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by ARLnow.com Sponsor — May 24, 2017 at 5:30 pm 0

Sponsored By homezen.
homezen saves you thousands by making it easy to sell your home without an agent.
Created By BlankSlate

When Alyson and Tyler started thinking about selling their home, they considered calling the real estate agent who had helped them in the buying process. But the transaction costs of using an agent were just too much to justify.

“At the same time, we have two young kids and very little spare time to understand the important details and nuances of managing a real estate transaction,” says Tyler.

Then they heard something from a friend that piqued their interest. Some colleagues were building a business called homezen that provides online tools and support to help owners of condos, townhouses, and single family homes sell without an agent, at a flat fee.

“We really liked and trusted the real estate agent who helped us buy our home, and it was a tough decision not to work with her again for selling it,” says Alyson. “But the idea of funding our next down payment with the money we could save was too much to pass up.”

homezen helped them set their listing price, hired professional photographers to take photos of their home, listed it on the MLS, and took care of the paperwork.

(more…)

by ARLnow.com — May 16, 2017 at 2:30 pm 0

A small two-story building that’s now in the shadow of a much larger development in Courthouse has been placed on the market.

The owner of SuperStar Tickets and its building at 2305 Wilson Blvd says he is searching for a buyer, with the help of a real estate firm, but will only sell for the right price.

Omar Sider said he’s seeking an above-market price for the building, which he thinks could be attractive to investors given its proximity to the Courthouse Metro station and the new development at 2311 Wilson Blvd, which will house the headquarters of local tech firm Opower.

Sider’s building was grouped into the site plan for its larger neighbor and designated as a “stand alone retail pavilion.” Sider says he’s grandfathered in to keeping the building as-is, housing SuperStar Tickets’ offices, but he could also opt to build a new 6,400 square foot building with additional underground space and a connection to the parking garage of 2311 Wilson.

The latter is what any potential purchaser would likely intend to do. Because of the small size of the lot, a tall building is not possible.

“It’s a diamond in the rough,” Sider said of his property. “I don’t really want to sell it.”

Sider purchased the building in 2010 for $1.2 million and refused to sell it to the developer of 2311 Wilson, who he said made an offer only slightly above its market value. At least one anonymous tipster who reached out to ARLnow.com didn’t think holding on to the building was a good idea.

“They could have sold out at any time and made big bucks, but they refused,” said the tipster.

Sider, an Arlington native, said he thinks Courthouse will continue to be an attractive neighborhood, with more development and changes in the works. He said he is content to keep the building in his family “forever” if need be.

Should the building sell, he hopes to move SuperStar Tickets to another office in Arlington. Even if it doesn’t sell, the business is growing and may eventually require a bigger space, according to Sider.

by ARLnow.com Sponsor — May 11, 2017 at 5:30 pm 0

Sponsored By homezen.
homezen saves you thousands by making it easy to sell your home without an agent.
Created By BlankSlate

Rob and Feli were ready to sell their home, but there was one thing they wished to avoid-the 6 percent realtor commission. “We wanted to sell our house on our own to avoid that,” says Rob. “We felt that the real estate system is very broken. In our case, the fee would have been $31,500.”

But how does one sell a house when you’ve got no experience? “We were reluctant because we were not familiar enough with the process and the laws,” says Rob. “Then we stumbled across homezen. We were amazed at how low their flat fee was for the services that they were providing.”

To help the couple determine the value of their home, homezen did a competitive analysis. “Then they helped us to formulate a selling strategy to maximize our profit,” says Rob.

Next, homezen dispatched a professional real estate photographer to take photos, which they used to list the couple’s home on the MLS. Their listing went live on Good Friday and by Saturday morning the couple started getting requests for viewing; the first offer came in later that day. By Easter Sunday, they had an all-cash offer–at $5,000 higher than their list price.

“With homezen’s help, we sounded like we knew exactly what we were talking about in negotiations,” says Rob. “We were elated with the results, because it was $20,000 more than we thought we could sell the home for.”

An Easter miracle? The couple was so grateful that they crafted a personalized thank you (pictured).

“We learned a lot in the process,” says Rob, who adds that homezen continued to help them navigate through the contract paperwork and home inspection. “And we’ve been bragging to all of our friends about how we saved $21,000!”

How can homezen save you $20,000? Instead of charging the standard 6 percent commission, homezen charges a low flat fee. They’re already saving money for sellers in Logan Circle, Shaw, Brookland, the Palisades, Glover Park, Arlington, Alexandria and beyond.

