exclusive buyers agent: What to Know About Moving to Northern Virginia
- 01/06/22 04:34 AM
Northern Virginia a popular area to relocate in the Greater Washington DC areaThe Pentagon, Foreign Service Institute, US Marshalls Service, National Science Foundation, DEA, and TSA are a few of the federal agencies in Arlington, McLean, Alexandria, Rossyln, and Crystal City.
Northern Virginia is a short drive to the Shenandoah Valley and the Blue Ridge mountains. Hiking and biking trails like the W&OD trail and Great Falls give outdoor enthusiasts the opportunity to see this beautiful state and all it has to offer.
When members of the military get a permanent change of station or PCS there is much to do in a short … (2 comments)
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exclusive buyers agent: Charming Fells Point in Baltimore
- 12/27/21 01:11 PM
Have you been to Fells Point Baltimore?
Fells Point is one of the oldest neighborhoods in the city of Baltimore. Today, Fells Point is known for its cobblestone streets and excellent bars and restaurants. However, the history of Fells Point is much more impressive.
Fells Point is home to the Baltimore Clipper- small fast sailing vessels that disrupted the British Navy as they lumbered on their big ships through the Chesapeake Bay during the War of 1812.
One of the most famous Baltimore Clippers was the Chasseur which sailed from Fells Point to the British Isles where the ship's captain declared a naval … (0 comments)
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exclusive buyers agent: What Does Low Inventory Mean for HomeBuyers?
- 12/26/21 09:35 AM
Housing Inventory is Historically Low Across the CountryThese are challenging times for homebuyers! When housing inventory is low and demand is high, you face competition for houses. Last week, homebuyers I've been working with for several months now made a very strong offer on a house in a popular location in suburban Maryland. The sellers choose another offer after reviewing 14 other offers! Unfortunately, this is an all-too-common occurrence. How Does A Homebuyer Prepare for this Market? Talk to a lender and learn what options are available for you and your specific financial needs. Can you pay all cash for a property? … (0 comments)
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exclusive buyers agent: Next Job...Apple Genius Bar Associate
- 12/02/21 11:30 AM
I upgraded my Mac to Monterey last week and all hell broke loose
First, my space bar wouldn't work. My sentences all ran together like a crazy woman's rant! At about the same time my space bar failed, a blue box appeared on the screen. It was square in shape and wrapped around whatever I was typing.
I went to Google to search for answers and found lots of people with similar problems. One answer was to open my computer in safe mode and follow a few simple steps. That didn't work. Another suggested turning the computer off and on. That didn't work.
I … (4 comments)
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exclusive buyers agent: Is the house you want to buy in a flood zone?
- 11/12/21 08:04 AM
The FEMA Flood MapAccording to the National Oceanic and Atmospheric Administration, flooding happens in every U.S. state and territory and is a threat anywhere in the world wherever it rains.
You've likely seen terrifying videos of flash flooding or flooding that covers city streets and roadways. With more severe weather, there will be more flash floods and flood warnings.
The risk of flooding should not be ignored when you are buying a home. You may think the only areas prone to flooding are close to large bodies of water but this is not the case.
The surest way to know if an … (2 comments)
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exclusive buyers agent: What is an earnest money deposit?
- 11/06/21 05:56 AM
When writing an offer on a property, an earnest money deposit is typically included with the offer. The earnest money deposit or EMD as real estate agents call it shows that you, the buyer are serious about your offer on a property.
This money is a pledge showing the seller you are 'earnest' about your offer.
While not a requirement, it's customary to indicate on the contract that an earnest money deposit is included. In most parts of the country, the earnest money deposit will be between 1% and 5% or more of the purchase price. This money is held in … (4 comments)
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exclusive buyers agent: Buying a Home in Maryland? Let's talk
- 10/15/20 01:04 PM
Should you put your house buying plans on hold?
"Is it still crazy competive for buyers right now?" and "Is it possible to get a deal on a house for sale?" are common questions from home buyers these days. My answer to both questions is, Yes!
According to new September 2020 data from the Maryland Association of Realtors, in 2020 the active inventory meaning the houses for sale through the Multiple Listing Service is 10,117. In 2019 there were 25, 146 homes for sale.
In addition, the average days a house stays on the market for sale in Maryland in 2020 is 8 days. … (3 comments)
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exclusive buyers agent: Guide to Buying a Home During the Pandemic
- 09/14/20 10:57 AM
Does finding a home feel like an impossible dream?
As an exclusive buyers agent, I help people buy homes and it's tough out here. Last night one of my buyer clients sent me a text saying, "Did you see what the house on 13th sold for? $80,000 over the list price!" My clients offer was one of 15 offers for the 1500 square foot rowhouse.
My client made a decent offer for the rowhouse on 13th in N.E. Washington DC. He even decided to escalate a little over the list price and keep the appraisal contingency. But as I told him, you can't … (3 comments)
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exclusive buyers agent: Listen Up Homebuyers Podcast
- 09/02/19 05:55 AM
This new podcast features buyer agents from all around the country. In this first podcast, Andi Defelice, Associate Broker with Exclusive Buyers Realty in Savannah Georgia talks about VA loans, obtaining seller credits and more!
Here's a link to the podcast, Listen Up Home Buyers
… (1 comments)
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exclusive buyers agent: First Time Home Buyer Class this Saturday!
- 06/04/19 05:35 AM
Considering your first home purchase?
Learn how to buy a home from true buyer agents in our comfortable office setting in downtown Bethesda Maryland.
