Afraid of Selling Your House This Fall? Don’t Be.

October 14th, 2015 by Marc

Historically low inventory and a plethora of buyers makes this fall a fiendishly good time to sell

Popular wisdom says wait until spring to sell your house.  Of course, that same wisdom says don’t take candy from a stranger yet 50 million US kids are going to do precisely that at the end of this month.  If you’ve been thinking about making a move, now may be the perfect time to trick tradition and treat yourself to a big bag of money.

The logic for waiting until spring is that there are fewer buyers looking during the fall and winter.  It’s assumed that buyers wanting certain schools won’t disrupt their kids’ schedule and that buyers have generally settled in to wait out the winter doldrums before diving back into the real estate market.  While that may be true for some buyers, it’s not true for all of them.  Moreover, there is a great corollary benefit for sellers: fewer homes for sale means less competition for the buyers that are still looking.

2015 has been plain awful for buyers and absolutely amazing for sellers.  Per the dark green lines in the charts below, courtesy of our friends at SeattleBubble.com, the past year is on pace to be among the best for homes sold despite being the worst for the number of homes for sale.  And inventory is about to drop even further off the proverbial cliff over the next few months which presents a ghoulish opportunity for the bold seller willing to defy conventional wisdom.

KingCoSFHInventory2015-09KingCoSFHClosed2015-09

Interest rates are super low and there are plenty of buyers that want to buy a house.  Quite a few have lost out on bidding wars and are ready to pull the trigger the second a good house at a remotely decent price hits the market.  Many more are watching and waiting for just the right house to come along.

Every house is different and some may be better candidates than others to list in the fall or winter.  If you’ve been wondering if now is a good time to test the market, we definitely think you should consider it.  Give us a call or shoot us an email if you’d like a second opinion on whether now is the time to list or if waiting until spring is the way to go.  You can reach Marc at 206-357-4224 or marc@walawrealty.com.

 

 

 

For Sale By Owner Seminar & Workshop – Learn from a real estate attorney how to buy or sell a home without paying 6% in commissions

July 10th, 2015 by Claire

WaLaw Realty is offering a free workshop on Thursday, August 13th at 6 pm to anyone interested in buying or selling a home For Sale By Owner and cutting out the 6% commission traditionally paid to real estate agents.  The class will run from 6pm to 8pm here at our office in Lower Queen Anne.  We’ll provide pizza and beer plus a lot of great insight – all at no cost to you!

Whether you’re a first timer or an old pro, you’ll surely learn something new at this class.  Real estate attorney and managing broker of WaLaw Realty, Marc Holmes, will discuss:

  • Tools and resources for marketing a home FSBO (and how buyers can find off market deals)
  • Correctly pricing the home (probably the thing sellers most frequently get wrong)
  • Dealing with potential buyers and the agents that call
  • Seller disclosure requirements and protecting your interests (whether a buying or selling)
  • The offer negotiation process
  • The title and escrow process

Audience feedback and participation is encouraged so we can tailor the talk to address the interests of the folks who attend.

Marc will also answer any questions about WaLaw’s flat fee business model that combines the services of a real estate agent with the skills of an attorney, all at a cost that is a whole lot less than what you would pay a typical agent.

Click Here to Register Today for our next Free For Sale By Owner Class.  We look forward to seeing you!

Interested in WaLaw Realty? Start here…

August 26th, 2014 by Claire

While the first step to getting information about us is often in a phone call, there’s plenty of information on our website too!

I know there’s a lot of good info here, but navigating a website can be overwhelming. Here are some suggestions to help you get started with basic information, who we are, and client testimonials:

WaLaw Realty FAQ

How it works for Buyers & Recent buyer rebates 

How it works for Sellers & Recent seller savings

Testimonials

and don’t forget

How much?

And if you still have questions or are ready to get started, give us a call!

206-357-4224

 

 

October Home Sales & Closings

November 15th, 2012 by Claire

Congratulations to all of our clients who sold or bought a home last month using WaLaw Realty, totaling over $63,000 in rebates! Typically, the market tends to slow down in the fall, when the rain settles in and the kids get back to school – but 2012 is proving to be an unpredictable year. And once again we are busier than ever, and showing no signs of slowing down.

Check out our closings and rebates below, and for more information on the buyers side of the home purchase process, we just posted a great article (and info graphic!) here.

WaLaw Sellers

Modern elegance on Queen Anne
(more…)

Seattle Home Buyer’s and Seller’s Savings – It Still Feels Like Summer Edition!

October 9th, 2012 by Claire

Last month we posted all about our buyers and sellers savings – summer edition. Maybe it’s just me, but I feel like September was summer edition part II!  Our clients saved a grand total of over $90,000 in September, that’s a lesson in back to school savings. Thinking of buying soon? Craig outlines the need for buyer representation in his latest blog post, “What is a buyers agent? Does a buyer need a buyer’s agent?” or this one on how our real estate agent commission rebate works.

For even more reasons, check out our closings and rebates below! (more…)

Home Selling and Home Buying Savings in Seattle – Summer Edition

September 7th, 2012 by Claire

12 Closings in August = $187,260 in Rebates to WaLaw Clients

Have we mentioned lately how much we love our clients? In the month of August alone, we have had 12 clients close on their homes, and they collectively saved $187,260! No, that’s not a misprint, or a misplaced zero. Yes, our model really works!

As if the money wasn’t enough, they also had a great time – check out some of their testimonials. Congratulations to all of our August buyers and sellers.

 WaLaw Sellers:

Refined Kirkland 3 BR on 3/4 acre

 

 

Rebate: $5,693
Refined Kirkland 3 bedroom on 3/4 acre 

 

 

(more…)

WaLaw + Redfin = $18,470 in Home Buyer Savings for Consumers

August 13th, 2012 by Marc

What savings look like

We’re pretty big fans of Redfin here at WaLaw.  They’re helping to change the way the real estate industry operates, for the better.  One of their big advantages is, like WaLaw, a fee lower than what is charged by a typical agent.  So when a Redfin seller sells to a WaLaw buyer, everyone saves a lot of money.  How much money?
On this transaction, total consumer savings (what our client saved, plus what the Redfin client saved) is $18,450.  (more…)

FOUR closings in July!

August 9th, 2012 by Claire

Oh where has the summer gone? Time flies when you’re busy….and rockets at WaLaw. We’ve had four clients this month celebrating a closing, check them out!  (more…)

Real Estate Agent Commissions and Fees: How They Work and How To Pay Less

July 19th, 2012 by Marc

WaLaw's Seller Commission Savings and Buyer Agent Commission Rebate

Seller Commission Savings and Buyer Agent Commission Rebate: Click to see the full infographic

Real estate agents have been charging a commission for a long time. This post will explain the process by which real estate agents get paid a commission, and what you can do to reduce that commission — and thus your costs — if you are thinking of buying or selling a home.

Real Estate Agent Commissions are Paid by the Seller

When a seller decides to sell her house, she signs a “listing agreement” with a real estate broker (commonly known as a real estate agent or realtor).  (more…)

Two Huge Closings Push WaLaw Rebates Over $1.3 Million

June 22nd, 2012 by Claire

West Seattle Home Buyers Saved $17,121 with a WaLaw Buyer's Commission Rebate

West Seattle Home Buyers Saved $17,121 with a WaLaw Buyer’s Commission Rebate

 

 

 

 

 

 

 

 

 

 

 

 

Congratulations to our clients who just closed on their BEAUTIFUL West Seattle home today. They saved $17,121 with WaLaw Realty, and have pushed our rebate total to over $1.3 million dollars. (more…)