Wednesday, March 26, 2008

2008 Sales Off to a Good Start

As you may or may not know rates are really low, you can get 30 year fixed rate at 5.75% !! Many buyers are taking advantage of this and the lower prices and have started coming out and buying homes in 2008.

The first quarter started a little slow but has since picked up. We have had several properties sell within the first week or two of listing, a couple of multiple offer situations and even one property that sold for full price the first day it came on the market.

We are still getting a lot of inquiries about foreclosures and short sales, etc, and have been working on several. They require a lot of work and a lot of patience but can be worth it in the end. Foreclosures are still not as prevelant here in Charleston, SC, as they are in other parts of the country but we are seeing more of them come on the market. When I did a search for foreclosures (bank owned) properties the other day there were 64 of them in our mls out of some 10,000 homes for sale.

Some agents don't know how to put Bank Repo's in our system so this number may be a little low.

Remember we offer our Guaranteed Sale Program where if we don't sell your home in 120 days we will buy it for CASH !!

Also, when it comes to marketing we are second to noone in the Charleston market, we spend a ton of money and advertise our listings on over 19 different websites, including the # 1 real estate company site in the world, which is www.remax.com.

Stay in touch and let me know if you know of anyone that wants to buy or sell a home in 2008, thanks, David Wertan of Re/Max in Charleston, SC www.DavidWertan.com