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Seattle Sellers:  Take note:  The market has changed, but you can still sell your house with good results!

Obviously the mortgage industry has played a major part in this new Seattle buyer's market. Loan programs are stricter and as a result the pool of qualified buyers has dwindled down. Even though this means there are less buyers competing for your home, you can be sure that the buyers out there are stronger more qualified buyers! Now that Seattle has found itself in a buyer's market, many home sellers are having to adapt. In order to be competitive in Seattle's new buyer's market, Puget Sound sellers should have every edge possible! Here are some of the things that could help your home get noticed!

  1. Hire a full service Realtor!!!!! This is probably one of your biggest investments – not the time to cut corners! You need the superior quality help to have the edge in this market!
  2. Staging – I have an accredited Stager help me with my listings to make sure they are stunning when any buyer walks in. I want them to walk in and fall in love! It is amazing how dressing your home up like a Pottery Barn catalog can help to emotionally sell it!
  3. Housekeeping/Lawn Maintenance – Hire a housekeeper and a yard maintenance team! You want your home to shine! The extra money will most likely be worth the investment.
  4. Process – This is something I have to go through weekly in my own house. I call it processing. It is simply going through clutter and sorting it into piles – charitable contributions, trash, give away to friends, recycling, keep. It is helpful to do this regularly, but taking the time to do a big process job on your garage and closets can really pay off!
  5. Dress Your Cabinets and Closets – Your Stager might do this, but if not, you should. Take the merchandising approach and color code your closets - hang clothing by shades of color and really make your closet look like a rack at The Gap! The same thing can be done with your kitchen cabinets - turning all the labels on the cans outward and making sure the pantry is organized and not cramped is vital.
  6. Storage – Make the investment to store extra furniture or clothes that clog up closets and garages. Clear your kitchen counters of appliances and clutter. Your home needs to scream spaciousness and plenty of storage.
  7. Be gone – Leave your house well before showings! You want the buyers to be able to picture themselves in your home. They can't do this with you in it. It is also uncomfortable for buyers to be in your home with you there.
  8. Buyer Incentives…Offer to pay closing costs or some other from of bonus to "sweeten the pot" for a buyer when they are making a purchasing decision. They have lots to choose from right now!
  9. Selling Office Commission: Don't discount it – that agent is the hero who is bringing you a qualified buyer!!! I would even consider offering an agent bonus! It might encourage them to bring even more buyers back!
  10. Price your home right! Doing all of the above won't matter if you don't price your home correctly. Again, your full service Realtor is qualified to do this! Also please keep in mind that starting a bit lower could get you multiple offers even in this market. More importantly, starting lower would save you thousands and thousands in carrying costs that your home would be incurring while it sits on the market at a higher price!

Use some or all of these and look for good results! Just because it is a buyer's market out there doesn't mean it is a bad time to sell. Houses are still selling and in some cases with multiple competing offers. The last three deals I have done involved multiple offers and back up buyers so I know it is happening! The important part is positioning your home correctly in this market!

 Courtney Cooper ....For all your Seattle Washington Real Estate Needs! Seattle Area Real Estate Agent:  Broker and Realtor serving North King & South Snohomish County - Experienced and with a background in accounting - I love my clients and work hard for them! Call me if you are looking for a home or investment property in Seattle, Shoreline, Edmonds, Brier, Lynnwood, Mountlake Terrace, Lake Forest Park, Bothell, Mill Creek, Everett, or other Seattle Suburbs!

 


Courtney Cooper

Seattle Realtor, Owner/Designated Broker/EcoBroker

Cooper Jacobs Real Estate

courtney@cooperjacobs.com

206-850-8841 

(Seattle real estate - search all MLS listings from all companies for FREE), SeattleAfloat.com (Seattle Houseboats), GreenLakeLoop.com (Green Lake Blog), QueenAnneBoulevard.com (Queen Anne Blog), MagnoliaView.com (Magnolia Neighborhood Blog)

About Me: 

Seattle real estate has been a big part of my life for well over a decade since I began my career in real estate,but also before that time when I was in the process of purchasing my own first home.  Buying your first home can be quite overwhelming,but I have managed to help many first time home buyers along the way.

Move up Seattle buyers and other types of specialized purchasing is a great passion of mine!  I love Seattle houseboats and you can find me down on the docks of Lake Union and Portage Bay several times a week.   Other aspects of Seattle real estate that I adore include Queen Anne Real Estate,Wallingford Real EstateBallard Real EstateGreen Lake Real EstateLaurelhurst Real EstateMagnolia Real Estate,andSeattle Waterfront Real Estate.

In addition to being a Seattle residential broker and founder of Cooper Jacobs & Seattle Afloat, I am also a member of CBA (Commercial Brokers Association) and head of the Cooper Jacobs Commercial Division in an effort to provide excellent commercial real estate services to the Seattle commercial real estate industry.  With a background in accounting and management, it is my great pleasure to coordinate our Seattle commercial brokers. 

About Cooper Jacobs Real Estate's Seattle Branch:

 My office at Cooper Jacobs Real Estate LLC is located centrally near all my favorite Puget Sound neighborhoods just a few blocks up from Lake Union in Seattle’s Wallingford.  Cooper Jacobs Real Estate is a wonderful place filled with talented Seattle real estate brokers and I count myself extremely lucky that I get to spend so much time with these wonderful people.  We specialize in different Seattle neighborhoods and suburbs in both residential and commercial real estate and are all very passionate and excited about each of our favorite Seattle neighborhoods and industries!

©Courtney Cooper ©Cooper Jacobs Real Estate LLC

 

2 Comments on Seattle Sellers: Seller Tips For a Buyer's Market

NOV
30
2007
2 Featured Posts Attended Rain Camp

Perfect advice, Courtney...good job!   I will proudly forward your blog onto my prospective clients!  Thanks.

Gail Gladstone, Long Island Realtor

11:09am • #1
DEC
02
2007
399,745 Points 12 Featured Posts Localism Sponsor Outside Blog Hit Router Attended Rain Camp
Hi Gail - thank you - I appreciate you dropping in!
11:27pm • #2

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Courtney Cooper 206-850-8841

Seattle, WA

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Seattle Real Estate: Cooper Jacobs Real Estate LLC

Address: 3645C Wallingford Ave N, Seattle, WA, 98103

Office Phone: (206) 236-9696

Cell Phone: (206) 850-8841

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