Archive | 97013 RSS feed for this section

Canby Home & Acreage: SOLD!

28 Jul

Oregon Real Estate

This hard-to-find acreage property is located within Canby’s highly rated School District and now sold.

Oregon Real Estate

Click Image to View

View the color flyer by clicking here or on the image above.

Oregon Real Estate

Attractive 3 bedroom, 2 bath two-story on 8.1 acres offers privacy, peace & quiet; home is located way back from Needy Road and is tucked away in a wooded hilltop setting. Convenient commute to Portland & Salem, too.

Oregon Real Estate

Separate living & family rooms, master bedroom has bath and walk-in closet.

Oregon Real Estate

Vaulted living room with ceiling fan, skylight over dining room, spacious utility room, old barn & more!

Oregon Real Estate

For more information, contact Bruce with Certified Realty, our CanbyHomes.com sponsor, at 503-329-0496 or use the convenient form below. 

Advertisements

Just Listed-Canby Home & Acreage!

5 Jul

Canby Oregon, Canby Acreage, Oregon Hobby Farm, Canby Oregon Acreage, Oregon Small Farm

Private retreat with much potential on 3.2 acres.

Canby Oregon, Canby Acreage, Oregon Hobby Farm, Canby Oregon Acreage, Oregon Small Farm

This peaceful property features an easy Portland & Salem commute.

Canby Oregon, Canby Acreage, Oregon Hobby Farm, Canby Oregon Acreage, Oregon Small Farm

Vinyl, carpet & wood floors. Home is served by septic system and well.

Canby Oregon, Canby Acreage, Oregon Hobby Farm, Canby Oregon Acreage, Oregon Small Farm
2 bedrooms upstairs. Spacious unfinished basement. Efficient oil heat. 

Canby Oregon, Canby Acreage, Oregon Hobby Farm, Canby Oregon Acreage, Oregon Small Farm

Substantial timber, plus a shop and multiple outbuildings.

Canby Oregon, Canby Acreage, Oregon Hobby Farm, Canby Oregon Acreage, Oregon Small Farm

Large fireplace. Cash only. View the full color flyer by clicking here or on the image below.

Canby Oregon, Canby Homes, Canby Real Estate

Click for Flyer

For more information, contact listing Realtors Bruce or Roy with our sponsor, Certified Realty at (800) 637-1950, or use the convenient form below.

 

Canby, Oregon Real Estate Update

21 Jun

Canby Homes, Canby Oregon, Canby Real Estate

Recent figures from the Regional Multiple Listing Service (RMLS) confirm our Canby real estate market remains on the upswing. Click here for the complete report.

The definite upward price trend is due in part to a continued low inventory of homes for sale. A range of three to six months is usually considered a normal housing backlog.Canby, Canby Oregon, Canby Homes, Canby Real Estate

As a result, the average market time for a Canby area home is now at 48 days. The increase in the average greater Canby area home value is now up 7.5% over the past year.

Canby Homes, Canby Oregon, Canby Real Estate

Thinking of selling your Canby area property in this strong seller’s market? Contact our CanbyHomes.com sponsor, Certified Realty using the convenient form below, or call (800) 637-1950.

What Will It Cost to Sell My Canby Home?

18 Jun

A common question local homesellers ask is ‘What will it cost to sell my Canby, Oregon home?’

The answer is often ‘it depends,’ due to some important factors.

Find out more in this helpful audio podcast about selling your Canby area home here, or click on the ‘play’ button below.

Finding Your Canby Real Estate Superhero

13 Apr

To adults and kids alike, superheroes seem to have time-tested appeal. Some think it’s because they look different. Indeed, some superheroes dress uniquely. Others believe superheroes represent the ‘good guy’ and these days, we can always use more good guys and gals.  Yet others suggest that superheroes are in the rescue business and we all have an area in our lives where we could use help. Whatever the reason, it’s undeniable that superheroes hold a unique place in our imagination.

Click here or on the above play button to hear the audio podcast of this article.

