Cindy Komar was one of 20 Top Producers invited by Peachtree Residential Properties to an agent roundtable luncheon last week. About 14 agents participated with Peachtree's senior management team - their CEO, COO, and President.

They held an open discussion on the trends and general topics that are impacting the challenging and shifting residential real estate market for the past 22 months in the greater Atlanta area. Specifically, they wanted input on what features are most important to Buyers, market pricing, community amentities, and new "spec" homes versus resales.

It was a productive meeting for their executives and easy for Cindy to participate - The Komar Team spends 3-5 hours daily 6 days a week on Buyer lead generation activities, and they analyze sales data every 2 weeks in each FMLS area for their 60 plus listing clients.

The Peachtree execs added value to the agents as well. They insist that Buyers see and feel ENERGY when they visit one of the Peachtree Residential new home communities! They also understand the key market dynamics, and recognize Buyer needs to get a "deal" espcially due to Buyers losing money on the home they just sold.

Kudos to the Peachtree Residential executive team for taking the initiative to host this informative event!

Note - Cindy Komar has sold 6 Peachtree Residential homes since 2003, so she has experience with their communities, quality construction, and warranties.

Cindy Komar
The Komar Team
www.thekomarteam.com
770.235.9032

Every 2 weeks The Komar Team researches and prepares several market analysis for its listing clients. In addition to their respective neighborhood, our Sellers receive an expanded analysis for their FMLS area. The number of homes that went under contract are listed in each $100K price point, and the sub-divisions are specified. Homes that closed during that 2 week period show list price, net sold price, % price sold to list price, and the neighborhood. For both closed transactions and homes under contract, short sales/foreclosures are noted.

For the period May 16-31, 34 homes went under contract in FMLS area #222, which is Forsyth County on the West/North side of GA 400. 9 of the 34 (26%) were distressed.
31 of the 34 homes under contract are listed at prices less than $400,000.

During this same time period there were 21 closings in FMLS #222 and 6 were short sales or foreclosures. Overall, these homes closed for an average of 83% of their list price. 18 of the 21 closings sold for less than $300,000.

So, why do we analyze the market to this extent? With a listing portfolio of nearly 60 homes, Cindy Komar and her Team strives to help our Sellers achieve a competitive advantage in this changing market, so they can price their home competitively and generate an offer ahead of other homes in their neighborhood. With fewer qualified Buyers, homes priced at or BELOW market stand a better chance to produce an offer!

Our next BLOG will rationalize why homes generally priced less than $400,000 are seeing the most traffic and offers. Look for that soon!

The Komar Team
www.thekomarteam.com
770.235.9032

On Monday June 1 The Komar Team of Keller Williams Realty, Community Partners, Cumming, GA, will open a Sales Office in the heart of Vickery and Vickery Village, to market 10 condos and townhomes plus one single-family home in Vickery!

These 11 properties are new construction, bank-owned, and will be sold AS IS. The units have 2 or 3 bedrooms and 2.5 to 3.5 bathrooms. They are located in the "J" complex (Clarion and Odell Streets) and on Bond Street adjacent to the bank building. Each will be shown "by appointment only" so interested buyers should stop into the Sales Office anytime between 12 noon and 5:00 pm 6 days a week (closed on Tuesdays). The Sales Office is located at 5813 Clarion Street, in the center of Vickery Village, upper level.

Other news! Annette Hodges and Jennifer Anderson have joined Cindy's Team! Both agents are experienced and have represented new homes in Westbrook and Vickery in the past.

Cindy Komar may be reached at 770.235.9032 or ckomar@thekomarteam.com. View our web site at www.thekomarteam.com.