real estate: 12-12-3 Buyer Plan. See 24 Homes, Make 3 Offers - 12/13/11 10:03 AM
I'm sure you've heard of 9-9-9. Herman Cain's catchy name for his tax proposal.
It inspired me to come up with a catchy name for what I've been doing for the 12 years I've been a buyer's agent.
I call my system the "12-12-3 Buyer Plan"
Quite simply, I want you to see 12 homes in three hours on day one. Then see another 12 homes in three hours on day 2. Then make 3 offers on your top three at the same time and let the sellers compete for your business.
It's Bold. It allows you to be Decisive. It brings Clarity to … (6 comments)
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real estate: I Love My iPad. It's a Great Business Tool for Real Estate - 08/28/10 10:04 PM
I bought an iPad 3G about a month ago.
I love it. It has come in handy with buyers out in the field.
5 years ago I bought a Toshiba Tablet comuter and had a Verizon wireless card. I had the vision of being out there with instant access to the Internet and being able to check things on the fly.
But it was a big dissappointment. The battery quickly lost power so I had to pretty much keep it plugged in either in the car in at a house I was showing. It then took a few minutes to boot … (12 comments)
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real estate: Market Stats for Sandy Springs Inside The Perimeter - 03/02/10 07:59 PM
Real Estate Market Statistics for Sandy Springs Georgia
The following are some charts I put together showing some key statistics for single family detached homes in southern Sandy Springs Georgia (FMLS area 132)
I've gone back and compiled the data that Smart Numbers puts out for the FMLS monthly reports for the past 8 years. This allows the trend to be seen over time. I've found that month to month numbers to be pretty useless so that's why I spent all of the time to create these charts.
Average sales price Number of units sold Sales price/original list price ratio Total … (0 comments)
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real estate: Real Estate Market Statistics for Sandy Springs Outside The Perimeter - 03/02/10 07:49 PM
Real Estate Market Statistics for Sandy Springs Georgia
The following are some charts I put together showing some key statistics for single family detached homes in northern Sandy Springs Georgia (FMLS area 131)
I've gone back and compiled the data that Smart Numbers puts out for the FMLS monthly reports for the past 8 years. This allows the trend to be seen over time. I've found that month to month numbers to be pretty useless so that's why I spent all of the time to create these charts.
Average sales price Number of units sold Sales price/original list price ratio Total days on the … (0 comments)
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real estate: How's the Atlanta Market? Depends on What Part of the County You Live In. - 12/31/09 05:16 PM
It really amazes me how different parts of Atlanta have fared in the last few years.
In the middle of 2007 the real estate market in Atlanta finally began to take a hit. In some areas the bottom seemed to drop out. Other areas have held up reasonably well in comparison.
Below are market graphs for single family detached homes in various parts of the Atlanta metro area.
First the overall numbers that get reported in the local media.
Then I have comparisons for
North Fulton vs. South Fulton County. North DeKalb(Dunwoody)vs. South DeKalb(Stone Mountain), East Cobb vs. South Cobb and … (0 comments)
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real estate: My Best Stuff All in One Place - 06/03/07 10:02 AM
You might be wondering, "Who is this Tim Maitski? Is he really nuts about Atlanta real estate or is he just plain nuts, like crazy nuts?"
"Can I trust this guy? Does he know his stuff?"
That's what this blogging is all about. Through my writing, I hope that you will get a feel for who I am and what I know. Then you can decide if you trust me enough to help you accomplish whatever it is that you want to do with real estate.
I pulled together some of the better articles that I have written to make it easier for you … (5 comments)
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real estate: Alpharetta Address, Low Forsyth Taxes, Beautiful Home, Westgate at Chadbourne - 05/31/07 02:23 PM
… (7 comments)
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real estate: Zillow Has a Long Way to Go to Replace the Knowledge of an Agent - 02/07/07 11:13 AM
An article in Fortune Magazine just came out about how Zillow hopes to change real estate.
I thought it was interesting how they say one would have to gather all the information to come up with a good price. They say it is unrealistic, which is why we use agents.
This might be a very good article to have available for clients who bring up the Zestimate.
The entire article is a good read. I pasted what I thought was the most useful part to give to clients.
The big idea behind Zillow is to make real estate more like a stock exchange, a … (2 comments)
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real estate: $200,000 or $199,999 ? Which gets more viewers? - 12/14/06 10:12 AM
Most agents advise clients about pricing their home under certain key price points in order to have their home show up on searches that agents or buyers might do.
We've all seen the $199,999 pricing which is supposed to make it sound like it's a lot less than $200,000. But by pricing it a dollar less than $200,000 you are taking it off the radar screen for the people searching for homes from $200,000 to $225,000.
By pricing it right at $200,000 you are exposing it to people searching below and above that pricing point. Do you think that it matters much? Is … (2 comments)
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real estate: Beware of the Agent with All of the Signs! It can be Dangerous to Your Wallet! - 12/13/06 04:00 PM
Have you ever driven through a neighborhood and seen one agent with most of the homes for sale? Your first thought might be that they must know a lot about the neighborhood. You might think it would be a good thing to deal directly with that agent if you decide to buy a home there.
