Rachel's Blog

Hello July

By Rachel Cheng

Hello July July 2024 June went by in a flash and summer is in full swing!  I hope yours is off to a great start.  I began writing this newsletter weeks ago and have had to make many changes through the delay…everything from community events, where to watch fireworks, the National Association of Realtors (NAR) […]

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Market Update

By Rachel Cheng

Market Update May 2024 I hope your spring is off to beautiful new beginnings!  Godspeed to my teacher friends and parents of littles these last few months of school. As you will see below, I have put together two charts to share with you this month.  Both represent all residentials sales within Northern Virginia (Arlington, Alexandria, Fairfax, […]

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More About NAR

By Rachel Cheng

More About NAR April 2024 Some more insight into the NAR lawsuit… It is important to note the lawsuits have been ongoing for years.  (Yes, there are more than one.)  Equally important to note is the judge has not approved the settlement proposed by the National Association of Realtors (NAR).  Everything you have heard and […]

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NAR Lawsuit

By Rachel Cheng

NAR Lawsuit March 2024 As many of you have heard the National Association of Realtors (NAR) has settled.  If you are not familiar with the suit, that’s OK.  While the suit is complex, affecting national, state, and local law, here is the gist: For years sellers have been told the commission rate to sell their […]

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Shift Happens

By Rachel Cheng

Shift Happens January 2024 I hope you had a lovely holiday season and your 2024 is off to a great start! Like recent years, the housing market is full speed ahead this month, a big change from late 2023. While the change is not yet captured in the data, colleagues have reported the shift, and […]

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Selling Myths

By Rachel Cheng

Selling Myths November 2023 Based on a few recent questions, I am sharing the following home selling myths. May these tips provide some comfort as you decide if a move is in your future. I need to upgrade my home before selling. False! My strategy differs depending on many factors, but cosmetic upgrades are not […]

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Moving Tips

By Rachel Cheng

Moving Tips September 2023 Moving to a new home can be an exciting but stressful journey. By finding the right movers and having a good, though flexible, moving plan, most of the common moving headaches can be easily avoided. Start Planning Finding the best mover for you at the right price involves a simple evaluation […]

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Intelligent Pricing and Timing

By Rachel Cheng

Intelligent Pricing and Timing August 2023 Pricing a home for sale is as much art as science, but there are a few truisms that never change. • Fair market value attracts buyers, overpricing never does. • The first two weeks of marketing are crucial. • The market never lies, but it can change its mind. […]

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Online Home Valuation Tools

By Rachel Cheng

Online Home Valuation Tools July 2023 Plenty of sellers have utilized automated home valuation tools online only to be shocked or surprised at the home value it estimates for them. While sellers are typically pleased when the values appear higher than they expected, many online instant valuations come in far lower. Estimating a home’s market […]

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