5 Reasons to Hire a Real Estate Professional When Buying or Selling!

5 Reasons to Hire a Real Estate Professional When Buying or Selling! | MyKCM

Whether you are buying or selling a home it can be quite an adventurous journey, which is why you need an experienced real estate professional to guide you on the path to your ultimate goal. In this world of instant gratification and internet searches, many sellers think that they can For Sale by Owner or FSBO.

The 5 reasons you NEED a real estate professional in your corner haven’t changed, but have rather been strengthened by the projections of higher mortgage interest rates & home prices as the market continues to pick up steam.

1. What do you do with all this paperwork?

Each state has different regulations regarding the contracts required for a successful sale, and these regulations are constantly changing. A true real estate professional is an expert in his or her market and can guide you through the stacks of paperwork necessary to make your dream a reality.

2. Ok, so you found your dream house, now what?

There are over 180 possible steps that need to take place during every successful real estate transaction. Don’t you want someone who has been there before, someone who knows what these actions are, to make sure that you achieve your dream?

3. Are you a good negotiator?

So maybe you’re not convinced that you need an agent to sell your home. After looking at the list of parties that you will need to be prepared to negotiate with, you’ll soon realize the value in selecting a real estate professional. From the buyer (who wants the best deal possible), to the home inspection companies, to the appraiser, there are at least 11 different people who you will need to be knowledgeable of, and answer to, during the process.

4. What is the home you’re buying/selling really worth?

It is important for your home to be priced correctly from the start to attract the right buyers and shorten the amount of time that it’s on the market. You need someone who is not emotionally connected to your home to give you the truth as to your home’s value. According to the National Association of REALTORS, “the typical FSBO home sold for $185,000 compared to $245,000 among agent-assisted home sales.”

Get the most out of your transaction by hiring a professional.

5. Do you know what’s really going on in the market?

There is so much information out there on the news and the internet about home sales, prices, and mortgage rates; how do you know what’s going on specifically in your area? Who do you turn to in order to competitively, and correctly, price your home at the beginning of the selling process? How do you know what to offer on your dream home without paying too much, or offending the seller with a lowball offer?

Dave Ramsey, the financial guru, advises:

“When getting help with money, whether it’s insurance, real estate or investments, you should always look for someone with the heart of a teacher, not the heart of a salesman.”

Hiring an agent who has his or her finger on the pulse of the market will make your buying or selling experience an educated one. You need someone who is going to tell you the truth, not just what they think you want to hear.

Bottom Line

You wouldn’t replace the engine in your car without a trusted mechanic. Why would you make one of the most important financial decisions of your life without hiring a real estate professional? If you need any questions answered, feel free to contact us at (360) 303-2734 or via email at Info@JohnsonTeamRealEstate.com.

The Current Whatcom County Market Update!

The number of real estate signs you see in yards can be deceiving as to the number of homes actually for sale WITHOUT offers on them. If you are seeing new signs around your neighborhood and curious if any of those homes already have offers on them, we have your answers!

Every week we keep track of how many homes are for sale around Bellingham and Whatcom County and how many of those homes have pending offers on them. Pending is the time frame between when an offer has been mutual accepted between the buyer’s and the seller’s of the home and when the title actually transfers hands. This give the buyer’s time to get the financing, do inspection, review the title reports and more.

As of Saturday, May 20th, the pending ratio in Bellingham was 51%. Click the links to view a report of how many homes are for sale in each area and price range and how many of them are pending showing just how active certain sectors of the market are.

The Birch Bay Pending ratio was 39%

The Ferndale pending ratio was 42%

The Lynden pending ratio was 49%

The Sudden Valley pending ratio was 57%

If you are thinking of selling your home or property, Johnson Team Real Estate would love to help! We are here to help you will all your real estate needs! You can reach us toll free at 1-888-713-3056 or email us at Info@JohnsonTeamRealEstate.com

Incredible New Listing on Bellingham’s Famous Chuckanut Drive!

House Front 4

Welcome to 859 Chuckanut Drive in Bellingham! You won’t want to miss your chance to own this stunning 3 bedroom, 2.5 bath home located on an expansive .71 acre lot.

View a full Virtual Tour

Exposed beams, vaulted ceilings, floors of wood, tile & concrete along with solid wood trims are the framework for this gorgeous North Western contemporary home located on legendary Chuckanut Dr. From the moment you drive up to this private spot, you’ll know you are in for a unique experience. Whether it’s the private location, the quality of the home, the inviting spaces, the view of Chuckanut Bay or the use of the neighborhood beaches, it all adds up to a lifestyle that you’ll enjoy for years.

