What To Do With “Hard to sell homes” 팔기 힘든 집들은 어떻게…

How I approach homes that didn’t sell previously

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:

  1. Excellent online presentation of the home
  2. Focus on strengths of the property, not weaknesses
  3. Persistent marketing
  4. Constant communication
  5. Make necessary adjustments
  6. “Turn every stone” selling approach
  7. Network with top selling agents
  8. Local knowledge
  9. Negotiation skills
  10. Selling since 2008 “learned business & survived through the market crash.”
  11. Commitment to provide excellent service to clients

Call/text 503-515-4499 to get it sold.

여기에 “문제 해결” 방식의 부동산 판매 방법입니다.

  1. 가장 우수한 온라인 정보물 만들기
  2. 집의 장점만 부각
  3. 지속적인 마케팅
  4. 저속적인 고객 정보 드리기
  5. 매매자 반응에 따른 정보 조정
  6. 세심히 모든 가능성을 점검하는 마케팅
  7. 경험있는 부동산 업자의 인맥
  8. 수준 높은 지역 정보
  9. 협상 기술
  10. 2008년에 시작 “시장이 어려울때 배운 지식과 기술”
  11. 헌신적으로 고객을 모시는 노력

전화/문자 503-515-4499 주세요.

Portland Real Estate Next 7 Years

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…

Youtube

Soundcloud Audio

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.

Factors

  • 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!

Selecting the Right Listing Agent

Why Sell with Me?

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 (shawn@srpdx.com) to schedule a personal consultation.

Home Buyer Happy Hour

Home Buyer Happy Hour - Shawn Realty
  • Can you buy a home with student debt?
  • Housing as an umbrella?
  • Good properties for first-time buyers?

Does it make sense to purchase a home with student debt? Jordan Lee will share his personal story about buying his first home when he had $80k combined student debt and what home buying did for him. Shawn Yu will share how to identify a right home as a first-time buyer with student debt.

Upcoming Event: TBD

Where: Golden Valley Brewery
1520 NW Bethany Blvd, Beaverton, OR 97006

RSVP here. We look forward to meeting you!

Things to Know Before Buying a New Home (Reed’s Crossing, Hillsboro, Oregon)

Transcript of Video:

Hey, this is Shawn Realty.

Today, I’d like to share with you the process of buying a brand new home and the checklist of what you should know.

#1: Going to the model home

Go with your buyer’s agent. If your agent cannot make it, then let them know that you’re working with one so that your agent can still help you throughout the transaction.

#2: Pick a lot and a plan

aerial view of buildigns
Photo by The Lazy Artist Gallery on Pexels.com

Like brand new subdivisions? Like this Reed’s Crossing–they’re building 2500 homes, right? Knowing where that first phase is located, compared to the rest of the development, that would give you a certain idea on which roads are going to connect to most of the homes. So those are going to be major roads. You don’t want to buy a home near a major road, unless you buy at a really discounted price. Because when you try to resell that home, you are going to lose compared to the other homes that are on the quiet street, because the major street backs to louder car noise and air pollution, possibly. It’s not peaceful. I think that’s the even bigger part. Knowing those roads, how they’re going to be developed, is going to be really important. Where are the parks and other amenities? Are you going to be near town home buildings with a higher density? Later, will it make it tougher to find parking spaces when you throw a party, like a Blazers’ playoff game when you have a dozen friends coming with 10 cars. They’re going to have a hard time finding parking and it’s not going to be that pleasant. I’m going way off here, but you get my point though, right? I think I saw about four different home builders that are building in the same phase. So you can pick and choose. You can pick a builder, you can pick within a builder’s homes, you can pick a lot and, you know, different types of plans. Now, the lot, I think, is one of the more important things and the plan is important in a sense, too, because certain homes flow well inside: it gets better lighting, it functions well, it doesn’t have a lot of wasted space in the house. So, the way I approach it is: when the newness of this brand new home goes away in 5, 7, 10 years, how will it resell well? That’s the question you’re going to have to ask. Everybody loves brand new homes but after the newness is gone, do you still see that home as a good home? That’s a good indicator for whether it’s a good reselling home or not.

#3: Getting pre-approved by a lender

The builders would like you to go through their lenders. They do offer some incentives. I’ve seen anywhere between $500 credit to $2,000 credit to when you use their preferred lender. It’s hard to beat that.

