The One Thing

July 24th, 2017

Have you read it?? “The One Thing” should be on your reading list if it hasn’t already been there. The video will obviously explain the idea of the book better than I could. There’s also “The One Thing” website where you will find more than just a place to order the book. Podcasts, webinars and well you will just have to go find out what else. Read this book!

Danger of Overpricing Your Home

November 8th, 2016

When you’re just beginning to discuss placing your home on the market one of the most important, if not the important, moment is discussing what price you would “list” your house at when you were ready.  Obviously everyone would like to get the highest possible sales price for their home and of course we don’t blame you however when it comes to listing your home there are a few reasons its crucial to list at the right price as there are dangers of overpricing your home that most people don’t think about.

First

You will lose the excitement that a new listing generates

Real estate agents are working with buyers who have seen what is currently on the market and are waiting for something new to be listed. Therefore, the most activity will take place in the first 30 days of a listing. Your home will probably receive it’s highest and best offer during this time. After that initial period, the only people to look at your home will be new buyers in the marketplace

Second

You lose a strong negotiating position when your house is on the market for a long time, both financially and mentally

Prospects will not “rush” to make an offer on an overpriced property, and you may feel compelled to accept less when they finally do.

Third

Overpricing helps sell other, more competitively priced properties first

Your home may be used to demonstrate the good value of other properties. Your objective should be to enter the market in a position that will attract buyers to your home-not to others.

Fourth

You lose the most qualified prospects

Buyers won’t be able to even “make an offer” because they probably won’t see your property. They will view the properties that are priced within their purchase power range, knowing that they cannot afford anything above their range.

Fifth

Your home may become stale on the market

Prospects may wonder why it has been on the market so long or if something is wrong with the property, even after you lower the price. You may even have to settle for less than market value. A house takes on a reputation surprisingly fast, so don’t wear out your welcome on the market. Statistics also show that the longer a home is on the market, the lower the price it eventually sells for.

Sixth 

If you do get an offer, the contract may fall through because of appraisal problems

The Lender must justify the price to the secondary market and as our market changes we are seeing lenders become more conservative in this area.

This is one of the most important reasons to make sure you select the right Realtor. Don’t let an agent “buy your listing” by throwing out the highest suggested list price. While this may sound tempting, it can be very costly to you! A professional and experienced realtor will provide an honest recommendation and will have your best interests at heart!

Give us a call with no obligations. We can take the time to view your property and give an accurate home evaluation.

703-930-7743 or tom@francisreg.com

Danger of Overpricing Your Home

Just Listed in Arlington, VA

September 16th, 2016

New custom Craftsman’s style just listed in Arlington, VA. This masterpiece built by MR Project Management, Inc., features 5 spacious bedrooms, 5 full baths, and 1 half bath with over 5,500 square feet of finished living space. Minutes to I-66, I-495, Dulles Toll Rd. East and West Falls Church Metro, shops and restaurants. Desirably located in the popular North Arlington School pyramid of Nottingham Elementary, Williamsburg Middle, and Yorktown High.

To view more details, pictures, and floorplan visit www.621331stSt.com.

We’re always here to answer questions, 703-930-7743 or sales@francisreg.com.

6213 31st St. Arlington, VA 22207

                                                           6213 31st St. Arlington, VA 22207

Is Summer Over Already?

August 26th, 2016

Is It That Time Already?

 

The time has come, everybody’s getting ready for his or her first day of school. Time flies, we all know it, wasn’t it just yesterday they were learning how to walk?! Now they’re starting pre-school. How about when they were still learning 2+2=4, next thing you know it’s time for middle school and they start a whole new adventure. When the kids are ready for High School you just can’t believe its already that time.  Knowing that you only have so much time until all the school functions and responsibilities begin you want to make the most out of your last weekend of freedom.  Read the rest of this entry »

Top Rated Schools in Northern Virginia

August 19th, 2016

Top Rated Schools in Northern Virginia

Are you looking for a top rated school for your kids to attend? Here in the Northern Virginia Area schools are rated as high as a 9 or 10. Below is a list of schools for all grads, they are in the best school districts in Northern Virginia. All these schools have a high percentage of high school graduates that go on to college. Also, the teachers and education are topnotch. These two school districts are located in Fairfax and Arlington County.  Read the rest of this entry »

McLean/Great Falls Keller Williams Golf Tournament

August 17th, 2016

7th Annual Golf Tournament

imgres-1

As a company that passionately pursues helping clients buy or sell their homes, Keller Williams Realty also has a hand in helping out local charitable organizations in our community. On October 3rd McLean/Great Falls Keller Williams Agents will be hosting their 7th Annual Golf Tournament at Trump National Golf Field. The tournament will be held to benefit the Leukemia & Lymphoma Society (LLS). Since 1949, LLS has been on the forefront of Blood Cancer advances some of which have saved thousands of lives. Currently, LLS has 300 active projects underway to try and find new ways to fight cancer. To learn more about the society and help get involved Read the rest of this entry »

Arlington, VA Real Estate Market July Sales

August 3rd, 2016

SOLD! (4)

Here are the Arlington July market sales! If you are looking to sell or buy in this area, this will give you an updated version of what homes are selling for in Arlington, VA.

4390 LORCOM LN #305, ARLINGTON, VA 22207

List Price: $225,000 Close Price: $219,000

1 Bedroom 1 Full Bath Read the rest of this entry »

Falls Church Real Estate Market Sales

August 1st, 2016

SOLD! (3)

Here are the Falls Church, VA Real Estate Market July Sales!

2311 PIMMIT DR #811, FALLS CHURCH, VA 22043

List Price:  $182,500 Close Price:  $175,000

1 Bedroom 1 Full Bath Read the rest of this entry »

Fairs and Festivals

July 27th, 2016

Fairs and Festivals Season!

It’s Fairs and Festivals season, see which ones are closest to you! There are events as far as Warrington, VA but as close as Arlington, VA. Also, there is a large variety of fairs and festivals for you to chose from, for example: wine and food, music, even cultural Greek Festival and many more. Don’t miss out on all the summer fun and find the Fairs and Festivals that are close to you: at http://www.northernvirginiamag.com/entertainment/entertainment-features/2016/07/25/fairs-and-festivals/

safe_image

Fun and Exciting day at the Carnival on the Ferris Wheel

Fun and Exciting day at the Carnival on the Ferris Wheel

Home Decorating Tips

July 20th, 2016

3 Helpful Decorating Tips

1. Find a Color Scheme 

Color sets the mood and feel of the space you are decorating. Do you want it to be cozy? Chic? Modern? Sophisticated? Elegant? Vintage? Country? mixture of feelings? The best place to start, depending on the theme, is figuring out what colors will help you achieve the appearance. The most important is the color of the walls because it sets the tone for the rest of the room. After you choose a base color, find a couple accent colors that compliment the walls. Accent colors play a key role in the “feel” you are looking to accomplish.  Read the rest of this entry »