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The negatives of a recovering market.

Many people think a recovering real estate market is all positive news.  However a recovering market creates more opportunity for unethical contractors.  Contractors with good reputations are booked for weeks and even months, so this is the time when tradespeople come out of the woodwork and we see an increase in poor workmanship and even homeowners being scammed. Try to use contractors who have strong track records and are referred from friends and Realtors.  It’s the contractors (and Realtors) that make it through the bad times that are usually your best choices!  I see lots of contractors and Realtors resurface when the market recovers, having left to do something else when times get tough.  We also see a lot of people get their real estate license when the market is hot because it’s easier to sell homes then, and those same people normally disappear just as fast when things slow down and you have to work harder for your clients.  My suggestion is to go with the experienced when selling your home.  Would you trust your stocks and investments to a first year financial advisor?  Your home may be worth hundreds of thousands of dollars so why trust that investment to someone with no experience?

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