David Saks: March 2013

David Saks - Real Estate Broker - The Real Estate Mart of Tennessee, Inc. - 4040 North Watkins-Suite #4 - Memphis, Tennessee 38127 - Phone (901) 357-4663

Is It Really a Sellers' Market ? Or Are You Just Deluding Yourself ?

It's well known that in a sellers' market competition for a listing steams the buyer's enthusiasm and the bidding is aggressive.

Motivated buyers rely on good advice from their agents and want to believe that their position is optimal, and that the market is ripe for a bargain.

 

New listings attract buyers, especially if they're priced to sell.

 

New listings that are priced to sell can command lots of offers.

 

Seller's in buyer's markets tend to give up at times because of the competition.

 

If you're experiencing a weak market in your region listings that are priced and marketed right will get some offers.

 

On the other hand, if they're not, the frustration cycle commences and the

DOM is tediously protracted when the market insists that the sale price possesses the reasonable quality of being "good looking and attractive", based on sound market reviews.

Sellers' market is a difficult one to deal with and the reverse of a buyer's market.

 

The effort becomes a little more complicated if you have more sellers in the market because finding a buyer will require some effort.

 

Buyers want to save money, have reasons to be concerned about financing, and want to optimize the potential for every degree of excellence and worth that renders a home desirable.

 

Sellers choose which buyer's offer to accept.

 

The market is still in a state of recovery.

 

Declining markets still exist.

 

http://www.nuwireinvestor.com/articles/foreclosures-back-up-60614.aspx

 

Sellers want to sell if the mortgage is upside down.

 

Many homeowners still face foreclosure.

 

The nation still has a long way to go.




David Saks



Time&Temp Memphis

Legal Disclaimer
Please be advised that:

 The information and notices contained in this blog are intended to summarize recent developments and news. The posts are presented as general research and information. These posts are not intended, nor should be regarded, as legal advice. Some blog posts concern allegations made in civil lawsuits and in criminal indictments in United States Courts. All persons are presumed innocent until convicted of a crime and proven guilty. Readers who have particular questions or who believe that they need legal counsel should seek the advice of a qualified attorney. It is neither the editor's or author's intention to create a confidential relationship or any broker-client relationship via communication from this site at any time. Please consult with your state real estate board if questions & answers in the education section conflict with the laws of your region or if you need clarification regarding their applicability or how they may govern the services that you provide.

By entering this web site, you understand the following:
When you select a link to an outside Web site, you are subject to the privacy, copyright, security, and information quality policies of that Web site. David Saks:
1.DOES NOT control or guarantee the accuracy, legality, relevance, timeliness, or completeness of information contained on a linked Web site;
2.DOES NOT endorse linked Web sites, the views they express, or the products/services they offer unless linked web sites, the views they express, or the products/services they offer endorse or support David Saks in accordance with the standards of the Tennessee Real Estate Commission and the Federal Government's laws regarding commerce and the application, solicitation and transmission of internet-related concerns, commerce or social networking;
3.CANNOT authorize the use of copyrighted materials contained in linked Web sites;
4.IS NOT responsible for transmissions users receive from linked Web sites;
5. That DavidSaks.Com is biographical & real estate related. Some links within will leave this site.
6. http://activerain.com/profile/davidsaks is internet-compliant & abides by the rules & regulations of the Tennessee Real Estate Commission, Eve Maxwell, Executive Director.
7. Unless indicated otherwise, ActiveRain does offer listings, or IDX and is provided for licensed salespersons, brokers, buyers & sellers of real property as a community & professional service.
8. David Saks is a retired / licensed real estate broker in the State of Tennessee, license #290452, and an independent contractor.
9. Information is believed to be accurate, but not guaranteed, at any realty link or document connected to the World Wide Web & viewable by anyone connected to the internet who has a web browser.
10. Brokers, buyers, sellers, agents & anyone should independently verify any information prior to submitting any offer to purchase goods & services from any link.
11. Please Visit The American Real Estate Alliance or Memphis.8k.Com for additional information regarding property issues for real estate professionals and consumers.

 

Photos © & Licensed by Nova Development

All Content Protected © 
Before you even think about
committing a real estate crime
click this red button.
Real Estate Crimes

© All Rights Reserved.

 

 

 

 

"Information generated by the Department of Justice is in the public domain and may be reproduced, published or otherwise used without the Department’s permission. Citation to the Department of Justice as the source of the information is appreciated, as appropriate."

Department of Justice Legal Policies


 

  Real Estate Crimes

 

Click "HERE" For Today's Question

 

 

TheListen Now!

David Saks Show

Saturday Nite

9pm-12am Central

University of Memphis

WUMR

 

Support
America's Hobby

Click Elvis

Mr.Saks' participation in ActiveRain ended April 13, 2015.

His blog archives will remain online.

May God bless you.

Comment balloon 4 commentsDavid Saks • March 24 2013 02:13PM
Is It Really a Sellers' Market Or Are You Just Deluding Yourself
share
It's well known that in a sellers' market competition for a listing steams the buyer's enthusiasm and the bidding is aggressive. Motivated buyers rely on good advice from their agents and want to believe that their position is optimal,… more
Businessman Charged - Alleged Fraud Scheme Targeted Church &…
share
Hogsett Announces Indictment of Indianapolis-Area Businessman for Wire Fraud U. S. Attorney Says Alleged Fraud Scheme Targeted Local Church, Business U. S. Attorney’s Office March 22, 2013 … more
Purported Real Estate Investor & Alleged Straw Buyer Charged w…
share
Purported Real Estate Investor and Alleged Straw Buyer Charged in New Jersey with $13 Million Mortgage Fraud Scheme U. S. Attorney’s Office March 22, 2013 District of New Jersey (973)… more
Real Estate Investment & Sales Recruiter Convicted of Fraud
share
Randallstown Man Convicted of Bankruptcy Fraud and Filing False Tax Returns Failed to Report Income and Assets Totaling More Than $740, 000 and Attempted to Fraudulently Discharge Debts of More Than $1. 1 Million through… more
Federal Jury Convicts Woman of Bankruptcy and Mortgage Fraud Scheme
share
Federal Jury Convicts Vallejo Woman of Bankruptcy and Mortgage Fraud Scheme Defendant Used Illegal Property Transfer and Fraudulent Mortgage Application to Drain More Than $147, 000 in Equity from Residence in Bankruptcy Proceeding &… more
Former Jackson Attorney Clay McCormack Indicted for Bank Fraud
share
Former Jackson Attorney Clay McCormack Indicted for Bank Fraud, Making False Statements U. S. Attorney’s Office March 18, 2013 Western District of Tennessee (901) 544-4231 … more
Real Estate Developer, 2 Attorneys, & 2 Other Men Indicted for…
share
Former Northwest Arkansas Real Estate Developer, Two Attorneys, and Two Other Men Indicted on Bank Fraud, Bankruptcy Fraud, Wire Fraud, and Money Laundering Charges U. S. Attorney’s Office March… more
Man Pleads Guilty to Wire Fraud
share
Man Pleads Guilty to Wire Fraud U. S. Attorney’s Office March 20, 2013 District of South Carolina (803) 929-3000 &… more
Man Sentenced to 30 Months for Conversion
share
Tallahassee Man Sentenced to 30 Months for Conversion U. S. Attorney’s Office March 20, 2013 Northern District of Florida (850) 942-8430 … more
Another Mid-Day Mid-Week Elvis Moment
share
Here's your mid-day mid-week Elvis moment. more