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Are Buyers' Really Buying Real Estate? Ahhh...Let Me Tell You!

By
Real Estate Broker/Owner with MyMidtownMojo.com |770.713.1505 | Intown Atlanta GA Condo Living 272617

Purchase and Sale AgreementI was on a listing appointment this morning, and of course the question, "How's the market?" is a part of the conversation. To my Seller, I replied, it's all about price. Price it right and it will sell. That, along with my market knowledge got me that listing.

But that's not the purpose of this post. Are Buyers Really Buying Real Estate? Ahhh..Let Me Tell You that if it's priced right it will sell. Not only will it sell, the words I wondered if I would hear again came over the phone TWICE today...

"We have multiple offers in on the property. Highest and Best offer is due by (insert time) today."

 

I just got a new Buyer yesterday who found a home, called me and wanted to make an offer. (Actually, his mortgage person called me first, to tell me he was approved) As soon as I looked at the price and the property, I had a funny feeling. And sure enough, the call got me the response above.

I'm not sure how much of this is going on in my market place, or yours.

But it's priced right, it will sell. Buyers ARE buying real estate.

 

Patsy Overton
Patsy Overton Interiors, Atlanta, Georgia - Duluth, GA

Fantastic!  Glad to hear things are going well in your neck of the woods.  "If you price it right, it will sell" reminds me of, "If you build it, they will come" which I found to be untrue.  Glad your part of the equation is working.

Jan 26, 2011 09:35 AM
Lori Cain
Own Tulsa - Tulsa, OK
Midtown Tulsa Real Estate Top Producer

Thom, I have multiple offers coming in on a listing. In our area, if a property is priced right and move-in ready, it WILL sell. Not what the media is reporting, sadly.

Jan 26, 2011 01:38 PM
Charles Edwards Bentonville
Coldwell Banker Harris McHaney & Faucette 479-253-3796 - Bentonville, AR
AR REALTOR, Bentonville Real Estate Agent and Broker

Great message here Thom. The numbers do not lie. Price it right and it will sell.

Jan 28, 2011 03:31 AM
Ann Allen Hoover
RE/MAX Advantage South - Hoover, AL
CDPE SRES ASP e-PRO Realtor - Homes for Sale - AL

Yes!  My clients found a house they love and it went under contract before we could get an appointment to see it.  It had been listed less than a week.  Awesome house.....awesome price.

Jan 30, 2011 01:49 AM
Jake Accardi
Geogia State Inspections - Duluth, GA

Atlanta Home & Commercial InspectionsThom, You make a great point and I'd have to agree.  I am a home and commercial inspector in the Atlanta area and I've been seeing an increase in sales across the board.  The buyers know it is a buyer's market and they are looking for market pricing.

404.514.7457 | jaccardi@GaStateInspections.com

Jan 30, 2011 01:44 PM
Christine Donovan
Donovan Blatt Realty - Costa Mesa, CA
Broker/Attorney 714-319-9751 DRE01267479 - Costa M

Thom - The same is true for us.  If it's priced well, it will sell and often with multiple offers.

Jan 31, 2011 05:52 PM