The Kettering Community

The Kettering CommunityThe Kettering CommunityThe Kettering Community

The Kettering Community

The Kettering CommunityThe Kettering CommunityThe Kettering Community
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Dedicated To Providing Exceptional Service

Dedicated To Providing Exceptional Service Dedicated To Providing Exceptional Service Dedicated To Providing Exceptional Service

ReMax  United  Real  Estate

14340 Old Marlboro Pike  MD 20772

301 702 4200

contact Rick 240-353-4648

rickthompsonrealtor@gmail.com

Dedicated To Providing Exceptional Service

Dedicated To Providing Exceptional Service Dedicated To Providing Exceptional Service Dedicated To Providing Exceptional Service

ReMax  United  Real  Estate

14340 Old Marlboro Pike  MD 20772

301 702 4200

contact Rick 240-353-4648

rickthompsonrealtor@gmail.com

Ricardo (Rick) Thompson

"I invite you to contact me to explore how I may assist you in buying or selling real estate."

                        EDUCATION

Fairmont Heights High School

BS Business Management  - Strayer University

MBA -  University of Southern Illinois

Associate Broker -  Frederick Academy of Real Estate

GRI - Graduate Realtor Institute

SRS(Seller Representative Specialist)- R. E. Business Institute

"The Kettering Expert" 35 Years of Experience

Cell: 240-353-4648 Email: Rickthompsonrealtor@gmail.com Website: Rickthompsonrealtor.com

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Community Of Kettering

Kettering is one of the most desirable communities in Prince Georges County.   It is located in Central Prince Georges County, with easy access to downtown D.C., Annapolis, Montgomery County and Waldorf.  It is composed of  single family homes and regular townhouses and condo townhouses.


Kettering is within a couple of miles of the New Prince Georges Hospital and rehab facilities, the Largo Metro and the County’s administrative offices.  Public transportation is a great attribute. Bus routes to the Largo Metro are located throughout Kettering.   


Shopping facilities are offered by three shopping centers located off of Central Avenue (Kettering, Mitchellville and Watkins Park Shopping Centers).  The Woodmore Shopping Center is a couple of miles away. Parks are located throughout the community, with Watkins Regional Park being the largest one.  


Kettering is divided into two Legislative Districts (23th and 25th) and two Prince Georges Councilmatic Districts (3rd and 6th).  These districts are divided by Watkins Park Drive.


A community center is located at the end of Chesterton Drive.   This facility is comprised of two large rooms for family gathers and events.  Residents can rent the facility at a discount rate.  Adjourning this center is a large picnic area. The Kettering Community is a place of harmony and enjoyable living and is well respected in Prince Georges. 

Real Estate Update

September, 2024 represents a month of uncertainty.  Inflation is below 3% and the Federal Reserve has just approved a slight rate increase..  This may increase the number of buyers entering the market. The change in how Buyer Agents are compensated complicates real estate transactions.  Everyone is trying to find their way.  In the past, Listing realtors, with the approval of the Seller(s), determined how much compensation was offered to a Buyer's Agent.  Beginning August 14, 2024, Buyer Agent's compensation must be negotiated. This change has necessitated additional forms be incorporated in the transactional package.  Buyer Agents must have a signed Buyer Broker Agreement with the Buyers.  Without this, there is no Buyer Broker relationship.  Compensation for the Buyer Agent can vary from property to property.  The Seller will determine how much compensation a Buyer Agent receives, if any.  Please contact me for more information.  

As for the market, it remains slow due to the lack of inventory.  This may change due to the possible cut in the interest rate by the Federal Reserve.  Additional rate cuts could change the market substantially. Homeowners with mortgage rates below 5% may still be reluctant to sell their home and purchase another.  However, if rates drop below 5%, Sellers may be enticed to put their home on the market and bring equilibrium to the market.  At the same time, buyers who have been waiting for lower rates may get off the fence and enter the market.  However, it continues to be a "Sellers Market."  Kettering's listings in 2024 mirrors the Prince Georges area.  Unlike 2023, listings in Kettering are down.    Kettering homes continue to be a get opportunity for first time homebuyers and move up buyers.  Last year, several renovated homes have sold for over $500,000, with the highest to date being $576,000. Presently, the medium home price in Kettering is around $480,000 for a standard sale.  Sellers should prepare their home properly for sale.  Below are some tips in "preparing a home for sale. " This pattern should remain through the summer.  Any rate reduction by the FED will result in an improved market.  The next 12 months should be a good time for move up buyers and for mature buyers looking to move to "Senior Communities."  Several next communities are available and have backlogs already.  Sellers have realized substantial equity in the homes the last two years. I am available to provide you with a home value analysis and a net sheet indicating your estimated proceeds if you sell your home.   I am just a call away!!!. 


