Zac Pasmanick - The Zac Team

Blog

Displaying blog entries 1-10 of 27

Risk in Real Estate Investment

by the zac team @ RE/MAX Greater Atlanta

 Greetings neighbors,

Although the past year or so has been rough financially for many Americans, the economy is starting to look up some and many people are willing to start investing again. If you or someone you know are looking to invest into the real estate market we would like to share a few common mistakes new investors may make and how to avoid them.

1) Failure to Determine Your Time Need- A few things you as an investor would need to address before deciding to invest include: capital appreciation, cash flow, tax benefits, loss of management, equity pay down, and pride of ownership. A real estate professional would be very beneficial to you and can evaluate your needs and insure you have all the necessary bases covered.

2) Not Checking out the Seller of Sellers Agents Numbers- Because claims of high rates or return have a tendency to get out of control don't get sucked in. Make sure you check rents, payment history, taxes, expenses, deposits, and future modifications. By finding the right agent you can eliminate the possibility of overlooking important details.

3) Forgetting You Are Buying a Business- By owning investment property you carry the potential of becoming wealthy as well as having to make difficult decisions such as evictions, re-investment into property, and time management. All of these decisions will require careful consideration, always remember investing is hands on, not hands off.

4) Avoid Negative Cash Flow- Because some property may require a hefty amount of cash every month this can decrease your working capital which can become stressful especially to the novice investor. Remember to stay with your investment and don't prematurely sell.

5) Failure to do a Thorough Inspection- It is best to hire a professional inspector. Make sure to inquire about possible pest problems, structural damage or reoccurring problems. Nothing should be overlooked. Finding a real estate professional who can assist you with hiring an inspector will help you to avoid  costly mistakes.

Virginia Highland Tour of Homes 2009

by the zac team @ RE/MAX Greater Atlanta

Greetings neighbors,

We are proud to announce the 2009 Virginia Highland Tour of Homes Saturday December 12th from 10am to 5pm and Sunday December 13th from 12pm-5pm. Presented by the Virginia Highland Civic Association, the tour will benefit Highland Park, the new neighborhood greenspace at the corner of North Highland and St. Charles.

Those of you who would like to purchase tickets in advance can do so for $20 online until 10pm on 12/11 or you can visit any one of these neighborhood businesses: Intown Ace Hardware, Aurora Coffee, San Francisco Coffee, Habersham Gardens, Hastings Garden Center, or Whole Foods Market. Tickets purchased the day of will be $25. In addition, tickets will be available for purchase at the new Highland Park (North Highland and St. Charles Place) during the weekend of the tour.

Click here for a list of this year's sponsers.

 

A Few Good Home Selling Tips for Sellers Part 3

by the zac team @ RE/MAX Greater Atlanta

Hi neighbors,

In addition to our previous post, A few Good Home Selling Tips for Sellers and Part 2, we would like to share a few more tips to those of you who are in the market for selling.

Tip 1: You tax assessment means almost nothing - Despite what many may think, tax assessments do not reflect your home's true value and shouldn't necessarily be used to determine a value. The main reason is that tax assessments are based on principles unrelated to your home's property value.

Tip 2: Rely On Other People's Judgment As Well As Your Own - In all honesty, when selling your home you will obviously have fond memories and some emotion when assessing your homes strengths and weaknesses. In order to make a true evaluation of your home, ask someone else for their opinion.

Tip 3: Little Touches Can Make a Difference - Little things can make a big impact. You can place a vase of flowers on the mantel or potpourri in the bathroom these simple things can enhance your home a great deal.

Tip 4: Don't Give Yourself a Deadline - If you give yourself a deadline you are adding unnecessary pressure which can put you at a disadvantage during negotiations.

Tip 5: Don't Take a Lowball Offer Seriously - If a potential buyer gives an unacceptably low offer do not take it seriously or personally. You should still respond even with the slightest reductions in your asking price. The buyer will then know their initial offer wasn't taken very seriously.

Selling your home? Let us help, the zac team RE/MAX Greater Atlanta.

