How do YOU do your market analysis? - 06/29/07 08:35 AM
I saw a market analysis another agent did the other day on a property that really missed the mark. She could not understand why she was off... ok here are a few things i do... what others might everyone suggest to make them more accurate
  1. Use only similar properties... if the home I am evaluating is a two story use two stories and perhaps a 1 1/2. No ramblers, no tris etc.
  2. If the size is 1850 sq feet I go 250 either side.. if the are a lot of comps I may squeeze it down or expand a … (10 comments)

The numbers behind Wenatchee's #1 Ranking - 06/19/07 11:07 PM
 So you think we might be a hot market? Like everything else the ranking is only part of the story. Here are some stats to help assess the ranking:
Retail Trade Volume - Douglas County   2005  $200,000,000,  2006  $219,000,000
                                Chelan County   2005   $568,000,000,  2006  $662,000,000
Population - 2006
   Wenatchee 29,920
   East Wenatchee 11,420
  Total Chelan County  70,100 
  Total Douglas County  35,700
  Median Income per Hopusehold  (04) 42,700
  Average Home Price 2000/ $153,000; 2001/173,000; 2002/138,900; 2003/149,500; 2004/181,500; 2005/218,900; 2006/229,244; 2007/253,450
Value of homes sold ($M) 2003/812; 2004/928; 2005/1,106; 2006/1,037
The above information is from the Wenatchee World June 19,2007
… (0 comments)

Going out in Wenatchee - 06/18/07 08:21 AM
Wenatchee's Performing Arts Center is a great addition to life in Wenatchee! They have a wide range of programs. Recently the cast of Whose Line Is It Anyway. In the near future Capitol Steps, Tennessee Three (I am helping to sponsor), plus a season long family/Children program, Opera, dance and Mariachi... to name a few events.
But it is non profit. The last two years they have turned the corner and are starting to carry themselves and pay of debt. But it is a small, first class facility in a medium sized town so the specter of financial failure is never far … (0 comments)

Negotiating for fun and profit - 06/15/07 12:12 AM
Negotiating is an art. It is also the way we make our livings. But how many really negotiate? In fact with the last few years negotiating has almost gone the way of the DoDo. So Id like to discuss, from a buyers perspective, a few ways to get your price and what should be done.
First a generalization... I have found that most REALTORS,Sellers and buyers do not like to negotiate. When the numbers and concessions get large they get uncomfortable. You often hear "don't insult the other party with a low offer", or "offer too low and they may think you can't … (12 comments)

My first listing, name tag and a close call - 06/03/07 10:36 AM
I was reading a blog on AR about not knowing where your next client is coming from. (Good blog and comments by the way.) I remembered an experience I had as a new agent with a name tag.
I was late for an appointment with an HR type to present some material for relocation. The office was located in a business park where there was also a railroad.  I saw where the office was and crossed the tracks. As I started to pull into the parking lot I noticed a blue light in the rear view mirror. "Damn...now I'll really be late." … (9 comments)

 
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Perrin Cornell, Broker, ABR

Wenatchee, WA

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Century 21 Exclusively, Wenatchee, WA

Address: 135 N. Mission, Wenatchee, WA, 98801

Office Phone: (509) 662-2100

Cell Phone: (509) 669-0354

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Comments and advice on the Real Estate market in Washington State and the housing market in and around Wenatchee, East Wenatchee and the Wenatchee Valley.


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