Dan and Traci Rochon – Greetings Virginia

Dan and Traci Rochon – Greetings Virginia

Dan and Traci Rochon with Keller Williams Realty is a full-service real estate sales company that helps clients in the Washington metro region buy and sell properties in all price ranges. The vast Keller Williams network allows our agents the opportunity to successfully complete hundreds of buying and selling transactions for our clients. As with any Keller Williams Realty office, our associates work their own way with their own clients, but we all come together to share our knowledge and resources.

Whether you are a “seasoned” home buyer or home seller or this is your first real estate transaction, all of our agents at Dan and Traci & Consultants with Keller Williams Realty are here to help you through this big step. Buying or selling a home can be very complicated and stressful, that’s why our agents are knowledgeable and have comprehensive training to help you with your real estate purchase and make it stress free as possible. We advocate for our real estate clients in Virginia, Maryland and Washington DC. The Virginia, Maryland, and Washington DC area has full of history and great properties to buy.

Contact Dan and Traci Rochon today to find out how our team can help you!

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Top 5 Ways to Grow Your Digital Brand

color city conceptWhen you Google real estate in your local market, is your business at the top of the search results? With 92 percent of potential buyers house hunting online, boosting your online marketing efforts is crucial for building a successful business. Here, Marki Lemons-Ryhal—social media expert and 2013 HomeFinder.com Agent Makeover Sweepstakes speaker—shares her tips for dominating your online market.

1. Set “SMART” goals: When adopting a new online marketing strategy, set SMART (specific, measurable, action-oriented, realistic and timely) goals. If you want to break into a new market, outline what steps you need to take.

2. Know what’s trending: How are buyers searching for real estate in your market? Visit Google.com/trends and type your market + “real estate” (ex. Boston real estate) in the search bar to see what keywords are being searched most frequently.

3. Own your community: Social media is an easy and free way to control your sphere of influence online. Engage buyers in your market on sites like Pinterest, Instagram and Tumblr. These are highly visual sites that can give potential buyers a first-hand look at life in your market.

4. Be simple, be social: Keep your social content short, simple and engaging. Potential buyers should be able to read, understand and engage with your content in less than three minutes.

5. Stay consistent with “COPE”: Creating relevant content can be time-consuming, so remember to “COPE”: Create once, post everywhere. For example, if you write “Ten Tips to Boost Your Summer Curb Appeal,” post one or two tips a week.

For more information, visit www.homefinder.com.

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Financing Your Home Renovations

Financing Your Home Renovations

If you have chosen to renovate your house then you know the price can easily surpass your forecasts. House remodeling tends to have what is known as “scope creep.” This is when the renovation begins and as they progress new things or problems cause there to be more work than initially expected. This can be difficult to deal with if financing is limited so it’s a wise decision to build contingencies into your financing plans right at the beginning. That way when the excitement pops up, you will be ready for them.

When thinking about renovation financing there are two likely applicants for you to consider. The house financial loan and the home owner’s history of credit score. The quantity available for a house financial loan is based on the quantity of value that you have built up in your house. This financial loan is sometimes referred to as a second home loan. It is measured by taking the value of your house and subtracting the quantity left outstanding on the original home loan. If you own your house overall, then the quantity would be the house’s value. As an example, if you have a house that is worth $250,000 and you have already paid off $110,000 then your gathered value would be $140,000. The value of the property is what assures the financial loan, so interest rate is low as well as the payments. It is also normal to be able to secure fixed interest rate for such loans.

The other well-known financing choice is the home owner’s history of credit score. This financial loan does not have a limited quantity save for the limit which is once again decided by your value. This is a well-known choice as it allows for a lot of room when considering costs. The financial loan operates much like a credit card, with a varying attention amount. This is certainly the most flexible of the choices and does not have a certain end date. The history of credit score remains open for as long as you need it and do not close it out.

The best way to identify which interest amount is proper for your needs is to consult a financial expert or banker. Focus on your needs and try to discover a financial loan that is customized for you. Remember that your house is going to be on the range as security so make sure to plan your payment schedule carefully and within what you can afford to pay. Make sure that you research all your choices here and discover what works for you and your budget.

 

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How to Keep Your Home Competitive

How to Keep Your Home Competitive

In a perfect world, your house would sell the same 7 days that it is listed on the market, but this is not a perfect world. The query occurs, “how do I make sure that my home is competitive?” There are a few items that one needs to do to make sure their house gets noticed first, gets considered first, and rationally, sells first. These factors are a mixture of improving the home’s charm and interior details, plus a few innovative hits that make the viewing experience more pleasant for potential buyers.

