The Man & The Satyr, Dual Agency, and How You Avoid a Bad Situation

August 27th, 2015

man and satyr

Aesop’s Fable, The Man & The Satyr

A Man had lost his way in a wood one bitter winter’s night. As he was roaming about, a Satyr came up to him, and finding that he had lost his way, promised to give him a lodging for the night, and guide him out of the forest in the morning. As he went along to the Satyr’s cell, the Man raised both his hands to his mouth and kept on blowing at them. “What do you do that for?” said the Satyr.

“My hands are numb with the cold,” said the Man, “and my breath warms them.”

After this they arrived at the Satyr’s home, and soon the Satyr put a smoking dish of porridge before him. But when the Man raised his spoon to his mouth he began blowing upon it. “And what do you do that for?” said the Satyr.

“The porridge is too hot, and my breath will cool it.”

“Out you go,” said the Satyr. “I will have nought to do with a man who can blow hot and cold with the same breath.”

So, I was reading this famed fable from Aesop to my kids earlier this week before bed, and I was explaining the moral of the story to them, which is that those who talk out of both sides of their mouth can’t be trusted. After a brief discussion with them about what this means, it hit me like a ton of bricks. This is the tale of dual agency in real estate! I think about this stuff way too much y’all, I know. If you’re not familiar with dual agency, it’s essentially when an agent represents both the buyer AND the seller in a transaction.

Matthew 6:24 says, “No one can serve two masters; for either he will hate the one and love the other, or he will be devoted to one and despise the other.” Before we jump to conclusions, I’m not here to compare serving your clients is like serving God, but the point is well taken that you can’t have two masters. In a real estate transaction, you have clear responsibilities and duties, not to mention moral and ethical obligations, to your client, but what happens when you are charged with those same responsibilities and duties on both sides? Yikes! You can be in for a really awkward situation as an agent, but the real people who lose are the clients. The agent gets both sides of the deal so financially they are happy, but neither side gets their fair shake in the transaction. The agent is pulled from one side to the other and never really able to give great advice or prove their worth, and they are getting paid DOUBLE for it. Doesn’t sound like a real win-win, right?

One of the significant advantages of having a buyer specialist team within The Peters Company team is that I don’t have to do dual agency in a transaction. In fact, I won’t do it. The buyer team represents the buyer, and I represent the seller. I love that I am able to avoid those uncomfortable situations, and I love that our clients get what they deserve in strong representation. Yes, I could make more money representing both sides, and I’ve seen it work fine in the past. In fact, most agents try to do it. However, I sleep well knowing I did everything in my power to get the best deal for my client and that I gave them the best advice and representation possible.

If you see a home you want, don’t be fooled into thinking that you can save money without representation by just working through the listing agent. You’re just making that listing agent rich and losing out on representation in one of the largest financial decisions of your life. We don’t talk out of both sides of our mouth. The Peters Company represents industry leading customer service with the highest moral and ethical standards. Let us show you what that looks like. Call us today!

Written by Andy Peters, Listing Specialist

Just Listed :: Beautiful Townhome in Sandy Springs

August 21st, 2015

418 Brookview Circle Flyer front418 Brookview Circle Flyer back

Welcome Home! Brickstone Heights is a wonderful gated community in the popular Sandy Springs   area. The open floor plan, custom features, and charming character of this home will never go out of style. The close proximity to I-285, I-75, and Powers Ferry Road makes virtually all commutes a breeze. You’ll also have easy access to the other highways, byways, and activities that make this location such a well-loved destination. You will enjoy being close to many favorite restaurants and   shopping spots too!

Features:

  • Kitchen features ample cabinet space, granite counters, pantry, breakfast bar, and large breakfast area.
  • Separate dining room is perfect for entertaining.
  • Spacious family room has a soaring ceiling and cozy gas fireplace.
  • Master suite is a true retreat including a trey ceiling, dual closets, and private master bathroom.
  • Master bathroom features double vanities, jetted tub, and separate shower.
  • Additional bedrooms are well sized and bright.
  • Basement provides plenty of additional living and storage space.
  • Garage easily fits two vehicles.
  • Outdoor space includes a large deck that’s ideal for outdoor enjoyment and entertaining.
  • Wonderful community amenities include gated access and a well-maintained pool.
  • Great location convenient to interstates, shopping, and restaurants.

