"So How's The Real Estate Market?" What's your usual answer to this question these days?

By
Real Estate Agent with John Aaroe Group BRE #01708344

I get asked this question so much.

For varying reasons.

Sometimes it's because people are genuinely curious.

Other times it's a loaded question where the person asking me is a total "Debbie Downer" and needs affirmation of their negative outlook on the world.

For these kind of people when I state the market is pretty fair, they have a pre-loaded response like "well, that's not what I hear"  or "my brother-in-law says the market is in the dumpster".

There's always someone who needs to make themselves appear like the authority figure when in fact they wouldn't know the real state of the market from a hole in the ground.

What's your response to this classic question?

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Re-Bloggged 2 times:

Re-Blogged By Re-Blogged At
  1. Richard Ruggaber 04/09/2010 10:40 AM
  2. Rose Osman 07/22/2010 10:57 AM
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Topic:
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Location:
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Tags:
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ralph gorgoglione
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Comments 15 New Comment

Rainmaker
281,654
Carra Riley
CRB, CRS, GRI
Author, Speaker, Consultant, Carra Riley Inc.

Ralph...I think being honest is the best policy.  If they want to sell, the answer is one thing, if they a wanting to buy it is another.  It is a buyers market in a large part of the country, so it may be easier to get a value purchasing than it is to get top dollar on a sale.

cosmic cow

April 08, 2010 11:21 AM
Rainmaker
916,178
Georgie Hunter
Maui Real Estate sales and lifestyle info
Hawai'i Life Real Estate Brokers

"it depends if you're a buyer or a seller... it's a great time to be buying!"

April 08, 2010 09:57 PM
Ambassador
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Steve Shatsky
Dallas Real Estate & Short Sale Specialist (214)213-0340
Prudential Texas Properties

Hi Ralph... my standard opening line is "Like nothing you've ever experienced before!"  And then I go on from there.

April 08, 2010 11:43 PM
Rainmaker
1,271,391
Sally K. & David L. Hanson
WI Realtors - Luxury - Short Sale - CDPE, REDS
Keller Williams 414-525-0563

People tend to avoid eye contact when this question comes up....we greet it with a smile and say....we are doing well...how can we help anyone you know to take advantage of the great selection and interest rates....

April 09, 2010 04:46 AM
Rainmaker
446,886
Tim Maitski
The Agent Who Uses "Watermelon Tough" Sign Posts
Atlanta Communities Real Estate Brokerage

Ralph,  Funny you should ask.

I just received a marketing nugget from Joe Stumpf going over how to respond to this very question.  He has a video where he explains some specific language that is useful.

April 14, 2010 08:17 PM
Ambassador
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Ralph Gorgoglione

California Real Estate (800) 591-6121
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