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  • HUD Passes RESPA Reform, New GFE Coming in 2010 (37)
    • Jim G: I agree that for what the purpose of a GFE should be could have been done in 2 pages and made a lot clearer. HUD is also taking the approach that by bundling...
  • October King County Home Prices at 10/2005 Level (135)
    • ARDELL: Usually Boards do not need the owners’ approval to increase dues as needed within a certain annual increase cap. Changing the CC&Rs to add new...
    • ARDELL: sampai, Was it your concern, or the lender’s concern? I’ve never seen a lender do that, so we are quite shocked. I’ve even seen places with...
    • sampai: My issue wasn’t with the rental percentage (although that is a long term concern.) It was with the HOA dues not providing for adequate reserves. In this...
    • ARDELL: Sorry I don’t have a link to it, but I believe it is the Washington Condominium Act enacted in 1990 that provided for uniform standards of disclosure via...
  • Did the recent market shift affect Hitler too? (10)
    • Jillayne Schlicke: Leanne, Are you unaware of the many people who accurately predicted the bubble and financial devistation? I could give you a list of them if...
    • Rhonda Porter: leanne, I don’t have a problem with people not using their real names–especially our “regulars”. You get to know where...
    • leanne finlay: Kary, I was thinking no one with a REAL name and economics credentials had forecasted this devastating meltdown :-).
  • Windermere’s Web Site Strikes Back (35)
    • ARDELL: Robbie, That’s how our tax link works. It shows the max with no warning, but as soon as I see the max number, I know the odds of the search equalling the...
    • Robbie: Matt, Ironically, I feel the exact opposite. I hate having a large area search, only to be shown an empty map saying “we’re sorry there’s too...

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Tag: Seller-Information

U.S. % Change in Home Prices

This chart reminds me of the crash in real estate prices in the late sixties when REIT (real estate investment trust) stock prices dropped to pretty much worthless.  I was still in high school, but the Courts got involved in the loss of value in trust portfolios, so I was looking at those in 1974 [...]

Warning to Thurston County agents - and this goes for FSBO folks too…

February 25, 2008. The NWMLS has received information (Thurston County area) concerning a male individual who looked at homes with an agent — all of the information he provided about himself and his employment was false. He claims to be a buyer’s consultant with the Federal Government, a PhD in Physics, his wife a professor [...]

Trying to Force the Seller’s Hand

If you are playing the game of “trying to force the seller’s hand”, you have to know how to play it right. It is not easy to force a seller to…anything. Regardless of who is right and who is wrong, if you can say there is a right and wrong to the [...]

Back to Basics

Yes, you can prevent the bubble from bursting. Yes, you can prevent home prices from tumbling. The market takes a hit when sellers refuse to see the handwriting on the wall, and are too arrogant and complacent to compensate for market weaknesses.
The Seattle area is almost entirely unigue in its ability to sustain [...]

Agents and Consumers - A Perplexing Business Model

Seems to me that misinformation fuels many of the conversations regarding relationships between agents and consumers in today’s real estate marketplace. So let’s take a crack at one of Craig’s comments in #48 of Dustin’s post.
“If the mls were “open” - i.e. anyone could list - then agents will have an even harder time [...]

“Man in the Bushes” Listing

This article is in response to a reader’s request yesterday, that I describe what a “man in the bushes” listing means.
Over the years, I have used the term “man in the bushes” most often in response to the question, “Can I sell my home myself as a For Sale by Owner”. If they are [...]

Marketing my Home on the Internet

While my opinion that a good real estate blogger does not include their listings on their blog is well documented and much debated, there is always room for an exception… and marketing my OWN home is one of those!
Essentially, we have about two weeks left before we put it on the market. We’re just [...]

Negotiating the Offer Part 2 - The “Contingent” Seller

The “Contingent” seller knows exactly where he is going if and when his house sells. He is stuck at the starting gate until he gets an acceptable offer on his home. Every day he faces the possibility that someone else will come along and snatch his new home from him; someone who can [...]

Negotiating The Offer Part 1 - The “Homeless” Seller

It is a popular perception that every seller wants top dollar as their primary objective.  In my experience that is not always true, and in fact is often not true at all, at the time the offer is being presented.  Let’s take a step back first to see where the perception comes from. 
When a seller [...]

Should you have an Open House?

I just sold another house from an Open House this weekend, and am reminded of all of the articles about how Open Houses do not sell houses. Sometimes I think the articles are sponsored by agents who don’t want to spend their Sundays working
I have changed a few things that I do [...]