Posted by Stan Jones on Monday, January 18, 2021 at 12:00 PMBy Stan Jones / January 18, 2021Comment
URGENT Sellers - We Need You!
We have the buyers, buyers, buyers and they are ready to buy a home. We don't have the sellers. Call us if you have a home you want to sell. Or you know someone who might be thinking about selling. Call us at 678.647.6441
Posted by Stan Jones on Monday, March 30, 2020 at 8:28 AMBy Stan Jones / March 30, 2020Comment
OpenDoor, Zillow, Etc. Is Terminating ALL Contracts in GA
I keep getting asked the question "Should I use these companies to sell my home?" There are so many layers with this question it's really difficult to unpackage this with a yes or no answer. And now, in light of COVID-19, there is a new layer that is adding a new element that may answer that question for us. You see, all the so called iBuyes (institutional buyers) are leaving town as fast as they showed up.
iBuyers had a business model around fair price and convenience to the customer. The fair price part was left for the consumer to discern. The convenience piece was attractive. No showings. Control your timing. The cost for this convenience though was sometimes hefty. But i digress.
Now the market is suddenly slowed to a near halt and these buyers are too nervous to 'play ball' during this time and they are terminating their contracts left and right. Some have reported the iBuyer company Zillow is offering $5,000 to the seller to get out of the contract. More and more reports are coming in about all investor/iBuyer offers.
Posted by Stan Jones on Friday, March 6, 2020 at 2:08 PMBy Stan Jones / March 6, 2020Comment
Should I Stay or Should I Sell?
Reminds me of the old song "Should I Stay Or Should I Go Now. If I go it will be trouble but if I stay it will be double."
It's first quarter 2020 and the real estate market has been good for going on 8 years now. Wow, that's a long time and some project the market to shift again soon. But...hold tight...is that really the best indicator whether to sell or buy a house?
Yes, buying low and selling high is very important. What about for most of us who already own a home? Let's run some numbers and see what makes the most sense.
Running the numbers -
If someone decides to wait to buy a house -
Home prices today $300,000 Interest Rates today 4%
They wait one year and buy next year - 4% appreciation Home price $312,000
And let's say the Interest Rates stay the same at 4% Total extra payments $21,000 over 30 years due to the 4% appreciation of the home.
Here is another example I think I’m going to wait to buy?
Let's assume Home price today is $300,000 Interest Rates today 4%
We decide to Buy next year - and the home price does not change. It's still $300,000 next year.
But the Interest Rate goes up to 5%
This will result in Total extra payments of $64,210 over the next 30 years
Here is another example - Home prices go up 4% and interest rates go up from 4% to 5%
Posted by Stan Jones on Wednesday, March 4, 2020 at 10:40 AMBy Stan Jones / March 4, 2020Comment
Nestled in Monroe, GA Walton County is a sweet gem. Southern charm golf and community. Swim and Tennis. Convenient to shopping, dining and major travel. Come visit us for your taste of the beautiful south. Providence Club community is a true treasure
There are three specific things that homeowners can do to receive the biggest return on their investment and get the most money when they go to sell their house:
1. Upgrade your kitchen and master bathroom. These are the top two areas in a home where people spend their time, so they’re naturally the spaces that buyers look at first when thinking about buying your home.
2. Spruce up your curb appeal and landscaping. Since you only get one chance to make a great first impression, make sure that your front yard looks fantastic. It should have great edges, and there should be a nice contrast of color between your landscaping, your garden area, and your yard.
Since you only get one chance to make a great first impression, make sure that your front yard looks fantastic.
3. Modify your floor plan. If you have a wall that you could knock down at minimal cost, do it. If you can add square footage to a particular area in your house, go ahead and do it. Clean, open homes usually sell for more money.
If you have any questions about maximizing your home’s value or about anything else related...
