Because they aren't making any more of it! So of course the value of my home will go up! From my experience at McGrath Real Estate Services over the past year, I have found that the age old reasoning behind investing in Real Estate needs a bit of a face lift.
McGrath Real Estate is a small full-service Real Estate Firm in Herndon, VA. This means that the company does property management, sales, and rentals. As the Maintenance Coordinator, I work with all three divisions of the company since they intertwine so closely. I am responsible for improving the customer's experience by overseeing the repair process from the first request through the reception of the invoice for the completed work from the vendor. I manage all inquiries from tenants, coworkers, vendors and clients regarding the repair process, and provide updates to all parties involved.
I get to see the good, the bad, and the ugly of the Real Estate market in Northern Virginia. I have been a part of the process when my coworkers sell their investor clients' houses for a significant profit, and I have also seen some of our clients try to deal with owning a property while underwater on it. I have experienced clients who are elated, apathetic, frustrated, content and irate with our service. The biggest takeaway from my experience is that Real Estate is a living, breathing entity connected to the state of the economy and there are no certainties. So at McGrath we have to control what we can for the customer: excellent interpersonal skills, professional analytical abilities, and a superior attitude!
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