Wednesday, February 24, 2010

FSBO vs LISTING WITH AN AGENT IN THIS MARKET!








Despite this tough real estate market we continue to meet sellers who want to sell their home themselves!


Why???

Their responses:

Your market analysis shows me that I have to price the home lower in order to sell!
I am not going to "give away" my home!
I can negotiate more effectively because I do not have to pay a commission!
I do not want to pay any commission to anybody!
We will put up a sign and come to show the property when we receive a phone call!
We will have an open house and sell it!


Here are a couple of points from The Wells Team


The market analysis shows the actual market in your neighborhood. You cannot change that by listing the home by yourself!
If you are "giving away" your home then you should strongly reconsider keeping your home off of the market. Again the market dictates the price of your home!
There is a very good chance that you will be working with a buyers agent. If you do then you will be obligated to pay them a commission for all of their work. How much will you actually save by not involving agents!
Are you really ready to show your home on a moments notice? What if you miss the call?
The percentages of selling your home at an open house are extremely small.

What The Wells Team is seeing in this market


Buyers are seeing the homes on the real estate websites
Buyers are working with agents to show them properties
Buyers that drive by our listings are not calling like the past. They pull a flyer and leave.
We have lower turnouts at our open houses
Buyers want to see more information about the home before they take a look.
What The Wells Team brings to the market
3 members who answer their phones 24/7!
Extensive internet marketing on all major real estate websites
Strong market analysis of your property to assist in pricing
Good working relationship with other agents
Redesign services to assist in marketing your property
Representation for you when working with a buyer


In the toughest market in recent history continues why would you want to do this yourself?



Give us a call!

The Wells Team of The Norton Agency

770-313-5792, 404-642-1968

www.randywellsteam.com

Sunday, February 21, 2010

SPEND THE MONEY FOR A HOME INSPECTION!


There is nothing worse for The Wells Team that to receive this phone call: We are having _______ problem with that house you recently helped us purchase!
Our heart begins to race, the throat constricts, and sweat starts to form on the forehead.
Then we ask ourselves the following:
Did we encourage them to get a home inspection?
Did we give them multiple home inspectors to interview?
Did we suggest a home warranty?
Did we give our "home expertise" on home issues that we are not qualified to do so?
Why do our buyers worry about the price of a home inspection as a percentage of the purchase price of their home?
The Wells Team would make a couple of points when it comes to inspections:
Receive multiple names of qualified inspections.
Call each inspector and interview them.
Hire additional inspectors for specialty items, ie septic systems, pools, roofs
Purchase a home warranty keeping in mind that it does not cover every item. If you have a specialty item buy additional coverage.
Without a doubt this is the largest investment that you will make. It is a product with lots of parts, many that cannot be seen.
Take the time and money to have it looked at by home professionals. Do not rely on the real estate agent for advice on home systems.
If you find yourself in the Norton Atlanta Metro area give The Wells Team a call. We were #5 out of approximately 130 Norton Agency agents for 2009. With a combined 41 years in the area we truly are your neighbors!
Check out our website at http://www.randywellsteam.com/