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Seattle Real Estate • July 12, 2014

North Beach Seattle WA Home for Sale Open Saturday and Sunday 1PM-4PM

by Steve Hill and Sandra Brenner

It's a spring fling all year ‘round! Lush territorial views greet you from nearly every room. This home sits high above the street and enjoys privacy and an abundance of natural light throughout the day.

The main level features formal living spaces with fireplace and dining room with French doors to the sunny entertainment sized patio. Informal family room off of the kitchen provides a natural gathering spot. Master suite with bath and fireplace will be a welcome retreat at the end of the day.

For a private showing of this home, give us a call, text or email!

-Steve and Sandra

Steve Hill and Sandra Brenner
SEATTLE-NORTHWEST
Windermere Real Estate

 

https://www.youtube.com/watch?v=Q6ge0DGql6I&list=UUgbGk5H6RUmI_mAuQf2T-ZA

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Seattle WA Real Estate • July 12, 2014

The Highlands Real Estate Seattle WA is a Buyer’s Market

by Steve Hill and Sandra Brenner

Check out the real estate statistics below for The Highlands neighborhood in Seattla WA. If you are considering a home purchase or sale, give us a call, text or email. We would love to work for you!

-Steve and Sandra

Steve Hill and Sandra Brenner
SEATTLE-NORTHWEST
Windermere Real Estate

 
 
 

http://myreport.trendgraphix.com/Post2Web.aspx?Id=bd0b15e2-e37c-45a8-88eb-b22bcedbb8e4

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Seattle WA Real Estate and Homes for Sale Freddie Mac: 2015 Home Sales to Hit 2007 Levels According to Freddie Mac’s latest U.S. Economic & Housing Market Outlook, U.S. home sales in 2015 will show increase to the numbers associated with a normal real estate market. Here is their projection: “We are projecting a 4 percent rise in sales to 5.6 million, which would mark the highest level of annual sales since […]
Seattle WA Real Estate and Homes for Sale 8 Home Projects Perfect for Holiday Downtime by Laura Gaskill Houzz Contributor 1. Clean up your digital life. The end of the year is a good time to edit digital photo files — you get to reminisce over the past year and create room on your hard drive for the year to come. Delete the fuzzy, out-of-focus and unflattering shots right away, […]
Seattle Real Estate • July 12, 2014

Just Listed :: Innis Arden :: Open Saturday and Sunday 1PM-4PM

by Steve Hill and Sandra Brenner

17206 12th Ave NW
Shoreline 98177-3829
MLS 663667

Warm and inviting with an attitude of casual elegance. Classic Innis Arden mid-century design perfectly perched for breathtaking views of mountain and Sound. Seamless floor plan is intended for entertaining. Masterfully designed kitchen connects to family room and soothing garden vistas. Master suite with bath opens to calming saltwater views. Private back yard and patio overlooks a canvas of gardens and groomed lawns. Possibilities to build up and out; or just move in, it’s done.

For a private showing of this home, give us a call, text or email.

-Steve and Sandra

Steve Hill and Sandra Brenner
SEATTLE-NORTHWEST
Windermere Real Estate

 

https://www.youtube.com/watch?v=coFOw-Ief5E&index=2&list=UUgbGk5H6RUmI_mAuQf2T-ZA

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Seattle Real Estate • July 9, 2014

10 Tips For Selling Your Seattle Home Fast

by Steve Hill and Sandra Brenner

1. Don’t Make It “Taste-Specific” • That fluorescent green paint in the living room may look good to you, but is likely an eyesore to prospective buyers • Unless you plan to keep your house forever, any improvements or renovations should be pretty “standard” work • Unusual colors, features, or finishes can be a big turn-off to buyers.

2. Stage your house • It’s completely understandable if your house has lots of stuff in it – after all, you’ve been living in it! • However, too much stuff or personalization makes your home look smaller and leaves buyers wondering if it’s enough space.

3. De-personalize • Take down those family photos, diplomas, and other personal items on display • You want the prospective buyers to picture themselves living there, not you • Consider replacing photos with neutral artwork or a half- empty bookshelf.

4. First impressions • Regardless of how nice your home is on the inside, the exterior is what buyers see first • An unkempt yard, dirty siding, or cracked concrete can set a negative tone for the showing.

5. Offer freebies • A home warranty should cost between $300 and $400 for the typical home and goes a long way toward offering buyers peace of mind • An offer to pay closing costs can lure in buyers without lots of cash, like those using FHA loans.

