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State of SoWal Real Estate - Spring 2009

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Define "Swamped?" Is that the same as closing sales?

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no. even as a layperson, i've noticed there are DEF alot of shoppers..more specifically bargain hunters. people putting offer below listing on short sales- several at a time, but not BUYERS.
big diff. Realtors are working hard for the money now!
 
Realtors are working hard for the money now!

So "swamped" doesn't mean closing sales.

The "action" is then more akin to a crowd of drunks who show up everyday at a pub that has a "Free Beer Tomorrow" sign in the window. Lots of "traffic" but no sales.

.
 
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no. even as a layperson, i've noticed there are DEF alot of shoppers..more specifically bargain hunters. people putting offer below listing on short sales- several at a time, but not BUYERS.
big diff. Realtors are working hard for the money now!

We are definitely working hard for the money as always. The deals are so good that the buyers, are coming out of the woodwork. I can't speak for every agent but this year looks to be much better then last year for us. We are on track to have our biggest year since 2005. So swamped=buyers=contracts=closings.
 
So "swamped" doesn't mean closing sales.

The "action" is then more akin to a crowd of drunks who show up everyday at a pub that has a "Free Beer Tomorrow" sign in the window. Lots of "traffic" but no sales.

.

ha! i think you pegged it! :)
 
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