PDX REAL ESTATE: One Year Later... "Mr. Owner Maintain Your Home!" - 11/11/08 07:24 PM
OK, a year has gone by since you helped the Smith-Joneses buy their dream-home. At the time you noticed the two humongous broad-leafed Maples that overhung the front roof-line. Now you have the perfect opportunity to call and say: "Hi Mr. and Mrs. Smith-Jones, I'm just calling to remind you to get that gutter service over as soon as possible to make sure the water is going off the roof properly." What a great way to stay in touch and ensure your buyer's home is being well maintained, thus avoiding deferred maintenance issues when you eventually help them sell.  Happy November!
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PDX REAL ESTATE: AS-IS CONDITION, A Low-Ball Strategy where Everyone Wins - 11/10/08 09:27 PM
Yes, we know, it's a buyers market.  They can do whatever they like... if they're not picky. But what if they've found their dream-house? How can they still take advantage of the market and avoid having their low-ball offer rejected? One thing the buyer can do to get a good sale price is offer to take the house in AS-IS condition, while retaining the right to back out of the deal based on all the normal contingencies within the specified time-lines. If something big comes up in the inspection like a broken sewer line, or a lender required repair, the buyer can go back … (0 comments)

PDX Real Estate: NEW CONSTRUCTION ISN'T ALWAYS PERFECT - 11/10/08 01:16 AM
Ah, the smell of a new home... just like a new car, a new home has that great smell when you first open the door, The aromas of wood floors and new paint combine to tickle the pleasure points in our brains... there couldn't be anything wrong with this new home! But wait, lurking just behind the brand-spanking-new kitchen cabinets on the ground floor is a punctured water drain pipe from the upstairs master bath. When the cabinet guys installed the kitchen cabs, they didn't know the screw they drove deep into the wall hit the pipe... and the only way my … (4 comments)

PDX REAL ESTATE: Sellers, Get Real with Repairs! - 11/10/08 12:53 AM
In this market, being a listing agent can be FRUSTRATING but I just had a fantastic listing agent experience... MY SELLERS DID EVERYTHING I ASKED! Their small bungalow was built in 1921 and had been remodelled several years ago. I suggested they put on a new roof, paint inside and outside, add new exterior steps and decking, add some cute design elements like fish scales at the roof peaks, oh and PRICE THE HOUSE REASONABLY... AND THEY DID! We were under contract within two months. Then, during the inspection, several issues came up and my sellers gladly had them repaired. They did … (5 comments)

PDX REAL ESTATE: Blood in the Water, Be the Shark! - 11/10/08 12:37 AM
It's November 9th, 2008 in Portland, Oregon and from my own business, I can tell you the real estate market is alive and well! My buyers are making offers, and when they're within reason, the the sellers are biting. That doesn't mean that unreasonable "low ball" offers are working. There are still plenty of offers being rejected outright without a counter. So "buyer beware" eventhough you're the shark, you must lure your prey! Happy hunting.
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Keith Berne, Real Estate Broker, Realtor, GRI

Portland, OR

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RE/MAX Equity Group, Inc.

Address: 6245 SW Capitol Highway, Portland, OR, 97239

Cell Phone: (503) 734-6646

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