The Kennedy Team of Trademark Real Estate, Inc. ranked No. 3 in the state of Arkansas in Residential Real Estate Sales Teams with $22.42 million in total sales in the Hot Springs area in 2008. Trademark Real Estate, Inc. ranked No. 10 in the state of Arkansas with $123.29 million in total sales in the Hot Springs area in 2008, as reported by the Arkansas Business Journal.
While the real estate market has shifted significantly to a buyer’s market and the lender guidelines have changed considerably, it's critical to provide a competitive edge for our clients. Advanced education, interactive web site, and good communication systems are the key elements for performing in a changing market. Every market goes thru cycles and the market shifts with the supply and demand concept. Being prepared means paying close attention to the indications of a shift, and being ahead of the shift instead of following the shift.
In a heavy buyer’s market, proper pricing is a must. The homes that sell are homes that are priced ahead of the shift. If the seller fails to price accordingly, they will end up chasing the shift downward, which could be much more costly with continuous maintenance fees, insurance, property taxes, etc. in a market that is volatile.