Archive for April, 2008
Do Gas Prices Impact Home Prices?
April 29th, 2008 categories: Home Buying Advice, Home Selling Advice, Real Estate Market, Real Estate News
OK. The price of gas is soaring with no end in sight. It is impacting food prices, delivery prices, you name it. It seems to negatively touch every part of your life. But does it impact the sale of your house? In a word, yes.
Think about it. You have two houses similar in size, yard, schools, etc. The only difference is one of them is 15 miles from everything. The other is 1 mile. Which do you think will sell? At $1 or even $2 a gallon, maybe no big deal. But with gas in sight of $5 a gallon you better believe buyers will take it into account.
So, what do you do? If you are the house close to everything, rejoice and play up that aspect! If you are out in the wilderness, don’t necessarily despair. There are buyers who will WANT to be far from everything. Play up the privacy, solitude, close-to-nature aspects of your home. It may take longer to find that particular buyer, but they are out there.
Commute time has always been important to buyers. Now add the COST OF COMMUTE to the list!
| Discussion: No Comments »
Why I Don’t Practice Dual Agency
April 21st, 2008 categories: Home Buying Advice, Home Selling Advice, Real Estate News
As a buyer or seller you may run into the concept of dual agency. That is basically where an agent “represents” both sides of a real estate transaction. Say my company has a listing. I also have a buyer under a Buyer Agency Agreement. My buyer likes the house I have listed. Uh oh. No problem. Under Dual Agency I can say to my buyer and seller, “Don’t worry, I’ll represent both of you”. Riiiiight.
In a nutshell, I do NOT practice dual agency because I believe in keeping my promises. When I get a listing I promise to represent that seller throughout the entire process, from listing to closing. It would be wrong of me to go back to my seller and tell him I can no longer represent just him because now I have a buyer and can get both sides of the deal. Same with a buyer.
Now, dual agency can get pretty confusing with “designated agency, who is representing whom, who can and cannot be a designated agent. It just isn’t worth the liability. So, I keep it simple. If you are my buyer or seller I represent ONLY you throughout the ENTIRE transaction. Ask your “big company” agent is they can make the same claim.
| Discussion: No Comments »
6012 Turkey Farm Road - Stoneridge - READY FOR SHOWING
April 15th, 2008 categories: Neighborhoods, Real Estate Market
The beautiful home located at 6012 Turkey Farm Road in Stoneridge is now open for showing. Have your buyer agent set up a showing! The visual tour has been updated with interior pictures. The MLS # is 993245.
CLICK HERE for a VisualTour of this listing.
| Discussion: No Comments »
6012 Turkey Farm Road - Stoneridge, Chapel Hill
April 1st, 2008 categories: Neighborhoods, Real Estate Market, Real Estate News
There is a new listing on the market! The home is located at 6012 Turkey Farm Road, Chapel Hill, NC. It is in the highly desirable Stoneridge/Sedgefield neighborhood. Situated on four acres, this home overlooks the Johnston Mill Nature Preserve. After wandering through your own four acres you can go across the street and spend hours in the preserve. Great privacy, yet you are close to everything! You also get the great Chapel Hill schools, without the city taxes. (There is a small school tax on top of the county tax, but it is well worth it!)
The house has three bedrooms and three full baths. There are also two additional rooms that could be used as offices, media rooms, exercise rooms - you decide how to use them! Great attached garage workshop, as well as a large outside storage shed. Great kitchen, breakfast area, family room to spend a lot of quality hours. Or get away to the comfortable living room for some quiet. There is a large back deck to relax and enjoy nature.
CLICK HERE for a VisualTour of this listing.
For more information on this wonderful home, give me a call at 919-417-9753, or email me at jjod3@earthlink.net.
| Discussion: 1 Comment »
