Cynthia Lee's (pdxrealestate) Blog

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Real Estate Agent - Pete Anderson Realty Assoc. Inc.

ARCHIVED BLOG POSTS

2008 

This a follow-up to the blog dated 1/20/2008 Once you have found a unit that breaks even or actually has some cash flow there are some numbers you need to learn how to calculate. Most investors want to know the capitalization rate of a property. This is how to calculate the cap rate. Start with t...
01/21/2008
Be aware this is not a late night TV ad. Before investing in real estate you need to have surplus money you are willing to invest into real estate holdings.The Portland Oregon market place has been so active the last few years it has been tough for small investors to get into the market.Prices ha...
01/19/2008
The 3 F's  it still works! No, it is not - "find um, fool um, forget um"The 3 F's sales technique refers to: feel, felt, found. It works like this- you empathize with the buyer or sellers problem by relating a story to them using feel, felt, found. Heres a sample: The sellers can't decide if they...
01/18/2008
I always say, I don't have a crystal ball. We don't know if interest rates will remain low or what will happen in the  long term financial market. Some sellers may choose to wait and sell later. Others may go ahead, sell and put their profits in other investments. This depends on your long financ...
01/18/2008
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As a principal  broker, agents getting into the business have started asking me "Is now even a good time to get in the market? I heard  the market is was bad."Real estate is and always has a been a business, where you get what you put into it. Some of our brokers count 2007 as one of their best y...
01/16/2008
Sellers ask your Realtor to take you on a tour of the competing properties listed against you. Just looking at photos doesn't really give you an accurate picture of the feel and look of your competition. in this buyers market, this property tour can really help you with staging, pricing and getti...
01/16/2008
Buyers shop by comparison shopping. Homes that don't have offer the same amenities and features as other properties in the same price range actually help to sell the competing properties because they make the competing properties shine. The lesser homes look over priced to the buyers (which they ...
01/15/2008
Buyers If you are looking to get and out of Portland real estate as short term investment, now may not be the time to buy. Real estate as an investment is usually better as long term investment than as s short term holding.SelectionBuyers Looking to purchase a home for personal use, will find the...
01/14/2008
SellersYou've heard all the bad press. The metropolitan Portland market is not as hot as the previous few years. So why sell now? Some sellers need to sell, they maybe transferred or a personal situation may necessitate a sale. Properties priced fairly in good condition, continue to sell in a tim...
01/13/2008
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Cynthia Lee

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