Cabbagetown Atlanta, GA

by the zac team @ RE/MAX Greater Atlanta

Hello neighbors,

As you guys may know, we at the zac team cater to the entire Atlanta Georgia real estate market and surrounding areas. Some of those areas include but are not limited to: Ansley Park, Avondale Estates, Buckhead, Cabbagetown, Candler Park, Decatur, Druid Hills/Emory, East Lake, Edgewood, Grant Park, Inman Park, Johnson Estates, and Kirkwood.

With the rise of home sales in the Atlanta area, many families are slowly getting back on their feet and searching for homes. To assist our readers that may be in the market for a new home we will provide information on various neighborhoods within our market.

Today we will take a look at Cabbagetown, a historical district located in downtown Atlanta. The neighborhood is full of history and is actually listed on the U.S. National Register of Historic Places. Built as a surrounding mill town after the destruction of the Atlanta Rolling Mill, Cabbagetown primarily produced cotton bags for packaging agricultural products during its early years.

Today, this historic district has become home to many artist and is full of restaurants, festivals, homes, and lofts. One of Cabbagetown's largest residential loft is the old cotton mill. The mill was renovated in the late 1990's and is now called the Fulton County Mill Lofts. In addition, they are the nation's largest residential loft community.

As for schools within the district for families with children, Cabbage town is under the school districts of Atlanta City and Dekalb County with two highs schools, three middle sschools, and 11 elementary schools.

As stated earlier, Cabbagetown is full of restaurants, some notable dinning experiences in the neighborhood include: Agave, Thumbs Up Diner, Carroll Street Cafe, Milltown Arms Tavern, Cabbagetown Market, and Village Pizza.

If you or someone you know are in the market to buy a home, contact us here at the zac team RE/MAX Greater Atlanta. Allow us to help you find your dream home www.GotZac.com.


Happy Thanksgiving! Home sales in Atlanta rose 3.2 percent in October

by the zac team @ RE/MAX Greater Atlanta

Dear friends and colleagues,
Happy Thanksgiving to everyone and I hope we all take a moment to focus on what we are truly grateful for this holiday season! Yesterday, the Atlanta Journal Constitution reported that Standard & Poor’s Case-Shiller home price index rose for the fourth month in a row, even though the average home prices in Atlanta declined slightly. Home sales in Atlanta did rise 3.2 percent in October, most likely due to the rush to take advantage of the home buyer tax credit. Read more here!

Driving for Thanksgiving? Good news! Gas prices in Atlanta have remained below the national average (at $2.50 a gallon instead of $2.64), so fill up before leaving our home state. Click here for more!

Having troubles with your short sale listings? Let me help you and your seller! I will pay you a referral fee for your short sales. Call me at 404.564.7272.

Short sale flippers. The market seems to have born a new breed of investor - the kind that pays a bank off for a short sale while already having a buyer lined up to pay a higher price - and then pocketing the profit. Read more about how this is playing out in Florida real estate...

Homeowners unwittingly optimistic? A study by Zillow show that 25 percent of homeowners nationwide believed their homes rose in value when, in reality, only 22 percent gained value. In the west, the disparity was greatest, with 28 percent believing value had increased when in reality, only 17 percent had. Read more here!

5 things successful people do every day. From the Trump University, here are five things to do every day to ensure your success. Click here!

Don’t let the winter chill get to you... Real estate is heating up in our office! With our rigorous sales training programs, script practice, and prospecting, our agents are increasing our skill level more than ever before. We invite you to come join us and see how we can help boost your career!

Qualified applicants must be:
1. A licensed Georgia real estate agent (or at least in school to become one)
2. Energetic, motivated, and articulate.
3. Knowledgeable of the Intown market.
4. Willing to strive to be the best at what you do.
5. Trainable and coachable.

If you live inside of 285, give me a call directly at 404.564.7272 or email me your resume to zac@zac.biz.

What are your clients worth to you? $2,500? $37,000? a lifetime value of $126,000 once they refer family and friends to you? Seth Godin explains in his marketing blog. Thanks to our friend in Toronto, Tom Cook, for sending this along!

