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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
Millennials: Good Or Bad For The Real Estate Market?
Over the years, the landscape of the housing market has changed dramatically. As the older generation grows even older, a new group is coming into their own as the face of the housing market: millennials. These home buyers are faced with a new set of daunting challenges when it comes to buying a home, and realtors face an entirely different set of challenges when ...
Agent Advice
Retirement: A Real Estate Agent Niche
Everyone has a different idea regarding what they want to do when they lay down their burdens and walk into the golden light of retirement. Maybe you’ll buy an RV, and tour the country, stopping to camp in places all around the country. Maybe you’ll take up woodworking, and create beautiful, handcrafted works of art out of the remnants of fallen timber. ...
Homebuyer Tips
How To Keep Up With Your Mortgage Payment
The day when you are looking to buy your first home has arrived and you are excited beyond belief. The American Dream of homeownership is finally becoming a reality, after all the sacrifices you’ve done in order to save money for this moment. Everyone gets excited in the beginning. I mean who wouldn’t when you know that, finally, there is a place you can ...
Homebuyer Tips
In the middle of Virginia is where you’ll find the unincorporated area of Chesterfield, the county seat of Chesterfield County. While the census-designated area shares the same name with the county to which it belongs, they are not the same place. The county is considerably larger than the unincorporated area of Chesterfield, Virginia and within Chesterfield ...
Agent Advice
How I Managed My Sleep Hours As A Real Estate Agent?
Sleep management is something that many people need to learn during their lifetime. A normal sleep schedule and a good sleep management are important in every line of work. University students struggle with getting enough sleep because they prioritize other social engagements or studying before sleep, thinking that their young age means that they are less affected ...
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