This page is
currently under construction. Please check back or contact me if you are
interested in buying (or leasing) residential real
property in the Northern Virginia or Greater Washington, DC Capitol metro areas.
Please note: I do not provide Buyer/Lessee (or Seller/Lessor) professional services representation free of charge.
Although
I may (or may not) ultimately get paid by the Seller/Lessor in a
Buyer/Lessee agency arrangement; until such time as a Buyer/Lessee
proceeds with consummation of a property sales or lease transaction, all
expenses incurred in the Buyer/Lessee representation process are
out-of-pocket expenses advanced on the Buyer/Lessee's behalf and paid by
me. Therefore, to guarantee re-reimbursement of costs advanced on the
client's behalf and payment of my professional services; and to also
discourage "run-offs" or theft of professional services, time and
resources; I will require:
- A Signed Exclusive Buyer Agency Agreement (which stipulates that this agent is entitled to X% commission for professional services)
- An Agent Retainer Fee Deposit which is a "Good Faith" or Earnest Money Deposit. This can be placed in my broker's escrow account and credited against Buyer's obligation to pay agent brokerage commission fee if not fully paid by the Seller and/or Listing Broker. If the Seller and/or Listing Broker offer cooperating commission split with me and my broker which is equal to or greater than what I charge for Exclusive Buyer Agency representation, then the Retainer Fee or Good Faith Deposit will be fully refunded to you at settlement/closing, or can be used as a credit towards your closing costs at settlement/closing. If the Seller and/or Listing Broker pays the Buyer Agent commission agreed to in the Exclusive Buyer Agency Agreement, you will ultimately get my professional representation and services totally free of charge!
- Buyer has a Lender's Pre-Approval Letter to demonstrate that they have the wherewithal and resources to purchase property they wish to be shown and are an "able, ready and willing" Buyer. Any lender condition(s) precedent such as selling existing home first if trading up to a larger home or even trading down to a smaller one or any other credit repair, debt to income ratio issues, or other contingencies need to be already met or you are in the process of taking care of any final lender approval issues that could impede settlement/closing on your new home. Lender approval should only be subject to contingency for satisfactory valuation appraisal of property, (required home condition repairs if FHA financing), and no new credit taken out since date of approval or commitment. If the prospective Buyer and client has not already sought mortgage financing, I can of course connect you to a mortgage lender or broker. If you already have a mortgage lender or broker then I will of course be working with you and your lender to insure a smooth settlement/closing and to assist and guide you through this entire process and ensure a "safe landing" at settlement and on your move-in day just like an "air traffic controller".
Please see my Buyer Agency page for an in depth explanation on how Buyer Agency Brokerage & Sales Commissions Work.
There is another option if you do not feel comfortable working with only one Buyer Agent and do not want to commit; but you just want to go out looking at properties only:
There is another option if you do not feel comfortable working with only one Buyer Agent and do not want to commit; but you just want to go out looking at properties only:
- You can hire me as your "taxi driver" and "locksmith" for the day to be shown properties and be able to view and access homes for sale which have a Realtor's lockbox on the door.
- I charge a daily flat rate fee for this type of service, which needs to be scheduled and paid in advance of going out to be shown properties.
- Please note that in this arrangement, I am not representing you and I have no fiduciary agency duty to you.
- In the event that you wanted to write a contract on a property you were shown in the "hire a taxi driver & locksmith for the day" arrangement, I would be working as a sub-agent for the Seller and not necessarily protecting and promoting your best interests (which I am not being paid or hired to do under an Exclusive Buyer Agent Agreement). In this arrangement I cannot answer certain questions about the home, neighborhood, price of comparable homes that have recently been sold, architectural or other home maintenance or condition questions, etc. I am merely being hired to take you around (in an amicable and friendly manner of course) and show you properties only.
- If you wanted to write a contract on a home you were shown under this arrangement, there is a separate flat rate charge for proving all the contract forms and addendum and for the time taken to provide those to you and assist (not represent) you in filling the contract forms out. This too would have to be paid in advance before rendering this service to you.
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