What is the “standard commission” to pay when selling your home?

The truth is there is no standard commission. In fact, there was a large “east coast lawyer” lawsuit regarding this issue. The big loser from the law suit was the National Association of Realtors and its members. I’d like to say that the big winner was the consumer, but I’m not sure that’s exactly accurate. … More What is the “standard commission” to pay when selling your home?

When is the best time to put my home on the market?

Historically, the very best time to put your home on the market has been late spring, through the summer, and up until school starts.  That was the rule of thumb up until the Covid crisis.  During and after the pandemic, those rules went out the window. Similarly, listing a home in the period of time … More When is the best time to put my home on the market?

Buying new construction vs. an existing home

In Thurston County there are several new subdivisions under construction.  Builders involved vary from the cookie-cutter builders like DR Horton to the more boutique builders like Rob Rice Homes.   These homes are hard to pass up, due to the modern features, open floor plans and safety features, like sophisticated overhead fire suppression sprinklers.  Many of … More Buying new construction vs. an existing home

What I learned in 2024

In the beginning of 2024 the experts were sounding the alarms for a very rough year for real estate professionals.  By most measurements, they were correct.  Real estate transactions that closed in 2024 were the lowest in 35 years.  Prices in 2024 were up nationally 2.5 percent. Mortgage rates hit a 23-year high in mid-October.  Many … More What I learned in 2024