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Home Selling in Ashburn : Real Estate Advice

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  • Local Info10
  • Home Buying54
  • Home Selling9
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Activity 21
Wed Sep 27, 2017
Kathy Burgreen answered:
Brokerage commission fees are negotiable. So are the terms of the listing contract. You do NOT have to agree to 6% or sign a listing contract for 6 months or longer. You can sign a contract for 1 month. What you need to expect is the realtor to fight back and convince you why they deserve the commission fee and why you need to sign a contract for 6 months or 1 year.

So as a former realtor, let me educate you. First - the terms of the contract. Realtors want a 6 month - 1 year contract to cover the time from the 1st day of the listing to the closing date. HOWEVER, this gives realtors up to 5 months to do absolutely NOTHING, then suddenly in the 5th month, they suddenly work hard trying to find a buyer because your listing contract is about to end. The best time period to sell homes is within the FIRST month. In 99.9% of all listings, if the home does not have any offers after 3 weeks, the realtor will strongly convince you to lower the asking price. This could be a red flag due to a lazy realtor, a realtor who "bought" the listing and over priced your home or a realtor who priced your home to sell but did not d a good job marketing your home. Either way, you did not get any offers after 1 month. Since you won't know the truth, it is in your best interest to sign a 1 month listing contract and see how your realtor performs during this month. If you don't have any offers after 1 month, say goodbye and find a different realtor. I happen to know in northern VA, it's a hot seller's market and offers should come thru quickly - provided your home is in good condition and within a reasonable commute to D.C.

As for the commission fee itself, I noticed realtors are trying to get a raise, so the new concept is to have buyers pay a small portion of the commission fee. You can pay 6% for example or you can pay 4% and have the buyer pay 2% for example. BEWARE - buyers need the cash to pay for the down payment, closing costs, moving expenses, etc. so their cash is tight and most buyers do not have cash to pay a commission fee.

Another option is to use a Flat Fee Broker. This allows you to have your listing posted in the MLS for a small fee and you are still selling by owner. Google it.
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Thu Aug 17, 2017
Benjamin Johnson asked:
Sun Feb 26, 2017
Jeff Holloway answered:
I'm an agent and professional real estate photographer. I pull on the heart strings of potential buyers. If you had 15 homes to show... mine would be at the top! For my sellers... it means MORE showings which mean MORE offers at higher prices. Of course the clients are delighted. The single most important investment an agent can make is getting GREAT photos. A picture says a thousand words... MAKE them count! ... more
0 votes 18 answers Share Flag
Wed Oct 12, 2016
Laurie Hailey answered:
Joanne, the value would be figured in with the comps for the development and the extent of the work that was completed in the basement. Did it add any bedroom space? Did it add any bathroom space? Does it have an exterior entrance? Are there other homes in the development that are for sale??? Do they have finished basements? I have sold quite a few Toll Brothers Homes, a very good quality builder in desirable communities. Please contact me if I can help. Thanks ... more
0 votes 1 answer Share Flag
Tue Jul 28, 2015
Scott Godzyk answered:
You can not just change thd status, it has to be entered as a new listing, but by a licensed agent as Trulia does not accept for sale by owner listings
0 votes 3 answers Share Flag
Sat Apr 18, 2015
Noah Seidenberg answered:
Sun Apr 12, 2015
Jean-Leon Magnotto answered:
Are you an agent or broker ? Trulia does not allow FSBO's. A quick google search will bring up several sites that do. Good luck !
0 votes 1 answer Share Flag
Tue Mar 25, 2014
Kevin Carter asked:
Are you looking for a detached home, larger home, a garage, newer home, different school, better commute, more bedrooms, etc?
0 votes 0 Answers Share Flag
Tue Aug 20, 2013
answered:
If you qualify with both payments and are comfortable with keeping then perhaps it is a good option to rent. If you would like any help determining how this would look with us please call or email below.

Greg Bleyl
216-496-0211
greg.bleyl@charteronebank.com
NMLS 117969
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0 votes 12 answers Share Flag
Thu Mar 21, 2013
Ram Das answered:
Michelle,

You can list the house prior to min 3 months of your new home closing date in the current market.

The reason is you have enough time to market and sell your house and make the funds available for the settlement of the new home. And you can request the buyer to allow you to rent the house for a month or two any thing changes in the settlement of your new home.

Feel free to give me a call if you need any assistance.

