Carlyn Lowery, Associate Broker, Lowery Home Team at eXp Realty, Annapolis and Anne Arundel County MD Real Estate

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Happy Thanksgiving and Anne Arundel County Real Estate Market Update

What are you grateful for today? 

Some days, I am grateful just to be making it through – this has been a tough year in a lot of ways. 

I’m thankful that I have been able to continue business, that the real estate market is strong, and that people like you choose to do business with me!   

I’m also thankful that my real estate brokerage, eXp Realty, was already doing almost everything on line, using the latest technology, and was quick to adapt. As our CEO says, “We were made for this!” The company has been doing very well, sharing our virtual office technology with others, and bringing on more agents in big numbers. We now are in Canada, the United Kingdom, Australia, and South Africa, with more than 38,000 agents. And just opened in India. 

I’m thankful that it’s been possible to continue to help people move, to help them navigate this unusual market, and to put my skills, knowledge, and network to use for them. We’ve done a lot more virtual tours (both live and recorded), drone aerial video, video conversations, electronic signatures, and more. With our tools and systems, we help people do business efficiently, safely, and profitably! 

People are in such different places, from hunkering down where they are, to repositioning their lives and finances based on how things have shifted. Some are really struggling, and others are having a good year (and sometimes feeling guilty about that!) And almost everyone has spent enough extra time at home to be wondering if there might be a better place to live.  

A recent article titled “The Great Relocation: Americans Are Relocating By The Millions Because They Can Feel What Is Coming” on the Economic Collapse Blog started with:

This is a really odd time to be having a “housing boom”.  We are in the middle of the worst public health crisis in 100 years, endless civil unrest has been ravaging many of our largest cities, and we are experiencing the worst economic downturn since the Great Depression of the 1930s.  But even though more than 70 million Americans have filed new claims for unemployment benefits this year, home sales are absolutely rocking.  How in the world is this possible? 

The National Association of Realtors just wrote in the Weekly Housing Monitor on November 19th:
October existing home sales hit 6.85 million. the second all-time high level (tied with Feb 2006) since this series started in Jan 1999. The all-time high is 7.26 million in September 2005. Sales rose 4.3% from September’s level and up 26.6% year-over-year. 

Some local statistics are shown on images below. 

If you have questions about this market, or are wondering whether it is a good time to make your move, or are just trying to make sense out of what is going on, let’s talk. 

In other news, every year between Thanksgiving and Christmas, the Rotary Club of Annapolis supports the Salvation Army by ringing the bell at a booth at the foot of Main Street. This year, we have also created a virtual kettle, because people are not going out as much, and the need is great. 

In Annapolis so far this year, the Salvation Army has served 878 families, distributed 4,302 food boxes, spent $110,000 on food for distribution, distributed 680 Care Kits, and spent over $200,000 to help local households with rental and utility assistance.

Here’s a link for info on our virtual kettle, and if you would like to contribute, please do so here: 

Rotary Club of Annapolis Salvation Army Kettle 

Feel free to spread the word however you like to communicate, like on Facebook, email, web, Twitter, or by text! 

Wishing you a fabulous Thanksgiving and holiday season! 

I appreciate you!

What Does It Cost to Be a Real Estate Agent in Maryland?

Do you wonder what it costs to be a real estate agent?

For the state of Maryland, startup costs are outlined here: Best Real Estate Licensing Courses in Maryland and Beyond.

Once you have gotten your license, it’s time to join a real estate brokerage. Each brokerage has its own fee structure.

Essential service providers also have fees.

To be a member of brightMLS, where you can access and share listings of homes for sale, currently costs $120 per quarter. (verified 5/1/2022)

To be a subscriber to the Sentrilock service, which you use to access lockboxes when you show homes, currently costs $169 per year. (verified 5/1/2022)

Realtor association dues, for the Anne Arundel County Association of Realtors, Maryland Realtors, and the National Association of Realtors, are currently $673 per year. (verified 5/1/2022)

And renewing your Maryland real estate license every two years costs $70. (verified 5/1/2022) Continuing education classes are also required, and the cost depends upon where you take them. More details are on the Maryland Department of Labor (DLLR) web site.

If you are wondering what is the best real estate brokerage, let’s talk and find out if eXp Realty is a fit for you!  You can find out more about eXp Realty here.

We have agents across the United States, Canada, the United Kingdom and Australia, and can assist you with getting your real estate license and starting your real estate career anywhere.

P.S. Considering a move? Please call for a confidential chat. Your personal needs, wants, and finances are my priority and my passion and my specialties run from waterfront luxury estates to distressed properties.

Call me today for your Annapolis real estate needs, or for an introduction to a great real estate agent anywhere.

Carlyn Lowery, Associate Broker, eXp Realty, Annapolis Real Estate, Annapolis Waterfront Homes, Annapolis Luxury Homes, Anne Arundel County, Maryland, 443-569-3977 or 888-860-7369 x146

Local web sites in and around Annapolis, Maryland

Maryland Real Estate Market and the Coronavirus (COVID-19)

We live in interesting times.

My company, eXp Realty, and I are closely monitoring the changing landscape, and we remain committed to providing you with the services you need. 

