Safety can't be stressed enough for agents and sellers of property….

Safety is always a concern of mine for both me, my team, and my clients. Oddly enough, agents work in a profession where we and our clients are frequently targeted for a variety of opportunistic crimes such as burglary, assault, rape, and murder. Recently, notices went out from our local MLS letting agents know that a strange man was attempting to lure female agents to vacant properties. I’m pasting in the full content of that original notice. There has been an update on the MLS site since then that actually has a photo available of this potentially dangerous person.

“February 6, 2008. NWMLS has recently received reports of potential dangerous situations regarding a man attempting to lure women agents to homes.

A man named Christopher Heath (from Vermont) is trying to get female agents out to vacant properties. Most of the properties he is interested in are vacant and secluded. He has been arranging to meet with several agents in the area (Duvall, Monroe, Kent).

Heath claims to be relocating here to work at the Fire Academy in North Bend. He claims to be a widower, retired firefighter, cash buyer searching for rural setting with room and privacy for the 2 search-and-rescue dogs he has for his job here with the Seattle Fire Department.

He originally was looking for a house priced between $400,000 and $600,000. He later changed the price to a million, saying it was going to be a cash deal and that the money would be wired from Merrill Lynch.

One agent was feeling uncomfortable with the situation and began a background check. The Fire Academy has never heard of him. He had called from a New York phone number so she did a reverse search — it was a doctor’s cell phone # — when she called the number the next day it had been cancelled.

A 2nd agent called the number she had been given in Vermont and spoke to his wife (he claimed to be a widower). She said there are about 10 different female real estate agents leaving him messages and she found many Seattle area agents on his home computer. According to his wife, he was in the middle of taking out a home equity loan on his wife’s (of 4 months) home. His wife just happened to be home and saw the appraiser measuring her home – a 30-acre horse ranch in Vermont.

Another agent arranged to meet with him today (February 6). She told him by voice mail and email that they would be meeting at her office to introduce themselves in person and to go over their tour and initial real estate paper work. She told him it was their company policy to meet new clients at their office, introduce them to their office manager and to make a copy of their driver’s license. She has not heard from him since.

His wife believes he is now in New York heading to Washington.

The situation has been reported to the police.

Please be careful! If this man contacts you, contact your local authority.”

Making this seem even more important to bring to public attention was news that RE/MAX agents received yesterday of a murdered colleague in Canada. The same type of tactic used by this guy noted above was used to lure a 24-year old agent to a vacant home where she was then stabbed to death. Purportedly, she had expressed concerns about going out to this viewing for a variety of reasons based on the calls she received asking for the showing. I wish she’d listened to her gut and not gone but we can’t change what happened now, but I can certainly put out a warning to others in hopes that they’ll escape a similar fate in the future.

When it comes to sellers, I also speak strongly about safety measures. Just because a sign is in your front yard doesn’t mean you need to open the door to just anyone because they ask. Follow all the same security procedures you would if the house wasn’t on the market. If someone comes to the door, ask them to set up an appointment with their agent, or your own agent so that there is a layer of qualifying put in place. If you happen to be home and an agent comes to your door, to make sure they really are an agent make sure they first check in with the keybox. Only agents have the products available to them to open these boxes. The key boxes are geared specifically to capture electronic data so that the people going in and out of your home can be monitored, plus it allows for follow up and feedback, also necessary for the agent selling your home to do their job most effectively. This came up recently when a client had stayed home with a sick child. A bunch of agents came over and went through the house without logging in to the keybox. I told her that in the future she should have every single agent log in before allowing them into her home.

Having an open house potentially puts your belongings at risk so if you have anything of value – whether it’s monetary or personal in nature – put it away. Medicines in your cabinet? Put them where they can’t be picked up by snooping people or those there to see if they can pick up their “fix”. Sometimes it can seem entirely benign to have an open house but what you’re doing is inviting complete strangers in, who haven’t been qualified by anyone specific much less a lender and/or agent, who will come traipsing through your home. Even if people are asked to sign in they will oftentimes put down false information because they want to remain anonymous. I’m not saying “don’t do it” at all, but rather think about safety measures that can keep you, your family, and your belongings safe throughout the sale.

Yikes, that was close. Or, was it? Convicted felon making loans.

Man convicted as being a key player of “swindling” $50 Million likely to begin serving 15 yrs. in prison and reportedly has been selling “reverse mortgages” to senior citizens while waiting for date to report to prison.

Evidently, The Washington State Dept. of Financial Institutions (DFI) denied his loan originator license on Dec. 17th of last year. DFI get’s it right, but it still begs the question: How did this fellow get through internal controls at the company he last worked for? Sloppy at best.

