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Showing posts with the label realestate

Strategies for Winning: Escalation Clauses

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  Strategies for Winning: Escalation Clauses In the upside down world of competitive real estate, both buyers and their agents inevitably need to consider numerous strategies when submitting an offer for a home. And since we are in an extended sellers market with low inventory, it’s important to consider using every tool in your toolbox when needed.  If you’re thinking about buying a home in Washington, our state offers the ability for buyers to escalate their offer over another buyers offer. Not every state allows it, so I’ll go into the finer details of its used and why it’s often a game changer for many buyers.  Countless times throughout my real estate career, I have sat with buyers after looking at a home they’re considering an offer for. There are strategies beyond just offering a high number. Sometimes there are multiple buyers submitting offers for the same home, and you want to know what it takes to be the winning offer, and escalations play a significant r...

Washington - Where the Grass Really Is Greener - Relocation Part I

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Relocating to Washington From Las Vegas - Part I   Moving from Las Vegas to Washington State more than 5 years ago, was a monumental task that I didn’t fully anticipate being as challenging as it was. On top of the move, COVID-19 began raging shortly after I relocated and created layers of complications beyond just social distancing.    As a full-time licensed real estate broker, connecting with people and generating business from conversations is a primary source of lead generation. Coming from Las Vegas where I had lived the majority of my life, the adjustment to a new city, culture and geography took time. I didn’t know my way around. I didn’t know anyone and the pandemic ensured it would be even a bigger mountain to climb than I’d anticipated. As a newcomer from the desert southwest, I’ll share some of my key learnings and how I have navigated the change from Nevada to Washington. And for the record, I’m so glad I made the move, but it doesn’t mean there aren’t things...
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  Why Buying Real Estate Today Still Makes Sense Real estate has been a topic of conversation on most people’s minds the last several years. From the Great Recession of 2009, through the years of post-recession stagnation and the decreasing volume of new construction, to the pandemic and seismic shift in real estate, causing prices to skyrocket, we have seen many markets in a relatively short period of time. Without those previous markets, we would not be where we are today. Supply Shortages Driving Price Appreciation : Many regions are facing a shortage of available housing units relative to the growing demand for housing. Rapid population growth, urbanization trends, and limited land availability exacerbate this supply shortage. As a result, property prices are on an upward trajectory, presenting opportunities for investors to capitalize on potential capital appreciation. As homeowners committed to historically low interest rates through the end of 2021, even through the extremes...