In this motivational series, I’ll highlight how to become a Peak Performer. Today’s question – how committed are you? Learn why I feel this is SO important in my latest Peak Performer Series message.
Need more motivation? Give me a call at 703-652-5777 or email at scottmacdonald@remax.net
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The Global Pandemic has not slowed down the real estate market here in Northern Virginia. Low inventory levels continue to be the main issue as there are many buyers in the market and not enough homes to purchase. Couple this with historically low-interest rates, and we have a solid seller’s market, which also means we have an extremely challenging buyer’s market. Today, the median days on the market are just six days, and the average days on market are only 19. Now, of course, there are some properties in specific locations and price points that are staying on the market longer, but generally speaking, most houses are selling quickly. Buyers need to make decisions swiftly and make solid offers if they want to be in the running as the next owner of their home of choice.
In today’s market, we do have some additional challenges, not just the shortage of homes for sale. A remarkably close second challenge we are experiencing involves the lending process if the buyer does not select the right lender. For example, we are encountering long lead times for appraisals, lack of urgency to close loans on time (they treat the purchase transactions like a refinance and the loan is in the order it was received,) numerous appraisals coming in low as buyers are escalating prices above market price and response time frames from the loan officer as they are overwhelmed with refinances. As a side note, it is extremely important to select the right lender when you are accepting a contract on your listing or when you are buying your home. The highest offer is not always the best offer.
Additionally, we have a lot of stress in the market. Buyers are losing out on multiple homes, which causes frustration. Sellers not receiving offers as high as they believe they should make them anxious. Agents can be rude, arrogant, unresponsive, and unprofessional, which causes everyone to stress out. It is so important today to hire the right agent to guide you through the home selling or home buying process, an agent that knows how to navigate with you for a smooth and seamless process. So, if you are looking to sell or buy a house today, call me – I have helped many others successfully buy and sell properties in today’s unbalanced market.
I hope you have a great Labor Day!
In this motivational series, I’ll highlight how to become a Peak Performer. I have an important question for you – what have you done to prepare yourself going forward through this pandemic? Now is the time to pivot, and change your plan to make the next six months successful. Listen to my thoughts on this in my latest Peak Performer message.
Need more motivation? Give me a call at 703-652-5777 or email at scottmacdonald@remax.net
FOLLOW MY NEW FACEBOOK PAGE for more motivation, success tips and inspiration: https://www.facebook.com/SuccessSecretsforRealEstate/
In this motivational series, I’ll highlight how to become a Peak Performer. There is no doubt that our perspective of time has changed with this pandemic. So I’d like to ask, how are you focusing your time now? Are you using it wisely? I’d love to know. Hear more of my thoughts on this in my latest Peak Performer message.
Need more motivation? Give me a call at 703-652-5777 or email at scottmacdonald@remax.net
FOLLOW MY NEW FACEBOOK PAGE for more motivation, success tips and inspiration: https://www.facebook.com/SuccessSecretsforRealEstate/
In this motivational series, I’ll highlight how to become a Peak Performer. These are unusual times. Do you have COVID-19 brain? Are you fixated on this pandemic or are you forging forward? Hear more of my thoughts on this in my latest Peak Performer message.
Need more motivation? Give me a call at 703-652-5777 or email at scottmacdonald@remax.net
FOLLOW MY NEW FACEBOOK PAGE for more motivation, success tips and inspiration: https://www.facebook.com/SuccessSecretsforRealEstate/
In this motivational series, I’ll highlight how to become a Peak Performer. What is the one thing you can be doing today to ensure your success while we are in the midst of this pandemic? Learn my thoughts on this in my latest motivation minute message.
Need more motivation or help getting our of your rut? Give me a call at 703-652-5777 or email at scottmacdonald@remax.net
FOLLOW MY NEW FACEBOOK PAGE for more motivation, success tips and inspiration: https://www.facebook.com/SuccessSecretsforRealEstate/
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First and foremost, I hope you are being safe and making good decisions when going out in public so you can remain healthy. Please let me know if I can do anything at all for you during the COVID-19 situation we are in today.
I never imagined that I would be writing a blog commentary like this one. It is insane. Quite frankly, I can’t remember a time when I have said crazy or insane so often but what other words can be used to describe what is going on around the world. Things are happening so rapidly with changes day to day, hour to hour and even minute to minute. The government has stepped in with the $2.2 trillion stimulus package to assist monetarily but is it enough? Only time will tell.
I am still asked the popular question, “what is happening in the real estate market” several times a day. Well, that too changes daily. We have been asked to shift our normal process to include doing virtual showings and virtual open houses, to stop searching for buyers, take listings off the market as well as the complete opposite. Some people need to sell so they are keeping their houses on the market and some buyers need to buy because they recently sold their house or their lease is ending, or a job has relocated them here. Some agents are not showing properties or taking listings and others are as active as ever. My response to all of this is simple, if you are not comfortable selling your house, looking at houses or working in this environment, then please don’t. We would never want you to be uncomfortable or do something that may put your health at risk.
If you are comfortable with the process, please take the appropriate precautions. As such, in an effort to protect our clients and the public as a whole, we are implementing new protocols when any agent, whether from our company or others, shows our listings or if we show houses to our clients. If you are interested in learning more about these protocols, please feel free to call me, I would be happy to share them with you.
Again, please be safe so you can remain healthy and know I am here to help you in any way I can. I hope you have a very Happy Easter with loved ones, it will be one we never forget.
In this motivational series, I’ll highlight how to become a Peak Performer. As we come upon the end of the first quarter of 2020, I’d like to ask you to evaluate yourself. Learn why I find this to be such an important task in my latest motivation minute message.
Need more motivation or help to evaluate yourself? Give me a call at 703-652-5777 or email at scottmacdonald@remax.net
It seems like just yesterday that we started the new decade. You know the saying; time goes by faster when you are busy and boy have we been busy!
The real estate market continues to be very brisk. For example, I have scheduled appointments on a Thursday afternoon to show properties for the coming weekend. Several of the homes went under contract so quick resulting in canceled appointments (and sad clients). These houses were in various areas and various price points throughout Northern Virginia, not isolated in one area. In conversations with sellers, I have been letting them know that even though there are bidding wars, multiple contract situations, etc. the price and condition of the house still rule. If prices are too high for the area/neighborhood or if the home needs some work, it will sit on the market with little to no activity and definitely without offers! When priced well and in “HGTV condition”, there is a feeding frenzy. Buyers in today’s market, realistic or not, are looking for the perfect house and they are willing to pay for it. So, as a seller, get your house in top condition and price it right to get it sold and not be just “for sale”.
Lately, the news and social media have been inundated with information on the Coronavirus. The stock market has dropped over 4,000 points and this question is now coming up in conversation more often; “should I be concerned as a buyer or seller?” At this time, there are concerns but as I previously mentioned, we are still in a great area with sales at a feverish pace. My concern would be more for buyers and sellers in the luxury market. As part of their wealth may be invested in the stock market and as a result, there could be a concern but as we know, the market continuously ebbs and flows and this one is no different. There will be a cure for this killer virus, the stock market will rebound, and houses will continue to be bought and sold. Have no fear! If you would like to discuss this in more detail, feel free to call me.
As always, I am here to help you and your family and friends with their real estate needs. Happy Spring!
In this motivational series, I’ll highlight how to become a Peak Performer. Today I want to share with you what I believe. And that is, I believe most people aren’t living the life they want to or deserve to be living. Is this you? Learn more about getting unstuck in my latest motivational minute message.
Need more motivation? Give me a call at 703-652-5777 or email at scottmacdonald@remax.net
