Atlanta Real Estate Podcast with Melida Potts of Potts Realty
26 episodes - English - Latest episode: over 4 years ago - ★★★★★ - 1 ratingIf you are looking to buy or sell a home, get all the information and the latest updates, tips, and tricks from Melida Potts- your professional Atlanta Real Estate Agents.
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Episodes
Can You Still Sell Your Home in the Winter?
November 18, 2019 15:51You missed the chance to sell in the spring and summer markets, but is it too late to sell in the winter? Find out today. If you missed your shot at selling your home in the spring and summer markets, can you still sell in the winter? Here’s what the numbers say: This time of year, we do have a lot fewer homes for sale. I don’t have a crystal ball for this coming winter, but in the past, we’ve had up to 50% fewer homes on the market in the winter than in other seasons. This means you’ll h...
You know you live in Atlanta when….
October 29, 2019 18:28Friends, Clients, and Fellow ATLiens: Today I’d like to take a break from real estate to talk about something only us Atlantans will understand. Whether you’re an Atlanta native or a transplant to the city, you know the A is one of a kind. But, between us ATLiens, not everything about living here is so “peachy.” By now, you’ve probably figured out that I’m talking about our traffic. Because, let’s be honest: If there’s anything Atlantans love to hate, it’s the fact that rush “hour” last...
Balancing Your Home’s Price & Your Agent’s Commission
October 03, 2019 19:56What is the right price for your home, and what is a fair commission? We’ll discuss both questions today. Many sellers come to me saying that they want to find an agent who will help them sell their home for a high price at a low commission. Obviously, no one wants to sell their home for a low price and pay a high commission! Here’s the issue, though: An agent or company that is willing to put homes on the market for low commission at any price doesn’t really intend to sell your property;...
How Does the Internet Help You Price Your Home?
September 19, 2019 19:00 VideoHow does the internet help you price your home? Find out today. I’m often asked by clients how the internet can help them price their home. This also begs the question of what a good pricing strategy looks like. The internet today has all of the information you could possibly want. In fact, you might say there’s an overabundance of information. What’s the trick to sorting through all of it to find the right information you need? Well, you could check tax records, which will tell you that...
Should You Buy New Construction?
September 04, 2019 19:40 VideoIf you’re thinking about buying a brand-new home, I’ve got some great advice for you today. Here’s what you need to know about your options. If you’re debating whether or not you should buy a new construction home, I’ve got some advice to share with you today about the two options you’ll have to decide between. One option is to buy your own land and hire your own builder to build the house you really want. You’ll end up with exactly what you want, but there are some things you should be c...
Which Is Better: Overpricing or Underpricing?
August 26, 2019 18:37 VideoPricing a home is tricky, but does it make more sense to price the home for more or less than its worth? The answer may surprise you. If you’re a home seller, you might be wondering whether it’s better to overprice or underprice your home. Of course, neither is better. The best strategy is to price it just right. However, sometimes the market isn’t very clear and we end up doing one or the other. I would say that it’s probably more dangerous to overprice because it will result in the hou...
Should You Sell Your Home or Rent It Out?
July 29, 2019 18:19Should you rent or sell your home? There are three questions that you should ask yourself to help you decide. Lately, I’ve had a lot of folks asking me if they should rent their house out or sell it. The truth is that we can help you with either option, but here are some broad guidelines to help you make that decision: Which would you prefer? Which option is better for you, your family, your portfolio, and your long-term investment possibilities? If your house is under the $250,000 price...
Has the Atlanta Real Estate Market Slowed Down?
July 22, 2019 21:07 VideoHas the Atlanta market slowed down? Find out what’s going on right here. Has the Atlanta market slowed down? Find out what’s going on right here. Today’s topic has been on a lot of people’s minds: Has the Atlanta market slowed down? Today, I’ll share what the numbers have to say: The number of sales is down, even for the season. However, home prices are still up. The supply of inventory is still the same. Typically, for the market to have slowed, there must have been fewer sales, wi...
Can You Sell Your Home Online?
