The decline in licensed realtors is predicted. The driop should be apparent by January. Where did they all go? When the market is good the world is flooded with Real Estate agents. The market is booming and so is their business. In a good market it takes very little to get a property sold or to get a buyer to “buy quick” before the pricing goes up …again. It is a lucrative business when times are good. With little more than a few class hours and an exam they are ready to tell you how to deal with one of the largest investments most people make in their life. .. a home.
There is a good chance the realtor that sold you the home no longer is in the business. And if they are still in the business what money is left in their pockets to spend on your property for advertising. Although every seller should be sensitive to a marketing budget it may be wise especially now to review a plan with the agent you hire. Times are changing and more to the point Times have changed. More and more selles who paid to much for properties are going it alone when putting their homes back on the market. With over priced properties, rising mortgage payments who can afford to hire back the agent that convinced them in the first place it was “the time to buy”. For Sale by Owners are plentiful and certainly capable of pricing their home, putting a sign in the yard, posting ads on the internet and newspapers and showing the property. For many it is not a choice it is a real way of earning their money back.
