Thinking of Listing Your Property “For Sale By Owner”?

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Homes for sale by owner, or FSBO, transactions are commonly seen in seller’s markets or whenever homeowners want to maximize their profits by not having to pay commission.

Statistics show that selling your home with the assistance of a professional real estate agent like Anacortes-based Jean Groesbeck & Assoc. will garner you a higher profit, enough to cover the commission as well as put more money in your pocket. According to the National Association of Realtor®’s 2016 Profile of Home Buyers and Sellers, the average FSBO sales price was $185,000, while the average price for a home represented by an agent was $245,000. That’s a difference of $60,000!

Houses for sale by owner leave a seller to do the negotiating. You’ll be relying on your own skill to finalize a contract, leaving yourself open to potential legal problems and a smaller profit when all is said and done.
Here are some of the top reasons why for sale by owner homes can cause major headaches.

Marketing your home online isn’t as easy as you think
Using an agent automatically offers widespread exposure for your listing through the multiple listing service. Your real estate agent will also have the means to promote your house to fellow agents to share with their clients. FSBO sellers would have to shell out big bucks for advertising and still might not reach the most important audience.

Homes for sale by owner could be priced wrong
Those who put their homes on the market as FSBO tend to set a price based on an online assessment tool or the lofty sum that the neighbor down the street claims they were offered—two methods that are liable to put the listing price way off.

A real estate agent will provide an accurate home value based on a comprehensive market analysis to help you arrive at the right listing price. The goal is to make sure you’re pricing your home in the sweet spot—not too high so that you are turning off potential buyers, and not too low so you are leaving money on the table.

You could underestimate (or overestimate) how much money to spend on curb appeal
Even if you’re not up for a full home makeover, your agent has an eye for detail and can recommend simple, budget-conscious swaps that can translate into real dollars when it comes negotiation time.

Showings
FSBO sellers don’t realize how draining it can be to set up showings. And on top of scheduling actual potential buyers, you also have to deal with both looky-loos, whereas your agent will handle all the scheduling and staff for the tours for you, so all you have to do is quickly tidy up and vacate.

In fact, that is another key reason to have an agent: Buyers can get uncomfortable with a seller hanging around during the showing. Agents also will weed out unsuitable offers and collect feedback that potential buyers might be unwilling to share directly with the seller, which can make subsequent showings even stronger.

Preparing your own paperwork can be tricky
The closing process can entail more than 20 pages of complicated paperwork, including the contract and addendums designed to cover all of the situations that could go wrong. Your agent will take care of all property disclosures and corresponding documentation to avoid future liability.
Considering selling your home, or are you ready to list now? Licensed under Coldwell Banker Bain, Jean Groesbeck & Assoc. LLC can help! Located at 809 7th St. in Old Town Anacortes, Team Groesbeck can be reached daily at (360) 941-3734, (360) 899-5027, or at Jean@JeanGroesbeck.com for all of your real estate needs!

We look forward to working for you!

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Buying or Selling Soon?

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Are you going to be buying or selling a property soon? There are expenses that you may not have considered yet; such who’s responsible for paying which fees, what does a real estate professional do, or other common questions including:

What is the standard compensation structure for real estate professionals?
For the most part, real estate professionals are compensated by commission, based on a home’s selling price. Commission rates vary, as does how the sales commission will be divided between the agents on the selling and buying side of the transaction. When a seller signs a listing agreement, their contract is with a brokerage firm. All fees must pass through that brokerage firm. Typically, the seller’s representative—and your buyer’s rep—will be paid by the listing broker after the transaction closes.

What services can I expect to receive?
The terms vary from state to state, and each buyer’s representative can set their own guidelines within their state parameters and their brokerage practices. So you should clarify, preferably in writing, the services you are entitled to receive before you start viewing properties.  It’s also important to understand that if you do buy a property, your buyer’s rep will probably receive compensation through the listing broker.

Jean Groesbeck & Assoc. LLC in Old Town Anacortes has a full-time team of brokers who are available daily to work for you, whether you are buying or selling. Not only do we negotiate pricing based on trends in similar homes or within the area, we market your home to sell using professional photography, advertisements and online marketing, in addition to hosting showings, open houses, tackling the paperwork, inspections and more.

Do you know that statistically homes sold using a real estate professional net more of a profit than those transactions that are for sale by owner? Team Groesbeck can address any questions you have about the buying and selling processes, as well as put you in touch with local lenders and more!

Jean Groesbeck & Assoc. LLC is licensed under Coldwell Banker Bain and can be reached at (360) 941-3734, (360) 899-5027 or Jean@JeanGroesbeck.com.

