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Real Estate Investing Series
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Written by Lane Bailey
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I was with a buyer last week that wanted to look at a certain foreclosure home that they had seen listed. The price seemed a little high, but they thought there might be room for the bank to wiggle... It had been on the market for about 8 months.
When we walked in the door, the odor of decay was overwhelming. Literally. We couldn't walk into the house for more than a moment.
Of course, there was no |
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FSBO Articles
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Written by Lane Bailey
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I am slow to bring a property to market. And I am proud of that. In fact, I think that more agents should be slow to bring a property to market. There are a few things that NEED to be done, and should really be done before the property is listed in the MLS or anywhere else...
- Photos of the house and property
- Virtual tour
- Website
- Flyers or brochures
- Video tour
- Staging
We all know that the absolute most important time to have everything right and in place for a listing is |
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Real Estate Opinion
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Written by Lane Bailey
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The NAR has been rallying around a new battle cry since the real estate market went from rampage to challenge. Most everyone has heard it by now... All Real Estate is Local... Well, it is, right? Isn't it? Well, yes and no. I used to be firmly in the "real estate is local" school... in fact, before the NAR thought it was cool. But, as the NAR has shifted positions, I felt the need to re-examine MY position. I don't like it when I agree with the NAR too much. |
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Gwinnett Market Reports
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Written by Administrator
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This is the August report, covering data from June and July. Looking over the report, and putting it into context with previous reports, the market isn't as bad as it was earlier in the year. We are certainly off of last year's numbers, but not as far off as we were earlier in the year. There is still a lot of inventory, but the overhead inventory is starting to drop. However, it will be a couple of months before we know if the recovery is starting, if we are skipping along on a bottom, or we are just working through a burp. Keep in mind, that by the time we are able to call a bottom to the market for certain, it will be 4-6 months in the past. So, the best deals are to be had 1 or 2 quarters before knowing those were the best deals. It kind of reminds me of a Yakof Smirnoff joke... "Big Sale - Last Week... Why tell me now." |
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Gwinnett Market Reports
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Written by Lane Bailey
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Gwinnett County Market Report - May/June 2008 Market reports are a great tool to get the pulse of the market. There is one big drawback though. All market report are looking in a rear view mirror. We are seeing transactions from the last couple of months that completed deals that started a month or more prior to that.In addition, the numbers that we get for the immediately preceding month (June, in this case) tend to be very incomplete. The revisions for May ARE pretty complete, though. If you have any questions or comments about the numbers, or the new format, feel free to drop me a note and let me know. And, while we're on the new format, we will be trying out a few different formats to deliver the market reports over the course of the next couple of months. I know that the info can be pretty dry, but I also know that a lot of readers are looking for the content. |
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