Archive for January 2008
Alpharetta Luxury Homes
Alpharetta Luxury Homes:
SEARCH FOR LUXURY HOMES IN ALPHARETTA
Now is the time to start shopping for your new luxury home. Don’t trust just any Realtor with one of the biggest purchase of your life. Hire a Realtor who has several years of experience and specializes in luxury home sales.
I have years of experience with buying and selling high end luxury homes.
With the market situation, now is the time to look at new construction. Developers are offering amazing discounts…still USE A REALTOR. The on site staff is representing to builder, not you as a buyer. We will navigate the issues that may arise with builders. Using a Realtor will protect you and make sure the construction is progressing according to the legal documents.
Best agent in Alpharetta, Ga – Traci Morreale-Strub
For information about Alpharetta, Ga Real Estate, Market Trends, Events and Happenings in and around Alpharetta, please call Traci at 678-575-6735 or send an e mail to huntforhouses@yahoo.com
How to get the best price in a slowing market – Alpharetta, Ga
How To Get The Best Price In A Slowing Market
by Peter G. Miller
Reports across the country suggest that real estate in most areas of the country is no longer appreciating at the rates seen in the past few years. In fact, the National Association of Realtors reports that nationwide August existing home prices were actually down 1.7 percent from a year earlier.
None of this is terrible or awful unless you bought last year and must now sell. Those who have owned for a few years are well ahead in most communities.
Consider that in 2000, according to the National Association of Realtors, the typical existing home sold for $111,800 versus $225,000 in August.
So, what’s the best approach to selling in today’s market? Consider these five core points.

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Buyers are scarce relative to home supply.
While sellers have called the shots for the past few years, that’s no longer the case in most markets. No problem — adjust. Make your home the most attractive, best priced property in the neighborhood.
While pre-market prep could have been ignored in the recent past, today you have to paint, clean-up and repair before offering a home for sale. An MLS photo that shows a home with a lousy roof is evidence of a property that likely will not sell quickly or at full price.
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Remember that cash is still an issue.
- Choose the right Realtor.
In a slow market picking the realtor becomes especially important. Why? Because a broker with a strong local history is known and respected: If he or she offers a property at a given price that value is likely to be accepted as at least within the realm of reason.
Alternatively, let’s say we used a less experienced broker, someone who was not an authority figure. The property might have sold for less because another broker might have been less credible. In effect, one of the values of using an experienced listing broker is to readily establish believable prices and terms, an important matter in a buyer’s market.
- Numbers Count.
Real estate sales are a by-product of exposure. If the odds of selling a home are 100 to one, if it takes 100 inquiries and visits to sell a property, then the quicker you get those inquires the better. No less important, if you can get more than 100 inquiries the odds of getting a top price and terms improve.
This means that when considering a listing broker you need to review the marketing plan with care. What, exactly is the broker going to do in terms of advertising, open houses, market trends, MLS placements, online marketing, broker relations, etc?
Remember that the marketing plan which works for one property may not work for another. Plans need to be specific to local markets, to particular homes and for current market conditions. The thinking that seemed so good last year may be inappropriate this year.
- It’s a business deal.
With some frequency I see homes priced for reasons that won’t work:
- The property must sell for this price because I need $400,000 for the next home. The truth: Prices are established by the marketplace, not seller needs.
- Similar homes in a different neighborhood command a particular price, therefore my house should sell at the same price. The truth: What happens elsewhere is irrelevant. What happens in the immediate neighborhood is what counts.
- The Flombacks got $800,00 for their home so I should be getting at least that much. The truth: This is not about the Flombacks and should not be about seller ego. The real issue is about bricks and mortar. The Flombacks may have an objectively better house.
- The buyer’s offer requires that we leave the washer and dryer — it’s an insult. The truth: Homes reflect our psychological identity, who we are, our social status, etc. But the marketplace reflects supply and demand. Leaving a washer and dryer may be a lot cheaper than not getting a sale for months on end.
- This home would have sold for $500,000 last August and we will not accept a lower price. The truth: It’s not last August. It’s now and the marketplace reflects current supply and demand.
Sellers can be successful in any market so go forth and market — but do it right.
To find out how much your home is worth. E mail me at huntforhouses@yahoo.com or call me at 678-575-6735
Slow Market? Reasons to list your home with a realtor – Alpharetta, ga
By John Adams ContributorPublished on: 07/01/07
I was recently asked whether a home should be sold “by owner” or listed with a real estate agent. I replied that it depends on the seller’s circumstances.
In today’s world of real estate, a seller has more options than ever. You can list with a traditional real estate agent and pay a typical commission of 6 percent or 7 percent of the purchase price, or you can go it alone and try to save the commission. In addition, many brokers offer services somewhere in between, charging different fees for various services you might select.
If you are trying to make the same decision about how to sell your house, here are some relevant topics. You will likely want to list your home with a traditional real estate agent …
If you are in a hurry to sell your home. Let’s say your spouse has been transferred to Chicago, and he’s already there living in a hotel. The only thing keeping you here is the house, and you need the full benefits of a full-time professional to get your home sold as quickly as possible.
Remember that a significant part of the buying market is being transferred into Atlanta, and those buyers work almost exclusively with agents. These are the hottest buyers in town, with a high motivation to purchase quickly, and cash in their pockets. And those buyers usually don’t view homes listed by owner.
