Tuesday, July 28, 2009

10 YEARS LOOKING IN THE SAME NEIGHBORHOOD




Can you imagine looking for houses in the same neighborhood for 10 years? The time, the frustration, the missed opportunities, and the loss of your sanity?

Barb and I came up against buyers that "admitted" to us that they fit this profile. They had been looking in our neighborhood longer than Barb and I had lived there.

Could we help end this mental torment that they had endured for the past decade?

The answer was a resounding yes!

Barb and I pride ourselves on really listening to our clients, and knowing the local market. This is especially true in our own neighborhood, Chestatee.

After showing them houses that we thought fit their wish list we came away empty handed. Were we through? Would we vanish into the realtor abyss as others ahead of us had done?

Bring in Barb to pull off our real estate miracle.

A house becomes available in our neighborhood. Without even seeing the house Barb sends pictures and the virtual tour to our frustrated out of state buyers. She sent it without even going inside? Her obvious knowledge of the neighborhood, the house, and most importantly her buyers, contributed to success.

Long story short: OUR CLIENTS BOUGHT THE HOUSE WITHOUT SEEING IT IN PERSON!

Were they mad? Had they reached their point of desparation? No they trusted us!

The next time you interview a realtor ask yourselves the following questions:

Does the realtor know, really know, the area where I am located?

Does the realtor know the neighborhood and the individual homes?

Does the realtor really know me?

If you are looking in the North Metro Atlanta area give us a call.

OUR GOAL: TO EARN YOUR TRUST, LISTEN TO YOUR NEEDS, AND WORK HARD FOR YOU!

See us at www.randywellsteam.com

Wednesday, July 1, 2009

THE ATTACK OF THE QUESTION MARK!


We have seen the first six months of 2009 speed pass us as time has a tendency to do. As Barb and I communicate with our clients on the North Atlanta market, and what has transpired this year, we find ourselves trying to grasp what has actually happened.

In other words: THE ATTACK OF THE QUESTION MARK!



As we write this we are working on three different contracts with prices varying from approximately $150,000 to approximately $750,000.

We show foreclosures to prospective buyers. On some occasions they feel inclined to put in a "low ball" offer on a home that has already seen a price reduction. The offer is rejected and the buyer disappears. As a result we see a large amount of foreclosures that have been sitting for almost six months! These homes are priced to sell. Why haven't they disappeared?

The procrastinators and quick escape artist have dominated our year to this point. One neighborhood that Barb and I work seems to be a magnet for the continual looker. We have encountered buyers who have been looking for 10 years (the current record)! What are they looking for: A DEAL! That continues to be the overwhelming response for this group. Our answer is quite simple: EVERY HOUSE WE HAVE IS A DEAL! You could not build a new home for what you can buy in our current listings. Despite this they continue to procrastinate waiting for THE BETTER DEAL! As they express their interest on a particular home they leave us and turn into the quick escape artist. They have disappeared.

Conclusion:

We are summarizing the first six months of 2009 with the question mark. The job market in the Atlanta area, the unemployment rate close to 10%, government bailouts, and consumer confidence have all contributed to the caution of buying a home.

There continues to be so much choice for the buyers that they cannot make a decision. If I wait will prices go lower? Can I find a better deal if I keep waiting? When will the deals end? And so they wait.

Pricing continues to be #1 among our clients. However we are selling homes to buyers who want a particular home, location, or lifestyle with the price being secondary.

The question mark continues to follow the real estate market.