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A great way to preserve equity in your property when selling in a tightening real estate market is to save money on commissions and sell the property yourself. You will still want exposure to your local MLS and one option to get that exposure is a $500 Flat Fee Listing from AAA Properties . Make sure to offer any broker or agent who brings a buyer a good commission so that they have incentive to show and help sell your house. Of course if you sell it by yourself, you pay no commissions at all. |
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According to an article the other day in the Seattle Times , local home prices have decreased four months in a row and have returned to 2006 price levels. This is no surprise to me, as I believe the local market is still greatly overvalued. I think we still have a long way to go before local home values are at reasonable levels. One way that a home seller can help preserve their shrinking equity is by showing and selling their own home with a flat fee listing by AAA Properties. For $500 you get your property listed on the NWMLS (the same service used by thousands of local professionals to locate homes for their clients) for as long as you like, an electronic lock box so that those agents and/or Realtors can show your home, a nice looking yard sign and quality digital photographs. If you want to sell your property in Washington state and would like to preserve your equity, give AAA Properties a call today. 425-455-5478 or 800-441-LIST. |
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On Saturday I will be driving down to Orting, WA to install a sign and lockbox and take pictures of our first ever flat fee listing! This listing is for a brand new 3 bedroom, 2 bath home on a huge (larger than 1 acre) corner lot. Check back here for more details and pictures on Saturday. If you have a house or condo in the Seattle or San Diego areas that you are considering selling, think about using a $500 Flat Fee Listing from AAA Properties. Sell your own property and save thousands! |
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I recently came across a great blog by Mark Schwartz of Sammamish (a fellow member of REIA ), who has been a full time real estate investor since 2004. Mark's blog teaches people how to become real estate investors and how to find deals. If you have any interest in investing in real estate, I fully recommend that you read and subscribe to his blog. |
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Last night I attended the monthly Real Estate Investors Association meeting here in Bellevue. There was a very animated discussion about the Washington state law requiring anyone doing work on a property that will be sold or leased within 12 months to get a contractor license. From what I heard and understand, it is a very ridiculous law that was led by the efforts of the Master Builders Association and Electrical Contractors unions. As Dean Dretske of Keller Williams pointed out at the meeting, every single real estate professional and investor in Washington state should be furious about this and do everything we can to get this law changed. The law itself is unclear (attorneys can't even say for sure what it means) and unfair. For more info, see Dean's blog or this great post by real estate attorney Russ Calfano at RainCityGuide. |
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