Paul F. Simpson, CRS

  • I'm a:
  • Real Estate Professional
  • Company:
  • Windermere
  • Location:
Paul F. Simpson, CRS,  in Seattle
  • 2 Answers
  • 1 First Answer
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About Me
I am a professional real estate consultant. You will find that my experience and extensive knowledge of all aspects of the real estate world are invaluable to you when you are making your important real estate decisions.

I have been a licensed real estate professional in the State of Washington since 1981. I earned my Associate Brokers license in 1987 and for a time was part owner of a small local brokerage in Seattle. I joined Windermere Real Estate Northwest in 1992 as an Associate Broker.

I'm a Realtor® (Member of the National Association of Realtors® aka NAR), a member of the Washington Association of Realtors® (WAR) and the Northwest Multiple Listing Service (NWMLS). In addition, I have earned several professional designations including the Certified Residential Specialist (CRS), (a designation earned by fewer than 5% of agents nationwide), Graduate Realtor Institute (GRI), Accredited Buyer Representative (ABR), Accredited Staging Professional (ASP), and most recently the Seniors Real Estate Specialist (SRES).

My goal is to be your personal real estate consultant for life. By concentrating 100% of my energy on your priorities and providing the world class service that you deserve, I am able to help you reach your goals. In this way I can earn your trust and respect so that you will look forward to referring my services to all the people that you care about.

After all, your family, friends and associates deserve to experience the same world class service, and they will thank you for referring them to an experienced professional consultant!!!
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Paul F. Simp…'s Questions (0)
Paul F. Simp…'s Answers (2)

What is holding people back from buying?

Paul F. Simpson, CRS answered:
My short answer to your question is attitudes like the one expressed in your question, and especially all the negative press and the negative perception in the media.

Nothing is holding back qualified buyers from buying a place to live.

Banks are back in the business of banking. The crazy world of non-banking of the past few years which featured 100% financing with no documentation, limited documentation or outright fraud and which contributed to the gold rush mentality is gone. Unfortunately so are the fraudulent crooks who made all the bad loans they knew would never work for the borrower (and who should all be prosecuted for their despicable behaviours-but that's another topic).

Nothing is holding back qualified buyers. In fact, they are out in force and are able to command a bit more respect from Agents and Sellers now that the banking industry has gotten over it's insane period.

A typical Buyer looking for a place to live in a normal market requires good credit, a down payment and due diligence. Now that the 'air' loans are gone, the speculators who helped drive up prices for quick profits have left the market.

True investors are now in the market as they should be: looking for good properties in the better locations that make financial sense. Any 'flippers' still in the market are the saavy buyers they have always been and there are opportunities out there for good investments to be made.

And home buyers who qualify the 'old-fashioned way' are buying homes every day despite rising gas prices, presidential elections, wars and such. As a few of the answers herein have mentioned, if you are a qualified buyer now is a great time to buy.

In fact if you are realistic in pricing you may even be able to buy contingent on the sale of your existing home! Shocking but true now, unlike the past few years when escalation clauses attached to 100% fraudulent loans sent the contingent buyers out the door with little or no respect.

As someone once said 'The worm turns'. Go out and buy a home people! Don't miss out on the great home selection available in most markets. - Tue May 20 2008, 22:24
Paul F. Simpson, CRS answered:
Contact your favorite real estate attorney. The rights of all parties involved should be clearly defined in the contract you signed with the potential buyer and in the terms of your listing agreement with the real estate company you hired. - Sun Apr 13 2008, 16:17
My Listings
2101 Nob Hill Ave N, Seattle, WA 98109 2101 Nob Hi…
$349,888
2 br  1.0 ba Listing Web Site
717 N 104th St, Seattle, WA 98133 717 N 104th…
$419,950
3 br  2½ ba Listing Web Site
View all 2 listings
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