Baby Boomers Are On The Move – Is This YOUR Time To Move?

We hear from our friends at Keeping Current Matters that Baby Boomers are on the move! If you’re wondering whether now is the time for you to move, give us a call at (703) 242-3975. We’ll help you sort through your options!


Baby-Boomers-STM


According to a Merrill Lynch study, “an estimated 4.2 million retirees moved into a new home last year alone.” Two-thirds of retirees say that they are likely to move at least once during retirement.

As one participant in the study stated:

“In retirement, you have the chance to live anywhere you want. Or you can just stay where you are. There hasn’t been another time in life when we’ve had that kind of freedom.”

The top reason to relocate cited was “wanting to be closer to family” at 29%, a close second was “wanting to reduce home expenses” at 26%.

A recent Freddie Mac study found similar results, as “nearly 20 percent of Boomers said they would move closer to their grandchildren/children compared to 13 percent who said they would move to a warmer climate.”

Not Every Baby Boomer Downsizes
There is a common misconception that as retirees find themselves with fewer children at home, they will instantly desire a smaller home to maintain. While that may be the case for half of those surveyed, the study found that three in ten decide to actually upsize to a larger home.

Some choose to buy a home in a desirable destination with extra space for large family vacations, reunions, extended visits, or to allow other family members to move in with them. According to Merrill Lynch:

“Retirees often find their homes become places for family to come together and reconnect, particularly during holidays or summer vacations.”

Bottom Line
If your housing needs have changed, or are about to change, let’s get together to discuss your next steps.


If you’re thinking of moving, you may want to use our state-of-the-art web sites to begin your research:

And check out our FREE REPORTS – including: 

Call Terry Belt or Kevin Kleifges at (703) 242-3975 to schedule a FREE consultation. We are one of Northern VA’s top real estate teams and are happy to help you make the RIGHT move!

42 Questions To Ask When Selling A Home in Northern VA

What To Ask When Selling Home

Are there questions you should ask your Realtor when you’re selling a home in Northern VA?

You betcha! There are more than 10,000 Realtors in Northern VA. So how do you choose the best one for you?

Ask LOTS of questions! We provide our clients with a list of 42 great questions to ask. Here’s a sampling of some – along with the reason why you should ask:

Q. How long have you been in real estate?

Does this really matter? Yes! While new agents can have many skills, there may also be some important ingredients missing: problem solving skills that come from experience for example. Per the National Association of Realtors, the average agent has been in the business for 7 years. Belt Team members average 21 years in the business. So we’ve seen a LOT more things come up and have a lot more resources to handle them. The more homes we sell, the more we learn. So when problems arise, they are usually only temporary and don’t permanently derail your sale. We’ve had lightning strike, raccoons in the attic (twice!), underground oil tanks and more – none of which derailed our sellers thanks to relationships we have built over many years.

Q. Do you have other listings higher in price and lower in price that you will be able to attract Buyers from?

Why does this matter? Because most calls we get inquiring about properties are calls from buyers who want to know the price of the house (and they always thinks it’s lower than it is) or they eventually realize they have to raise their price range to get what they want or lower it to get what they can afford. Since The Belt Team is such a productive team, our Sellers get the added benefit of being able to attract potential buyers from our other listings – both lower and higher in price.

Q. Do your signs have a direct phone number for your team?

Did you know that many newer agents get business by sitting at the front desk of their office as a receptionist and answering the phone – hoping a potential buyer might call about a house because they saw the sign in the yard? Some real estate companies require their agents’ signs to have the company number – instead of the listing agent’s number on the sign for this very reason – to feed newer agents business. While this might be great for the new agent, it’s not so great for the Seller becuase that means a much lesser experienced, less knowledgeable agent will be talking to potential buyers about your home. They might not have even seen your home! (Our signs and ads all have a dedicated Belt Team number that is answered almost 24/7!)

Q. Do you hire & pay for a professional photographer?

This one seems like a no brainer. Of course you would want professional photos of your home – especially when most buyers will see the photos online first! But you’d be surprised how many agents take their own photos to save the money. This is also a good way to guage how professional your Realtor is.

Q. What is the average days on market in my area and what is the average days YOUR listings sell in this area?

This question tells you how well the agent does their job. (Note: Belt Team listings sell much faster than average!)

Q. What percentage of list price do your listings sell for and what is the market average?

This is the logical follow up question to how fast listings sell for. You don’t want an agent who sells fast because they underprice their listings only for the homes to sell for less. And it’s a fine line to walk! (Belt Team listings not only sell faster than average, but for a higher percentage of list price.)