Ram Dasaradi
Long and Foster Realtors
571-265-9432
WWW.yourdreamtoreality.com
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0 votes 6 answers Share Flag
Wed May 23, 2012
Vicky Chrisner answered:
This chart shows the last year averages for townhomes in 20148: http://www.rbintel.com/statistics/zip-code-report?zip=20148 In April it was 40 days. Other reports here we can narrow down by price and status show average 48 days on market for those that are sold; 32 days on market for those that are under contract; and 187 days on market for those that are active. Skewing that last stat is new homes which are general listings for extended periods of time - not for a specific home. I hope this helps. I would love to talk with you more about what to expect when listing your home in today's market. If you're not quite ready to talk to someone, you can order an automated report from www.SalesInMyNeighborhood.Info which will show you the closest (geographically) homes to you that are currently being marketed for sale or that have recently sold. Best of luck.

More info on general market conditions is available on my web site under "Market Stats" - check it out.
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0 votes 4 answers Share Flag
Fri May 18, 2012
Steve Campot answered:
It is all negotiable. If you need a great negotiator please contact me. Check out my website at: sgcrealestate.com.

Good Luck!
0 votes 3 answers Share Flag
Fri May 18, 2012
Vicky Chrisner answered:
The down side is flight noise, the up side is "convenient to Dulles" - and I for one love being close to Dulles. The down side is that the home faces the road, the up side is that there isn't another home there. For every down side is an up side. However, some things are valued more than others and therefore all these things must be taken into consideration when pricing. I am happy to provide an opinion on marketing and sales prices if you'd like to connect me. ... more
0 votes 7 answers Share Flag
Tue Jul 26, 2011
The Beiser Team answered:
First step would be to find a reputable Realtor who markets in your area. Set up an appointment and have that agent give you a market analysis. That will help you determine what the best move will be based on current market activity. If the market shows condo's are not selling, then renting may be the best option, or vise versa if the market is good.

Good Luck!
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0 votes 2 answers Share Flag
Sun Mar 20, 2011
Thierry Roche answered:
It has been going up. But more importantly we are finding that those townhomes that are being sold with no money down financing wrapped around them are getting a premium of 2-3%. Inventory is lower than this time last year, and buyer traffic is up almost 10% over last year. So combined, it is almost a 20% delta difference in the total buyer to seller ratio. ... more
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Sat Sep 5, 2009
Vicky Chrisner answered:
You've gotten some good answers. I am surprised that you are not eligible for a HASP mod if Fannie is the backer of your loan, but some lenders aren't doing them (what lender is it, by the way? if there's any chance it is BofA, I know a couple VPs and maybe could get an additional review for you of your loan). I have an outline from a presentation they did for us which may help you understand the process: http://h1.ripway.com/vchrisner/HASP.pdf Having said that, the typical "adjustment" under a modification is $40, so don't be overly optimistic. I work in Ashburn, and if I can help you, please let me know. Below, I am linking to my blog which outlines (in almost too much detail) what to expect with a short sale. I chose Pt 2, but please review them all. It starts with "why should a seller consider a short sale". Hope it helps. ... more
0 votes 7 answers Share Flag
Mon Aug 17, 2009
Abe Mills answered:
Themrs,

Please contact me, I know an investment group that could help depending upon the situation. This is not a joke, I have seen them help folks in your situation. Contact me through my website if interested. ... more
0 votes 13 answers Share Flag
Thu Feb 12, 2009
Dawn Shoults answered:
Gosh! What a tough place to be in with your realtor! First , I will start by saying I've been in the business for 15 years, and I mainly sell condos in Destin, Fl since it is a resort destination. With only 1 month remaining on your listing contract, I would still set up an appt. with the agent to re-evaluate your property. If she never calls back- call her broker- get them involved. Your goal is the same --to sell your condo. As an agent, I see a major problem with you as the seller being in the condo while a showing is taking place. A true buyer needs to sit on your couch, imagine their furniture placement, and imagine them living in your condo etc.. They feel too uncomfortable while you are there. The buyer is not going to tell you the owner any negative feedback. I would set up certain time frame that the condo could be shown during the day so it does not interfere with your babies naps. (ex. showings 8am-11am and 2pm- 5pm) Make it fit your schedule. It could be in the mls printout sheet for all agents to abide by. The broker can also help by helping you select another realtor to fit your personality and needs. Good Luck!!! ... more
0 votes 16 answers Share Flag
Sat Jan 24, 2009
Deb Crosley answered:
I live in Loudoun County, and am a potiential home buyer. The tax assesment I do use as a guide, as they are on public record and should usually follow +/- from the actual value. Some here in Loudoun went down over $100,000. Also, in Louduon, lower assesments do not mean lower tax bills, since they are raising the tax rate.....21cents. ... more
1 vote 5 answers Share Flag
Sun Aug 10, 2008
Danilo Bogdanovic answered:
Welcome. If you'd like more information about the Loudoun County real estate market, feel free to check out http://www.LoudounScene.com and http://www.LoudounForeclosures.com.
0 votes 2 answers Share Flag
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