Timm Johnson's Real Estate Blog | Olympia, WA | Real Estate Market

Inside Real Estate
Let Me Help You!
(360) 791-6333
Follow My Blog
RSS
timmjohnson
Timm Johnson
Associate Broker

    REALTOR®
    32+ Years of Experience
    Buyer and Seller Negotiator

Direct: (360) 791-6333



Company Info

Van Dorm Realty Inc.


Real Estate Tools

Schoolsschools

Communitiescommunities

Calculatorscalculators

Posts Tagged ‘Olympia Home Sellers’

It is imperative for Sellers to price right

Wednesday, April 7th, 2010

If you are too high you are hoping! Period. You will get your home what is called shop worn, Realtors are watching the market and have all the equipment at their finger tips to price a home. Realtors and buyers will bypass many homes that are just overpriced the home sits and become why’s to people, why still on the market? Is something wrong with it? Etc.

Homes sell at the right price and condition, no Guess work just a matter of fact.  So see your realtor and get an accurate value. Realtors are on a commission and the more they get you the more they make, so they want the homes to move but at the highest price possible.

Think about this as of today from our NWMLS

466 NEW HOMES CAME ON THE MARKET

360 HOME REDUCED

PENDING 228

AND SOLD 61.

Yours needs to get to pending then sold.

Good and Important Real Estate Info Continues to Pour In

Thursday, July 23rd, 2009

There are many new programs popping up or being renewed in the lending world.

Do not be fooled by ads that sound too good to be true. Check with a good lender, (we can give you a list) you will find interest rates low and programs for 1st time home buyers , gifting to kids to help with down payments, as well as Others, USDA, Washington State Bond, Conventional, FHA, 203K Streamline Loans for Purchasing, moving up, or refinancing. So Our Market is coming back Call Lets Chat.

It is a great time to buy and sell, and winter is just around the corner, (Ouch those are nasty words) but true the market will slow, down a bit like any normal year.

Sellers and their agents need to know the following, tough Love from your Realtor is hard for us to do but very necessary in a market like we are in.  Realtors are hungry for sales and afraid to lose a listing in this market. So they do not approach a seller they are working with and discuss proper pricing in the market today, or repairs, smells from animals, housekeeping, clutter, staging, etc.  Having listings that are not selling is costly for the agent and the seller, make sure your seller understands the numbers that it will take to sell the property.

If you have no equity and cannot pay the costs to sell, a hard decision must be made by the seller and agent. Should you sell?

If you are not getting showings or offers there is a reason, items above mentioned are problems that hinder offers.  Price is the biggest reason for not selling; a new analysis should be done every 7 to 10 days to see what is happening in the market place. Be a partner with your Realtor and have good communication.

View My Inventory
Market Recap

  • Avg. Sales Price: 379,000

  • Avg. Days on Market: 69

Free Market Alerts

Get local reports delivered to you

 
Ask Me a Question

Do you have questions you need Answered?

Recently Asked Questions
    market alert newsletter

    Get free market reports delivered to you. » Sign up today

    - Copyright © 2010 Inside Real Estate, LLC

    Inside Real Estate does not endorse the agents on this site, and does not guarantee the content submitted by the site's members. Blog and page entries, content, and other information contributed by agents that are members of the site are accountable to the particular agent.