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A Higher Standard of Performance
Fairfax County Real Estate provides personal service you can depend. Find homes for all of your real estate needs with a top-producing agent listing and selling homes for the entire Northern Virginia area. Professional excellence, performance guarantee, home warranty service, moving services, property management, rentals, and more.

Customer Satisfaction and Personal Service
Fairfax County Real Estate is dedicated to customer satisfaction with creative alternatives and sound judgment to make real estate transactions happen right the first time with continuous communication, evaluation and accountability. Whether your needs are for existing construction, new construction or new home expertise. Fairfax County Real Estate offers everything from the listing, to the mortgage, to settlement! Expert negotiators for buying or selling a home, for the most money possible, in the shortest amount of time, with the best possible terms and the least amount of hassle.

Listing and Selling Homes Expertise
Fairfax County Real Estate for the entire Northern Virginia area including Prince William County, Fairfax County Fair Oaks, Lake Ridge, Fort Belvior, Aqua Harbor, Fairfax Station, Falls Church, Warrenton, Winchester, Mclean, Manassas, Centreville, Haymarket, Gainesville, Chantilly, Reston, Leesburg, Ashburn, Alexandria, Quantico, Stafford, Montclair, Oakton, Herndon, Arlington and Springfield.

Listing Contract

Exclusive Right to Sell
In this type of Agreement", the broker is given the exclusive right to market the property and represents the seller exclusively. However, the brokerage also offers to co-operate with other brokers and agrees to allow them to show the property to prospective buyers and offers a share of the total real estate commission.

Exclusive Agency
An alternative form, "Exclusive Agency", allows only the broker the right to sell the property, and no offer of compensation is ever made to another broker. In that case, the property will never be entered into an MLS. Naturally, that limits the exposure of the property to only one agency.

Open Listing
This is an Agreement whereby the property is available for sale by any real estate professional that can advertise, show, or negotiate the sale. Whoever first brings an acceptable offer would receive compensation. Real estate companies will typically require that a written agreement for an open listing be signed by the seller to ensure the payment of a commission if a sale should take place.

Market Value
The most probable price which a property should bring in a competitive and open market under all conditions requisite to a fair sale, the buyer and seller, each acting prudently, knowledgeably and assuming the price is not affected by undue stimulus. Implicit in this definition are the consummation of a sale as of a specified date and the passing of title from seller to buyer. Forming an opinion of market value is the purpose of many real property appraisal assignments. There are three usual approaches to determining the fair market value of a property. The appraiser will determine which of the approaches is applicable and develop an appraisal based upon information from each individual market area. Costs, income, and sales vary widely from area to area and particular importance is given to the specific location of the property.

Cost approach
The theory is that the value of a property can be estimated by summing the land value and the depreciated value of any improvements. It is the land value, plus the cost to reconstruct any improvements, less the depreciation on those improvements. In most instances, when the cost approach is involved, the overall methodology used is a hybrid of the cost and market data approaches.

Sales comparison approach
The sales comparison approach looks at the price or price per unit area of similar properties being sold in the marketplace. Simply put, the sales of properties similar to the subject are analyzed and the sale prices adjusted to account for differences in the comparables to the subject to determine the fair market value of the subject. This approach is generally considered the most reliable, if good comparable sales exist. In any event, it is the only independent check on the reasonability of an appraisal opinion.

Income approach
The income capitalization approach is used to value commercial and investment properties. In a commercial income producing property this approach capitalizes an income stream into a present value. This can be done using revenue multipliers or single-year capitalization rates of the net operating income.

Highest and Best Use
The highest and best use in real estate appraisal is the use that will render the maximum fair market value of a particular property. That use must be legally allowable, physically possible, financially feasible, and result in the maximum value for the property. The test of highest and best use is given to a property both as if vacant and as improved. The highest and best use is critical to real property valuation since in order to value a property at its fair market value, comparable properties with similar highest and best uses must be examined. The legally permissible aspect of highest and best use is very important.

Fee simple value - the most common type of value sought. It is the fair market value of the fee simple interest in a property unencumbered by any external factors such as existing leases.

Leased fee value - is probably the second most common value opinion sought. It is the property owner's interest in a property that is encumbered by existing long-term leases that may be at, below, or above prevailing market trends.

Value-in-use – The net present value (NPV) of a cash flow that an asset generates for a specific owner under a specific use. Value-in-use is the value to one particular user, which may be above or below the market value of a property.

Investment value - is the value to one particular investor, which may be above or below the market value of a property.

Insurable value - is the value of real property covered by an insurance policy. Generally it does not include the site value.

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