Posted by Stan Jones on Monday, December 17, 2018 at 2:33 PMBy Stan Jones / December 17, 2018Comment
Selling Your Home? Buyer Provide Great Feedback
by: Stan Jones Stan Jones Realty Team Powered By Virtual Properties
Buyer don't have to say anything to say a lot. They are not confused in their silence.
Buyers shop for a home and select 5-7 homes online. They discern the best handful of homes that could match what they are looking for. Their realtor sends them homes that matche their criteria. From this, the buyer has a list of homes to see.
When the buyer visits a home they are ready to purchase. When the buyer sees homes of interest they ask more questions and express interest to make an offer. When the homes matches closely the buyer's criteria the buyer usually is making an offer.
What does the feedback tell you when you are selling your home?
1. If the home is priced right, it gets offers in the first 2 weeks of listing - usually even quicker than that.
2. If you (seller) are getting steady showings and no offers (or low offers) then it is one of two things causing your home to not sell. Price or condition. If the conidition is good...then it's price. Nothing else.
3. If you are receiving sporadic showings and not offers, then it is clearly price. There are no other variables. Buyers can see pictures online and most of the time they can't tell if there are condition issues. So, the only factor is price. I've heard some people blame their realtor at this point. I've been around this business too long to know that this reasoning is just not acceptable. Why is it that all marketing is consistent across the board for real estate listed homes. If the agent is consistently selling lots of homes then it is impossible to pinpoint the realtor to say they are not doing a good job on one home and not another one. That's...
Posted by Stan Jones on Wednesday, October 24, 2018 at 2:27 PMBy Stan Jones / October 24, 2018Comment
by: Stan Jones National Real Estate Coach CEO The Stan Jones Team
Selling a home is stressful. It's likely the biggest investment of a person's life. Physically moving puts a toil on a person's mind, body, and soul. Ripping up a person's 'nest' that is layered with memory after memory can be down right overwhelming. Yet, with this selling a home can be incredibly rewarding as well. Moving to a different area, neighborhood, home style is a breath of fresh air. New friends in the community. New layout to decorate and make it yours.
Selling a home can be accomplished in multiple ways. Doing it along by FSBO and hiring a realtor are the most popular. 93% of homes were sold by a professional real estate agent in 2017.
Now there is a new player in town. The so called iBuyer. An iBuyer is a company who buys your home and allows a seller to close and move on their timing. Wow! Now that is nice! As a seller you get to control the timing. In tradition real estate that is not probable.
The question is "At what cost does a seller pay for the convenience of choosing your own closing day/time?"
Take a look at the Forbes article about the iBuyer companies (90% choose not to go with the iBuyer... that's...
Posted by Stan Jones on Thursday, December 21, 2017 at 2:25 PMBy Stan Jones / December 21, 2017Comment
When preparing this blog to answer the question, "Is Winter The Worst Time To Sell My Home?" I googled and found a variety of answer. One national brokerage suggests that summer is the worst time to sell and that winter is the best. Everyone's favorite real estate miss-information site suggest that Spring is the best time to sell. With all these different opinions how is one to know when is the best time to actually sell your Dacula home?
Note: Many times these national outlets use national numbers vs local numbers, so it could be like comparing Detroit real estate to say Snellville real estate. They are likely to behave completely differently.
Before we answer this question (don't peak), it's worth noting that we believe the best time to sell is when your family needs to move. Trying to time the sale of your home can be a scary ordeal. The reason is that the information we have regarding the market is usually 90 days behind. By the time we notice the market shifting it's already shifted.
In addition, (if you didn't read ahead) when you look below you'll see what has actually closed. Real Estate closings do not happen overnight or within 30 days. Rather, they can take 60 to 90 days. So a closing in December likely started in November or October.
The first thing you'll notice here is that the worst time to expect a closing is actually in January. So...
Posted by Stan Jones on Thursday, October 12, 2017 at 7:56 AMBy Stan Jones / October 12, 2017Comment
Whether you're thinking of selling now or later, it's worth while to know What's The Real Estate Market Like In Dacula, GA.
