There is a lot of hubbub about the 'market' being sluggish and I've documented how the inventory of unsold homes keeps rising. Especially on the higher-end. But let's focus on what has been working, shall we? Above is the list of our listings that have closed escrow...
Jim’s Take on the Market
The Waiting Game
It's a bit sluggish around town and it will probably stay that way for the foreseeable future - and likely for years to come. Prices and rates are high, and the inventory keeps growing, which gives buyers hope that either the perfect house will come along and/or...
Let’s Sell Houses
Off-Market Sales Reality
Yesterday, reader Jim repeated the common belief about the Compass 3-Phase Marketing Plan: Compass isn’t going this route to protect sellers - they are trying to increase their dual agency transactions which will lead to more profits for a publicly traded company. In...
Quantifying A Buyer’s Market
Let's compare the start of 2025 to previous years. The last obvious buyer's market was in 2009, and in the graph above you can see how the supply swamped the demand. This year, sales have been strong and the supply is still relatively muted. Cash sales are a major...
Reverse Offer
View this post on Instagram A post shared by Glennda Baker Atlanta (@glenndabaker)
Check Occupancy Before Closing
Hat tip to Susie for sending this in! A real estate transaction fell apart just one hour before closing after a shocking discovery involving an alleged squatter at the property. The potential buyers, who had been under contract since March 1, chose to walk away from...
Compass Coming Soon
Thanks to the N.A.R. revision of the Clear Cooperation Policy, there are now FOUR ways a home can be marketed to buyers: Private Exclusive - Within the brokerage only. My buyers can be auto-notified. Compass Coming Soon - Listings on the brokerage/agent websites only....
Blog Under Seige
The blog has been inudated lately, but it looks like we got it under control. I'm a part-time blogger. My trade is selling homes. I don't have time to be chasing down bots who are trying to make my life miserable! I hope it didn't matter to you. The comment section...
More on Bots
Even though we blocked some of the bots, the number of visitors this week has increased +3,000. To have 13,215 unique visitors in the last 7 days is unbelievable! Thank you for being here! I directed my people to block more bots today, and this makes 11 total bots...