Let’s look at that property weekend after next…

While the DC Real Estate market is having a small seasonal slow-down – it’s not SLOW and buyer’s don’t have the luxury of moving slowly.

We have had buyers tell us; well let’s see that house next week or after my 10-day vacation. Well don’t expect that home to still be available. A seasonal slowdown here in the DC market means there may only be 1 other offer you are competing with – not 9 other offers.

While we always true and educate our buyers; they don’t always believe us – that is until that property they really wanted to see is under contract. Often we hear “Why didn’t you tell me there was an another offer?”. Well sadly; listing agents often are not going to hold an offer back when we haven’t even taken a look at the property.

Buyers: If you see a property which you want to see; we should plan to see it ASAP. Not next weekend or next week. If it is “The One”; why give others a chance to see it and then have to compete with them? If your agent is too busy; well then that’s another problem…

Happy House-hunting!

If it’s taking you years to buy a house – it’s time to rethink things

Tweet Washington DC continues to have a strong sellers market and proves to be a challenge for buyers. Although I am seeing a few signs of cooling down, I believe much of the slow-down is seasonally related. Summer is slower as many folks are heading on vacation or trying to beat the humid 90 degree…

When you ask a question – you will get an answer…

Tweet One of the most confusing things my team deals with on a daily basis is responding to questions from home buyers – and not getting a reply back. Sometimes the reply comes back with a “stop bothering me” email reply. Huh? But you contacted us? Most Home Buyers today start their research and home…

The cost of “walking away”…

Tweet So you are under contract and you are negotiating those home inspection items and the seller just refuses to address that very last fix. You know the one – the one you swore you would not budge on. That was the one item that the seller just HAD to fix. Home buying is a…

Is it close to METRO?

Tweet This is the question we are often asked by buyers; many of whom are not very familiar with the DC area. METRO; is the name of our mass transit system; which includes subways (which run above and below ground) and a bus system. Because of the design of the train lines (subway); many DC…

Have to Sell before you buy? 1st things 1st !

Tweet There are a great many sellers who must sell their home before they buy something.  However in order to sell – the seller must have something to buy! Yes; but you can’t buy if you have to sell.  What do you do?!   First Things First: Yes; a seller needs to have a place…

What’s a POP-UP and do I care?

Tweet No; I didn’t say Pop-tart - those were a staple of my breakfast diet as a kid.  A “POP-UP” is what is happening all over DC; when a developer buys a row-house and adds (POP-UPs) the top; to add a floor; and ultimately turn the once single-family house; into 3 or 4 condos.   It is…

Should I it sell or should I rent it?

Tweet This question comes up quite frequently and one that many home owners struggle to decide which is the best choice for them.  So what questions might you ask when making the decision to sell or rent out your home?   1) Do you really want to be a landlord? If you don’t want to…

What part of MULTIPLE offers – did you not understand?

Tweet The DC Real estate market has been hot for quite some time now.  Multiple offers for properties in the right location and condition – and of course priced correctly to start – receive multiple offers.  Average list price to sales price ratio in the zip code is at 100.9%   So our new listing (5…

Why do things always break the week of settlement?

Tweet Buyers and Sellers beware – the week before settlement there is a phenomenon known as – “It was bound to break sometime!”.  Yes; that washing machine or garbage disposal has worked flawlessly for years.  The inspector gave it a good bill of health – but fear not – it is the week before settlement….