Noelle Blazevich Snoqualmie Valley Real Estate

Dear Seller - Don't let an agent "Buy" your listing

No I am not saying don't sell your home to a licensed agent. If an agent wants to buy your home and it is a fair offer go for it.

What I am saying is don't choose the agent to represent you based soley on which one tells you that you can sell your home for the most money.  If you say I want to list my home for $X and they simply agree this is not a good sign.  This could mean that the agent is willing to get your listing by agreeing to your price with a plan to convince you to reduce the price later.  In the industry this is often called "buying the listing".   A good agent will show you a market analysis of your home's value based on what is currently on the market, what has recently sold and what has failed to sell.  They will also be able to share with you what homes in your area they have visited in person and give you detailed reasons why they believe your home should be priced above or below the comparable homes.

These reasons can include but are certainly not limited to:

Location

  • Proximity of the comparable homes to your home
  • Main road or side street
  • Neighborhood - Comps in the same general area or neighborhood are stronger than comps that are in a different neighborhood or father away.
  • Is the comparable's neighborhood considered more desirable or less than the one your home is in.

Lot size and usability

  • Is the yard fenced?
  • Is the lot flat or sloped?
  • Is it landscaped or does it need work
  • Is the lot bigger or smaller
  • What type of parking is available?

Condition of the exterior and interior of the comparable properties in contrast to your home

  • Which home has the most upgrades, yours or the comparable's?
  • What is the master bedroom like?, Master bath
  • Number of bedrooms and baths
  • Condition of the kitchen
  • Does the home have a home office
  • Is the design open or traditional
  • What type of flooring does the home have?
  • Are the ceilings vaulted or low?

Other Factors

  • Does the property have a view?
  • Is it a waterfront property
  • Are there neighborhood restrictions
  • What are the homeowners dues
  • For larger properties are there outbuildings and what is the condition and use of the outbuilding?
  • Year built
  • Windows and insulation type
  • Heating system
  • AC or no AC
  • Paved drive
  • Neighborhood condition.  Are the neighbors keeping their homes up?

If an agent simply agrees to list the property for what you want or "need" to sell it for they are not necessarily doing you any favors.  Statistically overpriced listings stay on the market longer and eventually sell for less.  If you are planning on pricing your home well above the competition you need to ask yourself "If I were the buyer would I pick this home or one of my competitors?"  Detach yourself emotionally from your home and answer honestly.  If you would pick one of the other homes you house is priced too high and will likely linger on the market and eventually sell for less than it would have if it were priced competitively from the start.

 

 

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Noelle Blazevich
John L. Scott - North Bend
425-985-2334
noelleblazevich@johnlscott.com

When you work with me it's about YOU!

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5 commentsNoelle Blazevich • June 11 2010 02:58PM

Senators Propose Extension of Closing Date Deadline for Homebuyer Tax Credit

There is a movement in the Senate by Senators Harry Reid of Navada, Johnny Isaakson of Georgia and Chris Dodd of Connecticut  to extend transaction closing date deadlines for buyers trying to take advantage of the home buyer tax credit. The proposed change would only be applicable to existing transactions that will not close by the current June 30, 2010 deadline. This ammendment would help buyers that have contracts on short sales or REO's that are still waiting for bank approval.

The proposed ammendment would extend the deadline for transaction closing date to September 30, 2010. 

An article posted yesterday on CNBC http://www.cnbc.com/id/37622791 as well as a press release on Senator Reid's web site http://www.reid.senate.gov/newsroom/pr_061010_homebuyersextension.cfm speak to the proposed extension

I for one am a huge fan of this proposal.  I just hope it is not coming too late for some who may have already given up on a transaction that they feared would not close in time for the tax credit.

Noelle Blazevich
John L. Scott - North Bend
425-985-2334
noelleblazevich@johnlscott.com

When you work with me it's about YOU!

Noelle Blazevich on John L. Scott.com
On Facebook
RealEstateByNoelle.com
On You Tube
Virtual Tours of My Listings

 

 

 

 

0 commentsNoelle Blazevich • June 11 2010 01:09PM

Choosing A Home Stager Who Markets to Target Demographics Rather Than Just Decorates

I have known Lisa for several years.  She is a wonderful person in addition to being a great home stager.  I truly appreciate the way she thinks regarding staging for the demographic that is likely to purchase the home not just decorating. 

