Coakley Realty

Ready to sell your home? Follow this strategic timeline for a seamless and successful sale: 🏡 Find Your Star Agent: Research and interview real estate agents to find the perfect match. Allow a few days to a couple of weeks for this crucial step. 🏡 Spruce it Up: Assess your home, plan repairs, and enhance its appeal. The duration varies based on the scope of work. 🏡 Sparkle and Shine: Dedicate time to deep clean, declutter, and make your space look inviting. A few days are all it takes to transform. 🏡 Picture-Perfect Staging: Collaborate with pros or your agent to stage your home from its best angles. A week of staging can work wonders. 🏡 Price it Right: Work with your agent to set the perfect listing price. A few days to a week, and you are ready. 🏡 Paperwork Party: Compile all necessary documents like surveys and deeds. A few days are needed to gather everything. 🏡 Market Like a Pro: Develop a killer marketing strategy with enticing descriptions, pro photos, and virtual tours. Allocate a few days to a week for this stage. 🏡 Sign on the Dotted Line: Review and sign the listing agreement with your agent. It only takes a day or two. 🏡 Ready, Set, Show: Collaborate with your agent to schedule showings and open houses. Keep your home clean and welcoming throughout the listing period. Remember, this timeline serves as a flexible guide, and a real estate professional can customize it to meet your specific needs and the conditions of the market. #HomeSelling #RealEstateTips

Celebrating Coakley Realty's 35th Anniversary! Let’s look back at key milestones and events between 2019 and 2020. 🔵 Coakley Realty continues expanding its team and presence in Northern Virginia. 🔵Coakley Realty team members featured as ‘Top Producers’ in Bethesda Magazine. 🔵Coakley Realty celebrates 30 years in business. 🔵Coakley Realty helps clients attain their real estate goals in the ‘new’ norm of the COVID-19 pandemic. 🔵Impeachment proceedings against President Donald Trump begin in the U.S. House of Representatives. 🔵Wildfires ravage Australia, leading to widespread devastation and calls for climate action. 🔵Protests erupt in Hong Kong over a proposed extradition bill, evolving into a broader pro-democracy movement. 🔵"Parasite" wins the Academy Award for Best Picture, marking the first non-English language film to do so. 🔵The Event Horizon Telescope captures the first image of a black hole. 🔵Black Lives Matter protests surge worldwide following the killing of George Floyd in Minneapolis. 🔵TikTok becomes one of the most downloaded apps, influencing global pop culture and music trends. 🔵NASA and SpaceX launch astronauts from American soil for the first time since the Space Shuttle program ended. #CoakleyRealty35 #Anniversary #RealEstate

Get ahead of potential market shifts in the new year and sell now with these 7 tips to sell quickly this fall: 1️⃣ Hire a Real Estate Agent: Choose a local real estate agent who can demonstrate in your area over the last year and with similar homes to yours. 2️⃣ Price Correctly: Work with an agent who understands your market and work with them on an effective pricing strategy that will work best following your local market data and comps. 3️⃣ Put Your House in Order: Declutter and deep clean every room. 4️⃣ Avoid Complicated Buyers: Only consider pre-qualified buyers in the case that you want to sell quickly. 5️⃣ Make Repairs: Conduct a pre-inspection and make all necessary structural and mechanical repairs. 6️⃣ Consider Minor Upgrades: Avoid any major renovations, but upgrading key selling rooms such as kitchens and bathrooms with even new handles on cabinets or fresh neutral paint can go a long way. 7️⃣ Staging: Staging shouldn’t be neglected, it’s a top best practice that plays a big role in influencing buyer decisions. Use this opportunity to play up your home’s best features. #sellerstips #realestatetips #quickhomesale #realtoradvice

Montgomery County’s Median Sold Price in August 2024 was $635,000. This is a 10.4% increase from August 2023. Source: Greater Capital Area Association of Realtors #MarketUpdate #MarketData #MontgomeryCountyMD

If you are on the fence about selling your home, let’s talk. As you may know, the central bank announced last month a 50-basis-point cut to the fed funds rate. The consensus is that rates will continue to creep downward in 2025 and settle in the high 5% range by December. At the national level, according to Fannie Mae, MBA, and NAR, total home sales are forecast to climb slightly, with an average of about 5.4 million homes expected to sell in 2025. With more homes on the market and more buyers coming back out, it's expected to stay moderately competitive when it comes to home price increases. With some expected up to a 4.4% increase. The idea of rates dropping even more as we head into 2025, sounds very promising, but as you wait on rates the market may become more competitive and less affordable with home prices still being driven up. At Coakley Realty, we have been serving home sellers in Montgomery County and the DMV for over 35 years through all market conditions. We know that understanding your local market and strategic pricing is key to achieving your real estate goals. If you want to sell – take advantage of a sweet spot in the market right now and get ahead. The agents, at Coakley Realty, uphold the same quality and dedication the Coakley family has been known for since 1989. As committed community partners, we offer excellent customer service, dependable guidance, professionalism, and integrity. Whether you are buying or selling or need property management or tax appeal assistance, we provide our full-service approach in every instance. View our video to learn more about Coakley Realty and how we address all your real estate needs. #MoCoRealEstate #DMVRealEstate #RealEstateAgents #RealEstateFirm