If you want to get a good deal, stop! Think about it for a second. Why would they want to negotiate a great deal for you? It's just going to bring down the prices in the neighborhood and make their other homes for sale look overpriced. … (3 comments)
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real estate: Nuts? You Bet. Lost My Marbles? No Way. - 12/12/06 09:38 AM
I've been experimenting with video and wanted to see what you all thought of a video I put together where I show people the little things I do when we go shopping for a home.
I've been very reluctant to use it yet. It's a bit long winded and I think I come across as a bit boring. But I'm willing to put it out there for you all to comment on. I try to sprinkle in some humor here and there.
Broker Bryant posting a picture of himself in a diaper has given me courage to go ahead and put this video out.
http://tiny-link.com/vl.asp?h=7503576750RHKQRM&l=
… (0 comments)
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real estate: Is the Market Turning? I Have a Good Feeling. - 12/11/06 11:42 AM
The last month or two have been exceptionally slow. I have had the time to find Active Rain and spend some time messing around here. I was really beginning to get nervous.
But all of a sudden we have negotiated 3 contracts in the last seven days. 2 for buyers and one for a 10 day old listing of ours. The seller is now ready to go shopping with us for their next home. A few other leads that I have given out to other agents are turning into contracts also.
I don't want to make too much of it. It could just … (1 comments)
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real estate: Duffy Realty, Full Service for $500? Coming to Your City Next - 12/10/06 07:26 PM
In Atlanta, Rhonda Duffy has become the number one listing agent by giving the discount model a new twist. She's a marketing genius and is franchising the concept to dozens of other cities. In Atlanta, she has already sold over 700 single family homes in 2006 and has over 600 active listings. That is pretty darn impressive by any standards.
It's always a good idea to know as much about your competitor in order to help prospects understand the differences between what they offer and what you offer. When you begin digging into the fine print and understanding a few key differences in the pricing … (7 comments)
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real estate: Niche Marketing and Fair Housing - 12/10/06 10:33 AM
(I had a satirical part here about a fictitious group of real estate agents to show how other niche groups could sound very offensive to others. I thought I should remove it in case someone just read the initial paragraph and didn't make it to the rest of the story)
America has always been a melting pot where immigrants were proud to learn the American way and were proud to be called an American. Recently, it seems like America is becoming a nation of diverse cultures who want to live together but also want to keep the cultures separated. Many Realtors are … (23 comments)
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real estate: How Many Homes Does a Buyer Need to See? - 12/04/06 09:08 AM
I saw someone mention in the comments of another post that if they had to show a buyer 20 homes, they felt that they weren't doing their clients a good service because obviously they hadn't been listening to what they wanted. They felt that they were wasteing their client's time. They didn't mention how many homes on average they show but if 20 is way too many I would have to assume it is between 5 and 10. I've also seen studies that most buyers only see between 5-8 homes before making an offer.
Maybe I'm doing something wrong or maybe only my clients … (4 comments)
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real estate: Atlanta Real Estate Conditions - 11/29/06 01:55 PM
I keep hearing about all of the gloom and doom on the TV and radio. I hear many agents in my office complaining about their listings not being shown. But in the last month, we've had 3 buyers get beat out of homes by competing offers. All of them were in no rush because they thought it was a buyer's market and they were in complete control. All three of them waited just a bit too long and allowed someone else to come in a buy it.
I've been also getting email inquiries on homes and then finding out they are … (0 comments)
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real estate: You Need to Know About CLUE Reports - 11/28/06 04:33 PM
A bad C.L.U.E. report can really mess up a transaction. Imagine this. A week before closing, your buyer tries to get home owner's insurance. The seller has only lived there for 2 years and nothing was mentioned to him when he bought it about some water damage claims the previous owner had 5 years ago. Just like points get posted to your driving record, insurance companies have a shared database where they make notes of all the claims filed on a property address. Some insurance companies will not even sell you a policy if there has been any sort of water related … (1 comments)
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real estate: No Closing Cost Loans, Deal or No Deal? - 11/27/06 08:29 AM
The late Milton Friedman popularized the expression "There's no such thing as a free lunch". By listening to some very popular radio ads by an Atlanta mortgage company you would think that anyone who willingly pays closing costs for a mortgage is either an idoit or is being ripped off. This guy doesn't charge any closing costs. His mortgages are "free". That guy has to be making a lot of money to pay for all those radio ads. So where does he make money if he doesn't charge closing costs?
Instead of charging closing costs to fund his company, he sells mortgages with … (1 comments)
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real estate: Atlanta's a Great Place to Retire - 11/24/06 03:48 PM
I never thought of Atlanta as a place that someone would want to retire to. But in the last two years I've been working with more and more people coming from California, Arizona and Florida who are finding Atlanta as a great place to retire. Most are impressed with the type of home that they can buy in the outer suburbs such as Forsyth county. They don't have to commute so the traffic isn't a big deal. There are some really nice golf club communities and the Mall of Georgia and North Point Mall are pretty close by.
The biggest incentive is … (0 comments)
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