All posts by John VanderSyde

John VanderSyde: A native of Virginia’s Commonwealth, John graduated from Virginia Episcopal (High) School and attended Randolph-Macon College where he received a BA in English and Minored in Studio Art. John’s post-graduate studies took him to The Catholic University of America where he received his Masters of Architecture. A licensed Architect (RA) as well as a REALTOR® & Associate Broker, John began his career in 1986 managing residential construction and development. Specializing in high-end custom residential homes and renovation, John has an extensive knowledge of the housing industry. Years of construction management and contract negotiation provide additional skills necessary to work in his client’s best interest. John truly brings unique skills to the real estate industry, performing at the highest level of real estate sales. Ann VanderSyde: Ann was born in Japan the daughter of an Air Force family. She settled in Virginia’s Commonwealth as a child, living in the Northern-Virginia area. She graduated from Bishop O’Connell High School and attended Georgetown University where he received a BS in Psychology. Ann’s post-graduate studies took her to George Washington University where he earned her MA. A Licensed Therapist, Ann worked as a lead therapist for the DC Commission of Mental Health Services for five years. She relocated to Richmond, Virginia in 1993 where she immediately established a successful small business with an extensive focus in design and interior consultation that lasted for almost fourteen years. Ann’s experience provides additional skills needed to perform at the highest level of real estate sales. Ann & John live in Richmond, Virginia with their three children.

What is “Agency” Disclosure?

  The disclosure of “Agency” in real estate is currently a hot topic. The National Association of Realtors maintains guidelines regarding Broker Agency, but the oversight and enforcement of it is on a state-by-state basis. The Commonwealth is preparing to introduce revised legislation in 2012 that will outline and purportedly mandate specific guidelines as to how and when agency relationship must be disclosed. Not all of the details of this new legislation have been presented to Brokers and industry professionals, but I’m certain the entire process regarding agency disclosure in Virginia will either become crystal clear or expressly more confusing.

 

  The concept of who a licensee represents in Virginia is currently not all that difficult to follow. For instance, did you know it is required that “Broker Agency” be disclosed to you as a real estate customer/client at the first substantive conversation you have with a REALTOR® about a particular property? Yet, according to the National Association of Realtors, only 31% of those surveyed in 2010-11 reported having this up-front conversation with an agent. 23% said it didn’t come up until they sat down to write a contract, and it seems the remaining folks were statistically uncertain about the subject of Agency.

 

  In reality, the current disclosure of brokerage relationship in the Commonwealth is quite clear when expressly followed by those of us working in real estate. The problem arises when disclosure doesn’t take place at all. Many agents feel such a conversation early in a relationship will turn people off, sending them running the other way. However, if done properly with education and understanding, it is a great way to engage folks into learning more about the process of real estate sales and service. I have found these situations usually result in opportunities for those involved. The goal after all is to better assist and protect the real estate consumer and to remain the consummate professional they rely on when purchasing or selling a home.

 

Contact your most trusted real estate provider to learn more about this topic. Ann & John VanderSyde are Associate Brokers with Virginia Properties, A Long & Foster Company. They can be reached at (804) 282-7300 or at www.InSydeHomes.com

The Stonewall Court of Richmond, VA – A Brief History

At the declaration of World War II in 1941, the nation was put on alert for protection against foreign invasion. Over the entire country, from the East to the West Coasts, groups were formed for the safety and protection of people in all communities. Men and women were selected from each neighborhood to form a Civil Defense Patrol.

In the “Court”, it was decided a meeting place had to be established, a location where the Patrol could hold gatherings and store equipment. As it turns out, one of my former listings, the dwelling known as 345 Lexington Road, was chosen for this task. It was selected because it had a basement and was one of the few places that could be entered from the outside, without going through the house.

Shelves and racks were installed in the basement to hold steel helmets, special flashlights, stretchers, splints, and other first-aid equipment needed for emergencies. Like most communities during that time, thick black shades covered all the windows and doors of homes on the Court.

When the sirens wailed in the night, Wardens reported immediately to the designated meeting place and pick up their helmets and lights. Streets were patrolled with vigilance to insure that no light was visible from any building and to verify that everyone was off the street.

 The wardens stayed at their posts until the “all clear” signal was given. Then they returned to headquarters to replace the equipment (and perhaps more than not to socialize).  As World War II ended with a community drawn more closely together by a common interest, it was decided by the group that they should remain together, meeting in the same place, but calling themselves the Stonewall Court Civic Association.

