Just like a crazy uncle, the Real Estate business has all sorts of people shaking their heads right now. Because of the severe shortage of good listings on the market, buyers are often bidding against themselves for a home. Just visualize a pack of dogs clamoring over a bone. I have never seen a market such as this one.

I sold a buyer a home yesterday, I think, in part because the listing agent and I hit it off. I told her I was dedicated to getting the home closed and pushed the fact that my buyers really loved the home. Time was when you just had to convince the seller to accept your offer. Now we have to schmooze the listing agent as well.

We may have sold a listing yesterday too, a full day before we even got the listing entered into the MLS system. We have buyers looking and so when this listing came to us we set up a private showing for 3 of our buyers. One decided to buy. Now we will not even get to the MLS system. Sheer craziness I tell you.

I think I would prefer a more balanced market. One where good listings show up every couple of days and buyers are finding the homes they want. Not sure when this will happen. It will take many more people deciding to list their homes. In the mean time, sellers are finding a great market for their homes.

I write about daily life as a Realtor in the Towne Lake Community in Woodstock Georgia.

 

Thanks to emergency responders everywhere…
04/16/2013
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After watching the video of the bombs going off in Boston yesterday, I was struck by the thought that within seconds emergency responders were running full tilt into the fray to help those people that were wounded. There was a line of people with… more
The Pocket
04/08/2013
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There exists a small park in the Northwest corner of Georgia, just out side the small town of Lafayette, and near Dalton, that is a wonder to behold. Tucked into a Small valley with granite cliffs towering over both sides, this park named, The… more
What to do in Cherokee County?
04/03/2013
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One of the great things about Cherokee County Georgia is the availability of the Arts. We have great museums, art festivals, and sports events all within 30 minutes or less of home. The county is home to some magnificent public parks as well… more
April already?
04/01/2013
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It seems like just yesterday it was March! Now we are in April! What happened to all those days? What will April bring? Among other things, it brings the full on Spring market. This is the busiest time of the year in Real estate. This is the time… more
What can keep us from getting this home?
03/25/2013
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I have a client and good friend who is looking for a home. He is, unfortunately, looking in the price point where 1) homes are scarce, and 2) they sell like hotcakes! We found a home on Friday that he liked. It is a HUD home and had been on the… more
Should a Seller ever refuse to negotiate?
03/18/2013
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The answer is never. Never. You always negotiate. I have a good offer in with a local listing company that prefers that its clients respond to offers. I made the offer this weekend. My clients offered $190, 000 on a $200, 000 listing. Today I received… more
Great for the Irish… But What about the rest of us?
03/18/2013
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St. Patrick's Day is a neat way of remembering all our Irish brethren. It also happens right before Spring and gives us all a chance to celebrate having survived another Winter! I like St. Patrick's Day. From what I understand, there are green… more
What happens when the Buyer doesn't like the home repairs?
03/18/2013
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When you make an offer on a home, at least here in Georgia, it is usually followed by an acceptance and then usually a home inspection by the Buyer. If the Buyer wants something fixed that was turned up in the inspection, they ask the Seller. The… more
Are you seeing stars?
03/15/2013
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Are you seeing stars? If not, the Atlanta area has some great places to see them! Downtown we have movie stars prowling around because of the active movie business here, but that will be for another post. Today I am talking about celestial issues,… more