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Tag: sellers market

A home seller’s market from the seller’s POV

A home seller’s market from the seller’s POV

It’s a seller’s market. If you haven’t sold your home recently, you might be interested to hear a bit about what that experience is like in the Seattle market these days. Once a home has been prepped for sale — which takes very little work in such a strong seller’s market — the agent and homeowner agree on a list price based on sales of comparable properties. This is easier said than done when homes are selling so quickly at…

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Multiple offers from a home seller’s POV

Multiple offers from a home seller’s POV

If you haven’t sold your home recently, you might be interested to hear a bit about what that experience is like in the current Seattle market. Once a home has been prepped for sale — which takes very little work in such a strong seller’s market — the agent and homeowner agree on a list price based on sales of comparable properties. This is easier said than done when homes are selling so quickly at ever-escalating prices. If the agent and…

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Should homesellers shun requests for pre-inspections?

Should homesellers shun requests for pre-inspections?

Now that homesellers are back in the driver’s seat, pre-inspections are re-emerging as a tactic for strengthening a buyer’s offer. This time around, however, some homeowners are refusing to allow them. What is a pre-inspection? It’s a general structural inspection of a home (usually by a professional home inspector) that takes place before the seller has accepted an offer.  This generally only happens in multi-offer situations, but those, too, are becoming commonplace again as a result of low inventory. Since…

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Bye-Bye Buyers’ Market

Bye-Bye Buyers’ Market

Is it still a buyers’ market? Not so much. Sometimes the local real estate market changes so quickly it can make your head spin! Now is one of those times. You may think I’ve been sounding like a broken record the last 6 months or so, telling you that our biggest problem in West Seattle real estate is a lack of inventory. I wasn’t kidding, and it’s still true. In January of 2012 there were 352 Active listings in West…

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