atlanta real estate "for sale by owner" - craigslist (2024)

FAQs

Can I sell my house without a realtor in Georgia? ›

It is possible to sell your house in Georgia without a real estate agent, but the process requires a lot of work. You will save on the seller's agent commission fee, since you're not hiring one, but you will still have to pay your buyer's agent's fee.

For decades, the overall cost of living and availability of cheap land has caused real estate in metro Atlanta to be more affordable than in other major cities. The city has no natural boundaries. But a recent study claims to show that it is now smarter to rent in metro Atlanta than it is to buy - at least for now.

The report found that Atlanta was in the middle of the list. The average monthly payment for a starter home in Atlanta is $2,453, while the average monthly cost to rent an apartment is $1,613—a difference of $840 or 52.1%.

Overall, Atlanta is the hottest of real estate markets and has been for years. This is great for buyers and investors who want rental properties. There's been a huge population growth, which has impacted the city for years.

Who Pays Closing Costs In GA? In Georgia, both the buyer and the seller have their own set of closing costs to pay. The division of these costs can be negotiated between the parties, but traditionally, each have their set of costs to pay.

Real estate agents and brokers must be licensed to sell real estate in Georgia. Agents must work for licensed brokers, while brokers can work for themselves or hire agents to work for them. Individuals must complete 75 hours of coursework to become agents and 60 hours of coursework to become brokers.

Recent Market Trends: The median home price in Atlanta fell by 2% from its June 2023 peak, although annual appreciation rates showed a slight increase towards the end of the year.

A new study shows that single adults in Georgia's capital city need to make a salary of more than $100,000 to be comfortable. The annual study, which was published last week by researchers at SmartAsset, used the MIT Living Wage Calculator to examine the nation's 99 largest metropolitan areas.

Why is rent so high in Atlanta? ›

As late as 2013, there was still enough supply for rents to be falling. But since then, population growth has outpaced construction and rents have been increasing. A lot. Since early 2020, metro Atlanta rent has risen 22.5%, adding $368 to an average rent, according to Jon Leckie, a research analyst for Rent.com.

Atlanta, GA, boasts a vibrant and diverse culture that reflects its rich history and dynamic present as the city embraces a blend of traditional Southern hospitality and contemporary urban energy. Residents contribute to a thriving arts scene, celebrated music traditions, and a booming film industry.

Persistent Demand

Expert predictions for 2024 suggest that home prices will likely see a slight increase, indicating continued growth in the market. This trend is largely driven by the influx of young professionals, students, and families seeking affordable homes close to employment opportunities and quality education.

Sale-to-list price ratio: 99.67% Homes in Atlanta, GA sold for approximately the asking price on average in April 2024. Atlanta, GA is a balanced market in April 2024, which means that the supply and demand of homes are about the same.

In Georgia, it's a legal requirement to have a real estate attorney present during the closing. Your attorney plays a crucial role in guiding you through this process, ensuring that all legal requirements are met, and that the documents you sign are in your best interest. Preparation is key to a smooth closing day.

You can list your Georgia home without a realtor on cash marketplaces like Houzeo.com and Sundae. You can get multiple cash offers, some up to 100% of the Fair Market Value. Additionally, you can offer your properties to iBuyers. They make instant cash offers of up to 80% of FMV.

A local realtor has a deep understanding of the real estate market in their area. They can provide insights into the neighborhood, such as the history of the community, current property values, and future developments. They know the local trends and can help you make informed decisions on buying or selling a property.

Sale includes an exchange at a reduced price, and it is used in the phrases for sale and on sale. Sell as a verb indicates the giving of something in exchange for money, or the encouraging or persuading of a person to get them to purchase certain goods or services.