You can check out the homezen website website or give them a call at 202.509.0553.

by ARLnow.com Sponsor — May 11, 2017 at 6:00 am 0

What NOT to do before purchasing a new home:

  1. Don’t finance new big-ticket items. New financing will increase your debt-to-income ratio.
  2. Don’t open a new line of credit. Building good credit is a slow and steady process.
  3. Don’t switch jobs. Show potential lenders you are a low risk applicant by not making any major life changes.
  4. Don’t move your money. Lenders want to see consistent savings habits and for all deposits to be well documented.
  5. Don’t do it alone. While it certainly is possible to buy a home without a professional, a good real estate agent can save you time, money, and stress.

What SHOULD you do?

Attend the Home Buyer Class hosted by Orange Line Living!

You will get a comprehensive explanation of the home purchasing process – there’s more to know than you’d think. The Orange Line Living Team will be teaching all of the acronyms and definitions you will need, what happens at each stage of your transaction, real strategies on how to negotiate a lower purchase price, the different type of loans available, and much more. There will be local specialists from multiple industries in attendance, so come with questions.

Benefits of Attending

  • $1,500 credit towards your new home
  • 12-month home buy-back guarantee
  • Food and drinks provided
  • AND the first 3 to attend will receive a Roku Express!

The event is hosted by best-selling author and top nationally-ranked real estate agent Dan Lesniak, author of The HyperLocal HyperFast Real Estate Agent. Dan and his team have developed a special process that has allowed them to help over one thousand local families buy or sell their home.

Details

To register, head over to arlingtonhomebuyerclass.com. There are only 18 seats available per session so register today!

by ARLnow.com Sponsor — May 9, 2017 at 12:00 pm 0

Ask Eli banner

This regularly-scheduled sponsored Q&A column is written by Eli Tucker, Arlington-based Realtor and Rosslyn resident. Please submit your questions to him via email for response in future columns. Enjoy!

Question: How does the price range of the home for sale affect the speed of the sale?

Answer: Last week I published statistics showing how quickly homes in Arlington sell (20 percent in the first five days, 50 percent in the first 30 days) and received a follow-up question in the comments asking how price impacts days on market. Here’s your response!

Data Description

The following data represents more than 15,000 sales in Arlington since January 1, 2012, broken out by sold price within the three primary housing types in Arlington – apartments/condos, townhomes and single-family/detached homes.

Key Findings

  • The middle price ranges sell fastest, with the cheapest and most expensive inventory in each housing type taking the longest to sell
  • Townhomes are in the most demand and sell two and a half weeks faster than other housing types
  • If you’re selling an apartment or single family over $1 million, be patient with your pricing and don’t worry if you don’t get your asking price immediately. It usually takes some time for those buyers to materialize.
  • Yes, there were actually nine single-family homes that sold for under $300,000 in Arlington (eight in 22204 and one in 22206)

I always appreciate hearing from readers in the comments section and via email. If you have any questions about the Arlington real estate market, please do not hesitate to post them in the comments or send me an email to [email protected]

If you’d like a question answered in my weekly column, please send an email to [email protected]. To read any of my older posts, visit the blog section of my website at http://www.RealtyDCMetro.com.

Eli Tucker is a licensed Realtor in Virginia, Washington DC, and Maryland with Real Living At Home, 2420 Wilson Blvd #101 Arlington, VA 22201, (202) 518-8781.

by ARLnow.com — May 5, 2017 at 3:45 pm 0

Want somewhere new to live? There are plenty of houses and condos open for viewing in Arlington this weekend.

Check out our real estate section for a full listing of open houses this weekend. Here are a few highlights:

4320 N. Pershing Drive
1 Bed/1 Bath Condo
Agent: Mary Meredith
Listed: $193,900
Open: Sunday 1:30-4 p.m.

 

1336 N. Ode Street
1 Bed/1 Bath Condo
Agent: Matthew Leighton
Listed: $244,900
Open: Sunday 1-4 p.m.

 

4908 30th Street S
1 Bed/2 Bath Townhome
Agent: Christine Fischer
Listed: $395,000
Open: Sunday 2-4 p.m.

 

4805 28th Street S
2 Bed/2 Bath Townhome
Agent: Timothy Pierson
Listed: $419,900
Open: Saturday 2-4 p.m.

 

1423 N. Rhodes Street
2 Bed/2 Bath Condo
Agent: Robert Kenney
Listed: $699,911
Open: Sunday 1-4 p.m.

 

5714 9th Road N.
3 Beds/3 Bath Single-Family Detached
Agent: Keri Shull
Listed: $800,000
Open: Sunday 2-4 p.m.

