georgia: Can An Old Septic Tank on Your Property Kill the Deal? - 03/25/18 05:58 AM
Can An Old Septic Tank on Your Property Kill the Deal?
 
 
 
Recently I was asked to find out market value on a piece of land. This was a one acre lot that once had a mobile home sitting on it. Knowing the area, I immediately asked about the septic tank. Was it still there and was it up to code?
 
 
 
 
 
 
The would-be seller explained that he had no idea if the septic would pass inspection and then he went on to say that he would be selling the lot as-is. Meaning he … (4 comments)

georgia: "The Only Rule You Really Need!" - 01/23/18 06:14 AM
This image was passed along to me the other day ...
... it got me thinking
There is a double entendre' in this message. Be careful what you put on any social media post, for even the most inocuous sleight can cause you problems. I admit the President makes me uncomfortable with some of his Tweets, but I'm sure he has a purpose, has thought it through, and he is Tweeting as he would like to be Tweeted.
But more important about the obvious play on "treat" is the message for everyone from the Golden Rule and other well known sources. Speaking to our … (2 comments)

georgia: The Grinch and the Great Wazoo - 05/16/17 06:53 AM
So you found your Realtor®, and you found a buyer, and you have arrived at an agreement that is blissfully acceptable to you as the seller, and the buyer. Does that means the property is sold, because that is the definition of market value in real estate school. A willing and able seller agrees with a willing and able buyer. Not so fast! You still might have to deal with the Grinch and the Great Wazoo.
 
I’m not saying all home inspectors are bad. Most are very capable. However, if you have the inspection done by the Grinch, you won’t like it. … (2 comments)

georgia: Nine “No-No’s” In Picking Your Agent - 04/18/17 06:13 AM
Instead of talking about how to find an agent, let’s visit how not to find and agent. Here are nine things you might want to consider avoiding:
 
The agent is a relative or best friend. Unless you know they have the experience and knowledge to handle your most valuable asset, you might want to go elsewhere. Hiring cousin Bubbles who is fresh out of school and needs a listing is a recipe for disaster and family feud.
 
Cheaper Commission. The old adage is “if I would give away my money so easily, how easily would I give away yours?” Realtors® are supposed to … (4 comments)

georgia: Why Is Our Market Lagging? - 03/21/17 05:55 AM
In our small county where several months ago, everyone was bemoaning the state of the real estate market, and complaining about being stuck with their home, we are witnessing a miracle!
Real values are up, days on market are down! Happy day! But inventory is very bad??? I can't explain it. Is it the culture of the people in the area. This county went big for Trump, so it's not presidential aftertaste. Our local economy seems good if not awesome.
What is causing this? Check the chart below.
 
Pickens_02_2017_Market_Report
(1 comments)

georgia: Appraiser/Agent? - 06/08/16 12:21 AM
I've asked this question in the past, but no one offers a valid explanation.
Why does the state of Georgia allow one person to hold an agent license as well as an appraiser license at the same time. Would that not create areas of conflict, especially in commercial operations?
Granted, it doesn't happen often. However, I have seen it happen, and somewhere the public usually pays the consequences.
(5 comments)

georgia: No Call News - 05/25/16 10:53 PM
What happened to the dreaded "no call list"? That's all we heard about a few years ago. Now it's a joke!
Actually, in all fairness, it's not a human being calling me anymore. It's some moronic computer offering to stop calling me if I don't want to be called.
There is a federal register of people who don't want to be called. The computer could cross reference that list in milliseconds, rather than call in the first place.
It was just another government idea with no plan for enforcement.
(7 comments)

georgia: No One Is That Busy! - 05/19/16 12:12 AM
I once heard a national horse dung salesman (training guru) say that we are idiots for going to closings. Claimed he went to his first closing and deemed it a waste of time. He sends people to get the check.
I view it as an opportunity to cement the relationship for down the road. You can also hold the client's hand if there is one of the typical delays. You can demonstrate that it's just as important that they get their money is it is for you to get yours.
I also know that we can actually list and sell a home these … (1 comments)

georgia: “Should I Stay or Should I Go?” - 05/15/16 01:50 AM
Somewhere back in time there was a group called “The Clash” that was pretty popular for some time. The recorded a song called “Should I Stay or Should I Go”. I would like to say it was about real estate, but that would not be true. It was about human relationships, and deciding whether to end one or move on.
 
The lyrics actually do have some use in a decision to sell a home, especially one facing some age and wear issues, and moving to a new home that may have a higher mortgage, or downsizing and fitting all your “stuff” into … (1 comments)

georgia: Driving Out of the Darkness - 05/07/16 11:29 PM
It’s been a rough ride for a long time in the real estate market, but as we peek in the rear view mirror, we can see that almost all parts of the country have completed the recovery. Home values are up. Home sales are up. Distressed sales (foreclosures and short sales) have fallen dramatically. It seems that 2016 will be remembered as the year we drove out of the real estate darkness.
The only hiccup in the system is lack of inventory. It’s everywhere. While buyer demand keeps rising, there is not enough supply to keep up.
Doug Duncan, Chief Economist at Fannie … (2 comments)

georgia: Conflicting Real Estate Trends In Georgia - 03/18/16 11:57 PM
Pickens County real estate continues to exhibit opposing trends. While sales, pended sales, and prices show significant improvements over last year and prior, the number of homes for sale continues to decrease. Apparently, all the talk a few years ago convinced home owners that their homes held minimal value, so why try to sell?
 
