Today, is the first day of May, the weather is still chilly and the market is also chilly.
Last year from April 1st 2007 to April 30th, 2007, we had closed on 148 homes.
This April from April 1st to April 30th, 2008, we only closed on 29 homes. Now if that is not discouraging enough, of the 29 that sold, 9 were rentals and three were foreclosure’s.
This is discouraging for home sellers who have a home to sell in either Saline or Ann Arbor.
If you include the entire MLS for the Ann Arbor Board of Realtors, this would include all the way from Brooklyn in Lenawee County to Brighton, down through Western Wayne County, there were 373 closings in 2007 in the month of April and only 82 for April 2008.
This means that out of the 1000 Realtors in Ann Arbor Area Board of Realtors, only 82 got a paycheck of any kind in the month of April.
The Missy Caulk TEAM had 9 of those closings in April, making us with about 11% of the total closings. Of the nine closing we had in April, three of the clients were referred to us, and six were buyers from the internet.
My thoughts are, if you are a Realtor and not working the internet you are missing out. Since 77% of all buyers are going on line to look for houses, you must have a STRONG internet presence. When I say strong, I don’t mean a web site. Everyone has a web-site. Your web presence must include PPC ( pay per click) campaigns, and a good follow up system to nurture those initial leads and most important a home search site that is so good the buyers come back again and again.
Good photos are a must. ( did I say good? ) Virtual tours are extremely important. I do a virtual tour on ALL my listings, regardless of price and even on rentals. I saw a photo the other day in our MLS with I guess the seller sitting in his back yard, and another one of a child watching TV. Now that really helps sell houses.What were those Realtors thinking?
Having trouble selling your Ann Arbor or Saline house?
Give us a call or visit us at our home search site.
Two new technology firms are coming to Ann Arbor. 

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