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Posts Tagged ‘what i heard at sales meeting’

Each week, the real estate professionals at Atlanta Fine Homes Sotheby’s International Realty meet as a group for Sales Meeting. Commonly led by the Managing Broker, the President, or CEO of the company, Sales Meeting is a time for agents to share market updates, learn about market trends, and find out about the hottest new homes on the market. 

I have shared pertinent information from past sales meetings here on the blog, but what I haven’t disclosed is where you can find me and other Metro Atlanta REALTORS® immediately following sales meeting… on caravan. Bill Rawlings, North Atlanta office Managing Broker and Vice President, explains caravan below from The River Club in Suwanee where Tracy Sardelli, a fellow agent in the North Atlanta office, held a listing open.

The River Club is exquisite and the 6 bedroom, 5 full and 3 half bath home was exceptional. As we toured the home, I took pictures of my favorite details and have included them below. You can also view the professional photographs here on my website.

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Dennis Lockhart, President and Chief Executive Officer, Federal Reserve Bank of Atlanta

At a recent Atlanta Fine Homes Sotheby’s International Realty sales meeting, David Boehmig, President of Atlanta Fine Homes Sotheby’s International Realty, shared his notes related to comments on the economy given by Dennis Lockhart, President and Chief Executive Officer of the Federal Reserve Bank of Atlanta at a recent Atlanta Rotary Club meeting.

Tailwinds, or positive signs regarding our economy:

  • consumer spending
  • household finances
  • personal net worth
  • consumer debt
  • credit availability
  • auto sales
  • employment
  • income
  • payrolls
  • business spending
  • business credit
  • business liquidity
  • foreign demand for US products.

Headwinds, or the challenges we still face:

  • Consumers see a yellow light, not a green one
  • there is still a personal wealth gap
  • home prices are still declining
  • commodities prices, namely gas and food, are increasing
  • Japan
  • Northern Africa
  • business credit is slow to return
  • general uncertainty
  • the government is switching to a contraction mode

Bottom Line: Lockhart is still positive for 2011 and 2012

We will see:

  • moderate growth
  • decline in unemployment
  • no longer any real concern for deflation
  • recent rise in commodity prices will level off
  • consumer price growth of 2% in the medium term

Click here to see more insights that I learned at the Atlanta Fine Homes Sotheby’s International Realty sales meetings.

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What I heard at sales meeting* last week was:

Atlanta Fine Homes Sotheby’s International Realty had over $16 million in sales in one week…that is a record breaking sales week for the company. We are getting homes sold for our seller clients and finding the deals for our buyer clients!

*Each week, the real estate professionals at Atlanta Fine Homes Sotheby’s International Realty meet as a group for Sales Meeting. Commonly led by the Managing Broker, the President, or CEO of the company, Sales Meeting is a time for agents to share market updates, learn about market trends, and find out about the hottest new homes on the market.

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