I often hear people enthusiastically say: “They/I sold the house in a day!”. I cringe because I know the seller has probably left money on the table. The below stats (2015 King County single family home sales) beautifully illustrate the point. Controlling the market exposure to 5 to 7 days will optimize your sales price. Selling a home is more than just sticking a sign in the yard—there is an art and a science to optimizing your bottom line.
This darling Wedgwood listing is fun! First, it’s heartwarming to have repeat clients who trust me with the sale of their childhood home. Then, the sellers followed our pre-listing advice—pre-inspect, address some inspection issues, some prep, tidy the yard, and invest in staging—and, as anticipated/hoped, the market response is off the charts. I thought the Bellevue market was insane—take it up 2 notches for Seattle. What is extra nice is the high caliber of brokers on the other end. Offer review is tomorrow. It will be interesting to see what happens.
Here is a link to the listing: http://sanditampa.com/listing/WA/Seattle/8762-25th-Place-NE-98115/42945695
Just listed! Secluded home with Bellevue Schools. Please join me for tomorrow's open house from 11 AM to 1 PM or on Sunday from 1 PM to 4 PM.
The Eastside market continues to be a strong Seller’s Market. There simply isn’t enough supply for the buyer demand. Interestingly, in the last few weeks, the single family home market has seen over priced homes not sell in a weekend (which is a lifetime in this market). Time will tell if this was a Spring Break induced lull or if there has been a slight shift. That said, the condo market is continuing to experience rapid appreciation.
Here is a link to the Eastside single family home stats: http://sanditampa.com/eastside-market-stats/ Anything less than 3 months of inventory is a Seller’s Market. We are 1.3 months based on Closed sales and 0.9 months based on Pending sales.
Contact me if you want to discuss your home’s value or if you want to learn strategies for winning multiple offers.
Listed this condo on Thursday and was Pending in 4 hours. Normally, we do an offer review period that runs through the weekend. In this situation, the seller received an offer they couldn’t refuse, from a buyer who has been beat-up by the market. Beyond happy for my client and the buyer. It’s truly a win-win. I love my job!
Click this link for more info: Tanglewood Condo
While giving clients their keys and sharing in their excitement is one of my favorite things. It’s also a little sad for me, as the frequent interactions slowly to nearly a halt. It’s a bittersweet, but certainly more sweet than bitter. This is Dani—she is fun (in case you couldn’t tell).
Stylishly updated 2-level condo with attached garage. This should go fast. Please stop by the Open Houses today from noon to 2 or Sunday from 1 PM to 4 PM. Elly McKenzie will be holding it open. Who is Elly you ask? More information next week!
I'm in the process of adjusting my business structure (services still the same, changing the behind-the-scenes money flow). I have spoken to several professionals, all people I trust or quality referrals. Each professional has different advice and is emphatic about thier recommendation. My head is spinning. I'm frustrated because I'm decisive and an engineer, so I prefer things to be more black and white. My husband mentioned this fable and its resosnating with my plight (ok, plight is a bit dramatic, my 'first world problem' is more accurate, but still….), and I have seen many of buyers get 'caught/stuck' in this situation. The lesson:
….by endeavoring to please everybody he had pleased
nobody, and lost his Ass in the bargain.