Change is in the air!

I have been at my company for 3+ years and we are all excited to announce today (August 15, 2014) we are going from an EXIT franchise to a LOCAL independent office with our new name: Portland Digs! We are in the same location and all the agents are staying.

Robin_Signs

Same office, same team, new name!

Broker Open House Tour Report – For May 27, 2014

This week on Broker Tour we saw 6 new listings, 2 in Southeast and 4 in Northeast. If any of these sound like something you are looking for, give me a call!  Here’s the breakdown:

SE Taggart – Richmond neighborhood. 1938 Brick Queen Anne.  Wow, this was my *House of the Day*.  Here I am in the little 2nd story solarium. Full of unique features and many updates, this charming home boasts a 2 car garage AND a decent sized backyard. This close in, you normally only get one of those.  Asking price: $649,000

2nd floor garden nook

2nd floor garden nook

SE 34th – Richmond neighborhood. 1926 Old Portland style bungalow. 2 blocks from all that’s happening on SE Division (have you tried Lauretta Jean’s Pies?) http://laurettajean.com/ The listing says it’s a ‘future Diamond’ with 4 bedrooms and 2 baths and a single car detached garage. No worries about parking! Asking price: $449,000

NE 47th – Rose City Park neighborhood. 1926 bungalow. Grant High School  area? Check? Super cute? Check. Separate living quarters downstairs? Check. Close to Providence Portland? Check. Awesome backyard with greenhouse? Check and check!  What else do you need? This house probably has it! Asking price: $446,000

Cute greenhouse in the corner.

Cute greenhouse in the corner.

NE 52nd – Rose City Park neighborhood. 1911 Old Portland Style bungalow. This immaculate home was featured in Oregon Home magazine, features 4 bedrooms and 2 ½ baths, with a tuck under garage. You will love the brand new kitchen, fit for a chef. Easy care backyard has large deck and sport court. Asking price: $719,000

NE 58th – Rose City Park neighborhood. New construction 2014 Old Portland Style bungalow. Classic style with all the modern conveniences (like laundry upstairs, tankless water heater, chef’s kitchen). I think one of my favorite features was an open sided dining nook in the kitchen.  I love bungalows but sometimes nooks can feel claustrophobic, not this one!  Single car detached garage. Asking price: $630,000

Open back on one side of the nook really makes a difference!

Open back on one side of the nook really makes a difference!

NE 59th – Rose city Park neighborhood. 1938 English style.  Do you love leaded glass built-ins? Cove ceilings? This pretty home could be ‘the one’ for you. I loved the original tile in the bathroom, pink and black with separate tub and shower. A nice quiet street with well kept homes. Asking price: $425,000

Portland Market Report – March Highlights

The RMLS “Market Action” report for the March 2014 period has been released and even with more properties coming on the market (3,090 new listings), our inventory is still VERY low at 3.1 months.

Active Listings March 2014 - Courtesy of RMLS

Active Listings March 2014 – Courtesy of RMLS

Currently there are 5,811 active residential listings in the Portland Metro area and average Days on Market for closed sales is at 85 days. That is down 15 days from February.

The average price for the first quarter is at $322,700, that is a rise of 11.2% from first quarter of 2013.

If you would like your own copy of the complete 7 page report, just send me a message

Lockbox Activity Continues to Rise in 2014

This morning the report for January 20-26 shows a 3.4% rise in showings, up again. It’s been up every week in 2014 so far! If you are on the fence about selling, this is letting you know, there ARE lots of buyers out there looking!

week ending 1-26-14

SentriLock stats for Oregon through Jan 26 2014

 

RMLS members opened 18,658 lockboxes! Compared to last year at this time, that is up some 4,000 openings!

Home Seller Mistakes to Avoid

One of the many places I go to in order to stay current on real estate practices is Active Rain, a website of real estate professionals’ blogs. Over the years I have gleaned some very useful tidbits there. This infographic is right in line with my experience in seller real estate here in Portland, Oregon. It’s based on a survey of agents they took.

Data provided by ActiveRain.com. ActiveRain is an online community of real estate professionals who exchange best practices, write real estate blogs, and get free education from the industry and their peers.

Let’s take these one at a time, from the most common.
Overpriced homes. Our inventory right now (January 2014) in Portland, especially in the ‘close-in’ neighborhoods, is painfully low. This may sound great for sellers but if their home is overpriced, they may still not get offers. OR an educated buyer may offer full price then try to ‘get revenge’ when the inspection and repair period happens. If it’s priced right, they will likely get multiple offers in this market, then they can select the strongest one.

