Realtor's Summit/DC Convention Center

 

Summer Real Estate Market

The inventory is tremendous right now. I think I showed about 60 homes last week! I was mostly working in the Brookland, Woodridge, Michigan Park area of NE Washington, D.C.
I love real estate. I love the houses, the sellers, the buyers and everything about it. However, I do have complaints as well.
With the market being a little soft, you would think now would be the time for the agents to put their thinking caps on and figure out a way to make their property listings stand out in the crowd. I have been in homes recently where you could not walk in the basement because it was wall to wall, floor to ceiling with junk. People living in the homes, sitting on the beds with clothing and junk piled all around. A stove so dirty, I don't know if I could use it even after it was cleaned. A bathroom that was used for a kennel for a dog and never cleaned. Walking down the side of a home and having to step over trash after piece of trash. Inability to open doors because the way is blocked by junk. Now you might say, well the price was right, right? Well, no the price was way up there in the high end. I am wondering if the agents even walked through the house. I am wondering if the agents are afraid to speak frankly with the sellers. I did walk in a few homes that were ready for market and my first remark was, "these people want to sell this house!" I have run into a lock I had to fight with for 20 minutes with no luck and calling the agent and waiting a half hour for a response only to be told, "just giggle it". Well, in this market, I shouldn't have to giggle the keys. If a lock doesn't work, replace it. Make it easy for your property to be shown and thereby sold. If homes are staying on the market for 200 + day I think you cannot keep blaming the market. Get those home in show condition. Price them right.
When homes are on the market so long and agents keep reducing the price it just drags the market down more and then we say oh, what a bad market when we could have a good market just by getting things done right in the beginning. So, list those homes. Make sure the locks work properly. Make sure the property is in show condition. Price them right. Our industry deserves it.

So we begin.....

This is a new blog for me where I will share my knowledge of real estate, give you information on the market in Riverdale Park, and answer any real estate questions you may have. My plan is to post the 4th quarter market report from the multiple listing system so that you can see what's going on in the market in your area. Next I will give you a run down on what is available in the town of Riverdale Park, what has been sold, price, days on the market etc. So, this is my first post telling you what my plans for this site are. Please check back in the future.