David Morris Group - The Reality of Real Estate_ Winning Your Dream Home in a Multiple Offer Situation - Best Reno Real Estate Broker - Best Reno Realtors - Reno Homes - Reno Real Estate

The Reality of Real Estate: Winning Your Dream Home in a Multiple Offer Situation

David Morris Group - The Reality of Real Estate_ Winning Your Dream Home in a Multiple Offer Situation - Best Reno Real Estate Broker - Best Reno Realtors - Reno Homes - Reno Real Estate

In a real estate market with more buyers than sellers, buyers can often be more competitive and put sellers in a position to receive multiple offers. How can you make your offer stand out and help you win your dream home in a multiple offer situation? If you play your cards right, it may not come with a higher price tag either!

1. Appeal to the owner’s reasons for selling.

Something as simple as understanding why the seller has put the home on the market, can help you appeal to the problems they may be facing. Taking the initiative to understand the seller’s point of view and being empathetic to their situation will often win you points and gain you a good first impression from the seller.

2. When it comes to closing, don’t dilly dally.

A quick closing is appealing to many sellers. It’s why many will be enticed by a cash buyer or anyone that is working with a lender that can fast-track the financing. Offering little to no waiting period for closing can make any offer standout.

3. Personalize the offer.

Sellers can drown in a sea of paperwork, especially in a multiple offer situation. Add a personalized note to the seller that pulls at their heartstrings and highlights what you find so special about their home. Many homeowners are sentimental about their house and would like to sell to someone that sees its worth just as much as they do.

4. Be flexible and easy to work with.

In a high-stress situation, the seller is looking for someone that is a breath of fresh air. Be willing to work with the seller and make compromises and concessions. Don’t negotiate over superficial repairs and only sweat the big stuff.

5. More earnest money can sweeten your offer.

Showing serious interest and commitment to buying the home can come in the form of offering more earnest money. You will immediately differentiate yourself from other offers.

 

Think outside the box and having creative solutions at your fingertips can help you win in a multiple-offer environment. Have questions about how we can help you win your dream home in a multiple offer situation without paying the highest price? Contact the David Morris Group at 775-828-3292.

 

 

 

David Morris Group - Have You Met the Lakeridge Community_ - Best Reno Real Estate Broker - Best Reno Realtors - Reno Homes - Reno Real Estate

Have You Met the Lakeridge Community?

David Morris Group - Have You Met the Lakeridge Community_ - Best Reno Real Estate Broker - Best Reno Realtors - Reno Homes - Reno Real Estate

Southwest Reno is one of the most desired neighborhoods, full of beautiful homes, close-knit communities, and outstanding local amenities. Located within Southwest Reno, you’ll find the well-known Lakeridge and Lakeridge Shores communities, offering a blissful marriage of old and new homes nestled amongst lush greenery. Let us introduce you to Lakeridge — we think you might be great friends!

Homes

Most of the homes you’ll find within the Lakeridge community are custom, single-family homes. Being an older community in Reno, you’ll find some homes with a classic feel, while others have been recently renovated, and others are brand-new. Many homes are situated on larger lots, and if you’re looking for a waterfront property, you’ll be happy to find there are waterfront luxury homes on Lake Stanley.

Amenities

The established golf community is located near the Robert Trent Jones-designed Lakeridge Golf Course. If you’re in the Lakeridge Shores gated community, you’ll also have the breathtaking views of Lake Stanley, Reno, and the surrounding mountains.

 

If you and your family love being outdoors and exploring new places, you’ll never be bored in Lakeridge. There are a variety of parks to choose from, including Lakeridge Springs Association Park, Horsemans Park, Mary Gojack Park, or the Bartley Ranch Regional Park. There are also tennis courts, marinas, and walking and hiking paths at your disposal.

 

Besides being a golfer’s paradise, Lakeridge is also located close to downtown, the airport, and major shopping districts. You’re in close proximity to major roadways, like NV-659 and the I-580.

Schools

Students in the Lakeridge community are a part of the Washoe County School District and are zoned for Caughlin Ranch Elementary School, Swope Middle School, and Reno High School.

