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5 MORE Ways to Make a Successful Relocation Move to Arlington, VA

5 MORE Ways  to Make a Successful Relocation Move to Arlington, VA

Hi!

In  working with  relocating (relo) buyers to DC, I have found some great, key ways to help people experience less work and frustration in the process. I will share them with you here to be of help. I have collected many, so this is the second in  a two-part series.

Here goes:

6. Be prepared to make fast decisions. Nine times out of 10, you will want the same home that someone else does. This is natural. Wouldn’t you and another person at the supermarket want the same shiny apple over the one that is dull or bruised? With the best homes – best looking and best priced – going first, you will want to be ready to make an offer before anyone else does, whenever possible. It puts you in a MUCH better bargaining / negotiating position. Our market often favors sellers, due to a lack of inventory and a healthy pool of buyers. Do not wait until you view other properties to make an offer, as the house may very well have received another contract on it by the time you come back to it.

7. Learn the market through your agent. While there is a lot of information online, your agent is the on-the-ground person who will know the area, be able to  consult for you on choices – and if he is working in the market every day and is aggressive, he should know about some homes BEFORE they come on the market. He can tell you in order to help you get a leg up on the competition for the homes, by getting an offer in as soon as possible.

8. Always ask for a CMA – a competitive (or comparative) analysis of like homes in the neighborhood or in very close adjoining neighborhoods. A very good agent should be able to do this quickly. And this is where your agent who knows the local market can be a huge benefit to you.

9. Take notes and pictures or video. Especially if you are not used to looking at homes, you might not be able to recall certain details after you have seen them, to make a well-informed choice in selecting one to buy.  Notes and visuals can be resources for you to refer to in making a decision.

10. In our area, be prepared to negotiate hard, and go in with the knowledge that, on average, houses that are priced correctly sell within a few percentage points of the asking price (and when there is buying competition for the home, go for over the asking price). So, while you may not be able to negotiate as much on price for a home priced well, you can focus on terms and get ones that work well for you – especially in a relocation move where timing and details are more important, generally, in the total picture, than if you were moving locally.

I hope this was of great help. Call on us for any questions or to help you make your move!

Cheers,

Ken

5 Ways to Make a Successful Relocation Move to Arlington, VA

5 Ways  to Make a Successful Relocation Move to Arlington, VA

Hi!

I work with a lot of buyers relocating to DC. I have found some key ways to help people relocate with less pain in the process. I will share them with you here to be of help. It will be a two-part series, since I have collected so many!

Here goes:

1. Select the right real estate agent. Working with a great agent is at the top of the list for  a successful home purchase, and is especially important when relocating – if you are unfamiliar with the area. Ask prospective agent representatives these questions: What is your experience helping people relocate to the area? (and) What is your market knowledge? And pay close attention to their communication skills. How skilled are the in communicating? Great communication is key to working with buyer and all the other people involved in a home search and purchase. Note that agents with ABR designations have special training in representing buyers, including relocation buyers.

2. Think needs vs. wants. What do you really need and what is really just a want? You will narrow down your options more quickly to get you a home sooner with a laser focus on these – differentiate between them.

3. Get pre-approved for a mortgage, if you are going to use one. It will put you in a more favorable position with sellers. In our area, it is actually EXPECTED by sellers and listing agents that a buyer is pre-approved prior to submitting an offer to buy a home.

4. If you are selling as well as buying, ask the agent helping you to buy to REFER YOU TO A GREAT LISTING AGENT TO SELL YOUR CURRENT HOME.  Full service agents helping you to relocate and buy will be able to refer you to someone in your current area.

5. Think resale. While buying, consider what future purchasers will like or not about the home. Buy a home that will be better for resale than the home next door or down the street. You want to be the house that is most sought after – so that you will always be first in line to sell in any market.

I hope this helps. Part two coming soon – just like our listings!!

Cheers,

Ken

Here’s the QR code for my app which provides quick searches in our area. You can easily send me your questions from it also.

MY QR Code for my personal home shopping app!

Your Forever Home: Trading Up to a New Home in Arlington, VA

Your Forever Home: Trading Up to a New Home in Arlington, VA

Hi!

