I’m going to share the Oregon home buying process, including important due dates. I hope it is helpful and I’d be happy to help if you are purchasing or selling real estate in the Portland Metro Area.
Earnest money deposit: Typically 1% of the purchase price is agreed on as earnest money in an offer. It needs to be deposited within 3 business days after the offer has been accepted. It will be refunded when the transaction is properly terminated within the timeline below. If the transaction proceeds to closing, it will be part of the down payment.
Property Disclosure Timeline: Within 5 business days after receiving the Property Disclosure from the seller’s agent, the buyer has the right to revoke the disclosure and cancel the transaction without doing the home inspection.
Home inspection period: Typically within 10 business days unless agreed upon differently. The buyer needs to perform home inspections (including radon and sewer line, etc) AND negotiate repairs with the seller. It is the buyer’s responsibility to keep track of the timeline, otherwise the inspection contingency period ends and you will be buying it as-is.
The video includes more details of the timelines. I kinda look mad here, but Youtube picked the thumbnail.
I used to cold call expired listing homeowners and For Sale By Owners. It was one of the toughest parts of a realtor’s job. This cold calling isn’t an easy thing because these homeowners get about a dozen or more calls a day. However, I was somewhat successful at it and met some great families and helped them sell their homes.
예전엔 계약만기된 집주인, 주인이 직접 파는집에 세일즈 전화를 했었어요. 부동산업자가 하는일중에 가장어려웠던 일이었습니다. 어려운 이유는 집주인들이 보편적으로 10-20통씩 하루에 전화를 받거든요. 그래도 그나마 성공적이었어요. 좋은 고객들 많이 만나서 집들을 팔아드렸어요. .
Now, I have been bombarded with unsolicited calls. I really do not enjoy getting those calls. So I decided not to make calls to homeowners either. I thought I shouldn’t send what I don’t want to receive. I feel the same with door-to-door solicitation unless it’s neighborhood kids selling cookies.
요근래엔 세일즈 전화, 스푸핑 전화등 받기 싫은 전화들이 매일 오는게 소비자 입장에서 싫어서, 내가 싫어하는걸 왜 다른사람한테 줘야하는 생각에, 그 세일즈 전화는 그만두기로 했어요. 집방문 세일즈도 똑같은 생각에 안하죠. 동내 애들이 과자 파는 경우가 아니면.
So for now, no listing solicitation calls. But I do have the necessary selling skills and feel that someone could use my help… I have no idea if this blog will reach any of those homeowners who need help to sell their “un-sold, expired, cancelled, FSBO…” homes, but I’ll try this and see what happens.
그래서 세일즈 전화는 안하되, 제가 집파는 기술을 도움이 필요한 분께(계약만기된 안팔린집, 주인 직접파는 집) 소개시키기 위해서, 이 블로그를 이용해 노력하겠지만, 연결이 될지 안될지는 몰라요.
So, if you need help in selling one of those homes, please check out the video above or keep reading on:
만약 못판 부동산 매물이 있으시면, 비디오를 보시고 이 문구도 보세요.
Here’s my approach to selling “un-sold” homes:
Excellent online presentation of the home
Focus on strengths of the property, not weaknesses
Make necessary adjustments
“Turn every stone” selling approach
Network with top selling agents
Selling since 2008 “learned business & survived through the market crash.”
Commitment to provide excellent service to clients
Location Welcome! Bauer Highlands Neighborhood is located in NW Portland in Washington County within Zipcode 97229. Just across the street from Findley Elementary school. The neighborhood was built between early-mid 2000, inspired by European style architecture which is reflected on all the street names like, Avignon Ln, Alsace Ln, Bayonne Ln, Milazzo Ln, Oxbridge Dr.
Home Style Mix of two story homes (or main level with a day-light basement) with many curve arches, brick/stone/wood looks, high ceilings and unique designs. Hiker friendly sidewalks.
Beautiful Modern Townhouse in the heart of Sellwood!
Versatile living with two large master suites, lower level bedroom/office with a powder room and separate entrance.
Enjoy an elegant home with warm hardwood floors, new carpet, gourmet kitchen (includes stainless steel appliances such as gas stove, refrigerator and two ovens). Open and bright main floor with its high ceiling, sunny windows and gas fireplace.
Located in a quiet area that is close to shops, restaurants, trails, etc. Definitely the best mix of city and suburban living!
8837 SE 13th Avenue, Portland OR 97202, $440,000 Exclusively listed by Shawn Realty, Sellwood Listing Company.
I was in my 5th year of selling real estate when I predicted the future of the Portland real estate market in 2012, connecting the dots…
I was wrong about two things:
How long the flat equity period would last (I bought into the National Association of Realtors’s (NAR) prediction); it was much shorter, which was less than a year. The flat equity period didn’t really exist and looking back, 2012 was already an upswing market.