#4: Submitting an offer

It’s really submitting an application because there’s not a lot of negotiation happening, especially with the price, because brand new home builders don’t typically negotiate on the price. As long as they didn’t start too high on the price, they stick with the price.

#5: Waiting until the completion

man wearing blue hard hat using hammer
Photo by Burst on Pexels.com

They give you a completion date, but I wouldn’t count on that date to give notice to your landlord or sell your home because you may not have a place to live because building dates get delayed for many reasons such as too much rain before completion or they get backed up finishing another project. This delay could leave you homeless for a couple of weeks. You want to make sure that you have a place until you get the key.

And #6: Getting the key

person giving keys on man
Photo by rawpixel.com on Pexels.com

So it’s a 6-step brand-new-home-buying process. There we go.

A checklist.

Talking to a sales agent. Now, in Oregon, you have to be licensed. You’re talking to an agent who works for the builder. They are employees of the builder. They don’t really have the obligation to serve you as a fiduciary agent. Meaning, their first goal is to help the seller/ the builder for their best interest. So, this is where buyer’s agents roles come in pretty significantly. Advising, like I mentioned, on the value of that home and helping buyers understand the process of a brand new home. Knowing what kind of rights the buyers have, like the insulation policy and the home inspection policy while giving an opinion on the resale value down the road. Those are really the important ones, too. So that you don’t have to worry too much about it. At least you know what’s going to happen next. I think that’s the biggest part of having a buyer’s agent, so that you don’t get surprises. Who wants surprises, right? When you’re buying the biggest product in your life. Unless you’re buying a private jet. The house is going to be one of the most expensive items that you’re going to buy.

adult calling cellphone close up
Photo by rawpixel.com on Pexels.com

So talking about knowing your rights, the contracts that you’re going to sign with new build homes, they’re typically made by the builders’ attorneys, as far as I know. And they’re a different contract than Oregon Real Estate Agency drafted, the standard form that we use in resale homes. They’re very builder/seller-centric, made to protect the builder so much more so than the buyer. As far as I could read, compared to the Oregon Real Estate form, the owner’s money may not be refundable after 24, 48 hours. The buyers should know exactly, before signing the contract, what kind of rights they have.

person using mop on floor
Photo by rawpixel.com on Pexels.com

The other part is the home inspection on a brand new home. You may think that home inspection may not be needed because it’s a “brand new home.” The builders typically provide a one year warranty, so you think it’s okay. However, what if there’s no insulation in the attic space? The subcontractor forgot to put it up there, right? Because they have to move to the next site. Kind of rushed, they forget to put insulation. Or what if they forgot to hook up the dishwasher plumbing, and you run the dishwasher. Guess what’s going to happen? Your kitchen floor will be flooded. Doing a home inspection points out the things that are made wrong. That’s what it is and, you know, it’s built by a human, not a machine. So there’s going to be some faulty things that you are going to deal with, and when you resell that home, your buyer, in 7 years, let’s say, is going to do the home inspection. By then, hopefully the dishwasher is hooked up, you’ve been using it for the last 7 years. So that won’t be an issue. But, let’s say, there’s water in the crawl space, which we find a lot here in Oregon, which is a problem. What else? The sewer line. I’ve actually had to deal with one sewer line on a brand new home that needed to be fixed. So, we were able to do the sewer scope and the builder fixed it before the closing date. If you didn’t do that, your next buyer will ask you to fix that. And that could be anywhere between, in 2019 pricing, between a thousand dollars to maybe $10,000 to repair. It is very important, I think. Even though you don’t find anything, and you may not find anything, but all the new building human errors shouldn’t be your problem when you resell the property down the road.

So once again I’d like to point out that when you go see a home, look at the subdivision map. Make sure the road your house is on will not become a super major road because they’re building almost 3,000 homes south of there. South of there, right? This road will become a huge road. So, if you do buy a home along a busy road, you better buy it at a really good price compared to homes that are next to a green space. And that’s going to be a bonus. They don’t have any neighbors looking in their backyard from the back side because these new homes’ lot sizes are really tight nowadays.

person sitting near table with teacups and plates
Photo by Viktoria Alipatova on Pexels.com

So I’m super excited to help out home buyers who want to buy a good brand new home like in Reed’s Crossing, the brand new subdivision in South Hillsboro. And I look forward to having some Korean food or Thai food near those new subdivisions because they’re going to build some shops, restaurants and, you know, places like that. Like Orenco Station or Tanasbourne. Those are other good choices for the west side. We don’t seem to have as many great restaurants as we do in East Portland or North East. We need to bring back some good food to the west side for sure. I mean, don’t get me wrong, there are food on the west side, but not as many choices as the east side, right?

