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Laura Rubinchuk - The LJR Group - Your Northern Virginia and D.C. Realtor

Common Mistakes Real Estate Agents Make - And They Make ALL the Difference

With the $8,000 tax credit, interest rates, and lower prices, i've had a ton of buyers that i've been working with lately. In doing so, you get to see the process from another side - and it becomes VERY clear what makes a world of difference when a buyer is house shopping. This past weekend was a particularly frustrating one for me, representing the buyer. I know i've learned a tremendous amount of changes I can make when helping sellers to attract more buyers.

Here are the most aggravating and common mistakes real estate agents make:

1. No Pictures: Our MLS allows for up to 30 photos and a virtual tour...or better yet, take more photos and create an individual website for the property. Even as an agent - the first thought that occurs when you see something without a picture is: "what's wrong with it?!" Uploading 3 pictures of the backyard, and having all 3 be identical, is not helpful. Take pictures!!! Pictures attract buyers!

2. Is it the right key for the unit? DOES IT WORK? I don't know about you, but I know i'm MORTIFIED when I drive a buyer to a property and waste their time and mine to find out the key doesn't work. Or better yet - isn't there. Label the key (especially if it's a condo building!) so we all know which unit it opens, and please make sure it works.

3. Is the listing information correct? The other time waster - giving show instructions as "Show anytime, vacant," only to find out that there's no key....because it's 24-hour notice, by appointment. I congratulate you, Mr. Busy Agent, on having multiple units for sale in one building - but you're not doing anyone a favor by having agents knocking on the doors of unsuspecting sellers in the middle of dinner because we think it's vacant.

4. Add as many details as possible. Know your product! I think it's a reasonable request to ask square footage. If you can't answer that very frequently asked question, you don't know your product. If you don't know it - how can you sell it? Does the building/neighborhood have pet restrictions? Put it in the listing. If my client has a 75 lb rottweiler, we'll save everyone's time by not showing them properties that only allow cats. It will also prevent getting your sellers excited about a potentially interested buyer.

5. Make it as easy to show as possible. Some circumstances really do require at least 24-hour notice or appointment only instructions. But if that's the case - answer your phone. You do your clients a disservice by not even attempting to entertain showings by ignoring emails and voicemails. We all know you have a blackberry or iphone - what good is it in paperweight mode? The other big one? I know we're reliant upon GPS nowadays, but please, please make sure the directions are correct - both to the property and for parking!

I know everyone can relate to some of these - we're not perfect. But when you're on the other side of things, you can get a very clear message when someone else makes it impossible for you to do your job well, afterall, how can you help your buyers find what they're looking for if you can't even get in the house?

Search Homes for Sale in Arlington VA with a Virtual Tour

Laura J. Rubinchuk
Keller Williams Realty
703.283.6120
Laura@TheLJRGroup.com

American Flatbread to Open in Clarendon – October 5th

For those of you Whole Foods shoppers who buy American Flatbread’s frozen pizzas, here’s some great news!

american flatbread

American Flatbread will be opening a new restaurant in the ground-level retail shops of the Zoso Lofts Apartment building at 1025 N. Fillmore Street, Arlington VA 22201 in Clarendon on October 5, 2009.

American Flatbread started in Vermont in 1987. Their pizzas are made from Organic ingredients in a Primitive, wood fired oven. They support local farmers for their produce. They even brought a portable oven to Clarendon Day 2009:

American Flatbread

Aside from various styles of “flatbreads” (i.e. pizzas!), they’ll feature 3 seasonal salads on the menu, in addition to drinks.

Can’t wait for the Clarendon one to open on October 5th? They have a restaurant in Ashburn, VA too!

Want to see what’s for sale within walking distance to the new American Flatbread Restaurant in Arlington?
Search current Arlington and Clarendon Homes for Sale

August 2009 Real Estate Market Update - Falls Church, VA

The stats for August in Falls Church, VA includes both the city of Falls Church and the part of Falls Church within Fairfax County.