The purpose of the new association was to further community interest in civic affairs and to encourage friendly relationships and interaction between all families living on the Court. Voluntary participation in the Association is one of the fundamental essentials that enable the residents of this neighborhood to be so connected to this day.

As a result, the people who have come to live in Stonewall Court continue to pick up the torch by carrying on the ideals and sprit of the Air Raid Wardens of 1941. This is a vibrant neighborhood with a close, caring community; it is one of many in the area I am happy to represent!

 

[Information provided through the Stonewall Court Civic Association]

So, what to do with difficult clients?

I have been in situations during my real estate career where it has been necessary not to begin a working relationship with someone, or to terminate it early in the process. More easily said than done I fear; we are not so flush with clients that this is a comfortable decision to make, but I absolutely believe there are times when it’s NOT appropriate or agreeable to work with certain people. Furthermore, I firmly believe that “mutual respect” is essential to any relationship. Without it, we are destined for failure.

My most recent experience in deciding not to continue working with a client made me pause to consider, “what went wrong?”  I am fairly patient and believe that I am capable of working with most people. Therefore, I am deeply concerned when my business encounters don’t work through to fruition. Like many business owners, there have been numerous developments during my career that I would consider difficult or even painful to endure. Yet, somehow we always manage to persevere and get through to the other side, reach the finish line, make it to settlement, and yes, to ultimately get paid. What was different this time?

I can endure a lot of things in the pursuit of finding the best home on the market for my client. After all, it’s the reason why we put our client’s needs first. In fact, our business model is designed to ensure our client’s utmost satisfaction, and we go a long way toward making sure this happens. Nevertheless, there are times in a relationship that makes one question their worth or value to another person. These instances of uncertainty are not always apparent at first, and may take time to become noticeable. Once it becomes clear that a trust has been breached and that the advocate is being made out to be the adversary, we’ve got problems. If conversation and client-education are not working, the time has come to reevaluate the relationship and perhaps make some difficult decisions.

I strongly feel that I am worth what I bring to my relationships, and I honestly believe the people who I give of myself to be deserving of these efforts. It is not always reciprocal but it is usually manageable. When trust is in question, and reason, understanding and consequence are dissolved, the likelihood there will not be a successful outcome can become painfully obvious. As it turns out, in this instance it’s was better to go our separate ways under poor circumstances than to resolve to be tormented while hoping for a most unlikely outcome.

I am not pleased in having to part-company with someone I know I could help. I do not like dissolving a relationship I have heavily invested with my time and resources. This particular encounter was simply untenable and not worthy of my hard work. As a result I needed to begin using that valuable time and energy to look for the next client deserving of my efforts, of my time, and of my many great qualities. Most of all, I look for the opportunity to respectfully work with someone and to have them willing to return these efforts in kind. After all, the lesson here for me is, at a minimum, we are all worth that!

John & Ann VanderSyde, Assoc. Brokers, Virginia Properties/Long & Foster, Richmond, VA 23226

Revised 12/29/11

What about Real Estate Stats

Have you seen any home statistics lately?  Do you find this information to be invigorating or exhausting? Do these numbers excite you enough to think about buying or selling a home, or do they entice you to plug your ears and block out the market banter? There is an excess of information out there, so what should you believe, who should you listen to, and what should you do?

We as real estate professionals are in the business of evaluating real property every day. The overall message we receive is positive, and it is part of our job to relay this good information to you the consumer. I can point to dozens of stats and market analysis that should easily convince most people of the improving market conditions, as well as the unarguable fact that interest rates remain so low that this may be the best opportunity to own a home EVER. But listen to the national media and it doesn’t mean a thing if consumer confidence in the market is down.

Fortunately, Richmond Virginia fairs better than the national housing market. In general, we enjoy a good housing industry. While there are many homes that sit on the market, there are many more that sell immediately – and yes, some with multiple offers.  We know these are challenging times for buyers and sellers because there is so much uncertainty about what is the best decision for each of us.

We can tell you that the housing market will continue to improve and that interest rates will go up; we wish we could be specific about exactly when to expect this to happen. In the mean time, we will advise you to listen to your personal needs, contact your trusted housing advisor, and have them discuss with you the current market trends as it relates to your specific situation. Well informed consumers are empowered to make smart decisions, and real estate is no exception.

