Options for Home Sellers in Del Ray

Del Ray
Del Ray

No matter how much you look forward to moving to a new home, relocating is chore, and selling your current home in Del Ray will only add to the stress of the move. The goal is to quickly a buyer because an unoccupied home is not only a worry, but a financial burden, especially if the selling process drags on for a long period of time. Selling your home in Del Ray before you begin paying for another somewhere else is the best alternative for your bank account.

There are many tips that experts offer to increase your chances of unloading your home quickly. But few compare the pros and cons of different ways to sell your home.Continue reading

Preparing to sell your home?

In Northern Virginia, one of the biggest problems people run into when selling their home is the process of preparing it for sale. Many homes in the National Capitol Region are simply places where we keep the accumulated treasures of the years. Are you a clutter-bug, a pack-rat? (It’s OK, we all are to some extent.) When preparing a home for sale, we need to be mindful of our “stuff.” The best way to begin this process is to take a quick walk through your home.

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Five Reasons to Hold an Open House

Not all real estate practitioners are enthusiastic about the effectiveness of open houses, but here are five good reasons to consider holding one:

Julie Nesbitt
Julie sold another!
  1. The odds are low but sometimes open houses lead to a sale.
  2. Home sellers like them. They like seeing their real estate professional working hard for them.
  3. Visitor feedback is good for sellers.
  4. Other real estate practitioners tour open houses and they sometimes produce sales.
  5. Open houses engage people, including friends and neighbors who might bring in a buyer.

Source: Inman News, Mary Umberger (02/17/2010)

  • Inlet Cove is near Fort Belvoir and Potomac Mills

    Inlet Cove outside Belvoir
    Inlet Cove is alongside Route 1 This neighborhood of townhouses is near grocers and eateries Inlet Cove is close to Fort Belvoir, Alexandria, and Potomac Mills shops, in the city of Woodbridge Interior to these properties are multilevel Inlet Cove is serene

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  • Pending Home Sales on an Upswing

    home inspector
    Pending home sales increased again in March, affirming that a surge of home sales is unfolding for the spring home buying season, according to the National Association of REALTORS®. The Pending Home Sales Index, a forward-looking indicator based on contracts signed in March, rose 5.3 percent to 102.9 from 97.7 in February, and is 21.1…

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  • A Good Time to Buy a High-End Home

    Station Square
    Some of the best housing deals are on high-end homes, many over $1 million. Some of them need TLC or they aren’t in the most-coveted locations. But there are plenty of desirable properties and lots of sellers who are getting impatient. Buyers with cash have the best opportunities. Buyers who need a mortgage should move…

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  • Looking for the big price drop?

    arrow down
    If you love price drops we have good news. NesbittRealty.com now features the biggest and most recent price drops on area real estate. We have condos, townhouses and houses all with big price reductions. These HOT properties will attract a lot of attention so contact us to take a closer look. In general we look…

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  • Who is today’s homebuyer and why are they buying?

    Nesbitt Realty 703 765 0300
    The National Association of Realtors recently did a study about the characteristics of home buyers. Some of the findings might surprise you. Thirteen percent of buyers purchased a home with one or more parents and grandparents together with adult children. There were several reasons given for purchasing a multi-generational home. Cost savings; Children over the…

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Properties in Shirlington

Why We Persuade Sellers to Accept Realistic Pricing

When prices were declining, many home sellers were having a lot of trouble accepting the market value of their properties. Even though the prices might seem high to those moving to Northern Virginia, some sellers are still adjusting to the market.

    1. We tell them the odds. Calculate the absorption rate in their area. Divide “1” by the number of months of housing inventory. For instance, if there are 12 months of inventory on the market, the probability of selling in any given month is 8.3 percent. The probability of not selling is 91.7 percent.
    2. We explain the cost of not selling. That includes paying the mortgage, insurance, utilities, etc., plus the cost of any further price declines.
    3. We compare the price per square foot. Show the seller the prices of comparable homes sold on a price-per-square-foot basis.
    4. We point out how much lenders are willing to loan on similar properties. If a house can’t qualify at the price the sellers seek, few will be able to buy it.
    5. We show them the goods. Take sellers on a tour of competing properties and show them the online tours of those that sold previous.
    6. We use online pricing tools. Sites such as NesbittRealty.com help us demonstrate competitive pricing.

Nesbitt Realty explains these fact so that sellers can make an informed choice about selling a home or condo today.

  • Sell Your Real Estate Fast and For The Best Price

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  • Read your contract carefully

    Aubrey Nesbitt
    Read Your Contract Carefully Many renters barely even skim their rental agreement before signing their name at the bottom. Most renters are primarily concerned with the monthly charges, one time only fees, required deposits and other financial matters. Once they verify this information is accurate according to their conversations with the leasing agent, they often…

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  • Buying Unfinished Homes

    Julie and Will
    Unfinished homes present a great way to save a lot of money and get yourself a new home in the process. If you buy an unfinished home, you can keep your monthly mortgage payment low and also lower your initial investment. You may also be able to buy a larger foundation size as well, which…

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  • 10 Ways To Find Investment Properties in Arlington

    Business as usual for Stuart
    If you really want the best deals in investment properties, you have to increase your odds by finding more deals. Who is more likely to get a cheap apartment building, an investor that looks through the MLS listings and calls it a day, or the one that uses ten resources? Here are the ten: 1.…

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  • Best House Color to Sell in Arlington VA

    Arlington
    Love at first sight happens every day in Arlington real estate. So, what is the best house color to make a potential buyer become a love struck buyer?

