LiveStream Open Houses

Livestream Open Houses – Sunday 7/26/2020

Tour these homes without leaving home.

520 N Street SW S216
Washington, DC

LiveStream Open House 
Sunday 7/26, 1-1:15pm

Southwest Waterfront
1 Bed | 1 Bath | $499,000

Want to be near all the waterfront excitement, but come home to a very special place? Make S216 your new address! A ONE OF A KIND redesigned one-bedroom co-op in one of Washington’s Best Addresses. This Harbour Square apartment has everything you’re looking for in your next home: open gourmet kitchen with ample prep areas, thoughtfully designed storage solutions, and a space-saving dining table built into the kitchen peninsula; a spacious living room with electric fireplace in decorative chimney breast. A glass barn door separates the public and private spaces. Have a spa day in the beautiful and luxurious bath with glass enclosed walk-in shower, porcelain tiling, and linen closet. The serene bedroom features a ceiling fan, walk-in closet, laundry and shoe closets. Situated in a tranquil tree court, S216 also offers a balcony overlooking the co-op’s Waterfront Walkway — one of the many beautiful spaces within the property. Other amenities include public rooftop terraces, green spaces with grilling and seating areas, a community/party room, indoor pool, fitness center, bike storage, guest parking, 24-hour gatehouse, security, in-house maintenance and much more. Pets allowed.

560 N Street SW N413
Washington, DC

LiveStream Open House 
Sunday, 7/26 1:30-1:45pm

Southwest Waterfront
1 Bedroom | 1 Bath | Den | Balcony $425,000

In beautiful SW Waterfront. N-413 offers a renovated kitchen with stainless appliances & granite counters, den/office/guest room, in-unit washer/dryer combo, large balcony, bath with tub shower, ample closet storage, hardwood floor and more.

Harbour Square co-op has indoor pool, gym, public roof terraces, 24-hour gatehouse, and onsite management. Pets allowed. Visitor parking available. Monthly rental parking. 

LiveStream Open Houses

Livestream Open Houses – Saturday 7/11/2020

811 4th Street Northwest, Unit 1103
Washington, DC

LiveStream Open House 
Saturday 7/11, 1-1:15pm

Mount Vernon Square
2 Bed | 2 Bath | Garage | $625,000

Light Filled 2 bedroom/2 bath + Garage Parking + Storage. Step into hallway foyer, leading to step-up lofted flex bedroom with partial wall that lets lots of natural light in. Guest bath with tub shower. Open kitchen/living/dining. Wall of windows with tranquil high-up eastern views. Spacious second bedroom is directly off living room separated by pocket door. Floor to ceiling windows with sliding doors that open to small balcony. Another full bath with walk in shower. Closets galore throughout. Maple flooring + carpeted bedrooms + ceramic bath tiles. Extra high ceilings with exposed AC ducts. In-unit Washer/Dryer. Gas cooking. Granite countertops. 

430 M Street SW, Unit N201
Washington, DC

LiveStream Open House 
Saturday 7/11, 2:00-2:15pm

Southwest Waterfront
Studio | 1 Bath | $265,000

This lovely studio co-op offers updates throughout. Ample and flexible living, dining and sleeping spaces. Storage galore. A spacious west-facing balcony extends your living space to enjoy the outdoors privately. Pets allowed

What’s It Like to Sell Right Now?

Here are some ways we are helping our clients with Safer Selling:

LiveStream Open Houses

LiveStream Open Houses allow us to walk through and show homes to buyers remotely.

3-D Models enable buyers to tour homes at their leisure from anywhere, at anytime.

Compass Concierge can help sellers move out, allowing for their homes to be shown vacant.

If you’re thinking about selling your home, let’s talk about your options today! Please send us a message, schedule a time for a call or conference, or give us a ring!

Connected with Compass

During the last three months, many of us have begun to re-evaluate what we need from our homes. Some desire more space, maybe with a terrace, garden, or pool, while others may be ready to downsize into a low-maintenance lifestyle. Some might be ready for a residence in warmer weather, while others are looking for a cooler escape. 

