As a RE/MAX agent working in the Merrimack Valley and North Shore territory I find it an exciting time to be in the real estate profession. The challenges that my clients (both buyers and sellers) face as they set a set a stiff upper lip against this economy are the same challenges that I must face in order to assist them in their goals regarding home ownership. Never before has it been as necessary for us to be as knowledgeable about our market place as it is today. This should come as welcome news to those of us who thrive on being indispensible to our clients.
Buyers and sellers rely on us more and more to help them understand the complex real estate landscape. Interest rates, absorption rates, tax credits, pending legislation, unemployment rates, sales vs inventory, list prices vs sales prices, the data that a good agent must know in today’s real estate place is significant.
For instance, it’s important to explain to my sellers in Andover that there are legitimate hot spots, namely any home under $450,000, that has created a seller’s market, whereas if you are above the $900,000 you’re looking at 14 months or more, on average. Conversely, my buyers received individual text messages from me last week heralding the good news regarding the extension of the $8,000 tax credit until April 30, 2010.
It’s more important now than ever to be in the know if you are going to really help your clients.
Nancy Judge
Realtor®
Licensed in MA and NH
Loss Mitigation Certified
Re/Max Partners
44 Park Street
Andover, Ma 01810
Direct # and Fax #: 978-482-3903
Cell: 978-417-9009
Website: http://www.JudgeRealEstate.com
