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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
Housing Market Predictions For 2022
We are almost done with 2021 and the incredibly chaotic housing market that came with it. It’s natural that we look forward and try to understand what next year will look like. Many home shoppers experienced the double-edge sword of 2021’s housing market. Witnessing how the housing market appreciated over the last twelve months fueled fears of another ...
Homebuyer Tips
How Will The Hybrid Work Week Shape Homebuyer’s Preferences?
People take a lot of time thinking about what they want in a new home and rightly so! We want to make sure we’re buying a home that meets all of our wants and needs. We want to find an affordable place that is near friends and family, but also close enough to work, as well. And, of course, we want to make sure we can find an affordable property that isn’t ...
Home Seller Tips
How To Host An Open House And Generate Leads While Doing It
As a well-established convention in the sphere of real estate, the sight of an open home being hosted by a local real estate agent is not at all uncommon. If you were to drive through an average suburban neighborhood on any given sunny summer afternoon, you’d likely come across a number of these events, extending an open invitation to any and all willing visitors. ...
Home Seller Tips
How To Improve The Privacy Of Your Home
If you live in a residential neighborhood, there’s a good chance that you’ve had to deal with neighbors who don’t respect your privacy. Whether they’re peering through a pair of binoculars surveilling your Sunday afternoon barbeque or dropping by unannounced to “see how you’re doing”, these unpleasant individuals are the bane of ...
Homebuyer Tips
In The Miscellaneous Labyrinth Of Real Estate Finance
To those of us who’ve gone through the process of moving, it’s no secret that moving can be a hassle and a half, between the stress and substantial financial investments. We usually decide to relocate for various reasons, such as a brand new workplace, the prospect of a brighter future, climate changes, or even the global pandemic. COVID-19 made ...
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