NOW is the time to prepare you home for the Spring Market. Call Terry Belt or Kevin Kleifges at (703) 242-3975 to schedule a FREE Home Selling Consultation or email The Belt Team if you would like our FREE report “42 Interview Questions To Ask Your Realtor When Selling A Home“.

FREE, Instant Online Home Valuation 

State-of-the-art Northern Virginia Home Search Site

Home Sellers – Don’t Be An April Fool. You Deserve Einstein!

The Belt Team Northern VA Real Estate

April 1st is approaching, and that means April Fool’s Day!

Here’s our April Fool’s Tip for Real Estate:

Don’t list your home with the agent who gives you the highest price recommendation.

Why not?

That seems backward, doesn’t it. Because of course you want to sell for the most amount of money possible. Right?!

Many agents will overprice a home in order to get the listing… and then ask for a price change down the line. But does it really matter? Can’t you just try out a higher price & then lower it if it doesn’t work?

You can. But not if you want to net the highest price possible. Statistics prove that the longer a home is on the market, the lower the price it will sell for. Overpricing a home is the worst mistake you can make!

First, select your real estate agent based on his/her credentials. Then, with your agent’s input and a comparative market analysis, decide on price, and price it right from the start.

Never let an agent “buy” your listing. It’s tempting to “tell you what you want to hear”, but integrity and a professional price opinion are in your best interests. No one has a crystal ball & pricing can validly have some variability, but pricing realistically from the start is one of the strongest tools you have in winning the “Sales Game”!

The other reason you don’t want to select your agent solely based on the price he/she recommends is that you want to ensure you have an agent who gets results, who negotiates like a Ninja and who solves problems like Einstein.

Marketing your home & getting a contract are only half the battle. Negotiating, getting it ratified and getting successfully to closing are the other half. In today’s markets, lots of contracts are falling apart. And what we are observing is that the agents with the most talent, skill & experience have the highest success rates.

Oftentimes, the agent recommending the higher price is doing so because that’s the easy way out. They don’t have the skills to compete with other agents except for on price (whether that is list price or commission.) Sometimes it’s because they don’t do a lot of business and just don’t know the market well. But in either case, that doesn’t bode well for you as a Seller. This person will be representing you and is most likely NOT going to get you the results you want. You don’t just need a good marketer or a good sales person or someone you “click with”. You need the person who will get you the highest price for your most valuable financial asset and who will do it in the least amount of time with the least inconvenience, because that’s in your & your family’s best interests!

(Note: today most of Northern VA is seeing a Seller’s Market. So even newer & less talented agents can “sell” homes. But you don’t just want to “sell” your home, you want to maximize your profit and not leave money on the table!)

How do you find an agent who gets results, negotiates like a Ninja and solves problems like Einstein? (Well, you could just call us of course – LOL.) But seriously, ask a lot of questions. We advise people to ask 42 questions actually. Once you conduct that 42 question interview, you’ll know if you have a Ninja on your hands. You should also read their online reviews – not the ones on their web site, but on independent sites like Zillow. You’ll get a real feel for what it’s like to work with each agent you read about. (Just make sure they have enough reviews to paint a real picture!) (Read Belt Team Reviews here.)

If you’re thinking about selling, don’t be an April Fool! You deserve the BEST Real Estate Team in Northern VA. Call (703) 242-3975 to schedule a FREE consultation or email The Belt Team to request our FREE REPORT “42 Questions To Ask BEFORE You Sell Your Home.”)

I Want To Sell A Home & Schedule a FREE Seller Consultation

FREE – How Much Is My Home Worth

Search Homes For Sale in Northern VA On Our State-of-the-Art Search Site

I Want Buy A Home & Schedule a FREE Buyer Consultation

Tip For Homeowners Who Want To Sell This Spring

If one of your 2014 goals is to sell your Northern Virginia home this Spring, you’ll want to watch this one minute video to find out what you can do NOW to make that happen! (And then contact the BEST real estate team in Northern Virginia!)

Search Homes For Sale in Northern VA

How Much Is My House Worth?

I Want To Schedule a FREE Seller Consult

I Want To Schedule a FREE Buyer Consult

Our mission at The Belt Team is “Changing Lives For The Better“. If it’s time to change YOURS, call (703) 242-3975. We’ll help you make the RIGHT move!