Wednesday, July 21, 2010

They were not interested in my home. Why was it shown?


Who is looking at my home today?

What do you know about these potential buyers?

Why did potential buyers look at my home when my did not suit their needs?


These are commom questions we receive from our sellers when it comes to the showing of their home.


What does The Wells Team do differently?


When we are first contacted by a buyer's agent we ask:



  • Why this home?

  • What is your client looking for in a home?

  • Are you familiar with the neighborhood?

We then tell the buyers agent the attributes on the home, the neighborhood, and the local area. If the particular listing is in our neighborhood we discuss homeowner's dues, amenities, and any other questions they might have.


Even if we provide all of the information it might not guarantee results.


The buyer's agent is looking out for the best interest of their client. They can become hesitant to give too much information.


There are buyers who do not have an exact idea on the type of home they wish to purchase. These buyers have not purchased a home in many years. They are entering a different stage in life which makes their home priorities different. In other words they need to see what is available.


Ultimately the buyer's agent is the one expending all of the energy on behalf of his or her clients. It is in their best interest to do the necessary research on homes before they "waste their time" showing homes that do not fit their criteria.


As for our sellers: When we have the chance to show your property we need to do so. It can be inconvenient, frustrating, and might not give you the results you desire. However one thing is for certain: If we do not show your home then we know it will not sell.


If you are looking for property in the North Atlanta area, Lake Lanier, or the Norton Georgia Mountains, give us a call. We are The Wells Team of The Norton Agency.


http://www.randywellsteam.com/

Tuesday, July 20, 2010

Last week The Wells Team had a couple of days that all real estate agents would like to have: In a period of 48 hours we sold three homes!

Our sales reflected three different aspects of the market: Foreclosure, lake location, and price driven.

Throughout 2010 we have kept our clients informed about market conditions.

What have we seen from potential buyers?

1) Continued interest in foreclosures. Foreclosures continue to appear, are generally in good shape, and represent great value.

2)Lake location. Lake Lanier continues to be near full pool. There are a lot of properties available on the lake. The property priced well, with the "million dollar view", sells.

3) The well priced property. Price has been the consistent theme throughout 2010. As nice as our resales are ultimately price is what sells them.

The Wells Team has geen successful because of our market knowledge. Selling these three particular properties in two days backed up our market views.

If you are in the market to buy or sell a home in the North Atlanta Metro area, Lake Lanier, or the North Georgia Mountains, give us a call.

www.randywellsteam.com

Friday, July 9, 2010

Why Doesn't My Home Sell


As we go into the second half of the 2010 real estate market we have frustrated sellers who have the same question:
WHY DOESN'T MY HOME SELL?
The Wells Team spent some time talking to real estate acquaintances, and friends around the country. This includes the metro Atlanta area, Florida, and Nevada.
The answers are the same:
If you were priced too high at the beginning, the initial interest wears off, and the home sits.
A house that is not updated is at a serious disadvantage to other resales.
Foreclosures continue to appear. Their effect on the market to continues
Barb, Randy, and Sue, of the Wells Team, continue to emphasize these points to our clients. It is information that all of our clients need to know. It is not often well received but we owe it to them what they need to hear not what they want to hear.
If you find yourself in the North Metro Atlanta area give us a call. We are the area experts.
We are the Wells team of The Norton Agency.
www.randywellsteam.com