 

4011 Nelly Custis Drive
5 Bed/3 Bath Single-Family Detached
Agent: Stacey Romm
Listed: $899,000
Open: Sunday 2-4 p.m.

 

Interested in getting your open house listed? Email us.

by ARLnow.com Sponsor — May 2, 2017 at 12:15 pm 0

Ask Eli banner

This regularly-scheduled sponsored Q&A column is written by Eli Tucker, Arlington-based Realtor and Rosslyn resident. Please submit your questions to him via email for response in future columns. Enjoy!

Question: I’m getting ready to purchase a home and have been watching the market over the last few months. I find that most homes I like go under contract quickly. How long are most homes on the market in Arlington and do you have guidance regarding offer price based on how long a home has been on the market?

Answer: Good properties move quickly in Arlington, so if you’re in the market you need to prepare to act fast when the right home hits the market. I pulled some helpful data to highlight how quickly most homes go under contract and how much they sell for relative to asking price.

Description Of Data

The following data represents all 15,200+ home sales in Arlington since January 1, 2012, broken out by the percentage of homes that sell within a range of days on the market (number of days from listing to going under contract). Within each range, I provide the average net sold price as a percentage of the original asking price (100 percent means the seller got the full ask). Not included are homes sold with zero days on market (6-7 percent of total sales) because most of those are off-market deals.

Key Findings

  • About 20 percent of homes in Arlington sell in the first five days
  • About 50 percent of homes in Arlington sell in the first 30 days
  • Be prepared to pay full price if you’re making an offer in the first 10 days of a listing
  • There is a consistent, direct correlation between days on market and how much of a discount buyers negotiate from the original asking price
  • Q1 is generally the slowest time for real estate but Q1 2017 shows a high percentage of homes being sold in the first five and 10 days. Expect these percentages to increase as the year continues.
  • Not shown: about 60 percent of homes sold in the first five days are sold on the fourth or fifth day
  • Most homes are listed on Thursday, so odds are that even a hot home will make it through the weekend

In a hot market, preparation is the most important thing buyers can do to position themselves to land a contract on the home they want. If you’re considering a purchase and would like to discuss the best ways to prepare, feel free to reach out to set-up a meeting with me. You can reach me directly at [email protected] or (703) 539-2529.

If you’d like a question answered in my weekly column, please send an email to [email protected]. To read any of my older posts, visit the blog section of my website at http://www.RealtyDCMetro.com.

Eli Tucker is a licensed Realtor in Virginia, Washington DC, and Maryland with Real Living At Home, 2420 Wilson Blvd #101 Arlington, VA 22201, (202) 518-8781.

by ARLnow.com — April 28, 2017 at 2:30 pm 0

Want somewhere new to live? There are plenty of houses and condos open for viewing in Arlington this weekend.

Check out our real estate section for a full listing of open houses this weekend. Here are a few highlights:

2061 N. Woodstock Street
1 Bed/1 Bath Condo
Agent: Keri O’Sullivan
Listed: $199,500
Open: Sunday 1-3 p.m.

 

313 S. Wayne Street
2 Bed/1 Bath Multi-Family
Agent: Sita Kapur
Listed: $435,000
Open: Sunday 1-4 p.m.

 

3625 1st Road S.
2 Bed/2 Bath Multi-Family
Agent: Gary Dopslaff
Listed: $520,000
Open: Sunday 2-4 p.m.

 

32 S. Aberdeen Street
3 Bed/2 Bath Single-Family Detached
Agent: Shelly Porter
Listed: $659,000
Open: Sunday 1-4 p.m.

 

5605 5th Road S.
3 Bed/3.5 Bath Single-Family Detached
Agent: Michael Webb
Listed: $859,000
Open: Sunday 1-4 p.m.

 

4510 8th Street S.
4 Beds/3.5 Bath Single-Family Detached
Agent: Michael Webb
Listed: $959,000
Open: Sunday 1-4 p.m.

 

3513 N. Dinwiddie Street
5 Bed/4.5 Bath Single-Family Detached
Agent: Caitlin Platt
Listed: $1,849,500
Open: Sunday 1-4 p.m.

 

Interested in getting your open house listed? Email us.

by ARLnow.com Sponsor — April 27, 2017 at 6:00 am 0

4626 N. Dittmar Road
Neighborhood: Country Club Hills
Listing Price: $2,199,000
Open House: Saturday, April 29 and Sunday, April 30 from 11 a.m.-5 p.m.

Just completed! Brand new high end construction by Classic Cottages in the heart of Country Club Hills.

This home comes equipped with wide plank hardwood flooring, quartz and butcher block counters, premium cabinets and more. Uniquely designed floor plan with custom features throughout. Smart home technology, whole house sound, wireless cameras, and more. This home is a must see.