Canby Homes, Canby Oregon, Canby Real Estate, Canby Properties, Canby Homeseller, Canby Homebuyer, Canby Realtor

Clark Kent Could Have Easily Passed As A Realtor

Do Real Estate Superheroes Exist?
Fighting bad guys is an expected vocation for a superhero. So how could there possibly be Canby real estate superheroes? And would they use x-ray glasses to view inside homes to find potential problems, carry an anti-kryptonite pen to protect against real estate ‘evil doers,’ or hold their trusty multiple listing lockbox keycard in a utility belt? 

The Realty Reality
While not superhuman, some real estate agents stand far apart from others. And when hundreds of thousands of dollars are literally on the line during your next home sale or purchase, chances are you’ll feel better throughout the entire process when working with a truly ‘super’ Canby area Realtor. But is it possible to easily locate a terrific real estate agent that’s not only experienced, but also dedicated, plus recognized for excellence among his or her peers? You’re about to find out.

Canby Homes, Canby Oregon, Canby Real Estate, Canby Properties, Canby Homeseller, Canby Homebuyer, Canby Realtor

‘Superhero’ Defined
Superheroes are considered to be more than mere heroes, in part because their achievements transcend what is humanly possible. Superheros are often portrayed as heroes with extraordinary, superhuman powers. So while no Realtor is superhuman, in comparing performance, it’s clear that sometimes a single real estate agent can outperform several other, less productive Realtors.  There are different reasons why this is true and part of it relates to the ‘Pareto principle,’ better known as the ’80-20′ rule, where 20% of a group is frequently responsible for as much as 80% of the results.

Canby Homes, Canby Oregon, Canby Real Estate, Canby Properties, Canby Homeseller, Canby Homebuyer, Canby Realtor

Some Superheroes Have a Handy Utility Belt to Get the Job Done

What’s In Your Utility Belt?
Effective Realtors are more likely to avail themselves of advanced tools on behalf of their buyer and seller clients.  But it doesn’t stop there. That’s because in addition to ‘high tech’ expertise like sophisticated monitoring of real estate activity for their clients, a ‘superhero’ Realtor also combines it with ‘high touch.’ This means they help buyers and sellers with access to not only their own specialized experience and knowledge, but also to an often vast and diverse network of other experienced professionals, such as reputable mortgage lenders, roofers, 1031 tax deferred exchange experts, electricians, surveyors, title companies and repair firms.

Canby Homes, Canby Oregon, Canby Real Estate, Canby Properties, Canby Homeseller, Canby Homebuyer, Canby Realtor

“Luke…I Am Your Appraiser”

But Why Even Hire A ‘Superhero?’ 
In considering the use of your own real estate ‘superhero,’ it helps to understand what they’re able to achieve better than other Realtors. After all, why use a ‘superhero’ when any old hero will do?

To begin, it’s helpful to understand that an agent is your representative. He or she advises and acts in your best interest, which includes ‘fighting’ on your behalf. So who or what might a real estate ‘superhero’ fight?  Enter the real estate ‘super villain.’ In Oregon real estate, you’re not likely to run into comic book characters or movie baddies like Darth Vader, Lex Luthor or The Joker. Instead,  the kind of ‘super villain’ behavior you’re more likely to encounter is both real and potentially ‘deal-killing.’

The potential list of treacherous adversaries is long. Issues that could put the kibosh on your real estate transaction (while potentially costing you a lot of money) include dry rot, deferred maintenance (think leaky roof), a poor home inspection, title report issues, a low appraisal or a picky loan underwriter. If you’re a homebuyer, you can add certain challenging homeseller attititudes to the potential list of transaction implosions and if you’re a homeseller, you might include certain ham-fisted home buyer attitudes. The bottom line is that in order to deal with a multiplicity of potentially detrimental factors affecting your home purchase or sale, it’s clearly best to be prepared. And when you’re knee deep in transaction challenges, that’s not the time to wish you were working with someone more qualified.

Canby Homes, Canby Oregon, Canby Real Estate, Canby Properties, Canby Homeseller, Canby Homebuyer, Canby Realtor

It’s A Bird…It’s A Plane…It’s The CRS Realtor
There are literally millions of real estate agents and as you might expect, not all of them are the same. As with any profession, experience, proficiency and dedication to clients can vary widely.

Most Realtors are indeed capable of providing good service, reasonable counsel and some helpful information. The fact is however, that some Realtors have considerably more experience, training and better results. It’s also undeniable that CRS designees are equipped to provide their home buying and home selling clients with advanced real estate insights, knowledge and competence. CRS holders hold an average of double the experience of Realtors without the Certified Residential Specialist designation. This illustrates a clear track record with elite standing.

