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Housing

Part of my job is to be a good negotiator on behalf of my buyers or sellers. This is a skill that comes naturally for some, but others really have to work at it to be successful. I recently wrote a post at www.Banks.com that provided tips for negotiation. I believe one of the most important things people in the housing market need to consider is the other party:

“Put yourself in the shoes of the person facing you at the table. While their problem is not your problem, it COULD be your problem if they say “No.” Try to be reasonable and understand WHY they need X done.”

While everyone wants what’s best in the deal, a key thing to remember in all aspects of real life is to know where the person sitting across from you comes from. About a year or two ago, I read a long discussion thread on a blog about how angry someone was when the McDonald’s worker messed up an order. They raised the roof (and not in a good way)… called the manager, called the regional manager, called corporate headquarters … all because someone forgot to “biggie” their fries (or something that inconsequential). The discussion that ensued boiled down to one thing for me: if the person was working at McDonald’s filling orders for Big Macs and French fries, then they were (probably barely) eking out a living. For someone to complain about you - already working in a tough job with customers yelling, co-workers snarling, and managers breathing down your neck - well, I just don’t think anyone deserves it.

If someone is driving and cuts you off, you can get angry. Or you can consider maybe they’re driving their sick child to the doctor’s office and in a panic. If someone doesn’t say “thank you” or show other common courtesy, who are we to know their grandparent or best friend didn’t just lose their battle with cancer? Put yourself in the shoes of the other person.

If you’re negotiating a price for a home, do protect yourself but remember there could be a good reason the person on the other side of the table is asking for certain things. Be reasonable. Be fair. You won’t ever regret it.

Posted By: Kathy Tyson


My broker emailed a report from USA Today that shows a map of the housing recovery, state by state. One big concern the housing market faced was an overabundance of new construction homes. When the homes stopped selling, the building industry came to a skidding halt. It was kind of weird standing on the back deck at a friend’s house seeing idle bulldozers in an area that had been absolutely crazy with growth. The subdivision grew mighty quiet.

If this report is accurate, however, her quiet may be short-lived. The peaceful subdivision may start hearing the noise of hammering, drilling, and construction traffic by the end of the year. Tennessee - along with Kentucky, Oklahoma, Texas, Montana, Utah, Arizona, and California - are expected to begin construction again in 2009 as the excess supply of homes are substantially depleted and demand returns.

My neighbor may not be thrilled with the added noise in her neighborhood, but I am definitely looking forward to seeing a resurgence in the housing market!

Posted By: Kathy Tyson


Although we are experiencing a recession on a national scale, it may seem hard to prove if you look just at the commercial growth in Smyrna, Tennessee. In the last year alone, the town has welcomed a beautiful new movie theater, along with several popular restaurants.

We have a brand new CiCi’s, a pizza buffet that features an all-you-can-eat spread perfect for making the weight-conscious feel guilty. An IHOP (or International House of Pancakes if you’re not in a hurry and want to show off) for people who love getting on some Rooty Tooty’s. And just a week and a half ago, Cheddars opened its doors to feature some good eatin’ at an affordable price.

The housing market is still alive in Smyrna as well. Right now there are 25 home sales in full pending status and 43 homes have closed since January. One house a little over a thousand square feet sold for $65,001 and the most expensive that sold in Smyrna was an almost castle-like 5000 square feet home that sold for $740,000.

If you want to move to Smyrna, there are 326 homes available right now, and 113 of these are $150,000 or less! Smyrna is an affordable place to live with lots of places to eat and shop - and we’re just a hop, skip and a jump from Nashville! Call me at 615-459-4040 for more information on real estate in Smyrna.

Posted By: Kathy Tyson