home sellers: Home Sellers in the Spring 2023 Market
- 02/13/23 08:37 AM
Home sellers in the spring 2023 market face the usual challenges, secure the best overall offer. This year however, add to this the mental side - home sellers in the spring of 2023 will not see the same conditions as last spring. Those that understand this will succeed, those that fail to..... Home Sellers in the Spring 2023 MarketHome sellers still hold the advantage in the greater Atlanta market and most areas in general. This is especially true for sellers with accurately priced and appealing homes. Successful Home SellersDespite the efforts of many so called "disruptors" to make it so, successfully selling a … (1 comments)
home sellers: Should I Rent My Home if it Doesn't Sell?
- 02/08/23 07:02 AM
The 2022 seller's housing market it gone and isn't likely to return. Sellers still enjoy an advantage but some will wonder, should I rent my home if it doesn't sell? That decision is not entirely up the seller... Renting a Home That Doesn't SellWhile the owner has obvious control over a home, it's not always unilateral. The vast majority of owners may have to get HOA permission to rent their homes, or the mortgage company, local municipality or other involved parties. Then there are the legal, accounting and insurance concerns. Why Didn't Your Home Sell?It might be best to understand why your home … (2 comments)
home sellers: Successful Home Sellers Will
- 01/26/23 08:33 AM
Here we go, the spring housing market around Greater Atlanta is starting to perk. Successful home sellers will find it a completely different market than a year ago. However, the Greater Atlanta area remains a seller's market. While the months of inventory is in the balanced range, sellers with highly desirable, accurately priced homes will see plenty of action. But DO NOT think it's spring of 2022. Balance is good, both home buyers and sellers benefit. Home sellers diving into the spring 2023 housing market can easily enjoy success. While the data shows balance, quality homes that are accurately priced and well … (2 comments)
home sellers: Home Sellers in Early Control of the 2015 North Atlanta Housing Market
- 04/06/15 01:28 AM
Sellers are in control of the housing market in the majority of North Atlanta. This due to a combination of factors but it's evident that the needle has moved to their side. Many buyers are finding this to be true the hard way; by losing a home or homes they found appealing. To be clear, this does not appear to be a ridiculous run like that which preceded the crash - at least as of now. This seems to be a combination of factors coming together that are likely to make the spring - summer season interesting. There is always an … (0 comments)
home sellers: Experienced Appraisers Provide Home Sellers Game Changing Benefits
- 07/26/13 04:01 AM
Should a home seller get a prelisting appraisal? Only if its usefulness is kept in context, otherwise, it’s likely to be a waste of money. Many times, having an appraiser as a “consultant” is far better than having them complete just an appraisal. Typically, sellers say the main reasons for ordering prelisting appraisals include: To get an accurate list price. • In real estate, the 80/20 rule is more like 90/10; 10% of the agents do 90% of the work. If 90% of the agents are ineffective, then a seller seeking credible, impartial advice is understandable. And VERY disappointing that they can’t … (0 comments)
home sellers: Agent Advocacy or Agent Self Preservation? What's the Priority?
- 07/25/13 10:39 PM
Where is the line between an agent being an advocate for a seller and being an advocate for themselves? Where is the line between an agent being unwilling to accept factual data and an agent being unable to comprehend factual data? Where is the line between an agent being unable to explain said factual data to a client and an agent being unwilling to so do? Naturally this post is the product of real world experiences – two of them within a week of each other, both over 700K and each in distinctly different areas of the great Atlanta market. The … (0 comments)
home sellers: Should Home Sellers Waive the Appraisal Contingency?
- 07/12/13 06:57 AM
A buyer waiving the appraisal contingency is occasionally seen, but what about waiving it as a seller? Opinionated sellers are out there, but how many are willing to actually put their confidence to the test and sell the home if it appraises for less than the contract price? We’ve touched on the strategy of buyer’s waiving the appraisal contingency in a very competitive market, what happens when the tables are turned? We know as we’ve had this happen. Three times in the last three months sellers of ours have been presented with this request. Twice this followed “lines in the sand” … (3 comments)
home sellers: How Do You Define a Neighborhood?
- 03/20/13 02:36 AM
How do you define a neighborhood? Are the terms neighborhood and market area synonymous? Do agents, appraisers and most importantly – the public define this the same way? That definition is incredibly subjective and incredibly important because value in real estate hinges on location and location usually means neighborhood and neighborhood means….That definition can have has social, financial, educational, demographic and many other consequences. As both an agent and appraiser in real estate full time since ’89, the list below is what I generally see as defining factors. That said, each of those can be effectively debated and nuances within … (0 comments)
home sellers: Sell Your Home in 21 Days for 98% of List Price
- 08/23/12 06:38 AM
As parts of the Atlanta real estate market find stability, we’re seeing the shift from buyer’s market to neutral or even a slight seller’s market. As the 2nd Qtr stats show, inventory is down, sales are up and in a few areas, and values are starting to move into positive territory. We’re seeing another familiar trend, sellers overpricing their homes as they look to capitalize on the positive news. A recent Inman News article hit familiar themes: in 2nd qtr '12 accurately priced homes sold in 21 days at 98.1% of list price A first-quarter survey of homebuyers and sellers done … (1 comments)
The HMT blog is written by Hank Miller of The Hank Miller Team. He is a licensed broker and certified real estate appraiser in the state of GA. Since 1989, real estate has been his full time occupation and Hank consistently ranks at the very top of Atlanta area agents in overall production. He is known as much for his attention to detail as he is for his candor.
Home sellers in the spring 2023 market face the usual challenges, secure the best overall offer. This year however, add to this the mental side - home sellers in the spring of 2023 will not see the same conditions as last spring. Those that understand this will succeed, those that fail to.....
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