Treu Group Real Estate Weekly Tips 11/13/24

Episode Transcript

Speaker 1 (00:00):
It is done for your true real estate nine one
one midweek update with your local real estate pro, Lisa True. Lisa,
you prepared us for what we could expect prior to
the presidential election cycle. Now that we're on the back
side of it, you're starting to see exactly what you
told us we would see. Tell us about it, Bray.

Speaker 2 (00:18):
We're starting to see buyers get back to normal. They
want to get back to living life now that they
know what the future brings for all of us, and
we're excited about that. Future showings are up. We're still
waiting for the offers to come. But it's only been
let's face it, a little over a week since the
certainty of the future of our country. Now there's a

(00:41):
lot of sellers still making mistakes and it's something to consider.
You have to have that formula right in what I
would call a normal market, which is what we're in.
We're not in the post COVID market anymore. That is gone, thankfully,
But right now we've got to get the formula, which
was the right marketing, the perfect price, and obviously the

(01:02):
expected condition for the price that you're putting on your property.

Speaker 1 (01:07):
In a changing market, you know where you have a
catalyst like the election, how long does it usually take
for things to kind of shake out to have a
better understanding of where we're going.

Speaker 2 (01:16):
The challenge is we're going into the holiday season, which
also is a quieter time. But we'll start to see
the results of what's happening today. Really about sixty days later,
we'll start to see, you know, whether the buyers are
actually going to contract, what they're willing to pay, what
they're closing at. So we're really looking at more of

(01:37):
a sixty to ninety day cycle to see if the
optimism of today goes forward in the pocketbooks of the
sellers of the future.

Speaker 1 (01:46):
So when it comes to real estate decisions, you'll want
the guests, you want to get it right. Get in
touch with the truths called five six, one, ninety seven,
eighty three, twenty six. Visit True real Estate nine to
one to one dot com or just google true group
that's tr EU group.