So I look forward to hanging out in South Hillsboro. I look forward to seeing you out there. If you have any questions about these homes or the plans or new home buying process, or anything like that, feel free to give me a call.

Anyways, it’ll be great to hear your feedback: what you will like to know in the next videos. I know I missed a lot because I can’t cover everything. If I want to cover every possible situation on buying a home, I probably need to talk for about 4 hours. And nobody has that kind of time to watch me talking about real estate. So, I tried to make this as brief as possible, but it got to maybe 15 minutes right now. Love to hear from you. Let me know how I can help in your real estate goals.

Thanks so much for watching. See you next time.

If you are interested in buying a brand new home, please let us know!

Who works for whom in real estate transactions in Oregon? 

When you walk into an open house, can the agent greeting you look out for your best interests as a fiduciary agent? Or is that agent looking out for the best interests of the seller? It depends.

Key points to remember –

1. It’s safe to assume that the open house agent represents the seller if the name on the sale sign matches the agent’s name. If there’s no agent’s name on the signage, you may ask, “Are you the Listing Agent (or Seller’s Agent)?”

2. If the name doesn’t match the sign, the agent may represent you (buyer) as long as 1) the agent is not a showing agent (work only to show properties as a member of a real estate team, not allowed to represent a client. This may be set by the team or the office rules. Showing Agent is not yet defined by the Real Estate Agency) or 2) not a Co-listing Agent (represent the seller together with the Listing Agent).

3. In Oregon, it is allowable to represent both the seller and buyer, or multiple buyers who want to purchase the same property. This can be done with the written permission of both clients. We call this Disclosed Limited Agent.

4. A Real Estate Agent and Principal Broker in Oregon are required to provide this Agency Disclosure information to you when they first meet you.

5. Seller’s Agent – Represents the seller only. Buyer’s Agent – Represents the buyer only.

You may keep reading if you want to know further…warning, it gets pretty boring. Here you go…OREGON REAL ESTATE INITIAL AGENCY DISCLOSURE PAMPHLET, 2019 version. Please note that this applies ONLY in Oregon, so talk to your local real estate agent if you are thinking about selling or buying outside of Oregon. Or call Shawn Realty 503-515-4499 in Oregon. 

OREGON REAL ESTATE INITIAL AGENCY DISCLOSURE PAMPHLET

OAR 863-015-215 (4)

This pamphlet describes the legal obligations of real estate agents in Oregon. Real estate agents and Principal Brokers are required to provide this information to you when they first meet you.

This pamphlet is informational only.  Neither the pamphlet nor its delivery to you may be interpreted as evidence of intent to create an agency relationship between you and an agent or Principal Broker.

Real Estate Agency Relationships
An “agency” relationship is a voluntary legal relationship in which a licensed real estate agent or Principal Broker agrees to act on behalf of a buyer or a seller (the “client”) in a real estate transaction.

Oregon law provides for three types of agency relationships between real estate agents and their clients:

Seller’s Agent – Represents the seller only;
Buyer’s Agent 
– Represents the buyer only;
Disclosed Limited Agent 
– Represents both the buyer and seller, or multiple buyers who want to purchase the same property. This can be done only with the written permission of both clients.

The actual agency relationships between the seller, buyer and their agents in a real estate transaction must be acknowledged at the time an offer to purchase is made. Please read this pamphlet carefully before entering into an agency relationship with a real estate agent.

Definition of “Confidential Information”
Generally, agents must maintain confidential information about their clients. “Confidential information” is information communicated to the agent or the agent’s Principal Broker by the buyer or seller of one to four residential units regarding the real property transaction, including but not limited to price, terms, financial qualifications or motivation to buy or sell. “Confidential information” does not mean information that:

a. The buyer instructs the agent or the agent’s Principal Broker to disclose about the buyer to the seller, or the seller instructs the agent or the agent’s Principal Broker to disclose about the seller to the buyer; and

b. The agent or the agent’s Principal Broker knows or should know failure to disclose would constitute fraudulent representation.