Bill Morlin reports from the SpokesmanReview.com:

“Michael Duane Smith has worked as a “reverse mortgage planner

Sunday Night Stats – King County

Before I calculate the stats for this week, I’d like to take a minute to explain why I am being this tedious. Week to week stats calculate momentum of the market. Will new inventory grow faster than properties are going into escrow? So far only one week showed a slight decline in inventory, with more properties going into escrow than came on market.

While I fully understand that one week does not a market make, here’s the skinny. Take a look at the graphs below. It’s a long way before we can look at the first quarter of 2008, so let’s look at the three month period beginning 11/ 1 and ending 1/31.

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condo 1 2

Number of residential sales are down by 44% from the same period in 04-05. Condos are down 31% both from last year to this year and 04-05 compared to this year. Residential is down 32% compared to the same period last year.
It would appear that the condo market was picking up where the residential market was losing, in previous years. That would reflect buyers being squeezed out of the Single Family Home market and opting for condos, due to affordability.

The just over 30% decline this year appears to be more reflective of the number of buyers who are squeezed out by changes in the mortgage industry, or fear of the unknown.

This week’s stats:

King County – Residential

For sale – 9,017- UP 138

In Escrow – 2,453 – UP 152

Closed year to date – 1,285 – UP 214

King County – Condo Market

For sale – 3,178 – UP 96

In escrow – 862 – UP 34

Closed year to date – 432 – UP 70

As you can see, condos are coming on market at a higher rate than they are selling, moreso than single family residences. Since more single family home owners wait until Spring than condo owners, this is not surprising.

I’m sure we will see stories coming out that the market is “picking up”. However February being better than January doesn’t tell the story of this year’s decline of about 30% compared to last year. While it is possible that the mortgage industry changes did not squeeze out a full 30% of buyers, many are being more conservative, even if the lenders don’t require them to be.

“Statistics not compiled or published by NWMLS.

It's coming….SPRING (!) and The Northwest Flower & Garden Show….

Okay, are you tired of the cold, the gray, and the rain…are you ready for SPRING yet?

I am, so I’m off to see the flowers, gardens and “stuff” at our spectacular Northwest Flower & Garden Show !

The show is this week, February 20th to the 24th at the Washington State Convention Center in Downtown Seattle, and I am planning on going Friday evening. I think this will be the 14th time I have gone, the first two years I went was as an apartment renter to see garden ideas and learn about gardening in the Pacific NW (I’m from Southern California). I wanted to know as much as possible so that when I was able to buy my Seattle home, I would already have ideas to work with when I was looking at homes with my realtor. Having a yard with garden potential was one of my criteria for finding a home. Seattle has so many homes with beautiful gardens, and I wanted one of my own!

There are ideas for patios and outdoor rooms as well as planter ideas for condo dwellers who yearn for some living green plants to soothe the urban soul. Last year one of my favorite displays was actually a bathroom as a tropical spa retreat.

At the show there are the display gardens, which are my favorite, lectures on various topics on gardening, an orchid show, more events, and my second favorite the Vendor booths with all sorts of wonderful things (STUFF!) for the garden.

If you are tired of winter, longing for the promise of Spring, enjoy gardening or think you might, then the Northwest Flower & Garden Show is the place to revive, recharge and refocus on that other part of your home…the OUTSIDE!

* Note, photos to be added when I figure out how…. 🙂

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Patio Bistro Garden

This is a bathroom tropical spa  1 2

Urban Swank with a Twist

Get Ready to Sell with ARDELL – Part 1

So you are thinking you are going to put your house on market in “The Spring”. Well, me too. So let’s do this together, step by step.

1) Set Your List Price.
You will check that again when it is time to list the home, but you can’t start getting the home ready to sell, until you know the price. Zillow says my home is worth $1,061,000. I bought it in September of 2005 for $850,000. Because I’m at a major price tier of under or over a million dollars, I know that if I price it over a million I will have to do a whole lot more than if I price it up to a million. So I’m setting the list price at $999,950. It’s very important to know what price you are aiming for before making your “to do” list.

One of the biggest mistakes sellers make is setting the price AFTER they get it ready for market. To some extent, that is why many sellers overprice their homes. Don’t think all that work ADDS value. That work is needed to achieve fair market value. But if you price it after you have spent time, money and effort, you will likely want to ADD to the price of the home, while in that state of “look at everything I have done”. Price it first, then do the work.

2) What is the Number One Feature of Your Home?
The #1 Feature of your home is that which produces the most return on investment. For my home it is actually not the home itself, but the location and the view. Sitting high up in the “View Corridor” of Kirkland, between 1st and 2nd Street, gives the home that always light and bright feel. Dramatic views of Lake Washington and the Seattle Skyline across the Lake including the Space Needle. We love to sit up on our bed and watch 9-12 sets of fireworks on the Fourth of July. The Kirkland Fireworks are framed right in the window and the bedroom has two walls of windows with the views centered right in the center of the window. Sometimes I wonder if that is coincidence or if the builder who did the addition to this 1921 bungalow in 1994, made sure Mt. Rainier was dead center in the “picture window” in the master bedroom sitting room. Sunsets, sweeping lake views from all of the remaining windows not facing Mt. Rainer. Then when you step out front to go to your car, you are awed by the view of the snow capped Olympic Mountains.

