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After last week’s post we had several great comments. I’ll address one from “B” here, which really went to the heart of why this change is being made…. That being that the public in general really doesn’t understand who pay’s buyer’s agents’ commissions and how they affect the over-all purchase price of a home.

B Day wrote: Why would a salesman list or try and sell a house with no commission? If a person can sell it by their selves, I say let them but to not have a set commission across the board seems pretty self-defeating.

SEE: Conversations On Real Estate Commissions Part 1

  • Cary W Porter wrote: Thanks for the question…. It really gets to the heart of why the change was made and the surrounding confusion on real estate commissions.

    …

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  • New listings dropped nearly 13% system-wide and 18.5% in King County.
  • Pending sales rose nearly 6.6% in the Puget Sound region
  • June and July were also lackluster this year with regard to listings

KIRKLAND, Washington (September 9, 2019) – Depleted inventory continues to frustrate would-be buyers in Western Washington. Many of these potential homeowners are expanding their search beyond the major job centers in King County, according to market watchers who commented on the latest statistics from Northwest Multiple Listing Service.

The MLS report summarizing August activity shows less than two months of supply system-wide, and only about 1.6 months of supply in the four-county Puget Sound region. The sparse selection is pushing up…

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Welcome To The Cascade Team Margaret Howorth!

OUR LOCAL REAL ESTATE TEAM

Cascade Team Real Estate agents are proactive in serving their customers, studying the market and touring homes, so they can provide the most accurate housing market data for their clients. This helps you better understand the competitive environment, pricing strategies and provides an edge in the negotiation process.  Our goal is to always meet and exceed your expectations.  We look forward to the opportunity of working with you on your next real estate transaction.

Download The Cascade Team Mobile App for Free!

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Transparency in Commissions

Fact: Real estate brokers’ commission rates are not regulated in any state and are ALWAYS 100% negotiable.

When you decide to sell your house, if you are like most people, you will want to hire — or at least consider hiring — a real estate agent to handle the process.

Surprisingly, many people think that real estate brokerage commission rates are “set” in their area and they have to pay a specific percentage of the sales price to the agent in order to get their services. This is absolutely not the case.  In fact, you can pay whatever you and the agent have agreed upon.

What is a “Fair” amount to pay for real estate commission?

Many people hear the word “discount” company instead of a “traditional” company but…

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Transparency in Commissions

Fact: Real estate brokers’ commission rates are not regulated in any state and are ALWAYS 100% negotiable.

When you decide to sell your house, if you are like most people, you will want to hire — or at least consider hiring — a real estate agent to handle the process.

Surprisingly, many people think that real estate brokerage commission rates are “set” in their area and they have to pay a specific percentage of the sales price to the agent in order to get their services. This is absolutely not the case.  In fact, you can pay whatever you and the agent have agreed upon.

What is a “Fair” amount to pay for real estate commission?

Many people hear the word “discount” company instead of a “traditional” company but…

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Recession fears are growing, and that may prompt some Americans—who are still haunted by the last one—to get skittish about the housing market. Don’t expect another “real estate fire sale” if the economy heads into another recession, economists say.

“This is going to be a much shorter recession than the last one,” George Ratiu, senior economist with realtor.com®, notes in a recent article at the site. “I don’t think the next recession will be a repeat of 2008. … The housing market is in a better position.”

Just 2% of economists, strategists, academics, and policymakers surveyed believe a recession will occur this year, based on a survey of more than 200 members of the National Association for Business Economics. Thirty-eight percent believe a…

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Welcome To The Cascade Team Scott Doty!

OUR LOCAL REAL ESTATE TEAM

Cascade Team Real Estate agents are proactive in serving their customers, studying the market and touring homes, so they can provide the most accurate housing market data for their clients. This helps you better understand the competitive environment, pricing strategies and provides an edge in the negotiation process.  Our goal is to always meet and exceed your expectations.  We look forward to the opportunity of working with you on your next real estate transaction.

Download The Cascade Team Mobile App for Free!

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MLS director John Deely, principal managing broker at Coldwell Banker Bain in Seattle, described King County’s residential market as “balanced on a fulcrum between growth, stagnation, and decline.” New listings of single family homes (excluding condos) in King County dropped year-over-year and when compared to last month, he noted. Total active listings and pending sales both improved from a year ago, but slipped from June’s totals.

  • Median price dropped 2.7%.
  • Increased listing inventory from prior months put pressure on pricing,”
  • Home Prices declined about 2.9% from June.

 The Cascade Team Real Estate is a 2019 Neighborhood Favorite on NextDoor! 

Northwest MLS brokers report mixed activity during July, as volume of closed sales…

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We are very happy to announce that The Cascade Team Real Estate has been named the Best Real Estate Brokerage on Nextdoor for 2 years in a row! The Cascade Team can be found in 617 different neighborhoods collectively representing 133,586 Home Owners. We are very proud to be a part of the neighborhoods we represent and are very proud in the trust you place in all of our amazing agents and neighbors!

Congratulations, you're a 2019 Neighborhood Favorite! It’s official - you’re a winner and neighbors love you! Only 1% of all businesses win this award, and The Cascade Team Real Estate is one of them!

The votes have been tallied and the winners are in. We're pleased to announce the businesses Nextdoor voted as 2019's Neighborhood Favorites!

…

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2300 Jefferson Ave NE #B109, Renton, Washington

$385,000 - 3 Beds 2½ Baths 1,454 Sqft                       

Text 1491851 to 425-223-4655 or call Keenan at 425-518-9094 for more information

This home is a beautiful and secluded corner unit with three bedrooms and three bathrooms. It has a lavish open layout packed full of new appliances, hardwood floors, and ample storage space. The kitchen has tons of counter space and excellent lighting.

The home backs up to a stunning view of the greenbelt and is accompanied on the side by a large private patio. In addition to this there is a detached garage pre-fitted with shelving. The home is in a secure gated community that provides additional parking spaces, a clubhouse, and an exercise…

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