Edgewood, WA Real Estate Blog

Musings, Resources, and Other Ramblings about real estate and home sales from the Real Estate Broker in Edgewood, Washington

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Entries from August 2007

Updated Housing Stats for Edgewood WA and surrounding cities

August 7th, 2007 by Lee Mason, The Masters Realty Group LLC ;
No Comments

Statistics for July for Edgewood and surrounding cities have just been updated.

Number of Active listings: King & Pierce County
Number of Active listings: Edgewood, Milton, Sumner, NE Tacoma, & Federal Way WA

Number of Sold listings: King & Pierce Count, WA
Number of Sold listings: Edgewood, Milton, Sumner, NE Tacoma & Federal Way WA

Average days on market: [...]

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Tags: Buyers · Edgewood · Federal Way · Fife · Milton · NE Tacoma · Real Estate · Sellers · Sumner

Nail it down before signing closing docs.

August 2nd, 2007 by Lee Mason, The Masters Realty Group LLC ;
6 Comments

Rhonda Porter wrote another excellent post on her blog The Mortgage Porter regarding what a buyer should do before closing. Although written from a buyer’s perspective (as Rhonda is a mortgage broker), it’s also sage advice for sellers.
My biggest problem as an agent is getting a transaction to close on time, as scheduled. To [...]

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Tags: Buyers · Mortgages · Real Estate

$500 Discount Brokerage – worth the price?

August 2nd, 2007 by Lee Mason, The Masters Realty Group LLC ;
3 Comments

I made the following comments to a post in the Tacoma News Tribune regarding a new discount brokerage service.
Suggesting “the listing agent is useless in real estate” sheds a lot of light on the value of the services Mr. Pepper feels he provides.
As far as competition, the more the merrier – of all business [...]

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Tags: Real Estate · Sellers

Open Houses: Are they effective?

August 1st, 2007 by Lee Mason, The Masters Realty Group LLC ;
1 Comment

I recently posted this comment to a Tacoma News Tribune blog post regarding the effectiveness of open houses.

Open houses are generally held to satisfy seller’s expectations. Many sellers have been “sold” on open houses by prospective listing agents during their marketing presentation.

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Tags: Buyers · RE Marketing · Sellers

Neighborhood review and the NWMLS inspection contingency

August 1st, 2007 by Lee Mason, The Masters Realty Group LLC ;
No Comments

I was recently reading a blog post in a local Tacoma newspaper. I was surprised at the inaccuracy it contained. The question had to do with a neighborhood review contingency and referenced Northwest Multiple Listing Service purchase and sale agreement forms.
They had their facts wrong. It would have been helpful to talk with someone familiar with the forms referenced prior to their posting.

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Tags: Buyers · Negotiating · Real Estate · Sellers