Time to dust off some of my basic Main Line Realtor® skills, such as teaching home buyers about an area they know nothing about. It happens that I have 2 new clients moving here from other places with no real knowledge of the Main Line area other than its reputation. It was interesting to see how similarly the interview process went for each set of potential clients—although they were very dissimilar in their needs and wants.
The first few minutes were spent telling me what they had heard about the Main Line. Some of it was spot on: “the schools are great, right?” Some was a bit off, such as “there are all these little towns strung together on a train line to the city, right?” Both expressed concern about real estate taxes and assessments – legitimate complaints that will be hopefully rectified when the counties reassess, so newer homes do not bear the brunt. I explained that tax rates do factor into our home searches, and that renovated older homes tend to have lower taxes and can be a bargain. I told them that we’ll seek the best schools and the lowest taxes—but that it’s not always possible.
I wish there was a good Main Line map showing all the important features, like the schools for each neighborhood – and their ratings? Which neighborhoods have sidewalks? Which are close to the train without being too close? Where do all the young families live? Where are there lots of retired couples who love to socialize and travel? Which communities were built in a decade where construction quality was excellent – and which were not? How long is the commute from a particular neighborhood? On the Main Line, it can take as much time getting to the main route to work as it does to travel it. So proximity to major arteries is a real plus if you have a long commute.
With the interview process over now, we embark on the next step: looking at examples of houses and neighborhoods, to get a first read on what matters to each new client. After that, we try to home in on the style and area that best suits them. And if it is not for sale now, we wait for that perfect house to come on the market. I can’t wait to get started—not because I want the process to be over, but rather because I so enjoy it.
Many people plan to build their net worth by buying CDs or stocks, or just having a savings account. Recently, however, Economist Jonathan Eggleston and Survey Statistician Donald Hays, both of the U.S. Census Bureau, shared the biggest determinants of wealth,“The biggest determinants of household wealth [are] owning a home and having a retirement account.”Read More
This Main Line agent is on a mission today to explain something no one seems to understand about the residential real estate business: buyer agency. Unless your agent is operating as a buyer’s agent, you are not getting basic protections. This just means you need an agreement with that agent setting forth their responsibilities to you.Read More
Sage Realty knows that one of the primary concerns when deciding to look for homes for sale in Wayne or other Main Line communities is cost. Following are some of the common questions we get about the costs of purchasing a Main Line home.Read More