Over the next few months and subsequent years, there will be many changes made to the places we call home. At Compass, we are connected to the best real estate professionals in regions all across the country who are ready to help you explore and navigate your options. 

With trusted colleagues in over 130 markets nationwide, we’re here to help — no matter where your move takes you.

If you ever have any questions about anything involving real estate, please send us a message, schedule a time for a call or conference, or give us a ring!

Looking to sell your home?

With Compass we have the resources to stay connected with interested buyers, even at a physical distance.

Whether it’s through our tech programs like Collections or Marketing Center, or through online virtual and 3-D tours, we can give your home great exposure in any market conditions.

If you’re looking to sell your home, let’s set up a time to chat. We are always a phone call, text, or FaceTime/Zoom away.

If you ever have any questions about anything involving real estate, please send us a message, schedule a time for a call or conference, or give us a ring!

Preparing for the Buyer’s Eye

by Eddie Rangel, REALTOR

You only get one chance to make a good first impression!

Prepare your home as if you were having a large group of friends over for a special event. An open house can be a crowded event, so you’ll want to plan accordingly.

  • Consider having a professional service clean the home, including the carpets and the windows.
  • Set the dining room table with attractive linens, dishes, and stemware.
  • Arrange fresh flowers throughout the home and have a fire in the fireplace in fall and winter.

If you ever have any questions about anything involving real estate, please send us a message, schedule a time for a call or conference, or give us a ring!

Setting Up Utilities in Washington, DC

When selling, be sure to notify your utility companies so the buyer can set-up their accounts.

Setting up your utilities for your new home in Washington, DC?

Here is the contact information for the major providers:

Natural gas (Washington Gas 703-750-1000. Or online:

Electric (Pepco 800-494-4000. Or online:

Water (The settlement attorney will typically order the final water bill, and expect that your account will be set-up post-settlement. WASA 202-354-3600

Telecommunications (phone, internet, tv)

Verizon:  1-866-896-6837 or online:

Comcast: 1-800-XFINITY or online:

How To Buy A Distressed Property (Short Sale or Foreclosure)

by Steven Dean, REALTOR, SFR

Distressed property is any property facing a pending foreclosure or already foreclosed.

1) Have Money Before You Shop: Have cash for your purchase or a mortgage approval before you begin shopping for a distressed property. Many owners who are facing foreclosure do not have the time to see if a buyer can be approved for a mortgage. A purchaser with proof of financial ability to purchase has an advantage in negotiating.

2) Be Mentally Prepared to Wait and to Encounter Red Tape: Buying a distressed property is full of delays and possible ways for the transaction to fall apart. It will likely be the most frustrating real estate transaction ever. That’s just one reason that the price is as low as it is.

3) Limit Your Contingencies: Contingencies in a sales contract for distressed property will often cause the offer to be rejected. Consult with your agent to determine which contingencies you can do without.

4) Purchase the Property in As-is Condition: Most foreclosures will be sold in as-is condition. With short sales, many Sellers have not been able to properly maintain the property. There is often deferred maintenance. Be prepared to accept the property in its current condition. If you’re going to do a home inspection, do it quickly and get beyond it fast.

5) Be Ready to Act! Once you locate a property you like, write the offer right away! You want to make your offer before their is competition. Also, bare in mind that every day that passes on a short sale is one day closer to the property entering foreclosure.

6) Evaluate Your Motivations: A purchaser’s motivations need to become conscious and verbalized. A purchaser may want to find a great value in move-in condition with a quick settlement. If that’s the case, a short sale or a foreclosure is not the property to buy.

7) Bottom of the Market: Many people looking to purchase a short sale or foreclosure want to buy at the bottom of the market. The bottom of the market is a historical point, and it’s never known until it has passed.