Canby Homes, Canby Oregon, Canby Real Estate, Canby Properties, Canby Homeseller, Canby Homebuyer, Canby Realtor

Realtors Holding the CRS Designation Outperform Those Who Don’t

But what differentiates a real estate superhero from other real estate agents? Here are a few examples.

X-Ray Vision
Because CRS Realtors are experienced and complete far more transactions than the average agent, many times they see can through and avoid problems, before they occur. This helps prevent missteps from an agent’s ‘on the job training.’ 

Benefits Beyond A Single Transaction
Another key benefit to working with a CRS Realtor is their networking advantage. So whether you expect to buy or sell in Canby, or if you’ll have a real estate transaction in another city or even state, the CRS referral network is a proven way for you to connect with another ‘high caliber’ Realtor who holds the CRS designation. 

Canby Homes, Canby Oregon, Canby Real Estate, Canby Properties, Canby Homeseller, Canby Homebuyer, Canby Realtor

Speaking of High Caliber: Faster Than A Speeding Referral
The CRS organization has an entire system devoted to a virtually seamless referral system for buyers and sellers who seek a super Certified Residential Specialist Realtor. For example, I recently received a phone call from an Idaho CRS agent working with buyers from Oregon. These buyers found their ‘perfect’ Idaho home and needed to sell their Oregon home in order to purchase the Idaho property. The Idaho CRS Realtor suggested they work with a local CRS agent to most effectively sell their Oregon home. Mere minutes upon receiving a phone call from the Idaho CRS agent, I was in contact with these local homeowners, then proceeded to list and successfully sell their property, all in short order.  

Canby Homes, Canby Oregon, Canby Real Estate, Canby Properties, Canby Homeseller, Canby Homebuyer, Canby Realtor

Only 3% of Realtors Have Attained The CRS Designation

You May Never Have Met A CRS
It’s hardly surprising if you don’t recall ever meeting a Certified Residential Specialist. A CRS Realtor is in the top 3 percent of real estate agents in the United States. That means 97% of the Realtors you’re likely to run into aren’t a CRS. So what makes working with a CRS designee so much better?

Canby Homes, Canby Oregon, Canby Real Estate, Canby Properties, Canby Homeseller, Canby Homebuyer, Canby Realtor

Clinical Specialization Meets Bedside Manner
To put the topic of Realtor proficiency in another context, if your 5 year old has a broken arm, do you want a pediatric orthopedic specialist to examine, accurately diagnose, then properly set the youngster’s bone, or would any young intern fresh out of medical school be your first choice?  After all, both are doctors. A similar principal applies to selecting an agent. The surprising thing here is that in choosing your next Realtor, it typically costs the same or less to go with the professional having more experience and proficiency. 

Canby Homes, Canby Real Estate, Find A Canby Realtor, Canby Oregon Real Estate

Commitment
Similarly, there’s an understandable difference between an agent who just received a real estate license and one who has been diligently working full time in the field for decades. But taking it another step beyond mere experience are those who hold  accreditation for advanced real estate performance. The CRS designation isn’t easy to earn. It involves what is usually a multi-year advanced course regimen, plus documented real estate production and typically years of ‘in the field’ real estate experience. These recognized levels of education, training, production, time-tested experience  and provable success amount to a higher standard of achievement.  

Canby Homes, Canby Oregon, Canby Real Estate, Canby Properties, Canby Homeseller, Canby Homebuyer, Canby Realtor

A Bundle of ‘Keys’ to Your Next Real Estate Transaction
To most homebuyers and homesellers, one key to a Realtor’s stellar real estate performance is consistent performance. Another is experience. Yet one more is education. The advantage to you as a homebuyer or homeseller in working with a CRS Realtor is that you get the entire bundle of keys and reduce your chances of being ‘locked out’ in your next transaction. 

Canby Homes, Canby Oregon, Canby Real Estate, Canby Properties, Canby Homeseller, Canby Homebuyer, Canby Realtor

The Answer:
While the usual term for CRS is Certified Residential Specialist, some might consider agents holding this esteemed real estate degree as being more of a Certified Real Estate Superhero. That’s because it takes a lot to attain the CRS designation and the positive results of working with a CRS designee speak for themself. Some have even compared CRS credentials as akin to the CPA of real estate.

