Real Estate

A tale of two listings

A tale of two homes
I'm Julie!

I'm a sales strategist turned real estate agent and home renovator.  I like my coffee hot, homes modern and cabins rustic. I'm on a mission to make renvoation easier. 

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Design and travel obsessed mama of wild things.

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I love being behind the camera.

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Buying and listing  strategies to get you home. 

January man. It can be a tough time to buy a house in Seattle. If you recall January is the surprisingly great time to sell your home. If you are a believer that “the proof is in the pudding,” here is your pudding.

I toured two Seattle homes with a client that went pending on the offer review date. Both homes were similarly priced. I followed up with the listing agents to see how it went on offer review day.

Here are the results:

Listings InfoHome 1Home 2
Rooms3 bedroom, 2 baths4 bedroom, 3 baths
Sale price55% over asking32% over asking

20+ offers each. These results seem pretty incredible. Even I went, ‘whoa’. They got tons of traffic, many requests for the inspection reports and a lot of buyers in it to win it showed up.

I wondered, ‘Were these homes underpriced?’ (Every price is a strategy and sometimes agents price below market to draw in buyes.). But when I dug into area sales I concluded they were already priced on the high end of market value. They belew the data out of the water.

What this means for you:

If you’re a buyer, expect multiple offers continue. No – not every home will get 20 offers. And hang in there for months with more inventory. Low inventory will likely continue, but not all area buyers will funnel to 2 properties with more to choose from.

If you’re a seller? Q1. Dang. It’s a surprisingly great time to sell.

Want to see which two houses I’m writing about? Send me a DM and I’ll share a link to the listing photos. Here are some places where we can connect:

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Hi, I'm Julie.
Magnolia local
 & real estate agent.

I'm obsessed with renovation, design and a well appointed hat.  I love connecting my love of photography with helping buyers find their way home. 

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This is the guide I wish I'd had.

Make a really stellar plan to save money, headaches and rework with my starter guide to renovation.  It's  made for you, the homeowner.  I call it the Renovator's Toolkit. 

julie bennett 

Smith Cove is a small, sheltered body of water and a place in Magnolia. A cove is also an architectural arch.


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