REAL ESTATE SALES ON THE UPSWING IN FRANKLIN NC!

By
Real Estate Broker/Owner with BALD HEAD REALTY

REAL ESTATE SALES ON THE UPSWING IN FRANKLIN NC!

Chatter, Chatter, Chatter, is what you would hear if you were within the circle of Realtors who work in Franklin NC.  The real estate professionals in Franklin NC have been chattering either positive or negative about the local market conditions for the last 2 years. I believe if an "outsider" were to evesdrop on all this market speculation, that confusion would abound as to just what is really going on in Franklin NC and Macon County NC as regards real estate sales and activity.

The past 4 years has seen 50% or more of the 300 or so real estate professionals disappear from the local market here in Macon County. It is my personal opinion that the shedding of these 150 or so real estate agents is a normal phenomenon that occurs when the going gets tough and requires a real estate professional to work FULL TIME and more diligently than ever to serve clients with excellence. After all, in a booming market, it seems like anyone and everyone wants to become a real estate agent and cash in on the wave of sales that are occuring. But isn't that just like any other industry in "boom times"? Of course it is.  The ones who work hard and are full time agents that succeed in creating sales are the envy of those who think it LOOKS EASY.. And thus there is a revolving door of agents quickly coming in and out of the market in persuit of this illusion of "easy pickings".. Yes Folks, success in any industry requires hard work, smart work, excellent customer service, full time attendence, and ongoing education if one is to be the "sought after professional". 

A "Full Time" focused real estate professional, one who engages the industry as I've pointed out above will always be successful in helping people to acheive their real estate dreams and goals.  After all, would you want a "Part Time" Pilot in the cockpit of a 747 navigating for you and your loved ones on a transatlantic flight, or a "Part Time" surgeon operating on your heart? Get the picture?  As this market continues to evolve and real estate transactions become more difficult to procure because of new regulations in lending and other related industries, I predict that we will see a further shedding of agents who won't rise to the challenges or do the things necessary in order to be successful. The result will be a multitude of wonderful, full time, professional agents left standing, who will continue to serve their clients with excellence and professionalism unparalleled by their former colleagues.

LET THE NUMBERS SPEAK!
Franklin NC is experiencing a full fledged recovery in the real estate sector. As of June 17th, 2010 our MLS reported 210 sales (residential and land) that generated $25,299,964 in revenue. This is a 40% increase in the number of sales compared to the same period of 2009, and a 32% increase in the gross dollar amount. Home prices have declined by as much as 30% in some cases but in comparison to the rest of the nation, Franklin has fared well. (Why? You say.. Go here for more)


The average sale price of a home in Franklin NC is roughly $120,000, down about 5%  and this is to be expected as new people to the area are coming from hard hit areas and are negotiating lower sales prices - "A Buyers Market"

Franklin MLS Sales: Land and Residences (January 1st, - June 17th)
                         Sales                   Total Sales Amt.              Average Sale

 2008  236  $35,070,427 $148,604 
 2009  150  $19,097,270  $127,315
 2010  210  $25,299,964  $120,476
  

John Becker "Bald Head" is a Real Estate servant/broker in Franklin, North Carolina. The Franklin NC market is primarily made up of "second homes" but not limited to that exclusively. Located in the beautiful Smokey Mountains of Western NC, Franklin is a desirable place not only for many of today's retirees,, but for anyone who wants to live in a friendly, quiescent and visibly therapeutic environment. A resident of Franklin NC, since 1993, John is uniquely qualified to help Buyer's & Sellers of real estate in the Franklin area. As an Accredited Buyer's Representative (ABR), Seller's Representative Specialist (SRS), and Short Sales and Foreclosure Resource (SFR), Mr. Becker is well trained to assist you in these highly specialized fields of real estate representation. John Becker / Bald Head one of Franklin's leading Realtors, is an associate Broker at EXIT SMOKEY MOUNTAIN REALTY located at 557 E. Main Street in Franklin NC.   As an associate Broker at Exit Realty, John has been the lead listing and selling agent each year since  beginning his real estate career there in 2006.  In the challenging year of 2009, Mr. Becker was amongst the "Top 10 Exit Realtors" in all of North Carolina. And is now ranked #3 in the first quarter of 2010.

Merchant Ratings  Top Realtor in Franklin, North Carolina "I have had the pleasure of working with John Becker for the past several years. "Bald Head" as he is known in the business community; is the top realtor in Franklin, North Carolina. His enthusiasm and professionalism sets him apart from his colleagues. He is a leader in the Franklin Area Board of Realtors. Fitting in with his personality and personal value system, John leads the Board in Fund Raising Efforts for everything from their lobbying efforts to breast cancer awareness. In his off time, Bald Head has a prison ministry; reaching out to those shunned by the rest of society. He is a true asset to our community and I feel blessed to know him and work with him as a local real estate attorney."  Ken Fromknecht of Franklin, NC on May 19, 2010

Franklin NC Real Estate-Franklin NC Homes for Sale-Otto NC Real Estate-Homes for sale in Otto NC

Bald Head Blog: Real Estate Sales in Franklin NC
Exit Mid-South Blog: Real Estate Sales in Franklin NC
Broker Agent Blog: Real Estate Sales in Franklin NC
GreaterTownBlog: Real Estate Sales in Franklin NC

               
Macon County NC Real Estate with Specialty in Franklin & Otto
"Offering Solutions to My Clients"
our gateway to Paradise in the Smokey Mountains of Franklin, NC. John Becker / Bald Head, provides a superior level of informed, professional real estate service to Buyers and Sellers. You can obtain any information you require in order to make an informed purchase regarding Franklin NC Homes for Sale and Franklin NC Properties for Sale with John Becker at Exit Smokey Mountain Realty. Call 828-506-3719..
 
 
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Rainmaker
2,041,021
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Thank you for sharing information about the Real Estate market in Franklon , North Carolina.

Jul 02, 2010 07:03 AM #1
Rainmaker
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Kate Wheeler
Country Homes and Land Murphy NC Realtor - Murphy, NC
CCIM - Murphy NC Real Estate for Sale

I'm glad to hear the market is getting better in your part of NC - we're seeing much more activity here in Murphy as well.

Jul 02, 2010 07:23 AM #2
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Rainmaker
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John Becker

John Becker / Bald Head
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