Charlottesville VA Real Estate

Please refer to the following list of Frequently Asked Questions about a variety of real estate topics.  If you have additional questions or need clarification about any of the questions or answers found here, don’t hesitate to call me at 434.817.6055 in the office, or toll free at 1.800.257.8329 x6055; of course, you can always email me.

1. What is a "Buyer's Agent" and why should I have one?

Please see this flyer for more information about how I can help you as your Buyer's Agent.

A Buyer's Agent is a real estate agent who has entered into an agreement with a potential home buyer. The legal document for creating this relationship is called the "Virginia Association of REALTORS® Exclusive Right to Represent Buyer Agreement." This document is a standardized form outlining the terms and duties for both the buyer and the broker (owner) of the real estate firm. The agreement is actually between the real estate firm and the buyer, but typically there is one real estate agent per buyer acting as a Buyer's Agent. In general terms, the agreement says in part that the real estate agent will work for the buyer, with a legal obligation to "represent solely the interest of the Buyer in all negotiations and transactions regarding the acquisition of real property..." What this really means is that you will have a real estate professional "on your side," partnering with you during the home buying process. Think of it this way ~ if I am your Buyer's Agent, you are my client. I work for you.  We can discuss strategies, share confidential information, and work together to negotiate the best possible deal with the seller.  If you don't engage me as your Buyer's Agent, but you want me to show you some houses, I can do that, but you will be a "Customer" and you should be aware that I am working for the sellers of each house we see.  You should not share any information with me that you would not want the seller to know. I am unable to guide you or act on your behalf. Commissions on real estate sales are typically paid by the seller, so engaging a Buyer's Agent to work on your behalf won't cost you anything, and the benefits can be substantial. For more information, call 434.817.6055 or email me today!

2. How are REALTORS® compensated?

Unlike most professionals, REALTORS® are usually not paid for their services as they are rendered. We have traditionally been compensated through commissions received after properties have been closed. Commissions are divided between the broker (owner) of the real estate company and the sales associate. REALTORS® are Independent Contractors, and as such receive no salaried income or benefits from the firm. Both the firm and the agent incur expenses as part of the normal business process and these expenses are not offset until after closing.

3. Can you show me properties that other firms or agents have listed for sale?

Yes!  I can help you with any property. As a licensed REALTOR® in Virginia, I have access to a database that contains ALL properties for sale in at least 12 counties in and around central Virginia.  I can take you to see the inside of any property you like, and would welcome the opportunity to partner with you in your search for a new home. I can search the database for properties for you based on your criteria, and I can call you or even email you with details on properties that match. Call me in the office at 434.817.6055 or email me.

4. Where can I learn more about the Charlottesville community?

I'm curious about schools, activities, neighborhoods, businesses, etc.
There is a wealth of information about our area available on my “Area Info” page. Enjoy!

5. When I list my home for sale with you, what will you do to market the property?

There are many activities involved in the successful marketing of a property. With your approval, some of the things I will be doing for you include:

  • Consult with you regarding proper pricing for the sale of your home, based on factors that are important to you.
  • Enter your home into the nationwide database to maximize exposure to the market.
  • Host an initial REALTOR® Open House to maximize exposure to other real estate agents, each of whom has buyers who may ultimately want to purchase your house.
  • Host Open Houses that are open to the public.
  • Create a "Virtual Tour" of your property for maximum impact on the internet.
  • Advertise your property locally, nationally and internationally as appropriate in newspapers, magazines and via the internet. I know what it will take to sell your home, and you can count on me for maximum exposure.
  • Create flyers, brochures, mailings, and other creative marketing pieces.
  • Setup a “For Sale” sign and brochure box at your property, and setup a “lockbox” to enable REALTORS® to show your property.
  • Maintain regular communication with you throughout the process. As your Home Sale Consultant, I am working for you and will keep you informed at all times.
  • Present to you all offers that come in - in addition, I will ascertain buyer qualifications and review, counsel and advise you on contractual terms. I will consult with you regarding your decision to accept, reject or negotiate counteroffers. I will obtain all required signatures and work with the Buyer's Agent as well as with the closing company and/or attorney to ensure as smooth a transaction as possible.

For more information about marketing your property, or for a complimentary market analysis of your home, call 434.817.6055 or email me today!

 

 

Featured Homes
(scroll down for more listings):
****************************************

 

 

 

$599,950 - Dunlora - 2008 Renovation - spectacular! See www.845KingWilliamDrive.com for more info! See the MLS listing here.
FREE 24-HOUR RECORDED info: 800-544-4727 x2038
****************************************

 

 

 

$249,950 - Eagles Landing - 4BR condo - great investment or could be owner/occupied; Great Match Day option for a group of incoming Residents; 1,450 square feet! Location, Amenities!   See the MLS listing here.
****************************************

 

 

 

$199,950 - CHARLOTTESVILLE TOWERS -

Rarely available 2BR/1.5BA condo just steps to the Downtown Mall. See www.charlottesvilletowers.com for more details, or see the MLS listing here.
FREE 24-HOUR RECORDED info: 800-544-4727 x2061
****************************************

 

 

 

$199,950 - STONEHENGE - Excellent location, minutes to the UVA Hospital. 3 BR/2.5 BA townhouse in great condition! Available for sale or for rent. F or more details, orsee theMLS listings here.
****************************************

Barracks West Condos FOR SALE:
Several condos to choose from - all priced to SELL starting at $139,950 - call or email for more details.

****************************************
Call or email me for more information.

Steve Taylor
434.817.6055 (office)
800.257.8329 x6055 (toll free)
434.817.9808 (fax)
434.249.4972 (wireless)