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Archive for the ‘Buckhead’ Category

Why Sellers Need to Keep their Homes on the Market for the Holidays

Sunday, October 18th, 2015

1. People who look for a home during the Holidays are more serious buyers!
2. Serious buyers have fewer houses to choose from during the Holidays and less competition means more money for you!
3. Since the supply of listings will dramatically increase in January, there will be less demand for your particular home! Less demand means less money for you!
4. Houses show better when decorated for the Holidays!
5. Buyers are more emotional during the Holidays, so they are more likely to pay your price!

6. Buyers have more time to look for a home during the Holidays than they do during a working week!
7. Some people must buy before the end of the year for tax reasons!
8. January is traditionally the month for employees to begin new jobs.  Since transferees cannot wait until Spring to buy, you must be on the market now to capture that market!
9. You can still be on the market, but you have the option to restrict showings during the six or seven days during the Holidays!
10. You can sell now for more money and we will provide for a delayed closing or extended occupancy until early next year!
11. By selling now, you may have an opportunity to be a non-contingent buyer during the Spring, when many more

houses are on the market for less money! This will allow you to sell high and buy low!Santa at Xmas_iStock_000002255010XSmall

FSBO or Realtor?

Saturday, September 26th, 2015

Recently, I saw an online article, giving the major reasons why a seller should use a Realtor, rather than doing it themselves (FSBO=For Sale By Owner).

Sold by Nancy Aroneck

  1. A professional Realtor knows how to sell and close a property. We do it all day, every day. We see properties in every shape, condition, price range. We professionally list and sell homes for a living.
  2. A Realtor knows how to work the system to receive maximum exposure from prospective buyers. When selling a house, the property must be listed on hundreds of internet sites. Realtors know how to  do this, getting maximum exposure with professional photographs, pulling emotional heart-strings and providing financial criteria for their buyer audience. We know who is looking and who to contact.
  3. A Realtor will know how to prepare a house for sale and get it ready for the market. Is the seller prepared to deal with home contractors or know where to find trustworthy home-vendors? Does the house need costly repairs, such as interior and exterior painting, flooring, wood or brick repairs, kitchen or bathroom remodeling? Or does it just need to be decluttered, with the furniture rearranged and staged? Sometimes, a house doesn’t need anything and a seller wants to make unneeded repairs; it’s the Realtor’s job to stop them!
  4. A Realtor can get buyers into your home. Will a FSBO know how to properly and safely hold an Open House, then recognize and pre-qualify the buyers who come to the Open House? i.e.: does a visitor have to pre-sell their existing home before buying another; are they financially qualified to purchase a home in that price range; are the visitors just nosy neighbors? A good Realtor knows how to deal with these situations. In our market, relocating buyers (“relos”) will be using only Realtors, and their Realtors won’t show a FSBO because (a) they don’t know about it, (b) it is not prepared or priced correctly for the market and (c) their relo company is controlling the process. That company will not allow the buyer to purchase a non-Realtor-listed property. Relo’s receive incentives for moving; many of those incentives and exclusions, are specified in advance by the relo company. Relos are usually in a time crunch and cannot waste valuable showing time looking at houses they cannot/will not purchase.
  5. A Realtor knows the different areas of the city. Is the area declining or inclining in value? What are the future plans for the surrounding area? Are there plans for a school redistricting, a major street expansion, a sports stadium nearby? What grocery stores, recreational amenities, schools and entertainment venues are near the property?
  6. A trained Realtor knows how to effectively negotiate. She/he will negotiate objectively and fairly, not allowing emotions into the process and will strive for a win/win situation, in which a seller and  a buyer get what they want out of the sale. A Realtor knows how to get everyone to the closing table in a fast and effective manner. A happy closing is what everyone wants!

Best day to Buy a home is…..

Friday, September 25th, 2015
Atlanta in the Fall

Atlanta in the Fall

According to RIS Media, a real estate magazine, RealtyTrac analyzed over 32 million sales of single family homes and condos sold since 2000, and found that, on average, buyers got the best deal in the month of October. The best day of the week to buy a home is Monday; the second best day is Friday. The worst day is Thursday.

On average, the study also showed it’s October 8, when buyers averaged 10.8% below estimated market value at the time of the sale, followed by:

  • November 26 (10.1% below market value)
  • December 31 (9.7% below market value)
  • October 15 (9.1% below market value)

The best “average” day of the year in North Atlanta was January 15, as buyers recognized a whopping 14% discount in the last 15 years!

If you are a buyer, and with interest rates about to rise, why are you waiting? Call me today!

Nancy Sold Another One

Nancy Sold Another One

Sell my house fast

Tuesday, July 7th, 2015

Have you ever said the phrase, “I need my house to sell fast”, then followed it with “but I must have $X dollars for it”? Yes, we all have. And yet, we are in a “Seller’s market” but many buyers don’t know that!

If you are having trouble selling, and more importantly, getting to closing, you should talk to a Realtor who knows how to get buyers AND sellers to the closing table: me!!! Call, text or email me – I’m here, waiting to talk with you!

Nancy Sold Another One

Nancy Sold Another One

Is your Realtor/agent a control freak?

Tuesday, July 7th, 2015

Control Freaks? Yes, when we sell a home, we like to control all aspects of the process, not just the negotiations. We do this because we think it is our responsibility that the house  goes to closing with happy sellers and buyers.