Duties and Responsibilities of Seller’s Agent
Under a written listing agreement to sell property, an agent represents only the seller unless the seller agrees in writing to allow the agent to also represent the buyer. An agent who represents only the seller owes the following affirmative duties to the seller, the other parties and the other parties’ agents involved in a real estate transaction:

1. To deal honestly and in good faith;

2. To present all written offers, notices and other communications to and from the parties in a timely manner without regard to whether the property is subject to a contract for sale or the buyer is already a party to a contract to purchase; and

3. To disclose material facts known by the agent and not apparent or readily ascertainable to a party;

A Seller’s Agent owes the seller the following affirmative duties;

1. To exercise reasonable care and diligence;

2. To account in a timely manner for money and property received from or on behalf of the seller;

3. To be loyal to the seller by not taking action that is adverse or detrimental to the seller’s interest in a transaction;

4. To disclose in a timely manner to the seller any conflict of interest, existing or contemplated;

5. To advise the seller to seek expert advice on matters related to the transactions that are beyond the agent’s expertise;

6. To maintain confidential information from or about the seller except under subpoena or court order, even after termination of the agency relationship; and

7. Unless agreed otherwise in writing, to make a continuous, good faith effort to find a buyer for the property, except that a Seller’s Agent is not required to seek additional offers to purchase the property while the property is subject to a contract for sale.

None of the above affirmative duties of an agent may be waived, except #7. The affirmative duty listed in #7 can only be waived by written agreement between seller and agent.

Under Oregon law, a Seller’s Agent may show properties owned by another seller to a prospective buyer and may list competing properties for sale without breaching any affirmative duty to the seller.

Unless agreed to in writing, an agent has no duty to investigate matters that are outside the scope of the agent’s expertise, including but not limited to investigation of the condition of property, the legal status of the title or the seller’s past conformance with law.

Duties and Responsibilities of Buyer’s Agent

An agent, other than the Seller’s Agent, may agree to act as the Buyer’s Agent only. The Buyer’s Agent is not representing the seller, even if the Buyer’s Agent is receiving compensation for services rendered, either in full or in part, from the seller or through the Seller’s Agent.

An agent who represents only the buyer owes the following affirmative duties to the buyer, the other parties and the other parties’ agents involved in a real estate transaction:

1. To deal honestly and in good faith;

2. To present all written offers, notices and other communications to and from the parties in a timely manner without regard to whether the property is subject to a contract for sale or the buyer is already a party to a contract to purchase; and

3. To disclose material facts known by the agent and not apparent or readily ascertainable to a party.

A Buyer’s Agent owes the buyer the following affirmative duties:

1. To exercise reasonable care and diligence;

2. To account in a timely manner for money and property received from or on behalf of the buyer;

3. To be loyal to the buyer by not taking action that is adverse or detrimental to the buyer’s interest in a transaction;

4. To disclose in a timely manner to the buyer any conflict of interest, existing or contemplated;

5. To advise the buyer to seek expert advice on matters related to the transaction that are beyond the agent’s expertise;

6. To maintain confidential information from or about the buyer except under subpoena or court order, even after termination of the agency relationship; and

7. Unless agreed otherwise in writing, to make a continuous, good faith effort to find property for the buyer, except that a buyer’s agent is not required to seek additional properties for the buyer while the buyer is subject to a contract for purchase.

None of these affirmative duties of an agent may be waived, except #7. The affirmative duty listed in #7 can only be waived by written agreement between buyer and agent.

Under Oregon law, a Buyer’s Agent may show properties in which the buyer is interested to other prospective buyers without breaching an affirmative duty to the buyer.

Unless agreed to in writing, an agent has no duty to investigate matters that are outside the scope of the agent’s expertise, including but not limited to investigation of the condition of property, the legal status of the title or the seller’s past conformance with law.

Duties and Responsibilities of an Agent

Who Represents More than One Client in a Transaction

One agent may represent both the seller and the buyer in the same transaction, or multiple buyers who want to purchase the same property, only under a written “Disclosed Limited Agency Agreement” signed by the seller and buyer(s).

