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Equipping failed sellers for success in Atlanta


Good news! More sellers are selling their real estate nowadays instead of failing to sell. I remain steadfast in my mission to help those who have failed, find success after they fire their first or second agent… Check out the recent chart that reveals the basic dynamics of our market. Just three years ago, this chart looked almost opposite of the recent Third Quarter 2012 chart above. Check this link out that I published in my article entitled “The mother of all Intown Atlanta real estate charts” in February 2009. Back then, only 30 out of 100 were selling. “Of the 30 sold listings, 20 (73%) had a price reduction, when listing prices from previous listing periods are included, before a Buyer was found. Therefore, if 70 failed due to overpricing and another 20 required a price reduction in order to sell, 90 out of every 100 listings were overpriced in 4Q 2008, resulting either in either no sale, or a sale at a much-reduced price after a much-longer … [Read more...]