June 25, 2019 20:38Can you sell your home through the internet? Today I’ll explore this question. This question is asked fairly frequently, and my answer is yes! We already use the internet to sell homes. Your real estate expert should be marketing your home through various online platforms. However, when people ask me that question, they often mean something a little different—they’re really trying to ask, “Can I sell my home through the internet and pay a lower commission?” Well, when it comes to onlin...
What Do the Numbers Say About Our Atlanta Market?
May 29, 2019 19:40 VideoIf our average home price is any indication, our Atlanta market is very strong right now. What’s been happening in our Atlanta real estate market over the last couple months? There are two numbers that tell the tale: $240,000 and $259,000 The first is what the average home price was on January 1 of 2019. The second is what the average price was as of yesterday. This discrepancy means that we’re seeing more homes in the higher price ranges sell now than we did at the beginning of the year....
What the Numbers Tell Us About Our North Atlanta Market
April 02, 2019 18:21 VideoThe numbers tell us that our market is slowing down, but they don’t tell the whole story. What’s going on in our North Atlanta real estate market? Let’s look at a few year-over-year statistics from this last quarter. The number of home sales at the beginning of this year was down 8%—however, the ratio of homes that are actually selling versus what’s currently on the market is looking great The average sales price rose from $281,000 to $298,000 The number of units for sale rose from ...
What You Need to Know to Sell Your Home This Spring
March 29, 2019 20:46 VideoIf you’re looking to sell your home this spring, there are a few things you need to know about the spring selling season. Spring is a great time to sell your home, but it’s not without its share of drawbacks that you need to be aware of. There are three, in particular, you should know before starting the home sale process: 1. It’s more competitive. There are a lot more homes on the market, so the earlier you can list yours, the better. 2. There are more buyers out and about, which me...
What’s Going On In Our Marketplace?
February 22, 2019 22:28 VideoToday I’ll address what’s happening in our market currently and what that means for home sellers. The big question I’ve been hearing is, “What is the outlook for our market? What going to happen in 2019?” Here are some of my thoughts about the market for you to consider: 1. Interest rates are still amazingly low. When I bought my houses, interest rates were at 12.75%, which really puts into perspective how great our current 5% rate actually is. Compared to last year, however, rates are ...
A Few Thoughts About the Best Time to Buy or Sell
February 22, 2019 22:19 VideoSpring isn’t necessarily the best time for you to sell your home. Here are three additional factors to consider. Here’s a question that I get a lot: Now that it’s winter, when is the best time to sell my house? Here are three thoughts for you that will help answer the question: 1. The spring has a lot more activity. There are more houses for sale in the spring, as well as more buyers. However, it doesn’t necessarily mean higher prices for you. Winter sales have a lot fewer houses, but ...
How to Avoid Carrying 2 Mortgages
January 14, 2019 21:57Don’t get trapped paying two mortgages! Here’s what you can do to avoid that situation. If you want to buy another home, what should you do with the one you already have? You definitely don’t want to be stuck paying two mortgages (not to mention taxes, insurance, and utilities for each), so there are a couple of options you have. You can rent one of the properties; some of that income will count toward your new mortgage. If you don’t want to rent, you can simply sell the property. So...
Which Houses Are Selling the Most?
January 14, 2019 21:49 - 14.5 MB VideoTo answer the question of which homes are selling the most, we first need to look at who’s buying. Millennials now make up 45% of homebuyers. This means entry-level homes are moving quickly. If your home falls in a category that millennials can afford, you’ll find yourself in the perfect market when you decide to sell. Generation Xers make up 37% of buyers, and they’re buying in the $400,000 to $500,000 range. Baby boomers are still 17% of the homebuyers in our market—this generation h...
The Value-Boosting Qualities of a Home
December 27, 2018 20:44What are the characteristics of a home that will really increase its value? Today I’ll discuss. There are several qualities of a home that will increase its market value when it comes time to sell: 1. Being located in a cul-de-sac. 2. Being located on or near a golf course. 3. Access to great mountain views. 4. A view of the lake. As you can see in the video above, I’m coming to you today from a beautiful lake home with four bedrooms, a full basement, a new kitchen, and a fantastic v...
