Winning Requires Winning Strategies
Holy smoke! Have you seen how quickly well-prepared and well-priced housing inventory is flying off the market? And have you seen the multiple offers escalating above the original asking price?
Understandably, home owners are licking their chops. The atmosphere of selling certainly has its appeal for immaculately maintained properties priced to attract buyers.
The flip side to this, of course, for buyers, is wondering: "How many offers will we write before we present the winning offer? How much above the asking price are we willing offer before we hit the point of walking away from it?"
These are questions that come with the territory, but the course is different for each client with whom I am fortunate enough to represent.
For some, it is like my first track race in high school, where I hit half the hurdles, but swiftly got back in the game to cross the finish line. For others, perhaps it is worth considering properties that need some cosmetic improvement, but come at a lower price and without competition driving the price skyward. Perhaps it is worth looking at neighborhoods near their target neighborhoods. And for others, it requires simplifying the terms of their offer.
Presenting a unique set of strategies to my clients is an exercise I've been familiar with since my early days of providing strategic counsel to corporate clients - for situations ranging from minivan fires to international trade disputes. Each situation is different from the next. There is no set prescription. But there is ongoing analysis and conversation to pursue the strategies that work best - for buyers and sellers.
If information is power, I'd like to help make you the most powerful consumer of real estate!
News and Trends
Best Bets for Adding Value to Your Home in 2015
America's remodeling dollars continue to flow. If you're looking to upgrade, "Remodeling" magazine's 2015 "Cost vs. Value Report" tabs these projects as offering the best return on your investment. Read more
A Guide to Getting Your First Mortgage
To buy your first home, you likely will need a mortgage. In fact, before you even start looking at houses, you should look into your mortgage prospects.. Read more
6 Things Everyone Should Do When Moving Into a New House
Moving into your first home is exciting! But it also means you've got work to do. Read more
Castles on the Market!
In April, I will be introducing three properties in DC: 1) a 2,500 square foot row house boasting four bedrooms in 16th Street Heights; 2) a sunny and spacious condo featuring three bedrooms in Columbia Heights; and 3) a beautifully finished two-bedroom row house in Columbia Heights. Look for more details soon!
Meanwhile, as of March 11, 2015, DC boasts 945 properties actively on the market for sale. That excludes FSBOs (For Sale By Owner) and pocket listings. Here's a look at inventory by price range throughout the hot 20011 DC zip code, which includes 16th Street Heights, Crestwood and Petworth, where there are currently 85 active properties:
(15 total units available)
(26 units available)
(42 units available)
(3 units available)
Not finding exactly what you're looking for in the selection of inventory in DC? Feel free to check out plenty of inventory throughout the DC Metro Area, or I'm happy to schedule a time to talk with you about your goals.