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Agent2Agent in Seattle : Real Estate Advice

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  • Local Info115
  • Home Buying482
  • Home Selling98
  • Market Conditions46

Activity 36
Sat Jun 17, 2017
Claricehall answered:
Fri Jun 2, 2017
Landfill answered:
I unfortunately got suckered into using this poor excuse for real estate instruction. Demarcofamil describes this site's inadequacies perfectly. I wish I never gave them my money. I will be going to Rockwell for any further instruction. ... more
0 votes 11 answers Share Flag
Thu Apr 21, 2016
Kary Krismer answered:
I don't think you're likely to get data like that. Most agents don't limit themselves to certain neighborhoods these days.

Also, probably over half the agents aren't really active agents, so the numbers would be deceiving. ... more
0 votes 1 answer Share Flag
Wed Sep 9, 2015
Annabel Kuppens answered:
Hello Laura,

I have to say, it depends what school you go- online or not. I had been very fortunate to learn with Pro-Schools online. They have great competitive material for RE. They evaluate you as you go through various modules.

So far I am with a great company which still help to provide me free ongoing education and so far- everything has been useful information that I can utilize on my daily business. Good luck on your path and hope whatever your choice will be that it will lead you to success!
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0 votes 23 answers Share Flag
Fri Jul 11, 2014
Kary Krismer answered:
One thing to consider is whether the firm allows you to transmit documents to be submitted to the firm via email, fax or an online service like Skyslope. If you can't, then you will need to have an office close to your home or plan on working out of the office.

Note current licensing law now requires enhanced supervision for new licensees, but the level of that supervision probably varies from firm to firm. And beware of the education you receive after getting your license. A lot of clock hour courses are so bad that they are dangerous.
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1 vote 8 answers Share Flag
Wed Apr 2, 2014
answered:
Charlese,

I hope all is well in Texas today! If you do make it out here...WELCOME! On the lenders side I can tell you that business is picking up quite a bit. I am sending out Pre-Approvals on a daily basis in which I am advised regularly that we are in a multiple offer situation. There has been a steady increase in values as well. I used to be a Loss Mitigation manager with Wells Fargo in which I can advise that Washington/Pacific Northwest was one of the lowest affected in the downturn of 2008ish.

When you get out here I would love to meet you and your husband. Please do not hesitate to call me if you have any questions!

Christopher Watkins
NMLS - 555103
Division President
Diamond Residential Mortgage Corporation
2630 116th Avenue NE Suite 101
Bellevue, WA 98004

chris.watkins@thedrmc.com
Phone|425.896.7170|
Cell|503.804.4379|
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0 votes 3 answers Share Flag
Wed Mar 26, 2014
Bill Dunger answered:
here is what we look for

1. Strong borrower. 700+ credit usually
2. Strong property. Need to know why non-warrantable
3. Income – Low DTI – need to be under 45% back end
4. LTV – 80 or less
5. WA, OR, and CA

Guidelines to go off of, but each file is looked at on a case by case basis

bill@pcmtg.net or 253-232-5843
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0 votes 9 answers Share Flag
Fri Dec 6, 2013
Carmen Brodeur, JD answered:
Thu Sep 26, 2013
JR Thrasher answered:
FNMA generally does not manage their own assets. At least they didn't when I was doing REO a few years ago. Look to some of the larger asset management companies that have contracts with FNMA. Homepath properties are usually homes that FNMA takes back when they have to pay MI and are not available for sale until they go through the proper channels and paperwork, there’s no breaking in there. HUD sells some FNMA homes but agents don't get assigned listings through normal asset management channels.

J.R. Thrasher
www.SanDiegoRealEstateVeterans.com
619-929-0105
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0 votes 2 answers Share Flag
Thu Aug 22, 2013
Bill Eckler answered:
The "fun" element takes the topic of client gifts to a whole new level. We try very hard to offer meaningful gifts that people can relate to. The standard bottle of wine, champagne, or Home Depot gift certificate are cold and often meaningless...but fun?
Hmm....We have given sunset sailing adventures, locksmith services, movers, and the usual restaurant offering. The sunset sail would likely represent the closest "fun" type gift we have given.

Bill
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0 votes 23 answers Share Flag
Thu May 23, 2013
Mel Wagner answered:
Hi Aaron,

Sorry it wouldn't work with Godaddy. Good to know as I have quite a few things with Godaddy. The other place I am having issues with the Retaggr is getting it to work with my new computer which is Windows 7. Hopefully, they will get it resolved soon.

