Atlanta Real Estate – Atlanta Homes Search

Multiple offers seems to be the BEST indicator that the market is picking up.  With Atlanta first-time home

 buyers coming out of the woodwork to claim their $8000 tax credit, homes that are priced under $350K seem to be selling in less than 30 days, often with MULTIPLE OFFERS!

In the last three months, I have been involved in more than a dozen multiple offer situations in the “Intown Atlanta” neighborhoods….including Kirkwood (FOUR different homes!), East Atlanta (two different homes), Candler Park, Ormewood Park, Oakhurst (two different homes), Downtown Decatur, and the Oak Grove / Briarlake area.

If you are buying your first home (or even your 2nd or 3rd), it is SO important to have a Buyer’s Agent by your side.  Not only will they help you negotiate the best price on the home, they will know how to help you write the best offer when / if you get into a mutiple offer situation.

If you find your dream home and think there could be other interested buyers, there are a few things you can do to make YOUR offer more appealing to the sellers:

• Be flexible with the terms
• Keep the contingencies to a minimum
• Allow seller to say in the home for an extra 48 hours or even a week after closing so they can get their affairs in order
• Avoid “special requests” or keep them to the bare minimum – you can always negotiate them later in the transaction… once the seller has selected YOUR OFFER!
• Add a special stipulation that you will not request any repairs that exceed $250 or $1000
• Add a personal touch and include a letter to the seller with your offer – sellers often want to know a bit about he buyer and  also some reassurance that they are passing their home along to another family who loves it as much as they do
• And of course, offer them the most you are willing to pay for the home.  It is so important to put your best foot forward, as you may only have one chance

If you are thinking of selling your Intown Atlanta home this year, I would love to talk with you about my sales strategy that often generates multiple offers!

KERRY LUCASSE  ::  KELLER WILLIAMS REALTY  ::  404.432.1844  :: KerryLucasse@yahoo.com

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This entry was posted on Friday, July 31st, 2009 at 9:25 pm and is filed under Buyers, Intown Neighborhoods, Market Statistics. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.