I feel these graphs that are made up of information gathered from the Northwest MLS show exactly what is happening in your local real estate market. As you can see as inventory comes down, sales go up (Price helps too). We are up almost 200 units in August compared to the middle of summer last year.
The bottom line is the buyers are back and homes are selling. Yes it is true, home will not sell as quickly or for as much money as they did in 2005-2006, but consider where the economy was then and the types of lmortgages that were being offered. Still in this down time, the Puget Sound is rebounding quicker than other regions of the country.
This may not be the best news if you are a seller based on the average sale price graph, but if you have to sell or are wanting to buy, be assured there is activity in our local market and if you pay attention to the stastisitcs of the current market you will be successful when selling or buying your home.
FOR SALE VS. SOLD 
AVERAGE PRICE FOR SALE AND SOLD
Jim Tutton
REALTOR
Windermere/ Professional Partners
(253) 222-8595
www.JamesTutton.MyWindermere.com
So I have been working an expired plan for thepast few weeks now and have to say that I am frustrated. Not by the amount of No's I receive or rude comments. Most sellers are very polite when I call.
The frustration is that I do not understand some sellers sometime. For example, I have been talking to one seller who does not understand why his house has not been shown by other agents. Even though I usually do not mention the previous agent at all I had to share with him that his agent and company did not include photos, agent or public remarks describing the house, no Internet presence nor was it on a new listing tour, blah, blah, blah
He had already received my resume which outlines my marketing plan, referrals and number's he could call to talk to past clients. I feel I had nailed every phone call with him. What did he do... Relist with the same company that had his listing for sale twice before without a sale.
Another seller wanted professional photos, color fliers, lots of Internet marketing, phone updates once a week, all which I do with every listing I take. What did they do, hire the agent in town that does not have an Internet presence, no color fliers, and amateur photos (which took three days to get on the listing).
Sellers have got to start to understand the value that of agents bring to aid in the successful sale of their homes. Not every agent is the same and it does matter who you hire, especially if they would like to get top dollar for their home.
Providing professional Property Marketing Service to Tacoma, University Place, Fircrest, Lakewood and Milton/Edgewood home owners
Visit to mytacomahome.com, your online source for Tacoma area real estate. Your one stop to local real estate home listings and related information. In today's faced paced real estate market, timing is everything. Many good Tacoma homes are sold before they are ever advertised or held open on Sundays. Beat other home buyers to the hottest new homes for sale in Tacoma, University Place, Fircrest, and Lakewood with my New Listings Notification.
Home sellers will also find my free Online Home Evaluation an easy way to begin the selling process. You will be given a free, professionally prepared, detailed seven page report outlining the value of your home as it relates to today's real estate market and trends. This tool can be used on a yearly basis to evaluate the growth of your home's equity.
Not sure what to expect in your real estate agent, review my Three-Tier Property Marketing Plan and compare to other real estate professionals in the area. You will see why it pays to hire a REALOTR®.
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Whether you are buying or selling a home, hire a real estate professional, who wants to earn your real estate business. Ask lots of questions and get to know the REALTOR® that will represent you in buying and selling real estate. In addition, if you have any general questions about buying or selling real estate in Tacoma and the surrounding areas, please contact me as I'm more than happy to help. |
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The Right Selling Price Affects Your Bottom Line |
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When you're selling your home, the price you set is a critical factor in the return you'll receive. That's why you need a professional evaluation from an experienced realtor. This person can provide you with an honest assessment of your home, based on several factors including:
In real estate terms, market value is the price at which a particular house, in its current condition, will sell within 30 to 90 days. If the price of your home is too high, several things could happen:
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Jim Tutton
Windermere/ Professional Partners
www.mytacomahome.com
For most families, their home is their largest financial asset, and deciding to sell it is a big decision that involves a lot of preparation and work. When you're ready to sell it's important to have an experienced real estate professional handle the details involved in the successful sale of a home for top dollar.
As an experienced REALTOR who has helped many Tacoma residents sell their homes, I know how to handle every aspect of the sales process - from strategically marketing and showcasing your home to making sure everything's signed, sealed and delivered by the closing date.
Providing you with comprehensive, high-quality real estate service is my top priority. So when you decide to sell your home, please contact me and let's get started!
Receive an online Home Evaluation
Jim Tutton
Windermere
www.mytacomahome.com
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