 

Lakeridge’s great location, impeccable views, and outdoor amenities have made them a wonderful community to live in. If you have any questions about what we love about the community or which homes in the neighborhood are currently on the market, contact the David Morris Group. We’re happy to help you begin your home search. Give us a call at (775) 828-3292.

 

 

 

David Morris Group - Property Spotlight_ 4145 Lone Tree Ln - Best Reno Real Estate Broker - Best Reno Realtors - Reno Homes - Reno Real Estate

Property Spotlight: 4145 Lone Tree Lane

David Morris Group - Property Spotlight_ 4145 Lone Tree Ln - Best Reno Real Estate Broker - Best Reno Realtors - Reno Homes - Reno Real Estate

If you’re looking for your own private escape, you’ll be blown away by the comfort and style you’ll find at 4145 Lone Tree Lane. Located just minutes from the restaurants, retailers, and entertainment hot spots Reno is known for, you’re never far from everything you’ll need within the city.

 

The extended driveway pushes the three-bedroom, four-bathroom home from the street, giving more privacy to the property. The two-story home greets guests with a large pond outside the front door, immediately charming everyone that stops by. As you walk through the front doors, you’re met with a jaw-droppingly beautiful wall of windows and a wide-open floorplan that lets you see from the family room to the kitchen without your eyes straying from the gorgeous views the windows offer of your expansive backyard.

 

The natural light that floods this home highlights the beautiful wood accents and flooring throughout the home. The owner’s suite is located on the first floor and features an outdoor patio, a double-sided fireplace, and a spa-like bathroom that will have all your worries melting away at the end of the day.

 

Heading upstairs, you’ll find two more bedrooms and a large loft space that includes a fireplace and could be used for a multitude of purposes. This flex space allows the home to grow with you and change with your needs. With garage space that can fit up to six vehicles, you have the opportunity to convert some of that space into a workshop or gym for your personal hobbies.

 

Just steps from your door, you’ll find the Ballardini Ranch hiking trail, the perfect place to explore. This home also includes an adjacent lot, APN#04112011, for a total of 4.6 acres to call home.

 

This 3,885 square foot house is stunning and will be the perfect place to call home for years to come. For more information on this property, check out the slideshow and flyer here. If you’re curious about touring the property or learning more about the area, contact the David Morris Group. We’re happy to help you begin your home search. Give us a call at (775) 828-3292.

 

 

 

David Morris Group - Why Reno is a Great City to Retire In - Best Reno Real Estate Team - Reno Homes - Reno Real Estate

Why Reno is a Great City to Retire In

David Morris Group - Why Reno is a Great City to Retire In - Best Reno Real Estate Team - Reno Homes - Reno Real Estate

If the current circumstances caused by the pandemic have made you wonder if it’s the time to move and retire completely or take on part-time work, Reno may be the perfect city for you. Many retirees are looking to settle down in small-town communities, but still need the amenities that big cities can offer. Reno’s moniker of being “The Biggest Little City in the World” offers the best of both worlds.

Low Cost of Living

One reason many retirees look to settle in Reno is the low cost of living. Nevada has very few tax burdens as Nevada has no state income tax, no taxes on Social Security benefits, no taxes on withdrawals from retirement accounts, no sales taxes on food and drugs, and property taxes are well below the national average. Even if you’re working with a strict budget, with all of the free activities and events Reno, Sparks, and Tahoe has to offer, you’ll always be able to live happily and well within your means.

Community Services for Seniors

Between the great parks and trails for outdoor enthusiasts, the more than 50 golf courses within a two-hour distance of Reno, and more than a dozen ski resorts to keep people active, seniors are able to stay fit, healthy, and connected to the community. The City of Reno has great Senior Programs that include the Reno-Tahoe Senior Games. Check out some of the other senior programs offered in the area:

Great Art and Culture

Many retirees like to spend their extra time enjoying the arts and finding new sources of entertainment. There are amazing performances, exhibits, and events to enjoy and fill up everyone’s calendars. Check out some of the art and culture offered in the area:

If you have any questions about the Reno community and what it has to offer for retirees and seniors, don’t hesitate to contact the David Morris Group at (775) 828-3292. We know Reno and the real estate market like the back of our hands, and we’re happy to share what we know with you.

