No question the commercial real estate market is about to collapse.

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Real Estate values continue to decline

Listing your house at the right price

List your house at the price your real estate agent says. The agent should be able tell you what your house will sell for. They should have comps of recent sales within the last 3 months. These are the same comps that mortgage appraisals will use when appraising the house. It is very important to list your house at the right price.

Preparing you house for showng.

Make sure your windows and doors are clean.
Be sure to vacuum the carpet in every room.
Make sure there are no unpleasant odors in the home.
Tubs and tile should have clean grout and caulk.
Make sure your basement has no evidence of water.
Landscaping should be kept as neat as possible.
Keep any clutter in a storage room.
Leave as much open space on the floors as possible.
Keep your house prepared to be showed on short notice.

How to choose a Real Estate Agent

Make sure they have an established presence in your area. The agent should have a regular mortgage representative and a title company representative. Many deals fall apart because the real estate agent does not have enough credibility
to make mortgage companies and title companies complete their work on time. The agent you choose should have the respect of the real estate community.

How to sell your home in a down market

The best thing you can do is list with the top agent in your area. Make sure your real estate agent knows everything about the city you live in. Traffic patterns where the schools are where the parks are where local shopping is. Look for agents that you see their signs all over the area. Make sure the agent works full time and is committed to selling your house. Top agents have experience negotiating skills and the money to spend on advertising. Understand that the market will dictate the price your home will sell for and the real estate agent will work to close the real estate deal.