Trevor 's Blog

It feels like Christmas morning! I feel like a kid that wondered downstairs to find the presents under the tree. No, it is not a shiny red bike but an email with approval of a Salem Oregon short sale I have been working. It is a great feeling and every time I see one it feels like the first time. It feels like Christmas! 

The best feeling comes from knowing I have helped another family. As much as I cringe when I think about short sales it also can be a life savor for families.

I appreciate the banks and systems they have in place to expidite these deals. Salem Oregon Short Sale do happen and I am happy to help

I was talking with a buyer of mine and he said he heard somewhere that sellers are padding their home prices because of the $8,000 Tax Credit. I told him sure someone out there might think that could work but most savy buyers agents are looking at the comps and know Fair Market Value. I would have to disagree with an seller that thought this a good idea because your are pricing your buyers out of buying your home.

Further that tax credit is great incentive and the nature of the market is to list high to pad from low ball offers but again when the home is priced right it sells quickly and very close to full price. I often look at the List Price to Sales Price and see a very small percentage differnece. The listings with huge DOMs are the large LP to SP percentages.

Any thoughts on padding for the Tax Credit? Are you seeing it? Is it working?

Thanks for the comments. I took this last summer at one of my listings and I grayscaled it and then reopened another copy and use the color selection tool. Then I copy and pasted it over the grayscaled layer. It took me all of five minutes and I used my Nikon D40. I love how it focuses on foreground and background so well. If you are not shooting with a DSLR, you should.