Looking Out From the Garage

Wayback Wednesday... Is It Time To Sell?

Anglo Saxon Crystal Ball

Two years ago I wrote about whether it was time to sell here in Gwinnett County...  Wow have things changed in the last two years.

Image by spratmackrel via Flickr

The basic logic is the same now, but looking in the rearview mirror, it sure is tough to justify back then.  Of course, back then I didn't know what the last two years would look like.  My crystal ball was a little dirty.

To start with, where I was talking about $2000/mo rent for a $200,000 home, now the home is likely worth $170,000 and the rent would be unlikely to exceed $1500.  Of course there are neighborhoods that command higher rents... they also have stronger sales and support for higher prices.

Anyway, here is the read.

 

from LaneBailey.com

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Unless otherwise noted, all content of this blog is the property of Lane Bailey, ©2012 Lane Bailey. 

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3 comments • Lane Bailey - REALTOR & Car Guy • February 03 2010 08:46AM

Lessons from NHL transport...

Some of the wrapped vans lined up at the secretstaging area For anyone paying attention to my other blog, you already know that I am driving NHL VIPs around during the All-Star festivities here in Atlanta.  I'm picking up players, owners, celebrities and Hall of Fame players.  It's a blast...

But I am learning a few things.  

Here are the links for details about what I have done so far...

Part I

Part II

Enough about that... except for Ken needing to see the Dodge Challenger in Part II...

The folks with the NHL and the transport company have a tough job.  Several months before getting the information like when people are flying into the airport, they have to write a schedule and figure out how many drivers will be needed, and at what time.  So, without knowing when they will need to move people, they have to guess...

And then, when the rubber hits the road, they have to tame a bunch of fans, and send them out to pick people up quickly and efficiently.  We can't be star-struck (THE Wayne Gretsky?), or belligerent (there are players I'd like to see left at the curb...).  Weather?  We have to deal with it.  This game happens in Hockey Markets... the cold in Atlanta is NOT a problem.  

So, how does this relate to real estate?  

At one point we had 15 vehicles lined up at the uber-secret staging area.  We all had assignments we were waiting on... but we didn't know exactly when the people would clear baggage claim.  Because things would change, and people wouldn't be on a flight, or there would be more people (families, etc.) we would have to adjust at the curb. 

We do the same thing.  We are ready and lined up.  We have our properties, and we have our buyers.  But we don't know exactly how things are going to shake out.  We have to adjust.  The market might be strong, or not so strong... but the clients don't care... they just want to get where they are going... without having to put up with a big hassle. 

Oddly, this is giving me a different look at everything I do.  

If you are here in the ATL... and see one of the vehicles, I might be in it.  Alyssa Milano might be in it.  Bobby Hull might be in it.  If either of them are riding with me, I'll let you know on my blog. 

BTW (especially for the real estate agents reading), we can't hand out our cards to our passengers.  But, if you end up in my car, you are welcome to use me if you get traded here... 

Find YOUR Dream HomeWhat's YOUR Home Worth?How's the Market?

Unless otherwise noted, all content of this blog is the property of Lane Bailey, ©2012 Lane Bailey. 

I'd love to hear from you...

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3 comments • Lane Bailey - REALTOR & Car Guy • January 26 2008 01:34PM