                                                                                            September, 2024



Single Family Houses Currently for Sale

204 Kendle Street

4 Bedroom, 3.5 Bath, Colonial w 2-Car Garage

 Offered at $525,700

Single Family Houses Under Contract

13107 Alstair

4 Bedroom,2.5 Bath, Split Level w pool

 Offered at $530,000

206  Essenton Drive

4 Bedroom,3.5Bath, Split Level w pool

 Offered at $540,000

119 Essenton Drive

3 Bedroom,2.5Bath, Rambler w Basement  AS-IS

 Offered at $420,000

13102 Eddington Drive

5 Bedroom, 3 Bath, Colonial w Basement

 Offered at $524,000

113 Graiden Street

4 Bedroom, 2.5 Bath, Split Level

 Offered at 445,000

12703 Princeleigh Street

e Bedroom, 2.5 Bath,  Rambler w Basement

 Offered at 430,000

Single Family Houses Sold in Last Five Months

13107 Burleigh Street

12711 Whiteholm Street

12711 Whiteholm Street

4 Bedroom, 2.5 Bath, Colonial w Basement

Sold Sept. 13, 2024 for $450,000

12711 Whiteholm Street

12711 Whiteholm Street

12711 Whiteholm Street

 Bedroom, 2.5 Bath, Rambler W Basement

Sold on September 10, 2024 for $440,000

208 Dauntly Street

12711 Whiteholm Street

308 Bennington Court

3 Bedroom, 2.5 Bath, Split Level

Sold on September 5, 2024 for $455,000

308 Bennington Court

308 Bennington Court

308 Bennington Court

4 Bedroom, 3 Bath, Colonial w Basement & 4+Car Garage

Sold on Aug. 23, 2024 for $510,000

1 Blaketon Court

308 Bennington Court

12807 Sholton Street

4 Bedroom, 2.5 Bath, Split level

Sold on  August 23, 2024 for $549,000

12807 Sholton Street

308 Bennington Court

12807 Sholton Street

3 Bedroom, 2.5 Bath, Rambler w Basement

Sold on August 8, 2024 for $443,000

12006 Hunterton Street

12006 Hunterton Street

12006 Hunterton Street

4 Bedroom,2.5 Bath, Rambler w  Unfinished Basement

Sold on July 31, 2024 for $470,000

209 Weymouth Street

12006 Hunterton Street

12006 Hunterton Street

4 Bedroom, 3 Bath, Rambler w Basement

Sold on July 31, 2024 for $535,000

47 Staton Drive

12006 Hunterton Street

47 Staton Drive

 Bedroom, 2.5 Bath, Rambler

Sold on April 22, 2024 for $450,000

Testimonials

We selected Rick Thompson from amongst several real estate agents interviewed. We were very satisfied we had made the right choice after his performance. He was prompt and very professional. He followed up on every detail in a very timely manner, and we were able to settle in less than 30 days.

Mohamed & Khairool Ghani

I had the pleasure of working with Mr. Rick Thompson from ReMax for a short 5 weeks. He has been the best realtor I have ever dealt with. I had the pleasure of working with Mr. Rick Thompson from ReMax for a short 5 weeks.

Robert Clark

I have never written a review for anyone or anything, but your service and guidance was over and beyond that of an agent. I interviewed multiple agents and chose you based on your extensive knowledge and love for the Kettering community.

Dionne M. Smith

I would recommend Mr. Thompson to anyone in the Kettering/Upper Marlboro area looking to sell or purchase a property. We are truly grateful for his guidance and work ethic. Top notch.

