Browsing Category Buyers

Buy Local

We pay Realtor buyer agents commissions on the homes’ final sales price after all upgrades, selections and options are chosen and not pay on a “bogus” base price that is much lower than the final sales price, we love contributing to the Charlottesville area and market by offering a great value and quality product and we offer outstanding warranty, customer service and prompt follow-up. Some do not bank locally, they do not buy building materials locally, they do not us local subcontractors, they require buyers to obtain financing from their out of town lender, they do not like to work with Realtors and make every effort they possibly can to sell to the public directly, they pay Realtors on a “bogus” base price that is always much lower than the final sales price, they have very strict walk through policies as you described in your blog and do not encourage or allow buyer agent participation in the final walk through and offer very very minimum warranty and customer service follow up after sales.

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Buyer Activity is Up in Charlottesville

I’m not saying that there are “lots of buyers who are buying,” but there do seem to be “lots of buyers” who are kicking the tires, and some of them are writing offers (and believe it or not, some of these offers are becoming Contracts). Take the following anecdotal evidence for what you will – 1 – I’m busy (and still taking on new clients), showing a lot of houses all over the City of Charlottesville and Albemarle County (for some reason, my clients seem to cluster, no one in Waynesboro or Fluvanna yet this year) 2 – A Real Estate III agent told me that she had fourteen groups of interested folks through one of her public open houses last weekend – all with no advertising.

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Moving to Charlottesville?

Clubs/Networks (just a sampling) Charlottesville Young Professionals Charlottesville Sports and Social Club The next three came from my curiosity – I started typing in “Charlottesville [blank] club” into Google and quickly figured that there’s likely a club for anything and everything (seriously be creative when you try it!) – Charlottesville Track Club Charlottesville Hiking Club Charlottesville Drinking Club Rentals – For most people relocating blind to the area (having only been here once or twice) I would much rather we take a “rent now, buy later approach” (although this is certainly not “one size fits all” – each person and situation is different).

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Is There Radon in Charlottesville?

This is what I tell my clients – a radon mitigation system accomplishes at least three things – 1) Provides peace of mind – for homeowners and buyers 2) Can be an asset when you sell your home – it’s one less potential objection from the buyers 3) It provides for a safer environment in which to live. … Results of short-term tests represent the radon potential of the home, rather than the actual exposure encountered under normal living conditions, unless residents keep the home’s windows and doors closed year-round.

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Billable Hours, Straight Commission, Hybrid or Both?

One giant stipulation for this somewhat hypothetical discussion is this – in this make-believe world of fairies and unicorns, the buyer pays the buyer’s agent and the seller pays the seller’s agent – in other words, we have succeeded in rending total control of the buyers’ agents’ compensation from the seller and the sellers’ agents. ( hint : we’ve divorced the commissions ). … And when the agents representing the buyers have nothing to give away but conversely have to place a price on their services and actually charge their clients directly, the associated accountability will only benefit the buyer… So let’s assume that the buyer is willing to pay her buyer’s agent .

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Finding the Bridge between Those who Are Buying and Those who Are Not

– have a home I am contacted by buyers all the time who are interested in buying homes in the Charlottesville area – many are affiliated with UVA, others are professionals who are likely to remain in the area for several years, still more are in the position of downtownenvy – Personally, we want a 4 bedroom downtown with a yard because we have a large and possibly growing family. We want a house this size because we plan on living in it for at least the next 30 years, and don’t feel like doing a small starter home for 5-10 years, and then purchasing a “move up” home.

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Why Aren’t You Buying RIGHT NOW? Part 1

Just be prepared to stay in the hosue (sic) for awhile, maybe even a long while Simple top-level mortgage math, excluding Taxes and Insurance and including Principal and Interest – (and assuming 100% financing for simplicity’s sake – not something I advise) – If the house you want today is $300,000, assuming you get a 5% interest rate* – Mortgage Calculator -- Bankrate.com - Mozilla Firefox 3.1 Beta 2-3.jpg Now, if rates go up later in the year – Mortgage payments for a $225k home And think about this subsequent comment – Yes, let’s encourage everyone to wait for the bottom. … This way the companies who maintain nice neighborhoods are out of business, HOA are crap, sidewalks and streets in those neighborhoods fall apart with only banks to maintain them (HA-HA – yeah right…..) and the quality of life in Charlottesville will have gone way, way down for all.

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