Disclosed Limited Agents have the following duties to their clients:

1. To the seller, the duties listed above for a seller’s agent; and

2. To the buyer, the duties listed above for a buyer’s agent;

3. To both buyer and seller, except with express written permission of the respective person, the duty not to disclose to the other person:

a. That the seller will accept a price lower or terms less favorable than the listing price or terms;

b. That the buyer will pay a price greater or terms more favorable than the offering price or terms; or

c. Confidential information as defined above.

Unless agreed to in writing, an agent has no duty to investigate matters that are outside the scope of the agent’s expertise.

When different agents associated with the same Principal Broker (a real estate agent who supervises other agents) establish agency relationships with different parties to the same transaction, only the Principal Broker will act as a Disclosed Limited Agent for both buyer and seller. If applicable, see Disclosed Limited Agency Agreement for identification of Disclosed Limited Agent. The other agents continue to represent only the party with whom the agents have already established an agency relationship unless all parties agree otherwise in writing. The Principal Broker and agents representing either seller or buyer shall owe the following duties to the seller and buyer:

1. To disclose a conflict of interest in writing to all parties;

2. To take no action that is adverse or detrimental to either party’s interest in the transaction; and

3. To obey the lawful instruction of both parties.

No matter whom they represent, an agent must disclose information the agent knows or should know that failure to disclose would constitute fraudulent misrepresentation.

You are encouraged to discuss the above information with the agent delivering this pamphlet to you. If you intend for that agent, or any other Oregon agent, to represent you as a Seller’s Agent, Buyer’s Agent, or Disclosed Limited Agent, you should have a specific discussion with the agent about the nature and scope of the agency relationship. Whether you are a buyer or seller, you cannot make an agent your agent without the agent’s knowledge and consent, and an agent cannot make you their client without your knowledge and consent.

Provided by Oregon Real Estate Forms, LLC 2019

   OREF 04

44 Second Portland Real Estate Update – Shawn Realty

 

The only thing you have to know about the Portland Real Estate Market right now is that every twelve months about 4% appreciation happens on a home. That’s an average number. The market is stable, it’s a great time to sell, buy or invest. The rest…? Everything is good! The market is good, interest rate is good (the sky is not falling).

If you are thinking about selling or buying in the next 6 months, we probably need to have an in-depth conversation. Just give me a call and we’ll take great care of you.

Enjoy out there!

If you’d like to talk about timing the market in buying or selling, please let us know.

When To (and Not To) List Your Home?

Is it a good idea to list during the holidays, like Thanksgiving or Christmas week…?  Definitely not.  How about other holidays or vacation seasons…? It depends.  Watch this video for my take on it.  

If you’d like to talk about listing your home in the near future, let’s talk!

Oregon Guitar Expo 2018

It was a blast to meet and hang with fellow music lovers as well as connect with folks who needed help in selling or buying real estate. It was a great way to combine the things I enjoy doing!  Here’s the summary clips of the expo and the lucky winner of the door prize.  Enjoy!

Shawn Realty is proud to be sponsoring the Oregon Guitar Expo event this year!  We are having a guitar giveaway (sweepstakes) at the door!  Win this awesome Fender Nylon String Guitar (ESC80, Retail value $169.99).  This guitar sounds very sweet.  Check out the video below. Hope to see you at the expo! ~Shawn

Rules: 1 prize guitar for drawing. 1 free fillout entry form per event participant at the expo. Drawing at 4 pm, winner will be contacted by email and phone call if not present.

Oregon Guitar Expo 2018
Milwaukie Elks
13121 SE McLoughlin Blvd.
Oak Grove, OR 97222

10:00 a.m. to 4:00 pm, Sunday Oct. 7,  2018

Admission $10
KIDS: 12 & under are FREE with a paying adult.
EXPO attendees are welcome to bring personal instruments through the door with their paid admission to sell or trade with dealers and or other show goers.  https://www.oregonguitarexpo.com

 

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Oregon Guitar Expo
Shawn Realty is proud to be sponsoring the Oregon Guitar Expo event this year!

How To Prepare Your Home For Sale

person using mop on floor

When it’s finally time for your home to be on display, you must make sure it looks the part as well. Before showings, getting your home in top condition raises the desirability factor and greatly impacts how others view it. Here are a few simple ways to prep your home for sale. Check off the list below to give your place that extra polish and an easier sale. With the right presentation, the value of your house will skyrocket and you’ll have buyers willingly pay more for it. Get help from family members, or consider hiring professional cleaners. This is the time to impress your buyers, and they will love your sparkling, refined home. – Shawn

Minor Repairs

Start with minor repairs before organizing and cleaning. This will make the following process much more efficient. It is helpful to save appliance warranties/receipts for updates and repairs.