Just Listed :: Renovated Ranch in Ashford Park!

August 14th, 2015

3013 Parkridge Drive NE Flyer Front

3013 Parkridge Drive NE Flyer Back

 

Welcome Home! Located in one of Brookhaven’s most well-loved neighborhoods, Ashford Park, this home is just what you’ve been looking for. The custom features and charming character of this home will never go out of style. The close proximity to Peachtree Road, I-85, and GA400 makes it convenient to and from any direction. Did we also mention that you are only minutes from all of your favorite hot spots at Village Place Brookhaven and Town Brookhaven?

  • Thoughtful touches and custom features  throughout.
  • Renovated kitchen features ample cabinet space, stainless steel appliances, granite countertops, and tumbled stone backsplash
  • Separate dining area is perfect for entertaining guests or casual meals at home.
  • Spacious living room boasts neutral colors and plenty of natural light.
  • Gleaming hardwood floors are carried throughout.
  • Master suite addition is a true retreat including a large walk-in closet and private bathroom.
  • The spa-like master bathroom features a double vanity, jetted tub, and separate shower.
  • Additional bedrooms are well sized and bright.
  • Wonderful outdoor space includes a large deck overlooking the fully fenced backyard.
  • Convenient location close to interstates, restaurants, and shopping.

Call The Peters Company today to see this wonderful home at 3013 Parkridge Drive NE… 404-419-3619!

Congrats to The Peters Company June Metro Atlanta Homebuyers!

August 13th, 2015

 

June 2015 Homebuyer Collage
Congratulations to our June Homebuyers!

Congrats, Crystal on purchasing your very first home in Buford! Your gorgeous new townhouse in Carlton Mill will be the perfect place to settle in from your move from Tennessee! You’re going to love the walkability to shops and restaurants, and being across from the neighborhood pool! Now that you have your house, we know a puppy is next on the list! Thanks for trusting our team! Welcome to Georgia!

Nick and Jane, congratulations on purchasing your adorable Peachtree Hills bungalow! Even though you were in Paris when your house closed, we hope that you felt the happiness all the way from Atlanta! Your move has been over 6 months in the making, and while we know that Nashville will miss you, we’re thrilled for you to call Atlanta your new home! Thanks for sticking with us through a competitive market! You were troopers, and being the winning bid for this home was truly meant to be! Welcome to Atlanta!

Congratulations, Bill and Crista on purchasing your super trendy Midtown townhome! We know that moving (back) to the South from Chicago is a big change, but you’re going to LOVE your location and walking to Piedmont Park! While there are probably too many inside jokes to mention, please know that Jennie LOVED working with you, and despite the ups and downs, everything worked out just as it should for you guys and Iris! Also, a big shout out to Bill’s folks, Jim and Susan, for sending you our way! We’re sure they are glad to have their granddaughter nearby! Congrats, again!

Daniel and Victoria, congrats on your beautiful home in the fantastic Peachtree Corners neighborhood, Amberfield! When the time came to sell and buy, we knew that all of the pieces needed to fall together perfectly, and in the end they did! We may recruit Victoria to our team as a showing assistant, as she was one of funniest people to looks at houses with! We know that Titus is going to love his new home, yard, pool and neighborhood, and we hope that you have many wonderful years there too! Thanks for being great clients and friends! Shout out to Joey and Rebecca for referring us!

Erica and David, you knew exactly what you wanted – a new home in the same neighborhood you were currently living in, Meadowbrook, and in High Point Elementary School. You found a great new construction home with plenty of space for your 3 children and a huge finished basement that David can call his own. Thank you for trusting The Peters Company to list and buy your homes! Nothing like repeat clients! Congratulations on your new home!

