On Wardrobe Malfunctions, Big Brother, and High School Nightmares: Are you being watched while you shop for your next home?

spygame

Is the Real Estate Game the new Spy Game?

( Image from Spy Game: (2001) Robert Redford, Catherine McCormack, and Brad Pitt. Great flick if you haven’t seen it)

I’ve been meaning to get a post out about this for some time now, but a “wardrobe malfunction” last week put it front and center of my mind.

Allow me to set the scene:

Its 3PM on a beautiful autumn Thursday in the city of Atlanta. My out-of-town client is flying in to view several houses over the weekend. They texted me about a specific property and wanted more information on a couple of features in the home. The house was vacant, so I ran over to get a better look at what they were asking about, take some pictures, and to decide whether to add that property to our itinerary to view on Saturday.

I arrive at the home, make my way to the front door, and bend down to activate the lockbox and retrieve the key.  Upon performing this completely reasonable, harmless, and relatively risk-free action, my belt decides that it can no longer take the strain, and explodes right there on the front porch. In what can only be described as clothing carnage, the buckle lay scattered across the battlefield in 4 different pieces.

Two things go through my mind:

1. I am so glad the client isn’t with me.

2. I really, really need to find the time to get into shape.

Now that I am very much reliving a high-school nightmare where my clothing stops functioning, I hurry my now-very-awkward-self inside to get situated. I fumbled with the belt for a good minute or so before surrendering to the sad fact that nothing could be done to fix it. As I gave up the fight, I looked up to see that I had been performing this embarrassing ritual dance directly in front of their DIY internet security camera.

So, a couple of big things to be learned here:

  1. If I show up for an appointment belt-less, please don’t judge. Keep in mind I may have lost it in a recent tragic incident that will negatively impact my mental state for the foreseeable future.
  2. People may very well be listening or watching you through electronic devices while you walk through a potential new home.

I do attempt to emphasize this to all of my clients, but a best practice during home shopping is to wait until you are safely back outside to discuss your feelings on price, condition, and your overall desire to purchase the property. Don’t give the seller the advantage in future negotiations by telling them exactly how much you love the property, and how much you may be willing to pay, before we ink the initial offer. With today’s technology and connectivity, you can never be sure that you are not being monitored.

30306 Real Estate Trends By the Numbers

Median Days on Market. Properly priced and marketed homes are still moving very quickly.

Med Days to Contract (Sales) - ZIP- 30306

Median Sale Price and Median List Price are Moving in lockstep. Homes are still selling very close to list price on average.

Pricing Trends - ZIP- 30306

Housing inventory is still very limited. New listings have crept up, but not nearly enough to flip us into an overall buyer’s market. Some of that inventory is going to get snapped up as we move into the next busy cycle closing out 2017 and into the early months of 2018.

Market Activity - ZIP- 30306