DIY Home Buyers Beware: It’s a Competitive Jungle in D.C.

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We come across sophisticated buyers in the Washington, D.C., area who are capable of handling many aspects of a real estate transaction without a Realtor.

But there is a hidden danger for do-it-yourself real estate buyers: the inability to locate hard-to-find properties.

Even if you are skilled at real estate transactions, a plugged-in Realtor can be a terrific advocate to locate homes you could not otherwise find. This is particularly important in today’s competitive D.C.-area marketplace.

Home inventories have been slashed by more than 30 percent two years in a row! This is a fundamental sea change in our real estate market, and it makes locating great properties increasingly difficult without the aid of a Realtor.

You need a good Realtor to find properties and, most importantly, help you submit the winning bid over other potential buyers.

At Eng Garcia Properties, we are experienced at competing in this environment. We are your advocate to navigate the real estate market and network with other agents to find these little-publicized homes.

We have a proven, demonstrated track record at winning deals. Call or email us today, and we’ll get started fighting on your behalf to find you the perfect home in 2013’s ultra-competitive market.

We Need Sellers! Why it’s a Great Time in D.C. to List Your Home

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Now is the perfect time to sell your Washington, D.C.-area home. That’s because the real estate market has a profound lack of sellers. Inventory is down – way down.

And we’re seeking to engage you in an intelligent conversation about your options.

If the news was not good the last time you talked to a Realtor, the story for you has likely changed. Buyers and plentiful and numbers of sellers are low. It’s a great time to get a premium price for your real estate.

In 2011, real estate inventory in D.C. dropped by more than 30 percent.  And in 2012, it happened again – another year of a more than 30 percent decline in inventory.

Meanwhile, the sales market has been relatively flat, meaning that the number of real estate transactions has been stable. In 2011, transactions dropped by 3 percent. In 2012, the final figures will be down 1 percent or so.

Considering the profound lack of inventory, these statistics are remarkable. This signals that buyers are out there, and if you’re looking to sell, now is a great time to do so.

Our own experience backs these statistics. The buyer appetite to buy properties is there; what are missing are the properties themselves.

So if you’re looking to sell, we want to talk with you and explore your options in this awesome buyers’ market.

We are very good at marketing properties, and we’re plugged into a strong buyer audience through Internet marketing and other means. We have a solid reputation in the business and more than 100 transactions each year.