Way to go Lisa

Via Lisa Lucas (Lisa Lucas Design ):

Choosing A Home Stager Who Markets To Target Demographics Rather Than Just Decorates

While home staging may still be just be starting in some parts of the country, here in Seattle, home staging is seen as common practice for a property to be truly considered competitively marketed by most agents.  The sellers expect the agent to know the target buying demographics for a property, then why wouldn't the agent demand that the home staging companies' choices be based upon trying to attract that clientele also?

See if your favorite stager is marketing-focused by asking them what strategies they would employ to improve the marketability of this listing. Below are some home staging suggestions you will want to be hearing:

Ground Floor Condo in Suburban High-Tech Area

1) Masculine Furnishings - Ground floor locations have some added security concerns for some female buyers. Home staging would be more effective if geared towards male tastes by keeping furnishings a bit more streamlined and avoid a lot of fussy accessories and floral patterns. If you can see more than three silk plants per photo and a floral bedspread with stacks of patterned pillows, you may be missing sales.  A stager who sticks to a very traditional look is a better choice for family-friendly suburban listings or a complex that has an older population. The marketing strategy should determine the overall staging style. This complex has several high tech corporate campuses near it whichthe agent will be focusing on and all have a higher male to female ratio so this sleek home staging style is a better bet.

Living room modern condo

2) Layout for Everyday Living - This is not the project to opt for angled sofas and tiny wicker furniture from the local import store. While female buyers favor rooms setup with the focus on entertaining, men have been shown to prefer rooms setup for everyday living. Showing a beautiful solution that incorporates even a fake flat screen TV is important as it allows buyers see that even modest spaces can be very comfortable and efficient when the furnishings are scaled correctly. Plant stands as bedside tables don't fool anyone into thinking a space is bigger so make sure the furniture solves problem such as providing more storage. The objection of a room with small closets can be overcome with a double dresser.  An office should incorporate a solution for an occasional overnight guest.

3) Low Maintenance Flooring - This unit was due for some new flooring. The ground floor location would be more attractive to pet owners for convenience so a wood or laminate flooring is a better solution than wall to wall carpeting.

 4) Adding More Lighting - Lamps will make a property show better than simply turning on an overhead light which often is a blue-hued energy efficient florescent. Save these bulbs for everday living but opt for traditional bulbs when selling. Lighting helps create a cozy atmosphere and improves the feel of your online photos. The mirror and mirrored jewelry case were added to reflect the lamplight which essentially doubles the light.

Black chest neutral bedding tall headboard

5) Adding Simple Draperies - Creamy white linen panels will not only help overcome those concerns from female buyers about privacy but also create a soft diffuse light during daytime showings.  Staging is even more important when the property needs the focus to be on the interior. Hotels have been employing this trick for years to improve the perception of those rooms without a view.

 Kitchen Maple Cabinets Golden Granite Stainless Appliances

 For more information on this project MLS#29163022 or have questions, feel free to contact me at: Lisa Lucas Design.

 

 

2 commentsNoelle Blazevich • May 04 2010 08:29PM

Dear Seller - Ten Sure Fire Ways to Distract Buyers from Focusing on Your Home.

 This may seem a bit harsh but it is just plain speaking honest commentary regarding my experience as a buyer's agent.  The statements below are taken directly from the comments and behaviors of buyers viewing homes for sale.  It not meant to be negative but rather is meant to give sellers a bit of a look into the buyer's head.  A chance to see things from the buyer's perspective without the candy coating we agents typically put on things.

10) Leave your "friendly" dog roaming free inside the house when you know we are coming to see it.

Not all buyers are dog people.
Many whether they are dog people or not will actually be scared of your dog.
I have had clients refuse to go into homes because the dog was out.  Or they go in but don't stay long because the dog is either scared of them or overly friendly.  It's hard to pay attention to a home when your nether regions are being inspected by Fido. 
If the buyers are true dog people they are going to focus on the dog not on the house.
Trust me I have seen it happen. 
One way or the other your pet has effectively distracted the buyer from looking at your home.

