Remerica TC’s Weblog

Northern Michigan Real Estate Blog

Archive for the ‘Sellers Update Letter’ Category

Listing Activity & Market Report

Posted by remerica on March 19, 2008

We are excited to have more positive news for you!

First, we have hired a full time licensed assistant reporting only to the Nichols Sales Team. Ms. Rebecca Adler brings to our team many years experience as an office manager, sales assistant, broad real estate experience and extensive knowledge of commercial real estate sales and marketing. Some of the tasks Rebecca will be handling are: seller communications, general sales, database management, Team listing processing, seller & buyer management/meetings, transaction coordination, assistance with recruiting & Remerica Northern Michigan franchise sales. Please contact Rebecca anytime and feel free to work directly with her for any reason. You can expect to hear directly from her from time to time and of course the Nichols Team will remain intimately involved.

Secondly, we are excited to announce that we are continuing to grow. Several months ago we started the process to purchase a building to relocate to by June 1st, 2008. Be assured it will have lots of space to grow into and ultra high visibility. Our hopeful new location will dramatically add to our companies’ exposure and will allow us to display our listing inventory directly to an area of heavy drive-in and walk-about traffic. Additionally, our on site agent capacity will also dramatically increase.

2008 Home Builders Expo: Our display again this year at the Home Show was a tremendous success. We were able to gain good company recognition as well as interact directly with the buying public. Our new Remerica display booth stood out as one of the best displays at the show!

“Housing Game” seminar on April 5th at the Hagerty Center in Traverse City is where you will find us next in a continual effort to locate qualified buyers for your property. We will be there all day & hope to benefit from this highly publicized event sponsored by local banks, the Chamber of Commerce, Record-Eagle, Remerica and the Traverse Area Association of Realtors. Attendance is free! Please come on in and visit us at Booth #15.

Market Talk: As you already know the market as a whole continues to be very difficult and may continue to weaken as indicated everywhere we look on a daily basis. Pricing continues to be the number one factor standing between a simple listing and an actual sold property.

Our personal observations do seem to point to an upturn in local sales sooner than the rest of the country. This is simply a result of the timeframe that Michigan went into the current recession. In other words, we seem to have hit the bottom already, while the rest of the country is just now beginning to see the hill. Hopefully we are correct & we will see a consistent upturn soon.

Furthermore, the Michigan State Housing Authority will soon be implementing new loan refinance programs as a part of its “Same the Dream” campaign which is targets at citizens that may be facing foreclosure. It is our hope that these kinds of proactive solutions & continued low-cost money will assist the economy there in Michigan & will help turn-around the housing/property market sooner than later.

Thank you for your continued loyalty & trust during these trying times.

Sincerely,

bradbrentnichols0034-best.jpg

Brent & Brad Nichols

Co-Owners/Co-Brokers

brent@remerica.com

brad@remerica.com

Posted in Agent News, Antrim County, Benzie County, Grand Traverse County, Home Loans, Kalkaska County, Leelanau County, Manistee County, Michigan Economy, Missaukee County, Northern Michigan, Real Estate, Sellers Update Letter, Wexford County, traverse city real estate | Leave a Comment »