With inventories at 13-year lows, real estate professionals are getting creative in trying to convince home owners to sell.

Julie Nesbitt
Julie sold another!

“There’s such little inventory that my joke is it’s like the last shrimp at the buffet at a cocktail party and everyone’s jumping on it to try and get to it,” Boston-area real estate pro Ken Snyder told American Public Media.

Snyder has been posting stories on his social networks about how he’s getting six or seven offers on properties from the high buyer demand, but then adds “Sellers, hello? Where are you?!” His messaging is working. Owners who had been renting a loft saw his Facebook post and decided to sell after all.

To try to get more listings, some real estate professionals are also holding first-time home-seller seminars. And real estate professional Gary Rogers says he’s been writing personal letters to sellers.

But real estate professionals say that many owners fear selling because they’re scared that once their home is sold they won’t then have any place to move to due to the low inventories.

Source: “Realtors Ask: ‘What can I do to get you OUT of that House?” American Public Media (March 20, 2013)

  • How To Make Your 2-BR 2 BA Garden-Style Condo More Interesting For Property Shoppers Considering Palazzo At Park Center

    How To Make Your 2-BR 2 BA Garden-Style Condo More Interesting For Property Shoppers Considering Palazzo At Park Center thumbnail
    It’s pretty obvious, but staged places sell. What can you do if your residence is already adorable?

    Read More

  • Staging Hints For Sellers With A Place At Stratford On The Potomac In 22308

    Staging Hints For Sellers With A Place At Stratford On The Potomac In 22308 thumbnail
    Are you planning to list your residence? A home that isn’t staged may sell if properly prices. On the other hand, a staged place of residence will sell faster and for more money. What steps can you take now to sell your split foyers-style house in a Split Foyer-style community?

    Read More

  • How To Interest Home Buyers Looking At Buying A Premium Home In Arlington County

    How To Interest Home Buyers Looking At Buying A Premium Home In Arlington County thumbnail
    What steps can you take now when you don’t know what to do first?

    Read More

  • How To Interest Home Buyers Who Are Looking At Buying A Residence In 22204 In Arlington County

    How To Interest Home Buyers Who Are Looking At Buying A Residence In 22204 In Arlington County thumbnail
    What should you do to make your high-rise condo more attractive to buyers?

    Read More

  • How To Make Your 1-BR Residence More Interesting For Property Shoppers Considering Twenty-One

    How To Make Your 1-BR Residence More Interesting For Property Shoppers Considering Twenty-One thumbnail
    When the seller makes the effort to give the buyer feeling that the property is his dream home, the buyer has a harder time moving on the next property. What do professionals think you should do to make your mid-rise condo look as attractive as possible to purchasers?

    Read More

Selling, , , ,

Will Nesbitt

View posts by Will Nesbitt
Will is the principal broker of Nesbitt Realty and Condo Alexandria. He is licensed in anywhere in the Commonwealth of Virginia, but focuses on those communities found in and around Alexandria, Arlington, Mount Vernon and Springfield/Franconia. Will has been involved in real estate management, sales and investment for more than twenty years. He is a veteran of the U.S. Army. While in the army, he studied Russian at Monterey's Defense Language Institute. He is also a "veteran of the dotcom wars" and built most of the sites associated with NesbittRealty.com Will currently resides in Belle Haven Estates just outside Old Town, overlooking New Alexandria. He is a former president of the Mount Vernon Youth Athletic Association and founded the Alexandria Fun with Friends Group. Will is the author of BattlestorM, a tabletop fantasy game, which was published by Ral Partha Publishing in the late '90's, and Arthur's Realm, a boardgame available at the Gamecrafter.