8) Quick Settlement: A seller of a short sale will want a quick settlement. Typically, the settlement needs to occur within 30 days of the approval of the short sale. A foreclosed property will typically want to settle in 14 – 30 days after the sale is approved. After a long wait full of delays, the purchaser will be expected to act quickly when the time comes.

9) Inspections: It is always advisable to have a distressed property fully inspected by an experienced inspector. Purchasers will want to budget for repairs and upgrades once they own the home.

10) Examination of Title: A title search by a competent settlement attorney is advisable to any purchaser of a distressed property. Don’t expect the Seller to make repairs.

If you ever have any questions about anything involving real estate, please send us a message, schedule a time for a call or conference, or give us a ring!

What the CARES Act Means For You

As we’re all dealing with the effects of COVID-19 on our lives, we want to share encouraging news: the government has approved the $2.2 trillion Coronavirus Aid, Relief and Economic Security (CARES) Act which will help millions of people in this critical time. Perhaps even you.

This sweeping legislation is unprecedented in the history of our nation and provides significant economic assistance to address the impact of COVID-19. The CARES Act is over 800 pages long, but here are some of the economic provisions most relevant for you.

What this means for you and your loved ones

If you’re eligible for a cash payment 
Most individuals earning less than $75,000 can expect a one-time cash payment of $1,200. Married couples would each receive a check and families would get $500 per child. That means a family of four earning less than $150,000 can expect $3,400.

If you or someone you know has lost a job
States will still continue to pay unemployment to people who qualify. This bill adds $600 per week from the federal government on top of whatever base amount a worker receives from the state. That boosted payment will last for four months. 

If you’re a small business owner

The bill provides $10 billion for grants of up to $10,000 to provide emergency funds for small businesses who qualify for the Economic Injury Disaster Loan to cover immediate operating costs,

There is $350 billion allocated for the Small Business Administration to provide loans of up to $10 million per business. Any portion of that loan used to maintain payroll, keep workers on the books, or pay for rent, mortgage and existing debt could be forgiven, provided workers stay employed through the end of June.

If you’re a freelancer or independent contractor
Typically, self-employed people, freelancers and contractors can’t apply for unemployment. This bill creates a new, temporary Pandemic Unemployment Assistance program that provides unemployment coverage through the end of the year to freelancers and independent contractors and also provides an additional $600 per week for 4 months in addition to regular state benefits.

If you’re a property/homeowner
Borrowers of federally-backed mortgage loans can request a loan forbearance on their payments (without penalties, fees, or interest) for at least 180 days. 

Multi-family borrowers may request a similar forbearance for up to 30 days. 

In addition, foreclosures on similar mortgage loans are prohibited for at least 60 days and evictions from properties related to several federal programs are also prohibited for a 120 day period. 

If you would like to learn more about all the contents in the CARES Act, please see this article.

Please do not hesitate to reach out should you have any questions, or if you would like to just chat.

Stay safe and healthy.

All the best,

Eddie and Steve

See Also:

13 steps to take if you’ve lost your job due to the coronavirus crisis on

Virtual Open House

The health and well-being of our customers is our #1 priority. Making the move to a new home is one of the biggest decisions one will ever make. At Compass, we are working closely with our support teams to provide a personal virtual open house experience to everyone. While potential buyers may not be physically present for an open house or walkthrough, virtual open houses allow us to continue to provide you with best-in-class service during this time.

Virtual Open House

We have the ability to take a targeted audience on a digital journey through your premier properties. 

Through Virtual Tours, FaceTime and social media, we have been able to showcase the key features of your property to interested clientele. The Compass YouTube channel currently has 3.4M+ views. 

Tour These Virtual Open Houses

490 M Street SW W603
Southwest Waterfront
1 Bed | 1 Bath | Garage

560 N Street SW N413
Southwest Waterfront
1 Bed | Den | 1 Bath
Walk Through or Explore on Your Own

222 Farragut St NW 201
1 Bed | 1 Bath