We are now at ten months of inventory at all price levels, meaning at the rate homes are selling we could sell them all during that time (this of course assumes no new homes enter the market). When that level reaches six months of inventory, we enter into … (0 comments)

georgia: Real Estate Review for 2015 - 01/25/16 04:36 AM
As we enter 2016, the question of “how are things going?” has been a favorite during the holiday season. We always seem to hear about other counties doing so much better in the real estate recovery than Pickens, so I decided to take a look at some surrounding counties as well as our year over year performance. On county comparisons, it’s obviously hard to compare units or dollars, so I used percentages.
 
 
I’m not going to draw any conclusions from these numbers for you other than to say it appears that Pickens County’s performance generally stacks up favorably with the other counties. … (0 comments)

georgia: What Should You Do If Your Home Isn’t Selling? - 01/24/16 04:35 AM
It can be very frustrating to put your home on the market, expecting a fast sale, only to find that after six months you’re still waiting for an offer. What can you do?
First, determine if it’s a result of timing. You may have started worrying too soon. If it has been only a month and you haven’t gotten a bite, not to worry. The time a home stays on the market is related to the market’s strength, which varies regionally. According to The 2003 National Association of REALTORS® Profile of Home Buyers and Sellers, two-thirds of all homes sold in the … (3 comments)

georgia: The Listing Agreement ... Watch the Details! - 01/09/16 09:29 PM
Now that you’ve chosen a real estate professional to sell your home, you’ll need to work together to complete a listing agreement. This legally binding contract authorizes a broker and his or her real estate professionals to find a buyer for your home, according to the conditions specified in the contract. Depending on the type of listing agreement, you can expect to see most of these terms detailed in the document. In Georgia, we are fortunate that the agreement has been simplified by putting most of the moveable parts on the front page, but here is an overall recap of what … (2 comments)

georgia: Strategies for Selling a Vacant Home - 01/07/16 11:59 PM
Consider these two scenarios:
A) Robert has accepted a job in another state. Although his home has not sold, Robert must leave soon because his start date is in a few weeks.
B) Diane built her dream home across town. She expected her present home to have sold before completion, but it is still on the market.
Both Robert and Diane are concerned about having to leave their unsold homes vacant. They know that a vacant house can imply that the owner is desperate for a fast sale, and that it can be targeted for vandalism.
What can be done? Homeowners like Robert and Diane … (3 comments)

georgia: Old House? New House? Weigh the Options ... - 01/07/16 11:52 PM
Maybe it has something to do with a childhood home we fondly remember. Many of us long for old homes built with solid construction, quality craftsmanship and beautiful details. We wax poetic and wistfully recall the hand carvings, plaster walls and eyebrow dormers of homes we’ve known. On the other hand, how do the old homes we admire compare with newly minted models—and what should we consider before deciding which to buy?
Typically, old homes sit on generous plots of land in or near town. The neighborhoods are established and usually more central to schools and shopping. Mature trees and plantings … (1 comments)

georgia: Interest Uptick - 01/04/16 10:31 PM
We now have an entire generation, born since the middle ‘80’s, that believes they are entitled to mortgage rates just above free. Ironically, they were actually born when mortgage rates ran as high as 18%! During the Carter administration, if you had a 7% mortgage, you were not only lucky, you were considered to be a financial genius. That would now be considered highway robbery. They were stunned when the federal rates went up a quarter percent recently.
 
They will likely wait around for rates to go back down. They also waited around for all the cheap houses to disappear before starting … (0 comments)

georgia: Are You Violating the Law or Ethics? - 11/01/15 09:06 PM
Between real estate law and the code of ethics, it’s very easy to step out of your comfort zone.
 
Does anyone remember the part about putting your client’s best interest above your own? How about the part on staying within your field of expertise? If you do single family residential homes as your main service, are you even qualified to do large tracts of land? What about a multiunit apartment? What about a warehouse or big box anchor shopping center?
 
Many people think land would be easy. After all, it’s just lying there, right? How tough is that? Do you understand mineral rights? … (81 comments)

georgia: New Listings Down … Why? - 10/26/15 02:49 AM
After suffering through what was at least arguably the worst real estate correction in history, most of the surrounding county markets seem to be coming back. For some reason, Pickens is trailing behind. Following are three charts to illustrate (residential listings only):
 
This chart represents the number of new listings in Pickens versus the number of units sold.
Over the last year, new listings and the number of homes sold were trending up, then in July both columns starting dropping. This could be for a number of reasons, but my theory is that old inventory is either priced incorrectly or has other issues, … (0 comments)

georgia: Pickens Selling Seasons - 08/31/15 03:07 AM
 
In 2011 I looked at seasonal home sales in Pickens County. It covered the previous eight years of sales, and concluded that Spring/Summer and Summer/Fall were the best selling seasons, with Fall being slightly better.
 
 I decided to revisit those numbers and do it a little differently. This time I divided the year into quarters that represent our seasonal temperatures, so the first quarter starts in December and ends in February. I also went back five years to sort of pick up where we left off. Following is a graph illustrating the results: 
 
This illustrates that real estate is local. While metro markets … (0 comments)

 
Ron Barnes, "Most agents claim they're #1 - I THINK YOU'RE #1! (Associate Broker at Berkshire Hathaway Home Services Georgia Properties) Rainmaker large

Ron Barnes

"Most agents claim they're #1 - I THINK YOU'RE #1!

Jasper, GA

More about me…

Associate Broker at Berkshire Hathaway Home Services Georgia Properties

Address: P.O. Box 1503, Jasper, GA , 30143

Mobile: (678) 520-6648

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