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About The Thompson Team
Let us be your real estate professionals. Our approach is customized for each client. Our solutions for you are never one-size-fits-all! You can now even search by commute times by going to the "My Search" tab.
On our site you are able to view MLS listings up to the minute once you register with us. Our site is designed to personalize your searches to meet your needs whether you're a buyer, seller, or just curious.
Please view this website as an introduction of our services and capabilities in this local area. Give us a call or send an email when you are ready to visit some homes, or to schedule a free home selling consultation. We look forward to working with you!
Reston Office
1886 Metro Center Dr. Suite 200
Reston, VA 20190
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Real Estate Glossary Terms
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Real Return On Investment
The yield after deduction inflation and its effects. It is the return on investment stated in real purchasing power. ...
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Reversionary Lease
The reversionary lease definition is a lease that only starts at a later date. It is not a lease that starts only when another current lease ends. That is a lease of reversion. Not to be confused. It is often used when the occupancy of a property is postponed for a future date. It can easily be use ...
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Cica
Same as term Captive Insurance Companies Association (CICA): trade association located in New York City, consisting of approximately 200 captive insurance companies. The objective of the association is to further the common interests of its members. ...
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Internal Revenue Code
Federal statute defining the federal tax code, covering such topics as credits against tax; business-related credits; computing credit for investment in certain depreciable property; computation of taxable income; definition of gross income, adjusted gross income, and taxable income; itemized deduct ...
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Three-factor Contribution Method
Principle of surplus distribution as the result of excess funds above the amount required to establish legal reserves. These excess funds are generated from three sources: mortality savings; excess interest earned on investments; and expense savings. ...
Real Estate Advice
Homebuyer Tips
Eco-friendly Vs. Harmful Building Materials
More than ever, the past dictates our future. The twenty-first century must face the dramatic repercussions of our past heritage concerning environmental issues. We foolishly exposed our planet to threats and insecurity. In practice, we do lots of harm to our immediate environment, and we should pay more attention to do’s and don’ts in nature. Humankind has ...
Homebuyer Tips
Home Automation That Can Be Implemented
Phrases like “Alexa, turn on the AC!”, “Alexa, dim lights!”, “Alexa, open the front door!” or “Alexa, cook mac&cheese!” are becoming a regular in US households. Well, maybe not the last but it won’t be long till that becomes a reality as well. Having the ability to tell your home what to do has been a fantasy ...
Agent Advice
Digital Trends That Revolutionized The Real Estate Industry
Of all the inventions that changed the real estate game, none have changed it as profoundly and irreversibly as the internet. This technology opened up a world of new possibilities and opportunities for real estate professionals working at every level in the field of real estate. From the lowliest copy room workers to the moguls and brokers at the very top of the ...
Homebuyer Tips
Homebuyer - Realtor Relationship In A Period Defined By COVID
At the beginning of 2020, a pandemic swept across the globe. The coronavirus or SARS CoV-2 became public enemy number one due to its unpredictability in spreading and affecting human health. Specialists soon discovered the exponential damage it can exert causing respiratory tract infections, from mild to lethal. As a result of the virus, a series of protective ...
Homebuyer Tips
House Hunting Goes Digital In 2021
As you are already aware, the global pandemic kicked in 2020 inconsiderately switching up the rules of the game. An unwelcome guest, SARS-CoV-2 (COVID-19), proved to be a tough opponent. As a result, governments were obliged to implement similar responses in the form of severe restrictions, namely lockdowns, the principle of social distancing, and even tighter health ...
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