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Home Sequim Homes For Sale

Not a Good Time to Sell

Chuck Marunde by Chuck Marunde
December 11, 2008
Reading Time: 2 mins read
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Sequim homes for saleIt’s obvious to most Sequim and Port Angeles homeowners who want to sell their homes that we are in a buyer’s market. Buyer’s are in the driver’s seat on price and terms, and its been that way for a period of many months now. In my opinion, now is not a good time to list your home for sale. (I’m a Realtor, too, so you would expect me to say the opposite.) For those who are desperate and have no choice, this counsel is irrelevant. You must list and do all you can to sell. That may mean you have to take whatever you can get, and that could be tens of thousands less than you hoped (or $200,000 less in one case I’m thinking of).

For others who are not in foreclosure or who do not have other exigent circumstances that are forcing them to sell right now, I recommend waiting until next spring, April 1st. Buyers are few and far between, and the deals they are cutting with those who are desperate to sell is almost embarrassing. Sellers who are forced to sell at low prices in the worst market we have ever seen in Sequim and Port Angeles and in the worst national real estate market we have seen in decades might just as well volunteer to get poked in the eye with the proverbial sharp stick.

Listing your home for sale right now in December in the slowest market with so few buyers (who are now very powerful) in the slowest time of year, is a bit like wading barefoot across a shallow river in Brazil at the precise time Piranhas are in a feeding frenzy.   Why do it?   You would wait until the Piranhas swim downstream.   My suggestion on selling your home in Sequim or Port Angeles is to wait until next spring.

As most homeowners know only too well, traditional real estate brokerage and traditional newspaper and magazine advertising has not been working of late.   Hmmm.   Wonder why?   Everything is changing.   The old rules are fading and new rules for buyers and marketing and the Internet are taking their place.   If you are serious about selling your home, and you want to sit down and talk about what works and what doesn’t work, and how you can move forward with your plans to sell, email me or call me.   There are creative ways to market your home for sale, and there is much more to pricing and negotiating than meets the eye.

Chuck Marunde, J.D.
chuckmarunde@gmail.com

Last Updated on December 11, 2008 by Chuck Marunde

Tags: Homes for SalelistingSequim
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Chuck Marunde

Chuck Marunde

Chuck grew up in remote Alaska, graduated from the University of Alaska with a degree in Economics and Teacher Certification, and after teaching high school for two years, went to law school at Gonzaga University in Spokane, Washington. He served four years as a Captain and JAG in the USAF at Nellis AFB in Las Vegas. After practicing real estate law for 20 years in Washington, Chuck founded iRealty Virtual Brokers covering Sequim and the beautiful Olympic Peninsula. He is the author of 2,200 real estate articles and a dozen real estate books, and he produced over 100 real estate videos. Chuck combined his love for real estate and technology to create a massive Internet presence, and his articles and videos and books have been viewed by millions. Chuck is a well recognized real estate expert and his counsel is sought by other brokers and practicing attorneys around the country. Buyers from New York to Hawaii and from Florida to Alaska seek him out to retain him as their buyer's agent, and home owners around the State of Washington seek him out because of his new Flat Fee Listing Service. 

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Comments 2

  1. rochester nh real estate says:
    14 years ago

    All the large real estate companies are beginning to post all their listings online now. Traditional print ads just aren’t having an effect anymore since they are selling less.

    Reply
  2. daniel says:
    13 years ago

    Hey very nice blog!! I will bookmark your blog and take the feeds also…

    Reply

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iRealty Virtual Brokers

iRealty Virtual Brokers reaches out to buyers around the United States with thousands of online articles, MLS sites, apps, real estate books, videos, and much more specifically to help buyers find all the answers to their questions. We also now offer a flat fee commission listing service that saves sellers tens of thousands of dollars.

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  • Home
  • Search MLS
    • Sequim MLS
    • Sequim MLS Map Search
    • Port Angeles MLS
    • Port Townsend MLS
    • San Juan Islands MLS
    • All Islands MLS
    • How to Search the Sequim MLS
  • Videos
    • Sequim Videos Q&A
    • Buyer Videos Part 1
    • Buyer Videos Part 2
    • Buyer Videos Part 3
    • Buyer Videos Part 4
    • Living in Sequim Video Channel
  • Books
    • Sequim Real Estate for Buyers (Free eBook Updates Forever)
    • Sequim Real Estate: A Buyer’s Guide (Paperback)
    • Escaping California to The San Juan Islands
      • Menu Below
    • Buying & Selling Real Estate in The Rain Shadow
    • Real Estate From Bricks & Mortar to High Tech Virtuality
    • The Seven Myths of Selling Your Home
    • Buying Your Retirement Home
    • The New World of Marketing for Real Estate Agents
  • Agents
    • Professional Buyer’s Agent
    • Flat Fee Listing Broker

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