This column is written by Metro DC Houses, a local real estate team serving DC, MD, VA made up of Colin Johnson, the immediate past President for the D.C. Association of Realtors and Christopher Suranna, the current President for the D.C. Association of Realtors.
How does a real estate agent start their 2019?
Well, by shooting themselves in the foot; not really. It shouldn’t be a surprise to many that when it comes to selling one’s property, it turns into a little bit of a chest-beating moment.
You’ve probably heard people say they received “this” amount over list price or “that” many offers; yadda, yadda, at the end of the day it only takes two parties to tango, but how you get there is the dance. We were recently at a listing appointment and a potential seller asked if we could sell their property off market and we said sure but, WHY?
Now I’m sure people, especially agents, would love to jump at this chance. But I asked, what is the concern? Is it people having access to your home, time constraints or are you afraid that if you list your property for sale someone or, even worse, no one is going to like it?
I once had a much wiser mentor say to me “sales is like dating.” Now I’ll spare you the details, but let’s put it this way: you’re NOT likely going to the courthouse with the first person that catches your eye and in today’s market with the amount of eyes on a limited number of properties just think of all the potential catches that are available.
Now don’t chew my head off, I am sure a whole group of agents and buyers have purchased properties off plans (when building is pre-construction). Even then, others may be competing for a particular property and the seller is very commonly heavily directing pricing; usually the seller is more than knowledgeable on real estate conditions.
There are also lots of examples of 1031 exchanges, family exchanges, etc… but we wanted to look at the numbers for a traditional resale sale.
Is there a clear winner when an off-market property sale takes place? NO. We looked at 3 zip codes in D.C. — 20003, 20010 and 20011. We wanted an even mix of condo/coop sales, fee-simple (house) sales and enough data to really see if it matters, so we looked at all of the transactions in the past 60 days.
Now remember our blog is only 500 words and if you made it this far you’ve likely read more than 80% of our readers, high five, so I am going to keep it too the point.
“Dear PoPville Readers:
I am one of the founding members of the DC Bocce League (started it way back in 2004!) and I’m curious to find out how many couples met playing in the League. We used to keep track of our “bocce couples” — players that met at bocce and eventually married — on our website.
Unfortunately as the League has grown, it’s been difficult to keep the page up to date. I’m putting out a call to your readers to find out who’s missing from this page! Add your comments to this post or send us an email at [email protected] to be included.
Full disclosure: I recently married and met my spouse playing bocce!
If you’re looking to meet area singles or just want an excuse to be social once a week, you can sign up to play in the DC Bocce League this winter. Play bocce indoors at one of these local bars:
- Tuesdays at Shaw’s Tavern (Shaw)
- Tuesdays at the G.O.A.T. (Arlington)
- Wednesdays at the American Legion (Capitol Hill)
- Thursdays at Lou’s City Bar (Columbia Heights)
- Thursdays at Buffalo Billiards (Dupont Circle)
Use discount code COUPLES to get $20 off registration.
Readers — thanks for your help. Maybe we’ll see you at bocce this winter!
Real Estate Fresh Finds is a weekly selection of newly-listed properties in the District, brought to you by Real Living At Home.
Featured Property of the Week: 560 N Street SW #N707
- 560 square foot studio unit at the Harbour Square condominium complex in Southwest Waterfront boasts a wealth of community features including a community rooftop with amazing views, a renovated gym, library, indoor swimming pool, 24-hour security and water gardens with tables and grills just steps from the Wharf neighborhood!
Other Notable Fresh Listings:
- The Most Expensive Home of the Week is a 11 BR/10 BA, 7 half bath villa in Forest Hills with over 16,000 square feet described as “Palazzo della Felicita” (Palace of Happiness) listed for $15M.
- “Fully renovated (4 BR detached) on a quiet street in the sought-after neighborhood of Deanwood.”
- Another newly constructed 1 BR unit in the recently completed Chapman Stables at Truxton Circle with a private fenced-in south-facing patio entrance.
- Your REO/Bank Owned Property of the Week is a Brentwood end-unit townhouse with some strict AS-IS contract requirements, but a 3 BR for $400k could be a good value if you can overlook the amateur paint job that ended up on the hardwood.
Is your New Year’s resolution to buy a home in 2019? Let us simplify the home buying process for you!
Stop by our First Time Homebuyer Workshop this weekend, grab some refreshments, and learn from our team of industry experts. The workshop is centrally located at GreenLine Real Estate’s NEW office at 2216 14th Street, NW — between W Street & Florida Avenue
The class is happening Saturday, Jan. 12 from 11 a.m.-1 p.m.
Georgetown Events, a D.C. based restaurant group, will be participating in this years Winter Metropolitan Washington Restaurant Week (January 14 – Sunday, January 20, 2019) with restaurants Millie’s and Due South. Join them for delicious three-course menus ($22 for lunch and $35 for dinner) during one of D.C.’s most anticipated weeks of the year!
Millie’s, recognized as a 2019 Michelin Bib Gourmand, features fresh coastal fare with a Nantucket vibe. Choose from a creative mix of tacos, quesadillas, salads and seasonal entrees like their grilled branzino served with green olive tapenade, tomato sherry vinaigrette and lemony greens or the crispy salmon with wild mushrooms, lentils, caramelized pearl onions and sautéed spinach.
Due South, located in the heart of D.C.’s Navy Yard, honors traditional southern cuisine and genuine hospitality. The Restaurant Week menu includes tasty options and favorites from their southern-inspired menu such as their sweet tea brined half chicken, shrimp & grits with sautéed kale and tasso ham gravy, butternut barley bowl with brussel sprouts and shiitake mushrooms and an in-house smoked Carolina style pulled pork platter.
