BUYING REAL ESTATE

Quiet Attention ~ Straight Talk ~ Real Results


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Initial Property Search

Once you know your areas of interest for your next home or land purchase, online is a great way to start your search. We are in an information age that is becoming “more-so” day-by-day. The algorithms used and property and market values suggested by Zillow and Redfin (as an example)  do not necessarily reflect our market on the Olympic Peninsula. This is a unique rural community and destination.  A favorite bumper-sticker  – “don’t always believe what you think” applies here.

Once your search becomes more serious, and future changes more imminent, it is prudent to engage a professional Realtor® for the most complete and satisfactory experience. It begins with looking at and seeing what is available.

 
 
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Looking At Property

When planning your active search, wherever possible, allow for advanced planning and enough time in each location to get a sense of place. Our Peninsula sees high demand for accommodation and ferry travel peak season. Properties of interest may or may or may not still be on market.

Your Realtor can help maximize your time and energy by creating and providing materials specific to your interests for whatever stage and level of interest.  If you are planning to see property, listed or for sale by owner, with a licensed Broker, you will need to sign a Buyer Agency Agreement for the properties you are going to see. 

Click Link - for PDF of Real Estate Brokerage in Washington & Law of Agency

 
 
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Financial Game Plan

When it begins to matter most, time most certainly becomes “of the essence.”  Buyers who prepare are in a position to act, for the best outcomes. Each transaction is case-by-case, depending on the interest and structure of the parties, and the property in question.  Strategy choices and actions are well-served with a realtor advocate as part of your team.

If your purchase includes a lender, Sellers here tend to look more favorably on local lenders - people they have knowledge of in the community. An intake and assessment to match your needs and options is often part of the real estate tool for preparation and success.

If you are a first time home buyer, or have not purchased residential property for several years, you may have access to free home-buyer classes that offer certificates to help in reduction of closing costs and educate you as a Buyer.


 
 
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Making An Offer

You know when you know – so, when it’s time to make an offer, you already have a sense of what it means to you and why. Your Broker might well have a sense of that as well…
Where pricing and value are a concern, rely on your local professional. Your advocate. Your voice of reason.  Then, in consideration of all the facts, you can put the “best foot forward”, or not. 
Consideration comes into full-play in the escrow process. It’s not over until it is over. The escrow process can reveal challenges and misunderstandings that can be critical to outcome.  Always best to be curious, attentive, and reasonable in consideration of options. This, hopefully mutual, consideration - never takes anything away from the result.

There is no crystal ball.  Options will tend to unfold to your benefit when you are doing the right things for the right reasons. This working belief has history with successful transactions for clients over many years.

Closing On Your New Property

Always the best part of the process – culmination.  When the sale funds and transfer of deed is complete at the county courthouse, you are the new owner of the subject property. Possession will rely on the terms of your purchase and sale agreement. Special attention needs to be paid to WIRING FRAUD in real estate transactions.


 

SELLING REAL ESTATE

 
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Deciding to Sell

Sure, legally you can do it yourself, yet why would you?  Even if you are experienced in real estate transactions, hiring a seasoned, compatible professional will pay for itself in real dollars, time, and energy.  As a Seller, you have more choices now due to rule changes in 2024 that affected the real estate industry.  Learn about your options with a trusted professional. 

Click Link
- for PDF of Real Estate Brokerage in Washington & Law of Agency

 

 
 
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Preparing for Marketing/Listing

Your preparation for the sale of your home is really a pre-move activity.
Once you have identified your listing broker, you can expect services to include a timely and appropriate market analysis and actions/timelines to achieve what is mutually understood as the highest and best possible presentation given your property and circumstances.  There is a buyer for every home and parcel, given the right timing and cost factors!

Your broker will provide you with all the necessary forms that accompany the listing, and be available to address any questions that come up for you.


 
 
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Showing Your Home

Anyone can see it with all the online visibility and applications. Virtual walk-throughs are often desirable for people planning to travel from afar. A real “feet on the ground” showing is always preferable when possible.

Positive first impressions drive interest.  Location, functionality, and a general sense of tidiness and care are important aspects to most Buyers.  This does not mean a stripped down “Marriott-like” home with everything seemingly perfect…  There is a fine line between too much stuff – and too little.  Your broker will help discern the best way to show the home, and keep you posted on showings and feedback.

 
 
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Receiving and Responding to Offers

As a seller, you have options when you review offers from buyers.
In a slower market, offer review will likely be as they are received, generally given 24-48 hours for a written response.

In a faster-paced market, or if the subject property is complex, or if seller has a schedule that requires timing considerations, offer review can be established at a future date as noted in the listing data.

This is yet another area of influence and knowledge where a knowledgeable broker can advise and enact the options best for you.

Closing on Your Sale

Always the best part of the process – culmination.  When funds are received, and transfer of deed is complete at the county courthouse, you are no longer the owner of the subject property. Relinquishing possession will rely on the terms in your purchase and sale agreement. Special attention needs to be paid to WIRING FRAUD in real estate transactions.