How the Dibellos Group was consistently good throughout the buying process.

"I got a new house. They did a good job overall and were consistent with that. I would use them again."

-David Brownlee

Are You Looking for Backstage Passes to Operation: Mindcrime?

Buying a home? Click here to perform a full home search
Selling a home? Click here for a FREE Home Value Report

What are we seeing in the Seattle real estate market? We're seeing a lot of low inventory and pending sales are dropping. There simply isn't enough out there for people to buy, so if you have been thinking about listing your home for sale, now would be the time to do so.

If you put your home on the market right now and it's in good condition and priced well, you can expect it to sell quickly and for top dollar. With interest rates rising we're expecting a lot of demand for homes in 2016, so please speak with us soon if you'd like to sell.

In other news, I have a unique opportunity for you if you like rock music. I recently did some work with Susan Tate, the wife of Jeff Tate from the band Operation: Mindcrime. Jeff is a wonderful client and we've sold him and his family a lot of homes, but his newest band, Operation: Mindcrime, is loaded with talent. Their bassist John Moyer has played with Disturbed. The drummer, Simon Wright, has played with AC/DC and DIO. Brian Tichy is another drummer, and he has played for Ozzy Osbourne, Billy Idol, and Foreigner.

The big news is that they have a concert coming up on March 18th at the Neptune Theatre, Seattle. I have some backstage passes that I'm willing to part with if you want them. We're actually going to be giving away two backstage passes for the first people that call and ask about them.

If you plan on going to this concert please let us know, we can get you backstage passes for no extra charge!

Please don't hesitate to contact me with any questions or concerns you may have!

Winning Strategies for Multiple Offer Situations

Buying a home? Click here to perform a full home search
Selling a home? Click here for a FREE Home Value Report

Let's discuss multiple offers. If you're a seller with multiple offers on your home, you're in a great place. However, buyers should expect to compete with ten other people for a home.

Multiple offers have slowed down substantially in the Puget Sound area. Previously, if you were a buyer, you had a 95% chance of ending up in a multiple offer situation. Now, those odds have dropped to a 35% to 40% chance of being in a bidding war, depending on your area.

So, if you're a buyer, how do you win in a multiple offer situation? Pay attention to the sales price. Think like a seller. In today's market, sellers get their asking price or higher. In a multiple offer situation, homes can sell anywhere between 3% and 15% above the asking price.

Additionally, don't look for homes at your maximum sales price. For instance, if you qualify to buy a $600,000 home, look at homes for $550,000. That way you have a buffer if you do need to win a bidding war based on sales price. Know and understand your budget.

You can avoid being caught in multiple offers if you bid on a house that has been on the market for two weekends or more. That's when the hot period has passed, and you could get the home for the asking price or below.

There are more strategies for you to win in a multiple offer situation. We will cover those in upcoming videos. Stay tuned! If you have any questions, give us a call or send us an email. We would be happy to help you.