Warm regards,

Mel
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0 votes 4 answers Share Flag
Tue Oct 16, 2012
Annette Lawrence answered:
Robert,
It seems you have an excellent 'critical' mix of skills that can prove to be overwhelmingly beneficial in the development of a real estate business. Be fully aware, you WILL BE A SMALL BUSINESS OWNER and the buck stops right on your desk. That is both the reason to celebrate and despair. Those who have succeeded will assure you:
"They did it on their own!"
"They created their business!"
"Someone, however, held the door open for them to pass through."

Being a corp type from the IT environment you know about looking at results. You know to analyze cause and effect. You know not to be distracted by the noise in the system and to laser in on what matters. You need to read what I posted this morning about focusing on results..
http://www.trulia.com/blog/AnnetteLawrence/2012/10/i_ve_got_my_license_now_what

In the end, do what those who have gone before you instruct. Way too many newbies fall victim to the IDWDT syndrome. From the extensive entries on their "I Don't Want To Do That" list they set the framework of their own demise. What IS EMBARRASSING is failing. Do what you need to do. Follow the instruction of those qualified to provide such instruction. It's not rocket science. It's implementing the last 5% of the plan that makes the difference between a hobby and a career. Connect with an organization that has a historical record of RESULTS. From there it is up to you.

Best of success,
Annette Lawrence, Broker/Associate
Remax Realtec Group
727.420.4041
http://RealEstateMadeEZ.us

First Look: http://youtu.be/PumYpkgybXE
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0 votes 8 answers Share Flag
Sun Jun 24, 2012
The Cascade Team Real Estate answered:
Come see us at www.TheCascadeTeam.com

Real Estate Employment Opportunities
With The Cascade Team

Your invited to take part in changing the way residential real estate is being done in Seattle:

The Cascade Team is a Full Service Real Estate Company like no other, because of the tools, service and savings we provide our clients. We understand that in today's fast paced environment, we need to provide a high level of service, utilize technology to keep our clients up to date at all times and provide added value to both buyers and sellers in the transaction. Our missions is to provide our agents an environment promoting flexibility, professionalism and success. In today's ever changing real estate industry, you need a partner that keeps technology in the forefront, the marketing innovative and the training relevant to keep you ahead of the curve.

We focus on you and continually work to put cutting edge technology in your hands for FREE; with NO DESK FEES!


Save time and work smart with our suite of technology & online marketing tools:
•With our online interactive technology, more buyers than ever will see your client's listing
•Get a personalized web site branded to YOU for every listed property
•Backend lead management system
•FREE leading edge CD flyers for every listing
•Mobile MLS App (No Carrier Restrictions) to drive more buyer traffic
•Text code with call capture for every listing
•Virtual tours for all listings
•NEW Snapit Tags: Instantly connect prospects to more property info
•DocuSign electronic signature & E-Fax (no need to print your contracts)
•Facebook applications to expand listing exposure
•YouTube virtual tour auto submission
•Personal Blogs - so you can target your farm area
•
We brand the marketing to you, so your leads come directly to your email; allowing you to respond quicker and close more business!


The Cascade Team Real Estate also provides all of our Broker/Agents free of charge with:
•Full marketing support
•Social media and web training
•Community service opportunities
•FREE 1 hour staging consultation for your client
•Agent training... we are committed to ongoing education and training of our agent partners.
•Certified Transaction Coordinators - who market your listings and assist in managing the transaction
•Professional home stagers provide your clients a FREE in-home consultation paid for by the company

The Cascade Team Real Estate provides a complete change from those traditional "Brick & Mortar" Brokerages where you're just a number paying in a desk fee. At The Cascade Team, you are part of the "Family" and we have your back. We provide all of the marketing for your listing up-front! Both your clients and you get amazing service, and we don't make a penny unless YOU are a successful Broker/Agent!

Just imaging providing a higher level of service to your clients, saving them money, and having an marketing plan that is second to none for your listings. Sellers and Buyers will literally chase after you to list their home, The Cascade Team will provide the marketing and support for you, and you will be a busy, productive and $uccessful agent!

Requirements:

Our goal is to set a higher standard of professionalism, integrity and industry expertise by creating a team of real estate professionals looking to dominate in their farm areas. Client expectations are changing and we are on the leading edge. The ideal candidate will have 2-5 years experience as real estate professional. New agents are welcome to interview and ask about our mentor program.
•State of Washington Real Estate or Broker license
•Understanding of the current local Real Estate Market
•Excellent sales and client consulting skills
•Working knowledge of real estate contracts and forms
•PC literate in Microsoft Word, Excel, Outlook and the Internet

Opportunities like this don't go away, they just go to someone else if you fail to take action. To learn more about how you can be part of this real estate revolution, visit www.TheCascadeTeam.com or call 425.396.4569.

The Cascade Team has 5 real estate office locations.

