Then and now, how times have changed in the housing market
I noticed a cute post at Inman News Blog about how times have changed in the real estate market. Written by Doug Buenz, an associate broker with Alain Pinel Realtors in Pleasanton California, some excerpts.
Then: Hoping for multiple offers on your home Now: Hoping for multiple showings (i.e., more than one) a month
Then: Buyers writing cute, heart wrenching letters about how badly they want the house Now: Sellers writing desperate, heart wrenching letters to potential buyers hoping they buy the house
Then: Listing agents putting a “Coming Soon” sign rider as soon as the sign goes up Now: Listing agents putting a “Price Reduced” sign rider on as soon as the sign goes up
Then: Sellers informing buyers that they will look at all offers a week from Tuesday at 4:00 PM Now: The lender informing the sellers that their home will be sold a week from Tuesday at 4:00 on the courthouse steps
Read more.
The good old days, how times have changed.