atlanta real estate: We DID IT! Southeastern Home Team became Southeastern Realty Group!
- 01/07/11 06:27 AM
I keep wondering to myself - did I REALLY do this? Part of me is so excited I can barely contain myself and the other part of me is so anxious I just want to curl up in a ball and hide! January 6, Southeastern Home Team became Southeastern Realty Group! With the brokerage comes a renewed commitment to providing a real estate experience that goes well beyond the expectations of buyers, sellers and agents. A few days ago we made it official with our press release, created our new Southeastern Realty Group Facebook Fan Page, and we … (1 comments)
atlanta real estate: Why The Heck Am I Doing This?!?
- 12/08/10 12:22 PM
I did not choose real estate as a career. Oops, I can hear my business partners at Short Sale Daily News and team at Southeastern Group and Southeastern Home Team cringing at my admission. But, the truth of it is, I really did not want to pursue real estate when I was deciding “what to be when I grow up.” In fact, the idea of helmet hair and a gold coat (no offense to C21 or anyone with helmet hair) was absolutely NOT what I wanted to do with my life. As a kid, I associated real estate with what … (5 comments)
atlanta real estate: Do YOU Have An Ugly Website?
- 11/29/10 01:00 PM
All too often we run into a new agent or investor and the first thing they do, though we have other methods we would recommend for marketing yourself, is hand us their card. Fantastic, right?! Now we've got your info and we'll go right to the office and check out your information. What a great opportunity this could be in the making. We sit down at the computer and punch in the web address on the card and voila! Nothing!
If I even find the site, it's the most boring, drab thing I have ever seen in my life. I … (12 comments)
atlanta real estate: Roast or Fry the Short Sale Turkey?
- 11/24/10 08:37 AM
Alas, the Butterball help line is not available to assist you through the short sale process. Yes, they did open their lines earlier this week, and yes, they probably hire reps based on the same criteria as loss mitigation departments. But, unless you can break-down your short sale into cooking time per pound you will end up with an uncooked bird. If you have ever fried a turkey then you know that it cooks a lot faster than roasting. I prefer a fried turkey. I also prefer a faster short sale. Here are some short sale cooking tips from the … (4 comments)
atlanta real estate: MMMMM - mmm Better than Punkin Pie!
- 11/24/10 03:46 AM
For those of you handling buyers of short sales or who have real estate investors interested in short sales, it looks like Thanksgiving has come a little early for you. All the recent foreclosure paperwork problems (with the big banks being found out about using robo-signers) are causing some shoppers to stay away from distressed properties. This means more opportunity for you and your investors. Campbell Surveys’ conducts a monthly study of home sales and real estate market conditions and its October survey was answered by more than 3,000 real estate agents nationwide. These servicing issues disrupted both REO and short … (1 comments)
Backstory first…. We had a short sale bust up two days prior to close due a seller’s refusal to cooperate with the short sale approval terms. Despite a binding contract and likely suit for non-performance, the seller filed bankruptcy and bailed on closing. [Even teams as great as ours, have our share of war stories] The buyers of the property were from Vietnam. This was their first home in the United States. They had spent money to turn on the utilities for inspections, … (52 comments)
It used to be unspoken under-the-table practice to juice a seller in a short sale transaction. You know, the 1973 couch is suddenly worth ten thousand on a bill of sale. But, we must remember that a seller is asking for their lender to take less than is owed. The mortgage debt that they will potentially walk away from is the only way they profit from the deal. Sellers are not allowed to be paid any money … (33 comments)
atlanta real estate: What is a Discounted Property?
- 11/11/10 01:34 AM
Investor calls me today and says, “I got a great deal on a property. Bought it for a 57% discount.” I asked him what it was a discount from? He answered back, “the original mortgage balance.” Say what?
What is a real property discount exactly? The word “discount” is riddled with relative meaning. RealtyTrac and all the other housing report number crunchers love to tout macro analysis of the average property discounts. Unaware buyers jump up and down with excitement and demand to receive at the least the national average. BUT…..stop everything. We need to bring the discount talk into … (4 comments)
atlanta real estate: Generate Motivated Seller Leads The SOCIAL 14
- 11/10/10 08:54 AM
In today’s market you simply MUST be harnessing the power of the social web. Did you know that the average person spends over 20 minutes a day on facebook? Using social media you can reach out to hundreds, even thousands, niche specific consumers with a targeted message for FREE in just a few minute. No other platform provides this kind of power.
Old school real estate like politics had always been ‘shaking hands and kissing babies.’ But, the issue with shaking hands is that it takes a long time to shake a lot of hands (not to mention the germs.) … (2 comments)
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