An Experienced Realtor Can Help in A Slow Economy

Depending on where you live, you may have bought your house during a housing boom. You might have paid more than you wanted to with the hopes of selling it at an even higher price in the future. Or you may have purchased your home before the boom, but you watched its value rise steadily. You held onto your home and for whatever reason did not sell because you knew it would be worth even more in the coming years.

Now that property values are not rising as they were, you find that it is time to sell your home. But you don't think you can get the price you really want. What do you do?

Some real estate experts are telling people to cut their losses. Their advice is to accept that your home will probably sell for less than you'd like. Because of overbuilding and stricter lending practices, home sales have gone down.

All is not lost. There is a good chance that your home will not sell for a price that meets your highest ideals. But your home does not have to sit on the market forever and you don't have to sell it for pennies on the dollar. Seek the advice of an experience real estate agent, like John Day. You'll be able to maximize your profits, even in a slow economy.