Category: Home Selling

10 Steps To A Great Home Inspection

Preface – this post is a result of an infographic my friend Leigh Brown, a FANTASTIC real estate agent in Concord NC, put together and shared with me. This is a repost of her “Top 10 Ways To Get a Cleaner Home Inspection”.   According to Squeaky Clean services, you’ve taken the time to stage the house, do the same to get it ready for the home inspection. Some houston home inspectors said there are three things to keep in mind, make sure (1) everything is accessible, (2) that the little stuff is fixed in advance, and (3) to RELAX …

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Get Your Photos Before The Weather Turns

This is a repost from August of 2012 … Like it or not, the season here in the New River Valley is getting ready to change from summer to fall, and then winter. Like death and taxes, the seasons here in Blacksburg are guaranteed. While it’s hard to think about winter when it’s nearly 90 degrees outside, try. It’s likely your house looks much better with green grass, full leaves, and colorful flowers than it does with gray cloudy skies, scraggly trees, and patches of snow on the ground … maybe I’m wrong, maybe your house is different, but I …

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Perspective Is Everything

This was sent to me by two separate people today – including our real estate photographer – with the caption “perspective is everything”. Reminds me of how people talk about how photos of houses can be deceiving – “wow, no wonder they didn’t show that whole room – it’s missing the floor!”. You can see the image here, as well.

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What’s the Luxury Market Like In Radford, VA?

Last week I was at a conference, and the question was asked by a presenter “what’s the luxury market in your area?” I had an idea, but it was simply based on a gut feeling, and not rooted in stats. So, Alma helped me pulled the numbers for 2012 YTD in Radford VA, which you’ll find below. For disclosure, we looked at the top 10% of sales in the market, and are considering the “luxury” component to be the least expensive home in the top 10% of sales in Radford. In Radford VA in 2012, the luxury real estate market …

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Selling A Home This Fall Or Winter? Take Your Photos Now.

Like it or not, the season here in the New River Valley is getting ready to change from summer to fall, and then winter. Like death and taxes, the seasons here in Blacksburg are guaranteed. While it’s hard to think about winter when it’s nearly 90 degrees outside, try. It’s likely your house looks much better with green grass, full leaves, and colorful flowers than it does with gray cloudy skies, scraggly trees, and patches of snow on the ground … maybe I’m wrong, maybe your house is different, but I doubt it … the vast majority of homes fall …

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There Simply Isn’t a 3.8% Real Estate Tax

It’s been written here before. It’s simple, really – don’t make more than $200,000 (or $250,000 if you’re filing jointly).  But since you shouldn’t be restricted to how much you make – and if you make that much, congratulations! – here’s the deal. Remember that little health care debate that raged in 2010?  Part of that bill had a provision that applied a 3.8% tax on unearned income for high-income taxpayers; that  tax has been mistakingly labeled as a real estate transfer tax, and it’s simply not true.  The truth is: If your total income for 2013 is less than …

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The Roanoke Times – Rise in Real Estate Activity

The New River Valley real estate market is shifting – no doubt about that – and buyers and sellers will need to adjust. We still have some challenges, but things are improving. Sarah Cox of The Roanoke Times wrote about it in this past Sunday’s real estate section. _______________ Agents report rise in activity – Sarah Cox, The Roanoke Times, 6/10/12 Several New River Valley REALTORS say consumer confidence is growing Representatives of the National Association of REALTORS announced at the end of April their belief that the beginning of a recovery in the U.S. housing market is evident. Sales …

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How Accurate Are Auto-Valuation Sites?

Okay, Zillow doesn’t suck, per se, but it was a catchier title than “Why Automated Valuation Sites Are Bad For Real Estate”. You can read the post here, but for the visual, here you go.  Below are six randomly selected properties in the New River Valley, along with their “value” on Zillow, Trulia, and what they actually sold for. Address    Zillow    Trulia    Sold Price 210 Ardmore St, Blacksburg $237500 $264100 $265000 101 Woodbine Dr, Blacksburg $192800 $172800 $175000 1200 Cambria St, Christiansburg $162000 $194500 $175500 690 Walters Dr, Christiansburg $218200 $193600 $179000 501 Sixth St, Radford $217400 …

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Can I Fire My Real Estate Agent?

Last week, I had asked on Twitter and Facebook “what’s the one thing you expect most from your real estate agent?”  The responses varied in general, but one specific thing that came up was that people wanted their real estate agent to listen.  A novel concept, really … we all want to be heard.  Out of that question, someone on Twitter followed up by suggesting that when you have a contract with a listing agent, you can’t fire them, even when that agent isn’t listening. @NRVLiving How can you fire someone with the contract? You either wait out the listing …

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Why Zillow Sucks

I don’t hate Zillow, I swear.  In fact, I advertise with them.  And as Alma suggested, maybe the title was a little harsh.  You know, I use Zillow from time to time to estimate rents, since I don’t track the rental market and sometimes I need a little help there.  But if you’re going to rely on Zillow – or any online pricing site – for accurate numbers, reconsider.  They’re just not accurate, yet.  So in reality they don’t suck, they just provide a product that’s become seen as truth when it’s really just the result of a proprietary formula. …

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