6. Empty those closets! • By packing half the stuff in your closets, it creates a sense of much more space • If your closets are packed full of clothes, like in the photo, buyers will have a tough time picturing their things fitting in the house.

7. Let there be light! • A bright house just looks more inviting to buyers • To increase the light in your home, you can – Remove drapes and window shades – Clean your windows – Increase the wattage of light bulbs – Trim trees and bushes near windows.

8. Be flexible • Don’t be too strict when it comes to showings • Buyers don’t want to be limited to small time windows, such as between 1 and 4 on weekends • Even if it’s inconvenient, go out of your way to accommodate requests for showings • A good rule of thumb is to always keep your house in showable condition when trying to sell.

9. Be realistic about the price • Know what other comparable homes in the area have sold for (not just their listing prices) • Remember, it doesn’t matter what you think your home is worth • If your home has been on the market for over 3 months without any offers, chances are it’s priced to high, or something else is turning buyers off.

10. Defer to the experts • Your real estate agent knows the market better than you do • Not only is the agent’s market knowledge useful, but they are a third party with no emotional investment in the process • If your real estate agent asks you to do something, it’s most likely a good idea.

If you are considering selling your Seattle area home, give us a call, text or email. Let us show you how to prepare your home for sale to get it sold quickly and for top dollar. After all, we are the local real estate experts!

-Steve and Sandra

Steve Hill and Sandra Brenner
SEATTLE-NORTHWEST
Windermere Real Estate

 

http://www.slideshare.net/TheMotleyFool/10-tips-for-selling-your-home-fast?ref=http%3A%2F%2Fwww.slideshare.net%2Ffeatured%2Fcategory%2Freal-estate#btnNext

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Seattle Real Estate • July 8, 2014

Thinking of Selling? New Construction Will Soon Be New Competition

by Steve Hill and Sandra Brenner
For the last several years, home sellers had to compete with huge inventories of distressed properties (foreclosures and short sales). The great news is that the supply of these properties is falling like a rock in the vast majority of housing markets. Many homeowners are now thinking of selling as the impact of this substantially discounted competition has disappeared.
However, every seller of an existing residential property must realize that there is a new form of competition about to hit the market: newly constructed homes.
As the economy improves, builders will again be bringing their housing developments to the market. Trulia recently reported that the purchaser, given a choice, actually prefers new construction. Here are two charts showing the results of the Trulia survey:

Bottom Line
If you are thinking of selling, perhaps you should do it now to avoid the additional competition that will come to the market later this year. Give us a cal, text or email to find out what your Seattle home is worth in Seattle's competitive real estate market.
-Steve and Sandra



Steve Hill and Sandra Brenner

SEATTLE-NORTHWEST

Windermere Real Estate

206-769-9577

stevehill@windermere.com

BrennerHill.com

BrennerHillReviews.com

 

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Seattle Real Estate • July 7, 2014

“Moving Up: Was it Worth Waiting?” and more

by Steve Hill and Sandra Brenner
New reports are revealing that the number of months’ inventory of existing homes available for sale is increasing. Some of these sellers are moving up, some are downsizing and others are making a lateral move.
There is no way for us to predict the future but we can look at what happened over the last year. Let’s look at buyers that considered moving up last year but decided to wait instead.
Assume, last year, they had a home worth $300,000 and were looking at a home for $450,000 (putting 10% down they would get a mortgage of $405,000). By waiting, their house appreciated by approximately 10% over the last year (national average based on the Case Shiller Pricing Index). Their home would now be worth $330,000. But, the $450,000 home would now be worth $495,000 (requiring a mortgage of $420,000 assuming the original $45,000 down plus the additional $30,000 from the sale of their home).
Here is a table showing what the difference in monthly cost (principal and interest) would be if a purchaser had waited:
3 dollars and 27 cents. Was it worth waiting a year to move up to the home of your dreams? Only you can answer that question.

Moving Up?
If your family plans on moving up in the next twelve months, it may make sense to move now rather than later. Prices are definitely still appreciating and, unlike the last year, interest rates are also projected to increase. Give us a call, text or email and let us help you make the move up!

