Nesbitt Realty has received numerous awards and recognitions for client satisfaction because we get results that make our clients happy.
How are rental agents paid?
I just received this: I am a student interested in the field of real estate. I understand that a real estate agent makes money on the sale of a property based upon a percentage of the final sale price. I was wondering how a real estate agent makes money on a lease of a rental... Continue reading→
What is Lower Alexandria?
Northern Virginia has several independent cities and the City of Alexandria is one such independent city. The City of Alexandria borders Fairfax County, but the City of Alexandria is not in Fairfax County. Fairfax County is not in the City of Alexandria. However, there are large parts of Fairfax County that have an Alexandria postal... Continue reading→
Some Buyers Snap Up Retirement Homes Early
With home values falling over the past few years, some buyers are seeing a great opportunity to buy their retirement home now instead of waiting until they retire years later. For example, in one of the largest retirement areas in the nation — Century Village in Boca Raton, Fla. — the average age of a...
Home Size Preferences Differ With Age, Culture
The median home size most highly desired among home shoppers is 2,226 square feet, according to the National Association of Home Builders’ “What Home Buyers Really Want” survey. But looked at more closely, the size of home most desired can vary greatly depending on the buyers’ age, race, and ethnicity, the study found. As buyers’... Continue reading→
Sellers Who Delay May Miss Out
Some would-be move-up home sellers are eying home prices carefully. They’re waiting to see how much home prices appreciate more before they consider selling their home. But they may be missing their perfect opportunity, some housing experts say. The best time to move may depend on when the home owner purchased their current residence, says... Continue reading→
How to Avoid Being Part of a Real Estate Scam
Recently a person pretending to be a rental applicant tried to run a scam on a property we manage. They hoped to scam the landlord and Nesbitt Realty. With increasing reports of real estate scams worldwide, here are some ways you too can avoid being caught up in fraud. Make sure all parties are who... Continue reading→
4 Easy Tips for Staging a Home to Sell
Here's some of our simplest and easiest staging tips: Store toasters in the cabinet because it is almost impossible to keep them looking clean. Take all the magnets off the refrigerator. Stow knick-knacks, personal items and photographs In a pricey home, get rid of any furniture that looks cheap. It interferes with the buyer’s ability... Continue reading→
5 Reasons Buying Real Estate is Better Than Renting
Are you considering renting in Northern Virginia? With remarkably low interest rates, perhaps you should consider buying? Here are 5 solid reasons that buying is better than renting. Be your own landlord. The landlord picks the paint colors. The landlord decides whether pets or smoking is allowed. If you are the landlord, you make... Continue reading→
How to Vet a Builder
If you're thinking of hiring a builder for custom work, here are some points to consider: Hire a good real estate attorney who has experience with new-construction contracts, knows state law, and is familiar with the issues unique to the area in which the property will be built. Talk to other customers. Ask how satisfied... Continue reading→
Owner Financing Can Expedite Sales
Owner financing can help sell a property in this challenging market. Banks generally are willing to accept rent credits for an option to buy as an acceptable down payment, but both buyers and sellers must follow these guidelines for Fannie Mae and Freddie Mac to sanction the transaction. The rental amount must be determined by... Continue reading→