Once the house is under contract, we follow up with the buyer/buyer’s agent about any planned home-inspections, then we go to these inspections, checking in with the inspector, introducing ourselves to everyone. We do this because we believe that it is our job to make sure that everyone knows we are personally invested in the sales process and that there are no future ‘issues’ for either party.

We are now in an appreciating market, unlike the depreciating market we’ve been in for several years. In this current market, it is too difficult to “hope and wish” that the property will appraise for the sales price. If we are representing the seller, after the inspection(s), but before the appraisal, we take the lockbox off the door, calling the appraiser in advance, and telling him/her why we want them to “go through” us for their property visit. We do this so that we are able to meet and talk with the appraiser. Taking the lockbox off, meeting and personally opening the house for the appraiser, enables us to validate the sales price. We do this no matter which side we are representing.

What does your agent do for you? If you are not being represented in all areas of the sale, call us and allow us to show you how we sell houses. We’re a short call, text or email away!

Atlanta Sold homes

Atlanta Real Estate

Closing on your New Home during the Holidays

Monday, November 19th, 2012

Many of the real estate closings in November and December have to be scheduled around the longer holiday breaks for Thanksgiving, Christmas, and even New Year’s Day.  Most lenders and attorneys are closed for the Wednesday – Friday period around Thanksgiving. They are also usually closed for an extra day or two before or after Christmas and New Year’s Day.

There are also many buyers, sellers, and agents who will be out of town or otherwise unavailable during these holiday breaks.

Attorneys and lenders  will work hard to accommodate the buyers and sellers, but it is important to check with all parties before scheduling and to make every attempt to have all parties at closing.  Mailouts of loan packages are much more complicated today, and the parties must find a title company or attorney in their location to supervise the signatures.  This is required for buyers and sellers.  In addition, the loan papers must be sent out several days prior to the closing deadline, in order to meet the contract expiration for completing the closing.

Please notify the closing attorney and lender as soon as possible if you know that you or the other party will be unavailable for your closing, and try to reschedule your closing to avoid the extra time, effort, and expense of a mailout.

And, as always, if you want to CLOSE before 2013, call Nancy Aroneck & Company! We are experienced and will actually get you to the closing table  quickly, and with as little “pain” as possible!

The Atlanta Real Estate Market

Thursday, June 28th, 2012

Nancy Sold Another One

What’s happening with our market??? We have almost half of the listings that we had at this same time last year, and the correctly-priced homes are receiving multiple offers.  Are we out of the buyers’ market, re-entering a sellers’ market? Oh yeah — we are!

Atlanta Real Estate Warrior

Thursday, January 5th, 2012
This morning, I ran into a old friend, who worked for the same builder as I worked for, a few years back. He laughingly called me a “warrior”, which I took as a compliment. It tickled me and got me thinking: what exactly is a real estate warrior?

A “warrior” is defined as ” a person engaged or experienced in warfare; a soldier; a person who shows or has shown great vigor and courage.” In other words, a Realtor!

Who among us agents has not shown courage and vigor by simply staying in Atlanta’s local market? In 2012, our market will be constantly changing, just as it was in 2011.

If you are looking for a “warrior” agent, I’m the one! Pick up the phone or send me an email or text. Let me show you that I’m ready! Set your goals and soar with me!!!

 

Atlanta Sold homes

Buckhead Surveillance

Friday, November 4th, 2011

“Operation Shield” is now a go in Buckhead.

The Buckhead Community Improvement District (CID)  approved a proposal from Texas-based Iron Sky, the company behind the surveillance cameras in Sandy Springs. Iron Sky will install 16 cameras around Buckhead. The program, known as Operation Shield, will include 14 pan and zoom cameras and two fixed position cameras for the foot bridge pathway of a proposed pedestrian bridge.

The cost of the cameras, $140,000,  includes hardware and software installation and a one-year service agreement. The Atlanta Police Foundation will also pay $70,000 for the cameras, the Buckhead CID reported. The surveillance network will tie into the city of Atlanta’s new Video Integration Center.

Once the agreement is signed,  the cameras will be operational in approximately 3 months.

The chairman of the Buckhead Council of Neighborhoods and the president of the Brookwood Civic Association both liked the idea of the cameras, one adding that it is “a great aid to law enforcement.”  The president of the Loring Heights Neighborhood Association said he is in talks with Iron Sky about setting up the cameras in Loring Heights and plans to bring a formal proposal to the neighborhood of Loring Heights in the spring.

 

How to sell a House in 6 Easy Steps

Saturday, August 13th, 2011

Many sellers think that agents have a secret listing strategy. However, the truth is, without a seller’s help, our strategies go out the window. Here are 6 easy steps to sell a house fast:

  1. Price it right; price it competitively.
  2. Interior and exterior condition is key. Make the repairs that your agent tells you to do; at a minimum, paint the outside trim and pressure wash the outside of the home.
  3. Stage the house. Make sure it is clutter-free and clean at all times. When you have a showing, leave the lights on.
  4. Make it easy on the agent. Allow the listing agent to put up a sign, a lockbox and please forget “Appointment Only”. If we can’t see it, we can’t sell it!
  5. Internet and pictures will sell it. When the listing agent, or his/her photographer, is coming to take pictures, make sure that the house is sparkling. If the pictures are bad, or non-existant, buyers will skip over the house.
  6. When in doubt, go back to items 1-5. If you are still in doubt, refer to #1.