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.
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.
We explain the cost of not selling. That includes paying the mortgage, insurance, utilities, etc., plus the cost of any further price declines.
We compare the price per square foot. Show the seller the prices of comparable homes sold on a price-per-square-foot basis.
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.
We show them the goods. Take sellers on a tour of competing properties and show them the online tours of those that sold previous.
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.
Reviving A Stale Listing In 22314 In Alexandria In 22314
Do you have a abode similar to 124 Roberts Ln #201 in Alexandria that hasn't sold? Did you know that in Fort Ellsworth:
Reviving A Stale Listing In Alexandria, Virginia In Alexandria
Do you have a property similar to 301 N Beauregard St #114 in the City of Alexandria that isn't getting any action? Did you know that in The Fountains:
Stuart explains something to his father Will Nesbitt while at the office
Nesbitt Realty has access to important information on real estate values, taxes, utility costs, COA fees, municipal services and facilities. Nesbitt Realty uses this information to filter properties and then shares this information with you so that you can make your most informed decision possible. Nesbitt Realty researches your housing needs in advance through the Multiple Listing Service - even if you are relocating from another city. We also understand the traffic patterns of the Metro area and why some areas are more desirable than others.
Nesbitt Realty has no emotional ties to the condos or homes you may be considering for purchase. As such, we can be objective about the property and can point out advantages and disadvantages while answering your questions. Your Nesbitt Realty agent represents you, the buyer, in the transaction. Nesbitt Realty will negotiate the most favorable price and terms on your behalf. Nesbitt Realty can tell you if local law requires an attorney at closing and can provide you with a list to choose from if you don't have one.
Nesbitt Realty will help familiarize you with the closing process by explaining it all in advance. And your Nesbitt Realty agent will be there with you at closing to make sure that everything proceeds properly.
Nesbitt Realty is part of a network of professional colleagues, such as appraisers, home inspectors, mortgage lenders, contractors and insurance agents - through which you may be more completely served.
Nesbitt Realty shows you only those homes best suited to your needs - size, style, features, location, accessibility to schools, transportation, shopping and other public facilities.
Contact Us
Call 703 765 0300 or email us. We'll care about you.
A real estate brokerage serving Alexandria, Arlington and Fairfax County
Beyond being the winning bidder, how do you make sure you are working with the best Realtor for you? Here are a few steps to take before choosing the right Real Estate Agent to work with
Seeking advice on finding a Realtor? Sixty-eight percent of all Realtor business comes from personal referrals, so ask friends, family, and neighbors.
Interview several Realtor to find someone you are comfortable with. “If you interview them for any length of time you’re going to figure out their sincerity and how well prepared they are,”.
How many transactions has a Realtor done? “I would certainly want them to have 8-10 transactions in the area that you’re considering. They’ll have the experience necessary.”
Ask a Realtor how often they will communicate throughout the home buying process.
Do business with a Realtor that understands how to use technology. “Listings come on the market quickly. A good Realtor will have access to see listings that come on first.”
By following some of these easy rules you can find the right Realtor for you!
Listing your home can be one of the biggest decision someone makes. When getting your home ready for sale you can face some challenging choices. Here a couple of things to avoid when getting ready to put your property on the market. If you can follow these easy steps it will help you as a seller become more market ready.
Don’t Delay. When putting on your home on the market timing is everything. Every day you delay is another day you could be missing out on the person looking for your home
Don’t Personalize. It is important to make your home your own while you are occupying the property but when it comes time to sell neutrality is the best option.
Don’t Self-list. Using a Real Estate Agent can make all the difference when selling your home. Their knowledge and experience can be one of the biggest contributing factor in getting your home sold.
By following these simple steps you will have no problem getting your home sold!
3 Things to Do
1. Take Great Pictures. Nesbitt Realty always uses professional photographers for sales listings.
2. Clean and clean again. After you get done cleaning your home, call in a professional to "detail" the home.
3. Educate yourself. Rely on a trusted Realtor to inform you about current market conditions, not just locally but hyperlocally in your neigbhorhood.
Old Town Alexandria has several parks next to the water. During the summer time pick up volleyball games happen often. Along Union St. there are parks that have a dog park, trails, a basketball court, a playground, and plenty of green grass . These parks are a great resource within walking distance of several neighborhoods.
Condominiums near the volleyball courts include Alexandria House and Port Royal and Old Town Commons. Old Town is a very walkable area. Grocery stores in the area include Safeway, Trader Joe's, and Whole Foods.The nearest metro to the parks is King Street metro station.
The volleyball courts are near the Torpedo Factory
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.
Will Nesbitt in the consultation room
I'm going to buy a home, what's the process?
Go to your bank or lending institution to obtain pre-approval. As part of this you will discover what amount it is willing to lend. This is important both to know your budget and to ensure that your offers are accepted. Failure to pre-approve can ruin your chances for success later.
Sit down with a Realtor to see what's available, what meets your needs, and to discover the hidden dangers in home buying.
Once you have found a property you wish to buy you can proceed with an offer. Your Realtor will provide invaluable assistance by performing a competitive market analysis, a snapshot of recent home sales and their amounts, to determine what will make an offer that gets you the best possible price, without having the seller walk away.