Congratulations, Jules on the purchase of your gorgeous mid-century modern home in North DeKalb’s Flair Forest! Finding this rare and stylized home (on a lake!) in the middle of the city was truly incredible. Fun fact :: you may be the only client to buy a home that all three of the buyers specialists have seen! You got the FULL Peters Company experience! We are all envious of your serene views of the lake, and know you will have many years of happiness in your new home. Thanks for trusting in our team. You’re the best!

Dennis and Melanie, we found the ideal location for your family! Walking distance to everything around GA Tech in a lush, gated community! I’m glad you went for move-in ready and ran away from the duplexes and triplexes! So happy we found this hidden gem I know all of you will enjoy, especially that pool! Thank you for trusting The Peters Company for your 3rd transaction with us!

Congratulations, Tobias on your first home purchase in the sleek Spire building in the heart of Midtown! After looking at many styles of condos and buildings we found the perfect match for you here. I can’t wait to see the “after” photos once you and your designer decorate and paint this blank canvas. I know you are going to enjoy the walkable location! Thank you for letting me help you find your first home so you can stay put for a while in Atlanta! Shout out to your sister, Elisa, for referring us!

Congrats Haley! You weren’t 100% sure what would be the best fit when we started out, but we found a great 2 bedroom condo in Buckhead that is gated and safe. The amenities are awesome and you will enjoy the great location near the West Side. You started renovations the day you closed and will make it a super place to live! Can’t wait to see when you get settled!

Chrystal and Tonio, you knew where you wanted to be and what school district you wanted to be in for adorable Sydney. We found a great, renovated home in Roswell with room for both of you to have home offices, a fenced in yard for your dog (and maybe another!) and chickens! And Tonio, there is plenty of space for you to add that outdoor kitchen and patio you wanted. Congrats y’all – Thank you for letting me help you find a super place! Shout out to Lisa for referring us!

Bryan, buying your first home can be a stressful experience, but you handled it like a pro! I have to say, you were one of the easiest clients I have dealt with in 13 years of selling real estate. It is great that your new house in Marietta close to your office, restaurants and shopping and across the street from friends. Especially friends who will help you renovate the fixer upper. Congrats on your new home!

Wow! Karl and Christina, you bought a house an hour from our original search area, and it is beautiful! I know you will love living in the peaceful serenity of Sharpsburg. And Christina, you will enjoy being in the same neighborhood as your parents. Invite us over when the pool is finished – congratulations!

Congratulations, Kristen and Alex on finding your dream home in an amazing neighborhood! Sarah Smith is a fabulous school district and we know that Loridans Chase is a great place to raise your babies! We can’t wait to see the transformation to your home as we know it will be fabulous. Jennie loved bonding over the kiddos and getting to know your whole family! Thanks for trusting our team!

Congrats, Bill on the purchase of your great townhouse in Decatur! We won’t call you a “groupie,” but you have been a Peters Company client three times in the past three years! Jennie has LOVED getting to know you, and we are all so happy that you have finally found a place to call home for the long run! Selling and buying at the same time isn’t easy, but your trust in our team and willingness to be flexible ended up in a total win-win all around! Thanks again!

Sally and Erik were referrals from our good friends, Shannon and Robby, and we were fortunate to work with them on the seller side as well as the buyer side. They really wanted to move closer to their children’s school in Sandy Springs. We were able to find an amazing off market sale for them that checked all the boxes! It was such a pleasure to help them achieve their goals!

Did you know? According to the National Association of Realtors, the average real estate agent sells 7 homes per year. The Peters Company has sold 109 homes so far this year with 17 more under contract and set to close in the coming months. Don’t settle for average! Work with the best, and call us today.

June Metro Atlanta Real Estate Market Overview

August 6th, 2015

June 2015 MMO

If May was magical, June was JOYOUS at The Peters Company! It’s no surprise to us that 15% more homes sold this June than last June! We had the great pleasure of helping 25 families buy or sell homes in June!

So… How did June 2015 compare to June 2014?