Today's real estate market is still going strong! Homes for sale in 30019 are still selling strong! Even with all the positve news it's worth looking at a couple of real estate statistics though. Let's dive into Dacula Real Estate.
Dacula Market Report
Dacula Sales Volume
Sales in September 2016 compared to Sales in September 2017 show a few changes. Sales Volume September 2016 was $20,292,373 and September 2017 was $21,901,391. That's increase in sales volume. With this, however, number of homes for sale in Dacula went down from 80 sales in 2016 to 77 sales in 2017. This is the first decline in number of sales in September in the past five years.
Total days of market also increased from 43 days on market September 2016 to 50 days on market September 2017. Although 50 days on market shows a very healthy market and sales turnaround it is something to take note that number of days on market has increased.
Posted by Stan Jones on Thursday, April 20, 2017 at 1:15 PMBy Stan Jones / April 20, 2017Comment
The market is HOT and the Stan Jones Team has sold many homes this month!
Our agents are working closely with our clients to make sure they receive the satisfaction they deserve. Whether it be listing appointments, showing appointments, or hosting an open house, our agents do what it takes to serve each client well. Our focus is to help educate and offer resources to our clients and community. We understand that purchasing a home can be very difficult and stressful at times. By choosing to list with The Stan Jones Team, Your agent will do their best to guide and advise you to meet your every possible need you may have, and grant you their input by helping educate you, increasing your awareness for every circumstance, and also answering any questions or concerns you may have in relation to selling your home. Contact us today and lets get your home sold! For information on our current listings, visit our home page. Homes are flying off the market quick, so call us! We look forward to Serving You Home.
Posted by Stan Jones on Friday, February 10, 2017 at 6:31 PMBy Stan Jones / February 10, 2017Comment
A recent study of more than 7 million home sales over the past four years revealed that the season in which a home is listed may be able to shed some light on the likelihood that the home will sell for more than asking price, as well as how quickly the sale will close.
It’s no surprise that listing a home for sale during the spring saw the largest return, as the spring is traditionally the busiest month for real estate. What is surprising, though, is that listing during the winter came in second!
“Among spring listings, 18.7 percent of homes fetched above asking, with winter listings not far behind at 17.5 percent. While 48.0 percent of homes listed in spring sold within 30 days, 46.2 percent of homes in winter did the same.”
The study goes on to say that:
“Buyers [in the winter] often need to move, so they’re much less likely to make a lowball offer and they’ll often want to close quickly — two things that can make the sale much smoother.”
If you are debating listing your home for sale within the next 6 months, keep in mind that the spring is when most other homeowners will decide to list their homes as well. Listing your home this winter will ensure that you have the best exposure to the serious buyers who are out looking now!
The study used the astronomical seasons to determine which season the listing date fell into (Winter: Dec. 21 – Mar. 20; Spring: Mar. 21 – June 20; Summer: June 21...
I pull this list out every year, as it's a good reminder. There are good reasons to go ahead and put your home on the market in Atlanta, rather than waiting until the dreary January. So...Here are the Top 10 Reasons to List Your Home During the Holidays...
1. People who look at property during the holidays are serious buyers and are more ready to make a decision.
2. Serious buyers usually have fewer houses to choose from during the holidays, so the property has less competition.
3. Houses “show better” when tastefully decorated for the holidays with the wonderful lights and festive colors associated with the season. So much so, that you'll see families drive through neighborhoods like Hamilton Mill to see the lights.
4. Buyers are more emotional during the holidays and often base their decision on the warmth and good feelings they receive when viewing the home.
5. Buyers have more time to look for a house during the holidays because they have designated time off from work to purchase a home.
6. Many people want to buy before the end of the year for financial and tax reasons.
7. January is traditionally the month for transfers. Transferees can’t wait until the spring to buy. These buyers need a home now and houses must be on the market to capture these buyers.
8. Sellers can restrict showings during personal family events and still take advantage of their homes being spruced up and decorated “show ready” property.
9. Sellers can sell now – but specify a...