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My neighbor, John, got X for his house, he told me so...

Paul Henderson, Broker, Realtor® Tacoma,Gig Harbor,DuPont,HartstenePointe: Real Estate Agent in Tacoma, WA

My neighbor, John, got X for his house, he told me so...

I had a listing appointment today and I decided to approach the price question in a different way. I often get shot down when I give my price opinion and I thought I would ask the seller what she thought her house was worth and then I would give my opinion and justify it with my data.


How refreshing it was to have the seller say, she had no idea what her house is worth and that is why I was sitting at her table. Most of the time, I am at loggerheads with the seller who has a predetermined price in mind. After all they know, or I should say, they think they know what the guy across the street got for his house or what he told them, he got. Many times they base their information on what the house was originally listed for. Not what it eventually sold for.

I have lost many a listing, when the client, I'm trying to help, tells me that the guy just next door, with a house, not as nice as his got $30,000 more than what the county records and MLS say he got. Of course that neighbor has moved on and can't be cross examined with the data. I have even called the neighbor's listing agent to verify the selling price. Most often, to my chagrin, the prospective selling client goes with another agent who buys the listing.

How do you handle, the know it all, next door neighbor that seems to have all the answers but no facts to back it up?

This post was authored by Paul Henderson ©2012, All Rights Reserved, This content may not be reproduced or reprinted (Except for ActiveRain Re-blogging) without express written permission of Paul Henderson, RE/MAX Professionals, Tacoma, WA.

ClipArt by Microsoft

Tacoma Market Report for February

03-12-12
Paul Pival
Paul Pival: Real Estate Agent in Tacoma, WA

February Closed Transactions

Market report for North Tacoma and University Place.

Activity during February this year was 33% higher than last year's February.

The average sale price was eight percent lower. This year homes took 11 days longer to close.

Sellers accepted 13% less than their original listing price.

If you'd like the selling details of the home that sold in your neighborhood, just ask.

Tacoma Market Report for January

03-02-12
Paul Pival
Paul Pival: Real Estate Agent in Tacoma, WA


January Closed Transactions

Activity during January this year was 11% higher than last year's January.

The average sale price was seven percent lower. This year homes took three weeks longer to close.

Sellers accepted 15% less than their original listing price.

If you'd like the selling details of the home that sold in your neighborhood, just ask.

Call your agent, broker or me now!

Paul Henderson, Broker, Realtor® Tacoma,Gig Harbor,DuPont,HartstenePointe: Real Estate Agent in Tacoma, WA

Paul Henderson. ©2012, All Rights Reserved,

It's snowing outside but my iPhone just keeps on ringing.

Some people are calling it SNOWmageddon but I believe it's a great day to work out of my home office. People are staying home due to the snowfall and what a great time to get, through the magic of technology, on those computers and search for homes.

Remember people, you don't have to go out to look at houses or condos anymore. We can come right into your living room and through pictures and virtual tours show you our inventories. When the snow will melt and we can go look at your favorites in person...

Qualified and knowledgeable agents and brokers are standing by to help you!

Call your agent or broker or me now!

This post was authored and photo taken by Paul Henderson ©2012, All Rights Reserved, This content may not be reproduced or reprinted (Except for ActiveRain Re-blogging) without express written permission of Paul Henderson, RE/MAX Professionals, Tacoma, WA.

Tacoma market activity up in August

09-01-11
Paul Pival
Paul Pival: Real Estate Agent in Tacoma, WA

Closed Transactions for August


Here are last month's statistics for North Tacoma, including downtown and University Place.

Activity spiked last month. 36% more homes closed in August this year than during August last year, and they closed 30 days sooner.

The average sale was down 21% from the same month a year ago. Sellers accepted about 12% less than their original asking price.

Tacoma continues to be a buyers' market, but the trend is moving toward neutral.

Currently 745 single family residences are on the market, three fewer than last month. Listing prices range from $37,000 to $7M. Half the inventory is below the median listing price of $190,000.

If you'd like the selling details of the home that closed in your neighborhood, just ask. I'll email you the information.