Canby Homes, Canby Oregon, Canby Real Estate, Canby Properties, Canby Homeseller, Canby Homebuyer, Canby Realtor

       Roy Widing, CRS Realtor

It’s Your Move
What if there was a way you could locate a real estate ‘superhero’ for your next Oregon transaction? Thanks to the CRS referral network, there actually is an easy way to find a ‘super’ Realtor, no matter where you live. Perhaps the simplest is to contact a CRS, like Oregon Real Estate Podcast host, Roy Widing, CRS with Certified Realty. If you’d like to reach a CRS Realtor in a different state or region of the United States, Roy can connect you with a number of qualified Certified Residential Specialists near you and at no charge. From there you can interview one or more CRS Realtors and make your own decisions. 

Do you have real estate questions? Contact Realtor Roy Widing, CRS using the convenient form below.

Spacious Canby Home & Acreage!

29 Mar
Canby-Oregon-Home-Acreage
This beautiful 3,790+ square foot rural Canby home is horse friendly and located on approximately 9.39 level acres. Property includes 2 tax lots with predominantly quality Class II soils. View a complete property photo gallery below. Priced to sell at $699,900.

Canby Oregon Home Acreage

A partial list of home features includes 3 bedrooms and 3 bathrooms, oak floors, skylights, tastefully appointed tile, sunken living room with stone fireplace and insert, built-ins, large family room, den/office, roomy 22’x25′ master bedroom with walk-in closet and balcony.

Canby Homes

   Click for Flyer

Attached double garage with door openers and plenty of storage, including over-the-garage access with pull-down ladder. Home includes long-life cedar siding, newer roof and air conditioning.  

Canby, Oregon Home Tour Video

Outside is a water feature, 22’x22′ pavillion, 36’x48′ concrete floor shop with 14+’ ceilings and adjoining 24’x36′ space. Multi-room concrete-floor shop with multiple work areas and spacious overhead access ideal for storage. Grounds also include in-ground sprinkler system and play structure.

EFU zoning (exclusive farm use). Home is served by private well and septic system and located in the Canby school district. Shown by appointment only to pre-qualified buyers, please. For more information, contact the listing firm, Certified Realty using the convenient form below.

 

 

dsc_4157_1_mls

For more information, contact Certified Realty at 800-637-1950 or use the convenient contact form below.

dsc_4158_1_edit_mlsdsc_4162_1_mlsdsc_4164_1_mlsdsc_4165_1_mlsdsc_4166_1_mlsdsc_4168_1_mlsdsc_4169_1_mlsdsc_4171_1_mlsdsc_4172_1_mlsdsc_4173_1_mlsdsc_4177_1_mlsdsc_4178_1_mlsdsc_4184_1_mlsdsc_4189_1_edit_mlsdsc_4191_1_mlsdsc_4192_1_mlsdsc_4193_1_mlsdsc_4194_1_mlsdsc_4195_1_mlsdsc_4198_1_mlsdsc_4199_1_mlsdsc_4200_1_mlsdsc_4201_1_mlsdsc_4202_1_mlsdsc_4204_1_mlsdsc_4206_1_mlsdsc_4207_1_mlsdsc_4210_1_mlsdsc_4212_1_mlsdsc_4216_1_mlsdsc_4220_1_mlsdsc_4222_1_mlsdsc_4225_1_mlsdsc_4226_1_mlsdsc_4228_1_mlsdsc_4233_1_mlsdsc_4234_1_mlsdsc_4236_1_mlsdsc_4237_1_mlsdsc_4240_1_mlsdsc_4242_1_mlsdsc_4243_1_mlsdsc_4244_1_mlsdsc_4245_1_mlsdsc_4246_1_mlsdsc_4247_1_mlsdsc_4249_1_mlsdsc_4253_1_mlsdsc_4269_1_mlsdsc_4274_1_mlsdsc_4275_2_mlsdsc_4279_1_edit_mls

Canby’s ‘Magic’ Real Estate Number

12 Feb
Canby Oregon, Canby Homes, Canby Oregon Real Estate Canby Oregon Homes

Abundant Canby Area Real Estate Information Can Seem Like Drinking Water From A Fire Hydrant

TMREI: Too Much Real Estate Information
Sometimes absorbing the sea of Canby, Oregon real estate information seems more like drinking from a fire hydrant. Yet, out of all the sometimes helpful real estate data bandied about, there is one especially helpful number, which when understood, can provide near-magical clarity to Canby, Oregon homebuyers and homesellers, alike.