The main office located just off Front Street in Gilman Village.
355 NW Gilman Blvd. - Suite 101
Issaquah WA, 98027

Our Second office is located in The Issaquah Highlands.
2423 NE Park Drive
Issaquah WA 98029

Our third office is in Downtown Seattle
1718 NW 56th Street - Suite 308
Seattle, WA 98101

Our fourth office in Bellevue
14205 SE 36th Street, Suite 100
Bellevue, WA 98006

And our newest office in San Diego
12526 High Bluff Drive, Suite 300
San Diego, CA 92130
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0 votes 7 answers Share Flag
Sat May 12, 2012
Karen Mcknight answered:
Hi Mimm,

In general, you need two pay stubs. However, you must be working in the same career / type of job for two years. I can refer you to an excellent, very knowledgeable lender who can answer this question for you with clarity, based on your personal situation.

if you are wanting to purchase soon, in the Seattle area, you will need to be "pre-approved" for a loan and many of us Realtors have great, very experienced loan officers who we can recommend, whom we know will get the loan closed. Getting a lender who can give you the upfront advice you need to get to the closing table is crucial in today's market.

You can find me at http://www.karenmcknight.com .

Warm Regards,
Karen
... more
0 votes 12 answers Share Flag
Tue Apr 17, 2012
John Souerbry answered:
In our area we have many brokers who are attorneys and have offered combined sales and legal services for many years. Best of luck!
Best place to advertise for hourly agents is on the bulletin board at the local coffee shop. The only agents I know who would be interested in working hourly would be those who don't have any business and can be found hanging out drinking coffee. I'm not being facetious, but I don't know any agents with competitive skills who would work for an hour wage if they could make a living with commissions and I'm sure you'd want to hire only top talent. ... more
0 votes 3 answers Share Flag
Mon Jan 9, 2012
Pacita Dimacali answered:
I've never known BOA to require a property to be on the market for that long to consider a less than full price offer. The important thing is to get that offer -- and if it's not where they think it should be, based on whom they hire to do the BPO, then they may counter the offer

If the property is HAFA approved and the price is already set, then that price should be the guideline for where the buyer should start with the offer.

If you're the listing agent, and you're not getting any satisfaction, try the BOA twitter account -- they're a lot more responsive and helpful than if you go through the normal channels.

Good luck
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0 votes 17 answers Share Flag
Wed Dec 21, 2011
Vkhomes answered:
You've all been very helpful. Thank you. Now if you can help shed light on the most recent event: my buyer made an offer for $30K under the list price, because that's what comps show the value to be. Listing broker comes back immediately and says that she priced it higher on purpose, to cause it to sit on the market for 30 to 60 days, to show the bank that the market won't bear the higher list price. And hope to submit a reasonable offer after that amount of time. She said that the seller would counter back at full price because it's only been on the market for a week and the bank would counter back with that anyway.

I don't get this strategy. Seller wants to move back to Arizona, asap; the property is near perfect and in fact, overimproved for the neighborhood. Why would he counter? Does the listing broker really know what BofA would counter with? I thought that a signed around offer gets submitted; the bank orders a BPO; makes a counter, a rejection, or acceptance based on that.

Plus if my buyer accepts the counteroffer from the seller at full price, and it is submitted to the bank, won't they still order a BPO to learn the market value? And THEN even if they accept the offer at full list price, won't appraisal then become an issue?

Have any of you heard of this strategy, overpricing to cause longer market time?

I hate SS's :(. I had told my buyers the sellers don't care about the offer price, the bank does...and if it's too low based on the BPO, they will counter. Now I have to tell them either offer to pay full price now or wait 30 days and resubmit their original offer. What would you do?
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0 votes 9 answers Share Flag
Wed Aug 10, 2011
Natasha Anderson answered:
Hi Joni,

If your interested in investing, there is an event that I think would be really valuable for you to attend. There will be other investors there and Real Estate Brokers who specialize in investment properties. Let me know if your interested and I can email you the details. It will be downtown Bellevue on Tuesday the 16th. ... more
0 votes 13 answers Share Flag
Sat Jun 25, 2011
Craig Blackmon answered:
I have no idea what a "Buffini Coaching" agent is. However, I am a lawyer as well as a real estate broker. I provide true, exclusive buyer representation in my capacity as an attorney. And I charge a flat fee of $3995 with a rebate of the commission to my client at closing. At this price point, the buyer would get about $15k back at closing which would probably pay their closing costs in full.

As for our experience, we have handled probably 200-300 transactions to date, although some of those strictly in an attorney capacity (we became brokers two years ago and prior to that acted only as attorneys).
... more
0 votes 5 answers Share Flag
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