Showing posts with label Home for sale in Sioux Falls. Show all posts
Showing posts with label Home for sale in Sioux Falls. Show all posts

Friday, April 29, 2011

Pending Home Sales in Sioux Falls and Nationally


You can’t pick a better time this year than NOW to sell your home in Sioux Falls SD area.  As we who live here know the winter season is long and tough. As soon as the sun starts shining buyers start showing up. The market time from list to close could be 3-4 months from start to finish. So by getting your house on the market now you will be catching those prime buyers who want to find a place and move into it before schools start and autumn comes around.
We are already seeing pending home sales in our area going up and an increasing number of home buyers seeking houses.
This trend is more than just seasonal and regional. Here is the rising home sales trend as stated by the National Association of Realtors® …
Washington, DC, April 28, 2011
March saw another increase in pending home sales, with contract activity rising unevenly in six of the past nine months, according to the National Association of Realtors®.
The Pending Home Sales Index,* a forward-looking indicator based on contract signings, rose 5.1 percent to 94.1 in March from a downwardly revised 89.5 in February. The index is 11.4 percent below 106.2 in March 2010; however, activity was at elevated levels in March and April of 2010 to meet the contract deadline for the home buyer tax credit.
The data reflects contracts but not closings, which normally occur with a lag time of one or two months.
Lawrence Yun, NAR chief economist, said home sales activity has shown an uneven but notable improvement. “Since reaching a cyclical bottom last June, pending home sales have posted an overall gain of 24 percent and demonstrate the market is recovering on its own,” he said. “The index means modest near-term gains in existing-home sales are likely, which would be even stronger if tight mortgage lending criteria returned to normal, safe standards.”

Saturday, March 26, 2011

Rule of 3 and Open House On Demand!

open house on demand?


I have a rule of three. If my brain takes note at least 3 times on something interesting I've seen, heard or dreamt, I scribble out a plan.

Last weekend, I was doing the proverbial Sunday Open House from 1pm to 2pm.  And In walks a person I've seen at this same house, same open day/time about a month prior.  I said, "Hey! Long time no see! Came to look again?" The young lady responded, "YES! I've been waiting for you to do another open house on this place."

HUH? I thought. Brain spark.

"Well, you still have my card from last time?" I asked.  "Yep!" She said. "Then, why didn't you just call me then?! I can show it to you any time!"

She said that she didn't want to put me out by calling and scheduling a showing. She said she'd just prefer to stop by when the house had a scheduled open.

It is then that I thought to myself, This is like the third time someone has said they didn't want to bother anyone, and just want to see the house during an open. Third time.....third....time....THIRD TIME! stop.....Rule of 3.....make a note to self.

So now it's Monday. I've got to put in ads for the next weekend. Gotta schedule open houses. I have 9 great listings, limited time and can't possibly do opens for ALL of them in the same weekend.  But people are waiting to see these homes! Then it hits me.

I'll do OPEN HOUSES ON DEMAND. I can have a bunch of listings available to show for a vast space of time BOTH Saturday and Sunday!!  All I have to do is make signs that say "Open House on Demand! Call on the fly or schedule a time between 11am and 6pm you'd like to see this home!"

Hmmm...Open House On Demand? Yeah, I know its weird. Probably a bit clumsy and confusing at this point. But I think this just might work. 

I'm putting my internal self-editor on hold. I'm choosing to let that brain spark ignite and fire away. I'm gonna trust my rule of 3. I might stumble, but then I'll skip and eventually I'm going to hone this puppy down.

Let's see how this goes!! Wish me luck!  Heck, you can always set your own open house on demand and let me know what you think!  Saturdays or Sundays between the hours of 11am and 6pm!