The Garage is Often Overlooked and Under Designed

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Unless someone is an automobile enthusiast the garage in residential construction doesn’t get the attention it deserves. By today’s automobile standards the car barn is too small; the inside space, the doors as well as the area required to access it are just a few of the considerations that are often overlooked or under-considered by the common builder, and I believe most often done in an effort to cut costs.  We also stretch and pull our homes in so many directions further infringing on auto space without any compensation or adjustments. We as consumers should be asking the question, why does the garage suffer so much and what can be done about it?

For one thing, our cars are so wide today that an eight foot garage door is barely enough to squeeze the average car through it. Even some moderately sized and compact cars have trouble making the fit without losing a mirror once in a while. A nine foot wide door should perhaps be the industry standard. Not only will this give us the space we need to get in and out of the house, but will in turn provide the needed space to circulate properly around the vehicle. We will also be able to get in and out of one car without bumping doors into the adjacent auto while inside this space.

We get into more trouble with rear and side-load carriage sheds because the driveway isn’t wide enough to properly make the turn. As a result, we end up making three-point turns to go inside, or worse scrape the garage door track because we turn prior to clearing the opening. Both the car and garage are now in need of repair. This situation is compounded by the aforementioned skinny garage door. Even a full double wide sixteen foot door doesn’t provide the space we need if another vehicle is already parked.

If you have a truck or SUV the standard seven foot tall door height may give you fits too. Add a cargo or recreational roof rack to that and forget accessing your car refuge. Fortunately doors come in eight and nine foot heights, but good luck finding one of these in any builder’s list of standard features. You will most assuredly pay extra for this bonus, but it may well be worth the cost.

I can tell you many architects and designers don’t like garages at all. They feel it either detracts from the home or simply does not belong where people live, and if we must have one it should be separated from the home completely. Nevertheless, architect or builder, if you are going to provide a garage then properly plan for it; don’t take the short cut because we need to save on the budget. If it is not in the budget take it off the wish list and make more modest improvements in other areas of the home. It can always be added later.

The cost of these larger spaces as well as the engineering required to structurally support the seemingly excessive span of these rooms seems unnecessary, especially when we consider that it’s not even living space. As a result, we continue to cut back on the dimensions until it is impractical to park a car inside, much less get out of the vehicle once we’ve stopped.

If the client or perhaps the neighborhood standard dictates a garage we should insist it be large enough to accommodate the intended purpose. Plan on a suitable depth and width to house the largest of automobiles and you will err on the side of greater satisfaction to the end user. A properly designed garage will also add value upon resale of the property.

Some rules of thumb:

  1. Allow a minimum of two feet around the sides of each vehicle. This space should not overlap the bay of the adjacent vehicle. The width of each bay should be approximately twelve feet.
  2. Allow a minimum of two feet behind the vehicle, just in case access around the rear of the car is needed while the garage door is shut.
  3. Allow a minimum of two-and-a-half feet in the front of the car for all the obvious reasons.
  4. Do not allow storage areas, bins, shelving or work benches to encroach into these minimums; your satisfaction will be elevated and frustration eliminated.
  5. Increase the width of the garage door to nine feet, and consider a height of eight feet.
  6. If you are a die-hard owner of compact cars you can disregard this advice, but keep the notion of resale to an SUV owner in the back of your mind.

Every situation is different and should always be evaluated by a professional prior to implementing a plan. These suggestions are generated from feedback we have received from clients in both real estate and in the practice of architecture. Please contact us if we may be of assistance to you or your garage.

Inviting Signs of Hospitality

The following came from a real estate agent friend of mine. I’m not sure of the actual origin, but I like it enough to want to share it.

   Often called the Colonial symbol of hospitality, the pineapple was once considered the most exotic of all tropical fruits that a seafaring captain could bring back home from his voyage to the islands of the West Indies. It is said that in New England a returning mariner would spear a pineapple on his front gate, thus announcing to friends and neighbors his return from the sea, and that all were welcomed to visit. Often friends would be invited over to sample a pineapple treat, which was seen as the warmest of welcomes. As a result, the pineapple has been an enduring symbol of hospitality ever since this tradition was established.

This is true in our Richmond, Virginia neighborhood, and we have seen it in many others as well. It’s always fun to discover where traditions originate. Why not share this friendly tale the next time you visit a neighbor with a brass pineapple door-knocker and see what results!

The Fun of Finding Storage

 Why stuff things out of sight and out of reach when the best part of having nice stuff is being able to use it! It is fun and creative to look for or create convenient storage crannies that keep belongings out of sight yet easily accessible.