9) Leave something aromatic cooking in the crock pot for your dinner that night

Not all buyers are going to be fans of your food choices.  In fact if it is particularly aromatic and something the buyer's don't care for, they are likely to ask me if I think the smell will come out or leave quickly because they don't like the smell. 
They were so focused on your food choice they didn't look at your house.

8) Keep photos of your family up throughout the house

Guess what, buyers are going to look at your family photos to try to figure out who you are, do they know you, how many kids do you have?

Guess what they are not doing?  Looking at your house.

7) Keep all your nick knacks out

I know they are precious to you but honestly they are distracting to the buyer.  Instead of looking at the fabulous mantle the buyer will be looking at all the items on the mantel.  As with family photos, buyers will often comment on these items trying to form opinions on who you, the sellers, are rather than focusing on the home.

Pack them up in boxes so you have one less thing to do later on moving day.

6) Make it difficult for me to show your house

I know selling your home is a pain, that you have a life and the appointment time I'm suggesting might not fit into your schedule.   
But, hey I have a buyer that wants to look at your house. 
You want to sell your house right? 
Know what happens when you can't make that appointment time work?  The buyer goes and looks at other houses that are available to see at that time.  Do buyers reschedule to see your house at a later date?  Often times not.  Many buyers find another home that they like or are just not interested in going back to see one they couldn't see right away.  I am not saying that you have to turn your life completely upside down and backwards.  I am just saying that if our appointment time does not work for you don't be surprised when we don't reschedule.  The buyer is likely to have moved on.

5) To continue on the pet theme, leave your cat roaming free throughout the house with a note by the front door stating "Please do not let the cat out".

You are setting up a stressful rather than relaxing situation for the potential buyer and for me the buyers agent.  Buyers are forced to dash in and out of doors rather than wander freely throughout the home and property.  They miss out on the opportunity to call back into the house to their spouse or partner that "they have got to come see this garden, bbq area, hot tub etc" because they had to shut the door so the cat didn't get out.  If they do get wrapped up in looking at the house and forget to shut doors I have to remind them instead of pointing out the features and benefits of your property.  You just made me the nagging hall monitor instead of the helpful agent.  When your pet does manage a jail break, as I swear 99% of them do, I am forced to give chase to Houdini the Wonder Kitty.  Meanwhile my buyers are cooling their heals either irritated that we are off schedule or more likely worried that you are going to be mad if we don't catch your pet and get them back inside your home.

Again the focus has been shifted away from your home.

4) Don't replace burned out light bulbs or use low wattage bulbs.

Yes I know it's only the laundry room, a closet or the spare bedroom you never use but guess what? The buyer wants to see these spaces and when the buyer can't see it they can't form an opinion.  Use a good high watt bulb that appropriatley lights the space.  While the lower wattage bulb will save on your electric bill it will also make for a dark space.  Dark spaces do not impress buyers.  I will typically bring a flash light to help out when a bulb is out but it is still not the same as having a working bulb with the appropriate wattage to light the room to the best benefit.  Buyers will focus on the burned out bulb instead of the space.  Is it just the bulb?  Is there something wrong with the fixture?  If the bulb is dim buyers will focus on how dark the space is instead of how useful it might be.

Don't give them a chance to wonder and worry just replace the bulb and show off the assests of your home in the "best light".

3) Close all the curtains and turn off all the lights

When we walk into the house instead of immediately noticing the great things about the house we are going to be fumbling around looking for light switches.  It is likely that either I or one of the buyers may stub a toe on a hall table trying to find the switch.  Buyers are hesitant to enter dark areas.  In a home that is dark the buyers tend to follow me around as I turn lights on instead of lingering in various rooms to focus on what they might like about a room.  They feel more like they are intruding and less like they are welcome.  Instead of paying attention to the homes benefits they worry about whether they remembered to turn a light off as they left a room.   They also don't get as much of my attention because instead of being able to answer their questions about whether or not the fridge is included or what the square footage of the lot is I am running around opening and shutting drapes and turning light switches on and off.

I know it may not be practical to leave all the drapes open and all the lights on all the time.  At least leave the drapes open on the windows with the best views and leave a few lights on so we can find our way around the house.  If it was on when we got there I will leave it on when we depart.  If it was off I will turn it off.  Please at least leave the porch light on.  I do carry a flashlight but it is just not the same as pulling up to a home with a welcoming porch light on.

