About Gail Farrace

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So far Gail Farrace has created 25 blog entries.

Colony in the News

We are pleased that we have been featured in the Winchester Star! Our lovely office manager and Realtor®, Gail Farrace, was photographed hanging our annual Apple Blossom decorations despite the event being postponed due to coronavirus. We are determined to show our support and encouragement to the community. Colony Realty decided to honor the annual [...]

Colony in the News 2020-03-24T10:53:24-04:00

Virtual Real Estate Services

COLONY REALTY is Offering Virtual Services! With today's cutting edge technology and resources there's more ways than ever that you can tour real estate. Virtual Showings CLICK HERE to check out any of any of our listings or request a virtual showing via FaceTime, Skype, Instagram video call or Facebook video call (basically any way [...]

Virtual Real Estate Services 2020-03-20T10:40:44-04:00

Market Statistics – February 2020

Blue Ridge Association of REALTORS® (BRAR) Market Statistics February 2020 Overall, the number of new listings in February for the Blue Ridge Association of REALTORS® service area rose by 12.5% from 2019, with closed sales showing an increase of 53%, and the number of listings under contract up by 32.2% over the same time last [...]

Market Statistics – February 2020 2020-03-18T15:38:08-04:00

2019 Realtor Awards

COLONY REALTY Agents Recognized The Blue Ridge Association of REALTORS® has announced the 2019 winners of its Annual Achievement Awards! Colony Realty is pleased to congratulate several of our top associates, who were honored this year. The BRAR Awards were established to recognize outstanding REALTOR® members of the Blue Ridge Association of REALTORS®, who have [...]

2019 Realtor Awards 2020-03-12T15:05:05-04:00

Market Statistics Jan 2020

Blue Ridge Association of REALTORS® (BRAR) Market Statistics January 2020   Overall, the number of new listings in November for the Blue Ridge Association of REALTORS® service area rose by 40% from 2019, with closed sales showing an increase of 31.6% from 2019, and the number of listings under contract was up by 24.8%. The [...]

Market Statistics Jan 2020 2020-02-18T11:49:03-05:00

What is an EMD?

You finally found the home of your dreams and you decide to write an offer. Your real estate agent drafts the paperwork and tells you to remember your checkbook for the EMD. Don’t panic if you aren’t sure what that means, just ask your agent for clarification. An EMD, also called Earnest Money Deposit or [...]

What is an EMD? 2020-02-18T09:57:15-05:00

Why You Need a Real Estate Agent

Here are a few reasons why hiring a Colony agent can save you money, time, energy and unnecessary stress. NEGOTIATION SKILLS There are many factors up for discussion in a real estate transaction. As professional REALTORS®, we at Colony Realty have mastered the art of negotiating and will work to ensure that you maximize you [...]

Why You Need a Real Estate Agent 2020-01-24T10:26:49-05:00

Market Statistics – December 2019

Blue Ridge Association of REALTORS® (BRAR) Market Statistics December 2019 Overall, the number of new listings in December for the Blue Ridge Association of REALTORS® service area rose by 3.3% from 2018, with closed sales showing an increase of 12.7% from 2018, and the number of listings under contract was up by 2.1%. The median [...]

Market Statistics – December 2019 2020-01-16T16:53:48-05:00

Commercial Property Evaluation

When evaluating commercial property, there are three basic approaches used to determine value: The Sales Comparison Method, the Income Approach and the Cost Approach. The Sales Comparison Method relies upon historical market data from similar properties that are currently listed or have recently sold. Since no two properties are identical, adjustments must be made for [...]

Commercial Property Evaluation 2019-12-18T14:34:47-05:00

Market Statistics – November 2019

Blue Ridge Association of REALTORS® (BRAR) Market Statistics November 2019 Overall, the number of new listings in November for the Blue Ridge Association of REALTORS® service area increased by 2.7% from 2018, with closed sales showing a significant increase of 10.9% from 2018, while the number of listings under contract was up by just 1.4%. [...]

Market Statistics – November 2019 2019-12-17T11:30:56-05:00