Let the designer in you come out by thinking of opportunities to make use of attic eaves. They offer a lot of room that begs for built-in storage, or drawers and furniture that glide right out of them. Floor level cupboards and cubbies are ideal for children, which are accessible right where they play. And don’t forget the old dog-house dormer which offers opportunities for additional closets or built-in window seat storage.

Cabinets and shelves are not just for the kitchen; consider banks of cabinets with open shelving between them on a large great room wall. Also, the availability of cleaver closet organizers allows for efficient use of the spaces you have. “Target” for example now carries “California Closet” systems.

When you begin to design your new storage spaces, be creative and open minded. Bounce ideas off your friends, and find out what else is available through books and magazines. Have fun while being creative. Find the right construction, design or architectural professional to assist you with exploring the hidden possibilities in your home.

 

For more insight, information and any questions on this and other important issues, please contact your most valued real estate professional, we are here to serve you! 

Sources:  John VanderSyde is an Associate Broker with Virginia Properties, A Long & Foster Company, and a Licensed Architect. He and his wife Ann are in business together in Richmond, Virginia.

Time to Sell or Simply Ad-on?

 Consider all your options first . . .

You may be contemplating whether it’s better to sell and “move up”, or simply add-on in order to upgrade your existing home. Circumstances can vary making this a difficult decision. In Richmond, Virginia, news reports indicate a relatively stable market compared to other parts of the country; nevertheless, property values have seen a decline resulting from the current economy.

Home owners often ask themselves if they should buy a new home or add on to the one they own. This question comes up in all markets, so I know it’s not just a sign of the times. Motivation can come from many things, but there are a few critical questions one can ask before moving forward.

Richmond is blessed with a wealth of excellent neighborhoods, providing a variety of life styles from which to choose. So, the first question to ask is “can I duplicate what I love most about my neighborhood living somewhere else?” This consideration may make the decision easy if you are attached to your home, or if are driven to move for specific needs.

Next, “what will it take to make my current house meet or exceed what I can find in another location?” Why else would we consider moving? This may be influenced by our finances, space considerations, schools, work, and undetermined gains vs. losses. It’s sometimes best to make a list in order to evaluate this question properly.

Finally, “am I willing to live through renovations and additions in order to get what I can purchase somewhere else?” Be realistic and honest about how this effects you as well as everyone living in the house. Give the greatest consideration to this question, as it has the greatest impact on family and relationships.

The rest will fall into place with the assistance of qualified professionals like contractors, designers, architects and Realtors®. The source depends on your decision, so choose wisely while consulting a trusted advisor.

For more insight, information and any questions on this and other important issues, please contact your most valued real estate professional, we are here to serve you! 

Sources:  John VanderSyde is an Associate Broker with Virginia Properties, A Long & Foster Company, and a Licensed Architect. He and his wife Ann are in business together in Richmond, Virginia.

How do Teams in Real Estate Work?

I love my wife Ann, who is also my business partner; she does all the honest-to-goodness work while I write articles about real estate or the housing market and purport to be an “expert” at something. She is decently civil about the whole thing too, and complements me by saying how we each contribute different things to the job, which is after all why we work so well together. I have decided to politely agree with her on this point.

I am blessed because I know that, while there are a number of successful husband/wife teams in real estate, there are a lot of folks out there that cannot understand this relationship – working and otherwise. I know this because people tell each of us in all seriousness that they could no more work with their spouse than fly like a bird! Or they will project their experience by saying, “You’ll be divorced in less than a year”. Well, thankfully, I am pleased to report we are still together, making it work after nearly three years in business and over twenty years of marriage. Fortunately, I suppose, most partnerships don’t involve marriage.

I’ve been in housing in one form or another since 1986, and a Realtor/Broker for more than seven years. I’ve seen lots of partnership business models. Some work seamlessly well, while others fall through gaps in the seams. The ones that seem to survive appear to succeed as Ann said, because each member of the team contributes to the effort equally. Each person is either pulling in the same amount of business, or provides another talent that is indispensible to the business. Either way, partners feel their efforts are valued, and that their counterpart is doing their share of the work too.

I suppose teams in real estate work just like any other relationship – hard work, dedication, appreciation, mutual respect, sharing and caring to name a few. It kind of makes me feel like I’m back in kindergarten or something, but isn’t that where we started to first learn our most basic and important lessons for life anyway? If you’re interested in a partnership, find someone you like and trust and give it a few test runs together to see if it works. This is true of most relationships, but unlike marriage, if it doesn’t work out simply find someone else with whom to try it. A good partnership may take some time to find the best fit. I had the advantage of a long relationship to fall back on, but then I’ve always been a slow learner.