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Sat 04 Oct 2008

What to do when it's slow out there.

There's one good thing about a slow market, we have time to enhance our website, learn more about navigating the web and adding features that help our clients in a home search.  Though I feel I am struggeling through the overload of information and tech talk, everytime I understand how a feature works it's encouraging.

There is so much techinical help for us out there, and websites to join into, blogs to post on, we have no reason for, though sitting home, due to the high cost of gas or lack thereof, that we cannot have an active interaction with buyers and sellers. 

I welcome anyone who has a question about where to best put money and upgrades into an exhisting home to more confidently know they will get it or most of it back when selling.  Also, general decorating, or less decorating can be accomplished to better stage your home to sell.  Send me pictures of what you currently have and I'll be happy to offer what help I can as to placement or reduction of items.  I have a lot of my clients remove pieces of furniture frequently, put it in storage or sell it totally when downsizing, to give a better overall appearance.  Often, paint can be a quick fix.  It gives a feel of fresh and new for little money and if you do it yourself, moderate labor.

Have a great week, I intend to.

Carole

Posted on 11:42AM CDT [ NorthAtlantaMarket | Comments: 102 | # ]

Sat 14 Jun 2008

Are Homes Selling

BUYERS ARE BUYING

It's been a slower market in the last half of 2006 and 2007.  But, in about Feb. of 2008 I started noticing a pickup of activity.  People were starting to realize the economy was what it was, the world has changed and we came kicking and screaming into the new economy.

I remember in 1990-91 a stock genious friend of my told me if we could get over 3000 it would not be able to be stopped.  He was absolutely right.  We've had minor corrections but not even a 10% correction all on one day.  We have a drop of 300 with a 13000 market and they panic.  Greed is a frightening driving force.

I'm hearing many agents, myself included, saying they have multiple closing per month on the books.  That means the market is back and once it starts back, unless we have another 911, it won't be stopped for 10-15 years.  That's the cycle.

When buyers say they will list then buy when the market comes back that's the kiss of death for the seller/buyer.  You buy when the market is down because what you leave on the table on a less expensive house is going to be gained when they purchase and negotiate a more expensive home.  And they did it when the rates were down too.

Wait and you will not realize the profit available from the down market.  Many people/agents don't keep up with trends well enough and there are still good deals...not greedy stealing deals, but deals where you can rescue somebody from having a foreclosure on their credit and you both win.  Banks have homes that they are willing to negotiate on.  That is not usually the case but they have too many to hold and banks are greedy to the point of insanity.

Have to go be at an inspection so write back and let me hear your comments.

Carole

Posted on 11:48AM CDT [ NorthAtlantaMarket | Comments: 100 | # ]

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