Day 6: Will people really pay 1MM for a townhouse? Short answer: Yes. In Northern Virginia, even without the inventory shortage, people are buying townhomes in the 800-1mm range. Whether there are elevator ready or not as long as they have the … [Read more...] about Will people really pay 1MM for a Townhouse in Arlington?
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How do you know if your property is at the crest of a rising market?
Day 5: How do you know if your property is at the crest of a rising market? Don’t we all wish that we had a crystal ball? I know I would be a happy camper… or at least have some more answers. However, a really good leading indicator of where we … [Read more...] about How do you know if your property is at the crest of a rising market?
How do you know if your property is being off-set by age/ style of surrounding properties?
Day 4: How do you know if your property is being off-set by age/ style of surrounding properties? Your agent should be keeping tabs on trends, what is classic, what is selling and what is moving. What sells property: the old adage, (location, … [Read more...] about How do you know if your property is being off-set by age/ style of surrounding properties?
Is there such a thing as an offensive offer?
Day 3: Is there such a thing as an offensive offer? Yes. Look at fair market- what people are willing to pay market expectation- what you want Market reality- what you receive and what the sale creates based on market demand In my nearing 20 … [Read more...] about Is there such a thing as an offensive offer?
What should you know about a vacation home purchase?
Day 2: Vacations Homes and what do people need to look for: Make sure you have your ace team together. Talk over your budget with your lender, CPA and financial advisor, after you have decided how you are managing the property. Is it purely a … [Read more...] about What should you know about a vacation home purchase?
