Under Contract! 2439 Valley Way Cheverly, MD 20785

Kick Back on the Deck – You Can Almost Smell the BBQ!

Sunny good-sized rooms, a lovely table-space kitchen with updated appliances & countertop. Go from kitchen to back-yard deck for a summer BBQ, or just sit & enjoy the morning breeze. The basement is finished with a very nice full bath & laundry area, plus a 1-car garage. Nicely landscaped. Short walk to Metro. Open Saturday from 1 to 3! Come early & experience Cheverly’s Truck Touch.

MLS #PG8619010

Price: $340,000
Bedrooms: 3
Bathrooms: 2
Square Feet: 1,316

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Under Contract! 5B Eastway Greenbelt, MD 20770

Front view of 5B Eastway Greenbelt, MD 20770

Front view of 5B Eastway Greenbelt, MD 20770

Lots of Space! Main Level Bedroom/Full Bath/Family Room Addition

Walk to shops and the co-op from this spacious block home.  Fantastic floor plan allows for loads of extra room here – the ground-floor addition features a good-sized bedroom, a full bath and a family room that could also be used as a bedroom. Freshly painted, with wood-grained laminate flooring throughout. Skylights brighten the rooms in the addition.

MLS #PG8592977

Price: $190,000
Bedrooms: 3
Bathrooms: 2
Square Feet: 1,484

5B Eastway Greenbelt, MD 20770 lifestyle map

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Smoke Alarm / Carbon Monoxide Detector Requirements in Prince George’s County

I know, sexy headline, right?

Sexier still – to be alive after a fire or carbon monoxide leak.

State law for smoke alarms went into effect July 1, 2013 and mandates that any battery-only operated smoke alarm that is more than 10 years old must be replaced with a unit powered by a 10-year sealed-in battery. All  smoke alarms must be replaced every 10 years, regardless of type. (PDF of image below)

PGFD.Smoke_Alarm_Law

 

Effective July 1, 2014, Prince George’s County mandated that most dwellings in the county must have CO Detectors installed. There should be one carbon monoxide detector installed on each level of the dwelling, in close proximity to sleeping quarters in any residence with gas heating system, fuel burning appliances and/or an attached garage. (PDF of image below.)

PGFD.Carbon_Monoxide

Be safe!

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If a Picture is Worth 1,000 Words…

…then why do we have so many bad ones? What kind of words does a really bad photo convey? Or a decent photo of an ugly room? It seems like such a basic concept – use a photograph to convey to best features of a house, and along the way, the photo itself shouldn’t be a distraction from those features.

Time is limited, attention spans are short. For this example, I purposefully used a very modest kitchen, with a stacked washer/dryer, to show the difference. Not a lot of room, but laid out nicely to maximize the use of the room. Quick – which kitchen appeals to you more?

Photo taken by professional real estate photographer

Photo taken by Susan Pruden

Photo taken by another real estate agent, to market property

Photo taken by another real estate agent, to market property.

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In the Pocket?

236216358_18b34d407e_zGreat – if you’re playing pool!

But what if you’re selling your home? Is that a good place to be? And just whose pocket are you in, anyway?

You have to know what a pocket listing is before you can decide if it works for you as a selling strategy – because that’s what it is, a strategy, not a silver bullet.

The “pocket” in question is the listing agent’s pocket – as in, you’re hidden in the listing agent’s pocket. If your agent is marketing your home before it goes “live” in the MLS, then your home being treated as a “Pocket Listing”.  The question is, is this a good thing or a bad thing?

As with most things real-estate related, the answer is “It depends”.  So let’s explore.

Why might you want to be a pocket listing? You may not want people traipsing through your home. Timing may be more important to you than getting the highest price reasonably possible.  Maybe you’re a celebrity and value your privacy above all else.  You may just find a buyer that is willing to pay a good price and meet your other terms in order to keep from competing on the open market.

And there’s the rub. It’s competition on the open market that is likely to bring you the best price and/or terms. Many real estate agents who tout the benefits of marketing your home privately are likely looking to sell your home themselves, thereby getting both sides of the commission.  There are companies who extol the virtues of not putting your home in the MLS for a week or two, but marketing it “in-house”. They may state that they’ll have more control over the process, but the real reason to do this as a matter of course is to get more business for your company. Not exactly promoting your best interests, is it?

There are also some concerns that pocket listings may present a fair housing issue, but that’s more a problem for agents than sellers.

Not all homes that sell off-MLS are pocket listings. If I talk up your listing before it actually goes on the market, then I’m just building anticipation.  And there are private sales all the time that don’t fit this particular strategy. It’s not illegal and it’s not unethical, as long as you understand the pros and cons, and you go into it with your eyes wide open and your own best interests squarely in front of you.

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