What is a “flash sale”?

Belle View condo
Belle View condos is one of many areas in Northern VA that are currently "hot".
Some housing markets are heating up so much that homes are selling in less than 24 hours—also known as a “flash sale.” I recently had a client that was caught in a torrent of flash sales. She put in offers on several homes that were sold in one day at prices that equaled or exceeded the list price.  Her purchase was a flash sale: she made an offer on the day that the property was listed. “Using a real estate agent is a very good idea,” says the U.S. Department of Housing and Urban Development (HUD). "All the details involved in home buying [and selling], particularly the financial ones, can be mind-boggling. A good professional can guide you through the entire process and make the experience much easier."

What’s the Difference Between a Real Estate Agent and a Realtor?

Realtor Logo
National Association of Realtors
More than two million people have earned real estate licenses but only a small percentage of these are Realtors. Realtors are members in good standing of the National Association of Realtors, their state association of Realtors and a local real estate board. Realtors are held to high standards of ethical behavior and must undergo continuing education annually to remain accredited. All agents of Nesbitt Realty are Realtors!

What Does a Realtor Do?

Realtors are required by law to:
  • perform necessary and customary acts to assist in the purchase or sale of real estate.
  • perform these acts in good faith and with reasonable care.
  • properly account for money or other property placed in his or her care.
  • disclose “adverse material facts” which are, or should be, within the agent’s knowledge.
MLS
The MLS is a database of homes listed for sale.
A Nesbitt Realty Realtor will be well acquainted with the important things buyers want to know about your property's neighborhood. When it comes to selling your home, a Realtor will save you time and aggravation. We will get your home on the market instantly with the MLS. When an offer comes in on your property, our Realtor will help structure the deal to maximize your proceeds. He or she will guide you through the mounds of paperwork. Nesbitt Realty pays for all advertising, schedules all open houses and makes sure potential buyers are qualified. The money they can save you is often more than the cost of our commissions. [learn more]
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Will Nesbitt

View posts by Will Nesbitt
Will is the principal broker of Nesbitt Realty and Condo Alexandria. He is licensed in anywhere in the Commonwealth of Virginia, but focuses on those communities found in and around Alexandria, Arlington, Mount Vernon and Springfield/Franconia. Will has been involved in real estate management, sales and investment for more than twenty years. He is a veteran of the U.S. Army. While in the army, he studied Russian at Monterey's Defense Language Institute. He is also a "veteran of the dotcom wars" and built most of the sites associated with NesbittRealty.com Will currently resides in Belle Haven Estates just outside Old Town, overlooking New Alexandria. He is a former president of the Mount Vernon Youth Athletic Association and founded the Alexandria Fun with Friends Group. Will is the author of BattlestorM, a tabletop fantasy game, which was published by Ral Partha Publishing in the late '90's, and Arthur's Realm, a boardgame available at the Gamecrafter.