DMM: I got this information from a local real estate blog. I’ve included the URL at the bottom. It was dated September 3, 2009 so it’s fairly recent. Las Vegas, where Ernie and I live, has been at the epicenter of the real estate market meltdown. The reason, is because we’ve had amazing growth for about 20 years now and the highest incidence of predatory lending in the country. So the region fell the hardest from its too lofty perch of a few years ago.
We talked with a Realtor while at a party last weekend. She said the massive inventory of foreclosures is a thing of the past. Houses are still selling for much less than a couple years ago. But they’re inching up as demand is about to outstrip the available supply. If real estate is coming back here in Vegas where it sunk the lowest – can your part of the country be far behind?
Here’s the blog post:
Could this be true? You betcha!! Homes coming on the market are priced to sell and are all too often being bid up in price. Just today I submitted an offer for a home that is $37 a sq. ft. WOW!! I’ll bet a dollar there will be a bidding war on the property. Even if the home sells for $50 a sq. ft. that is less than what it cost to build the home.
Inventory is moving super fast! Our office listed a property and the seller was worried it would take more than 3 months to sell. Was he wrong, there was a bonafide offer on the table in less than 24 hours and in escrow in 2 days.If you are serious about buying in Las Vegas, now is the time!!
“I’ve learned that you’ll never be disappointed if you always keep an eye on uncharted territory, where you’ll be challenged and growing and having fun.”
~ Kirstie Alley
By Denise Michaels, Author, “Testosterone-Free Marketing”
As a home-based business owner you can learn so much by going back and talking with your current customers and people who haven’t bought from you yet. The information you gather from these people can be hugely helpful to you when you develop new marketing appeals. Here are a several thoughts to guide you:
- Have you surveyed your current and previous customers to find out who they are and how to reach more of them?
- Have you asked your current and past customers why they bought from you – from their point of view? You can use those buying reasons in future marketing efforts.
- Have you asked the people who didn’t buy from you to learn who they are? What they have in common? And, why they didn’t buy? Some simply may not be ideal customers – but with others you can eliminate those reasons in future marketing efforts.
- Feel a little bit queasy about asking someone why they didn’t buy? Don’t be. In 99.4 percent of cases it’s not personal. It’s usually because they didn’t understand something (which often can give you a chance to sell again) or because there’s something about what you offered which didn’t quite fit what they need.
- Simply say, “I just want to ask you a couple questions because I’m learning and I sincerely want to do better.” I’ve never had anyone say no when I’ve said it in a real spirit of wanting to improve myself and my business.
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