During my Real Estate career, I have always heard that the three most important things in selling Real Estate are location, location, and location.  I do feel that at this point, the Real Estate market has changed and this is not entirely true. 

The three most important things are probably price, condition, and location. 

Most calls we receive are buyers looking for the best value available.  In a market where prices have dropped over the last several years, people tend to be most concerned with price.

We have also seen that people do not want to spend money to remodel homes; even though they might be in a great location, but in bad condition.  This causes condition to be the second most important factor when purchasing a home.

Location is still one of the top three, but it has moved to third on the list of important things for buyers. 

This will change over time; but if there is one thing we can be sure of in Real Estate, it is that change is inevitable. 

 

Sincerely yours,

James Wedgeworth

Broker/Sales Agent