According to many sources, first time buyers are in full swing to accomplish the American
dream of buying their first home.
The NAR reported that February homes sales were up and that first time buyers were
really taking advantage of bank foreclosures and other great priced inventory. Many of
the buyers surveyed said that they simply can not wait on the sidelines any longer
waiting for word that the market has reached the bottom.
And, many buyers who have earned the right to buy in this market are saying to
themselves that they are not in a personal recession and are taking the advice
of consumer advocates like Dave Ramsey and Clark Howard who are touting that
it is the best time to buy a home because if you wait and even if the home
prices did drop another 5%, which I believe is unlikely in Atlanta, you could possibly
pay a higher interest rate and then, actually pay more for the house over time.
So, if you or someone you know is a first time buyer who is excited about buying a home
you need to hear that you are not alone and it is okay, as evidenced by the many other
smart buyers taking action in this market!
Metro Atlanta Home Buyers visit Duffy Realty to find out How to Get Paid Buying a Home!
Duffy Realty of Atlanta will be once again creating a “buzz” this weekend again with our city-wide
open houses this Sunday from 2 to 5.
If you are a buyer or a seller, you need to get in the action - now.
Visit Duffy Realty of Atlanta now to Get all the Details on the City wide Open Houses!
HOME BUYERS - Get Paid today to Find Your Home!!!!
Submitted by Robert W. Morgan on Fri, 09/12/2008 - 4:34am.
http://www.thecitizen.com/node/31648/#comment-88163
Sure there are good and bad in every profession, but the Realtors weed out their own bad apples long before they can damage the public or at least they try most of the time. Most of the bad rap they get is because those that take listings really have no control over actually selling that house, since they rely upon other agents who do have customers to bring them to their listings. The big flaw in all this is that the agents who list are not honest about their role or the role of the other agents. If they were honest, it would lead to a trend towards discounted real estate commissions. Hasn’t because the Realtor organizations have a very strong lobby and up until recently a stranglehold on information.
All this will change in a few years as poor market conditions and technology advances weed out the old school bluehairs who can’t adapt to changing times. The shrinking market and the inevitable advance of discount brokers like Rhonda Duffy ($500 gets you everything you need to sell your house - including MLS access) will also make it more difficult for the untrained part-timers to enter the profession.
Those 2 groups - the bluehairs who think balloons on signs sell houses and the new people who still work at Delta or UPS and are “trying” real estate part-time are the ones that provide people like mudcat with all the real estate agent horror stories. Fortunately they are in the minority and are most certainly a dying breed as the real estate business morphs into something that is 100% based upon technology and empowers the next generation of home buyers and sellers to be in total control of their transaction.
Lot’s of used Lincoln and Lexus sedans will be available for sale very soon.
Full disclosure - I taught a real estate class for 15 years.