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  • Every Door Real Estate Blog

    Monday, August 06, 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 09, 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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    Wednesday, April 25, 2018   /   by Lindsey Gudger

    How Has Our Market Fared So Far This Year?

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

    With spring well underway and summer coming up soon, it’s time for a look at the latest news from our market. The statistics from 2018’s first quarter are in, so let’s discuss what these figures mean for you and your real estate goals.

    Unless you’ve been living under a rock, you probably know that today’s market conditions are rough. Things are incredibly competitive and there have never been fewer homes for sale. This has led to a year-over-year appreciation rate of around 18%. And with so little inventory, we’re seeing multiple offers on nearly every listing that comes onto our market.

    What does this mean for you?

    For buyers, it means that it’s time to take action. Stop looking for a flawless home. Start looking for a property that’s a realistic match for your wants and needs, so that you too can enjoy the benefits of to ...

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