It’s December 14th, 2020 as I write this – the year that seemed to never end is almost, finally, over. Which begs the question – what’s real estate in the New River Valley going to look like in 2021?
One of the things that attracted me to Nest Realty oh so many years ago was their focus on good, accurate data. Zillow is a popular tool, but it can’t replace solid, real-world data based on live sales. And that’s where the New River Valley Mid-Year (and Annual) Market Report comes in. Every quarter (every month, really), we put together a look at what’s happening in the market, both the good AND the bad, and we just published our 2020 Mid-Year Market Report for the New River Valley real estate market.
When we list a home at Nest Realty, we have a list of questions we send our client to answer about what they love about the home, and the surrounding area. We call it the Seller Scoop, and it lets prospective buyers get a feel for the home that a listing description can’t necessarily share.
When you last bought or sold a home, did you interview your real estate agent? Should you interview your real estate agent?
Ah, the offer letter when buying a home. Does it work? It depends.
Last month I wrote “Ten Things To Know About A Well in the New River Valley”, and just this afternoon received notice that the Virginia Department of Health just last week posted a video entitled What To Know When Buying A Home with a Well and Septic System in Virginia. You can see that video below – even more timely as I had, just minutes before, met with new buyers and we’d talked about buying homes with a well and/or septic system. Thanks, VDH!
As Realtors, we act as both buyer’s and seller’s agents all the time but, in my opinion, and in the opinion of all of us at Nest Realty, never at the same time. Legally we can do it, but ethically? It’s a slippery slope.
Ready to buy? Great! That’s why we’re here. Buying a home–whether it’s your first or your tenth–is an exciting time. Chances are if it you are a seasoned homebuyer, you’ll already have learned most of these mistakes either by experience or a good realtor before me.
My friend Mike Simonsen posted this on Twitter a couple of weeks ago, in response to someone saying they wanted to buy their first home in 2020 (note – he said “do” try and time the market … he meant “don’t):
Picture your dream house and what do you see? A gourmet kitchen with a wraparound front porch on 80 acres? You bet, we can do that. A perfectly adorned downtown condo, if that’s more your style? We’ve got a few of those.