Sharon Kay Turner Realty

Buy Multi-Units

admin — Mon, 02 Mar 2009 15:04:34 +0000

If you have the credit score.

If you have the patience.

If you have the (healthy) down payment.

You should make your next home a multi unit. Here are four reasons why:

1. They can pay for themselves with the rents of the other tenants.

2. Adult children are coming back home, and leaving home later. Instead of sharing bathrooms and kitchens in large single family homes, multi units allow everyone to have their own personal space.

3. If there are 4 or less units you can still qualify with a conventional, FHA, or VA loan.

4. You get to pick your next door neighbor(s).

Broderick Turner

Partner, Sharon Kay Turner Realty, LLC

404 254 6992

Tri-Cities Market Analysis, February

admin — Mon, 02 Mar 2009 14:53:02 +0000

The following analysis is for single family homes in East Point, College Park, and Hapeville.

Month: February 2009

Number of Homes Sold: 64

Average Number of Bedrooms: 3.4

Average List Price of Sold Homes: $74,000

Average Sale Price of Sold Homes: $68,000

% of homes listed that sold: 39%

Average time on market for sold homes: 114 days

What does this mean: One word. Forclosures. The tri-cities area was hit hard by the economic downturn. As the commuters to Atlanta lost their jobs, and the airport cut back, many people in the area lost their homes.

We have an area plagued by bank-owned properties and auction listings. I do not expect prices to rebound in the next month. There are a good number of investors and bargain hunters in the area who are ONLY looking for foreclosed property and distressed for sale by owners.

There are still, however, first time buyers who are looking for homes that don’t need the work normally associated with foreclosed properties. It’s just a matter of good marketing and working with a firm like ours or any of our competitors. Real Estate agencies are here for you. And thankfully, there were many an unscrupulous agent who was driven out of the market because the lure of the quick buck passed. Companies like mine are in it for the long haul.

Broderick Turner

Partner, Sharon Kay Turner Realty, LLC

404 254 6992

East Point is AWESOME

admin — Wed, 04 Feb 2009 23:47:23 +0000

East Point, GA (30344) is not cool. East point will never be trendy. At best East Point will always be the next, next hot neighborhood of Atlanta. That, my friends, is a good thing. East Point is steady. It is growing. And, like the title of the post says, it is AWESOME.

Here are a few reasons you should consider making East Point as your next home:East Point has its own utilities. While Atlanta’s water and gas and electric are run by Georgia Power (and other cronies) that gouge their customers and raise prices with no notice, East Point’s utilities are autonomous. They have a better control of rates, and your electric bill will be 10-15% less expensive on average than Atlanta.

East Point Police Department kicks butt. EPD responds promptly. They treat residents with respect, and there are not a lot of speed traps (Note: Do not run the stop signs behind the Camp Creek Market Place. You will get pulled over.).

There are plenty of grocery stores. The distance to the nearest grocery store is one of the most important factors when choosing a home. Although you will not find a whole foods, East Point his home to a Publix, Wayfield Food, Multiple Discount Groceries,and a Piggly Wiggly.

East Point has an ideal location. We all know that Atlanta’s traffic sucks. East Point’s location, however, is perfect. 10 minutes to the Airport. 12 minutes to downtown. Inside 285. And a Marta Station.

East Point has eclectic soul. What East Point lacks in “coolness” it makes up with authenticity. Where else in Atlanta can you find a world renowned raw food restaurant, a soul food joint, a great brunch place, $5 pitchers of booze, A tattoo shop, NY style pizza, and a pool hall within 1 block? Answer, no where but East Point.

And East Point has houses and offices in every price range.

Call me today at 415.574.6464. We can talk about “Da Point”

Love,

Broderick Turner

Agent/ Blogger @ Sharon Kay Turner Realty

415.574.6464

Mother Son Real Estate Teams

admin — Wed, 04 Feb 2009 23:21:10 +0000

There was a great article in today’s San Francisco Chronicle, that details a mother-son real estate team in the Bay Area. CLICK HERE TO READ THE ARTICLE.

There story mirrors that of my mother Sharon, and myself.

Sharon has been a broker for more than 18 years. Before I started Emory she dropped the hint about the real estate broker. On more than one occasion I got “gifts”; books on real estate. It took a while but I finally listened. We are going to make a fortune in Real Estate by combining my mom’s street smarts and experience, with my love of marketing, technology, and Turner tenacity.

Thank you mom for being patient.

Love,

Broderick Turner

Agent/ Blogger @ Sharon Kay Turner Realty

415.574.6464

Boarded Up Homes Solution

admin — Wed, 04 Feb 2009 23:11:35 +0000

Boarded up houses are ugly.

They bring down property values of neighboring properties.

And did I mention, they are ugly?

I’ve been thinking of ways to combat this growing problem. Below is one solution. I call it UNBOARDED. I would love your feedback.

