washington commercial: The State of the Market Address - 02/12/08 11:47 AM
Due to the state of the market I think it would be safe to say that many of us have evaluated our current status as realtors.  I've spoken to veterans, newer agents and those working around the market and all of them have been dissatisfied with one or more aspects of their current status.
Hey ME TOO!!!  All that being said it has caused me to reframe my thoughts on brokerage, development and just plain sales.  The best news is that it has created more motivation for me now then ever before.  I'm so excited about the possibilities that are opening up … (0 comments)

washington commercial: I am buying right now! Why aren't you? - 11/09/07 07:44 AM
THE SPIN IN YOUR MARKET SHOULD BE AS UPBEAT AS THIS PICTURE!!  You should be writing tales of positivity.  You should be bouncing off the walls like tigger!! Are people coming up to you asking you why you are so happy?  THEY SHOULD BE.
Make em wonder - why is this person in real estate in such a horrible market happy?  BECAUSE IT"S NOT HORRIBLE SILLY!!!
 Are you buying homes for real?  Yes I am, and right now is the perfect time to get moving.....remember the article that Tracy Thomas from Calabasas did? Pin The Tail On The Bottom Of The Market - pay … (6 comments)

washington commercial: How to receive 6000 points without blogging for 3 weeks!! - 11/05/07 01:51 AM
shh!!!  This is the secret that the rest of active rain doesn't want you to know.....they award points completely different than most people think....25 pts for comments sure, but did you know that you can get 6000 points without even trying?
It's very simple, but you've got to do it exactly the same way everytime otherwise it won't work!!  What they don't tell you is that instead of writing 10 blogs a week for 3 weeks to get your points you can do it another way....one that very few people are taking advantage of.
Every little invitation can get you more … (12 comments)

washington commercial: New Listings - Thurston County Market - 10/30/07 09:38 AM
20 acres zoned 6-9 residential units per acre, just outside City Limits within Urban Growth Boundary.  Near high end homes and further growth.  Proposed Elementary school site across the street.  $2,100,000 contact agent for further details.
19.1 acres zoned RR 1/2 - would support 9-10 higher end homes on 2 acres each.  Easement to property being drawn as we speak.  Contiguous parcel also available to provide for clustered development.  $995,000 contact agent for marketing flyer.
13.2 acres zoned Urban Village - binding siteplan in place with 4 drive thru pads and a 50,000 SF retail structure. Contact agent for more information.
Ryan Haddock
Land … (0 comments)

washington commercial: Cap rates rising sharply!!! - 10/26/07 08:53 AM
As investors pulled out of the market sellers have been left holding the bag on NNN leases and other retail developments that had previously been selling in the 5-6% cap range.
 Now sellers are readjusting listed sales prices across the country as the amount of investors may have not changed but the interest has waned.  Now clients are asking to find what is available in an 8% range and are unwilling to consider those deals below the 7% range.
Obviously multifamily rates are often lower and many are speculating that due to the gap in housing versus rent costs that profits will rise … (0 comments)

washington commercial: Updated Listings For Sale - 10/24/07 03:59 AM
Quick Update on Listings
12.75 acres at Cooper Pt. Rd. and Hwy 101 - $3,600,000 PENDING
8.99 acres at 93rd and Hwy 99 - $1,728,000 PENDING
39.1 acres on 93rd Avenue in Tumwater - AVAILABLE - recent price reduction $2,950,000 - will allow for 190 residential units in a clustered development.
Colony Park Apartments - AVAILABLE - priced under assessed value at $1,400,000 - currently 16 1 br apartments and 4 2 br units set up as duplexes.  Well maintained by local owners.
13.2 acres of commercial land located in Master Planned Community, binding site plan with drive thru pad sites.  $3,600,000 Contact for … (0 comments)

washington commercial: So you want a gas station huh? - 10/23/07 12:07 PM
Today I received a phone call from a prospective client who was in the pursuit of a dream job as a gas station owner.......don't laugh.......some of them do quite well.
As we discussed a few of the listed stations (as most know everything in commercial real estate is for sale for the right price) he began wavering on wanting a station.  After we had discussed that credit cards charge the gas station owner on average 6 cents per dollar for a transaction and that margins in tough markets are only 15 cents per gallon.  It became evident that all he'd be doing with … (4 comments)




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