First of all, take a look at your home’s exterior. Now evaluate that to images of other detailed houses from the same place. Which house would you want to look at first totally on a visible basis? If it is not your house, you have some work to do. It’s difficult to look at your house with a divided eye, but it is necessary. Set aside the decades of good remembrances and try to “be the customer,” observe any little information that need solving or a cosmetic retouch and get those done.

Then convert your interest to the inside. Most houses are a bit to messy to demonstrate off the facts of a home’s interior. This is not to say that a house is unpleasant, it’s just “lived in.” Try to minimize the quantity of furnishings and “stuff” in your house. If necessary, eliminate some things and put them in storage space. You are going to be moving soon anyway, why not get a jump start on it? The more “open” your house seems, the better for showing. Make sure to fresh off all surfaces and clean the closets. Buyers are nosey and will begin all the closets, cabinets and cupboards to make sure there is enough space for their things. Would not you?

Lastly, make sure that your house is pleasant when people come to view it. Keep the temperature range warmed if it is cool outside, and cool if it is hot. It will probably be necessary to clean the house everyday to sustain its wonderful condition. Also, little things like pleasant scents can help people to feel more at home, cinnamon or chocolate chip cookies are very soothing odors. But if you implement these, make sure there are some treats available as viewers might get nibbly!

 

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Improving Economy Slowly Brightens Outlook for Commercial Real Estate

commercial_building_vacantThe strong rebound in economic growth during the second quarter and ongoing job creation are gradually improving the outlook for all of the major commercial real estate sectors, according to the National Association of REALTORS® quarterly commercial real estate forecast.

Lawrence Yun, NAR chief economist, says after many false starts, the economy finally appears to be turning a corner to firmer ground. “The job market has been the bright spot of the economy this year as employers are feeling more confident about their growth prospects and adding to their payrolls,” he says. “This gradual turnaround from being overly cautious to more optimistic should slightly boost the demand for leasing and purchase activity as well as new construction projects in the upcoming year.”

Yun adds, “The economy can handle the inevitable rise in interest rates as long as commercial rents steadily rise to generate investor returns.”

National office vacancy rates are forecast to remain unchanged over the coming year, mostly due to added inventory entering the market. Rising exports and a shrinking trade deficit should lead to a declining vacancy rate for industrial space (0.4 percent), while retail space is forecast to decline 0.2 percent behind favorable gains in personal income and consumer spending.

“New construction for multifamily housing has picked up in recent months and looks to be alleviating the short supply,” says Yun. “However, the demand for rental housing continues to show strength. As a result, rent growth will outpace broad consumer inflation in upcoming years.”

NAR’s latest Commercial Real Estate Outlook1 offers overall projections for four major commercial sectors and analyzes quarterly data in the office, industrial, retail and multifamily markets. Historic data for metro areas were provided by REIS Inc., a source of commercial real estate performance information.

Office Markets

Office vacancy rates are forecast to remain unchanged at15.7 percent through the third quarter of 2015.

Currently, the markets with the lowest office vacancy rates in the third quarter are Washington, D.C., at 9.3 percent; New York City, 9.6 percent; Little Rock, Ark., 11.5 percent; San Francisco, 12.4 percent; and New Orleans, at 12.7 percent.

Office rents are projected to increase 2.6 percent in 2014 and 3.2 percent next year. Net absorption of office space in the U.S., which includes the leasing of new space coming on the market as well as space in existing properties, is likely to total 36.2 million square feet this year and 50.7 million in 2015.

Industrial Markets 

Industrial vacancy rates are expected to fall from 8.9 percent in the third quarter to 8.5 percent in the third quarter of 2015.

The areas with the lowest industrial vacancy rates currently are Orange County, Calif., with a vacancy rate of 3.5 percent; Los Angeles, 3.8 percent; Seattle, 5.9 percent; Miami, 6.1; and Palm Beach, Fla., at 6.6 percent.

Annual industrial rents should rise 2.4 percent this year and 2.8 percent in 2015. Net absorption of industrial space nationally is seen at 107.6 million square feet in 2014 and 104.9 million next year.

Retail Markets

Vacancy rates in the retail market are expected to decline from 9.8 percent currently to 9.6 percent in the third quarter of 2015.

Currently, the markets with the lowest retail vacancy rates include San Francisco, at 3.5 percent; Fairfield County, Conn., 3.9 percent; San Jose, Calif., 4.6 percent; Long Island, N.Y., 5.2 percent; and Orange County, Calif., at 5.3 percent.

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