Real Estate Tips in 120 Seconds Flat!

I've always been a fan of brevity. (You there, stop falling off your chair laughing!) Okay, so I tend to ramble on when I'm with friends, but when it comes to a public broadcast - real estate or otherwise - I always marvel at people who can make their point clearly and in a concise manner and move on.

That's why I was so thrilled to be on an HD radio show (with a very limited audience for now) yesterday afternoon with my friend who invited me to talk about real estate. We dealt with just three questions, perhaps the most common questions anyone can think about:
1. What's the real estate market doing?
2. What are your tips for home buyers?
3. What are your tips for home sellers?

The entire conversation took about 2 minutes of airtime. She had told me that was all I had, so that was that! These were the answers, paraphrased:
1. The market is great for home buyers. So it really depends on which side of the real estate spectrum you are on.
2. Home buyers should know the area they are buying in and research the home, the market, the loan. Listen to your Realtor. Get a CMA.
3. Home sellers should price the home right the first time. Remember you are competing against REOs and short sales. Listen to your Realtor. Get a CMA. Right price is paramount.

I thought it went pretty well. Really, when it comes down to real estate sound bites, what else do you need to know?