What really is your Forever Home in our area, Arlington, or many places in DC, MD or VA? Rarely is it the first home you buy. Part of this is price point and one’s income, though mostly it is the inevitable factor of life changes. So, while the name “Forever Home” could be considered a misnomer if one considers it the first  – or even the second – home they buy, why not see it instead as the last home you will buy?

With this being the reality in our area, one working to get to his or her Forever Home inevitably falls into the category of trade up buyers, which are the largest category of home buyers in the US. You might think that these buyers have planned for the inevitable trade-up. Not so. Few have a strategy, especially from the get-go – their first purchase – to get them to where they want to go next, and next, and next: Their Forever Home.

Most buyers decide to buy because of  interest rates or more likely a new job that pays more money, a move to another city for work or family reasons, or a family change: marriage, starting a family or a new family member on the way. And these decisions, though perhaps thought about at some level over time, are more than often made relatively quickly based on sudden or soon-upcoming life events.

The greater majority of of the time, little or no attention is given to the possible or planned life changes by purchasers or their Realtors as to where the buyer wants to go with their next purchase, the one after, or however many they will own. It is pretty rare, depending on the area of the country, that buyers purchase their first home as their Forever Home. And ours is definitely towards the top of this list.

helping

When I consult and coach my buyers on purchasing in Arlington, or anywhere in VA, DC or MD, I have them consider the possible Forever Home they would like and step backwards to today’s purchase, because we want to take the best care of our clients and their money. Is this more work than just purchasing a home today for today’s needs? Consider this: The majority of buyers will find that it is more work to discover a hidden need three or so years down the road and then want to sell their house, do it under less than perfect conditions, perhaps, including pressure, and have to do the work of moving again. And possibly lose money in the process – or worst of all, not be able to move based on monetary considerations. A forward-looking plan can can get you to where you want to be today and also way down the road – even to retirement.

How do we do this? We look at:

1. Your needs in 5, 10, 20 or more years

2. Work backward from this house size and location

3. To what you can buy today that will be a great investment and you will be able to sell on your planned schedule

4. Take that equity and invest in the next home that you have planned for

5. Buy the next one

6. And so on, and so on.

Does this take planning? You bet. Does it involve projection as to your finances, including income, and the approximate cost of a home in the future? Sure. The ultimate question, just like planning for what you want in life is:  D0 you want to plan for it now, or have it sneak up on you in the future, and not having controlled it, get what the outcome is? Most people prefer the latter though not take the time to do the planning. What do you prefer to do?

I hope this was helpful. Please call on us with any questions or to plan for your Forever Home in Arlington, or anywhere in DC, MD or VA. Because, in reality, your “Forever Home” is very likely not the first home you will purchase, and it will be the last.

Cheers,

Ken

Open House: Sunday, 9/21, 2-4PM, Incredible, Spacious Colonial in North Arlington

Open House: Sunday, 9/21, 2-4PM, Incredible, Spacious Colonial in North Arlington

Hi! Here are the details on this wonderful newer home I am holding open tomorrow. Come check it out.

2830 ROCHESTER ST N, ARLINGTON, VA 22213
$1,495,000

Elegant colonial with over 6,400 sq ft! Brazilian cherry hardwoods throughout main level, gourmet kitchen w/butler’s pantry, main level office, main level bedroom.

Six bedrooms, 5 1/2 baths.

Fantastic master suite w/vaulted ceiling & sitting room. Brand new carpet in lower level.

Two car Garage. Huge yard.

Great location – 1 mile to EFC Metro/I-66. 2 blocks to ART bus stop.

This stunning home is another reason that ARLINGTON ROCKS!

Directions: From East Falls Church Metro: North on Sycamore St., Left on Little Falls Rd., Right on Rochester.

We hope to see you tomorrow! Have a great weekend!

Cheers,

Ken

Coming Soon – 2 bedroom and den condo in Rockville, MD – under $200K!

Coming Soon – 2 bedroom and den condo in Rockville – under $200K!

Hi.

Yes, ROCKVILLE – we are licensed in MD and DC, as well as VA, so we are FULL SERVICE to the entire DC area.

We are currently refurbishing this wonderful condo. It will have a fresh, soothing coat of Restoration Hardware paint, new kitchen, foyer and bath flooring, new lighting, etc.

You should expect to see us listing it by the end of September. Before then, contact us for more information or to plan a time to see it.

Have a great day!

Cheers,

Ken

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