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Rich Jacobson Your Kitsap County WA Real Estate Agent

"The Art of Offering Less, Part 2" - Advice for Buyers in Kitsap County WA

In our last episode, Bill and Betty Buyer were sitting down with their trusty Agent, Realtor Ron, to draft an offer on their dream home. They had spent the past 3 weekends touring dozens of potential properties, when they finally found just the perfect place!

Lets-make-a-dealWhen it came time to discuss the offer price, Bill proudly asserted, “We’re going to offer them $50K below the Listing price, and ask them to pay closing costs too!

Pulling his jaw off the floor, Realtor Ron looked down on the MLS data-sheet for the subject property.

Their home has only been on the market for less than two weeks,” Realtor Ron stated.

Pulling up statistics for several comparable properties in the same neighborhood that had sold in the past month, Realtor Ron showed the Buyers how the property was actually priced very aggressively, below many of the most recent sales. In addition, a quick check on the County Website revealed that the home was priced just below the property tax assessed valuation as well.

But it’s a ‘Buyer’s Market,” responded Betty Buyer, “Aren’t all Sellers desperate?”

Will Realtor Ron write up the low offer? Or Will Bill and Betty Buyer realize the err of their ways? To discover the outcome to this dilemma, tune in to SOUNDBITEBLOG.

For Part One of this Series, go HERE.

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Rich Jacobson is a licensed real estate professional providing empowerment and relentless representation for his clients of residential properties and vacant land throughout all of Kitsap County WA and portions of Pierce, Mason, and Jefferson Counties. You can also find him at KitsapLife.com, SOUNDBITEBLOG, and Crabbing in the Hood.

"The Art of Offering Less" - Buyers in Kitsap County WA

1st-time-buyers-silverdale-wa-real-estate

Just about everyone enjoys finding a bargain. We love to find stuff on clearance or discover a really sweet deal!

There is this tendency when the market softens and slows down for Buyers to expect greater bargaining leverage when it comes to home sales prices.

Typically, when a market shift takes place that favors the Buyer (commonly referred to as a ‘Buyer’s Market), there is high level of inventory of homes available for purchase. At the same time, as ‘Days on Market’ increase (the number of days on average that it takes for a house to sell/close), Sellers begin to reduce or discount their listing price. Add to that the number of recent short sales and foreclosures that have occurred due to our current economic conditions, and you have the potential for finding some really excellent bargains for today’s Buyers.

So what is the effective Buyer strategy for making an offer for less than the asking price?

To discover the answer, just click on over to SOUNDBITEBLOG!

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Rich Jacobson is a licensed real estate professional providing empowerment and relentless representation for his clients of residential properties and vacant land throughout all of Kitsap County WA and portions of Pierce, Mason, and Jefferson Counties. You can also find him at KitsapLife.com, SOUNDBITEBLOG, and Crabbing in the Hood.

"Got Crab?" - Another Wordless Wednesday from the Kitsap Peninsula WA

crabbing on the Hood Canal WA

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This picture shows the day's catch of Dungeness Crab from Hood Canal WA.

Rich Jacobson is a licensed real estate professional providing empowerment and relentless representation for his clients of residential properties and vacant land throughout all of Kitsap County WA and portions of Pierce, Mason, and Jefferson Counties. You can also find him at KitsapLife.com, SOUNDBITEBLOG, and Crabbing in the Hood.

Bail-Outs, Pork Barrel, and Underpaid Educators

Okay, so I did something for the very first time the other day.

I sent a letter to an elected official. Actually, I sent it to several of our elected officials here in Washington State.

Although I have always been a very faithful voter and take that privilege quite seriously, I’ve never felt overly passionate about a particular issue enough to warrant penning any correspondence.

Until now.....

To find out what issue prompted such a response, go to SOUNDBITEBLOG.

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Rich Jacobson is a licensed real estate professional providing knowledgeable empowerment and relentless representation for his clients of residential properties and vacant land throughout all of Kitsap County WA and portions of Pierce, Mason, and Jefferson Counties. You can also find him at KitsapLife.com, SOUNDBITEBLOG, and Crabbing in the Hood.

Hood Canal Washington in April - Wordless Wednesday

hood canal wa

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This picture is from a live webcam that I have linked to my website, KitsapLife.com, and shows Hood Canal WA and the Olympic Moutain Range in the background.

Rich Jacobson is a licensed real estate professional providing empowerment and relentless representation for his clients of residential properties and vacant land throughout all of Kitsap County WA and portions of Pierce, Mason, and Jefferson Counties. You can also find him at KitsapLife.com, SOUNDBITEBLOG, and Crabbing in the Hood.