Preliminary stats for Duluth, March, 2010 indicated that there were 618 properties on the market. Overall, there is about an 14.3 month supply of properties, with a marked deceleration in Absorption Rate. However, sales in March were 59, compared to 44 a year earlier.
Tag Archives: sellers
Flashback Friday… Valuation?
- Friday, 07 May 2010 09:07
- Written by Lane Bailey
- 1 Comment
There are a lot of questions that revolve around property valuation. Sellers want to know how much their homes are worth and Buyers want to know the ‘right’ price to pay. Specifically, Sellers don’t want to leave money on the table, and buyers don’t want to put too much money on the table for the Sellers to take.
There are a lot of ways to try to figure out what a house is worth, and a lot of people that can provide opinions about that… And they are just that, opinions.
Except for one… There is one indisputable market valuation metric.
Flashback Friday… Cheap Sex and Real Estate
- Friday, 30 April 2010 08:28
- Written by Lane Bailey
- 0 Comments
- Image by PUNKassPHOTOS.com via Flickr
Last year I wrote a post about a “power agent” I met here in the Atlanta area and a guy I knew in college, decades ago. Unknown to each of them, they had exactly the same M.O. for their ‘business’. Although, their ‘businesses’ were quite different and they might not recognize the other as doing the same thing… they were.
How can a dirt bag trolling bars for girls with low morals be similar to a successful real estate agent that lists hundreds of homes each year? The short version was that they played a ‘numbers game’. They didn’t care about a relationship or delivering what the other person needed, just getting what they wanted.
Take a look…
![Reblog this post [with Zemanta]](http://img.zemanta.com/reblog_b.png?x-id=04a6c55d-f97d-4cac-a798-b472be72aecf)
Wayback Wednesday… What is happening here?
- Wednesday, 28 April 2010 08:28
- Written by Lane Bailey
- 0 Comments
A couple of years ago, I put up a post about seller strategies and what agents SHOULD be doing to get a house sold. With the changes in the last two years, marketing is more important than ever. Internet marketing is easily the most powerful marketing an agent can do for a property.
Norcross, GA Market Report, February 2010
- Monday, 26 April 2010 08:24
- Written by Lane Bailey
- 2 Comments
Market stats for Norcross, February, 2010 indicate that there were 321 properties on the market. Overall, there is about a 9 month supply of properties, with sales remaining fairly steady… Last February there were 38 sales, and there were 36 this time around.