For more information on this incredible home or to schedule a private showing call us today at 1-888-713-3056 or email us at Info@JohnsonTeamRealEstate.com.

Buying, Selling, or Refinancing? Check The Rates Here!

If you are buying, selling, or refinancing, the current mortgage rates are very important. You can see below what the current rates are as of Thursday, May 18th.

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Thank you Sidney Stonecypher at People’s Bank Home Loan Center for the rates. If you have mortgage questions you can reach her at 360-650-5365!

 

Learn The Value of Your Bellingham Home

Have you noticed sale pending and sold signs on homes in your neighborhood?

Does all this activity in the Bellingham  real estate market have you curious what your home might be worth?

The Bellingham real estate market is active and can sometimes be hard to keep up with.  We are here to help! Learn the value of your home in today’s real estate market. Simply enter your home’s address and have your home’s value emailed directly to you free of charge and with no obligation.

Bellingham Home Value

 

If you have immediate question about real estate don’t hesitate to contact us toll free at 1-888-713-3056 or via email at Info@JohnsonTeamRealEstate.com

What You Need to Know About Qualifying for a Mortgage

What You Need to Know About Qualifying for a Mortgage [INFOGRAPHIC] | MyKCM

Some Highlights:

  • Many buyers are purchasing a home with a down payment as little as 3%.
  • You may already qualify for a loan, even if you don’t have perfect credit.
  • Take advantage of the knowledge of your local professionals who are there to help you determine how much you can afford.

Contact us for any of your real estate needs! Call Johnson Team Real Estate at (360) 303-2734 or email us at info@johnsonteamrealestate.com.

Homes Are Pending Fast!

The number of real estate signs you see in yards can be deceiving as to the number of homes actually for sale WITHOUT offers on them. If you are seeing new signs around your neighborhood and curious if any of those homes already have offers on them, we have your answers!

Every week we keep track of how many homes are for sale around Bellingham and Whatcom County and how many of those homes have pending offers on them. Pending is the time frame between when an offer has been mutual accepted between the buyer’s and the seller’s of the home and when the title actually transfers hands. This give the buyer’s time to get the financing, do inspection, review the title reports and more.

As of Saturday, May 13th, the pending ratio in Bellingham was 50%. Click the links to view a report of how many homes are for sale in each area and price range and how many of them are pending showing just how active certain sectors of the market are.

The Birch Bay Pending ratio was 36%

The Ferndale pending ratio was 40%

The Lynden pending ratio was 55%

The Sudden Valley pending ratio was 59%

If you are thinking of selling your home or property, Johnson Team Real Estate would love to help! We are here to help you will all your real estate needs! You can reach us toll free at 1-888-713-3056 or email us at Info@JohnsonTeamRealEstate.com

Birch Bay Open House, Sunday 12pm to 2pm

Open House Sunday from 12pm to 2pm at 4856 Lighthouse Drive in Birch Bay!

OPEN HOUSE

Visit Rich Johnson and Mike Bredeson as they host an open house at this lovely 4 bedroom, 2.5 baths on a 1/2 acre lot, just listed for $344,900

View a complete virtual tour here!

If you’re looking for a home with room & spaces for everyone, look no further. No gathering is to large for this floor plan. The kitchen flows into a large great room & will accommodate any occasion. There is even a formal dining room for those Extra Special days. To finish it off, you’ll enjoy a main floor master, 3 spacious bedrooms upstairs along with a HUGE bonus room for those ruckus events, a 3 bay garage & a fenced in 10,000+ sq ft back yard. Birch Bay beaches are only a short walk away.

For more information on the home call us today at (360) 303-2734!

See the Current Mortgage Rates…

Courtesy of People’s Bank Home Loan Center, we have the current mortgage rates to pass along to you! Whether you are looking to buy, sell, or refinance, here are the current market rates as of May 11.

 

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Thank you Sidney Stonecypher at People’s Bank Home Loan Center for the rates. If you have mortgage questions you can reach her at 360-650-5365!

Lynden Open House Saturday, 1:00-3:00pm

Visit Rich Johnson, Saturday, May 13th from 1:00-3:00pm as he hosts an open house at 1302 Eastwood Way in beautiful Lynden.

Open House Idea

Don’t miss your chance to tour this lovely 4 bedroom, 2.5 bath luxurious craftsman style home. Just listed for sale, this one won’t last long!

To learn more about 1302 Eastwood Way or to schedule a private showing visit our website today or call (360) 303-2734.