Monthly Archives: May 2012

How To Become A Real Estate Agent In Virginia?

by Nouman Mirza

So you’re interested in becoming a Real Estate Agent?  A career in real estate can be exciting and can take as little as a week to a few months, depending on your motivation level!  The process is fairly simple but tedious so make sure to follow these simple steps to make the process a lot smoother!

REQUIREMENTS:
- Be at least 18 years of age.
- Hold a high school diploma or certificate of equivalency.

COST:
Approximately $2,500 for the first year. Details explained at the end!  Just remember that the amount may seem like a lot but can be easily earned back in 1 transaction.*

So do you meet these requirements and have the funds ready? If yes, continue reading  to start a great career!  Continue reading →

Can We Count On Your Vote?

by Nouman Mirza

Best of Prince William

It’s time for the 2012 ‘Best of Prince William’ Readers Choice Awards so we NEED your vote!!  The deadline is May 15 so follow these 4 steps to vote for us.  Each vote counts and helps us get closer to be recognized as the Best of Prince William in Real Estate!

The process is fairly simple:

STEP 1. Go to the following website:

http://www2.insidenova.com/best-of-prince-william/

STEP 2. Fill in your information and click ‘Building’

STEP 3. Type our company name ‘Prince William Realty‘ under ‘RESIDENTIAL REALTOR‘

STEP 4. Pick 4 other companies/people to make your vote count and click ‘SUBMIT’ on the bottom.

Absorption Rates – April 2012

by Nouman Mirza

The absorption rates for April are showing even greater signs of a stabilizing real estate market in Northern Virginia. The numbers for March showed signs of a normal market and it is confirmed with April’s absorption rates! So if you’re in the market to buy, THE TIME IS NOW!  Rates are low and prices are constantly increasing!!! If you’re thinking about selling, call me today and I will show you how to obtain multiple offers on your home over the weekend!!

As you know, I do monthly calculations to figure out the absorption rates. Absorption rate are a calculation of supply and demand and is calculated by dividing the total number of active sales by the number of homes sold in a month. The resulting answer let’s us know how many months it will take to sell the entire inventory of homes. I love numbers and have started to calculate the absorption rate for the DC Metro Area, more specifically, I will be focusing on Northern Virginia since that’s my area of expertise and state of licensure.

The numbers used for my calculations Continue reading →