Explore effective strategies for listing properties in a fluctuating real estate market. Boost your reach and secure optimal deals.
Property Listing Strategies in a Volatile Real Estate Market
Kristen Simon is a Broker Associate at Chinowth & Cohen Realtors, a full-service, family-owned real estate company. She is a results-driven agent with knowledge of Broken Arrow, historic midtown, and small-acreage properties. With five years of experience in real estate and over 18 in client services, Kristen delivers results by understanding client needs and desires. She has completed over 235 transactions.
Here’s a glimpse of what you’ll learn:
- Kristen Simon shares how she ventured into residential real estate
- How to buy and sell properties during economic uncertainty
- Dynamic supply and demand trends in real estate
- Strategies for listing and pricing properties
- Kristen’s designated and specialty properties
- Evaluating lenders and title companies
- Kristen talks about her wildest selling methods
- How can agents leverage inspections to discount properties?
In this episode…
In a volatile real estate market, supply and demand are constantly fluctuating, making it challenging to price and sell properties. Case in point, the Tulsa, Oklahoma market experienced a 19% increase in home prices, and the demand for leased properties is exorbitant. Yet there’s a housing shortage in this market, causing sellers to lose profit on their listings. So how can you price properties to maximize your bottom dollar?
Given supply and demand and pricing dynamics, investors have been charging premiums on leased properties. But these homes often require significant repairs, so Kristen Simon advises structuring your budget around these circumstances to negotiate pricing effectively. When listing a property, an appraiser may determine a price point lower than its comparables, so it’s imperative to conduct statistical research around your market to assess buyer demands.
In today’s episode of The Same Day Podcast, Mat Zalk sits down with Kristen Simon, Broker Associate at Chinowth & Cohen Realtors, to discuss listing and pricing residential properties. Kristen explains how to buy and sell properties during economic uncertainty, the supply and demand trends in real estate, and how to evaluate lenders and title companies.