Understanding the Changes to Real Estate Commissions To help explain these new changes, let’s first look at how commissions were paid before August 17, 2024. Before August 17, 2024 When a seller listed their home for sale they would sign a Listing Agreement with their agent. Within the agreement was ...
Continue ReadingWhen it comes to home updates that provide the best return on investment (ROI), certain projects tend to add more value than others. Here are some of the top updates: 1. Minor Kitchen Remodel: – ROI: ~70-80% – Details: Updating cabinets (refacing or painting), replacing countertops (quartz or granite), installing ...
Continue ReadingWhen buyers are considering purchasing a home, they typically prioritize certain aspects of the home’s condition. The home does not have to be perfect, but in order to get top dollar for your home, you want it to be in the best condition possible to attract the best offers. ...
Continue ReadingWelcome to Mucklehany Lane in CountrySide! This move-in ready 3,250+ sq. ft. home, sits on a cul-de-sac, offers spaciousness, versatility, and comfort. The main level features a welcoming foyer leading to the beautiful living room on the right, a private home office with French doors and built-in shelving, and a ...
Continue ReadingUpdate: This home is now pending as of June 21, 2024. We had over 13 showings the first day on the market and the sellers received a strong, clean offer that they could not refuse. Ready to show on Friday, June 21. Listed for $515,000. You will love this move-in ...
Continue ReadingHomebuilders Aren’t Overbuilding, They’re Catching Up You may have heard that there are more brand-new homes available right now than the norm. Today, about one in three homes on the market are newly built. And if you’re wondering what that means for the housing market and for your own move, here’s what you need to ...
Continue ReadingAs of today, June 13, there are 101 homes in Loudoun County under $950,000 that have been on the market for more than 14 days. With end of the school year activities and graduations, homes have not been selling as quickly. If you put your search on hold, now is ...
Continue ReadingWe moved to Countryside in the late summer of 2003, and are still in the exact same house. We love it here and I was curious to see how much prices have changed in the last ten years. The results shocked me a little bit, but it just goes to ...
Continue ReadingRecently, the National Association of Realtors (NAR) reached a significant settlement in a commission lawsuit, raising questions and discussions within the real estate industry. Background: The lawsuit against NAR centered on allegations of anticompetitive practices related to buyer agent commissions. Critics argued that NAR’s rules restricted competition and transparency, ultimately ...
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