Gargasht Team: August 2012

Thursday, August 30, 2012

Seeking an Intern for the Fall 2012 Semester!

Real Estate Professional is seeking an outgoing and self-motivated individual in need of work experience while going to school. This is a paid internship available Immediately in a Real Estate Office located in WOODBRIDGE, VA. Candidate must be able to dedicate 12 hours per week, for a 12 week time period. The candidate must be able to work the following Schedule:

Monday 9AM - 1PM
Wednesday 9AM - 1PM
Thursday 12noon - 4PM

Applicant must

have completed or be enrolled in an Associate's or Bachelor's degree program related to Business and/or Marketing
have basic knowledge of Microsoft Office
have the ability to Multitask
have own form of reliable transportation

Selected candidate will perform the following tasks:

Preparing required documents for clients
Submitting paperwork in the office via company website
Calling banks to follow up on files
Updating status on files
Maintaining multiple social media accounts and real estate websites
Marketing property listings through craigslist ads
Handling mailing, marketing, birthday cards, holiday cards, creating brochures for clients.

**Organization and attention to detail is a Plus**

Internship Purpose: To create and document systems and procedures used by Real Estate Professional.

Candidate will be trained fully on how to perform above tasks. This will increase your knowledge on how to work in a professional environment and get experience in the Real Estate Industry.

Please email your resume to hamedgargasht@kw.com and add "Internship" in the subject line. The attachment must be in Word or PDF format. Please note again that the office is located in Woodbridge, VA and you must have your own form of reliable transportation or the ability to commute to the office.

Equal Opportunity Employer

Tuesday, August 28, 2012

Condominiums & Homes Lead Sales Growth

As regular readers know, I keep track of the national media spin on real estate matters because our Woodbridge home sales often reflects the tone we all pick up from the feel of the wider market. So let’s not beat around the bush: again in August, the residential real estate picture continued its rise. It has been sensible to remain cautiously optimistic about the direction of things for a good long while, but at this juncture, it’s finally beginning to look like a trend has taken shape.

“For the fifth consecutive month,” the Wall Street Journal reported in its news pages, “sales of previously owned homes notched another rise.” Woodbridge homeowners who have gone through literally years of sinking prices and moribund home sales must be worried as they read this –worried that someone will snap them out of this pleasant daydream. But it’s real: despite most of the other national economic news that remains considerably less encouraging, the real estate picture is heartening.

The National Association of REALTORS^®, agrees. They report that single family homes, condominiums and townhomes increased sales. Single family home sales rose 9.9% over last year, with condo sales jumping a full 14%.

A low inventory of homes for sale is believed to be at least partially responsible for strong new homes sales numbers. The nation’s biggest builder of luxury homes, Toll Brothers, reported a sales leap of 57% from last year. Meantime, the price picture showed the kind of growth you would expect: median prices were up over 9% from a year ago.

Supporting trends were also interesting. Distressed sales (foreclosures and short sales) were down markedly, reflecting a tightening supply. This is probably an indication that the glut of such properties has finally worked its way through the market; certainly an encouraging sign for homeowners who have been waiting to list until the home sales market strengthens. The WSJ news story would likely provide some encouragement: they feature one would-be buyer who bid on a home, but lost it to a higher bidder. He and his wife had been viewing homes all summer before finally making their offer. “Maybe I stepped in a month too late,” he’s quoted as saying.

For Woodbridge homeowners who have been biding their time, that kind of quote will surely be music to their ears. If you have been watching and waiting for your own entry into the local market, I hope you will give me a call to investigate the latest comparables in your own neighborhood.

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