Jamie Flournoy's (jflournoy) Blog

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Real Estate Broker/Owner - got agent? - MD 636504
RECENT BLOG POSTS
I just read an Inman article titled, "How to Explain a Zestimate to Your Client".  Many agents/brokers in real estate feel that Zillow and it's "Zestimates" are the bane of the industry.  I've got to say that these so called estimates can present a huge challenge to real estate professionals beca...
08/21/2016
One of the many things that I need to remind myself to do as a listing agent is to confirm with the title company (or selling broker's office) that the buyer's deposit is indeed in the escrow account.  I work in the DC Metro area and each jurisdiction has its own time limit for that deposit to be...
08/17/2016
If I've been offered "something" for "nothing" over the years, I have a tendency to question what that "something" really is.  When buying a foreclosure property which is also called REO (Real Estate Owned), many times the REO bank will offer to pay for the buyers title insurance policy (called O...
08/17/2016
Seller Tip: Do you have a window in your home that looks like the one on the left below? This photo shows a dual pane window on the left where the seal has broken on one or both window panes allowing condensation to develop between the panes of glass. There are many different reasons why the seal...
08/12/2016
Most agents will tell you that remodeling your home right before coming on the market is not such a great idea because it’s extremely difficult to get dollar for dollar out of it.  That’s not true all of the time, but a good deal of the time it is.I advise my Sellers that a minimum of carpet and ...
08/09/2016
Preventing my clients from saying anything as I’m showing Gaithersburg real estate or North Potomac real estate is sometimes a challenge. I let my clients know that some sellers will go to the extent of having a recorder running in the background, whether it’s legal or not. I don’t want to be the...
08/04/2016
I'm currently working as a listing agent for a home in the DC Metro area and the buyer's agent is a newbie. I always have a heart for newbies because I can remember those first weeks in real estate and how I walked around looking like a "deer in the headlights". The buyer's agent is completely cl...
08/02/2016
Anyone who knows me will tell you that I'm a big fan of no surprises for my clients- especially the negative ones that crop up at the last minute and cause your client to look at you sideways. I never want that to happen so I'm especially diligent about making sure that my clients are well-inform...
08/02/2016
As we all know, buying your first home and understanding all of the financing involved can be a daunting task. Many lenders will tell buyers that they don't need to worry about coming up with money to cover the closing costs. I guess they do that because they want to keep encouraging the buyer to...
07/28/2016
This post pertains to inspections that are customary in the DC Metro area.  It's well known in the real estate industry that buyers should always get a home inspection done on the property unless they're buying a property to be torn down.  Unfortunately, many agents also don’t understand that a g...
07/09/2016
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