Real Estate Consumers Find New Map to Navigate Pricing Decision Problems with Hi-Tech Tools
A free website using new technology helps real estate buyers and sellers easily get critical data presented in real time about prices, average days on market, inventory levels, Market Action Index™ and more; all presented in a richly informative graphical interface.
George Fotion stated that there are five reasons for real estate consumers to take advantage of the free service. “First, you get all the market research in real time – what’s happening right now in the market. Second you get far more information than what you can get anywhere else, even when compared to real estate agents’ multiple listing service. Third, you learn about price trends, supply and demand trends and other leading indicators. Fourth, with this better real estate information, you get the benefit of being able to make smarter real estate decisions when negotiating to buy or sell real estate. And fifth, there’s no cost involved – the information is offered free of charge.
Asking broker, George Fotion, about why he’s offering these free services, “I believe that folks looking to buy or sell real estate here in the South Bay or across Southern California aren’t interested in hearing about how great a broker is. They just want the information and the facts and they want to be able to use a system that quickly gets them quality information.” He further stated, “Too many brokers don’t understand that it’s ‘not about them’, rather it should ‘always be about the customer’ … and ultimately if I do a great job in helping people, the business will just come to me as a result of that good customer service.”
When asked whether the real estate market is stabilizing, Mr. Fotion pointed to supply and demand numbers that showed that the ratio of pending sale volume (those homes going into escrow) to new listing volume (newly listed property) is reaching levels not seen since the 4th quarter of 2006. “With numbers like this, the market is showing the beginning signs of strength and hopefully as time goes on, we will see price stability”.
For additional information, contact George Fotion or visit http://www.homeispalosverdes.com and to use the Market Report utility, click the Market Reports tab on the left hand side of the page.
George Fotion is a resident of Palos Verdes since 1968 and actively working as a real estate agent and broker since 1980. He can be contacted at 310-378-2268 ext 100.
George Fotion, Broker
310-378-2268 ext 100