Metro Atlanta, Gerogia Real Estate Market, North Georgia, REO Sales

Urban Living... On new home buyers minds
July 27th, 2008 8:14 AM

Although it has always cost more to live in the City.... Homeownership Dreams are looking increasingly more URBAN.

    With the sharp rises in gas and food, almost 80% of home buyers are interested in buying in an urban area. A online survey that was done also found the 75% of the respondents would like to find a place that they could "walk to work" and, 55% are interested in public transportation. I live north of the city and I can take PT, but I will have to have my car and will not give it up. When I am in the city I do walk and take the Marta...it just makes sense. However; not all can live in the city, so think about car-pooling and taking the bus and train whenever you can. Have a great week.


Posted by Mark Kimball on July 27th, 2008 8:14 AMPost a Comment (0)

List To SELL!
July 23rd, 2008 10:48 AM

A properly priced listing in Real estate today is 80-85% SOLD! The time to price it right is the moment you list it, not after, and not before!

Too many times the price is set and this is to late and you lose market time and 90% of buyers. I have seen this in my many years of business and I have been guilty of taking a overpriced listing. In today's market place there is no room for listing a property with a REALTOR that allows the property to be overpriced. "It is just a waste of time". I tell sellers that their mission is to select the best agent, not the best price. A real estate agent has NO CONTROL over the market, only the marketing plan. Never select an agent based on price.

I have heard customers/clients (sellers) say to me "We can always come down"   or "couldn't we try it at this price for a couple of weeks", "but we have so many improvements in it", "But we paid $XXX,XXX for it" etc etc.

The only way a qualified buyer can make an offer on a listed property (your's) is to see it. The problem is most buyers look up their price range, peek a bit over then focus only on their price range. By overpricing, you put your property (listing) into a price bracket where they won't look.The buyers who see your listing will be able to afford your higher price, however; they will not be interested in it. The wrong price attracts the wrong buyers.

As a REALTOR....I owe it to my clients to be upfront and to get the as much as the market will pay for their property. If you have any questions or would like to contact me feel free anytime. Have a great week. and remember Price it to sell!


Posted by Mark Kimball on July 23rd, 2008 10:48 AMPost a Comment (0)

Summer Heat " Cooling off! and Relaxing" Not going to sweat the hard times!
July 22nd, 2008 9:13 AM
I just need to let you know that I am still out here.....I have just decided to take a few classes and relax  for awhile. It has been a summer like no other that I can remember for 25 years. REO business is strong.....However; I have seen so many Foreclosures come on line that the market is just to FULL! I also see that the prices that some of these REO departments are asking to list these properties for are just out of line. However; all in all I still say Get out there look and BUY!   What they are asking is NOT what they will sell for... For now I am going to enjoy the summer and see what falls from the tree. Have a great summer , enjoy life and I think it will get better. If you need anything just contact me. I will be glad to be of service!

Posted by Mark Kimball on July 22nd, 2008 9:13 AMPost a Comment (0)

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