Charlottesville’s Real Estate Blog since 2005.

Clear, Honest Market Analysis. For People, Not Realtors.

Month: May 2008

GENERAL REAL ESTATE

How much do I charge for sending out a referral?

Karma. Just (hopefully good) Karma. I don't like the feeling when I pay a referral fee (although they do pay the bills occasionally), so I don't want to transfer that same ill feeling to another agent. Inspiration for this post - Ardell's STOP TAKING MONEY…

BUYERS

Negotiate anything

Even real estate contracts. If more Realtors and buyers and sellers could or would recognize these simple facts, we would all be better off. Good negotiations are not personal. When buyers and sellers focus on what the other person is getting, negotiations deteriorate. I remember…

GENERAL REAL ESTATE

What the DOJ-NAR settlement means for me

Probably very little. My thoughts on the DOJ -v- NAR settlement, at the prodding of a reader (thank you!) specifically regarding this article in the Washington Post - Justice Department officials and others who have tracked the case said the agreement will result in more…

MARKETING

Tracking Gen Y in real estate

Gen Y and the Baby Boomers are among the "next big thing" regarding real estate for the foreseeable future. Understanding markets' specific cultures, intricacies and idiosyncrasies is crucial to business success. Thanks to Read Write Web's recent post of OPML files for focused on Gen…

ALBEMARLE

Policy Maps for today’s real estate consumer

One of the most common questions that buyer clients ask is - what kind of people live here? Most often (although I do have some stories about profoundly ignorant people) they are asking - "do they have kids here?" or "do the people around here…

CHARLOTTESVILLE

Apparently Charlottesville real estate is overpriced

Reports Laura Rowley. Charlottesville is #14 but Lynchburg is #1??!! ... according to Moody's Economy.com. The company determines an “equilibrium price” for the market based on its analysis of long-term supply and demand trends. The ranking “highly overpriced” indicates that the current market house price…

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Jim Duncan has been helping buyers and sellers in Charlottesville’s neighborhoods for 25 years. Get local insight born of experience.