In this monthly series, we'll share information that can help you not only survive, but enjoy, your next real estate transaction. Should you want help, E-AgentReferral is a FREE service provided to anyone buying or selling real estate. Let us match you with a qualified, professional agent, saving you significant time and money while eliminating stress. Our service is available nationwide.

Know Your Local Real Estate Market

Knowing what is taking place in your local real estate market at the time you are buying or selling a home can have a huge impact on whether you pay too much for your home or sell for less than what you may have been able to get.

The Real Estate market in any community is similar to the stock market or any other commodity-based market. It is cyclic and as a buyer or a seller you certainly are going to want to know what part of the cycle you are in. This may not only help you make your decision on buying or selling, it will also help you understand what price to offer or at what price to list your home. Here are some definition's that are commonly used to show where the supply and demand exists in the current market.

A Buyer's Market occurs when there are lots of homes for sale, driving prices down and making it easier to buy a home for a low price.

A Seller's Market happens when there are very few homes on the market, driving prices up and allowing seller's to command top dollar.

Within any given area you could actually experience both a Buyer's and a Seller's Market. For instance, if there is a surplus of homes listed for over $500,000 they may be selling very slowly, creating a Buyer's Market. However, in that same area homes priced under $150,000 may be selling rapidly, depleting the supply available, creating a Seller's Market.

The best way to receive this information is from a Real Estate Professional that consistently works your market. At E-Agent Referral we can help you find a professional who knows your market. This step alone can mean money in your pocket. We hope you'll consider our free service the next time you plan on buying or selling.

Thanks to Stuart Sutton and iProCenter.com for allowing us to share information from their database. Realtors, visit IProCenter.com to find out more about The World's Only automated marketing system for real estate agents.


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Who We Are
E-AgentReferral is the brainchild of Alicia Smith. She has been matching buyers and sellers successfully for 23 years. She started out selling real estate and quickly became a Multimillion-Dollar producer. She went on to create the largest real estate school in Austin and the largest review course in the state of Texas. She has taught over 50,000 real estate students and has a national network of contacts. For more information on her coaching, consulting and training business visit
www.aliciasmith.com.

We encourage you to take advantage of our unique and highly personalized service. We love to provide the highest level of service and assistance to our customers! Visit our web site at E-AgentReferral or e-mail us at alicia@E-AgentReferral.com.


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