Should You Hire a Broker, or For-Sale-By-Owner?

809 7th St Anacortes, WA - (360) 941-3734

Selling a home is not a simple as sticking a sign in the yard and placing an ad on Craigslist. Many For Sale by Owner (FSBO) sellers don’t realize the amount of work, expertise and time it takes to sell a home. More often than not, FSBO sellers eventually turn to a real estate agent to sell their home.

Statistically, home owners who hire a real estate agent net more money for their home than they do when selling the home themselves.

When selling your own home, you are responsible for all the marketing costs for flyers, signs, online listings and other potentially unforeseen expenses. These costs can add up to hundreds of dollars depending on how much marketing you are willing to do.

Sellers often forget that selling their own home is time consuming – and as the saying goes, “time is money.” Selling your own home requires long hours of research and marketing efforts, not to mention hiring a professional to write a contract for you to avoid any liability.

Although it is possible, in our experience, sellers who want to save the sales commission rarely do so. Most home buyers use a real estate agent. The few who don’t are bargain hunter buyers seeking FSBO homes, expecting to save money. Buying for less is their main goal and this is typically reflected in low offers.

Opportunistic speculators and investors usually offer less for a FSBO home. Without an agent to represent the owner’s interests, sellers may end up accepting an offer below the value of their home.

Real estate professionals are knowledgeable about the local market and know the highest price a home is likely to bring. A real estate professional can advise the seller on the right price for their home to get the most money.

A real estate agent has experience, expertise and a large network of personal and professional contacts with other agents with the local area and beyond. Client, agent and agency relationships will boost the marketing of your home and expose it to the largest number of potential buyers.

In contract negotiations, a real estate agent not only is trained to negotiate with your best interest in mind, but is also in a better position than an emotionally involved seller. The result will be a more profitable contract for the seller.

Showing and marketing a home is a full time job and many FSBO sellers just don’t have the time. Are you really ready to put your life on hold for showings at all hours? Do you even know if the person interested is a “real” buyer? More importantly, will you be comfortable with showing your home to anyone who knocks on your door? If you answer “no,” you might want to reconsider selling your home without an agent. It will not only be time consuming and stressful but it can also lead to a potential dangerous situation.

Feel free to contact Jean Groesbeck & Assoc. LLC. for a complimentary, no obligation, real estate market analysis of your home. We are the #1 seller of pre-owned properties in Skagit County and know the importance of getting you top dollar for your home!

We are available daily at (360) 941-3734 or via email at Jean@JeanGroesbeck.com.

Community Profile: Mt. Vernon

OLYMPUS DIGITAL CAMERA

Mount Vernon, is a vibrant city nestled in the picturesque Skagit Valley.  Located just 1 ½ hours from the hectic lifestyle of Seattle and Tacoma, Mount Vernon feels worlds away, and that is what the residents strive to preserve.

Mount Vernon’s quirky residents create world-renown art and music while preserving culture and its island time lifestyle. First incorporated in 1889, Mount Vernon was rated the number one small town in America by the “New rating guide to life in America’s small cities”. Its neighborhoods are small, quaint and family-centric.

Located on the Skagit River, it has excellent public transportation systems connecting residents to Everett, Seattle, Camano Island, Bellingham and the San Juan Islands. In downtown Mount Vernon, The Skagit Station is the first multi-transportation hub for Public and Private Transportation. There you can get on the SKAT buses, Greyhound, the Amtrak Cascades, and private taxis.

Downtown Mount Vernon offers many shopping options, from toy stores, local cafes, art galleries, jewelry shops, clothing stores and a co-op. Every Saturday there is a Farmers market that sells art and food products made from local organic sources.

For more information, visit www.MountVernonWA.gov.

Fabulous Custom Main Level Living Home in Spinnaker Cove

AERIAL FRONT

Enjoy fabulous sunsets and island views over Skyline Marina from this quality main level living Spinnaker Cove home at 5203 Maritime Court in Anacortes (MLS #1080084).