  • Almost Same # of Homes for Sale this June 15% More Homes Sold this June
  • Foreclosures Down 2.5% to 5.2% 5-10% distressed sales is normal
  • Short sales Down 5 % to 3.2% Theoretically, by 2016, all homes should be back above water
  • 3.5 Months of Supply (Down 12.5% from last year) Anything under 6 months of supply is considered a sellers market
  • Median Original List Price is up 6.6% to $239,400 Still rising due to low supply
  • Median Sales Price is up 7.2% to $248,500 Still rising due to continued low supply
  • Median Sales/List Price Ratio remains around 96.4% (Here at The Peters Co we’re at 98.4%)
  • Median Days on Market is nearly flat from last year at 49 days (Here at The Peters Co we’re at 7 days on the market – Yep not a typo… 7 DAYS!!!)

And, in case you’re interested… The Metro Atlanta condo market’s very own statistics:

  • Sharply Higher Condos/Townhomes Sold Compared to Last Year (Up 26.8%)
  • Distressed Condo/Townhome Property Sales are Down 9.1% 2.2 Months of Supply (even lower than detached residences and a SERIOUS sellers market)
  • Median Original List Price is up 8.6% to $184,500
  • Median Sales Price is up 9% to $178,000
  • Median Sales/List Price Ratio is slightly higher around 97.1%
  • Median Days on Market is down 13.2% to 33 days on market

If you’ve been thinking of buying or selling and just want to chat about the market in your Atlanta neighborhood, we’d love nothing more than to hear from you! We can give you a free and highly accurate opinion of value. Give us a call at 404-419-3619 today!

Just Listed :: Adorable Bungalow in Decatur’s Springdale Heights!

August 2nd, 2015

512 Bridlewood Circle Flyer front512 Bridlewood Circle Flyer back

Welcome Home! Located in one of Decatur’s favorite neighborhoods, this home is just what you’ve been looking for. The custom features and charming character will never go out of style. The close proximity to I-285, Highway 78, North Decatur Road, and Scott Boulevard makes it convenient to and from any direction. Did we  also mention that you are literally only minutes from all of your favorite activities, restaurants, and shopping spots in Downtown Decatur?

Features:

· Updated kitchen features quartz countertops, ample cabinet space, and travertine floors.

· Separate dining room is perfect for entertaining guests or casual meals at home.

· Living room boasts neutral colors, crown molding, cozy fireplace, and plenty of natural light.

· Main level master suite is a true retreat including a large walk-in closet and spa-like master bathroom.

· Additional bedroom and bathroom are well sized and bright.

· Unfinished walk-up attic is just waiting for your ideas.

· Gleaming hardwood floors are carried throughout.

· Wonderful outdoor space includes a deck  off of the kitchen and a large patio overlooking the fully fenced backyard.

· One car detached garage is ideal for your vehicle or as extra storage space.

· Convenient location close to interstates, restaurants, and shopping.

 

Call The Peters Company today to see this wonderful home at 512 Bridlewood Circle… 404-419-3619!

 

Just Listed :: Charming Open Floor Plan in Smyrna!

July 31st, 2015

1019 Chateau Lane SE Flyer front1019 Chateau Lane SE Flyer back

Welcome Home! This is just the home you’ve been looking for! The flowing floor plan, custom features, and charming character will never go out of style! The close proximity to I-75, I-285, Windy Hill Road, and South Cobb Drive makes it convenient to and from any direction. You’ll enjoy being only minutes from many popular restaurants and shopping spots!

Features:

· Kitchen features stainless steel appliances, granite countertops, ample cabinet space, pantry, and tile backsplash.

· Separate dining area is perfect for entertaining guests or casual meals at home.

· Spacious family room boasts a vaulted ceiling, cozy fireplace, and plenty of natural light.

· Main level master suite is a true retreat including a vaulted ceiling, walk-in closet, and bath with double vanity, jetted tub, and separate shower.

· Additional bedrooms are well sized and bright, and are connected by a Jack and Jill style bathroom.

· Sunroom/Lanai is great additional living space.

· Wonderful outdoor space includes a patio overlooking the fully fenced backyard.

· Neighborhood amenities include a well-maintained pool, tennis courts, playground, and pond.

· Convenient location close to interstates, restaurants, and shopping.

