Charlotte Real Estate Blog

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I  think that now is a great time to buy new construction...especially if Charlotte, NC and especially above $300,000.  Builders are really offering some great incentives and closing cost money.  Some builders are coming way off of their list price and it is important to know how motivated each builder is individually. 

It is hard to take your clients into a model home at many communities.  Some onsite agents will act like the house you will buy will look exactly like the model.  It is very important that you get a list of upgrades for you clients along with the exact price of each upgrade.  Take your clients to an inventory home and let them see what they will actually get for that price and be sure to point out the upgrades that were or were not added to the home. 

You will learn more about how much upgrades cost in case you get asked in the future, it will help you gain the trust of your clients and it will ensure that the clients are happy once they move in and realize that they were properly guided through the entire transaction.

Remember RED PENGUIN....with the internet, buyers can do a lot of the research themselves.  They need the guidance of a prof. to ask all of the questions to the builders to make sure that the home they want is the home they will get.

Brandon Farmer

So I spent most of the day driving in the rain, previewing properties for clients that are flying in from NH.  (I sure hope they too believe in the "Live free or die" slogan)  I have received so much feedback just for being the lucky person with the 1,000,000th blog and I have had to explain to many what a blog actually is.  I am not sure I did a great job explaining this because I am so new to it myself that I am not sure why the idea of a blog was actually formed.  My guess is that it is the easiest way for us to share information and ideas. 

I did observe something today that I would like to share.  While previewing homes in new communities I took notice of the way the on-site agents represented their builders.  Only one agent actually stood out as being enthusiastic about being at her job.  She mentioned that her community was receiving a good amount of traffic and that about 75% of the buyers were coming to the community with realtors.  The other on-site agents seemed burnt out.  They obviously weren't seeing the traffic that they had hoped to see this spring, and I hope their attitudes change before they come face to face with my clients. 

This all comes back to ActiveRain and how it can keep our attitudes positive.  There are thousands of stories here about meeting new prospective buyers and sellers.  The information that is spread through blogs should really help to keep us motivated and on top of our game. 

I know that every real estate market is different, and in Charlotte the market is totally different neighborhood to neighborhood.  There are more sellers than ever...but many are scared to spend too much money and time on overpriced listings.  Being a young realtor I have had most of my success with buyers.  There couldn't be a better time for first time home buyers. 

Water boils at 212 degrees F. and most of the on-site agents were luke warm.  This is no doubt a tough real estate market but it will take the extra effort to get the results that they are hoping for. 

Help me become a better blogger.  I am appreciative of any feedback or tips that you have for me.

Brandon Farmer 

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Population continues to grow. Charlotte continues to lead the nation with in-migration of young, educated workers.

» 2008 saw more than 11,000 new residential units added.

» Nonresidential construction is running 20 percent above 2007, which is on target to surpass $2.1 billion as an all time record.

» More construction cranes are in Charlotte's skyline than ever before.

» Cost of living in Charlotte continues to be nearly 7 percent below the national average. Construction cost is 20 percent below the nation's.

» Charlotte continues to have the second strongest housing market in the nation.

» Air passenger enplanements at Charlotte Douglas International Airport are 5 percent above 2007's record year, which is on target to surpass 17 million passengers. International passengers are up nearly 8 percent.

» Charlotte continues to be the nation's second largest banking center with $3.3 trillion in headquartered assets.

» Charlotte continues to add jobs and business investment. In 2008, 1,337 businesses added 12,165 new jobs and invested over $2.3 billion in a record 27.6 million square feet of new facilities.

» New business prospects continue to consider Charlotte for new facilities. Each week on average ten new companies seek information from our staff and four visit the city for a closer look.

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www.showcasecharlotte.com

Information provided by: Charlotte Chamber of Commerce
www.charlottechamber.com