Boasting a spacious custom kitchen with granite counter tops and stainless high end appliances, including a Viking gas range, you can entertain into the open living room and enjoy its beautiful rock gas fireplace and outdoor views.

KITCHEN

LIVING AND KITCHEN

The master suite with private deck and luxurious bathroom features Travertine floors, walk-in closet, jetted tub and a separate shower.

MASTER BATH 2

The fully finished lower level features a family room and two bedrooms as well as a custom garden in the beautiful back yard.

AERIAL BACKYARD

Contact Jean Groesbeck & Assoc. LLC in Anacortes today to schedule a showing of this home at (360) 941-3734!

When is the Right Time to Sell Your Home?

timeisnow

Have you been interested in selling your home, but still wonder when the best time will be?

Here are a few reasons why NOW is the time to list your home for sale in Anacortes:

– SUPPLY AND DEMAND –

Inventory in Anacortes is low, but the demand remains high! Because of this, it is currently a sellers market. Homes listed for sale that are priced correctly are selling very quickly!

– FEWER CASH BUYERS – 

In the past few years, all-cash and investment buyers have maintained the real estate market. With fewer all-cash buyers, the price growth in the housing market will make for more stable and sustainable growth.

– INCREASE IN INTEREST RATES –

It is predicted that mortgage rates are going to rise in the near future; this will encourage buyers to make their move in purchasing sooner rather than later.

– RISING COST OF RENT –

As the price of rent increases, tenants become potential buyers and want to invest rent money towards owning a home.

Before you decide if now the right time to sell your home is, contact Team Groesbeck to discuss your options. Our team of honest and experience brokers will guide you every step of the way, beginning with a no obligation comparative market analysis (CMA) of your property, in addition to a complimentary staging consultation for our clients.

To schedule an appointment with us or for more information, we are available daily at (360) 941-3734 or by email at Jean@JeanGroesbeck.com. As the #1 seller of pre-owned properties in Skagit County, Jean Groesbeck & Assoc. are market experts and can assist with all of your real estate needs, providing you 5 Star Real Estate Services since 2002!

Gorgeous Guemes Island Home With Beach Access

5410 W Shore-35

Perfectly remodeled, 5410 West Shore (MLS #1077246) on Guemes Island is a masterpiece home that was taken down to the studs and completely transformed into an island oasis.

view with cracked window

From the wood-wrapped wall of windows to the elegant cathedral fir ceilings with exposed beams, the architectural craftsmanship is noticeable throughout.

5410 W Shore

The spacious, bright and functional dream kitchen features solid fir cabinets and slab granite. Enjoy stunning water views from your patio, living room, kitchen, master bedroom and even from the hot tub! Beach access is just steps away!

5410 W Shore-14

For more information or to make an appointment to view this home, contact Jean Groesbeck & Assoc. LLC at (360) 941-3734 or at Jean@JeanGroesbeck.com.

Maritime Speaker Series Continues Feb. 18 at Anacortes Public Library

apl-header

Attend the next presentation of the Maritime Speaker Series at the Anacortes Public Library on Saturday, February 18 at 4 p.m.

The topic will be “Cruising in British Columbia: Favorite Places” and will be presented by author Peter Vassilopoulos.

The Anacortes Public Library located at 1220 10th St.  For more information, please contact the library at (360) 293-1910.

For more community event and real estate related news, visit AnacortesRealEstateBlog.com regularly and follow Jean Groesbeck & Assoc. LLC on Facebook!

Dog Obedience Classes in Anacortes to Begin in April

KODAK Digital Still Camera

The City of Anacortes is offering a dog obedience class for beginners at Whitney Elementary.

Classes will begin April 12 and will run through May 24, from 6 to 7 p.m.  The fee is $84 and classes will be taught by Marie Padovan.  Attendance at the first class is mandatory and dogs are not permitted for the first day only. Space is limited, so be sure to register in advance!

For more information, visit the Parks and Recreation page at www.cityofanacortes.org.

