A Quick Minute of Motivation

In this new motivational series, I’ll highlight how to become a Peak Performer.

In today’s Peak Performer Series message we are going to talk about the word “why” and why it is important to ask why when talking with your customers or associates. Learn more in my quick video.

Need more motivation? Give me a call at 703-652-5777 or email at scottmacdonald@remax.net

Now go sell something! 

Scott’s Market Minute 7/13/18

What do amusement parks and the real estate market have in common? Find out the answer and great up to date information on the local Northern Virginia real estate market in this weeks Market Minute message.

Would you like to talk about your specific situation? Give me a call at 703-652-5777 or email me at scottmacdonald@remax.net

A Quick Minute of Motivation

In this new motivational series, I’ll highlight how to become a Peak Performer.

In today’s Peak Performer Series message I’m hoping to help you stop the excuses and become resourceful. Go out and find the resources you need to build your success. Make it happen! How you may ask? Watch my video to find out more!

Need more motivation? Give me a call at 703-652-5777 or email at scottmacdonald@remax.net

Now go sell something! 

Scott’s Market Minute 7/6/18

Much like my desk today, the real estate market is a mess! Learn more about the advantage of being a buyer in the Northern Virginia market right now in my latest Market Minute message.

Would you like to talk about your current situation – looking or buy or sell?  Give me a call at 703-652-5777 or email me at scottmacdonald@remax.net

July Market Update

Mid-Year Update18_300364_SummerSocialCovers_FB4

With half of the year over, the real estate market in Northern Virginia has slowed to a normal pace. This has put some sellers and Realtors in a bit of a panic as they felt the brisk market we experienced earlier this year was going to continue for a longer time than it did. It is important to understand that the frenetic pace of sales in February, March and into April was not sustainable nor the norm. We still are experiencing sales, but houses are not selling in hours or days for the most part, but are now selling in weeks, which is what is the expected time frame. Buyers are being more selective and taking their time making decisions which, again, is normal. Keep in mind, there is now more inventory and houses are staying on the market longer which means more choices and time for buyers to make decisions. If you are the seller, please know that this is okay. Your house will sell if it has a compelling price, is in great condition and a in nice location, it just won’t sell as fast as your neighbor’s house did earlier this year. Keep in mind, we are still seeing multiple offers on homes that meet the conditions above.

The real estate market can and does change on a dime. Important factors to pay attention to are: inventory levels in your price range, days on market – both average and median, and prices – if are they up or if are they are down. Every market is different and therefore deserves special attention which we can help you analyze. Experience matters so be sure to reach out to us if you are considering selling.

Interest rates on mortgages increased but have recently eased back down which is good news for buyers. We expect to be in this type of environment through the end of the year – somewhere between 4.5 and 5% for 30 -year fixed loans. These are awesome rates for sure, which is important for buyers to remember. The theory is higher rates will affect first time buyers in lower price points more than move up buyers or even first-time buyers in higher price points, so keep an eye out if you are considering a purchase. We are here to help you determine what loan program is best for you. We are full service!
Have a very Happy 4th of July celebrating with family and friends. Be safe!

A Quick Minute of Motivation

In this new motivational series, I’ll highlight how to become a Peak Performer.

In today’s Peak Performer Series message I wanted to suggest a quick mid-year task to help with your success – rate yourself! That’s right, take a few moments today to seriously think about how successful you have been so far this year in any category you can think of. Rate yourself on a scale of 1-10. What level are you at? What will it take to get you to a level 10??? Let me know where your categories rank or if you need help in any of the areas you have identified as being less than a level 10.

Need more motivation? Give me a call at 703-652-5777 or email at scottmacdonald@remax.net

Now go sell something! 

A Quick Minute of Motivation

In this new motivational series, I’ll highlight how to become a Peak Performer.

In today’s Peak Performer Series message I wanted to talk about a old saying I’m sure we’ve all heard – “You get what you pay for.”  This saying is so true in life, in many aspects. Are you getting what you pay for?  Hear a little more about this topic in my latest video.

Need more motivation? Give me a call at 703-652-5777 or email at scottmacdonald@remax.net

Now go sell something! 

A Quick Minute of Motivation

In this new motivational series, I’ll highlight how to become a Peak Performer.

In today’s Peak Performer Series message I wanted to ask you a question – Do you own it? If you’re selling homes, do you own your own home? Do you own your business and your business plan? Learn more about the impact of “owning it” and how it will benefit your business.

Need more motivation? Give me a call at 703-652-5777 or email at scottmacdonald@remax.net

Now go sell something! 

And don’t forget to subscribe to my blog at www.scottymacsblog.com

A Quick Minute of Motivation

In this new motivational series, I’ll highlight how to become a Peak Performer.

In today’s Peak Performer Series message I wanted to talk to you about becoming a person of value. How do you set yourself apart from your competitors? How do you add value to clients? I’ve got some great ideas for you in my message this week.

Need more motivation? Give me a call at 703-652-5777 or email at scottmacdonald@remax.net

Now go sell something! 

And don’t forget to subscribe to my blog at www.scottymacsblog.com

June Market Update

Hello Summer!

summer remax

As we head into the long, hot days of summer, we are seeing that the Northern Virginia real estate market is in a “weird” place right now. It appears that some current buyers are creating unrealistic expectations while on the search for their new home – not every house is perfect, nor will it be. Each home has its flaws and sellers are not required to make houses “like new”. Home inspection list requests, multiple visits to the house with multiple inspectors (some licensed, some not) and extensive walk through items on or before the day of settlement are making selling a house even more difficult today than ever before. Unreasonable demands are being put on sellers and buyers in many cases are threatening not to close over last minute or minor issues that did not come up on the home inspection. Now, this isn’t happening in all cases, but it is in a lot of situations which is making the process more stressful than home selling normally is. It is my belief that buyers feel they are paying too much or are paying top dollar and because of shows they see HGTV, they feel the houses need to be nearly perfect. Hopefully, these demands will revert back to normal sooner rather than later. Time will tell.

So, what does this mean? It is more important today to have a professional Realtor, with years of experience on your side to guide you through the process, letting you know what is reasonable and expected and what is not. This is for both buyers and sellers. Please let me know if you or anyone you know may need my assistance.

As far as inventory goes, we are relatively flat week-over-week recently and sales remain strong. The issue remains the number of houses for sale are 18% below last year and 29% below 2 years ago and with sales remaining consistently high, we see prices increasing in some areas across the region. Now, not every market is strong, and not every house is seeing an escalation in value so please be sure to ask me what the right price is for your house if you are considering selling. Each area, house type, condition of the property and location dictate value today.

Stay dry and cool in these crazy summertime weather conditions.