There’s more to it than location, bedrooms, and square footage
How is this only $825K in Sacramento? You'll have to look at the photos to understand. It'll take a special buyer! Photo gallery
New Feature: Transaction Checklists
Announcing a brand new feature in our Property Concierge product: Transaction Checklists! Once you've got an offer accepted--whether you're representing the buyer or the seller--you've got a lengthy list of tasks that have to be completed for the deal to close...from inspections to signoffs to opening of escrow to sending a personal thank-you to your [...]
Client Spotlight: Hoem Property Group – Homes by Hoems
Chris and Julie Hoem had been successful residential real estate agents, but were with a brokerage firm that catered solely to the luxury end of the market; i.e. $1M+ homes. As a result, they were missing a lot of mid-market listings ($500k - $1M), not to mention all entry-level ones. Faced with a brokerage change [...]
Vendor Spotlight: Saechao Videography
Real Estate Media Essentials Over the past year, home sellers and their agents have had the upper hand in residential real estate transactions. High demand and low inventory, historically-low interest rates, and a flood of migratory buyers have contributed to a buying frenzy. In fact, many properties have sold without capital improvements made (i.e. new [...]
Save Your Text Messages, Export, and Print
In Washington state, all Realtors should be retaining and storing their text messages as material correspondence in the transaction file. In a recent court case, the court ruled that what was said in a text message between two realtors created a legally binding contract. Whether your state requires it yet or not, it's a good [...]
3D Tours and the Metaverse
We hear lots of talk about the Metaverse--but it's more than just a buzzword, and more than just games. According to this article in Cascade Business News, Real estates sales in the metaverse topped $500 million last year and could double this year. Why would anyone want to own virtual real estate? You can't actually [...]
Webtech Table Stakes for Selling a House
Many markets, including Central Oregon, are seeing a shortage of inventory...but no shortage of buyers. And that means plenty of offers on each listing. The chart from Realtor.com, above, shows nearly 19% drop in active listings nationally vs. March of last year. Part of the pressure causing prices to spike is short-term rentals. A real [...]
Dress It Up….Or Sell it As-Is?
Today's real estate market remains red-hot, despite significant recent increases in interest rates. As Coldwell Banker CEO M. Ryan Gorman points out in the video below, across the board we're seeing multiple offers on most homes, and...importantly...many of those buyers are all cash. If you don't need financing, who cares what the interest rate is? [...]
Bend, OR Real Estate Market: Bubble or Not?
CoreLogic offers some good insight on the housing market nationally this week, and pinpoints a number of areas in the country where they feel properties are currently significantly overvalued--including Bend, Oregon. They're predicting price declines in those areas. While I wouldn't agree that price declines are likely here in Bend in the near future, it's [...]
Market Analysis from Altos Research
Mike Simonsen delivers a very insightful analysis of the current real estate market nationally in this video. Interesting takeaway: the uptick in mortgage rates does NOT appear to have cooled the market--plenty of buyers (too many!) and house prices continue to rise.