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Residential real estate

Updated rental Profit and Loss spreadsheet

The spreadsheet is updated as of 12/18/2016! One of the most popular items on our website is this Rental Profit and Loss spreadsheet. Over last few months we’ve received several questions and more than a few reports of problems and bugs. We also received a couple of requests for changes and we’ve tried to accommodate…

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Its a new year, time to check your credit report

The new year is a great time to check your credit report if you haven’t done so recently. And, there are now more free ways to track your credit than ever. Government mandated website for requesting your credit report The first way to check your credit report is one we’ve recommended for a long time.  Simply…

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NWMLS releases year end summary for 2014

The Northwest MLS has released its annual summary for 2014.  Here is a quick excerpt: Despite tight inventory, Northwest MLS brokers complete more than 77,000 sales valued at nearly $28 billion during 2014 KIRKLAND, Wash. (Jan. 22, 2015) – Members of Northwest Multiple Listing Service reported 77,276 closed sales during 2014 to outgain the prior…

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NWMLS releases year-end results for 2013

The Northwest MLS (NWMLS – http://www.nwmls.com) released year end results for 2013 recently. The NWMLS is the local residential MLS and sales are primarily single family homes and condos. It should come as no surprise the 2013 handily beat 2012 for sales, both in number of closed transaction and dollar amount.  There were 11,000+ closed transactions (a 17% increase) valued at…

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A quick overview of common real estate agency scenarios

Agency and dual agency are incredibly challenging issues in real estate. They are, I think, very hard to explain clearly. More importantly, they are areas that can be hard for some brokers to handle ethically and legally, especially when you are talking about dual agency. This can be true for the most honest and ethical…

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Tellus Real Estate partners with Rockwell Insitute for discounted real estate classes

We are excited to announce that Tellus Real Estate Solutions has become a satellite school partner with Rockwell Institute. We now offer online real estate classes are perfect for prospective real estate brokers interested in getting their real estate license, new agents that need to renew their license, experienced agents looking to obtain their managing broker’s license,…

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