 

 

David Morris Group - How to Avoid Home Inspection Nightmares - Reno Homes - Reno Real Estate - Best Reno Real Estate Broker - Reno Home Selling Resource

How to Avoid Home Inspection Nightmares

David Morris Group - How to Avoid Home Inspection Nightmares - Reno Homes - Reno Real Estate - Best Reno Real Estate Broker - Reno Home Selling Resource

The home inspection may be one of the most important steps of selling your home. It can open the door for hard negotiations and come with costly repairs if you haven’t properly prepared your home for what the inspector will find. In fact, the home inspection process is where a lot of hidden costs lie for sellers, but it could increase the resale value of your home in the long run. Here’s what you should know about avoiding home inspection nightmares.

 

Prep for the Inspection

Just like your SATs, there’s no such thing as being too prepared for the inspection process. Look at sample home inspection reports, and do a walk-through of your home. Look at everything from the roof to the foundation, make notes, and get quotes on the cost to fix anything that sticks out to you.

 

Have Your Documents Ready for the Inspection

You want to have the documents for all of the maintenance and repairs you’ve made to your home ready for the inspector. This not only helps the process move along smoothly, but it shows how well you’ve kept up your home over the years. It never hurts to make a good impression.

 

Consider a Pre-Inspection

If you like to be prepared and have the opportunity to fix any and all issues your problem may have, consider getting a pre-inspection done before the buyer’s inspector comes out. Not all inspectors will find the same issues, but it gives you a better idea of where to focus your efforts and funds to get your home sold.

 

Take Action on Simple Fixes

There are some simple projects you can take on that will help ensure your inspection goes smoothly. Replace light bulbs, change the furnace filter, and ensure that all doors open and close properly – this includes cabinet and closet doors. Have your fuse box clearly labeled with the area of your home the switch corresponds to, and do your due diligence to check for any signs of leaks.

 

Taking these simple precautions can help you avoid being blindsided by what the home inspector finds and will help you close the deal on your home quickly. If you need help preparing for a home inspection or need some recommendations on who you can trust to take care of repairs, give the David Morris Group a call. We’re always happy to help and can be reached at (775) 828-3292 anytime.

 

David Morris Group - 2020 Design Trend Predictions - New Year New Styles - Reno Designs - Reno Homes - Reno Real Estate - Best Reno Real Estate Broker - 2020 Home Predictions Reno

2020 Design Trend Predictions

David Morris Group - 2020 Design Trend Predictions - New Year New Styles - Reno Designs - Reno Homes - Reno Real Estate - Best Reno Real Estate Broker - 2020 Home Predictions Reno

Just as we have our finger on the pulse of the Reno real estate market, we also keep track of what the next big thing will be when it comes to home decor and design. 2020 marks a whole new decade, and it’s sure to be the marker for new styles and new ideas in the trends we love.

Farmhouse Styles Continue to Dominate 2020

The continued love affair the world has with Fixer Upper and all of the shabby-chic designs that breathe new life to old and forgotten projects will continue to be a driving force for the 2020 design world. To capture the style that Chip and Joanna Gaines have turned into an empire, combine wood and steel pieces with neutral cream tones and pops of bold color. Go thrifting and find some items that you can put your own spin on to fit your home design needs.

Get Your Green Thumb Ready for a Garden Room

Plants continue to be one way to liven up any room, and more and more people are jumping into the trend. In fact, we predict it’ll be uncommon to walk into a home and not see at least a few succulents lying around. Be sure to learn all about what kind of plants will thrive in your home before making a garden room of your own.

Transition into Transitional Style Decor

We’re all in the process of remembering to write 2020 instead of 2019 on all of our dated papers, but that’s not the only transition the new year marks. In fact, this year, there will be more blends between the contemporary and the modern. Think of those green velvet couches that have a traditional style but feature a pop of color and texture in the fabric used. Blend the classics with something new, and you’ll be a transitional style expert before you know it.

Spanish Styles Aren’t Taking a Siesta

Stucco and clay textures with wrought-iron details will continue to be a staple of the year. Colorful tiles with interesting patterns are also another staple of the style, so if you’re planning on redoing your bathroom in 2020, you may want to think of incorporating something that will make you feel like you’ve entered a beautifully tiled Spanish villa.

