Common question I receive daily:
Is the Atlanta housing market crashing? Should I wait to buy a home to see if housing prices decrease?
My thoughts? You may be waiting awhile if you’re waiting for housing prices to decrease. In most other previous economic downturns, home prices continued to appreciate at an even pace. The exception to this of course is the 2008 Recession. The difference there? That recession was largely driven by the housing boom that preceded it + loose lending restrictions. Significant job loss paired with homeowners who had little to no equity in their homes was a recipe for disaster. That is not our current situation.
While Atlanta home prices have been rising ...
Are you considering buying or selling a home? You might find it valuable to know all the players in the transaction, and who does what throughout the process.
Listing Agent
The Listing Agent is a real estate professional who typically represents the seller as a client. They list the property in the MLS and perform various marketing duties for the seller determined by their listing agreement. Their goal is to find a buyer for the property. Typically, the listing agent is paid a commission once the property successfully closes.
Selling Agent/Buyer's Agent
The Selling Agent is a real estate professional who typically represents the buyer as a client. The agent will explain the buying pr...
It’s no secret that the Atlanta real estate market is highly competitive right now and is certainly favoring sellers in most areas. It seems like all you have to do is stick a sign in the yard and call for highest and best offers. Buyers are falling all over themselves and throwing earnest money deposits at you. They’re waiving inspections and contingencies, offering over ask price, and letting the sellers occupy the home post-closing, free of charge. As a seller, you might be asking yourself, “why wouldn’t I try to save some money on that listing agent’s commission and just handle the transaction myself? Do I really need an agent?” Yes! You absolutely do! Any experienced listing...