There's almost nothing more inspiring than the light of the sun breaking through on a dark cloudy day. Yes, we live "almost" under the power lines, but it's almost impossible to have space like this in the City. Scenes like this make it all worthwhile ... those are the Cascade foothills way in the background.
This evening I began making calls to agents in preparation for Friday evening and Saturday showings.
On Monday and Tuesday this week , two GREAT houses came on the market -- one for each couple. Today I received calls from both couples asking to see these homes. Today, both houses are Pending Inspection.

Homes appealing to first time buyers -- especially those that are bank owned -- are selling in our area. And selling fast! The listing agents both reported multiple offers within hours of placing the homes on the market.
Don't wait. Please, don't let this opportunity pass. Don't let the fear of a short sale, or navigating a bank-owned home frighten you away. Let your trusted Buyer's agent help you.
This is your moment to purchase using a tax credit, banks that are often willing to help pay all or at least a large portion of your closing costs, and phenomenal prices and interest rates.
Don't make this the year you look back and say "Could'a, would'a, should'a!"
Get on it!
In the minds of the Seller, the most important question at a listing presentation is "What Would You List my House For?"It doesn't really matter that I may say, "well, it's your house and although I can give you experienced and researched suggestions, ultimately, we're going to list the house at a price you choose," the seller looks up at you with hope in their eyes that you'll name a really big number!
As market values have continued to fall here in our area, it's often difficult to help a Seller understand that what their house will sell for is less than it would have been a year, or even six months, ago. In listing presentations until very recently, I've relied on spreadsheets and comps to help lay out the numbers. I've talked about how prices in our area are just above the 2005 numbers ... and slightly lower than the 2006 numbers for pricing. And it was always a tough sell and sometimes I allowed myself to get talked up in the ultimate question of "what's it worth?" Okay, that's it. Time for pictures!
And, you know what? They worked! Did a listing presentation on Tuesday evening. Held my breath a bit when we got to the number parts because, gee whiz! My numbers were a full $75,000 below the only "looks like this house" listing in the neighborhood. And even further below those that had sold in the recent couple of months. Really kinda sad.
I laid out all the data I had in graph form. And my comps, etc. All the stats about absorption rates and days on market and all that stuff. With data from 2005 forward. And, dang! It worked. The Seller actually came up with a number lower than mine! Good grief.
The chart below illustrates that Median Sold Prices in Maple Valley through the 3rd week of March, are just above the prices in effect for the same time period in 2005 --and below those those of 2006!

Next, a quick graphical look at how long houses are staying on the market before sold.

Finally, here's an illustration of the huge gap between what's really happening, price-wise, between what's on the market and what's actually selling:

Try using charts and graphs! They worked for me!

A couple new Active Rain members!
I've had an opportunity to work with a number of incredible business people as an Ambassador to the Auburn Chamber of Commerce, here in western Washington.
Two of my new friends, Ron Copple, and Theresa Timms are experts in business networking and both are heavily involved with the Chamber and the Ambassador program. They've been inspirational resources for me so far and I'm looking forward to their perspective on insurance!
I hope you'll help me in making them welcome here at Active Rain. Let's encourage them to start posting!

ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2009 ActiveRain Corp. All Rights Reserved