Residential real estate

Tellus Real Estate’s designated broker, Jason Hershey, approved to teach clock hour courses

People who want to teach real estate clock hour courses (classes that meet the requirements for continuing education credits for real estate agents) must be approved by the State of Washington.  The requirements for approval include attending and passing an Instructor Development course and showing that you are qualified to teach the particular subject. Jason Hershey, Designated Broker…

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Hey Mike! Guess what day it is! Nope, its not hump day!

Computing time lines in your real estate contract With Thanksgiving coming up, its a good time to review the terms of local real estate contracts as they relate to dates… at least those pre-packaged purchase and sales contracts provided by the Northwest MLS or the Commercial Brokers’ Association. Clients and even agents can be confused…

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October 2013 residential real estate statistics from NWMLS

box-margin-rt-5The Northwest MLS (NWMLS) has released statistics for October, 2013 last week. The short summary… the real estate market has put on the brakes. That seems clear. Now the question is “Why”? The possibilities include the effect of the government shutdown (undoubtedly part of it), typical seasonal slowdowns (starting slightly early), or below-normal inventories. I…

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Opposing points of view on the “Consumer Mortgage Choice Act”

As a consumer or real estate professional, you probably should have an opinion here. Lots of other folks do. I’m still undecided, but want to raise awareness. Here is a video from a local mortgage broker supporting the bill. And, to add balance, here is an article expressing an opposing view: http://www.dsnews.com/articles/crl-warns-against-consumer-mortgage-choice-act-2013-05-20 . I think…

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NWMLS market report for May 2013

The Northwest MLS (NWMLS) released, last week, the sale and listing statistics for this past May.  As most folks know, the news is no suprise . Competition among home buyers “still fierce;” rising interest rates adding to fury NWMLS, Kirkland, WA, June 5, 2013 – Well-priced homes continue to draw multiple offers and sell at a brisk pace…

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