January 24, 2025

7 Traps That Condo Buyers Fall Into and How to Avoid Them

Buying a condo is a major decision that comes with a mix of emotions and challenges. Along the way, many buyers unknowingly fall into psychological traps that cloud their judgment and lead to regrets later. Whether it’s fixating on the “perfect” property, rushing to make an offer out of fear, or overlooking hidden costs, these mental pitfalls can derail even the most well-prepared buyer.
September 25, 2024

How Selling a Condo Differs from Selling a House

In the competitive real estate market of Arlington, understanding the distinctions between condos and single-family homes is essential for successful sales. While condos are often sold in greater numbers, their unique marketing requirements, pricing considerations, and communal living aspects can complicate the sales process.
September 19, 2024

The Interest Rate-Condo Price Connection

Low interest rates, while often seen as a driver of real estate transactions, can also discourage homeowners from selling their properties. Many owners secured their homes during a period of historically low mortgage rates. These favorable rates made owning a home more affordable by reducing monthly mortgage payments. If they were to sell, they would likely face much higher interest rates when purchasing a new home, leading to significantly higher monthly payments. This "rate lock-in" effect causes homeowners to think twice about selling,
July 20, 2018

What is Dual Agency and Why You Should Avoid It

As a real estate agent, one of my duties when working with clients is to explain agency law - who represents who in a transaction. Buyers are represented by Buyer Agents and Sellers are represented by Listing Agents. Dual agents, however, ‘try’ and represent both the Buyer and the Seller in a transaction. I say ‘try’ because I don’t believe there is any way you can truly represent the interests of both parties