 

Call The Peters Company today to see this wonderful home at 1019 Chateau Lane SE… 404-419-3619!

 

100 Homes Sold YTD = 100 for the Homeless

July 30th, 2015

On July 22, we sold our 100th home of the year. In fact, we’ve now sold more homes YTD than we sold all last year… making 2015 our BEST YEAR EVER! To celebrate, we honored one of our favorite charities 100 for the Homeless. Click the YouTube video to the left to see Lesley and Andy’s children tell you a little more!

We are so thankful for all of our clients and friends that send us referrals! In fact, this year alone, we have closed the following:

  • 47 Referrals from our clients and friends
  • 32 Past Clients
  • and 24 of our family and friends!
We thank you from the bottom of our hearts for making us your real estate agents for life! We will continue to serve our clients at the highest level and GIVE BACK to our community! 

Stay tuned this fall as we plan to help Atlanta’s homeless on an even more personal level!  Also, we’d love for you to join Andy one night this Winter as he spends the night with the men in the shelter. 100 for the Homeless is a wonderful men’s ministry that benefits Atlanta’s homeless community.

If we can assist with your Atlanta home search or help you sell your Atlanta home, give us a call today at 404-419-3619!

Just Listed :: Beautiful Traditional in Dallas’ Rosewood Park!

July 24th, 2015

391 Garland Rose Lane Flyer front391 Garland Rose Lane Flyer back

Welcome home! The open floor plan, custom features, and charming character of this home will never go out of style. The close proximity to I-75, US-41, and  Highway 92 makes it convenient to and from any direction. You’ll also love being close to a variety of great restaurants and shopping spots as well as Lake Acworth and Lake Allatoona!

Features:

· Kitchen features granite countertops stainless steel appliances, walk-in pantry, island with breakfast bar, and breakfast area.

· Separate dining room is perfect for entertaining.

· Spacious family room boasts plenty of natural light and a cozy gas fireplace.

· Master suite is a true retreat including a vaulted ceiling, large sitting area, and walk-in closet.

· Spa-like master bathroom features a double vanity, garden tub, and separate shower.

· Additional bedrooms are well-sized and bright.

· Laundry conveniently located upstairs.

· Main level flex room is ideal for a home office or playroom.

· Two car garage easily fits vehicles.

· A patio and deck overlook the fully fenced backyard and are perfect for outdoor enjoyment and entertaining.

· Located on a quiet cul-de-sac street in a wonderful swim neighborhood.

 

Call The Peters Company today to see this wonderful home at 391 Garland Rose Lane… 404-419-3619!

 

Just Listed :: Gorgeous John Willis Traditional in Decatur!

July 24th, 2015

3081 Hudson Way Flyer front3081 Hudson Way Flyer back

Welcome home to this beautiful John Willis traditional located on a quiet cul-de-sac street! The flowing floor plan, custom features, and charming character of this home will never go out of style. The close proximity to I-285, Highway 78, and Lavista Road makes it convenient to and from any direction. You’ll also love being close to a variety of great restaurants and shopping spots!

Features:

· Kitchen features granite countertops, walk-in pantry, ample cabinet space, and breakfast area.

· Formal dining room is perfect for entertaining guests.

· Spacious family room boasts a soaring ceiling, cozy gas fireplace, and automated window treatments.

· Master suite is a true retreat including a trey ceiling, sitting area, and dual closets.

· Spa-like master bathroom features a double vanity, luxurious soaking tub, and separate shower with marble surround and flooring.

· Additional upstairs bedrooms are well-sized and bright, and are connected by a Jack and Jill style   bathroom.

· Main level bedroom and full bath are ideal for guests.

· Two car garage easily fits vehicles with extra storage space.

· A patio overlooks the private backyard and is perfect for outdoor enjoyment and entertaining.

· Fantastic location that’s convenient to interstates, restaurants, and shopping.

 

Call The Peters Company today to see this wonderful home at 3081 Hudson Way… 404-419-3619!

Off market as of August 2015

 

REALTOR® Equal Housing Opportunity