-Steve and Sandra

Steve Hill and Sandra Brenner
SEATTLE-NORTHWEST
Windermere Real Estate

 

 

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Seattle Real Estate • July 6, 2014

Redfin accused of misclassifying employees as independent contractors

by Steve Hill and Sandra Brenner

Seattle-based online real estate brokerage Redfin has been hit with a class-action lawsuit alleging the firm misclassified employees as independent contractors in order to avoid having to pay minimum and overtime wages, payroll taxes and other business-related expenses. Read on HERE.

http://www.inman.com/2014/02/12/redfin-accused-of-misclassifying-employees-as-independent-contractors/

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Seattle Real Estate • July 6, 2014

Why Warren Buffet does not reproduce the REDFIN model

by Steve Hill and Sandra Brenner

by Wildrosebeef, Wiki.Answers.com

Redfin agents are paid via a salary and bonus structure. The company states that the benifits and expenses they cover total 44K per year although they inflate many of those costs and do not take into account that most of those fees might not be paid by individual agents (such as 10K in marketing) and that they are tax deductible on an individuals tax returns as business expenses. In addition the bonus structures are set at .003% of the sales price. In a typical transaction of a 300K house the gross broker commission would be 15K; in the Redfin model the bonus would be $900 to the agent.

Redfin gives 1% back to the client and keeps 1.97% for themselves! In other words, as a Redfin Agent you have to close 17 Redfin sales @ 300K to equal 1 – 300K sale in the traditional model. Furthermore they do NOT hire experienced agents or agents with entrepenuarial experience as they know that they will ultimately leave! They tend to find agents with little to no experience with the salary mentality. If you look at the pictures of the agents online you will note that they are all depicted wearing gray shirts loosely fitted and laid back as they want to attract that certain client model that they believe will garner they greatest return without sharing it with the agents in their down line. The area manger in the SE region is a former Best Buy manager and his team members wreak of inexperience. Most have less than 3 years of experience in the industry and come from backgrounds that do NOT make them in anyway experts in the field. In other words to make under 100K as a Redfin agent you have to produce 15MM in closed sales for Redfin!! This creates earnings for the company 295.5K and the agent receivess 45K in bonuses plus the 20K salary. Obviously if this model had traction a wealthy,savy and famous investor like Warren Buffet would be looking to replicate the model but instead haschosen to pursue the norm in the industry and is purchaing traditional brokerages like Prudential and rebranding them as Berkshire Hathaway Real Estate.

I believe that over time the traditional brokerages can and will adopt similar discount commision modeling where necessary and Redfin will eventually go the way of other internet failures like my space, freindster, etc… The team concept in Real Estate is now becoming more acceptable and the norm. If you google the company sites such as Glass Door has numerous comments from current and former agents attributing to the culture, bias, and inconsistencies in the corporate shenanigans and the fact that as the company grows the cracks are surfacing. One agent clearly states its a "churn and burn company" and their overall rating is a pitiful 3.3! They plan to someday go public and with a recent 50MM infusion last year are growing in many markets so that the company insiders can cash out big time!! In summary work for Redfin sell 15MM in Real Estate and earn 75-85K. You can chose to work in traditional Real Estate firm and sell 15MM dollars in the field and earn $450K (before brokerage split). If you want to earn 75-85K in the traditional market all you need to close 3MM (10-300K homes) per year so you do 5 times less business and make the same income.

The recent stabilization of the market predicts growth in the field in the coming years so to work for a salary you limit your income and work much more for muc less! Based on the revelations choese wisely!

 

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Seattle Real Estate • July 6, 2014

Phinney Ridge Seattle WA Home for Sale :: Open Sunday 1PM-4PM

by Steve Hill and Sandra Brenner

7222 2nd Ave NW
Seattle 98117-4803
MLS 643420

This outstanding contemporary craftsman home is situated in Seattle’s vibrant Phinney Ridge neighborhood. You will love the central location with easy access to downtown, U-District and major commuting routes. The home was completely remodeled in 2002 for today’s lifestyles. The open and inviting main level features gracious living spaces, dramatic high ceilings and warm cherry wood floors. You will love entertaining friends in the beautiful kitchen with easy access to the entertainment patio.

For a private showing of this or any Seattle Metro home for sale, give us a call. text or emai. We would love to work for you!

-Steve and Sandra

 

Steve Hill and Sandra Brenner
SEATTLE-NORTHWEST
Windermere Real Estate

 

 

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Seattle Real Estate • July 5, 2014

Seattle WA North Beach Real Estate Statistics

by Steve Hill and Sandra Brenner

Seattle's North Beach neighborhood continues to be a seller's market with just two months of inventory. If you are curious what your Seattle area home might be worth, give us a call, text or email. We are ready to get to work for you!

See more Seattle real estate statistics right HERE!

-Steve and Sandra

 

http://brennerhill.withwre.com/north-beach-real-estate-statistics/

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