So Step 2 for me is to hire a professional photographer to take view shots. For the cost of $400 to $500, Harley will come over on the day HE feels best, to take those view shots. Don’t leave photos of the view to chance. Get the photographer set from the beginning, and also snap photos on your own, at every opportunity. I already know that while I may be the Greatest Real Estate Agent in the World…or not :), that Harley is much better equipped to take those view shots. Mother Nature may not cooperate when you get to the day you need those photos. So get the photographer in gear now, even though he likely will have to come back again when you are ready to list the home, for the inside shots. Give him a key to the house and say “Come by whenever you think it’s a good day for those view shots.” I have a West facing view, and I also want night shots. So the cost might be double at $800 to $1,000, but money well spent to highlight your #1 Home Feature.

3) Hire a Licensed Contractor
Make a list of all the things you were going to do, but didn’t. Then get a bid for ALL of those things from a Licensed Contractor before you decide which you will do and which you won’t. Choose by cost vs. “let’s not bother”. YOU do the shopping for what is needed, where possible. I already have light fixtures waiting to be hung in the Master Bathroom. I never liked those and they weren’t even put in the right place. So I’ve bought the replacement fixtures and marked where they will go. I’ll do before and after photos in a later segment. I have a huge list from a major change to a travertine floor and hall, to minor things like changing one of the lights from a timer to a switch. I’ll choose which to do based on price and return on investment, but I can’t do that until I know the price. Have the Contractor price out each job separately, then bulk the ones you decide to do for extra savings. Doing one thing costs more per job, than doing ten. After you have “The Big List”, get a new price list of the jobs chosen. It should be even less.

4) Curb Appeal Items
Since exterior items are “weather dependent”, get that list done now! I know I will have to paint the white picket fence, for example. I also know it will look better in a creamy white vs. the bright white that it is. It will need to be clean and dry, so start the cleaning now. You can clean it on a gray and cold day. Make sure you clean it thoroughly now so on a warm dry day, you can get right to painting it without more wet and dry time.

I’m buying a power washer. There are many things that need to be power washed, and in my business I might as well buy a power washer to help my sellers get their homes ready for market. Having a power washer at the ready, instead of hiring someone or renting one, let’s you do each job one at a time on different days as you have an extra hour or two, or are just bored with Step 5. Step 5 is boring, so a little break to go power wash another segment of the big fence job during your “break”, accomplishes two things at once.

5) De-Cluttering

While I have only lived in my house for a little over two years, it seems this job is still overwhelming. We didn’t sort well when we moved from Bellevue to Kirkland back in 2005, so we still have a garage full of stuff that we never unpacked and apparently don’t need. Kim seems to have every T-shirt and pair of jeans he has bought since he got home from Vietnam, up in our bedroom. Lots of “stuff” to sort.

The sorting process involves

1. Give Away – White Kitchen Trash Bags
2. Throw Away – Big Green or Black Trash Bags
3. Need Before we Move – Stored Out of Sight
4. Need for staging – Leave Out in Plain View
5. Need After We Move (i.e. Christmas Sweaters) – Box and Store OFF SITE

Trust me on this one. Put the give away and throw away items in two different colored trash bags and boxes for stuff you are keeping. Otherwise some helpful person will throw away your give away bag, or give away the stuff you meant to keep.
A quick visual of white = give away, black = throw away and box = to storage
will save you from lots of headaches down the line.

As soon as you have a car load of give away, get it OUT of the house and over to the Goodwill, even if it takes several trips. You will feel like you are getting somewhere and it will keep you going, if you get the stuff OUT every time you have ten bags or ten boxes. Trash may end up going to the dump vs. “trash day” deposits, so accumulate 10 bags and then get rid of them.

As soon as you think you are done…do it AGAIN! Looking at things a second time with no bags in the house will likely create a whole new set of bags and boxes. At second glance when the home is more cleared out, you realize that you really don’t need that before you move out.

6) Set your timeframes
I’ve decided I only need Spring and Summer stuff. Those hiking boots I’ve worn 3 times since I bought them can go into a box. All of my shorts and tank tops need to stay. Anything I won’t need before I go to Inman Connect in August is leaving the house! The house will go on market when “the pink trees are in bloom”. I don’t have any “pink trees”, but they are the first sign of Spring to me, along with the daffodils that I do have.

Pink Trees and Daffodils in Bloom is the day I list the house…so much to do before then.

