Well, here we are in January 2009 and the real estate market is brutal.  That has made many an individual and corporation think that now is not the time to sell their property.  Is that always right?

That person/corp is correct if they think prices are set to rise 10% or more in the next several months, but what would be the basis for that...the continued job losses, economic downturn, etc.?

Let's say you had a property last year that you think you could have sold for $500,000.  Now, the property could sell for $350,000.  Should you sell?  Most would say "No!", but that's assuming that the real estate market is going to improve substantially in the coming months AND (don't miss this) that the individual or investor could not take the $350K and invest it somewhere and get to $500K sooner.  See, that's important.  There are many other investments that have declined far more than the real estate market.

So, if you think things might just get worse (you would have plenty of reason to believe this based on the economic data), then you might just consider selling now and getting that liquidity now in case the market gets worse...perhaps much worse. 

As always, give us a call or email to see if we can help you. 

Chad
314.539.1358...we well in MO and IL...farms, commercial, residential, etc....we also do about every other type of auction you can imagine!!!!