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The secrets to finding a buyer in the Intown Atlanta real estate market

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Many different features attract buyers to a real estate purchase, but the seller only has control over two of them. Sellers can still get the highest possible list-to-sell ratio and sell their homes as quickly as possible if they are willing to put their trust in two time trusted principles of real estate: condition and price. Since 72% of all sales transactions are “equity” transactions – not distressed, not some odd luxury transaction and not an estate sale, the chances are favorable for sellers who “get it.” Here are the the top ten features that attract buyers according to the Keller Williams Realty International survey conducted for our 2011 Market Navigator booklet. 1. Location – favored by 69% of buyers 2. Neighborhood – favored by 55% of buyers 2. Floor plan – favored by 37% of buyers 3. Updates to the house – favored by 36% of buyers 4. Curb appeal – favored by 30% of buyers 5. Square footage – favored by 28% of buyers 6. Back yard – favored … [Read more...]

Avoid the Pusherman

Supply follows demand. So true, now and forevermore and since time began. A British comedian named Peter Serafinowicz captures an all too real situation in this video – the pushy real estate agent…creating demand. Watch: I find this funny, but I’ve always been a madcap zany from the Benny Hill and Monty Python school of sledgehammering, rhetorical comedy…call me if I’m losing you. I can’t say that I’ve found the recent months, after declining recent real estate sales months, since June 2007 to be very funny, but sometimes, humor gets me through. More importantly, the following statements from Steve Palm, our FMLS numbers guru, get me through and I expect that some of you will like what he has to say in his May 21, 2009 letter. Encouraging unless you are a condo, loft or townhome buyer, or seller: “…The average closed sale price for single family attached in April was $144,164. This is a decline of 21.5% from the same year ago period and the … [Read more...]

Welcome to the Intown Insider…

intowninsider.com is a real estate media vehicle sponsored by Intown Atlanta and Decatur real estate specialists, The Rootdown Group. The site will feature up to date market analysis, a free real estate search tool with a terrific user interface, a neighborhood compendium, cultural epiphanies and some cool videos. We went live on January 1, 2008. We have a few things to add to make this site rock, but thank you for visiting. Please come back. Get your real estate on! … [Read more...]