  • Patch holes in sheetrock walls and touch up paint. Tip: If you bring a chip of old paint, hardware stores can closely match the color.
  • Re-caulk tubs, showers and sinks, and replace cracked windows, door handles, cabinet door knobs, and leaky faucets.
  • Exchange all light bulbs for 60-100 watt ones. Tip: Choose neutral-toned light, not blue or purple.
  • Properly maintain your HVAC system (or get a new air filter).

Declutter, Reorganize, & Depersonalize

After repairs, it is important to create a space that is clean, organized, and pleasant. Minimize displaying your personal style; the goal is to create a universally appealing environment. Opt for a minimal, monochromatic look.

  • Declutter: less clutter means more space! The more empty spaces the better because it appears BIGGER. Clear out things you haven’t used for more than six months and/or things you won’t be taking to your new home.
  • Donate! Don’t make the same mistakes as me, i.e bringing a lawn mower from Minnesota to Portland. It was so heavy, and I couldn’t even use it in my sloped backyard!
  • Box up items that you won’t be using in the next three to six months. Stack the boxes in the garage without blocking the electric panel, furnace and water heater. This way, your buyers’ home inspectors can access the areas.  Consider temporary storage space if needed; losing the trouble will be worth the cost.
  • Reorganize: Put daily essential items in a small box that can be easily stored and accessed, like kids’ toys.
  • Store high value items (jewelry, watches, etc.), prescription medication and financial documents in a safe, secure place.
  • Remove excess furniture (i.e extra bookcases, corner tables, old plants, chests, chairs, coat hangers, shoe cabinet by door), especially if any of these are blocking paths. 
  • Clear the kitchen counter space, unless they are eye-pleasing pieces, like your fancy coffee maker, knife set or cutting board.
  • Empty out at least one-third of your closet space. It will look more spacious, and buyers can see there’s enough room. Easy ways to add class to your closet is to hang shirts, facing the same direction, and neatly line up your shoes.
  • Depersonalize: Box away personal and religious items, including family pictures. Buyers need to feel like this could be their future home, not as if they are intruding in someone else’s.
  • The rule with decor is the simpler the better.  Stay away from overly personalized design (don’t do Roman decor), and think modern.
  • Change the bedsheets to calm, neutral colors.

Sparkly Interior

Create a comfortable, welcoming home from the inside out.

  • Clean windows, inside and outside; this will brighten your home and make it appear more spacious.
  • Shampoo your carpet.
  • Consider a professional deep-cleaning (see a separate list below).
  • Hang up fresh towels and replace bath mats and door mats.
  • Freshen up: open up all your windows, use carpet deodorizer, and spray a gentle air neutralizer (outlet plug-ins are way too strong and unhealthy).

Sparkly Exterior

The exterior is the first thing buyers will see before even walking through the front door. Make sure it leaves an excellent first impression.

  • Remove any unwanted weeds and plants in your yards.
  • Trim big bushes and trees if they block any windows. They make the house look smaller.
  • Add a splash of color with planters or flowers.
  • Add new bark dust.
  • Put in new light bulbs outside.
  • Put away trash cans.

Professional Cleaner’s List:

Remember when I mentioned hiring a professional cleaner? If you decide to go this route, make sure they thoroughly work on the following.

  • Bathrooms: toilets, bathtub, shower, shower head, sinks, faucets, floors, mirrors, light fixtures, medicine cabinet, vents, counters
  • Kitchen: oven, refrigerator, microwave, dishwasher, cabinets, counter surfaces, sinks, faucets
  • All Throughout the House: windows, interior light fixtures, exterior fixtures, fans, mirrors, light switch plates, walls, door knobs, baseboards, vents

Checklist Before Showings

Here is a quick checklist to run through right before showing a house. It’s the small details that matter!

  • Put away daily used items.
  • Clear and wipe down all surfaces.
  • Turn all the lights on.
  • Open all blinds and shower curtains. 
  • Close toilet seats.

    Now you are ready to show your home!  If you have any questions or suggestions, please let me know.  Shawn Yu 503-515-4499, shawn@shawn-realty.com.

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