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 Tagged as 'Real Estate'

Updated Real Estate Statistics for Edgewood, Milton, Fife, NE Tacoma and Federal Way, WA – November 2007

December 7th, 2007 by Lee Mason, The Masters Realty Group LLC ;
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Statistics for August for Edgewood and surrounding cities have just been updated.

Number of Active listings: King & Pierce County WA

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

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

Average days on market: [...]

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Tags: Edgewood · Federal Way · Fife · Milton · NE Tacoma · Puyallup · Real Estate

Real Estate Negotiations Part 1: Considering Impacts of the Rule of Reciprocity

October 17th, 2007 by Lee Mason, The Masters Realty Group LLC ;
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Notwithstanding their role in marketing, if you look below the surface, you’ll find the principles described by Cialdini ubiquitously at work in everyday residential real estate negotiations. Thoroughly understanding their impact can readily ratchet up your success at the bargaining table. In addition, you’ll benefit by learning to write better advertising copy.

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Tags: Negotiating · Real Estate

Federal Way Condo Market Statistics – September 2007

October 16th, 2007 by Lee Mason, The Masters Realty Group LLC ;
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As part of my review of the Federal Way Condo market activity for a buyer client I compiled the following recent statistics. The data is for NWMLS area 110 which includes King County roughly west of I-5.
As you can see, new listings continue to come onto the market as the number of sales [...]

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Tags: Condominiums · Federal Way · Real Estate

Home Inspection a Must for New Home Purchase

October 9th, 2007 by Lee Mason, The Masters Realty Group LLC ;
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Phil over at the Boise Real Estate Blog posted further evidence of why a home inspection, even for a new home is necessary.
As I’ve mentioned before, this is even more of a requirement in todays market for the reasons posted here.

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Tags: Buyers · Home inspection · Real Estate

Updated Residential Real Estate Statistics for Edgewood and Surrounding Cities, September 2007

October 8th, 2007 by Lee Mason, The Masters Realty Group LLC ;
No Comments

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

Number of Active listings: King & Pierce County WA

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: Edgewood · Federal Way · Fife · Milton · NE Tacoma · Puyallup · Real Estate · Sumner

Troubling Pitfalls in Real Estate Financing Contingencies

October 5th, 2007 by Lee Mason, The Masters Realty Group LLC ;
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Update:  The issue discussed in the following post will be rendered moot with new forms to be published October 15, 2007.
I made the follow comment to a post made by Jason Mook: Switching Boats Mid Stream.
This issue concerns the typical financing contingency found in most real estate contracts. In essence, the financing contingency says [...]

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Tags: Buyers · Contracts · Lending · Real Estate · Sellers

Selecting A Real Estate Agent May Not be as Easy as it First Appears

October 1st, 2007 by Lee Mason, The Masters Realty Group LLC ;
3 Comments

Once again I’m aghast.
I was just reading a comment(#43) to a post on deceptive radio advertising for mortgage lending on Seattle’s Rain City Guide regarding selecting an agent when I received a call from the selling agent on one of my recently closed transactions.
He said he was missing a copy of an Agency Disclosure Form [...]

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Tags: Agency · Buyers · Real Estate · Sellers

When is a Property Disclosure Form (Form 17 ) NOT required for residential real property transfers?

September 27th, 2007 by Lee Mason, The Masters Realty Group LLC ;
3 Comments

The Washington State legislature (RCW 64.06.020) requires a property disclosure form (which when using NWMLS forms is known as a Form 17) be provided by a seller for the transfer of: 1) Real property consisting of one to four dwelling units, 2) a condominium, unless the sale is subject to the public offering statement, 3) [...]

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Tags: Disclosure · Real Estate · Sellers