DOES YOUR BUYER LOOK LIKE THIS GUY?
More than 50% of first time home buyers are fearful of obtaining a home because they are afraid of losing their jobs. Unemployment rate is hovering right around 9.5% so everyone is afraid at this time. Are you hearing the same concerns in your local market? Another major concern is not being able to sell their current home to purchase another home. Many people are staying in their current homes and not moving across the country. I believe the conventional way of doing real estate is not working for many people based upon the facts above. Home prices continue to fall. Why give away your home for nothing?
Americans know this is the time to buy. However, they are not ready to take the financial plunge. They know the interest rates are low and the $8,000 tax incentive is tempting to many first time buyers.
WILL THEY BITE?
I am tired of all the doom and gloom in the press. I have refused to participate in this recession. I have taken the following steps to get the message out there:
- Educate first time home buyers on real estate purchase and the many great reasons to purchase a home today. Cheaper to own oa home than rent
- Benefits of investing in real estate
- Offer several different lending options for first time home buyers
- Be the light of hope during these dark times
What are you doing to make a difference in your local market?
SHINE LIGHT ON THE DARKNESS. EDUCATE THE BUYERS.
Make the Call, Set the Plan, Do the Deal$!
Feel free to listen to my Radio Show to learn more about the phoenix real estate market, new trends, and the latest opportunities. The Real Estate and Beyond Radio Show Airs every Saturday from Noon-2:00pm on Conservative Newstalk KKNT 960am in Phoenix, Arizona. You can listent to past shows, or stream on-line.
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Thanks for sharing the info today
People need a Realtor to guide them through the steps of buying a home
I think there are some fearful people out there but also a lot of people going out there and trying to get a house.
We're making an effort to support first time buyers in cleaning up credit issues and taking the time to put some savings aside for down payment and closing costs. We're educating them on how the market has changed -- everything they used to believe as true no longer applies.
Eric thanks for the commet along with Katie
Chuck-I agree that many people are plunging into the real estate market. However, how many are missing out because nobody is teaching them?
Dorothy-That is great news. Keep going strong
Just remind them that 91.5% of the people still have jobs including them and that they have to get on with life. The news only plugs the negative stuff, look for the positive and go contrary to what is said, flip it around and you will see things are not that bad. Also most of the largest businesses today were started in recessions, there is a lot of opportunity out there you just have to look for it.
Nick and Trudy-I totally agree with you. We have to spread the message in your local community
Harry,
Our area has not been hit like the rest of the country but there are layoffs and anxiety about getting laid off. However for the most part buyers are excited about the lower prices, interest rates and the up to $8,000 tax credit they can get. Being positive and leading both sellers and buyers through the maze is my #1 priority!!
Dorie- I am 100% behind you all the way.
I found your article to be very informative on this subject. I always enjoy your posts.
It is scary out there. People need to be cautious so they can make their mortgage payment. Be smart and conservtive