2) Turn the heat down

I know especially if you have already moved out that you would like to save on that energy bill but if it is colder in your house than it is outside buyers don't want to linger.  They don't get a warm cozy feeling from your home.  They just feel cold and that feeling transfers to an emotional opinion of your home.  If you can't keep the heat all the way up at least keep it at 55 so we are comfortable in our coats and for heaven sake if you are going to turn the heat down don't expect us to take our shoes off, leave some shoe covers.

One of the quickest ways to drive a potential buyer out of your house is to make them view a cold house in stocking feet.  It is hard to admire the spacious kitchen when your feet are being flash frozen by the cold tile floors.

1) Stay in your home while we are showing it

This is the BEST most SURE FIRE way to make a large majority of buyers uncomfortable.  Buyers don't even come close to paying attention to the features and benefits of a home if you are there.  They are so nervous about offending you and so uncomfortable looking at your home while you sit in your living room or worse follow them around that they rush through. They will tell you thanks for letting them look and dash out. Upon leaving they can't begin to tell me if they noticed what colors the wall were, if there was carpet in the living room or if they liked the kitchen or not. 

What they do tell me is "That was uncomfortable", "I don't like looking at homes when the seller is there" and "Can you make sure the seller will be gone at the next one, if they are there I don't want to see it"

Leave, even if you go sit in your car, take a walk around the block or dash over to your neighbors, just leave.  The buyer will stay longer and pay more attention to your home then if you are there.  If they are interested in your home and have questions I will call your agent and ask.  Think about it.  Would you feel comfortable wandering through someone's master bedroom and checking out the closet space while they were sitting in the living room?

If the buyers fall in love with you home and decide to make an offer there will likely come a time where they will want to meet you and discuss your home at length and in detail with you. Typically buyer's and seller's agents are more than happy to set up this meeting.  It is just not the first time the buyers are viewing your home.

Again, Please keep in mind these statements are meant to be helpful to sellers and give them a chance to look at things from the buyer's perspective.  These are just some of the things that may not typically be thought of as a big deal but do in fact distract buyers focus. 

Noelle Blazevich
John L. Scott - North Bend
noelleblazevich@johnlscott.com
When you work with me it's about YOU!

Noelle Blazevich on John L. Scott.com
On Facebook
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On You Tube
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141 commentsNoelle Blazevich • April 08 2010 07:05PM

John L. Scott North Bend Voted Best Real Estate Agency in the Snoqualmie Valley 2010

The brokers, agents and staff of John L. Scott North Bend
would like to take this opportunity to thank you.
Our clients, neighbors, family and friends for voting us

"Best Real Estate Agency In the Snoqualmie Valley 2010"


Thank you from Monica Antone, Tom Antone, Sheila Barnett, Noelle Blazevich, Harry Buhler, Jennifer Clay, Chuck Doty, Candi Pike, Carey Wright, Tessa Wyrsch, Karen Collier, Jean Moyes and Karen Barnes.

John L. Scott North Bend
425-888-7089
northbend@johnlscott.com
http://www.johnlscott.com/northbend
Visit our Facebook page  

Video created by Noelle Blazevich

Noelle Blazevich
John L. Scott - North Bend
425-985-2334
noelleblazevich@johnlscott.com

When you work with me it's about YOU!
Noelle Blazevich on John L. Scott.com
On Facebook
RealEstateByNoelle.com
On You Tube
Virtual Tours of My Listings

 

0 commentsNoelle Blazevich • April 03 2010 03:13PM

Change is in the Wind for Short Sales - HAFA Coming April 5th

New Short Sale Guidelines and Process for Qualifying Homeowners:

Coming up April 5th the short sale process will change for some homeowners who qualify for the HAFA  or Home Affordable Forclosure Alternatives Program

The goal of this progam is to make the process easier for homeowners and potential buyers. Homeowners who qualify for the HAFA program will be able to get preapproval from their bank prior to listing their house for sale as a short sale. Guidelines for bank response times after the purchase and sale documents are signed will also be changing in an effort to speed up the process.  This is good news for both beleaguered sellers and apprehensive buyers.

HAFA Brochure

What this means for the qualifying homeowner is that essentially instead of waiting to get bank approval until you have an offer on the table you are able to apply for a short sale with your bank and get bank approval prior to listing your property.  This should make your property a lot more appealing to buyers who are leery of the often lengthy short sale process. 

