Comparisons, Feelings, Connections | Jim’s Note – May 2024
Happy May. This month: I’m writing about comparisons, perspectives, and connecting. A bit about the Charlottesville real estate market, too. And I didn’t even get to single agent dual agency; that’s next month. Subscribe to my note at JimsNote.com. Comparison is the thief of joy.…
Water is Bad (for Houses)
Water is bad. I've said the sentence, "water is bad" to almost every buyer I've worked with. A home inspector said this to me once, and I've since said it many times -- There are 10 things that go wrong with a house: Water Water…
It’s Ok to Rent
Realtors do a disservice by denigrating renting. Yes, homeownership can be a source of significant wealth. There are copious studies and data out there that back this up. I've had agents talk about me, and never to me that I shouldn't say that renting can…
April 2024 Charlottesville Real Estate Reddit AMA
I love doing these Reddit real estate AMAs. I always learn something. Let's see where we are. If you're interested, here's January's AMA. Thank you to those who participated last time, and I'm hoping to learn something today. Quick level-setting 1 January to 13 April…
The NAR Settlement — Want to Read it With Me?
There's lots of talk in the media/real estate space/coffee shops/Slack channels about the National Association of Realtors proposed settlement. Proposed. Rather than depend on others' interpretations and spins, I'm reading the proposed settlement myself. Want to read it with me? NAR proposed settlement agreement -…
Quick tips for Buyers and Sellers in Charlottesville
We've started doing quarterly conversations about the Charlottesville real estate market and I'm testing what works best for both reach and posterity of the information. I like being able to look back and see what I've been right about, and what I've been wrong about,…
Empathy and Real Estate
I recorded a video this week with a colleague, Greg Slater, and we talked about the Charlottesville and Crozet real estate markets, and market data, and average and median prices, and inventory levels. This point is sticking in my head - good real estate agents…
Single Agent Dual Agency – The Disclosure in Virginia
When we started Nest Realty oh so many years ago, "no single agent dual agency" was one of our founding tenets. No Dual Agency. To my knowledge, we are the only real estate brokerage in the Charlottesville area stating definitively and publicly “No Dual Agency.”…
Nest Realty’s 2023 Annual Report
Market data is fun. Beautiful display of data is useful. Market data + beautiful display *and* appropriate context = relevance. Nest Realty's Annual Report is out, and it's beautiful. Want a copy? I'll gladly mail you one. (Just ask me) or download it here. For…
2024 Real Estate Assessments in Charlottesville & Albemarle
While the title reads "Charlottesville and Albemarle," the following applies to Nelson, Louisa, Greene, Fluvanna. You've gotten your 2024 real estate assessments. What does it mean? It means that that is the value on which you pay your real estate taxes It means that you…