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Every Door Real Estate Blog

Monday, August 20, 2018   /   by Lindsey Gudger

What Kinds of Opportunities Do Buyers Have in the Seattle Market?

 
Selling a home? Get a free home value report
Buying a home? Search all homes for sale

Today we’re going to talk about the changes that we’ve seen over the last 60 days or so in the Greater Seattle real estate market.


You may have heard about this already, but the market has changed a little bit. The sky is not falling and this is not the end of Seattle real estate— we’ve just got a little bit more inventory to work with.


This has actually created an opportunity for buyers. The last few years have been very difficult for homebuyers. Now is a time for buyers to take control, get some leverage, and get into homes with less money out of pocket than they have been able to get away with in the last few years.


In fact, in the last three weeks, we have had more sellers cover our buyer’s closing costs than we have in the last year combined. If you are in the market to buy a home, now is the perfect time to do so. If you&rsquo ...

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  real estate, seattle, washington

Monday, August 6, 2018   /   by Lindsey Gudger

NEVER Hire A Realtor Before Asking These 3 Questions

Selling a home? Get a free home value report
Buying a home? Search all homes for sale


In our line of work, we talk to many buyers and sellers who tell us they already have agents they’re working with. In reply, we ask how many agents they interviewed before picking the one they have. Nine times out of 10, the answer is none.
Buying and/or selling a house is a really big deal; it’s not as simple as using any person who has a real estate license to help you do it. It’s important to find out if you’re working with the right person because it can cost you a lot of time and money if you’re not using a professional agent—about 80% of all real estate agents only close about five to six homes per year. That’s abysmal. You wouldn’t want an agent with that record handling what could be the biggest asset you’ll ever own.
There are three critical questions to ask when you’re interviewing agents for your transaction: ...

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Friday, July 20, 2018   /   by Lindsey Gudger

Would You Hire the Cheapest Service to Sell Your Largest Asset?

Selling a home? Get a free home value report
Buying a home? Search all homes for sale





There is a perception around Seattle right now that the market is super hot and anything will sell, so why pony up for a full-service brokerage?

Consider this: Last year, 1,600 homeowners put their homes up for sale and failed to sell in the hottest market in the country. That's a huge inconvenience for those home sellers, who both lost money and now face an uncertain future.


Based on what we found, more of those failures were tied to discount brokers as opposed to traditional brokers. Since your home is your biggest asset, it is not the place to skimp on the professional you hire to sell it. For this reason, we decided to cover three things that you should consider when you are looking at a discount brokerage.

1. If you do not pay, they cannot market. If you are paying 1/3 of the industry norm for commission, that money is going to go to the brokerage and paying its people ...

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Friday, June 22, 2018   /   by Lindsey Gudger

Why You Should Take Automated Home Values With a Grain of Salt

Selling a home? Get a free home value report
Buying a home? Search all homes for sale



Today we’re back with a bit of a controversial topic in the real estate world: the automated home valuation. Websites like Zillow and Redfin have tools that allow you to get an instant value of your home. Should these algorithm-based estimates be trusted?


We get questions about these estimates all the time. While these tools can be handy at giving you a rough estimate, there are some issues that you should be aware of so that you can interpret this data properly. We actually spent over a decade working at Zillow and dealing with Zestimates, so there’s arguably nobody that understands how to deal with them better than we do.

The first thing that’s important to remember is that none of these websites have ever been to your home. That means they don’t have all the information. The condition of your home is absolutely critical to its value, as is its location. ...

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Wednesday, May 9, 2018   /   by Lindsey Gudger

Terms vs. Price: Which Is More Important in an Offer?

Selling a home? Get a free home value report
Buying a home? Search all homes for sale




Just this week, our team has put three homes under contract and, believe it or not, the offers we submitted weren’t the highest the sellers received. This just goes to show that price isn’t everything. Terms also play a major role in an offer’s success.


In this market, it isn’t about price, but the risk to the seller. Sellers want to feel secure in knowing an offer will hold up and the transaction will be able to proceed smoothly.


One of the offers we submitted on behalf of a client recently won out as a result of its terms. There were six offers on the table, including one $20,000 higher than ours. But the seller was willing to overlook the difference in price because our offer lacked an inspection contingency. Given that the home wasn’t in the best shape, this presented a major benefit to them.


The seller in this situation understood tha ...

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