Market directed changes in attitude.

By
Real Estate Agent with Better Homes and Gardens Real Estate Metro Brokers

Newnan Homes for SaleAs inventory declines, and sales prices moderate, the attitudes of both buyers and sellers must adapt to the marketplace.

There are few “good” properties available, and they vanish in a day or two. Buyers no longer have the luxury of agonizing over a purchase decision for a week or more.

And with multiple offers, sellers no longer have to cave to ever demand instigated by a would-be purchaser.

Location, price and condition are still the three dominant attributes that attract buyers. If you’re three for three in that department, you will immediately have multiple offers. If you’re two for three, you will have showings and if you’re one for three it had better be price!

The market has spoken.

Are you listening?

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Topic:
ActiveRain Community
Location:
Georgia Coweta County Newnan
Groups:
"Whacked"!!!
Diary of a Realtor
The Lounge at Active Rain
Realtors®
BananaTude
Tags:
real estate attitudes
real estate market

Comments 27 New Comment

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Rainmaker
358,938
Kevin Mackessy
Dedicated. Qualified. Local.
Blue Olive Properties, LLC

A very welcome change for sellers.  Here's to hoping the market bounces all the way back.

September 19, 2012 05:25 PM
Ambassador
1,516,895
Christine Donovan
Broker/Attorney 800-610-7253 DRE01267479 - Costa M
Donovan Blatt Realty
Richard - The market has certainly spoken, and succesful buyers and sellers are listening.
September 19, 2012 10:40 PM
Ambassador
864,330
Debbie Reynolds
Your Dedicated Clarksville TN Real Estate Agent
Prudential PenFed Realty, "The Real Debbie Reynolds" Your Clarksville Real Estate Professional, 931-920-6730

Richard, Some markets are getting scarce. Others are not. Location. location, location.

September 20, 2012 04:46 AM
Rainmaker
62,718
Wayne Bennett
Short Sale & Foreclosure Resource - Charlotte
Remax Executive/Charlotte,NC 704-293-3931

Richard...couldn't have said it better myself, Price, Location, and Condition.   I find myself in multiple offer sitautions daily, inventory shrinking, new home building on the rebound, not as many foreclosures.  Although market conditons are local, all indications are pointing to an even better '13...

September 20, 2012 06:52 AM
Rainmaker
529,728
Ginger Harper
Your Southport~Oak Island Agent!
Coldwell Banker Sea Coast Advantage

Location, location, location. It still tops here...price then condition next.

September 20, 2012 08:18 AM
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Richard Weisser

Richard Weisser Coweta Newnan Homes for Sale
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Additional Information

Author Bio: Richard Weisser is a Georgia real estate broker, licensed auctioneer, and has been writing about Georgia Real Estate since 1999.

Coweta Fayette Real Estate offers opinions and helpful information to consumers and real estate professionals in the Coweta County Georgia area.

Coweta Fayette Real Estate allows you to search the entire Georgia MLS for free with NO registration required!

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