 

Remodeled One Level Home in Excellent Anacortes Location

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2918 M Ave. in Anacortes (MLS 1206280) is a remodeled one level home on a corner lot in an excellent location!

Enjoy views of Mt. Baker, Cap Sante, & the marina from your remodeled kitchen with granite counters, new appliances, new hood, new sink and faucet.

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The open floor plan allows you to enjoy the warmth of the fireplace insert throughout!

One of the doors of the attached 2 car garage is 10′ high, plus there is an additional detached garage/shop with WC, a concrete pad for RV, the patio is wired for hot tub, lovely fruit trees and lots of room for toy storage.

Contact Jean Groesbeck & Assoc. LLC, licensed under Coldwell Banker Bain, DAILY at (360) 941-3734 or Jean@JeanGroesbeck.com for all of your real estate needs.  Jean Groesbeck & Assoc. LLC is located in Old Town Anacortes at 809 7th St.

Stunning Contemporary NW Architecture in Anacortes

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4302 Marine Heights Way (MLS 1201903) in Anacortes is a stunning Northwest contemporary home featuring gorgeous panoramic views of the San Juan Islands, Burrows Bay and the Olympic Mountains and is listed for $1,350,000.

Built in 2011, the home offers a lovely open floor plan among 2,531 SF with 3 beds and 2.25 baths.  The master bedroom is large and has a luxurious and spa-like master en suite.

Additionally, the home has a huge modern kitchen with Liebherr fridge and multiple chefs’ stations and a large slider to the patio leads to outdoor living areas including a fireplace, swim spa and stone built-in bars; the home also features steel & glass softened with wood beams, wood wrapped windows and gorgeous built-ins.

For additional information about this must-see Anacortes property or for any of your real estate needs throughout Skagit County and beyond, Team Groesbeck is available daily to work for you.

Located at 809 7th St. in Old Town Anacortes, Jean Groesbeck & Assoc. LLC is licensed under Coldwell Banker Bain and can be reached at (360) 941-3734 or Jean@JeanGroesbeck.com.

Move-In Ready, Single Level Home in Skagit County

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1803 E Fox Hill St. (MLS 1204699) in Mt. Vernon is a move-in ready and spotless one level home located on a quiet cul-de-sac, listed at $250,000.

Featuring 3 total bedrooms including a spacious master suite and 1.5 total baths, the home’s fully fenced yard has a shed for additional storage, as well as raised flower beds, compost box, patio, dog kennel on a concrete slab with dog house and plenty of room for an RV!

The attic was also configured to provide additional storage space.

1803 E Fox Hill St. is located just two blocks to College Way, which makes for easy access to I-5 and travel about Skagit County.

For additional information about this property or to schedule a showing, please contact Jean Groesbeck & Assoc. LLC, licensed under Coldwell Banker Bain, at 809 7th St. in Old Town Anacortes.  Team Groesbeck can be reached daily at (360) 941-3734 or via email at Jean@JeanGroesbeck.com.

Country Estate Home on 5+ Acres in Beautiful Bow

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5268 Island View Way in Bow (MLS 1199494) is a fantastic home on a beautiful property more than 5 acres in size.

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Comprised of approximately 3,790 square feet and built in 1999, 5268 Island View Way offers serenity within the privacy of secure gates.

Designed for fun and entertaining, entertain guests over the expansive views of Skagit Farmlands, the San Juan Islands and sunsets over the Olympics.

Featuring main level living, 3 bedrooms, 2.75 baths, beautiful built-ins with exquisite finishes, an amazing and large kitchen with 51 drawers and pantry, in addition to abundant gathering spaces, this country estate home is a must-see.

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Additional features include: an attached 3 car garage, detached 3 car garage/shop, green house, hot tub, fenced vegetable garden, homevac, the home is wired for a generator, surround sound speakers inside and outside, an expansive wrap around deck and more.

Located in Old Town Anacortes and licensed under Coldwell Banker Bain, Jean Groesbeck & Assoc. LLC is available daily for all of your real estate needs.

Please contact with any questions or to schedule a private showing of this must-see home: (360) 941-3734, (360) 899-5027 or via email at Jean@JeanGroesbeck.com.

Spotless Single-Level Anacortes Home: 1808 Cedar Springs Ln.

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1808 Cedar Springs Lane in Anacortes (MLS 1198587) has been updated in 2017 and is a spotless, move-in ready home that provides stress free living.

Listed at $400,000, this single level home has 2 bedrooms, 2 baths, an over-sized 1 car garage with an epoxy floor and more than 1,300 SF of superbly used space.  Built in 2004, the exterior of the building and the beautiful grounds are maintained for you.