Fourth quarter productivity. Track your numbers and meet your goals with Mike Ferry’s Fourth Quarter Production Campaign! You can watch weekly motivational videos with updates on the campaign on www.MikeFerryTV.com. Check it out!

 

 

 

Do you get in the zone? As Dirk Zeller points out, professional athletes have a "zone" so why not real estate agents? What’s your pre-appointment routine? Read more from the Coaches’ Corner here!

Missouri Realtors convicted in scheme. Robert Wrolstad and his conniving buddy were sentenced to no more than 11 years in prison for their investment bungle. Read more here!

Make ‘em thirsty. The first step towards a closed transaction is getting your client thirsty for your services, or for that house that caught their eye, or at the idea of buying or selling real estate. Here are a few ideas from a sales consultant to create that desire.

Happy holidays and safe travels if you're headed out of town!
Zac

404.564.7272 | zac@zac.biz | www.zac.biz | http://blog.zac.biz

Have A Happy Thanksgiving

by the zac team @ RE/MAX Greater Atlanta

Greetings Neighbors,

With Thanksgiving tomorrow, many are rushing to get on the roads, catch their flights, or buy those last minute groceries needed for tomorrow's feast. The holidays are for family, love, and fellowship.

With so much going on in the world today such as high unemployment rates, the recession, and etc, it is always comforting to know that family and friends will be there when you need them. With that being said, what are you thankful for? I am thankful for my family, friends, and loved ones being by my side no matter what.

Maybe there are some out there that may not be able to celebrate with their family due to work, but one thing to remember is to be thankful for that job especially in these times.

We at the zac team would like to wish our readers and neighbors a very happy Thanksgiving!

 

Where To Go for Thanksgiving Dinner

by the zac team @ RE/MAX Greater Atlanta

Hi neighbors,

Do you and the family want to have a relaxing Thanksgiving without all of the cooking and tidying up for family and friends? Well, there are several Atlanta restaurants that are up for the task of providing you and your family with a feast fit for a king. Here are a few to consider:

The Atlanta Grill @ the Ritz Carlton, Atlanta

181 Peachtree Street, N.E.
Atlanta, GA 30303
(404) 659-0400

www.ritzcarlton.com

The Lobby at Twelve @ Twelve Hotel and Residence

361 17th Street, N.W. (Spring St.)
Atlanta, GA 30363
(404) 961-7370

Park 75 Restaurant @ Four Seasons Hotel Atlanta

75 14th Street, (Peachtree Rd.)
Atlanta, GA 30309
(404) 253-3840

Craft Atlanta The Mansion on Peachtree, A Rosewood Hotel and Residence

3376 Peachtree Rd. NE
Atlanta, GA 30326
888-767-3966; 404-995-7500


 

It's Friday, It's Friday, What to Do?

by the zac team @ RE/MAX Greater Atlanta

TGIF neighbors,

Wondering what's going on in our fare city this weekend, well here are a few ideas you may want to explore.

If you're in the mood to laugh you may want to check out:

Marc Maron live tonight Nov. 20th at the Laughing Skull Lounge  located at 878 Peachtree St. N.E., Atlanta, GA, 30309, 877-523-3288. Maron has made apperances on David Letterman, Conan O'Brien, HBO specials, and Comedy Central Presents Specials. Show starts at 8pm.

The Second City: Peach Drop, Stop and Roll tonight Fri. Nov. 20th form 8pm to 10pm at the Alliance Theatre located at 1280 Peachtree St., Atlanta, GA, 3030, (404) 815-6674.

In the mood for Performing Arts? You may want to check out:

Cavalia at Atlantic Station, Fri. Nov. 20th 8pm. Atlantic Station is located at

Radio City Christmas Spectacular at Fox Theatre Fri. Nov. 20th. Show starts at 4pm. Fox Theatre is located at 660 Peachtree Street NE Atlanta, Georgia 30308.
(404) 881-2100

Interested in exhibits, check out:

Bodies, The Exhibition and/or Dialogue in the Dark at the Premier Exhibition Center in Atlantic Station located at 265 18th Street Second Floor Atlanta, GA 30363. Exhibit times are from 9am to 8pm Saturday. Nov. 21st.