Detached Houses

Average Net Sale Price: $514,397 after 49 DOM
Range: $190,000 to $1,183,000

Townhouses

Average Net Sale Price: $405,722 after 43 DOM
Range: $116,750 to $613,000

1 Bedroom Condos

Average Net Sale Price: $180,446 after 86 DOM
Range: $83,500 to $263,900

2 Bedroom Condos

Average Net Sale Price: $301,629 after 48 DOM
Range: $141,000 to $534,500

Everything is up in Falls Church City - sales price, median sales price, sales volume, units sold, and days on the market (this one surprises me!).

Search Falls Church Condos and Townhomes for Sale

Search Falls Church Homes For Sale

Search Falls Church Foreclosures (REOs and Bank Owned)

August 2009 Real Estate Market Update - McLean, VA - 22101 and 22102

McLean VA is home to many businesses and personal residential pieces of real estate. The zip of 22101 is heavily populated with Businesses, so I've broken out the August statistics by zip code:

22101

Detached Houses

Average Net Sale Price: $1,078,628 after 101 DOM
Range: $500,000 to $2,585,000

Townhouses

Average Net Sale Price; $779,722 after 36 DOM
Range: $480,000 to $1,200,000

22102

Detached Houses

Average Net Sale Price: $1,099,125 after 155 DOM
Range: $738,000 to $1,950,000

1 Bedroom Condos

Average Net Sale Price: $211,000 after 24 DOM

2 Bedroom Condos

Average Net Sale Price: $455,693 after 82 DOM

The real estate market in McLean is almost like the Tale of 2 Cities. The area of 22101 is up about 8% in average sale price, up about 12% in median sale price, things are selling about 12 days faster than last year, and sales volume is up about 13%. However, in 22102, the number of units sold was only 2 fewer, however, average sale price is down 43%, volume is down 47%, and things are selling 27 days faster. Buyers are acting when they see something they like!

Search the current Homes For Sale in McLean VA

Arlington VA Real Estate Market Update – August 2009

I’ve been so focused lately on individual condo building and townhouse community blogs, that I neglected my monthly market updates! So here goes with the numbers:

August 2009 Sales for Arlington County Virginia

Detached Properties

North Arlington
Average Net Sale Price: $815,959 after 73 days on the market (DOM)
Range: $350,000 – $1,769,000

South Arlington
Average Net Sale Price: $535,547 after 94 DOM
Range: $205,000 – $950,000

Studio Condo

North Arlington
Average Net Sale Price: $228,150 after 25 DOM

1 Bedroom Condos

North Arlington
Average Net Sale Price: $311,106 after 41 DOM
Range: $134,000 – $447,820

South Arlington
Average Net Sale Price: $196,937 after 90 DOM
Range: $70,000 – $355,000

2 Bedroom Condos

North Arlington
Average Net Sale Price: $479,115 after 50 DOM
Range: $273,000 – $638,500

South Arlington
Average Net Sale Price: $424,029 after 111 DOM
Range: $155,200 – $740,000

Townhouses

North Arlington
Average Net Sale Price: $691,137 after 72 DOM
Range: $432,900 – $1,075,000

South Arlington
Average Net Sale Price: $381,131 after 70 DOM
Range: $175,000 – $592,495

These are all averages. Please don’t use them to place any value on your particular unit. For example, the most expensive townhouse sold in South Arlington this past month was a brand new unit with a garage at the Shirlington Crest – you can’t use that as a comp for a 2 bedroom 60 year old unit.

Anyhow, what the numbers are telling us for August is that Arlington is running about average with just over 200 sales last month. The overall average sales price is down about 7% from last year, but the median price is 7% higher! Average days on the market before going under contract is also down – mostly because inventory levels are so low (about 3.5 months worth), that properties in decent condition and priced fairly, are selling within days!

Thinking about buying? Search the current Arlington VA Homes For Sale