In short, there is barely a 2 month supply of inventory that averages 28 days on the market (ex, Fulton County) before it’s reported under contract in the MLS, so the actual average days on market are much less than that. If the property is priced to sell, property owners are receiving multiple offers the day the property is listed for sale. Also if you’re an Atlanta buyer purchasing property much less than the average sales price, now you can see why every property you’ve called about is already under contract, pending or sold.
As a buyer in the Atlanta market or any market that has low inventory, you have to be ready because your competing with other active buyers that are already pre approved & have their proof of funds in hand ready, willing & able to submit a written offer on a property.
This is why getting Pre Approved for a home loan is the first step in starting the home buying process. The early bird gets the worm is not a sales pitch. It’s just the facts & the above chart, along with the MLS data & statistics supports the truth about home buying in Atlanta.
This captivating 2.6 acre property sits on a private peninsula island; deep water 32’x32′ dock and features the best lake views well suited to entertain or relax by the pool, sauna or terrace. The 10,000 sqft property also features a one-acre pasture, barn with tack room, fish ponds, and boat launches, 6 Bedrooms, 6.5 baths, Finished Basement, 2 Kitchens & so much more for under $3,700,000.
When selling your home, you have to convince buyers to believe in more than the property itself. Details like square footage or number of bathrooms might be on a buyer’s checklist, but these details can’t shine if you never capture the buyer’s imagination. Potential buyers need the chance to dream about how life in your house might look and feel for them.
The best way to get into a buyer’s head is great home staging. If your house makes the right impression in photos and viewings, there’s a chance to set yourself up for a quick sale.
Pack Away Clutter
Ideally, you want a staged home to look livable, but not lived-in. The best way to do this is to pack up as much of your stuff as possible. This cuts down on clutter and makes the space look less like it’s already occupied. It may seem like a silly step to take—after all, surely buyers understand people often sell homes they currently live in—but it can make a big difference. In fact, too many of your personal belongings, like distinctive decorations, can kill a buyer’s interest in your home. Aim for a look that is classic and neutral so house hunters’ imaginations can run wild!
The most important part of making updates to your home is ensuring that they’re as classic and neutral as possible. Everyone has their own sense of style, which can wind up hurting you when you’re selling a house. If your unique flair clashes with a buyer’s, that might be all they think about when they’re viewing your home. It all comes back to that imagination factor; it’s harder to project your image of a house onto a house that already has a strong image of its own.
Improve the First Impression
When neutralizing the paint isn’t possible, professional staging is the next best option to distract buyers from the elephant in the room from their eyes. Remember, you want to help the potential buyer see themselves living in your home in the way they would.
Ultimately, anything you do that makes your house look like the kind of space anyone could live in will make a big difference. You want it to be clean, bright, and appealing so that buyers will be interested, and simple enough that they can picture themselves there. Get them dreaming about your home, and they’re much more likely to make an offer.
As shown in the articles featured photos, we provide our clients with professional staging for residential & commercial property owners as needed to achieve the highest & best return on their investment.
The Popeye’s Franchise praise is well deserved but even more deserving is my client, Mr. Mack. Mr. Wilbourn’s loyalty to black business owners around the country & dedication to the city of Atlanta is what many haven’t had the privilege to know. It’s been fun to see young Atlanta showing respect to what many of us have known for years. The continued intentional referrals from Mr. Mack are priceless.
Mack’s energy, optimism & wisdom has been very infectious to business owners around the world. Congratulations on your continued success! We honor & salute you!
Listing & selling a metro Atlanta Mansion formerly built for Atlanta Falcons Mike Vick as TMZ reported was not a typical deal. This property was listed in a market with less than a 1% market absorption rate. The absorption rate is the likelihood that a property will sell in a given time period. A good absorption rate in real estate is 10%. Most luxury real estate companies around the world won’t list a property under an 8% market absorption rate or 8% likely to sell rate so listing & selling this property with a less than 1% market penetration rate is pretty iconic.
Luxury Mansion’s in any market are tailored for a specific multi million dollar buyer or specific target audience so luxury home sellers benefit by choosing an experienced luxury real estate brokerage. I’m extremely pleased that our clients & customers allowed us to not only prove to the market how strong of a luxury real estate company we are but to have served them with highest & best in return.
As a Black woman, what do you consider your superpower to be?
As a Black woman, I believe Black women have many superpowers. One of which is being Black. The true awareness of that is one superpower that I sincerely value. However, another superpower is knowing and understanding that any other superpower begins through me. That has helped me become dependent on my own strength, resources in life and business.
What key skills or qualities make you unique as an African American female leader?
Always wanting to see others win and succeed.
What thoughtful or encouraging piece of advice would you give to your younger self?
Stand firm on Romans 8:28: because all things including good and bad will ultimately work for your good.
Why is it important for women of color to lead or work in leadership roles and decision-making capacities?
It is important for women of color to lead in leadership and decision making capacities because if we have to see people who look like us succeeding at the highest and best capacity to really believe it’s possible. Before I started my own brokerage, I had the pleasure of working under another brokerage owner who is a woman of color. I’d just left a corporate job at IBM as a large enterprise consultant in the late ’90s. I learned very early from corporate that you have to give to get. I asked the Broker if I could volunteer without pay to serve her team in a capacity they could utilize as a new licensee. She agreed and the rest is history. I knew that establishing my own brokerage was possible.
How do you feel about the hashtag #CollaborationOverCompetition?
I adore that. Women supporting women is not just a trend. It’s a mission among like-minded businesswomen. We have to get over ourselves. What’s for you is for you and that’s it. As long as your adding value, the universe will make room for you.
Visit Rolling Out for more the full Article. I hope this article inspires another woman to keep thriving to be the highest & best version of themselves.