The seller reviews the offer; if it is rejected, the seller may make a counteroffer. This process can continue back and forth until both parties ratify and accept the offer making the offer a ratified contract.
A ratified contract then puts into motion a host of background tasks that proceed invisibly to ensure your new home is in good order:
Home inspected for condition, damage and hidden surprises
Appraisal to ensure the banks investment is covered by the value of the home
Loan approval to secure funds for the purchase of your home
Title Search to ensure the seller really has full right to sell your home
Walk-through inspection to ensure nothing changes at the last minute with the property
At settlement the lender's money and the title transfer come together to deliver you ownership of your new home.
Now it's time to move in!
For more information or to set up an appointment call Julie at (703)765-0300.
Selling A House As Is: What Does It Mean To You As The Buyer?
What goes through your mind when you see the term "as-is" in a property listing in Arlington? While some people may see this as a warning, others like real estate investors may see it as an opportunity. But what exactly does "as-is" mean?
5 Questions to Ask a Home Inspector in Northern VA
Home buyers in Northern Virginia are well advised to interview a home inspector before hiring that inspector. What should you ask if you're going to hire a home inspector in Arlington, Alexandria or Fairfax County? Here are a few ideas for questions.
Title insurance protects the policy owner against loss in the event that the property’s title or legal ownership is something other than insured. It helps ensure that the property owner is assuming clear title for the real estate being purchased. Title insurance is different than other types of insurance in that it offers protection against…
Today we're featuring this property for sale at River Towers in Alexandria Virginia. We highlight properties that are interesting, unique or just good deals. This 1 bedroom property is listed for $168,000. We like to keep our eyes open for home buying opportunities for our clients.
Real estate agents are licensed real estate professionals. The Commonwealth of Virginia requires that licenses be posted in a prominent place in the office of the real estate broker. If you don't see that license, ask if the agent is licensed and ask if the license is current. Agents also carry a license on their person.
Agents are required to train and take courses, so ask about your agent about their training, and about what resources they use to locate either properties for sale or prospective buyers. If you are buying or selling a home, make sure the real estate agent has access to the MLS (Multiple Listing Service). The MLS charges agents a pretty hefty monthly fee and believe it or not some agents let their access to the MLS lapse. Make sure your agent has full access to the MLS.
If you are selling property, ask your realtor to provide you with prices of comparable properties sold in your area so you can be sure you are listing your property for a fair and reasonable price. This is called a Comparative Market Analysis or CMA. A CMA can help you and your agent determine how long it takes the agent on average to sell property. This can also help point to the best marketing plan for selling your property.
Buyers should ask about the type of properties the agent specializes in, condos, commercial, townhouses, luxury, area, etc. Also as a buyer you should provide the agent any additional information about things like local schools and community information.
Buying and selling property can be simple with the help of a good real estate agency. Spend the time to find the right real estate agency for your needs.
We appreciate the opportunity to show what we can do for your business. Contact us to learn more about what we can do for you.
For more information or to set up an appointment call Julie at (703)765-0300.
Island Creek is a community of town houses and detached homes located in Alexandria. If you are looking for an investment property Island Creek may be the place for you. Over the past decade both sales price and rental price have been steadily increasing. In the last decade the rental price has nearly doubled making this a great opportunity to invest in. With this continued growth and promising future Island Creek could be your next great investment!Continue reading
Last year Belle View was sunny more than 65% of the year! With the weather warming up it is time to take advantage of these beautiful days. Belle View has much to offer for the sunny days to come. You can enjoy a walk around the neighborhood and stopping by the Belle View gazebo or one of the many parks in the community to enjoy the weather. Once it begins to warm up, there is no better way to sit back and relax than laying by the Belle View pool. Belle View is a great community to enjoy the sunny days to come! Take a minute and check out these great properties available in Belle View
Available Belle View Properties
Real estate agents are licensed real estate professionals. The Commonwealth of Virginia requires that licenses be posted in a prominent place in the office of the real estate broker. If you don't see that license, ask if the agent is licensed and ask if the license is current. Agents also carry a license on their person.
Agents are required to train and take courses, so ask about your agent about their training, and about what resources they use to locate either properties for sale or prospective buyers. If you are buying or selling a home, make sure the real estate agent has access to the MLS (
Island Creek is a community of town houses and detached homes located in Alexandria. If you are looking for an investment property Island Creek may be the place for you. Over the past decade both sales price and rental price have been steadily increasing. In the last decade the rental price has nearly doubled making this a great opportunity to invest in. With this continued growth and promising future Island Creek could be your next great investment!
Last year Belle View was sunny more than 65% of the year! With the weather warming up it is time to take advantage of these beautiful days. Belle View has much to offer for the sunny days to come. You can enjoy a walk around the neighborhood and stopping by the Belle View gazebo or one of the many parks in the community to enjoy the weather. Once it begins to warm up, there is no better way to sit back and relax than laying by the Belle View pool. Belle View is a great community to enjoy the sunny days to come! Take a minute and check out these great properties available in Belle View