Mel Foster Co. Hires Mandsager as Director of Business Development

Mel Foster Co. recently named Shannon Mandsager as its Director of Business Development.  Lynsey Engels, President of Real Estate Brokerage at Mel Foster Co. is pleased to welcome Ms. Mandsager to this key position on its growing team.  Ms. Mandsager was previously with a local bank and has a long track record in retail sales and marketing.

Ms. Mandsager will take the lead working with the management team and agents to build and execute a partnership strategy and opportunities that will enhance Mel Foster Co.’s market footprint and accelerate the growth of the company.

Engels comments, “I am very pleased to welcome Shannon to Mel Foster Co.  She is an excellent fit and will bring a new level of energy to our staff and agents.  In an industry where new tools and technology are introduced on a daily basis, Shannon will be in charge of navigating these new ideas and keeping them in the forefront of agent’s minds to enhance their business in an effort to maintain a high level of service to our customers in the Quad City and surrounding areas.”

She was born and raised in Eldridge, graduated with honors in Business Administration with an emphasis in Marketing and Sales from University of Wisconsin-Platteville.  Ms. Mandsager will be licensed in Iowa and Illinois and works out of the corporate office at 3211 E. 35th Street Court in Davenport.

Why You Can’t Afford NOT To Use A REALTOR®

Why us a REALTOR®?
When a REALTOR® to important.

Have you ever wondered, “is hiring a Realtor really necessary?” The answer to this important question is absolutely YES! In today’s strictly regulated market, there are several ways an experienced Realtor can be invaluable to you during the home buying or selling process.

Market Conditions

There is so much information out there when it comes to housing and market conditions can change quickly. A Realtor can help you weed out what is truth and fiction, and help you understand current market conditions including data on inventory and comparable sales prices.

Negotiations

Negotiating the purchase of a property can be stressful. A licensed Realtor will act as your middleman, managing expectations of the parties on either side of the deal, ensuring a smoother transaction for you.

Pricing

A Realtor understands the value of real estate in different markets, conditions, and types. The improper pricing of your property can leave your listing dead in the water, costing you much more in the long run.

Paperwork

There is a mountain of paperwork for real estate transactions. Missing a disclosure or piece of necessary paperwork could spell disaster if you are navigating a buy or sale without a Realtor. A Realtor is experienced and aware of all of the various regulations you may face, and can ensure nothing is overlooked when it comes time to close the sale.

Wanted: Your Home

Now is an ideal time to list your home for sale because there are many buyers, but not enough homes for sale. This means you can get a higher selling price now that the market is in the seller’s favor.

Interest rates are still low which encourages homeowners to move. More competition is always good for sellers who may be in a position to review multiple offers. Sometimes a bidding war can break out, driving the final sales price up higher than the listing price.

According to James D. Shilling from DePaul University’s Institute for Housing Studies, the seller’s market is driving home prices up higher. This helps homeowners with negative or low equity to make more money from a sale and eases the burden of being upside down on their home. This gives the seller a chance to enter the market as a buyer when interest rates are near record lows.

Shilling predicts rates will stay low through 2013 and most likely into 2014. But the interest rates won’t stay low forever. When rates do rise, homeowners won’t want to sell their homes and lock into a new, higher interest rate. This shift means fewer buyers and lower offer prices for your home.

It’s a sweet time to be a seller. Contact a Mel Foster Co. agent about listing your home and take advantage of the market conditions.


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