 

2020 will be a time for breaking out of your comfort zone to try new things! Pick a new style, room, color, or idea to make your focus for the new year and see what comes from it. If you need more ideas on how to improve your home and get the most of the space you’re in, check out our Facebook page. If you have any questions about the real estate market and where Reno’s headed in 2020, don’t hesitate to reach out to us at (775) 828-3292.

 

David Morris Group - A Look Into Reno's Hot Real Estate Market - Reno Homes - Reno Real Estate - Best Reno Real Estate Broker

A Look Into Reno’s Hot Real Estate Market

David Morris Group - A Look Into Reno's Hot Real Estate Market - Reno Homes - Reno Real Estate - Best Reno Real Estate Broker

A recent article confirmed what we already knew – Reno’s real estate market is sizzling! In fact, it’s hard to picture the market slowing down as we think of the current projects underway and the big booms we’ve seen in the last few years. With the buzz gaining attraction, let’s look into Reno’s hot real estate market.

 

Business Insider gathered insights from real estate professionals from a variety of markets to see if there were any cities that were repeatedly brought up as explosive markets. They found that there were 15 places that were brought up in a prediction of the most popular real estate markets for the next ten years.

 

While the study didn’t include an overall ranking system, it’s nice to see Reno included in such an important list among places like Long Island City in New York and Boston, Massachusetts. The news shows how Reno is an adaptable city that bounces back and finds new ways to thrive. After being one of the cities hit the hardest by the Great Recession, Reno is now making strides to be a real estate market that everyone turns to watch.

 

Many point to Reno being a market to watch for the city’s current draw to big businesses. Tesla is but one of the companies that have decided to set up shop in the neighborhood, and it’s creating a great influx of jobs and economic growth. With the International Airport allowing residents to jet off wherever their heart desires and no state income tax ensuring you keep more of your money in your pocket, Reno has many perks. These perks are drawing more and more California natives to move to the area to get away from the growing costs of living in our neighboring state.

 

With Reno’s current 1,000 homes in 120 days initiative, it will be exciting to see how these developments impact the future of Reno’s real estate market. We’re always happy to share our insights into the market, and if you have any questions on what your home may be worth in the current market, don’t hesitate to reach out to us at (775) 828-3292.

 

David Morris Group - Redevelopment Projects Give Old Businesses New Life in Reno - Reno Real Estate - Best Reno Real Estate Broker - Reno Renters - Reno Homes

Redevelopment Projects Give Old Businesses New Life in Reno

David Morris Group - Redevelopment Projects Give Old Businesses New Life in Reno - Reno Real Estate - Best Reno Real Estate Broker - Reno Renters - Reno Homes

There used to be a time where you would drive downtown and see dilapidated motels and homes that needed some much-needed love to keep them standing, but that’s been something we’ve rapidly seen change over the last few years.

 

The expansion of the university and the cleanup projects happening in part due to the Neon Line District have brought a vibrancy to the community again. We’re seeing some continuous changes, and it’s not slowing down anytime soon.

 

In fact, Reno’s West Fourth Street is part of a current redevelopment project that will change an old motel into new apartments. The Courtyard Inn Motel is the latest piece of property to be bought up for the Neon Line District, and after the $5 million investment has been made, the motel will be a 38-unit apartment complex called Loft 601.

 

The new project will include plans to save 10% of the units for affordable senior housing. Loft 601 will be studio apartments with a new community room and kitchen for tenants to use. Construction is underway, and the target move-in date for renters is July 1.

 

In the last few years, Fourth Street alone has demolished or redeveloped 300 units of housing in hopes of updating the neighborhood and improving the living conditions in the aging properties. The overall end goal is to make the Neon Line District an attractive location for tourists and new renters alike, and that’s already been seen with the Burning Man art pieces along the corridor.

 

There are also talks about the Neon Line District being recognized by the city as its own district in order to seek funding for bike lanes and improvements to the general structure of the neighborhood.