If you have never sold a house before and simply don’t have a comfort level with the transaction and the steps needed to make the sale happen. Getting a buyer to agree to pay a certain price is just the beginning. And if you’ve not sold a home before, you can easily miss an important part of the process, putting your entire sale in jeopardy. Effective agents specialize in getting the sale to the closing table.
If you’re uncomfortable with the prospect of showing your home to strangers and would welcome the agent’s presence when your home is shown. Reports of crime associated with home sales and open houses are rare, but any time you open your home to the public, it’s smart to anticipate potential problems. You’ll want to screen prospective purchasers, and make sure you are not alone when showing your home to interested parties.

If you are trying to sell in a slow market, like the one we are in now. Even a small advantage in marketing may make the difference between a sale and another 60 days on the market. For example, agents are members of the local multiple listing services, and that’s where other agents go to find prospective matches for their buyers’ needs. Having your home listed in the MLS is a huge advantage over simply having a “for sale” sign in the yard.
In addition, many MLS listings are automatically placed on national listing Web sites like realtor.com, where out-of-town buyers are more likely to view them.
If your time is better spent doing whatever it is you do than answering lots of unqualified callers’ questions about your house and how low you might be willing to go. Some folks are simply so busy with their job that they really have no business trying to sell their own home. Answering calls and returning inquiries is time-consuming, not to mention the obligatory open houses you will want to hold on the weekends. In contrast, agents are set up to handle this type of volume and have systems in place to convert leads into buyers.
If your skin is so thin that you will be personally offended when a prospective buyer makes fun of your decorating. In that case, you need someone else to handle the sale. Buyers come from all backgrounds and walks of life, and everybody’s got an opinion about your paint colors and your furniture. To make matters worse, they will want to poke their head into every nook and cranny of your house. Part of the selling process is encouraging buyers to visualize themselves living in your home, asking them how they might make changes to better reflect their own likes and dislikes. If that process will offend you, call an agent.
And finally, if the idea of negotiating prices back and forth with the purchaser is distasteful to you. If that’s so, you should probably hire an agent. Agents receive training in how to handle back-and-forth negotiations, trying to bring the parties to a meeting of the minds and getting to an acceptable price.
Contact the “best Realtor in Alpharetta” Traci Morreale Strub 678-575-6735 or e mail me at huntforhouses@yahoo.com
BUYING OR SELLING A HOME IN A DOWN MARKET – ALPHARETTA, GA
Selling (or Buying) a home in todays Real Estate Market…
written by Traci Morreale Strub – HUNTFORHOUSES@YAHOO.COM
I know the Real Estate Market look bleak right now. Sellers are thinking: “I will never be able to sell my home” and buyers are thinking: “I will never be able to get a loan in this market”. In this case, it could be perception is your reality.
Despite the constant barrage of negative Real Estate news, keep your head up. Look at it in a more positive light. After 14 years experience in Real Estate, I have seen all the ups and downs of the market and still succeeded in helping my clients buy or sell without losing. I make it a win – win situation.
The thought that homes aren’t selling is just not true. You need to understand that you have to price it right. You CAN NOT say “let put it on the market for XYZ and if we don’t get a lot of interest, we can lower the price”. That is the kiss of death.
Like most Realtors, I want to list your home! That’s what I’m here for and that’s how I get paid. BUT, I have had to turn down a listing or two because the sellers had unreal expectations. Make sure you find a Realtor who will tell it to you straight, lumps and all. Anyone can be a yes man and that is robbing you of precious time and money!
Lets move on to buyers. YES, you can get financed. Just because lenders have tightened there belts on loans doesn’t mean you can get one! Like I mentioned earlier, Mortgage applications are up and the rates have been slashed. Now is the time to buy a home! Sellers are competing for your business. You no longer have to settle.
Regardless of all the negative information floating around, there is always a silver lining. In this case, seller can sell and buyers can buy. Don’t let the reports frighten you from your dream of owning a home or upgrading to a bigger home.
I have to reiterate… find an experienced Realtor who will shoot straight. Don’t listen to the Realtor who says “I’ve done this and I’ve done that”, things are different in the market now, you need to hear “I will do this and I will do that”. Find a Realtor who’s been in the business longer than a few years. Most new Realtors have not had experience in a down market
Call or e mail me and I will tell you what your home is worth, how much we should list it for AND what improvements (if any) need to be made in order to make your home shine!
For information about Alpharetta, Real Estate, Market Trends, Events and Happenings in and around Alpharetta, please call Traci at 678-575-6735 or send an e mail to
huntforhouses@yahoo.com
Bathroom Makeovers increase your homes value – Alpharetta, Ga
Home Improvement Ideas – A big payoff from the tiniest room
(Money Magazine) — Adding a new bathroom will enhance your quality of life – and the value of your property – like few other home improvement projects will. Put in a master bath, and you won’t have to take turns with the kids every morning. Install a powder room, and dinner guests won’t have to traipse through your private terrain.
While you can’t count on recouping the cost of any upgrade right away in today’s weak housing market, over the long term adding a bathroom can boost your home’s value by some 20 percent, says Paul Emrath, an economist at the National Association of Home Builders.


