Another Great Year at Keller Williams

The link says it all! http://blog.kw.com/2014/02/17/keller-williams-reports-record-growth-productivity-and-profitability-gains/

Sorry But You Have Closed

I write this brief blog based on my experience representing a buyer, a seller, and purchasing my own home. You close on your home, move into the home, and find a problem. What do you do? Recently I closed on a home representing the seller: The buyer had the home inspected. My seller complied with the inspection report and had items repaired. Seller provided buyer with all receipts. The buyer had concerns about the roof. My seller provided the buyer all receipts showing recent repairs. The buyer's agents did a walk through to confirm all repairs had been made. The buyers did a walk through the day of closing to check the home. Closing proceeded normally. The next day I received an email from the buyer's agent saying that the home was filthy and there appeared to be roof issues. Two weeks later I received another email from the buyer's agent showing me a roof leak in the attic. The home has closed. My seller is not under any further obligation to the buyer. My thoughts: Regardless of a proper home inspection, due diligence on the part of the buyer, and their agent, homes can still have problems. I would consider buying a warranty for the home. I would also make sure I had a very thorough home inspection. Home inspectors cannot see everything but I have seen buyers go for the lowest price inspector instead of the most experienced. My seller did not do anything to mislead the buyers. Unfortunately the buyers, and their agent, felt differently. It was a bad situation but: Sorry we have closed

Know Your HOA

If you are buying, selling, or living in an Atlanta area neighborhood, you are familiar with a Neighborhood Homeowners Association. (HOA) The HOA is a fact of life. The intention of the HOA is simple: •Keep the integrity of the neighborhood •Have a written plan for violations of covenants •Promote transparency of finances •Help to keep home values up I live in a very unique neighborhood. The developer is the architectural committee. He approves new construction and improvements to existing homes. He also owns the common assets including the pool, tennis courts, and pavilion. We have an elected board. They make covenant decisions, financial decisions, and make more day to day decisions. We have a management company. One hour away from my neighborhood we have a professional management company. They send letters for violations and provide legal help Confused? You should be because the majority of my neighbors do not understand this very unique situation. And in many cases they do not care. Moral of this story: Your house represents your largest investment. How your HOA performs will have a great impact on your investment. GET INVOLVED, STAY INFORMED, & DO NOT BE AFRAID TO ASK QUESTIONS! If you find yourself in the North Atlanta, Lake Lanier area give us a call. We are The Wells Team of Keller Williams Community Partners. www.randywellsteam.com

New Lake Lanier Listing

Take a look at our new, deep water, Lake Lanier Listing

IN THIS MARKET DO YOU HAVE YOUR HOME APPRAISED?

Just attended a continuing education class hosted by DS Murphy and Associates. They do appraisals, as well as, consultation appraisals. There is no doubt that the Atlanta metro market has seen a well deserving swing upwards in pricing. What that has done for homeowners is give them a sense of optimism. It has also made some homeowners revert back to unrealistic expectations. Despite the climbing prices, we are still below prices of 2007, when the market started its considerable decline. As agents we are finding ourselves in situations where the homeowners are putting our market analysis to the side. We call it yeah....but syndrome. In other words, yeah I see the market in my neighborhood BUT.....(you can fill in the blank). This might be a good time to consider having an appraisal done on your property in order to get an unbiased opinion on your homes worth. If the homeowner truly believe that his home is worth more than the market he should welcome an appraisers expert analysis. At the end of the day price still drives our North Atlanta market. If you are priced above the market, you receive less interest, and no offers. Potential buyers do not believe you are motivated to sell. The Wells Team represents our sellers to the best of our ability. That includes giving them expert market analysis. As a homeowner remember this: The real estate agents do not dictate the market If you doubt you agents price analysis then call in an appraiser. If you are in the North Atlanta, Lake Lanier, or North Georgia area look us up. www.randywellsteam.com