– Great questions for a seller to ask when interviewing a Realtor to represent you in the marketing and sale of your home/investment property/land – you’re hiring someone to represent your best interests (and will likely pay him/her a fair amount of money to do so); shouldn’t you ask a few questions first? – Required Reading for Sellers – On pricing among other things – An interesting post regarding photos in the MLS from a consumer’s perspective – In Charlottesville, Albemarle, Fluvanna, Greene, Nelson and Louisa – There are currently (as of 2 September 2008) 2,550 properties currently on the market (almost exactly the same number as June of 2007). 263 have only one photo 2234 have multiple photos 53 have no photos (16 are new construction) – More on why no photos are bad .
you searched for dual agency
Signs the Real Estate Industry will be Better after the shakeup
Companies acting as both the real estate agency and mortgage broker in the same house sale can lead to so many problems for consumers that the “two hats” practice should be outlawed, the New York State Commission of Investigation concluded after holding hearings on the subprime crisis. …
2nd Quarter Market Update for Charlottesville Region
I’m not saying that we haven’t hit the bottom, but that calling it as such with so many unknowns and new variables in the equation would be the wrong thing to do right now, despite Lawrence Yun’s statement – ” Without Forecasts, we don’t look credible .” The Realtor update (1): 1st half 2005 : 115 had more than ten sides, 296 had more than five sides, 679 had at least one, with about five hundred or so not having a single transaction 1st half 2006 : 107 had more than ten sides, 285 had more than five sides, 740 had at least one, about four hundred fifty not having one. 1st half 2007 : 73 had more than ten sides, 232 had more than five, 687 had at least one, about four hundred with zero 1st half 2008 : 44 had more than ten sides, 169 had more than five, 619 had had least one, leaving about seven hundred with zero transactions so far this year. (out of 1201 sold residential properties) From the DP on Saturday : Many real estate agents may not manage to weather the moribund market before it solidly rebounds, Savage said.
Charlottesville and Albemarle Sold properties by price range
As promised last week and with apologies for the delay, this is the breakdown by price range of sold properties in Charlottesville and Albemarle for the first quarters of 2004-2008.
… This is just for sold properties; I do analyses of inventory levels, absorption rates and number and percentage of under contract and withdrawn (likely due to rental) properties for my clients or for “paid-for” deeper analyses .
Charlottesville Area Market Update – June 2008
——————————- The Agent Update In 2007: From January through the end of May, 158 Realtors had more than 5 sides 45 had more than 10, and about 700 had not had one transaction In 2008: From January through the end of May, 74 have had more than 5 sides 24 have had more than 10, about 900 have not had one transaction Any Realtor who is not at least a little bit concerned about survival either isn’t paying attention or isn’t a full-time Realtor. … I didn’t know how long we’ve been in this cycle until I referred to this story – Sold Comps now matter less – from February 2007; and was a bit shocked that it had been so long since I had written it. 2005 
2006 
2007 
2008 
——————————- Median Prices of sold properties* – May 2008 – $274,000 May 2007 – $287,000 May 2006 – $264,000 May 2005 – $255,000 May 2004 – $227,998 ——————————- Outlook/projections : I have been saying that the recovery is nine to eighteen months away for nine to eighteen months.
Services/About | Charlottesville Real estate Broker | Jim Duncan
ABOUT JIM DUNCAN See what some of my clients have generously written about about me. REALTOR/Associate Broker & Partner at Nest Realty Exclusive Buyer Representation (with no Single agent Dual Agency) – client advocacy, advice, education, representation…
Why Should You Use a Realtor instead of a Builder Sales Agent?
Simple. If you hire an exclusive Buyer’s Agent to represent your best interests, you will have representation. If you work with a builder’s sales agent, in my opinion, you are on your own. (Thanks to the person in Las Vegas who came to my site searching for this answer)I mentioned this a few weeks ago as well.