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Category Archives: gwinnett

Woo hoo… added some links

For a post I wrote on my Active Rain blog this evening, I pulled up a bunch of Gwinnett County and surrounding area recreational links.  Everything from Road Atlanta to the Gwinnett Braves.  So, take a look on the left sidebar.  Links and Gwinnett Info have just been expanded.  Look for more expansions in the future.

Here is the link to the A/R blog.

 Gwinnett is already a vibrant and active suburb of Atlanta, GA… and it is getting better all of the time.  Gwinnett will be welcoming the AAA affiate of the Atlanta Braves to the new stadium that is being built near Lawrenceville.  Formerly of Richmond, VA, the Gwinnett Braves will be playing here starting in April of 2009.

Crazy Idea? Brilliant Marketing Tool?

I am kicking around an idea.  Shocker, huh?

I was sitting in the living room of one of my sellers.  We were talking about his condo which I have had listed.  An idea just fell out of my mouth.  And then it just kind of stuck to me…

I have written different types of copy for this property.  We have had descriptions of the property.  We have tried lifestyle marketing.  There are lots of great pictures (if I say so myself…).  In each stage, I have gone to my “usual suspects” and asked them about the copy.  Each time they have thought that the place sounded great…

But they aren’t active buyers.

And that is the problem.  I need to spend some time with real, active, in the market buyers… that aren’t currently my clients.

What I am thinking about is doing a panel.  Providing drinks and snacks, and some other inducements in order to sit down a panel of buyers and talk to them about their motivations.  To get it straight from the real buyers.  What is exciting?  What would drive them to see a listing?  Contact a certain agent?

Honestly, the NAR does this every couple of years… but their results aren’t local.  I want to hear from people in THIS market.  Buyers in LA or NYC aren’t buyers in Gwinnett County.

So, two questions:

As a buyer, what would get you interested in participating?

Do you think a round-table discussion or survey would be more conducive to open transfer of information?

I am pretty sure I could get some input from a mortgage guru so that the information transfer wouldn’t be just one way or just about the sales part of the equation for buyers.

Niche Marketing… or not?

I used to work in the retail world.  I managed a store.  We did a bit less than $2m/year.  It was part of a mid-sized chain.  We were quite focused on our specific niche.  We sold a particular type of product.

(Am I being too vague here?)

A couple of years before I left, we were purchased by a bigger specialty retailer.  They specialized in the same niche we specialized in…  On the surface, it didn’t seem like it would be a big deal for our clientèle… but it was.

Instead of concentrating on our niche and demonstrating that we were THE experts in our field, they expanded the product lines.  No longer were we to be identified as a niche company.  We should be more things to more people.

No longer were the sales people to be the most knowledgeable about one thing.  It wasn’t about knowing the market for the niche.  It was now about knowing a bit less about more.

My Dad often told me something.  It has stuck with me for a long time:

A specialist knows more and more about less and less until he knows everything about nothing.

A generalist knows less and less about more and more until he knows nothing about everything.

A specialist retailer has to carefully balance expertise with market breadth.  As does a real estate agent.

WalMart doesn’t staff with experts on anything (at least on the floor… unless it is just luck).  Bob’s Left-handed Pen Emporium doesn’t have much of a market… of course, with the internet there is room for Bob.

Look around at the choices for real estate agents.  There are a lot of generalists.

January/February Market Report posted

I just posted up the January/February Market Report for Gwinnett County on Garage Homes USA. I wish I could say that the market has turned, but I can’t.

But I can say that there are some killer deals…

How about an for an investor looking for a cash flowing property…

  • Under $450,000 quad.
  • Interest rate for non-owner occupied around 6%
  • Currently draws about $3500/mo. in rents
  • Stable tenants.
  • P&I on loan under $2500/mo. with 10% down.

The seller is retiring… has several to sell over the next couple of years.

So, the market gives with one hand…

Thank you!

I just wanted to take a moment to say thank you to my readers.  I have had a great week of readership.  The trends are up for both this blog and my website, Garage Homes USA.

I really enjoy the opportunity to bring you information about real estate in and out of Gwinnett County and Atlanta, GA… as well as the weekly videos and other interesting tidbits.  Obviously, the garage stuff is important to me as well… and judging from the email, it is important to you.

Thanks. 

If you are ready to buy and/or sell a home with a cool (or could be cool) garage in Gwinnett County or the surrounding area, give me a call.

**I have to admit something, though.  I may not be able to answer at some point over the next couple of days, but I’ll call you back.  Look for the announcement why as soon as it happens.**

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