The Truth About Decorating Your Holiday Listing
November 19, 2018 22:49Today, we’ll get to the bottom of whether decorating your holiday listing is necessary. Recently, we discussed the question: “Should sellers list during the holidays?” If you checked out that message, you’ll remember that the answer was yes. Now that that’s sorted out, though, the next question sellers must consider is, “Should I decorate?” Those looking to list over the holiday season might worry that the extra decor will make their listing look and feel too cramped. So, what should...
The Truth About Listing Over the Holidays
November 19, 2018 22:44Today, we’ll highlight the three main benefits sellers can enjoy by listing this holiday season. With the holiday season just around the corner, many are wondering whether there’s still time to sell. Is listing over the holidays a good idea? Actually, yes, and there are three reasons why: 1. Less inventory. People assume the market takes a turn for the worse over the holidays. However, this isn’t the case. Those who are able to look past the rumors will find that listing over the hol...
3 Reasons to List Your Home During the Fall or Winter
October 19, 2018 17:00 VideoThough spring and summer are often considered ideal times to sell, the fall and winter months carry three unique advantages of their own. Many people believe the fall and winter months to be a poor time to list. However, this is certainly not the case. These later seasons actually hold several unique opportunities for sellers, and today we’ll highlight three such benefits: There is less competition. Given that fewer sellers choose to list during these months, those who do will face a...
Why You May Want to Sell Now
October 15, 2018 22:11If you’ve been thinking of listing, there are three reasons why now is an ideal time to do so. If you’re thinking of selling in the next year or so, right now may be the ideal time to make that move. Why? There are three key reasons: 1. Interest rates are at a seven-year high. As rates continue to climb, homes become less and less affordable. This discourages buyers from entering the market, which is bad news for anyone looking to list. In other words, it may be smart to put your home ...
Tips to Help You Prepare Your Home to Sell This Fall
August 29, 2018 20:56Earning top dollar from your fall home sale means following these important tips. If you’re preparing to put your home on the market this fall, there are a couple of important steps you need to take in order to earn top dollar for it. First, don’t make your home look like it’s still spring outside. In other words, use the fall foliage—it works just fine for a fall sale. Fall foliage works just fine for a fall sale. Inside, make sure the home’s paint and flooring look nice and crisp. To...
Why Fall Is Still a Great Time to Sell Your Home
August 27, 2018 21:32Fall is still a great time to sell your home, and there are a couple reasons why. If you’ve made all the necessary improvements to your home but you think you can’t get it sold because you missed the summer selling season, don’t worry. The fall is also a great time to sell your home. " In the fall, there are still lots of sales. " Lots of sales happen during the fall, and by listing it during this time, you won’t have to deal with as many showings and you’ll face less competition. I c...
How Is Our Summer Market in North Atlanta Doing?
July 10, 2018 21:44What is happening in our North Atlanta real estate market? Let’s take a look at three key factors. What is going on in the market? For one thing, interest rates are on the rise and are now sitting at between 4.5% to 4.8%. Yet, historically speaking, these rates are still very low. When I started working in real estate back in 1985, my first deal had an interest rate of 14.75%. Additionally, inventory is still low and prices remain high, as well. Those who are thinking of selling shou...
What's It Like to Sell in the Summer?
July 10, 2018 19:39 VideoWhat should sellers know about listing in the seller months? There are three main points to focus on. The summer is here and things are certainly hot here in Atlanta, including our market. Sellers are currently in a favorable position, so, with that said, what must be done to take advantage of these conditions? There are three factors to consider when selling your home in the summer: 1. There is less activity. It may sound counterintuitive, but a smaller pool of buyers can actually be ...
This 3-Point Checklist Will Tell Us If We Are in a Bubble
June 14, 2018 15:26Are we in a housing bubble? There are three indicators we must look to when considering this question. Today I would like to focus on a question I am asked all the time, which is: “Are we in a housing bubble?” The important thing is that you, the seller, are able to accept an offer that fulfills your wants and needs. There are actually at least three requirements that must be met for a housing bubble to occur: 1. There must be low inventory. As you have likely noticed, this is a factor...