Saturday, January 5 from 7-11:59 p.m.
The Anthem, 901 Wharf Street SW
Join Mayor Muriel Bowser for a celebration marking the start of her second term as Mayor of the District of Columbia.
Local entertainers, national artists and special guests will come together with District residents for this black tie affair and make DC Proud!
It’s a new year and if you made yourself any resolutions to become a homeowner, boy, do you have some great choices for 2019 with over 230 open houses across the District. To see the entire DC Open House List, click here.
- 1215 Park Road NW #3 — $699,000 — Columbia Heights
Open Sat. & Sun. 1-3 p.m. — Balaram Owens
“Beautiful contemporary condo in the heart of Columbia Heights is flooded with sunlight.”
- 412 Woodcrest Drive SE #A — $349,900 — Congress Heights
Open Sun. 1-5 p.m. — Kirby Mitchell
A mix of photos and renderings means you could own one of these nearly brand-new units built in 2017.
- 408 Ava Way NE — $564,500 — Michigan Park/Fort Totten
Open Sat. 2-4 p.m. — Sarah Brown
3 BR/3.5 BA townhouse in Emerson Park, “a quiet community newly constructed only 10 years ago at the intersection of Brookland and Fort Totten.”
- 1325 18th Street NW #912 — $425,000 — Dupont Circle
Open Sun. 2-4 p.m. — Kevin Wood
A nicely sized 1 BR condo at The Palladium with a community rooftop pool.
- 520 N Street SW #S621 — $1,200,000 — Southwest Waterfront
Open Sat. 2-4 p.m. — Wyevetra Jordan
“Here is your chance to own a rarely available top floor corner unit with balconies off every room at the historic Harbour Square on the SW Waterfront.”
Every week the Eli Residential Group scours our network for off-market and pre-market homes to give home buyers and investors access to properties they can’t find anywhere else online. If you are interested in a property you see here or have specific needs you cannot find on the market, please reach out to us at [email protected] to talk to a real person, not an automated response system.
If you are a homeowner, investor, builder or agent who would like your off-market or pre-market property featured for a half million local readers on PoPville, ARLnow or Tysons Reporter, please email us at [email protected].
1 BR Condo in Glover Park
3901 Fulton Street NW
Washington, D.C. 20007
Description: Located between Glover Park and the Naval Observatory. 1 bedroom, 1 bath condo with hardwood floors and updated appliances. Over 500 sq. ft. and low condo fee.
Price: Upper $200’s
Courtesy of RLAH Real Estate
Chevy Chase Investment Opportunity
2900 Block Military Road NW
Washington, D.C. 20015
Description: 2,800 sq. ft. home with 3 bedrooms and 2.5 bath. In original condition with great bones and detached garage. Comps selling for $1.6M.
Price: Upper $700’s
To view all of our off-market or pre-market properties, visit the off-market section of our website. We add new properties every week.
The Eli Residential Group is a real estate team with RLAH Real Estate, 11 Dupont Cir NW #650, Washington, DC 20036 (202) 518-8781. Office locations also include Georgetown, H Street, Arlington, and Chevy Chase. Contact the team directly at [email protected]
One thing that discourages commuters from joining carpools, vanpools or even using public transportation to and from work is the possibility of missing the ride home because of unscheduled overtime. Staying late might end up costing money if they have to take a taxi or another paid service.
But missing the ride home isn’t a worry for members of Commuter Connections. The regional network of transportation organizations coordinated by the Metropolitan Washington Council of Governments offers a guaranteed ride home for those held up by emergencies, such as unscheduled overtime or illness, up to four times a year.
There is no charge for the ride.
The free service is offered as a “peace of mind insurance policy” for carpoolers and those who use public transportation. Commuters who share their transportation save money, reduce stress, contribute to a healthy environment and remove at least one more vehicle from the region’s overworked transportation system (Some restrictions apply; see the website for details).
Commuter Connections offers other free services and programs that help employees and employers throughout the region find the most cost-effective, convenient and safe commutes. Information on ridematching, public transit, HOV lane restrictions, park-and-ride lots, bicycling, and teleworking are among the services Commuter Connections has been promoting since its founding in 1974.
Mayor Muriel Bowser will make history when she’s sworn in as the first female two-term Mayor of her hometown, Washington, D.C.
A new year offers new opportunities to connect and work towards common goals and a shared vision. Mayor Bowser is inviting all 700,000+ D.C. residents to celebrate her second inauguration as the seventh Mayor of the District of Columbia on Saturday, January 5 at The Anthem on the Southwest Waterfront.
Mayor Bowser’s commitment to D.C.’s creative economy and community has been unwavering. Building upon that, this year’s lineup for the DC Proud 2019 Celebration is inclusive and representative of D.C.’s diverse and vibrant creative community.
It’s a pretty amazing lineup with scheduled performances by: Ledisi, EU featuring Sugar Bear, Mary McBride, Raheem DeVaughn, Ms. Kim & Scooby, Big G, Wiley Brown, DJ Gemini, the DCBX Dancers, Infusion Band, Sirius Company, the We Are One Band, Beverly Perez and a host of other artists!
Most of the artists hail from the District and are honored to be a part of this experience.
The Wharf is such an exciting new area of the District with several new hotels and many fantastic new restaurants. It reestablishes Washington, D.C., as a waterfront city and destination. The mile-long stretch along the Potomac River comes to life with restaurants, retailers, residences and businesses — all complemented by monumental views and a vibrant culture.
Please come early, dine at one of the many great restaurants, and then join us for DC Proud 2019 Celebration at The Anthem. Tickets are free for this black-tie affair, but you must RSVP here.
D.C. is after all the greatest city in the world, so come join the celebration and make DC Proud!