The Peters Company Blog

I was fortunate enough to be in a meeting today with our Operating Partner Shaun Rawls. In the meeting Shaun shared with us the 3rd Quarter Market Statistics for the Metro Atlanta area. I'll be weaving some of those statistics through online blogs here, on the Metro Atlanta Real Estate Update on Facebook, as well as our mail pieces. By the way, if you ever want to be added to our mailing list, simply shoot me an email. We'd love to stay in touch with you, keeping you up to date with the market.

Everyone knows this is a buyer's market, but what if you have to or JUST WANNA sell your house? Lesley and I are going on at least 2 listing appointments per week, but we don't take every listing. We truly believe in being honest with our sellers, and we would much rather turn someone down than let them down by taking an overpriced listing. We know that when property is priced right that it not only sells, but that it sells for more than a property that is priced high taking a price reduction. Now, more than ever, you need a realtor who knows the stats, knows how to professionally market your home, and who is prepared to shoot you straight on your home's value. Now is not the time to "try" the market. It's brutal, and it will make you look pretty silly. Now is not the time to play in the possibilities of what you may get for your home. You have to play the percentages. You have to have real statistics to price with in order to even get a whiff of activity, much less get your home sold. In the 3rd Quarter, nearly 67% of listings failed, meaning they were either withdrawn or expired. 51% of listings needed a price reduction before they sold last quarter, and of the homes that sold nearly 1 in 5 was a foreclosure. Yikes!

Don't choose a real estate agent because they give you a price that's higher than all the rest. Chances are they are setting you up for failure in this market. Choose a real estate agent based upon their plan to sell your home. Keep in mind that until your house sells you're not a seller. You're a tryer. Don't be a tryer. Be a seller. Sell your home, and let us show you how.

You can always check out more on www.thepeterscompany.com/blog.