Friends of Skagit Beaches Lecture Feb. 17

logo

As part of the Friends of Skagit Beaches Protecting Skagit Marine Resources lecture series, join the group Friday, Feb. 17 at 7 p.m.

The topic of discussion will be “The Fishes of the Salish Sea,” with Jay Orr Ph.D, research fisheries biologist, NOAA National Marine Fisheries Service.

Lectures will be held at the Northwest Educational Service District 189 Building located at 1601 R. Avenue in Anacortes.

Friends of Skagit Beaches was established in 2008 by a group of Skagit County Beach Watcher Volunteers to develop local financial support for volunteer programs and activities in Skagit County aimed at protecting our marine shorelines and nearshore waters through education, citizen science, and stewardship projects.

For more details, visit skagitbeaches.org.

 

Timing is Everything!

now

All home sellers want the most money for their home within the shortest time frame possible. How do you know what is the right price to ask for when listing your home for sale?

Timing is everything! Some real estate agents use the assessed value of the home as a basis for value. The assessed value of your home is not necessarily today’s market value. For example, Skagit County home values are only based on a drive-by viewing done once every four years!

What if you remodeled the interior of your home or added a room to your home? What if a neighbor’s tree was removed, improving your view? Or a neighbor’s tree now blocks your view? All of these have dramatic impacts on price.

Home staging also impacts the appeal of your home and pricing. Are you willing to do some staging? It has been proven that staged homes sell for a higher price, and in less time, which is why we offer all of our sellers free staging consultations.

Recent home sales impact the value of your home, but only if the right “comps” are used. Only homes of a similar age and style should be used, and if your home has been completely remodeled, then the “effective year built” could be used to determine the right comps to use. However, if only the kitchen was remodeled and the rest of the home is dated, then the actual year built is what should be used with an adjustment for the remodeled kitchen.

Current inventory of homes for sale with your amenities is a critical factor to consider, as is the absorption rate (how many months of inventory are on the market) and whether the inventory is growing or shrinking. The market price of real estate is always based on supply and demand, and demand is high in Anacortes currently while inventory remains low!

How much money you have put into your home does not always increase the value of your home. For example, if your home is in Anacortes and your neighbors with the identical home converted one bay of their double car garage to a family room and you have a two car a garage, your home is probably worth about $10,000 more, even though your neighbor has more money invested into his home.

The real estate market has shifted.

If you are considering a move, this is an excellent window of opportunity to sell because we are low of inventory and the pent up demand of buyers is being felt with active sales in most price ranges.

If you are thinking of selling your home in 2017, please call Jean Groesbeck & Assoc. LLC  today to discuss what you should be doing now be to be ready sell your home quickly. We can be reached daily at (360) 941-3734 and via email at Jean@JeanGroesbeck.com.

108 Lummi Dr. – Main-Level, Waterfront Living!

 

108 Lummi-24

108 Lummi Dr., in the La Conner community of Shelter Bay, (MLS #1074975) offers main-level, waterfront living. This custom home features an open floor plan, beautiful custom finishes with concave ceilings in the foyer and living room, as well as 2 bedrooms and 2 full baths.

108 Lummi-4

The formal dining area has a wet bar to entertain with ease, and the gorgeous Craftsman dream eat-in kitchen boasts Granite counter tops with plenty of prep space, cabinet space, stainless appliances, hardwood floors, breakfast bar, water views and is open to the living area.

108 Lummi-17

The luxurious master with en-suite features Travertine tile floors, counters and walk-in shower.

108 Lummi-22

Enjoy views of Rainbow Bridge and boats from your large back patio. This home also includes a heated storage basement, 2 car garage and plenty of driveway parking for a boat, RV or extra vehicles. 108 Lummi Dr. was built in 1994 and is approx. 2,494 SF.

For more information or to schedule an appointment to view this home, contact Jean Groesbeck & Assoc. LLC in Anacortes at (360) 941-3734 or Jean@JeanGroesbeck.com.