So you’ve decided to put your house on the market? You must separate yourself from sentimental feelings and price it so that more buyers see it — and notice it. Here’s how. You’re selling your home. Here’s the big question: Should you set the price high, expecting buyers will bargain you down eventually? Or should…
As we are moving into the 3rd quarter of the year, the hospitality industry is still strong in the commercial sector. However, even though the sellers are holding onto pricing of a minimum of four times or more, the gross revenues excluding taxes buyers have slowed down and are being more conscious on paying the price which…
In the twenty-seven some odd years I have been in the commercial real estate business, I have been asked quite frequently how we, in our profession, value property. Things like “How do you value a piece of commercial property?”, “What do you think my property is worth?”, “How do I go about purchasing commercial property?”,…
A recent study showed that consumers spend over 1.2 Million hours each month looking online for apartments. Just as in any other industry, the technology is the way of the future in Apartment Leasing. More and more consumers that are coming through our doors already know exactly what the community has to offer. It is…
Buying a home is one of the most important decisions anyone can make. Most buyers start by “accident” calling from a sign or checking the internet out of curiosity. Since they probably have done little or no homework or don’t know the right questions to ask – this could be a risky experience. Interviewing with…
Commercial Real Estate Trends for 2018 Online Purchases: Over the last decade, American consumers have continued the shift toward online purchases. According to Census.gov, E-commerce sales, in the first quarter of 2018, accounted for 9.3 percent of total sales The new craze of online shopping leaves the commercial real estate market with new opportunities for…
Macon’s newest Starbucks Coffee opened in Lullwater East on Bass Road in September, serving their delicious coffee drinks to great crowds. It is a beautiful store and complements our shopping center very nicely. I would invite you to stop in, if you have not already. The Starbucks Coffee associates are always friendly and, if asked,…
On March 24, 2008 the National Association of Realtors announced that existing home sales in February rose 2.9% over January sales. This ended a seven month string of steady declines and was the first sign that the real estate market might be showing signs of recovery. February 2008 sales were still 23.8% below February 2007…
Our Multifamily Portfolio has continued to grow and prosper in the First Quarter of 2007. Our Property Management team has been very busy creating strategic plans of action for three new apartment communities. Our newly added properties include an A+ development in South Carolina, a 22 year-old asset in Middle Georgia, and 212 units in North…
3 Things You’ll Need to Get a Home Loan Getting a new home loan can seem like an intimidating process. Yes, the process does require a lot of paperwork, but it makes sense considering this is one of the largest financial investments most families make. There are many misconceptions out there when it comes to…
