A VERY ACTIVE AND UNUSUAL REAL ESTATE MARKET

I haven’t been posting photos of listings recently for obvious reasons. The real estate market is crazy! I had just uploaded this lovely Wellington property on MLS a couple of weeks ago and in less than a couple of MINUTES I had a call on it…I was like ???? 18 showings on a FRIDAY, 40 showings in one weekend and 17 offers, then under contract. Days on market- 4. Like I said… NUTS.

I have been working in real estate for over 17 years and have been through the ups and downs of some very unusual markets.  Here’s some advice:  Sellers and listing agents- prepare for the unexpected. Have a pre-listing inspection and take care of issues BEFORE you put the property on the market.  Buyers and buyer agents- prepare. Have your ducks in a row– get pre-approved, fill out all of your paperwork completely, include your pre-approvals, proof of funds and summarize your offer in the e-mail if you want to win friends with the listing agents. Going through multiple offers and pages and pages of contracts can take so much time.  Summarize and receive your responses to offers more quickly. 

THIS MARKET IS TEACHING US ABOUT COLLABORATION AND COOPERATION, HOW TO RESPECT EACH OTHER AND BE NICE. It’ll all work out the way it’s supposed to work out. BREATH everybody. 🙂

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