real estate advice

The Eric Stewart Group Blog

Trusted resource for local and national real estate news and trending topics, and everything you need to know about the buying and selling process.

Eric Stewart

Eric Stewart started his real estate career in 1987 and each year he and his group sell over 150 homes in DC, Maryland, and Virginia. The Eric Stewart Group has completed more than 3,000 real estate transactions, placing Eric in the top 1% of Realtors® in the nation. With a comprehensive approach to marketing and a knack for negotiation, the Eric Stewart Group has built a reputation of trust and tireless persistence throughout the area.

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Maryland | Virginia | Downsizing

Visit Eric Stewart At The Beacon 50+ Expos 2018

By: Eric Stewart
October 11th, 2018

Meet Eric Stewart, host of Pointing You Home and Seniors Solutions, at the upcoming Beacon 50+ Expos, taking place in Silver Spring, MD, on Sunday, October 14th at the Silver Spring Civic Center. Events will be held from 12pm – 4pm.

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tips | market update

Real Estate Market Update - Fall 2018

By: Eric Stewart
September 27th, 2018

I’m often asked if there’s a fall real estate market and when it begins. I long assumed that there were two markets each year, the spring and the fall, as I'd been taught that for many years without stopping to challenge the assumption. The myth goes that there’s strong demand in the spring when the flowers come out; in the fall, after people are away and return after Labor Day, they will start looking for houses again.... but do they?

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Market Ready Guide!

Our Market Ready Guide provides strategic advice and useful tips to get top dollar for your house when the time comes to sell.

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INSIDER TIPS | Buy | Money

What Are The 3 Ways Buyers Can Lose Their Earnest Money Deposit?

By: Eric Stewart
September 17th, 2018

Earnest money deposits are one of the most critical parts of the home buying process. To show a seller that an offer is serious and made in good faith, a prospective homebuyer will include a check with their offer, for typically 1-2% of the purchase price. 

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Buy | Money

What Is The Difference Between An Earnest Money Deposit And A Down Payment?

By: Eric Stewart
September 14th, 2018

Is sustainability important to buyers? When you are buying a home, the financial vernacular can get a little confusing. You have heard of earnest money deposits and down payments, but do you need one over the other? Do you need to accommodate for both? Are they the same thing?

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home tips | Selling | buying

Should you MOVE or IMPROVE?

By: Eric Stewart
September 13th, 2018

Last night I met with a couple interested in moving to a larger home from their four bedroom, two-and-one-half bath, split level. Their main motivation for wanting to move is one of square footage; they’re interested in bigger bedrooms, a larger living room, and more kitchen space.

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Buy

Home Buying: How to Determine your Search Criteria

By: Eric Stewart
September 7th, 2018

One of the most frustrating aspects of searching for a new home is the time wasted looking at properties that ultimately don't interest you. 

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tips | buying | renting

Insider Story: Real Estate Scam - Don't Let This Happen To You!

By: Eric Stewart
September 6th, 2018

I’ve heard of many kinds of scams over the years, but more recently I’ve seen a scam involving skimming money from unsuspecting tenants who are applying to lease residential real estate from an out- of-town landlord. Here’s the story.

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first time home buyer | tips | buying

How do you buy a home before it hits the open market?

By: Eric Stewart
August 23rd, 2018

I recently took a listing in Alexandria, VA, and the seller requested that I create and share a “coming soon” listing with other local agents, even though it won’t be on the open market for six months. She prefers to sell it quietly, and I offered a discount on my commission if we’re able to do it without the extensive (and expensive) marketing that we use for homes on the open market.

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washinton, dc | INSIDER TIPS | Seattle

How does the DC market compare to Seattle?

By: Eric Stewart
August 11th, 2018

2018’s housing market is hot, with Seattle, Washington enduring the highest rise in home prices, up 14 percent from 2017. So how does Seattle’s market compare to ours in the Washington DC metro area?

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luxury | Selling

How do you sell a luxury home?

By: Eric Stewart
August 2nd, 2018

The high value of luxury homes comes from the unique perks they offer, and selling any home entails communicating its value for the price. When people seek luxury, they search for amenities like tennis courts, a pool, a magnificent view, a coveted location, and an expansive lot. The more high-end amenities a home offers, the stronger the perception of its luxury status.

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