Saturday, June 8th
9:30 am at 4849 Rugby Avenue Bethesda Maryland 20814
The ninety-minute comprehensive workshop is free but space is limited to 20 people. The instructors are Lynn Spiegel, Stephen Mercer, Marshall Henderson, and Victoria Ray Henderson-experienced true buyer agents and members of the National Association of Exclusive Buyer Agents.
You’ll be given educational materials and the class will cover several critical home buying topics, including, but not limited to, the following:
· An overview of loans and what type of loan may work best for your situation
· An explanation … (3 comments)
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exclusive buyers agent: How Not To Be A Bitter Buyer
- 04/09/19 12:06 PM
The escalation clause is used by home buyers who are competing with other buyers in a multiple offer situation.
Photo by Ryan Franco on Unsplash
In the Greater Washington DC area, buyers are competing for houses on the market near a Metro station, shops, and restaurants. In Arlington Virginia, where the Amazon headquarters will soon be located, the competition is tough. Last week, we submitted a contract on a one bedroom condo in Arlington and ours was one of twelve offers! We included an escalation clause which looks something like this;
Sales Price $350,000 with an escalation factor of $1000 and a cap at $365,000
This means the … (3 comments)
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exclusive buyers agent: Why Consider an HOA? Wordless Wednesday
- 04/03/19 04:14 AM
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exclusive buyers agent: 5 Top Tips for Visiting Open Houses
- 03/22/19 06:38 AM
The real estate agent at an open house works for the seller.
In many states, there is a sign, usually next to the sign in sheet, saying the agent at the open house works for the listing brokerage and the seller.
If you are new to the real estate game, be polite to the open house agent but don't divulge too much about your personal situation. You don't want to compromise your bargaining position if you intend to put an offer on a house.
Here are a few tips on what to do when visiting an open house.
Don't show your hand-Remember, the … (27 comments)
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exclusive buyers agent: Homes in Virginia's Shenandoah-Wordless Wednesday
- 12/05/18 05:24 AM
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exclusive buyers agent: Should You Consider a Post Occupancy Agreement
- 09/24/18 11:56 AM
A post-occupancy agreement happens when a buyer & seller agree to allow the sellers to stay in the property after settlement.
Photo by Roberto Nickson (@g) on Unsplash
When it goes well, the seller leaves the property on or before the agreed upon date. The buyer completes the final inspection with their buyer's agent and finds no problems. At that point, buyer & seller agree to release the security deposit funds (security deposit from the seller held in escrow by the settlement attorney) and everyone is happy!
But the post-occupancy agreement can get complicated and messy especially when the buyer and/or seller don't understand how it works. So here … (10 comments)
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exclusive buyers agent: 5 Things to Know When Buying a Home from an Owner
- 09/19/18 08:14 AM
We recently worked with a buyer who purchased a house for sale by owner. The owner was actually a flipper who had hired a listing brokerage to put the property into the Multiple Listing Service. The owner was the point of contact and handled all the negotiations.
Top 5 things to know to protect your best interest when buying a FSBO
THE SELLER DOESN'T KNOW WHAT SHE DOESN'T KNOW - Every jurisdiction has addendums and requirements which become part of the contract. Several of these addendums are provided by the seller. For example, in Montgomery County Maryland, it's mandatory for the seller … (2 comments)
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exclusive buyers agent: Big redevelopment plan at the RFK Stadium
- 09/17/18 09:58 AM
New recreational fields, walking & biking trails and a large pavilion at the old RFK Stadium parking lot.
Twenty-seven acres of asphalt parking lots will be transformed into a 217,000 square foot sports complex. The $489 million dollar redevelopment project will include soccer, lacrosse and baseball fields. A pedestrian bike path will be linked to the existing Anacostia Riverwalk Trail. There will be picnic areas and several playgrounds.
A 47,000 square foot market hall for food vendors 350,000 square foot indoor sports & entertainment facility Construction on the RFK sports complex started this month and is expected to finish the first phase … (0 comments)
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exclusive buyers agent: Hang Up Your Phone and Live Your Life
- 08/28/18 03:01 PM
Hearing a baby in distress is upsetting.
I was standing in line at the grocery store and I heard a baby's muffled cry. I did a quick scan of the area and didn't see the baby. Then she cried again and I saw her. She was scrunched onto one side of the baby seat of the grocery cart. Her head was hanging over the side of the cart and her feet had slipped onto the seat. She was in trouble! The baby's mother was standing right in front of her but her back was turned and she was typing furiously into … (20 comments)
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exclusive buyers agent: Unbelievably Bad Real Estate Photo
- 03/07/18 10:27 AM
This is what not trying at all looks like...
Every morning, I go through new homes for sale on the Multiple Listing Service. I'm not surprised to see dark or fuzzy photos, but this morning I saw a picture of a front door-
SIDEWAYS!!!
Seriously?! Couldn't take the time to click rotate on the picture?!
Don't worry, these aren't the pictures from the MLS-it's my door.
If you are listing a property for sale, pay a professional photographer or at least take the time to edit the pictures. The seller has put their trust in you and expects you to properly represent their home.
Here's what I am looking … (9 comments)
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exclusive buyers agent: Spring Day in late February
- 02/21/18 09:36 AM
Dobby settles in on the porch
… (10 comments)
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Northern Virginia a popular area to relocate in the Greater Washington DC areaThe Pentagon, Foreign Service Institute, US Marshalls Service, National Science Foundation, DEA, and TSA are a few of the federal agencies in Arlington, McLean, Alexandria, Rossyln, and Crystal City. 
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