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Real estate industry

NWMLS market report for January 2013

The Northwest MLS  released sale and listing statistics for this past Janauary, last week.   Their news release confirms what I’ve been seeing hte market.  Prices are moving up and competition is stiff for good homes with good prices (meaning good condition and well priced, at or below the average $/SF).  Here is an excerpt from…

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We survived our first audit from DOL

I found out Friday that the Washington State Department of Licensing audits all new real estate brokerages their first year.  I found out because of a phone call from the auditor who was waiting outside my home/office. (Yes, we run the company out of our home. I meet clients at their office, home, at a property they are…

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King County – Eastside – August 2012 Commercial Sales Summary

The following eastside commercial property sales were reported/researched by the Commercial Brokers Association and Northwest MLS in August.  Contact me for details or for a market report for your specific area. [skype-status skype_id=”Jason.TellusRE” user_name=”Jason Hershey, Designated Broker” button_function=”Text” use_voicemail=”False” use_getskype=”False”] Property Name Property City Recorded Date Sale Price Building SF Price / SF Year Built…

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How to view properties from-out-of-state

Shopping for real estate from a distance can be a real challenge, for both the buyer and the agent. Internet listings don’t always provide an accurate picture of the property.  Some agents manage to make the property look better than the reality. And, sadly enough, some agents manage to make it look worse. More importantly,…

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Pre-auction bids and auction site fun

Thanks to some transactions for some of my investor clients, I’m developing a new expertise… handling transactions on auction sites. Twice in the past month, we’ve had offers submitted to local agents get ‘redirected’ to an auction site, Auction.com, where we put in “pre-auction bids”.  In many ways, I think the process is much easier…

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Corkin.com vs Craiglist — Who is the winner?

Like a lot of folks, I post real estate listings on Craigs List (http://seattle.craigslist.org/).  I’m the web-guy for our little team, along with being the commercial agent.  I maintain this blog, post on Facebook, LinkedIn, Twitter, etc. So, one of my partners asked me about corkin.com the other day.  Corkin had sent an email, based…

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Yes, Real Estate agents CAN work together!

When I got into the real estate business as an agent a few years ago, one of my first and greatest disappointments was with the relationships that agents have with each other.  The competition for buyers and listings and the competition in the negotiation phase of a transaction always seemed (and seems) to create a…

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