 

Reno continues to be adaptable and thrive in any circumstance that’s thrown its way. We love keeping our finger on the pulse of these changes, and if you ever have any questions about what developments are underway and what it can mean for buying or selling a home, give us a call at (775) 828-3292.

 

David Morris Group Incremental Development Alliance Comes to Reno Real Estate Reno-Sparks Reno Alliance Best Real Estate Broker in Reno

Incremental Development Alliance Comes to Reno

David Morris Group Incremental Development Alliance Comes to Reno Real Estate Reno-Sparks Reno Alliance Best Real Estate Broker in Reno

Reno has always been lucky to have residents with strong ties to the community who share a love for improving the area and fostering innovations of all kinds. Reno has also always been welcoming and accepting of new ideas, people, and projects, which makes it no wonder why other businesses, developers, and groups have always turned to Reno for help. It now seems that Reno is the one getting a little help, especially in terms of Reno real estate investment and Reno real estate development.

 

A not-for-profit group of knowledgeable individuals has been hosting monthly events to help small developers and residents strengthen their neighborhoods with small-scale real estate projects. The group is called the Incremental Development Alliance, and they support the idea that communities are built from within. They help residents invest in their communities and help businesses with small scale developments in order to ensure the area grows and thrives.

 

The first of the monthly Incremental Development Alliance talks took place in Reno on November 5. Andrew Samuelsen was the guest of honor, and he talked about how he switched careers from Software Development to Real Estate Development in Reno, as well as all of the steps in the process to complete his first big project.

 

The next Incremental Development Meetup will be on Tuesday, December 3, from 6 – 7:30 PM, and will be held at the Reno Collective. This group is geared towards landlords, developers, architects, designers, wanna-be developers, city planners, and anyone who wants to strengthen our neighborhoods using real estate development as the tool. If you have a curious mind and an increasing desire to learn how to help the community, the Incremental Development Meetups are perfect for you.

 

Network, gather ideas, and build a team to take Reno to the next level. Meet people that share in your passion for change and strive to be pioneers for the betterment of the community. We look forward to being your partners in taking these small-scale real estate projects further, and if you ever have any questions about the real estate market, don’t hesitate to reach out to your friends at the David Morris Group.

 

David Morris Group Reno Homes Making Room for UNR Best Reno-Sparks Real Estate Broker

Reno Homes Making Room for UNR

David Morris Group Reno Homes Making Room for UNR Best Reno-Sparks Real Estate Broker

The Gateway District is a historic neighborhood in Reno and is bordered by Interstate 80, Ninth Street, Virginia Street, and Evans Avenue. This means that the Gateway District is close to the entrance of the University of Nevada, Reno’s campus and the perfect location for the university to set their sights for expansion.

 

UNR has already begun tearing down eight homes in the area as part of the plan to make room for academic buildings and a parking garage. For anyone driving down Center Street, metal fences and bulldozers can be seen in preparation for the project. One house has already been razed, and three more are scheduled to follow shortly.

 

Before 2019 is over, the demolition portion of the project should be completed, but the timeline could change depending on permit approvals. Center and Lake streets are rife with demolition currently and will be seeing a lot of construction in the next couple of months.

 

To keep the project moving, a design for a parking garage located in the University Gateway Precinct is underway. With student and faculty growth multiplying, there’s a large demand for more parking spaces close to the campus. The Gateway Precinct parking garage will add an additional 720 to 1,000 parking spots in a desirable location at the south end of campus. The current design shows the parking garage is an eight-story, 250,000 square-foot structure to be completed fall of 2021.

 

That’s not the only design that the university has been working on though. There are also specs for a new multi-story College of Business building located in the University Gateway Precinct underway. The building will house the Ozmen Center for Entrepreneurship, the Nevada Small Business Development Center, the Dean’s office, and a Student Success Center, as well as auditoriums, classrooms, offices, specialty lab spaces, retail, and supporting functions. This project is a little farther off as it’s projected that construction won’t begin until the summer of 2021, with completion happening in the summer of 2023.

 

If you’re curious about what the university’s expansion could mean for your home’s value and your neighborhood, give our team a call! We’re happy to give you some insight into the real estate market, and should you be thinking of buying or selling a home, we’re always here to make the transition as stress-free as possible.