Saturday, August 15, 2009

I GET NO RESPECT


I GET NO RESPECT! We all remember this line made famous by Rodney Dangerfield. This line is our theme for today. So before you read on take your drum out and place it by your side. After each line make a drum roll and hit the cymbal. Not as good as Dangerfield but you get the idea.

Why is it that real estate agents get no respect?

We are so ugly that... (drum roll)
We are so big that... (drum roll)
We are so dumb that...(drum roll)

Unfortunately The Wells Team has been dealing with sellers, buyers, and fellow agents who put this line into practice.

A few examples:
Fellow agents swearing at us.
Fellow agents calling us "junior" and telling us to get our act together.
Fellow agents "lecturing" us like we are schoolchildren
Fellow agent arguing with our broker only to find that this one year agent was wrong
Fellow agent calling us at 9:30 at night to yell at us over offers on homes
Fellow agent fighting with us over the removal of bathroom mirrors in a home

Buyers who think its comical to have us rebid on homes in $1000 increments.
Buyers who expect us to drop everything on a moments notice to show them houses
Sellers who have you redesign their home only to rearrange it after you leave
Sellers who want your expertise on the market only to argue with you on pricing of their home.
Sellers fighting over $2500 in a market where a sale is very difficult
Sellers fighting over appraisals

If you did a drum roll after every one of these phrases then you should be worn out by now.

The Wells Team prides itself on the way it does business. We make it a point to respect our buyers, sellers,fellow agents, and other real estate professionals.

The next time you deal with a realtor we ask that you treat them with the respect that they deserve.

Please don't make us take out the drum!


Check us out at www.randywellsteam.com
We are also on Facebook. Look for Randy Wells

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.

Thursday, June 4, 2009

WHY BUY IT WHEN YOU CAN BORROW IT!


Why buy it when you can borrow it?

How many of us feel inclined to ask our friends and neighbors for help? Can you help me move a piece of furniture, pick up my kid after school, or pick up my mail while I am out of town? The majority of us would say that we would ask for help and would also help if asked.

What is the limit? Would you help me paint my house, build a wireless network in my home, build a deck, or watch my kid for a weekend? That could be pushing.

Your neighbor is a doctor, lawyer, or CPA. Do you constantly seek professional advice without compensating them?

How do you treat your neighbor the realtor?

Barb and I of The Wells Team are faced with this on an ongoing basis.

The opinions that we receive from some strengthen a stereotype about realtors: “All you do is show a couple of houses and receive a commission!”

We would like to dispel a couple of myths:

• We work hard! We are 24/7 constantly marketing, making contact with clients, doing research, and sending information.
• We give up time with our families to accommodate buyers and sellers
• We are continually taking classes to better serve our clients
• Being a realtor cost money! Marketing, technology, insurance, and gas are not free.
• This is our job. We are doing this to provide for our families!

Despite this many people feel inclined to ask us for our time, our knowledge, and our resources only to take advantage of us in the end!

Remember this fact: A commission is placed on a home. The majority of the time that commission will go to the buyers and sellers agent equally. However if you decide to purchase a home without using an agent the selling agent will collect the entire commission. Sales agents from various communities address our real estate agent meetings. They emphasize the same point: Their homes will sell at a set price regardless of the number of agents involved. They want, and encourage, agents to represent you the buyer.

After four successful years we at The Wells Team are proud of the job we have done. If you every need assistance we are only too anxious to help. However before you contact us or any agent please remember that this is how we make a living.

Please check out our website: www.randywellsteam.com

LAKE LANIER IS UP !


Lake Lanier is up. Let the champagne corks fly!

As of this writing we are only five feet below “full pool” on the lake. Residents are once again boating, fishing, swimming, and enjoying everything that the lake has to offer.

In terms of real estate this represents a great time if you are looking for the second home, weekend getaway, rental property, or a new primary home.

Barb and Randy of The Wells Team are 9 year Chestatee residents. Chestatee is the only golf course/lake community on Lake Lanier. Our community marina looks great and there are some boat slips available.

As nine year residents of the lake we have the knowledge you need to buy the right property at the right price. Our real estate company, The Norton Agency, also has an investment on the lake. Now entering our 81st year The Norton Agency sold the first lake lot on Lake Lanier. We have also had representatives from the lake present classes to some of our agents, including The Wells Team. We wear the Lake Lanier Expert designation with pride!

Take advantage of the low interest rates and the slower market to find a great opportunity on the lake!

Barb and Randy will be happy to show you around!

If would like to see our lake listings check out our website: www.randywellsteam.com

See you on the lake!