I’ll keep you posted every step of the way, so you can Sell With Ardell, and we can keep each other motivated and on track. We’ve already brought one car load over to Goodwill…but we have a long way to go. Good Luck to all of us!

Heartbreaking atrocities leave us barren

Shock and disbelief overwhelm me and likely you too – and at this point I’m extremely glad I’m not going to work tomorrow. While I plan to finally secure my state residency and volunteer a bit, I almost want to take the day just to recover from all the emotional pangs that paralyze me when I think of the the shootings that occurred today at NIU. The past few weeks, with abundant murders crippling Illinois, have especially gnawed at me, and presumptuously plenty more. Illinois, already reeling from the recent Tinley Park Lane Bryant slayings, and being dealt one of the worst winters in close to a decade, now finds itself as the setting of a beyond tragic massacre. Six dead, and a campus shattered by fear and disillusionment.

While I’m glad to be in Seattle, especially with my home state bereft and broken by such heartless acts, on the same token I wish I was there to absorb some of the endless pain that the area and its residents are sinking in and can’t stymie, not that the tragedy is not being mourned across the country. In fact, the campus photographs after the UW shooting and last year’s VT massacre still haunt me to this day and likely will continue to do so. Seeing them splashed continuously across the media didn’t help either, and I vividly recall feeling terribly distraught and sick to my stomach after viewing them.

In light of these sorts of utterly mortifying, abasing situations, sometimes I wonder if or how anyone present peels their pierced souls off the proverbially ground. Do the survivors who witness or are in the vicinity of these monstrosities ever emotionally recover? I wouldn’t. I mean, do we ever really know the depth of emotional repercussions this type of atrocity produces? Not unless we are in their skin. How will they ever push the pain of this fateful day out of their heads? It is just so pertrifying to me how prevalent these mass murders are becoming; I’m so disturbed by all of this that I’m almost starting to convince myself that 50 percent of this world is mentally ill.

dreamstime 4012960 1 2 3Although I am a part-time graduate student in Seattle at SU, I worry more about my younger brother, who attends college at an NIU rival school in a more rural part of the state. As a former Illinoisian, I also did my undergrad work at a state school, Eastern Illinois University (was a classmate of Tony Romo’s), and as a member of the student newspaper there, was quite friendly with several Northern Star (NIU’s student newspaper) students, whom I would frequently see at newspaper conferences.

This whole melancholy day, along with the recent killings at Lane Bryant, just break my heart. Quite the irony considering the holiday. I just hope somehow there are golden blue skies ahead – for NIU, Illinois and the U.S.

Landlord 101 class offered February 26th by RHA

An excellent class that is offered through the Rental Housing Association is coming up soon. Tamara Simon of Koss Property Management has a been a long time owner of her own business and well respected colleague in the real estate industry and a professional that we’ve referred many a client to for help with their rental property management needs:

Landlord 101
by: Tamara Simon, owner of Koss Property Management and a licensed Real Estate Broker since 1983
Wednesday, February 27, 2008
Location: RHA Conference Room, 529 Warren Ave N, Seattle, WA
Time 3:00pm – 6:00pm
Program Cost: Members – $45-SPACE IS LIMITED PLEASE REGISTER EARLY
Please RSVP before Wednesday, February 26, 2008

Being a landlord can be a scary experience. Come learn practical, useful information on how to manage your rental property. Knowledge is power, get the tools you need to become a more effective landlord. Simon’s “Ten Commandments of Property Management

Greatest Real Estate Agent in The WORLD

…is some kind of SEO contest.

The prize looks kind of bogus to me.

“First place winner receives ummmm lets see – Ok a free REW template website ($740 value) Free hosting for a year on the new V 2.0 REW platform ($480) and throw in our $2500 CORE IDX and the $360 yearly fee on top of it – that works out to ummmm – let’s see about $4080 for first place – how’s THAT for a prize :)”

How do you read that prize?

I’m seeing the winner gets to pay at least $480 to them for hosting the “prize” for every year after the “free” year. The winner also gets to pay them another $360 a year ad infinitum for Core IDX services.

Who exactly is the winner in the long run?

******UPDATE****

It is my understanding that as a result of this post, the prize has been changed to include free hosting indefinitely.

***UPDATE***

I have a special request to update this post. I generally don’t do that, but at someone’s urgence that I expand the initial topic, I will.

Search Engines are trying very hard to serve a purpose on the internet. That purpose is to seek out and display good and valuable content. That is good for everyone, if allowed to perform its function.

However, some will try to trick the Search Engines into thinking that they have good and valuable content. They think this is a smart thing to do. Some even think it is great to charge people money to help them trick the Search Engines. This is a sin against not the Search Engines, but the general public, who rely on the internet to perform well. When someone searches a topic they are happy to find good and valuable content as the Search Engines intended. They are not happy to find a trickster who fooled the Search Engine into thinking they had good and valuable content.

Gaming the system is not good.