Monday, January 28, 2013

Yesterday Tells The Story

Yesterday, Sunday January 27th, I held a condo open for inspection on the north end of Shore Acres in St. Petersburg.

My plan was to hold it open from 1 to 3 PM.

I did not advertise the open house in the newspaper.

I did not advertise it in the Multiple Listing Service.

I did not promote it with postcards on the community billboards.

I did not serve snacks and cold drinks.

I placed five "open house" signs up along the street directing passersby to turn in and visit.

That's it!

Before I could get out of my car in the parking lot, a man followed me onto the property, parked his car right behind me and asked if he could see the unit.  I unlocked the door and he looked around.

While he was looking around, two other groups of people knocked on the door and wanted to see the condo unit at the same time.

I still had not unloaded my info sheets and guest registry book!

In the next two hours I had at least twenty groups of people come through the condo.  Some were looking for themselves.  Some were looking on behalf of other family members.  Some drove away and came back with family members so they could see the unit themselves.  Some were investors.  Some were young.  Some were retired.

My plan to leave at 3 PM fell apart and I stayed until almost 4 PM showing the property.

By the time I got home, I was exhausted.

Here is my point: if there are that many people running around on the north end of Shore Acres -- which is hard to get to -- on a Sunday afternoon looking for real estate, what kind of property market do you think we have?  Pretty doggone active, I'd say. 

If you have property you think you want to sell, this is certainly the time to get it listed.  There is a shortage of high quality single family homes and condos on the market right now.  Prices are going up little by little.  Demand is high.  Mortgage rates are low.  People need homes. 

What are you waiting for?  List your property now!

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