Nashville 12th South

By
Real Estate Agent with Benchmark Realty LLC 324386

Anyone in the country who has at least a passive interest in real estate has heard Nashville Tennessee is a hot market. If we color coded a map, a white hot blue flame would emanate from the 12th South area down into SOBRO. If you’re not familiar with this hip trendy area let me say it’s everything you could imagine or have read about. It’s close to everything with quaint shop’s and really cool and unique restaurants and bars. Now that is a great thing for those who bought property there in 2008 to 2011. It's a "Sellers market" for sure! Unfortunately this area is a real challenge for my buyers. As an example my buyer and I searched for 6 months lost bids on three properties before finding a great home. Good news is three years out; he has accrued 70k in equity on a 325k investment, not bad. This was an investment property so the emotional rollercoaster of falling in love with a property and losing it didn’t really come into play but sadly it does for others relocating to the "Music City" everyday. Absorption rate of the area is at 69.37% of full inventory, in layman’s terms that means no bueno for the buyer. So I have a couple of tips when looking for a home in Nashville.  Find a Realtor of course, I can feel the eyes rolling, look at their ratings, beware of teams or groups and don’t fall for slick marketing. Get someone who will invest their time in you. Riding around with an assistant is just going to slow down the process; you need Realtor expertise and the ability to strike fast. Make sure your Realtor uses digital signatures and has real time MLS data at their fingertips. Finally, LISTEN to the expert with whom you have contracted. Most all of us are good people and truly want to serve you and your family for years to come. Nashville Tennessee’s 12th South district is a great place to be and you can get there too with help of the right Realtor. 

Posted by



close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Home Buying
Location:
Tennessee Davidson County Nashville
Tags:
nashville
buyers
real estate
advice
local expert

Spam prevention
Show All Comments
Rainmaker
1,188,915
Jane Peters
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services

Yes indeed, your market looks very familiar. And I love the idea of not using a team. Having someone working full time for you is going to help in a competitive market.

Mar 04, 2016 04:37 AM #1
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
17,409

Terry Stutts

Professional Sales, Personal Care
Ask me a question
*
*
*
*