellers.
But we're full of ideas here at the Bubble Blog. So we want to share with you some more "incentives" we've come up with for Sellers to toss in to the sale of some properties we've visited on this blog:
626 Booker Street - $149/9K
What could be better than some new lawn furniture?
1606 Grove Road - $380K
A nice brick Cape in Meadowbrook Heights, this house has a backyard that would be perfect for a hand-made croquet set. So thoughtful!
935 Belmont Ave - $375K.
This Belmont Beauty has an arbor with an old grape vine on it in the yard, which was originally for sale separately. Since the "two" properties are now being sold as one, a course in Winery Design and Equipment from PVCC would be quite thoughtful.
1614 Oakleaf Lane - $349.9K
This little bungalow in the Greenbriar neighborhood has been "done" to the hilt. There's little else to add to this property except an in-ground swimming pool.
833 Locust Avenue - $549/9K
This beauty in the Locust neighborhood needs to make good use of its double lot. Some organic gardening is in order, and for the serious plant enthusiast, some lessons in sacred plant traditions.
702 Belmont Avenue - $519K
This Belmont stunner has everything you could ask for--except land. A large flatscreen TV for the bedroom would allow the new owners to watch DVDs of nature documentaries, so they remember what it's like to be among grass and trees.
606 Lexington Avenue - $329K
This little gem in North Downtown is already conveniently located near the Downtown Mall. The perfect little gift-with-purchase would be a Segway.
Seven Oaks - $12,500,000.00
Of course the only "logical" gift-with-purchase for Coran Capshaw's place is a guaranteed annual appearance.