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 ...