A couple of weeks ago, I was captive at a seven-hour brokers’ meeting at Cape Cod and Islands Association of Realtors. Not being accustomed to sitting still for so long, by hour five my attention began to wander.
I know I’ve been really busy the last six months (and the market is really strong), so I became curious if it was just my business or everyone’s that was so strong.
I took advantage of a restroom break and went into the MLS office to check out the stats. To my surprise and delight, I discovered that I am the #1 agent in Falmouth for closed transactions! I’m thrilled, and profoundly appreciative that enough of you wanted to work with me to make this happen.
From the bottom of my heart, thank you so very much. This honor won’t last long, but my commitment to my clients and killer work ethic are forever! Please stay in touch and think of me when you or your friends need a great agent. As you who have worked with me know, my standards are high and I get the job done.
I thank you again with appreciation and humility.
Now read on to see what I’ve been up to lately:
Some people swear by the information in market reports. I usually don’t. I think they are a useful indicator of what’s going on, but a nice house in a good location at a fair price is always going to sell. However, the current market is nuts! Here are February statistics:
Pending sales for Falmouth single family properties in February 2016 were up 144.4% over February 2015! At the same time, the inventory of homes for sale went down 24.2%. The conclusion is obvious: We are in what is probably the strongest Sellers’ market in a very long time. This is great for Sellers but very difficult for Buyers as you can well imagine. In addition, it takes only a few weeks of a Sellers’ market before prices start climbing.
Buyers need to be well-prepared with an iron-clad pre-qualification letter; a flexible schedule to see appropriate new listings as soon as they hit the market; and the ability to make a quick decision and the fortitude to stick with it through the ups and downs of the first few weeks of an accepted offer. People who lack even one of these probably won’t get a house in this market. Then prices will go up, and they’ve missed an opportunity.
On the other hand, if you’re a Seller, your timing couldn’t be better. Call me! My listings are selling quickly, at or very close to full price, and often with multiple offers.