Come view us at the parade of homes this weekend. Call or email Pierce Tracy for more information: 703-350-6365, [email protected]

by ARLnow.com — April 26, 2017 at 8:55 am 0

Park Upgrades Approved — At its meeting last night, the Arlington County Board approved contracts that will “upgrade the playgrounds and picnic shelter at Oakgrove Park and add a restroom/picnic pavilion and futsal court at Tyrol Hills Park.” The contracts total around $1.7 million. [Arlington County]

TJ Construction to Take Away Theater Parking — Construction of a new elementary school next to the Thomas Jefferson community center and middle school will mean a loss of parking for the community theater used by a number of local performing arts troupes. Those troupes, including The Arlington Players and Ballet Nova, will now have to decide whether to relocate to another community theater or stay and deal with the lack of parking. [InsideNova]

New Location for Children’s School Approved — Last night the Arlington County Board unanimously approved a site plan amendment allowing the Children’s School, a co-op child care center for Arlington Public School employees, to occupy two floors of a Ballston office building. The center is moving from an APS-owned building in Westover to make way for what’s expected to be a new elementary school. Some Ballston condominium residents expressed concerns about the child care center, primarily related to traffic; County Board member Christian Dorsey pointed out that the space it’s moving into was formerly used by a for-profit college. [Arlington County]

Ballston Profiled by WaPo — “With an array of amenities, it’s easy to see why Ballston is one of the area’s hottest markets,” says a real estate-focused profile of the neighborhood. [Washington Post]

Flickr pool photo by Erinn Shirley

by ARLnow.com — April 21, 2017 at 2:00 pm 0

On the lookout for a new home? There are plenty of houses and condos open for viewing in Arlington this weekend.

Check out our real estate section for a full listing of open houses this weekend. Here are a few highlights:

4362 N. Pershing Drive
1 Bed/1 Bath Townhome
Agent: Vickie Dziuk
Listed: $220,000
Open: Sunday 1-4 p.m.

 

3650 S. Glebe Road
1 Bed/1 Bath Condo
Agent: Peter Braun
Listed: $349,900
Open: Saturday 10 a.m.-2 p.m.

 

2522 N. Winchester Street
2 Bed/1 Bath Multi-Family
Agent: Bradley Wisley
Listed: $500,000
Open: Sunday 1-4 p.m.

 

4043 Columbia Pike
3 Bed/2.5 Bath Townhome
Agent: Ronald Cathell
Listed: $625,000
Open: Sunday 1-4 p.m.

 

890 N. Nottingham Street
4 Bed/2 Bath Single-Family Detached
Agent: Ann Wilson
Listed: $750,000
Open: Sunday 1-3 p.m.

 

1309 19th Road S.
4 Beds/3.5 Bath Single-Family Detached
Agent: Virginia Smith
Listed: $985,000
Open: Sunday 1-3 p.m.

 

117 N. Fillmore Street
5 Bed/5 Bath Single-Family Detached
Agent: Nancy Yahner
Listed: $1,169,000
Open: Saturday 1-3 p.m.

 

Interested in getting your open house listed? Email us.

by ARLnow.com Sponsor — April 19, 2017 at 6:30 pm 0

Get a $1,500 credit for your home at closing and if you don’t love your new home we will buy it back or sell it for free for 12 months exclusive to event attendees only. PLUS — the first 5 to attend the seminar will get a FREE Amazon Echo Dot!*

Dan Lesniak, author of The HyperLocal HyperFast Real Estate Agent, is hosting a Home Buying Seminar event on April 24 from 6 – 8 p.m. at our Rosslyn office located at 1600 Wilson Blvd, Suite 101, Arlington, VA 22209. The seminar will last approximately one hour and then we will have time after for questions and one-on-one appointments.

We will have specialists on hand (including lenders and buyer agents) to give you an overview of the buying process. Not only will you get a complete home buying overview, but you will learn our valuable home buying strategies that will save you 3% or more when you purchase. That is some serious savings!

The Orange Line Living and Keri Shull Team together helped over 200 families purchase homes in 2016. Together, they are the No. 1 real estate team in Arlington, the No. 1 real estate team in Virginia by volume and top 5 in the D.C. metro area as well. Their aim is to help even more families find their dream home in 2017 and you have the opportunity to be one of those people.

Details

When: Monday, April 24 from 6-8 p.m.
Where: Optime Realty, 1600 Wilson Blvd, Suite 101, Arlington, VA 22209
Cost: Free
Parking: Validated Parking or Street Parking
Food: Appetizers and Drinks from Kona Grill
Contact: [email protected] or call 571-969-7653

Space is limited so you don’t miss out. To register, go to www.vipbuyerseminar.com or email [email protected].

