The selling frenzy

I recently met with some buyer clients to explain the home buying process to them and to help them understand what to expect. One thing I told them was not to believe all the media hype about what's going on with the market, listen but don't take everything to heart. I said this because everyone has an opinion about the market and there's so much information and misinformation that it can get so confusing that a buyer won't buy and a seller won't sell. It's all about selling newspapers or getting good ratings so there's a story almost everyday about what's going on in the market. The latest one was brought to my attention yesterday, a Good Morning America piece called How to Sell Your Home in 5 Days or less. Here's the link:http://abcnews.go.com/GMA/PersonalFinance/story?id=2312643&page=1.
I won't trash the ideas in the story but the reality is it takes more than five days to sell a house and while there are some good suggestions in the article, it takes a very simplistic approach to one of the largest assets you own, your home. I would proceed with caution.

Enjoy the rest of your day.