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What do real estate agents do?

on the lawn of the White House looking toward Washington Monument
Julie is a Realtor serving Northern Virginia

Real estate agents act as go-betweens for buyers and sellers of real estate property. With certain exceptions, anyone who assists with the sale of real estate in the Commonwealth of Virginia is required to be licensed by the state.  Each and every real estate agents must be affiliated with a real estate broker. A broker is a real estate profession who has higher educational requirements and who has a minimum of three years of full-time experience as a real estate agent. A realtor is a real estate agent or broker who is a member of the National Association of Realtors. As a realtor, agents and brokers agree to ascribe to a high standard of ethics and participate in continuing education programs.

In most cases, a real estate agent works for one party, either the buyer or seller, renter or landlord. The agent uses his or her specialized training to best represent the clients’ best interests. In some cases, the agent will work in a dual capacity representing both sides of the transaction.  In all cases, the agent’s first duty is to truth and honesty. But when you choose a real estate agent, don’t be afraid to ask about what obligations state law imposes.

Some agencies have up-front fees or retainers.  It’s okay to shop around and to interview several agents and agencies to find the one that you feel most
comfortable working with, but it’s only fair to the agent and to yourself to settle on one agent to sell or buy a home. Although it is your right and duty as a consumer to shop around, it is unethical and unfair to work with more than one agent at a time. An experienced agent will always ask if you already have representation. This way the agent won’t waste his time or accidentally interfere with the relationship you already have.

For more information or to set up an appointment call Julie at (703)765-0300.

Properties in Cameron Station

Selling Your Condo: Helpful Tips

Realtor LogoWhen you begin thinking about selling your condo, it is a good idea to begin by enlisting the help of a licensed Realtor. Unless you are otherwise experienced in the business of buying and selling condominiums, hiring the help of a qualified professional will enable you to reach a large market of potential buyers, and a good agent will work overtime to help you sell your home. In addition, hiring a Realtor will help ensure that all of the paperwork pertinent to the transaction is executed properly. Once you decide to sell your condo, begin by following the helpful tips listed below to prepare you for the process of selling your condo and enable your Realtor to do their job most effectively.

  • Begin by making a list that summarizes all of the information regarding your specific condo unit as well as the building and area it is located in. This list should emphasize all of the features that your condo has to offer. What makes your condo unique compared to others in the nearby area? What elements of the condo have you found to be most convenient and important to you? What are the amenities that your condominium building offers to residents who live there? For example, location is a major selling factor. If the unit is located near mass transit or other commuter-friendly areas, you should use that as a selling feature. This list should include everything that the specific condo unit and the condominium building feature. Finally, be sure to include any other information that you believe is relevant or applicable to the property. Once your list is completed, give it to your Realtor. This list will aid both you and your Realtor in advertising, marketing, and ultimately selling the property.

    condo
    For condo buying or condo selling in Northern VA call Nesbitt Realty
  • Next, head out and go to see the competition firsthand or, at the very least, do some internet research to locate other condos for sale in your neighborhood. It is important to know the general price point that other people are asking. In today’s market, it is critical that you price your condo competitively if you want it to sell. Becoming knowledgeable about the market you are selling in is crucial. Ask your Realtor what they know about the area surrounding you condo and be sure to keep the lines of communication open if you discover any new or interesting information.
  • Let your neighbors know you want to sell your condo. Many times, your neighbors may have friends, family or co-workers who could be potential buyers. You can then post flyers or create postcards to place in the lobby of your building to let neighbors and others in your community know that your condo is for sale. Never underestimate that word of mouth is often an incredibly effective marketing tool particularly because people often like to live in a building where they know someone.

Finally, remember that selling your condo is more than selling a piece of real estate. Selling your condo is about selling a place to live that supports a particular lifestyle. Therefore, you want to target those that would be most interested in owning property. Through the process of maintaining effective lists that highlight the features of the property, understanding the nearby and local market, and informing neighbors of your desire to sell, you and our Realtor can both knowledgeably and efficiently sell your condo even in a buyer friendly market.

For more information or to set up an appointment call Stuart at (703)765-0300.

Properties in Rose Hill

5 Ways Sellers Can Prepare for a Home Inspection

From time to time, sellers ask us how you can prepare for a home inspection.

home inspector
Bob Murphy is a home inspector

 

      1. Leave appliances clear: Don’t leave dirty dishes in the dishwasher or laundry in the washing machine or dryer. This is because the inspector will need to test the appliances, and he doesn’t want to have to pull out dirty clothes in front of everybody. The same is true for your oven and stovetop. The inspector will need to test them without moving your food or pots around.
      2. Make things accessible: Ensure the location of the attic and crawlspace are identified and easy to access. Don’t make a home inspector move your belongings in order to gain access. Strategically placed bundles and belongings can imply that the seller is trying to hide something and can cause the buyer to get nervous and the home inspector to get very thorough.
      3. Check the lightbulbs: If a lightbulb isn’t working, the inspector will need to determine if the fixture is inoperable. Save them time by making sure all the lightbulbs in the home operate, including those in the crawlspace, attic, and furnace rooms.
      4. Note shut off valve: Sometimes the location of your water shut-off valve is not obvious. You may want to label this to make it more obvious.

 

Blizzard photos of Real Estate in Bucknell Manor, Belle View, and Belle Haven

The blizzard snow lasted about a week. It hit its climax on about day 3. Many roads built up with caked snow. In Bucknell Manor, nearby stores remained open during the inclement weather. Interested in buying, selling, renting, or property management of Real Estate in Northern Virginia? Call Nesbitt Realty today at (703) 765 0300.