*terms and conditions apply, please visit vipbuyerseminar.com for complete details

In The HyperLocal, HyperFast Real Estate Agent, Dan tells how he used the Segmentation, Targeting and Positioning (STP) framework to identify potential markets, choose which ones to go after and how to add massive value to the consumers in that market. This book will teach you how to use the STP framework to enter new markets or increase market share in your existing markets by adding more value to your potential clients and communicating your value proposition to the market. Download 10 tips from Dan for free here.

by ARLnow.com — April 14, 2017 at 10:30 am 0

Looking for somewhere new to live? There are plenty of houses and condos open for viewing in Arlington this Easter weekend.

Check out our real estate section for a full listing of open houses this weekend. Here are a few highlights:

2615 S. Walter Reed Drive
2 Bed/1 Bath Townhome
Agent: Charles Bengel
Listed: $320,000
Open: Saturday 1-3 p.m.

 

1300 Army Navy Drive
2 Bed/2 Bath Condo
Agent: Edward Downs
Listed: $443,500
Open: Saturday 1-4 p.m.

 

4043 Columbia Pike
3 Bed/2.5 Bath Townhome
Agent: Ronald Cathell
Listed: $625,000
Open: Saturday 2-4 p.m.

 

613 S. Taylor Street
4 Bed/3 Bath Single-Family Detached
Agent: Patrick Loftus
Listed: $799,900
Open: Saturday 1-4 p.m.

 

5011 14th Street N
4 Bed/3 Bath Single-Family Detached
Agent: Ronald Cathell
Listed: $899,900
Open: Sunday 1-4 p.m.

 

239 N. Barton Street
3 Beds/2.5 Bath Single-Family Detached
Agent: Ronald Cathell
Listed: $998,900
Open: Saturday 1-4 p.m.

 

3819 N. Tazewell Street
3 Bed/3.5 Bath Townhome
Agent: Matthew Shepard
Listed: $1,150,000
Open: Saturday 1-4 p.m.

 

Interested in getting your open house listed? Email us.

by ARLnow.com Sponsor — April 11, 2017 at 5:30 pm 0

Like Turbotax for selling your home, Homezen saves you thousands by making it easy to sell your home without an agent.

homezen logo

Last year, Justin was finally ready to sell his condo, but it hadn’t appreciated in value enough for him to pull his money out after paying the 6 percent commission to real estate agents.

He says the idea of paying a 6 percent commission drove him nuts. “I thought I could probably sell without an agent, but I was little nervous to take the risk without having knowledgeable support during the process.”

Enter homezen, which provides online tools and support to help owners of condos, townhouses and single family homes sell without an agent, at a flat fee.

How low? For $499-$699, homezen helps you set your listing price, has professional photographers take photos of your home, lists your home on the MLS and takes care of the paperwork.

They’ve helped sellers in the Palisades, Glover Park, Logan Circle, Shaw, Arlington, Alexandria, Rockville and beyond save an average of $20,000 per sale — and Justin is now one of them.

“They helped me price, prep, list my home, and they gave me the paperwork I needed,” says Justin. “They were there for me whenever I had questions, and they gave me the confidence I needed to sell my own home without an agent.”

How much did he save? $10,000 — which he’s now using to bankroll his travel around the world, including stops in Argentina, Patagonia, Switzerland, Paris, Italy, Egypt, Dubai and beyond. “It’s life changing,” he says, “and I can’t recommend it enough.”

For more information on how homezen can change your life, check out the homezen website.

by Katie Pyzyk — April 10, 2017 at 9:15 am 0

Washington Business Journal Downsizes HQ — The Washington Business Journal has moved out of its headquarters at 1555 Wilson Blvd in Rosslyn, where it had been for 20 years. The publication moved just down the street to 1100 Wilson Blvd. The downsize puts WBJ in a location that is about 3,000 square feet smaller than its previous space. [WTOP]

Civic Leaders Honored — The Arlington County Civic Federation honored two residents for their years of community leadership and activism. The organization recognized Jim Pebley and Stefanie Pryor at its anniversary dinner on Friday. [InsideNova]

Northern Virginia Businessman Dies at 100 — Well-known sportsman and businessman Randolph “Randy” Rouse died on Friday. A long-time Arlington resident, Rouse is a Washington-Lee High School graduate and began his foray into real estate in 1947. He was said to entertain visitors at his 10-acre Arlington estate — the Febrey-Lothrop house on Wilson Blvd and N. McKinley Street — with tunes from his saxophone. Rouse was 100. [Fauquier Times]

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