Tuesday, June 05, 2018 / by Christine Andreasen
Here’s what we’re doing to help our offers stand out.
Read the post below to find out if they got the house!
Today I am standing outside a gorgeous house in Kingston where we had a pre-inspection going on for one of our buyer clients. There were two other buyers who had already done an inspection on this place and we were up next. Because of the competitive market we're facing, I thought this would be a great time to discuss what it takes to win an offer in a multiple offer situation. What are the things that you and your Realtor can do so that you have the best chance to win the offer?
1. Think like the seller and think about what they want. Obviously, they want the most money possible for their home, but that’s going to be capped at a certain amount because the home has to appraise. Aside from that, what they want to know most is that the deal is going to close. They want it to close quickly and easily.
2. Have your agent and/or lender s ...
Friday, May 18, 2018 / by Christine Andreasen
Recently, I sat down to interview a very special guest: Vashon Hub creator Lisa Work. Vashon Hub is a website designed to serve as a database of vendors, events, services here on Vashon Island. This website is a truly fantastic resource, so today I’m excited to share my interview with Lisa and enlighten you all on the story behind how this site got started. Without further ado, here are the key highlights of our conversation:
Tell me about your intentions when you started Vashon Hub.
“[After moving here] it was hard to find everything I needed. It took a lot of effort to find stuff. There are really great Facebook groups where you could find things, but it was still hard. So one day, my best friend and I were talking. We said, ‘Wouldn’t it be great if there was one place where you could find a list of everything you need in the area, and do reviews like on Yelp—but specifically for Vashon.’So I thought, ‘This is a great idea. ...
Tuesday, May 01, 2018 / by Christine Andreasen
How does an agent’s commission impact what you make off your home sale?
To answer this question, we did the math by looking at the sales results of Redfin, Faira, MLS Assist, and us here at Christine & Company for the last 12 months. Here was the average list-to-sale price ratio for each of these companies during that time:
-Christine & Company: 105% (In other words, we sold our listings for an average of 5% higher than their original sale prices)
-MLS Assist: 0%
What do these figures mean? I’ll give you an example.
Let’s say there are two brokers who each list a $500,000 house—one of these brokers works for us at Christine & Company, and one works for Redfin. Our broker has a 6% commission fee (3% for the agent and 3% for whoever refers the buyer to them) and the Redfin broker has a 4% fee.
At these commission rates, if we get 5% more than the asking price and they get 2% mor ...
Thursday, April 19, 2018 / by Christine Andreasen
Special thanks to one of my favorite lenders, Julie Jones of Caliber Home Loans for this great information
I have some very exciting news to share with you in this week’s update. Our country’s credit bureaus are rolling out new regulations that will not only help to improve your score, but will also make it easier to dispute discrepancies.
You can view these new regulations as being more lenient than past standards, or you can view them as something to even out the playing field. Whatever your opinion may be—things are changing.
The first change I’d like to mention is that government liens are no longer reported in your credit score. Lenders will likely pull a separate report to determine liens, but they will no longer be a factor in your score.
Under these new regulations, only contract-related debts can be included in your score. Fines like parking and speeding tickets, for which you never signed a contract, will no longer be included ...
Thursday, April 05, 2018 / by Christine Andreasen
Today, CrossFit trainer Josh Thorn sits down with me to discuss his gym and how he created such a great place for our community to get healthy.
I had a really exciting interview with Josh Thorn, who runs the CrossFit gym that I go to. He has built a fantastic gym here and created a great place for the community to come and work out.
Check out the video to hear our full conversation. Here are a few highlights:
1:00 Josh’s history with exercise, health, and CrossFit
3:00 Why Josh started a CrossFit gym in his own garage and how he grew his business
5:00 Josh discusses his plans for the future of his gym
7:00 Getting CrossFit certified and why Josh chose CrossFit in the first place
I would like to thank Josh for talking to me today—I’ll see him bright and early for my next workout.
As always, if you have any real estate questions, just give me a call or send me an email. I would be happy to help you!