Archive for April, 2012

Buying Land as an Investment

April 30, 2012

In today’s foreclosure-heavy market, it’s not uncommon to find land properties for sale in your area. Land has always been a great investment, due to its limited supply and historic rise in value. In fact, banks are now putting land on the market at prices that are pennies on the dollar compared with the original cost.

Many investors are purchasing land across Georgia. Depending on what you plan to do with the land, there are two different courses of action you can take: (more…)

Detox from your Technology

April 23, 2012

As summer approaches, I can’t help but think of one thing: Vacation!

As a Realtor®, vacations are important. You’re constantly required to be “on” 24 hours a day, 7 days a week. Communication is an absolute requirement, and not answering your phone or email can cost you valuable business. So we need to be available, and that means answering an email from a seller at 6am and then following up with a buyer at 7pm, and a ton of to-do items in between. It’s also normal practice to work weekends, since that’s when most buyers and sellers are available.

But when we’re on vacation, we get to RELAX… right? Sadly, this isn’t the case for most agents. I’ve actually had agents answer my calls when on the beach, at a theme park, or even on the ski slopes! (more…)

Are You Part of the Solution?

April 9, 2012

Listing inventory has declined sharply. Where there were 33,743 active single family residential listings in the Atlanta metro area at the end of February 2011, there were only 22,726 at the end of February 2012 –approximately a 33% drop.

Buyer interest is up sharply, evidenced by a 26% increase in contracts pending for 2011 over 2010. More buyers trying to buy fewer listings means fiercer competition for the “good” properties. Sellers are receiving multiple offers, holding “highest and best” bidding contests and instructing their listing agents to keep the property “active” right up until the date of closing. This last item is dirty pool, unethical, illegal and unprofessional. (more…)

Thinking About Purchasing a Home with a Swimming Pool?

April 2, 2012

As the spring season begins, buyers across the country are beginning to look around and swimming pools can be attractive. You may be tempted to buy a home with a swimming pool, but before you go off the deep end (pun absolutely intended), there are a few things to consider.

Swimming pools are both beautiful and lots of fun, but you should be ready for the amount of expenses and work it takes to maintain, as well as the increase to your liability. So should you buy a home with a pool or not? (more…)