Unboarded, By Sharon Kay Turner Realty

View more presentations from BroderickTurner. (tags: boarded up)

Love,

Broderick Turner

Agent/ Blogger @ Sharon Kay Turner Realty

415.574.6464

Taking good advice, from Seth Godin

admin — Tue, 03 Feb 2009 20:58:21 +0000

I read this post recently from Seth Godin. CLICK HERE.

He has advice for real estate agents: Quit.

If you decide to stay in real estate then you need to be the best in your niche.

Our niche at Sharon Kay Turner Realty is the tri-cities. College Park. East Point. Hapeville. 30344.30343.30342. No one will beat us here. Our goal by the end of the year is to be the number #1 listing in google for the terms “East Point”, “College Park”, and “Hapeville”.

I’ll keep you updated.

Love,

Broderick Turner

Agent/Blogger @ Sharon Kay Turner Realty

415 574 6464

What’s wrong with these listings in 30344

admin — Tue, 03 Feb 2009 20:53:28 +0000

Readers,

I was doing my daily MLS diligence and I noticed a couple of listings…

Can you tell me what’s wrong with them? (answer after the jump)

Listing 1

$244,000
MLS No. 2600852
1938 E. FARRIS AVENUE
EAST POINT, 30344

Listing 2

$169,900
MLS No. 2453579
2603 GRAYWALL ST
EAST POINT, 30344

Listing 3

$169,000
MLS No. 2547308
2214 PLANTATION DR
EAST POINT, 30344

So what’s wrong with these listings?

The Answer: NO PICTURES!!!

Pictures sell real estate. Having a home listed that sells for more than $150K without a picture is wrong. I am not going to blame the home owner. But the broker should know better. Just to show you we mean business at Sharon Kay Turner Realty I am going to show these home owners what their listing could look like. I have a digital camera in hand. Stay tuned. This could get interesting.

Love,

Broderick Turner

Agent/Blogger @ Sharon Kay Turner Realty

415.574.6464

Add me on Twitter

admin — Tue, 03 Feb 2009 20:42:50 +0000

www.twitter.com/broderickturner

BAM!

IF, A great poem for today’s market

admin — Tue, 03 Feb 2009 20:15:54 +0000

When i joined my fraternity in 2001 I learned a poem that has stuck with me for the last 8 years. Rudyard Kipling’s IF is about character and living a proud full life. It is very appropriate for today’s times, especially the real estate market.

The line that hits the hardest is; “If you can meet with triumph and disaster, and treat those two impostors just the dame.” Between 2002 and 2007 people, who had no business in the real estate business, made A LOT of money simply taking orders and processing transactions.

A lot of people also made money with shady dealing and mortgage fraud.

People also drunk the hubris that their houses were worth more than they were. We built very concrete lives on very imaginary value.

And now that the bottom has fallen out we are running scared.

The truth is, this is not the time for fear. The disaster of today is an impostor just like the triumph of 2005. Real estate will still be a good (long term) investment. There will still be people who become millionaires. None of that has changed. The only thing that has changed is people’s attitude and the ease of obtaining debt (ASIDE: Thank God. Making it easy to get a mortgage, is like making it easy to jump off the Golden Gate Bridge, the world’s number 1 suicide destination. It is not a good idea).

Read IF. Hopefully you get as much out of it as I do.

[IF]

If you can keep your head when all about you
Are losing theirs and blaming it on you,
If you can trust yourself when all men doubt you
But make allowance for their doubting too,
If you can wait and not be tired by waiting,
Or being lied about, don’t deal in lies,
Or being hated, don’t give way to hating,
And yet don’t look too good, nor talk too wise:If you can dream–and not make dreams your master,
If you can think–and not make thoughts your aim;
If you can meet with Triumph and Disaster
And treat those two impostors just the same;
If you can bear to hear the truth you’ve spoken
Twisted by knaves to make a trap for fools,
Or watch the things you gave your life to, broken,
And stoop and build ‘em up with worn-out tools:

If you can make one heap of all your winnings
And risk it all on one turn of pitch-and-toss,
And lose, and start again at your beginnings
And never breath a word about your loss;
If you can force your heart and nerve and sinew
To serve your turn long after they are gone,
And so hold on when there is nothing in you
Except the Will which says to them: “Hold on!”

If you can talk with crowds and keep your virtue,
Or walk with kings–nor lose the common touch,
If neither foes nor loving friends can hurt you;
If all men count with you, but none too much,
If you can fill the unforgiving minute
With sixty seconds’ worth of distance run,
Yours is the Earth and everything that’s in it,
And–which is more–you’ll be a Man, my son!

–Rudyard Kipling
Love,Broderick TurnerAgent/Blogger @ Sharon Kay Turner Realty415.574.6464

Must Watch

admin — Mon, 26 Jan 2009 20:48:55 +0000

CLICK HERE. Awesome video about money and our current economy on PBS.