This home has a very private patio that opens up to an expansive lawn bordered by lush vegetation. It is newly painted, has new granite and quartz surfaces and new fixtures.  Set in a great in-town location, 1808 Cedar Springs Lane is located across the street of Ace of Hearts and the dog park.

Contact Coldwell Banker Bain/Jean Groesbeck & Assoc. LLC daily for all of your real estate needs!  Located in Old Town Anacortes at 809 7th St, Team Groesbeck can be reached at (360) 941-3734 or Jean@JeanGroesbeck.com.

 

5 Ways to Prepare Your Home to Be Listed for Sale

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Will your home soon be listed for sale?  Here are some tips to consider to make your home look its best!

Repaint the Trim
Fresh baseboards, crown molding and trim around doorways and windows make a big impact. Focus on the interior of the home first and if you are able, do the same for the exterior. Adding a new layer of paint to the trim can bring instant life back into your home, making the space feel fresher and cleaner.

Hire a Professional House Cleaner
A professional can undertake a thorough top-to-bottom scrub down, which includes cleaning the grout, polishing the faucets, wiping down the ceiling fan blades, and dislodging every crumb out of that irritating gap between your stove and counter top and beyond. A clean house makes a difference in the eyes of a buyer and can lead to the “wow” factor that may help put your home sale over the top.

Steam Clean the Carpets
When was the last time you had the carpets in your home professionally steamed-cleaned? This type of cleaning can lift the smallest stains and imperfections out of your carpets. Your carpets will look as new as possible, at a substantially cheaper price than the cost of a replacement.

Clear the Clutter
Clutter overwhelms a space, distracting from your home’s more beautiful elements. Many people won’t notice the high ceilings or large windows if their attention is refocused on a pile of old magazines, heaps of unopened mail, and random wires, cables, tools, board games and DVDs scattered about everywhere. Clutter also makes a space feel smaller. Your walk-in closet might be amply sized, but if it’s overstuffed with old clothes, jackets, boxes, suitcases and bags, your prospective buyers will think the closet space is insufficient. It doesn’t matter that the closet is actually bigger than the buyer’s first apartment; all they’ll see is the mess. You don’t want to showcase an empty closet – this looks uninviting – but you don’t want one that’s bursting at the seams, either.

Stage the Home
Professional investors often hire ‘staging companies’ to fill a home with furniture in order to showcase its potential.  If you’re still living in your current home, you’re already one step ahead of the game: your space is already furnished. Now you just need to up the ante by a notch, so that your home looks magazine-worthy.
Do you know that Jean Groesbeck & Assoc. LLC offers its clients staging services? We know the impact a staged home has on a potential buyer and we believe in staging your home to sell!

Based in Anacortes, Team Groesbeck can be reached daily for all of your real estate needs at (360) 941-3734 or Jean@JeanGreoesbeck.com.

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Rare Single Level Living in Mt. Vernon’s Eaglemont Community

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JOIN TEAM GROESBECK SAT., SEPT. 30 FOR AN OPEN HOUSE FROM 11 A.M. TO 1 P.M. AT 4701 BEAVER POND DR. N IN MOUNT VERNON

Located at 4701 Beaver Pond Dr. North (MLS 1194609) in Mt. Vernon, this is a rare single level home within the desirable Eaglemont community and is listed at $475,000.

Featuring 3 bedrooms, 2.5 baths and approximately 2,388 SF, RV parking and a 2 car garage, this home is a fantastic find.

Enjoy a formal living area and dining room or cozy up to the convenient gas fireplace in the family room.  The spacious and gorgeous kitchen features granite counters, elegant hardwoods, stainless steel appliances and a breakfast nook!

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The ample master suite has a generous walk-in closet, walk-in shower, dual vanities and soaking tub.

Beautifully landscaped with a relaxing waterfall, unwind on the deck and take it all in!

Located in Old Town Anacortes, Jean Groesbeck & Assoc. LLC is licensed under Coldwell Banker Bain and can be reached daily at (360) 941-3734 for all of your real estate needs throughout Skagit County and beyond!

Excellent 15,000 SF Anacortes Lot with Development Opportunity

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Located off D Ave. in Anacortes (MLS #943659), this 15,000 SF lot could be a great investment opportunity set in an excellent location!  The property has the potential to be subdivided or for two duplexes to be built with a conditional use permit.

Easily accessible to Hwy. 20, Oak Harbor and NAS Whidbey Island are just a short drive away. City sewer and water are available, and electricity, phone and cable are in the street.

Contact Jean Groesbeck & Assoc. LLC in Old Town Anacortes for more information or to view this property at (360) 941-3734 or Jean@JeanGroesbeck.com.