It’s Open House today in Fayette as Realtors show off homes for sale

It’s Open House today in Fayette as Realtors show off homes for sale

Scores of members from the Fayette County Board of Realtors welcome the community into a variety of open houses today as a part of the Realtor Nationwide Open House Weekend event.

“We hope that the public takes this opportunity to explore their local market, whether they’re in the market for a new home, looking to buy a home in the next year, or just curious to see what’s on the market,” said board President Patty Tarver. “There will be no high pressure sales tactics, just open dialogue between consumers and Realtors.”

Blue Realtor “R” balloons will indicate which homes are participating in the Open House Weekend. There will be a Realtor on duty inside the home to answer consumers’ questions about that particular home and the details of buying and selling a home in this market.

To find an open house in the Fayette County and surrounding areas, look for the two-page ad in this week’s issue of The Citizen newspaper, online at www.thecitizen.com and the Fayette County Board of Realtors website, www.FayetteREALTORS.com.

“We encourage people to visit the MLS site and map out the houses that they wish to visit,” said Tarver. “Since there are so many open houses planned, you can easily make a day of it.”

The Open House Weekend is two weeks before the April 30 deadline for the homebuyer tax credit. Buyers must have a home under contract by April 30 and close within 60 days in order to receive the federal tax credits.

First-time homebuyers can receive up to $8,000 in tax credits, and other buyers may be qualified to receive up to $6,500 in tax credits. Consumers can learn more about buying and selling a home at www.openhousegeorgia.org.

The Fayette County Board of Realtors is a voluntary professional association of approximately 500 licensed real estate brokers and salespersons engaged in all aspects of the real estate business throughout the county and surrounding areas.

FCBR is the local advocate for the real estate industry in Fayette county, committed to protecting private property rights and free enterprise, maintaining ethical and professional standards, and enhancing the public’s awareness and confidence in Realtors.

PTC Observer
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Joined: 04/23/2007
Real Estate

The problem is no one has money and the banks aren't lending, other than that........

mudcat
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Prudential real estate

Everyone knows these open house just make the Realtors feel better about themselves in a terrible market. It is usually done just for show for the homeowner in an attempt to keep the listing so the Realtor can get calls to sell other property.

Prudential failed the credibility test yesterday. First listing was not opened until an hour after advertised and another was not opened at all on Saturday.

And Coldwell Banker, please tell your homeowners to leave the house during an open house instead of hovering. Big time turn off. Fairly nice house, but we left quickly without seeing the whole thing.

Bonkers
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mud: wait a minute?

You of course are correct about the open house parties about boosting morale and gaining business.
As to some owners leaving home for a showing, that is impossible. They could no more do that than fly! They should however make themselves scarce.

Didn't know you were looking for a new home! Maybe an investment?

The biggest problem of the Realtor organizations is that they have far too many agents. I know training agents is profitable but none of them hardly can make it worth their while in this area.
Personally I would have gone nuts thumping around three months or more to sell maybe one house.
The realtor is the money maker, not the agents.

Robert W. Morgan
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Training agents

Training agents is marginally profitable and it is only a one-time thing for about $300. The real money maker would be the monthly fees the agents pay to the companies. If you have 80 or 90 agents paying $60 or $70 per month, your rent and utilities are paid for before you sell the first house. Re/Max has made a science out of this and they charge a lot more than all the others.

Monthly fees to real estate companies are the equivalent of overdraft fees for banks - great source of recession-proof revenue - at least in the bank's case.

Too many Realtors? Gee, ya think so? But another year or two of this economy and the herd will be thinned to the level that is reasonable. Peachtree City, for example has 10,000 houses and a 12% turnover rate and therefore only needs about 100 agents scattered among 3 companies, if you just want serious, qualified full-timers earning a decent amount of money each year. Wonder how many we actually have?

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