Real Estate
Why is @GaryVee (Gary Vaynerchuck) ?
Gary Vaynerchuk is an entrepreneur. He built a $70 million dollar wine mail order business from his family’s $3 million dollar liquor store. He did this using a daily internet show, and Twitter. The story of this exploit is told in a New York Times’ Bestseller Crush It. Crush It is a great read, as…
Read More7 Home Selling Secrets Your Real Estate Agent May Not Tell You
Seven home selling secrets that your real estate agent may not share with you are as follows: 1. Open Houses Work. The half truth is that your house will probably not sell to a person that comes to your open house. What is true is that your house will most likely get an offer soon…
Read MoreChattanooga real estate is up in 2013 But this is not 2006
The number of Chattanooga home sales increased almost 12% in the last 45 days compared to the same 45 days in 2012. Optimism always abounds in the mind of a real estate agent. I am chief among optimists. It is true that the number of home sales are increasing in Hamilton County, TN. While the…
Read MoreCAP Rate for Commercial Real Estate Investor
CAP Rate provides a measure of ability for an income property to return an initial investment. CAP Rate is calculated by dividing the NOI (Net Operating Income) by the Value (Or Sales Price). The lower percentage CAP rates like 6% to 8% are usually assigned to lower risk investments with long term lease agreements and…
Read MoreChattanooga New Home Sales at Brock Pointe Neighborhood
New homes are selling in Chattanooga in neighborhoods such as Brock Pointe. Brock Pointe subdivision started in the early 1990s. Lots are still being sold and built on in 2013. Thirteen homes have sold since January 1, 2012. The lowest price was $235,000 and the highest price was $341,900. The dividing line for East Hamilton…
Read MoreCummings Cove and Black Creek Mountain 2012 Home Sales Report
Cummings Cove and Black Creek Mountain continue to provide home owners with good value. The primary amenities of proximity to downtown Chattanooga, peaceful surroundings, golf, tennis, and passive amenities like walking trails give this community a unique draw. 12 Single family homes in the original Cummings Cove sold in 2012. The lowest price was $315,000…
Read MoreValley Brook town home offers great value!
1291 Village Green Drive offers great value for someone needing low monthly costs with enough space to handle visiting family members. This 3 bedroom, 2 bathroom home offers over 2,000 square feet of space. The master bedroom is on the main level. There are gas logs in the fireplace that has a real flue, if…
Read MoreChattanooga Home Sales Up 16% Over 2011
The Chattanooga residential market is up in 2012 over 2011. The number of home sales reflects a 16% increase so far this year to date compared to same period last year. What is interesting is that lower priced homes did not increase in sales as much as the higher priced homes. The number of homes…
Read MoreRealtor Old School Goes New School SocialMedia in Chattanooga
Old school real estate agent, Marilyn Jennings, from Calgary taught classes in Chattanooga in the 80s and 90s while on her way to her winter home in Florida. Her marketing campaign existed of door knocking in the winter just before her trip South. Door knocking in the snow showed her sellers that she was willing…
Read MoreTwitter for Real Estate Agents – Keep it Real
Twitter? Really? I am a busy (49 year old) real estate agent who happens to not need “yet another thing” to complicate my life. Twitter seems to be a plaything for kids. Yes, and kids are buying and selling real estate. Soo, old timer suck it up and represent yourself on Twitter because it is…
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