Edgewood, WA Real Estate Blog

I got a call from a homeowner yesterday.  I’d previewed her home the day before.
She was looking for feedback… searching for a reason why her home hadn’t sold in the four months it had been on the market.  She had listed her home with a limited service agency, so she was doing the showing/previewing follow [...]

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I’ve reviewed hundreds of purchase and sale agreements.
Some good, some not so good. Helping new agents was part of what I did as assistant manager at my former company. I didn’t expect new agents to be experts at drafting contracts at first. When they needed to write a clause addressing a particular [...]

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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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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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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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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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As a real estate agent I’m rarely involved with real estate gifts. But to help one of my clients, I did a little research on the matter. In Washington State you can gift real estate without incurring excise (or transfer) tax. The subject is covered in WACs > Title 458 > Chapter 458-61A > Section 458-61A-201.

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The part of negotiating I always like is when my client urges me to negotiate a particular price for a property. No problem. But then I always make sure to ask if its OK if they don’t get the house. Many times the answer is no.

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