21 Offers on an Investment Property and we got the contract

What an exciting Real Estate market in Montgomery County, Maryland.  Properties are selling quickly again and with multiple offers.  I wrote an offer yesterday on an investment property.  The buyer really wanted the property so I advised him to put in an escalation clause for $100 above highest offer and cap it off to where he wouldn't care if he lost it above that price, which is what we did.   We got it.  He's so happy.  He's going to put some work into the property, make it good and turn around and put it back on the market.  Making it even better than it is now. 

The market is good and there are still a lot of deals to be made.   He's putting money back in our economy.  I think once Real Estate picks up everywhere, things will be positive. 

I love negotiating to get my clients what they want. It's awesome.

Maryland Real Estate by Pamela DuBois: Gloom to Bloom in the Housing Market

Maryland Real Estate by Pamela DuBois: Gloom to Bloom in the Housing Market: ] Freddie Mac recently released its U.S. Economic and Housing Market Outlook through March showing that as we head into the spring home buyi...

Turning point in the housing market

2012: Turning Point in the Housing Market? (MSNBC Video) http://realestatebypam.blogspot.com/2013/01/2012-turning-point-in-housing-market.html

Gloom to Bloom in the Housing Market

^]Freddie Mac recently released its U.S. Economic and Housing Market Outlook through March showing that as we head into the spring home buying season, continued low mortgage rates, increasing house prices, and gradually improving consumer confidence will help support increased home sales. A short preview video and the complete March 2013 U.S. Economic and Housing Market Outlook are available here ^[2].
Outlook Highlights

• Compared to 2012, expect home sales to be up 8 to 10 percent for 2013.

• Expect housing starts to increase to 950,000 units for 2013, compared to 780,000 in 2012.

• In 2012, real estate added $1.5 trillion to balance sheets, and residential mortgage debt

An exciting Real Estate call.

I had a great call yesterday and this is how it went,  "You sold a house on our street and we would like you to come list our house for sale and help us find another house in Bethesda".   It wasn't that they were interviewing other agents, she was very sure of listing and with me because I sold a house on their street.  That was just a wonderful call to get.  Most of advertising now says, "Google Me".   It will tell you who I am and how I can help.  I think success breathes success.   I'm really not one to talk about myself but prefer to have others talk about me and my service.  My clients are very important to me and I do everything possible to make sure they are first on my list.  They have to all feel that they are my only client, no matter how many clients I have. 

The Real Estate market is now a different market than a year ago.  We have a shortage of inventory which is driving demand and prices.  Are all the great deals gone?  I don't think so.  It's a great time to buy and a great time to sell.   The rates are low for people who are thinking about buying and for sellers, the low inventory makes your home in demand if priced right and shows well.

Would love to hear from you if I can help.  Please Google me.  Love Google.  I just wish I bought their stock back when....