In an attempt to get ahead of looming outside forces, broker-owned multiple listing service Northwest MLS is changing its rules to allow the public display of buyer broker commissions, starting October 1.
The rule changes will allow the NWMLS’s 30,000 agent and broker members to publish the amount of commission the seller is offering a buyer’s broker on the subscribers’ websites along with other listing details.
“Making this information readily available to consumers will allow for complete transparency with regard to buyers’ broker’s compensation and provide consumers with additional information at the outset of the transaction,”
Where a lot of confusion came in was the fee paid to the Buyer’s agent. That money was traditionally always offered
If you’re preparing to sell your home, curb appeal should be a priority. When someone is walking by or coming to your open house, the outside of your home is the first thing they will see. If there is no curb appeal, potential buyers may never even set foot in your home. Instead of ignoring your home’s outdoor appearance, consider making some budget-friendly changes that can add appeal to your home without breaking the bank.
1. Landscape Your Walkway
Create a smooth transition from the street to your front door. A clear path will allow a potential buyer’s eye to look straight to your home, rather than stopping to concentrate on unkept landscaping. Clean your walkway and create groupings of mid-size shrubby and florals close to the road and
KIRKLAND, Washington (March 6, 2019) - Seattle's snowiest month in 50 years had an obvious chilling effect on February's housing activity, agreed officials with Northwest Multiple Listing Service. Statistics for last month show pending sales dropped nearly 14 percent compared to the same month a year ago.
"The winter weather brought the market to a halt," stated John Deely, principal managing broker at Coldwell Banker Bain. He said last month's series of snowstorms and frigid temperatures had a negative impact on the typical momentum that builds at the beginning of the year.
"Showing activity dropped more than 41 percent the week of the heaviest snow, and weekend keybox activity was down 80 percent," Deely reported. "The end of the month picked up
KIRKLAND, Washington (December 6, 2018) – With more plentiful inventory, recently announced increases in lending limits, and moderating prices, prospective home buyers are finding more options around Western Washington, according to industry experts from Northwest Multiple Listing Service.
Active Listings up 41%
King County inventory surging 135 percent from a year ago
Closed sales declined about 15.3 percent from twelve months ago
“Moderating interest rates over the past few weeks could provide a window of opportunity for buyers this month, even if the Fed is widely expected to raise them again in December,” said Mike Grady, president and COO of Coldwell Banker Bain.
“We are continuing to see a balancing of the market,”
In the best circumstances, selling your home isn’t something you do in a rush. It calls for planning and preparation. But if you’re like most homeowners, you probably aren’t sure exactly where to start. Try following these steps:
1: Pick a date Assuming you don’t have to get across country for a new job next month, you should first decide when you want to sell. The world is full of advice about the best and worst times to sell. All too often it’s contradictory. Do you listen to the sage advice that says “Don’t list in December – no one buys houses in December!” Or do you trust the counterargument, “But no one lists houses in December – you’ll have the market to yourself!” How about neither? Call me to help you determine which month is the best
With the popularity of home remodeling shows, homeowners across the country are anxious to take out their toolbox and remodel their home too. Most often, remodels are better suited to professionals, however, this can cost significantly more. Regardless of the method, remodeling projects are not inexpensive, so making the best impact for the cost is important. Here are the top 5 rooms to remodel in 2018.
1. Kitchen – Always a great return on investment. From functional spaces to bona fide living areas, add extra seating, lighting and entertaining spaces such as a bar or counter.
2. Backyard Kitchen/Family Room – The backyard is an extension of the interior. Section off areas for an outdoor kitchen and family
As we careen at warp speed from Thanksgiving, Christmas, and all of the joyous (read: stressful) festivities in between, you might be tempted to take your home off the market—or hold off on listing it—until after the new year. After all, you’re swamped with cooking, shopping, and decorating, and the last thing you need is a bunch of potential buyers traipsing through your house, right?
While it’s true the market is slower around the holidays, it’s also an excellent time to put your house up for sale. The market is slower mostly because fewer sellers are listing, but meanwhile buyers are sitting around with pre-approval letter in-hand just starving for inventory!
Simply put; It’s a huge, huge mistake to either remove your home
There’s no place like home, so why not make home the most beautiful and cozy place you can stay in? Let’s dive into some techniques that can help you showcase the best features of every room in your house. Just a touch of color, texture, and personality can transform your home into something new. Here’s a few tips that aren’t a lot of hassle:
ADD SOME COLOR
Going with a neutral scheme can never go wrong, but if you’re feeling like your room is a little drab, don’t be afraid to go with a bold color. You can do an accent wall that compliments the current color scheme or use your furniture or accent pieces to bring a touch of color. Color doesn’t have to mean clutter, you can keep the rest of the room simple and add the
Are you ready to sell your home and want it to have a great first impression on the market? Or maybe your home has been listed for a few weeks or months, and you can't figure out why it won't sell, and you know your agent is working hard to market it. We've listed below the top 6 reasons your home may not make a good impression and end up stagnant on the market.
1. IT'S OVERPRICED
To be clear, an overpriced home is the #1 reason a home won't sell. We often times want our homes to be worth a lot more than we may see based on the data, but if you put your home on the market for the number you wish it will bring instead of the price it actually needs to be, your home can sit on the market for months without getting a single
Want to spruce up your kitchen but stuck on a tight budget? Check out the list of improvements you can get started on for under $100. These tips can come in handy when you're ready to list your home to sell on the market.
1. REFRESH THE SINK:
If your sink is starting to look outdated, find an affordable, yet stylish, replacement. If you have the eye for DIY, you can also purchase some sandpaper and a $4 can of spray paint that is made for metal, and dye it to refresh and brighten the color.
2. HANG A NEW LIGHT FIXTURE
A decorative light fixture doesn't have to cost an arm and a leg. You can generally find some decent ones that are under $100. Go for a chrome finish or choose the rustic route, whichever suits the current