Fall buyers tend to be very motivated buyers who are focused on getting into a new home ahead of the holidays. But even the most motivated buyer can become disinterested in your home right away if you don’t make a great first impression. This starts with an inviting, seasonal, well-maintained curb appeal. If your goal is to quickly sell this fall, consider making these easy exterior upgrades: 🍂 Seasonal landscaping: Rake leaves and mow the lawn regularly. Incorporate fall-friendly plants like mums and pansies, these thrive in cooler temperatures and add a splash of color. Consider planting fall-blooming flowers or using decorative planters to create a welcoming entrance. 🍂 Create a warm and inviting path and entry way: Update your house numbers, get a new mailbox, and welcome mat. Add a fresh coat of paint to the front door. Enhance your outdoor lighting to show off your home and provide safety and security. String lights or lanterns on the porch can add a charming and cozy touch. Place cinnamon-scented door hangers to add a seasonal scent as buyers walk through the front door. 🍂 Exterior upkeep: Power wash your siding, driveway, and walkways to remove dirt and grime. Clean windows to ensure they sparkle and allow maximum light to enter your home. Check for any needed repairs, such as fixing loose railings, replacing damaged shingles, or touching up chipped paint. First impressions matter, and curb appeal is often the first thing buyers notice. A well-maintained exterior not only draws buyers in but also sets the tone for the rest of the viewing experience and will increase a buyer’s motivation to make an offer. #CurbAppeal #FallSellingTips #RealEstateAdvice #HomeSelling

Welcome to Edgemoor/Battery Park! Located in the heart of Bethesda, Maryland, if historic gems are what you are looking for, some homes in this neighborhood date back to the 1940’s. Other homes were built in the 1950’s and 1960’s and feature diverse architectural styles, including Colonial Revivals, Tudors, and traditional American homes, giving the neighborhood a classic and elegant charm. The well-maintained real estate and timeless appeal make Edgemoor/Battery Park one of Bethesda’s most desirable places to live, with today’s homes seeing a median home selling price of $2,165,076. While many families choose the area’s private schools, Bethesda-Chevy Chase High School (B-CC) remains a highly regarded public option for residents. Here you can enjoy excellent connectivity, with easy access to the Bethesda Metro Station on the Red Line, making trips to Washington, D.C., and surrounding areas seamless. Additionally, major roads such as Wisconsin Avenue and Bradley Boulevard provide convenient routes for commuting and local travel. With vibrant restaurants and shops nearby, Edgemoor/Battery Park offers both luxury and convenience for suburban living. #EdgemoorMD #BatteryParkMD #BethesdaMD #LiveHere

Since early August through the Federal Reserve meeting on September 18th, we saw mortgage rates trend downward. In last month’s meeting, the central bank announced a 50-basis-point cut to the fed funds rate. Since then, mortgage rates have wavered a bit. It is important to understand that the federal funds rate doesn’t directly impact mortgage rates, but it is a good indicator of how the economy is doing overall. Future mortgage rate conditions will largely depend on the Federal Reserve’s decision on whether to continue to cut the federal funds rate as we close out 2024 and move into 2025. Today, according to Zillow data, the 30-year fixed mortgage rate is down four basis points at 5.79%, but the 15-year fixed rate is up four basis points to 5.01%. Regardless, average mortgage rates have dropped significantly over the last few months, and most expect mortgage rates to keep falling in 2024 and into 2025, opening the opportunity for more buyers to come back into the market and potentially more inventory, as well. Therefore, if you have been or are now considering selling your home in the next 12 months, there are several critical things you can do in advance of listing your home to increase your opportunity to achieve your real estate goals. Motivated and ready to embark on the selling process? Contact Coakley Realty at 301-340-8700 x 1101, to learn more about our full-service approach, and receive a free consultation. #mortgageratenews #Fedratecut #realestateadvice

1️⃣ Only 53.9% of bathroom additions show a return 2️⃣ When a home adds a backup power generator only 54% of the time does this show a return 3️⃣ Adding a backyard patio or expansion only averages a 54.9% return 4️⃣ Only 59.9% of Master Suite additions show a return 5️⃣ Major kitchen remodels only show an average 61.9% return #sellertips #homeimprovement #homevalue

With low inventory in today’s real estate market, sellers may receive multiple offers on their properties. This situation can be advantageous but also requires careful consideration. Here’s how to navigate the process and evaluate offers effectively: 🏡 Beyond the offer price, consider the details such as escalation clauses, financing types, and contingencies. These elements can impact the attractiveness and feasibility of the offer. 🏡 Look into the buyer’s financing situation and the contingencies attached to their offer. Consider timelines and how they align with your goals. 🏡 Review the reputation of the buyer’s agent, the reliability of the lender, and if the proposed settlement date works for you. These factors can affect the smoothness of the transaction. 🏡 Collaborate with your real estate agent to analyze and compare offers. They can provide valuable insights and help you make an informed decision based on your priorities. 🏡 Keep up with market trends and consult your agent for personalized advice. Understanding the nuances of each offer will help you choose the best option for your needs. Running offers through this evaluation process will simplify the offer review process and enable you to match offers to your goals. #HomeSellingTips #RealEstate #OfferEvaluation #SellerAdvice