Herb's Portland Oregon Real Estate Blog your RE/MAX Agent

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The Story that Devoured Cleveland

It appears as if the mortgage market woes and the effects that they are having just does not seem to want to go away. Even though it truly does effect only a small part of the market and there are many real estate markets that are doing quite well, the story is just too good to die.

                                            It's the Story that Devoured Cleveland!

Recent reports I have read on the blogs and have heard on the various talk shows points to the potential for a strong 4th quarter and or 2008 1st quarter for the housing industry. Several factors point to this.

  • Number of housing units typically sold compared to those that have sold. ( Pent up Demand )
  • Restructuring of Investment loans with out all of the dangers associated past loans ( good money to be made for investors they want to return )
  • A potential for a sound drop in the Interest rates and more government intervention.

In the early to mid 1990's we seen the same thing with a stall in the market what we all called " Normal ". That flat stall for 24 or so months built up a back log of pent up demand so large that it threatened to Devour us all.

I ask you are there any signs you see in your market pointing to these factors. Or is it all just Doom and Gloom for you? Can you see any glimmer of light at the end of the tunnel?

 In Portland the Market marches on with a slightly less that 10% increase in the last 12 months. Listing Inventory is however soaring and Pending Sales continue to fall. None the less in many parts of our city there is competitive bidding on fair price properties.

Don't let that bargain pass you by Let_Your_Next_Home_Fnd_You!  Looking for that home in Downtown Portland has never been easier!

RE/MAX Broker Herb Hamilton Presents :

www.portlandrealproperty.com  Where Buyer's and Seller's come for More Portland Oregon Information and a MLS Search.

" A Real Estate Transaction with Herb is one You will Profit from "

Search  Portland Oregon Homes For Sale Right Here

" A Real Estate Transaction with Herb is one YOU will Profit from "

Keeping Your Seller Happy ! Are You?

Are you keeping your Seller Happy or do you keep your Seller Happy? Are you doing the things that today's Seller's have come to expect? Do you wimp out and provide services to Seller's that you know do not produce results, yet you do them anyhow because your trapped by the old cliche " You have to Keep Your Seller's Happy ! "

Keeping your Seller Happy is of course what we all want to do. Yet too often we substitute sound business practices with expensive activities that do not produce results under the guise that we are keeping our Seller's Happy. With only so much money available to be spent especially in today's market, working Smart is imperative.

There is only one activity that will keep any Seller happy and that is a Sale. Yet there is not a day that goes by that I don't read or hear those awful words " You have to keep your Seller Happy ". Mean while each and every year we spend untold hundreds if not thousands of dollars on seminars, books and the like, hoping to find new ways to advertise and promote our properties. Yet when push comes to shove many of us immediately cave in to the old mantra of Keeping Our Seller Happy.

The one thing that we are taught early on in our business as professional real estate sales people and Broker's is to promote our selves as professionals. After all we do have a license by the State to conduct real estate activity. And don't we all participate in continuing education as required by the Real Estate Agency in order to maintain that License. Yet we often allow ourselves to be manipulated by those who would employ us for our expertise and knowledge into working passive marketing techniques that we know will produce little or no results.

I ask you. How much respect would you have for your Doctor or your Attorney if they allowed you to dictate to them how they should conduct their business while representing you?

It is time for us all to stand up, create and execute a plan for marketing our homes with conviction. For we are the professionals and it is time we started acting like it!

Real_Estate_Broker_Herb_Hamilton's_Portland_Or._MLS_&_Buyer's_Web_Site  Let Your next Home find you!

" A Real Estate Transaction With Herb is one You will Profit from "

 

Search  Portland Oregon Homes For Sale Right Here

" A Real Estate Transaction with Herb is one YOU will Profit from "