Wednesday, May 25, 2016 / by Christine Robertson
Welcome to food tours, Tacoma edition! I asked everybody for what the best pho restaurant in Tacoma was, and I was directed here to Pho King.
I sampled the Pho King Special and Emily had the No. 6 with ribeye beef. It was excellent and we couldn't be happier that we came. I also think the name is extraordinary. The next time you're in Tacoma, I recommend it highly.
So now that you know where to get outstanding pho in Tacoma, you'll of course need to know about the market. Taking a look at our market snapshot, we see that the Tacoma market is almost as hot as it is in Seattle.
Houses are selling for about 3% higher than the asking price they're listed at in the area right around Pho King (Martin Luther King area).
Homes spend on average about 59 days on the market, which is about 20 days longer than homes sit on the market in Seattle.
What's interesting is that the price point in Tacoma is about $200,000 less than the median price point in Se ...
Friday, May 13, 2016 / by Christine Robertson
Why hire us? It’s a very simple question, so I’ll give you a very simple answer: performance.
Merriam-Webster defines performance as:
the execution of an action; the fulfillment of a claim, promise or quest.
We think the kind of performance people are looking for in a Realtor can be expressed in three different aspects: Can you sell my house for the most money, in the least amount of time, and for the least hassle?
Many agents measure their performance in the number of units that they sell, or in the dollar value of houses that they sell. We don’t do that. We measure our performance by how much money we net for you, our clients.
In the last 12 months, we’ve sold houses for 4% more than the average Realtor sells their houses. That’s 4% higher than local market averages. Plus, we’ve sold our houses in almost half the average time on market.
"We put you at the center of every transaction."
As for handling ...
Saturday, April 2, 2016 / by Christine Robertson
If you’re buying in Seattle right now, you don’t need me to tell you that the market is tough. It’s a great time for sellers, but tough for buyers. Most houses in the Seattle area are going into multiple offer situations, where more than one buyer has made an offer. This creates a bidding war for each house that’s sold. Today, I’m here with three tips to help buyers gain an advantage in multiple offer situations.
Know the game you’re in.
Research the market’s background so that you shop in the right areas. There’s a big difference between shopping in the $400,000 to $600,000 range and the $600,000 to $800,000 range, and so on. Each price range has a different set of circumstances, as does each neighborhood.
Generally, I would say you need to add an extra $10,000 to $20,000 over asking price for each offer that you’re competing against. So let’s say there are five offers on a property. Tha ...
Friday, March 18, 2016 / by Christine Robertson
Today I want to talk about the myth of the neighborhood agent.
I was recently at a listing appointment talking with the owner about selling her home; I was reviewing some staging tips and other things we do to get her house ready for the market, when she said: “I think I’m going to work with another agent who lives in the neighborhood."
This is something that I run into from time to time, and no one ever thinks about why they want to hire a neighborhood agent. Specifically, what value does an agent living in the neighborhood provide to you? If you ask yourself first “What do you want to get out of selling this house?” you’ll see that where the agent lives is not really all that important.
When I asked her what she wanted to get from the transaction. her response was typical. “I want to get the most money in the least amount of time, and I don’t want to be hassled." So then I asked her, “What does that have to do wi ...
Thursday, February 25, 2016 / by Christine Robertson
Today I’m going to talk a little bit about local market conditions here in Seattle and how it’s possible that in 2016 we could shift from a seller’s market to a buyer’s market. We have been in a steadily increasing sellers’ market for the past 6 years or so. A booming economy and historically low inventory have helped create and fuel this situation. Multiple offers are the rule in most of the Puget Sound, but I’m concerned that this could be shifting sooner rather than later. Here’s why:
As of last month, the stock market was down by 10% overall from its mid-2015 highs, and Amazon and Microsoft are both down 10% since December. Our local economy could be slowing, and the Chinese economy isn’t doing us any favors. Much of the buying here has been done by the Chinese, but if that stops, it could put additional downward pressure on prices. Falling oil pr ...