Truth in Real Estate Market Disclosure?
I had an acquaintance of mine approach me the other day in regards to the current state of the real estate market. I told her what I tell everyone; I am having a much better year than I did in 2006 and I am personally expecting an even better 2008.
Is that a great spin on the market? Yes.
It is a true statement in regards to my personal business as I am doing just fine and foresee great things next year.
Is it a true statement about the market in general? Not really.
Homes are selling - that much is true, but sellers have to be prepared for what is coming at them.
If you know someone who is planning on selling a home in the near future, please give them this little piece of advice. Have your friend or family member ask their potential real estate agent for an honest evaluation of the real estate market. If they give you a rosy picture of how easy it will be to sell your home, ask them the question again. If they are start to get negative about the current state of the real estate market, I don't recommend using them to sell your house. What your friend needs is an honest opinion about the current real estate market in which they live. Think of it as your real estate professional's truth in real estate market disclosure.
If you want my honest opinion of the real estate market in St Cloud MN, or any of the surrounding Central Minnesota areas (Sartell, Sauk Rapids, Waite Park, St Joseph, etc.) you can ask for it here or e-mail me at jason@stcloudedina.com.
I'd love to hear your comments about this topic. Please post any questions, comments or concerns about the real estate community in St Cloud MN or national real estate issues for answers and review.
Jason Tangen, GRI - Broker Associate with Edina Realty St Cloud
www.StCloudEdina.com - Home of the e-MARKET ANALYSIS
www.StCloudEdina.com/blog - REAL ANSWERS for REAL ESTATE in St Cloud MN
