Should I sell my home now in Seattle/Bellevue? Jan 2010

Is it a good time to sell now? This is a follow-up posting to my January ’08 post.  The following still applies today

 Well if you are a regular reader of my blog you probably saw the posting “Should I sell my home now?” back in January of ’08. Well, the market has changed since then. The good news is this makes it a great time to sell for certain sellers.  Home values in most of Western WA have dropped since the beginning of the year.  In some areas the drop has hit the double digit percentage. How could it be good to sell when your home may be worth $50,000 less then last year?

  Here’s how… 

For move up sellers. Seller who plan to move up to a more valuable home.

Last year your homes market value was around $500,000. For the ease of calculation I will use 10% in this example. This year your homes market value dropped by 10% ($50,000)  and now is valued at $450,000 . Your plan is to buy a $900,000 home. The home you choose also had a drop of 10%. That $900,000 home last year had a market value of $1 million a difference of $100,000. You would actually save $50,000 by buying up.

  How did I get that #? $100,000 (the drop in value for the home valued at $1 million last year) – $50,000 (the drop in value for the home valued at $500k last year) = $50,000 savings.

  Who shouldn’t sell now?

Freaked out by the market

 Sellers who are freaked out by the market and have no plans to “buy up”, should NOT sell. Think of.. buy low, sell high.

Don’t forget, in order to sell your house the price has to be better than all of the comparable homes. If it’s not, expect the potential buyers to move on to the better priced home. Inventory is up.  Buyers know this and will move on to the next house if the price isn’t right.

 For more info about your homes market value & selling your home please contact me @ 206-465-7257.

To search for homes/real estate in the Seattle & Bellevue areas click here.

Visit www.GregRBenson.com for more info about buying and selling a home or condo

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About Me

After spending 12 years in the sales, support and service field, I made an exciting career change to be a Realtor. The last six of those 12 years I was a corporate trainer. I trained customer service, retail, and I.T. support. Now I am helping people with what I became fascinated with many years ago when my wife and I purchased our first home, buying and selling homes.

 

What I have done and how I did it. I have been in the business since early 2005 and in my first full year I was in the top 20% of the nation in commisions and in the top 10% in my 2nd, and the top agent in my office of 110 agents. I think I have been able to acheive these numbers by living my life with honesty and integrity long before I got in the real estate business. A mjority of my business has come from my friends and family and they knew they could trust me with the sale or purchase of their home. I also have worked very hard to get my websites up on search engines and since mid 2007 about 50% of my business has come from my websites. I use that same honesty and integrity when working with internet clients. I was nominated to be part agent leadership council for my office and I am also a trainer and personal mentor for new agents to our office.


   I grew up on the Peninsula and moved to the Seattle area in 1992. My wife and I were married in 1998 and have lived on the Eastside since then. We purchased our home in what turned out to be a very close knit neighborhood. We have regular neighbor nights, we help coordinate an annual 4th of July block party, and host an annual Halloween haunted house in our yard and garage. I look forward to helping my clients find this sense of community in a neighborhood whether it be a starter home or a dream home.

 

  In my free time I enjoy playing softball, working in my yard, entertaining friends and family, and going to estate sales.

  It is my goal as your full service realtor/real estate consultant, specializing in the Bellevue, Kirkland, Redmond, Issaquah, Woodinville and Bothell areas, to provide you with superior service at all times. My local expertise and extensive real estate experience will benefit you whether you are serious about buying or selling a home at this time, or are a returning client checking out the many homeowner resources I offer.
 
Selling link goes to a testimonials or blog

Buying a home? I look forward to helping you select the home of your dreams by taking time to listen to your needs and desires.

Selling a home? My real estate expertise and many effective marketing programs will give you the exposure and edge you need to sell your home quickly for top dollar.

Returning Client? I appreciate the opportunity to continue to serve you and hope you take advantage of the valuable resources I provide. Come back to visit often!

I consider these communities excellent places to reside and would love to share with you my enthusiasm for the many neighborhoods that encompass it. I pride myself on providing unparalleled service and look forward to developing a long-term relationship with you. Please feel free to contact me if you would like to discuss how I can best assist you with your real estate needs.

Sincerely,

Greg Benson

Testimonials for Realtor Greg

  Thanks for visiting my testimonial page. Below are just a few of the happy clients I have helped to get into a home or condo.

P & J Smith– “Thanks you so much for all of your support, work and advice!We appreciated your help so much. Your time spent on us was invaluable! Thank you!”

R & S Drake– “We will continue to recommend you highly in the future.”

Susan Smith Keller Williams Real Estate agent in Colorado regarding her referral to me- Betty is so thrilled with your performance and her new home! I really appreciate the good care you took with her and now you are my ‘send to’ guy for anyone else I run into headed your way.

Thanks again,

Susan
 
Steven & Jennifer Bandy- We feel like you took the time to find out what our needs were and showed us appropriate properties. I don’t think we could have ask for more from any agent. It was fun working with you and getting to know you.