Sellers

Tips from a Realtor

FSBO: Tips from a Realtor!

FSBO: Tips from a Realtor! 90% of American real estate is sold by Realtors. Virtually everyone hires and uses the services of a real estate agent when purchasing or selling their home. While there are many reasons to hire a Realtor, sometimes extenuation circumstances lead home owners to sell their home themselves. Rather then make the case for agent hiring, i wanted to go over a few real estate tips from a realtor for anyone looking to sell their home! Make your home look great! Real estate home selling is all about differentiation. Most homes in similar price ranges are all…

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CHRIS CLARK Q&A

End of August Q&A with Chris Clark!

It has been a crazy summer, and the weather feels right for another Q&A! Our real estate market is hot as ever, and we still get great real estate questions. Thanks to everyone who submitted a question this week! Without further ado, here’s the end of August Q&A! Submitted by David Willoughby. Q: What is the minimum time that has to be spent in a home, before I can use it as an income property? A: What a great question. Many people get confused by the government’s rules for financing and occupancy. Surprisingly, there isn’t a length of time you must live in the…

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preparation

Real Estate Investing: Preparation

One of the most important steps in real estate investing is preparation. Before approaching the market, there are several things you will want to make sure and cover. Meet with your Accountant or CPA. Your accountant will have your best interests in mind, and have access to your portfolio. With your accountant you can discuss the long term benefits and effects of real estate depreciation, principle reduction and increases in value to to appreciation. They will also help your real estate investments balance with your other portfolio items. Your accountant will be a great asset to your real estate investment preparation! Read a…

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Building Real Estate Wealth

Building Real Estate Wealth

Due to overwhelming response to our last investment post, we have decided to delve a bit deeper into building real estate wealth. I wholeheartedly believe that real estate investing is the best long term wealth building vehicle in America. Anyone that knows me can tell you I don’t just talk about building real estate wealth, I practice it every day! It’s part of what qualifies me to be a great Realtor! I started buying investment properties in my twenties (a long time ago). I have always believed in learning from “doers” instead of “talkers.” There is always more value with experience then research!…

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CHRIS CLARK Q&A

Chris Clark’s Q&A Mid July

Hello again to this weeks Q&A! Wow, what a month. Our Pullman real estate market is busier then ever! This week we received two great questions for our Q&A! Congratulations to both our winners! We love giving away coffee at the Chris Clark Team and you can win too! Just ask us a real estate related question on our Facebook page, and we will put you in our weekly drawing! Now, on the the Q&A Answers! Submitted by Olivia Wooldridge. Q: What is the best thing to do when the market is over saturated in your area, but you still want to sell? A:…

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Real Estate Appraisals

Real Estate Appraisals

Real Estate appraisals have always been a bit of a wild card. Without regulations, appraisers can often directly impact the sell price of homes which delays transactions and changes prices. While our Pullman appraisers don’t contribute to the problem, the industry has placed a lot of pressure on real estate appraisers. Lenders always want “high” numbers and buyers always want “lower” ones, making it really difficult to remain impartial. A recent ruling (Dodd-Frank Wall Street Reform and Consumer Protection Act) has helped to refine some of the rules. The ruling will help protect consumers by standardizing rules for real estate appraisals, and…

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Local Real Estate Offices

Local Real Estate Offices.

Local Real Estate Offices are a common conversation topic in Pullman. Local real estate offices are a hot conversation topic in Pullman. I get asked all the time about the differences between each office, how the realtors are different, if we focus on different things, etc. What does make our local real estate offices different? When I did a quick web search, I couldn’t find any real reviews or descriptions for any of our offices! So lets just create one! Having several different local real estate offices gives buyers and sellers diverse ways to find and sell their homes. While…

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Summer Real Estate

Summer Real Estate

Summer time is here, and the summer real estate market is heating up! When winter releases the Palouse from it’s icy fingers, the market starts to pick up. Home inventory is always low in the third and fourth quarters of the year, but spring brings an increase of local sellers and the market tends to flex upwards. This real estate “prime-time” fluctuates each year, but usually occurs in mid spring. By this time each year, the real estate market is wildly flexible and homes are literally (or not) flying off the MLS! Now is the optimal time to start looking into…

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CHRIS CLARK Q&A

Chris Clark Q&A Middle O’ May!

Hello all! Wow! The Chris Clark Q&A is booming! Thank you to all our questioners this week. We will be getting everyone a free gift card to Thomas Hammer! On to the answers: Submitted by Lauryl Handel: Q: What are the extra considerations for buying a duplex (or a whole apartment building) intending to live in one part and rent out the others? I know you pay extra, at least here in Idaho, if you buy a house without intending to live in it. Would that rule still apply? A. Yes. There are many additional questions the lenders will ask, and there…

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Choosing a Great Agent

Choosing a Great Agent 101.

The weekly Chris Clark blog has taken a turn towards the advice column. I recently started my Q&A on Facebook and have enjoyed the unique questions people continue to ask me. Under the same token I get asked all the time about working with Realtors. We are a unique bunch, and often offer a widely varied skill set. Part of what keeps real estate interesting is the different facets to each “deal.” “No two deals are the same” rings true, especially in our local real estate market. We have such a large blend of buyers, sellers, and investors that it…

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