What this means for the buyer? A potential end to taking a stab in the dark and writing an offer then sitting back with your fingers crossed for 90 days or more hoping the bank is going to accept your offer. 

Personally I can't wait for this one to roll out. 

Noelle Blazevich
John L. Scott - North Bend
425-985-2334
noelleblazevich@johnlscott.com

When you work with me it's about YOU!
Noelle Blazevich on John L. Scott.com
On Facebook
RealEstateByNoelle.com
On You Tube
Virtual Tours of My Listings

 

 

10 commentsNoelle Blazevich • March 29 2010 11:33PM

Bank of America to Reduce Mortgage Principle

I just read an article on HousingWatch.com by Charles Feldman stating that Bank of America is launching a program to reduce mortgage principle for homeowners that owe more than 120% of their homes current value.  The program is set to be operational by May of 2010.

To read the article click here.

Noelle Blazevich
John L. Scott - North Bend
425-985-2334
noelleblazevich@johnlscott.com

When you work with me it's about YOU!

Noelle Blazevich on John L. Scott.com
On Facebook
RealEstateByNoelle.com
On You Tube
Virtual Tours of My Listings

0 commentsNoelle Blazevich • March 25 2010 04:42PM

North Bend Washington's Torgeson Park featuring Mt Si

From time to time I like to share what I love about living in the Snoqualmie Valley. Torgeson Park in North Bend Washington is home to a rock climbing wall, the Snoqualmie Valley Little League Majors Field, and one of the best views of Mt Si in the Valley.

Questions about Real Estate in the Snoqualmie Valley? Contact me for a no obligation consultation.

Noelle Blazevich John L. Scott Real Estate
425-985-2334
noelleblazevich@johnlscott.com
http://www.johnlscott.com/noelleblazevich

0 commentsNoelle Blazevich • March 24 2010 12:36PM

44.4 Acres Zoned RR with Classic Farm House in McCleary, WA

Classic 1913 farm house w/grand staircase, formal dining rm, living rm, family rm, eat in kitchen, parlor, 5 bedrooms & wrap around porch awaiting your TLC. This is the type of property you see lovingly restored on the pages of home magazines. Updated electrical, kitchen remodel in the 90's, double pane windows on 2nd floor. Home sits on 44.14 ACRES ZONED RR(rural residential)County code states minimum subdivision of 1 ac for RR. Wildcat Creek runs through property. Approx 1/3 property wooded.

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MLS # 29123747

View this listing on my John L. Scott Web site or watch the virtual tour at:

Click Here to see the Virtual Tour

 

2 commentsNoelle Blazevich • March 23 2010 06:13PM

The Home Buyer Tax Credit Deadlines are April 30th and June 30th. Information you need to know.

The initial home buyer tax credit deadline is April 30th.   

Does that mean you have to have closed a home purchase by April 30th?
No. What it means is that you have to have a signed, mutually agreed upon contract to purchase a home by April 30th and the home sale transaction must close by June 30th in order to qualify for the tax credit.

Does this mean you have time to wait?
No. If you are thinking of buying a home you should be shopping now. It takes time to find the right home and it can often take time to negotiate the deal. It is taking longer for homes sale transactions to close these days because of changes in lending laws related to disclosure and home value assessments.

In the past few months I have had several transactions experience delays due to these changes in lending laws. It would really be unfortunate to wait until the last minute and then miss out on the tax credit because the closing of your transaction had to be extended by a day or two and didn't close until July 1st or later.

Does the tax credit only apply to first time home buyers?
No, the tax credit has been expanded to include move up buyers as well. I have attached two documents that will help explain the tax credit and how it can be of benefit to you if you decide to act now and purchase a home. The first explains the purchase power of the tax credit and the second is a chart from the National Association of Realtors giving details on the tax credit, who qualifies and qualification criteria.

If you have additional questions or would like to begin your search for a new home please do not hesitate to contact me for a no obligation consultation.

Noelle Blazevich
John L. Scott Real Estate
425-985-2334
noelleblazevich@johnlscott. com

Want to see what homes are available? Visit Noelle Blazevich at John L. Scott.com

0 commentsNoelle Blazevich • March 23 2010 04:02PM