As far as sales go, we are adapting quickly, as circumstances change related to the coronavirus (COVID-19). We are updating service offerings and cooperating with our industry colleagues to give you ways to:

  • Sell your property without public showings, or with limited numbers of people coming through your property
  • Buy property by remote control, without physical visits, or with minimal physical visits
  • Use virtual showings – 3D, aerial, and video options, both pre-recorded and live with an agent at the property
  • Do contracts, loan applications, and closings remotely

Your health and safety, and that of all of our staff, customers, and clients is of utmost importance.  We’re all working through this together.  Here’s a helpful article: COVID-19 Beginning To Affect Real Estate, But It’s Not All Bad News

Since eXp Realty is a virtual company, our corporate operations are almost unchanged. Our company was designed to make maximum use of technology.  Teleworking has been our practice since the company was founded, and we work together with tools like our virtual campus with on-line training and offices, and our private social media platform. We are uniquely positioned in the industry to adapt to the current environment.

Are you coordinating with a team that has been working together in an office and is suddenly doing teleworking? If so, you’ll find this video useful, How to Work with Your Team Remotely.  It was just done by our CEO, Glenn Sanford, to share some of his knowledge.

Also, if you or someone you know is having financial challenges, you may find these articles useful:

Freddie Mac Suspends Foreclosures, Offers Additional Crisis Support

Bank of America Says Customers Impacted By Coronavirus May Be Able to Defer Mortgage Payments

Lots of local Maryland info can be found on this site: 

The Hogan Administration’s COVID-19 Response

Here are the governor’s temporary orders limiting late fees and termination of essential services like electricity, as well as temporary limitations on evictions for those affected by the emergency:

Prohibiting Termination of Residential Services and Late Fees

Temporarily Prohibiting Evictions

As always, if you or someone you know is looking to make a move, to buy or sell real estate, anywhere in the country, whether military, veteran, or civilian, don’t hesitate to ask me for information.  Or if you have any other questions, or just want to talk, don’t hesitate to get in touch.

Annapolis Waterfront House Just Listed – 38 Williams Dr

This beautiful Annapolis waterfront home has just been listed for sale. It’s sited on Weems Creek in Admiral Heights.

Is this the one you have been waiting for?

Enjoy the Annapolis waterfront lifestyle including…

waking up to a gorgeous 180 degree water view, relaxing on your screened back porch, working and dining overlooking the water, and boating from your own private 25′ deep-water pier with multiple slips, a boat lift, electricity and fresh water.

This home has many wonderful features including a gourmet kitchen with island, hardwood floors throughout, water views on every level, 4 bedrooms, 3.5 baths, and a huge deck.

The marvelous Admiral Heights community amenities include a pool, pier, boat ramp, parks, clubs, and social events!

We’ll be having an open house next weekend, January 26th. Come and see! Or call with questions!

Anne Arundel County Real Estate Market Statistics Year 2019

If you are wondering how the last year went in our local market, here are some market statistics for the entire year of 2019 in Anne Arundel County, compared to 2018.

  • Total Sales: $4,109,091,572 (up 12.29%)
  • Average Discount Off List Price: 2.7% (was 3.1%)
  • Average Days on the Market: 46 (down 38.67%)
  • Average Sold Price: $411,547 (up 2.49%)
  • Real Buyers (Homes Sold): 9,873 (up 8.34%)

(Data Source: Bright MLS Statistics calculated 1/7/2020)

All of these numbers show that this market was stronger for sellers over the past year. If you’d like details on your neighborhood, just ask.

Anne Arundel County Real Estate Market Statistics Year 2019
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Recent Posts

  • Happy Thanksgiving and Anne Arundel County Real Estate Market Update
  • What Does It Cost to Be a Real Estate Agent in Maryland?
  • Maryland Real Estate Market and the Coronavirus (COVID-19)
  • PCSing with Pets to Fort Meade or Annapolis: A Guide to Moving with Your Furbabies
  • How to find the Best Realtor

Here are some client reviews of Carlyn Lowery…

“Carlyn got us a quick sale above the asking price. She qualified prospects well, used a professional photographer for advertising photos, and provided expert advice during negotiations. Carlyn is what other Realtors aspire to be!”
– Paul Donnelly

“As first time home buyers, Carlyn Lowery was very attentive to our basic needs of walking us through each step of the home buying process from a novice standpoint. The long detailed list of items due at specific times from the start of the contract all the way through to the week of closing was greatly appreciated. It was great having an agent who took the time to clearly lay this all out for us. End result – a very smooth time at settlement. No surprises!”
– Ann Hannam

“We wanted a professional who would work with us to sell our home
quickly for a good price and protect our interests as sellers through the process.
Carlyn’s business acumen is her (and will be your) greatest asset.”
– Sue Bogard

“Carlyn was wonderful. She was organized, prepared, and knew the steps to take to sell our home quickly and used a wide array of marketing to get the job done. She gave great advice
during each of the phases, and in particular on the negotiation.”
– Michael Morgan

 

Questions? Call Carlyn Lowery today.

443-569-3977 – Direct
888-860-7369 x146 – Main Office
click to Email

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All information on this website is subject to change without notice. Subject matter is not guaranteed and is often considered time-sensitive. See disclaimer.

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