Want to bring pleasure to your Ears, check out:

Atlanta Symphony Orchestra at the Woodruff Arts Center: Atlanta Symphony Hall located at 1280 Peachtree St. NE, Atlanta, GA, 30309, (404) 733-5000, Fri. Nov. 20th, 8pm.

Looking for a spot after work to unwind? Check out:

Martinis at IMAX Theatre, Fernbanks Museum located at 767 Clifton Road, N.E.  Atlanta, GA 30307. 404.929.6300, Fri. Nov. 20th 5:30pm to 10pm.


 

2009 Realtors Conference & Expo

by the zac team @ RE/MAX Greater Atlanta

Greetings neighbors,

As you know, our team is always learning and staying on top of the latest real estate news and market changes to ensure we are qualified to better serve you.

With that being said, we are pleased to announce Zac Pasmanick's attendance at NAR's 2009 Realtors Conference & Expo in San Diego, California. This year's theme was Chart A Winning Course. For the first time in San Diego, this year's conference & expo focused on how to achieve success in the real estate market for the year 2010. This year's speakers focused on the latest topics affecting today's real estate market.

Zac had the opportunity to hear a variety of speakers which included: Daniel Shapiro (Dealing with Emotions in Negotiation: Five Practical Tools) who focused on how to deal successfully with the five core emotional concerns which has a direct impact on the success of your negotiations, Paul Martinelli (Seven Levels of Decision Awareness) who introduced the seven levels from reactive to responsive and ways to introduce change, Tara Hunt, author of The Whuffie Factor, Using the Power of Social Networks to Build Your Business (Whuffie for Real Estate Professionals: How Social Capital Sells) who focused on the effect of online communities and community marketing relationships and it's impact on our culture and businesses, and Sugar Ray Leonard (Chart a Winning Course) who's dialogue consisted of metaphors and references to being a winner inside of the boxing ring as well as being a winner in real estate.

With 150 sessions and 400 exhibitors, Zac gained a plethora of knowledge during the 2009 Realtors Conference & Expo and we here at the zac team look forward to absorbing as much knowledge as we possibly can.

Economy and the Housing Market, Looking Pretty Good

by the zac team @ RE/MAX Greater Atlanta

Greetings neighbors,

Looks like the economy as well as the housing market may actually be on the rise based on the latest from the National Association of Realtors.

This rise is largely in part to the extension of the first time home buyers tax credit which has had a much larger impact than expected. It is now estimated that there will be between 2.3-2.4 million first time home buyers by the end of the year.

According to a study by the NAR, there has been a 6 percent increase in first time buyers purchasing homes, with 47 percent this year and only 41 percent who purchased homes last year in 2008.

It is expected for existing home sales to reach 5.01 million dollars this year which is a 2 percent increase compared to last year. The expected existing home sales forecast for 2010 is 5.69 million which will be an increase of 13.6 percent.

In addition, the NAR also reported that the 30-year fixed - rate mortgage will average approximately 5.3 percent in the fourth quarter and is expected to rise to 5.8 percent by December 2010.

Displaying blog entries 1-10 of 27

Syndication

Categories

Archives

Contact Information

Photo of Zac Pasmanick  Real Estate
Zac Pasmanick
RE/MAX Metro Atlanta Cityside
1189 S. Ponce de Leon Avenue
Atlanta GA 30306
Office: 404-564-7272

• Facing foreclosure? There are options! Please visit www.SavingFamiliesFromForeclosures.com for a personal consultation

Friend, fan, or follow!
Become a friend of Zac's on facebook!  Connect with Zac on Linked In!Follow Zac on twitter! Connect with Zac on Plaxo!

Zac Pasmanick on Zillow Zac Pasmanick at The Zac Team - Agent with RE/MAX METRO ATLANTA CITYSIDE
• Sign up for your personalized email home search: www.BestMetroAtlantaHomeSearch.com
• Why list with Zac? www.GotZac.com