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New Orleans Real Estate Sales are Seasonal ! You can still get a seasonal Buyers Discount!

      As we near Spring 2009 you will begin to see more people in the market.  You will also see increased competition from sellers wanting your business.  The sellers that have been sitting on their property over the slow season are ready and eager to sell.  They have just paid their property taxes and begin to realise that an empty place is costing them money.

     As an agent you can do all the right things and just not sell something in the winter months and this was triple whammy slow season in 2008.  Hurricane Gustuf and the economic meltdown have been a headwind much like a hurricane in slowing sales down. 

      This is the seasonal discount that you can take advantage of .  This is especially true of a seller that started out to high and was bypassed by agents and buyers over the last couple of months.  This happens over and over, year end and year out.  As a agent you know that some sellers will  never look at the numbers.  In the end it cost them more.  For the buyer you can generally be looking at a $5,000 discount for something selling in the 200k range.

      This year I am telling my sellers to be right on the money on asking price.  Know who and what you are competing against.  Have the best possible unit so they will not have the carrying charge.  Make sure the condo is in tip top shape before putting it on the market.  Get the agent involved to give you some ideas and people that may be able to help you in getting ready.  Price and Condition are key in a slower market.

 

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Eric Bouler Realtor
Gardner Realtors
Metairie - New Orleans, La. USA