Showing availability. If buyers can’t see it, they will have a hard time appreciating it and making an offer! This sounds obvious, right? Usually the biggest barrier to showings is pets. If the sellers are not home during the day and have indoor pets, I ask if they have a neighbor or other family nearby who can take them for a walk during a showing? If it is a tenant occupied house, can the seller incentivize the tenants to be cooperative with showings? I have had clients offer a rent reduction to tenants to waive the 24 hour notice that is required by Oregon law.

Cluttered space. This is something we cannot see for ourselves when we live in a home. I tell my clients, “Since you are moving soon, start packing before you get on the market. Buyers have a hard time looking past your things and picturing themselves living in the home. If you are not going to use it in the next 90 days, put it in a box. Period.” Short term storage is not expensive but that is not an option and if there is no storage in the basement, attic or garage, then sometimes family or friends will help you out.

Unpleasant Odors. Sorry kitty! Although pet odors can be a problem, in the Portland area they may come in second to moisture. As you may have heard, we get some rain here! So the first thing agents (and most buyers) do when entering a basement is sniff. Does it smell damp? What about smokers? Again, if you live with it, you probably don’t think about it anymore. Ask a trusted friend (or your real estate agent) to be honest with you!

Unwillingness to negotiate. And right behind that, Won’t Make Repairs. These two often go hand in hand. Sellers: Know what your bottom line is before you go on the market. What are you willing to bend on? Is selling fast more important than a specific price? When a seller says, “We won’t do any repairs. We just won’t, not at this price.” they may be killing a good sale. Buyers will have an inspection. The inspector will find something. From something as minor as a cracked switchplate cover (yes, I have had that appear on an inspection report) to something as major as recommending a new roof, the inspection report will point out things that could be better. That is the inspector’s job. If they sent out reports saying ‘Nothing wrong with this house!” they would not be getting much repeat business. No home is perfect! If it’s something that affects the ability of a buyer to obtain a loan on the home, the seller may HAVE to make that repair or replacment in order to get the home sold. Cash buyers are out there but they want an even better bargain than the average homebuyer.

There are more mistakes out there but these were deemed the most common. Helping sellers avoid these and other pitfalls is my job, and I love doing it! Let me know if I can do it for you! – See more at: http://activerain.com/blogsview/4309831/don-t-make-these-common-seller-mistakes-#sthash.xNMiY5fI.dpuf

“We want to wait until spring to put the house on the market.” Really?

Many homeowners who want to sell their homes believe they should wait, even if they are ready, to sell their house until the ‘spring market’. While home sales do follow certain trends, this chart is from last year’s RMLS Market Action shows the larger picture.

WinterSales

Credit: RMLS Market Action December 2012

If you look at closed sales for each month of the year for the last 5 years (for the current Market Action, shoot me an email) you can see, last year, when the market was still ‘turning around’, even in January and February, well over 1,000 homes sold each month in January and February. December is also overlooked as a good sale month, some people really want to be in their new home before year end, for tax reasons.

So, if you are thinking about selling, don’t buy the myth that homes don’t sell in the wintertime!

New Listing in Gresham – Convenient Location & Move-in Ready

DSCN1076aMy new listing in Gresham is a peach! The sellers have put in new carpet (with hardwoods under) and painted, but have been doing updates constantly the last few years. Since 2009 it has had a new roof, new skylight in the family room, new insulation blown in, new vinyl windows (including this cute garden window in the kitchen), new doors inside and the kitchen appliance are newer too! Call me for a showing 503-314-2384!

Wouldn't this be a nice view? And you won't be doing so many dishes, my client says the dishwasher is the best she's ever had!

Wouldn’t this be a nice view? And you won’t be doing so many dishes, my client says the dishwasher is the best she’s ever had!

 

Busy Busy Busy!

There is a saying in Real Estate, the best way to attract business is to go on vacation! I believe it! I have a new listing in Montavilla, another one going live on Thursday and our housesitter/dogsitter is getting here Friday morning so my husband and I can take a trip to Kauai! Now my phone is ringing off the hook! I have already lined up 2 appointments for Labor Day weekend when I will be back and passed a buyer off to another broker in my office to work with since I will be gone and the market is so hot she wants to see things right now! One of the blessings and curses of my job is, you can do it almost anywhere and 24 hours a day if you are not careful. With the market finally moving in a positive direction, it’s a good thing the people who love me make sure I keep a balance! Robins_Photos_344-RELAX

Sneak Peek! My New Montavilla Listing!

Going Live this Thursday, I will holding Open Houses on

Saturday from noon to 3pm and Sunday from 1 to 4pm.

I am very excited about this house, it has had a makeover and looks great!

This house will ‘go live’ Thursday August 8!

New Listing - Goes Live on Thursday, August 8

New Listing – Goes Live on Thursday, August 8

Back yard has raised beds, fire pit, patio and much more!
Back yard has raised beds, fire pit, patio and much more!