Atlanta Real Estate

     March 2020 was the start of a new market in Real Estate. As most businesses were closing down due to COVID-19 and the economy was going to a standstill, mortgage rates dropped to some of the lowest rates in history. This encouraged many to buy homes but not as many were interested in selling. This is what we call a Seller's Market when there are more Buyers than Sellers and there is a shortage in inventory. For Sellers, this can be classified as a great thing! Seller’s get top dollar for their homes and this often helps the property values to increase in the surrounding areas. For Buyers, however, this can make looking for a home a bit of a challenge.      One thing to keep in mind when Selling during a Seller's Market period is that oftentimes Buyers are going to be competing for your home.    This means that they will possibly be offering over the asking price, will not ask for any Seller's concessions, and will do other things to make thei...

     There are a lot of companies out there offering to buy people's houses directly. Companies like Zillow, Opendoor, and Offerpad tell you that they will send you an offer and you can pick when you close, no hassle. But is this a good deal? You may actually be losing thousands.     When a Seller reaches out to these companies out to get an offer on their home, the initial offer is not where it may end up at. For starters, the initial offer is without the company even viewing your home. Even though they ask for pictures of the home and they encourage to send as many as possible, they still, like a traditional sale, will request an inspection be done. From there you will start seeing the Net of the Sale go down. These companies will deduct any needed repairs from the offer price, and they will also deduct commissions and closing costs.      It is important for Sellers to do their homework before they decide to go that route. This can save you thou...