Sandra Benain-Joyce

MY SERVICES TO THE SELLER

PRE-LISTING ACTIVITES                                                                                                               Make appointment with Seller to obtain relevant information 

Assess Property's appeal and features  


LISTING PRESENTATION

Give Seller overview of market Reviews Agent Credentials 

Provide CMA Provide Net Sheet Review Agency Relationship Review Listing Forms 

Make recommendations to improve marketability 


AFTER LISTING AGREEMENT IS SIGNED

Obtain and review house plans

Obtain signatures for required forms

Obtain information on utilities

Explain the pros and cons of a Home Inspection and a Home Warranty

Review selling process and preliminary marketing plan

Obtain keys 


INPUT PROPERTY IN MLS DATABASE

Enter property in database

Have pictures taken and upload Upload disclosures 


MARKETING THE LISTING

Prepare property flyer E-mail flyer to other agents 

Plan open houses, if necessary

Coordinate showings via office staff

Prepare and send out mailings to community

Install sign on property and informational box

Suggest price changes if necessary  


THE OFFER AND THE CONTRACT 

Receive and review all offers submitted

Evaluate offer(s) with Net Sheet Discuss Buyer's financial affordability with Lender 

Present offer(s) with Seller Assist Seller in making selection and counteroffer Inform Buyer's agent(s) of Seller's decision

E-mail offer to Buyer's agent If accepted, without counter.

Change status in MLS database 

If inspection is required, make sure it is completed.

Provide any repairs requested by Buyer to Seller 

Obtain final repairs agreed by Buyer and Seller

Make sure Seller completes repairs by licensed contractor  


CLOSING PREPARATIONS AND DUTIES 

Coordinate closing process with Buyer's agent, Settlement company and Buyer's Lender

Make sure all provisions of Contract have been complied with 

Confirm closing date and location Review ALTO(HUD-1) statement at Settlement for accuracy Coordinate Buyer's walk-through inspection

Provide Home Warranty at Settlement (if applicable)

Coordinate with Seller on method of receiving funds

Make sure all keys are exchanged at settlement 

After settlement, change status in MLS database 


FOLLOW-UP AFTER CLOSING

Respond to all after settlement concerns by Seller 

Remove Sign off of property  




Ideas To Increase Home Value

Upgraded Bathrooms

Remodeled or updated bathrooms add value.  Studies show that they have a net return of more than 20%.  A completely remodeled bathroom is a great selling feature and generates a high net return.

Upgraded Kitchen

Remodeled or updated kitchen usually have the highest net return of 25% or more.  A  completely remodeled kitchen can be costly, but it is the one improvement that will sell your home faster than any other improvement.

Upgraded Appliances

Upgraded or replacement appliances are a must in selling a house.  While they don't add as much value as kitchens or bathrooms, they are a good selling feature.

Curb Appeal

Curb appeal is the first thing a buyer sees when viewing your home.  The condition of your lawn can be an indicator of how you maintain your home.  Although the condition of your front door, carport and front window add minimal value, they are good selling features and should be well maintained.


How to Prepare Your House For Sale

Declutter your home- Remove or put in storage items that clutter your home, including furniture.

Paint your home- This is the most inexpensive way to improve your home's appearance.

Inspect & Repair Appliances- Have a licensed contractor inspect appliances, including HVAC systems.

Electrical & Plumbing- Have a licensed contractor inspect your electrical and plumbing systems.

Roof- Have a licensed contractor inspect your roof for leaks and remaining life value.

Landscaping- While this is usually overlooked, it can be the Buyer(s) first assessment of your home.

Note: Most of the foregoing items can be accomplished via employing a home inspector.

NEW HOME DEVELOPMENTS

New Luxury Garage Townhouses in Prince Georges County and Odenton, Maryland are available until the end of the year at the discounted rate of 4.9% with 2.5% closing assistance.  The subdivisions are Amber Ridge in Bowie, Signature Club Towns in Accokeek and Radcliff Reserve in Owings Mill, Maryland


BEECHFIELD MANORS- 55+ Subdivision in Bowie.  Only 10 Villa Homes and 1 Single Family Available.   Amenities include a clubhouse, swimming pool,bike rack, pickleball court, trails and more... 

Real Estate Services For The Seller

MAX SOLD

This is a company that offers a homeowner the service of auctioning off furniture and other household items they want to sell prior the home being offered for sale.  Max Sale and the Homeowner will determine the price of the items.  The items will be bidded online.  The awardees will physically pick the items up at the property at a time predetermined time.  Max Sold will coordinate everything.

CURBIO


This company offers renovation services to the Homeowner who does not have the funds to make repairs needed to sell their home.  Curbio will assess the costs of the repairs and make the repairs prior to putting the home on the market.  Their costs will be paid at settlement.  Curbio will place a lien on the property to ensure payment.  The home must have enough equity to cover Curbio's costs and provide an acceptable return to the Homeowner at settlement.

Kettering Community Upcoming Events

Property Management

KCA Board of Directors Meeting in November, 2023

Copyright © 2024 The Kettering Community - All Rights Reserved.

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