Follow along with myself, your DMV Real Estate Gal, to catch unique insights about the real estate market, buying and selling strategies, and steps in the process you hadn’t yet considered. Real estate in the greater DMV market is competitive and fast-paced. Knowledge will be the key to your perfect home!
Coming Soon Status Explained
The optional Coming Soon status of a listing is somewhat a mystery and often misunderstood by both buyers and sellers alike. But this stage can make a big difference to all parties and is truly an important tool that is offered in our market. When a home is marked as Coming Soon, it usually meansContinue reading “Coming Soon Status Explained”
Seller 101: Prep Your Home to Sell!
Admittedly, most homes currently listed on the market are “flying off the shelf.” Limited inventory has created pent-up demand from buyers that has fueled this wildly unbalanced sellers’ market. That said, even though homes are currently selling quickly and escalating, it is still important to take the right steps to prepare your home for theContinue reading “Seller 101: Prep Your Home to Sell!”
Home Buyer 101: 5 Top Recommendations to Compete
For today’s topic, I am going to make it short and sweet. Last week, I posted about the market and how it heavily favors sellers. Today I’d like to focus on different tools buyers can add to their tool belt to make themselves more competitive in this market. The five recommendations below can be doneContinue reading “Home Buyer 101: 5 Top Recommendations to Compete”
Market Update: Spring 2022
I’m starting my Spring 2022 update with the above graphic because I believe the statistics really do speak for themselves. A “balanced” market, meaning there is equal leverage between buyers and sellers, is considered to be 6 months of supply. You’ll see in the statistics above furthest to the right, in our area, there wasContinue reading “Market Update: Spring 2022”
Escalation Addendum 101
Hope everyone is enjoying the beautiful fall weather while it lasts in the DMV. Today we are going to dive into the escalation addendum, which is usually included as part of an offer in a competitive situation. It is beneficial for both buyers and sellers alike to understand this form, as buyers will likely includeContinue reading “Escalation Addendum 101”
Market Update: Fall 2021
We’re officially in that season of happy haunts – one of my favorites to kick off the holidays. With that, I think it’s important to give an update on the real estate market and the latest trends for buyers and sellers post Labor Day. As many of you probably already know, there’s almost always aContinue reading “Market Update: Fall 2021”
Dual and Designated Agency
Today let’s talk about dual and designated agency, which is applicable to both purchasing and selling. To give you simple definitions: Dual agency – when one agent represents both the buyer and the seller. Designated agency – when two agents from the same brokerage represent the buyer and seller separately. Our team will not doContinue reading “Dual and Designated Agency”
Seller 101: Importance of Staging
Hello to all those home sellers out there. Today, I’m going to cover the topic of staging. In terms of to-do items, this will usually fall on my list immediately after a home has been visited by contractors and cleaners, and is almost ready to hit the market. I always educate sellers on why IContinue reading “Seller 101: Importance of Staging”
Home Buyer 101: Association Doc Review Period
One important safety net you, as the buyer, have in your corner when purchasing a home in either a condominium association or home owners association (HOA) is the governing documents review period. When a seller lists a home that is part of an association, by law they are required to deliver these documents to theContinue reading “Home Buyer 101: Association Doc Review Period”
Home Buyer 101: Appraisal Contingency
Forgive me, friends – I did take last week off. It’s been a busy spring real estate season over here! Today we will cover the appraisal contingency in depth. So let’s start with the basics. What is an appraisal? Your lender will require that an objective third party (an appraiser) visits the home to assessContinue reading “Home Buyer 101: Appraisal Contingency”
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Alli Collier 