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Sell Amarillo House | Has our market slowed down?

I was just setting here thinking about the Amarillo Real Estate market and business and life in general.   It occurred to me that our phones have been ringing a lot more than usual lately.  I was wondering why and this is what I came up with.  I can’t prove that these are accurate but I bet that they are.

  1.  The Amarillo Real Estate market has slowed down a little bit.  Now I’m not saying that it is time to panic, and I wouldn’t believe what the news media says, but I do think that things have slowed down.  If you need to sell your house you just need to plan on it taking longer.  Part of that has to do with the time of year.  School has started and the summer boom is over.  It will get even slower as we approach the holidays.  The end of the home buyer tax credit is another reason that things have slowed down.  The home buyer tax credit really did help our Amarillo market as well as the rest of the country.  Those were the good old days…  It is not really that a house won’t sell, because it will, it is just that it is taking longer and selling for less.  It has to be in better condition and marketed properly.  Finally, I think a lot of people are still on the fence.  Maybe they want to see what the economy is going to do.  Whatever the reason, they aren’t ready to pull the trigger and buy a home.


  1. People are tired of using Realtors.  You can have the best Realtor in the world but they still can’t guarantee that your house will get sold.  Realtors charge around 6% for their services.  They do a good job for the most part but it just takes them several months to get your house sold.  Sometimes it is because they are not marketing the property correctly or following up on showings, but other times it has nothing to do with the Realtor.  When you use a Realtor you can count on multiple showings.  Some people don’t want to keep their house neat and clean and be ready to show it with very little notice.  They also don’t want to make expensive repairs.  Most Realtors will want you to make repairs before they take on the listing.  For some people this is just not an option.   They need to sell their house much faster.


  1. People can’t afford their property.  This may be the number one reason that people need to sell their house.  Many people have no idea just how expensive it can be to own a home.  First you have your house payment, then property taxes (which are just about due), and then you have insurance.  These are the big three.  But don’t forget about maintenance!  It just flat out costs a lot of money to keep a house up and running.  Things break and need to be repaired.  All of these things add up.  I have talked to people before who decided to list with a Realtor instead of taking my offer.  Six months later they called me and told me that they finally got their house sold, but that after they paid their Realtor and paid their closing costs and made the repairs that they didn’t come out as well as they had hoped.  When they factor in 6 months of holding costs it is obvious that they would have been better off taking my offer and getting their money 6 months earlier. 


So the bottom line is this… our market is like the old gray mare… she ain’t what she used to be!  It is not as bad as it could be, all things considered, but it still isn’t great.  If you have a house that you need to sell quickly give me a call.  I can make you an offer the same day.  If you decide to accept my offer I can close whenever you want.  I pay all of the closing costs and handle all of the details.  I don’t ever require you to fix or clean anything!  You just sign and pick up your check and move on with your life.  If you are looking for a home buyer in Amarillo TX, I am your guy!  If you are even half way thinking about selling your home give me a call today at 806-359-SOLD (7653).  You can also get more information by visiting my website.  Sell My Amarillo House.


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