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This is the place to view the past and present contests put on by ActiveRain and its members. Everyone can join the
group and help encourage each other. Current contest will be highlighted posts so it's easy for you all to see. Let it
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AR's community takes the time to leave honest and transparent reviews of their experiences
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Whatever it is you're into and wherever you are, AR surely has a group for you to join.
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Each month AR runs numerous contests as a way for our members to engage in activities
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Do what's good for you and your business by participating
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Ask a Real Estate Question
Here's another avenue for you to build relationships with others. Share your expertise with someone searching for answers.
Play the teacher role and help someone out today
Your Homepage will alert you of new questions in your state
A wonderful way to open a door to a possible new client
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These state pages or hyper-local pages provide content directly related to a specific geographical location.
State, County, City and Neighborhood pages make it easy for consumers to find what they're looking for.
Post your listings, school information, local events, market reports and more
Consumers peruse these pages for information
Farm your niche market and cover all the happenings in your neighborhood
I recently worked with a lovely couple who were looking for a home in DC. They wanted an older home with charm and at least 3 bedroom and two baths. They didn’t mind if it needed updating, but wanted no major renovation projects. It should be near a metro, for resale purposes. And, most importantly, they wanted to be able to put a rental apartment in the basement.
We looked at homes for a while and of course, the longer we looked, the more their needs and desires crystallized. A yard became more important, so we added that to the mix. Perhaps they were willing to do a bit more than simple updating – so we looked at fixer-uppers as well.
We put in a few offers and lost out in some competitive situations. One house they walked away from because the home inspection revealed too many extensive issues. Finally, one day we looked at two similarly priced homes that my clients liked, but could not be more different.
House #1 was move-in ready. It was an updated, 3BR/2BA rowhouse in a good neighborhood, had a great layout and a spacious basement. It had off street parking, but absolutely no yard. And, it was near a metro!
House #2 was a detached home in a slightly better neighborhood and on a really pretty street. This home was very spacious with 4BR/2BA, an OK basement, a huge yard and a garage. But this home hadn’t been updated since the 60s. It needed everything. And, it was not near a metro.
My clients went back and forth for days. They had lots of questions about resale value and felt that House #1 was the better value. But House#2 had so many special and unique features that they liked. They didn’t know what to do – they were stuck. Finally, I said to my clients, “the house you choose will not just be an investment, it will be your home. You have to live there. You should love it. Choose the home that you will love coming home to.”
The next morning they called. They had chosen House #2. They just loved it – for tangible and intangible reasons. They felt like it would be worth all of the time and effort they would put in to it to make it their dream home. Hooray for them!
My advice to clients is to always consider resale value when buying a home, but not to the exclusion of other factors. It’s still your home, after all.
Djana Morris - Washington DC - Virginia - Maryland Real Estate
Serving the Washington DC area with Long and Foster Real Estate. I would love to help you buy or sell any home in the DC real estate area including MD real estate and property in Virginia. Contact me anytime for a free CMA on your current property or to get listings emailed to you on Washington DC properties.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.