I was too conservative with a projection of a 5% annual appreciation; it was 10-15% in some of the years from 2014-2018 (in Portland, Oregon).
I was correct:
The best time to sell is coming if sellers can wait 5 years or more.
Market prediction.. for sellers, it depends, for buyers, it is the best time to buy!
First of all, thanks to all of your support, I was able to make a new company of my own. I’m very excited for new opportunities and growth. I hope to be a part of your success and growth as well. I believe that entrepreneurship should be encouraged for everyone – if you own a business and/or want to build a business, talk to me to bounce off your business ideas. I love that kind of talk.
So here’s my market update for the next 7 years!!
3-5% of steady appreciation & no double digit appreciation for a while… So I will try not to use the word, “best to buy or sell”. Because It depends on your individual situation, so I’ll break it down for everyone. No one size fits all, like socks.
Thinking about buying? Then pay attention to the interest rates. You can’t really control house price (just like stock price), but If you see close to 4%, it’s time to buy. Just make sure to pay fair market price on the property.
If you are renting and plan to be in the Portland area for more than 3 years, buy one sooner than later. The rent is still very high, which can go toward a house payment that will let you own something in a few decades or at least give you some cash when you sell and leave town.
If you are thinking about selling, you will see a small but steady equity building, so assess the property. For example, if you own a home that is valued below $425k right now in the Portland Metro area, consider turning that into an investment property. If that is not an option, now is a good time to leverage the interest rate to downsize or upsize, depending on your real estate needs. Be careful about dealing with iBuyer programs out there. Big companies are reaching out to homeowners very aggressively. Their main goal is to make a profit. Shawn Realty’s main goal is to protect our clients best interest and then make a profit, fiduciary or non-fiduciary. If you’d like an assessment of your situation and your property, I’ll be more than happy to help you out with that, so just let me know.
For Investors, Focus on the long term holding strategy, 15-30 years, not so much of short term strategy or cash flow. I believe that everyone should have some kind of investment, preferably in real estate, which is one of the most stable investments.
Portland is still a very attractive city with a steady influx of people and businesses. Both Intel and Nike are literally building and expanding. That’s a great sign for the real estate market.
Tight Urban Growth Boundaries limit the growth, so a housing shortage will continue which will push the price upward.
The rent control law may have scared away some investors, but still the demand is strong.
Have a great summer and please let me know how I can help!
Sold $30k over asking price with multiple offers – by Sunset West, Rockcreek neighborhood listing realtor, Shawn Realty!
Quality built Renaissance home with rare master on the main on quiet cul de sac. Modern and elegant with crown molding, coffered 9-foot ceilings and jetted soak tub; Bright open floor plan with Great Room and gas fireplace, perfect for entertaining. Beautiful kitchen has upgraded appliances, slab granite and cook’s island. Newly painted exterior, private fenced-in back yard, charming neighborhood by a park and close access to Highway 26!
If you are interested in buying or selling listings like this in Sunset West/Rock Creek, please let us know!
There’s no question that your real estate agent has a huge impact on whether or not your home sells quickly, how much you get for your property, and your experience throughout the process.
So you need to ask, “Why should I sell with you?”
Before Selecting Agent:
In-home personal consultation meeting:
Give you an initial idea of what to expect in terms of selling price and timing.
Opportunity to get to know each other.
Explain my skills and experience.
You ask questions and see if there’s a good fit.
No obligation to proceed.
What You Get:
Satisfaction guarantee. Cancel at any time with 3-days notice.
Practical suggestions on how to prepare your home so that it impresses and excites buyers.
My Skills: Listening, analysis, pricing, local market knowledge, troubleshooting, marketing, communication, networking with agent community, offer attracting, negotiation, contract work and experience.
I turn over every stone, so you don’t have to.
I listen to your needs and goals carefully, and keep those top-of-mind throughout the process.
Accessible: I’m just a phone call, text or email away when you have questions or concerns.
Listing price recommendation that’s the highest possible, without discouraging the buyers.
Scheduling showings and open houses, with as little inconvenience to you as possible.
When offer(s) received, skillful negotiation so that you get the best price and terms.
Taken care of many details involved in selling a home, so you don’t have to worry about them.
Assurance of everything goes smoothly between signing the offer and closing the sale.
Everything else I bring:
Proven marketing materials, including pictures, video and property description that attract buyers.
Security lockbox, for sale sign, directional signs with your home address in every major corners and flyers.
Sync all major real estate portals with accurate property info.
Every seller wants the highest price possible, sell quickly with least hassle. To find out more about why you should sell with Shawn Realty, please submit the form below or call (503-515-4499) or email (firstname.lastname@example.org) to schedule a personal consultation.