Tips For Sellers in the Housing Slump - KLTV.com - Tyler, Longview, Jacksonville |ETX News

11/14/07-Tyler

Tips For Sellers in the Housing Slump

At Granite Division, polishing granite is a wet and slippery job.  But in an even "slippier" housing market, a little bit of granite could lead to a hefty payoff. 

"When you walk in you want something memorable," said David Rasco, president of Granite Division.  "We provide the memories."  Rasco with granite division said he has helped several homeowners looking to add that bit of pizzazz to their homes--anything that could potentially put their homes on the same level as other homes on the market.

Rasco said adding something like granite countertops to a home can give you a leg up when selling your home--a leg up sellers would appreciate.

Drive down any street, and "for sale" signs are part of the landscape.  This year, pre-owned home sales are down 7 percent.  While the number of homes available continue to increase, up 18 and 12 percent in the Tyler and Longview areas, respectively. 

Ernestine Cherry has been trying to sell her home in Tyler for two months.  She said she's disappointed it hasn't sold.  "It's not pressing.  It's not an emergency, but we'd like for it to [sell] soon.

But some real estate experts now say, if you can, it may be a good idea just to wait out this slump.  "If you can, pull it off the market and wait maybe until the spring," Nikki Perryman, a realtor with Keller Williams said.  "That way when it rolls in again, you can get top dollar for your home." Perryman said taking a little time to update and renovate your home can go a long way with buyers. 

"Take precautions and make sure that it looks the very best that it can look because you're going to be competing with other homes on the market," she said.  And in a buyer's market, maybe the seller can rest a little easier.

Realtors say to land that quick sell, there are some things you can do:  the more updates in a home, the more it will appeal to potential buyers.  And of course, pricing to sell helps in a competitive market. And working with a realtor can expose your home to more buyers.

Layron Livingston, Reporting. llivingston@kltv.com

 

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