What property will you purchase?
Yes, price is phenomenally important, as is condition and other factors.
When you buy most anything, however – and especially real estate! - you’ll always do one thing: COMPARE.
That’s why when you buy, you should know not only the great things inside a particular home, but also how those things COMPARE to other options in the same area.
This is the information that will make you feel most confident in your decision.
Let’s use someone who’s buying a condo as an example…
Suppose you’re looking to buy a condo near the metro and you’re leaning towards something near the Rockville Town Center – a garden-style building if possible.
You want utilities included in the condo fees.
And you must have an in-unit washer and dryer.
Instead of randomly searching listings and hoping one works for you, a true expert might share the following…
“The Rockville metro has only four condos within walking distance….The Fitz, The Victoria, The Palladian, and Americana Centre….The Fitz does not include all utilities, The Victoria is a high-rise, and The Palladian misses on all points…the Americana Centre high-rise buildings, even if you would consider them, do not have washers and dryers in-unit; they are in the hallway…in fact, the only condos in 20850 and 20852 that include all utilities are The Forum (near White Flint metro), Bethesda Park, and the Grosvenor buildings….The Forum is a high-rise, Bethesda Park is not near the metro, Grosvenor Park I-III are high-rises, and Grosvenor Park IV (the Grosvenor condo with garden-style units) does not have washers and dryers in-unit...based on your initial input, the Americana Centre garden-style units are your only choice”
Start with the building or neighborhood, then work DOWN.
We’ve used metro accessibility as an example here, but maybe you’re looking for a home or townhome within a certain school district.
The specifics are always different, but the overarching point remains the same.
There is a defined number of targets, the overwhelming majority of which can be eliminated with a quick five or ten-minute conversation.
Having a full command of all the neighborhoods allows us to deeply understand its pros and cons and help buyers feel confident in their choices.