Canby Oregon, Canby Homes, Canby Oregon Real Estate Canby Oregon Homes

You Needn’t Be a Magician to Understand Canby, Oregon Home Inventory

What Is It?
What is this ‘magic’ number and what does it represent? Simply put, it’s the current figure for housing inventory, typically expressed in months of projected home supply.

Listen to the audio podcast presentation of this helpful program on Canby, Oregon real estate by clicking here or on the above link.

Canby Oregon, Canby Homes, Canby Oregon Real Estate Canby Oregon Homes

Canby, Oregon Real Estate Inventory is Different Than Bingo

Housing inventory is also sometimes known as home inventory or housing backlog. Why is this number so important? Once you understand the single figure that defines our current regional supply of homes for sale, you have an instant ‘snapshot’ on whether you’re in a buyer’s market, seller’s market, or more of a balanced real estate market. Armed with that information, you’re far more ready to do ‘battle’ in the real estate ‘trenches’ and more likely to avoid the usual debilitating ‘minefields.’ 

Normal Home Supply
Among real estate experts, a ‘normal’ range for home supply in parts of Oregon-including Canby-is frequently cited as somewhere between three to six months. For example, if the home supply figure is three, then hypothetically our market would be ‘out of homes’ in three months, provided no new homes were placed for sale. In other words, if our regional home inventory figure is somewhere between three to six months, we’re typically experiencing a normal market, meaning one not far from a balance of supply and demand, also called equilibrium. In a way, home inventory is kind of like an ‘absorption rate’ for how fast supply is used up.

Canby Oregon, Canby Homes, Canby Oregon Real Estate Canby Oregon Homes

Your Mileage May Vary
It’s helpful to understand that home inventory figures are more of an average for a region. In Oregon, some major real estate regions include Portland, Bend, Eugene, Salem and the Oregon Coast. Canby is closer to Portland, which makes it part of the greater Portland area metro for purposes of market statistics. 

So if your property is located in or near Canby, the Portland area inventory figure is frequently cited as a bellwether for housing backlog. If your home is located closer to Aurora or Hubbard and within Marion County, the Salem inventory figure provides an alternative approximation of local home supply. It’s also possible your specific area could be somewhat different altogether, based on a hybrid of hyper-local factors affecting both demand and supply. That said, home inventory is an undeniable and convenient ‘thumbnail’ sketch to help assess your market.

Canby Oregon, Canby Homes, Canby Oregon Real Estate Canby Oregon Homes

What’s The Practical Impact of Housing Inventory?
Consider real estate and inventory like a pipeline. If more flows through it, the product is plentiful and therefore the cheaper it is to buy. So with a lower, dwindling home supply and the spigot turned down, the reverse is true. That’s when the local real estate environment favors sellers, because there are more buyers and it’s considered a ‘seller’s market.’ In that case, expect a short market time and an environment where homesellers receive multiple offers, often at or above listing price. If the supply of homes is higher, it’s considered a ‘buyer’s market.’ This means you can expect a longer market time, with homesellers seeing few, if any offers…and frequently for less than the asking price.  

Canby Oregon, Canby Homes, Canby Oregon Real Estate Canby Oregon Homes

Negotiation is Expected, But Most Canby, Oregon Homesellers Don’t Like ‘Armwrestling’ With Buyers

It’s routinely a good idea for buyers to get a ‘heads up’ before making an offer to determine how ‘hot’ or ‘cold’ the market is. Otherwise, if you ‘lowball’ a just-listed home in a seller’s market, you may be lucky to even get a counteroffer instead of an outright rejection by sellers experiencing lots of calls and showings on their property. Coming in with an offer that’s too low sometimes causes offended sellers to refuse to seriously consider a possible follow up offer.

Canby Oregon, Canby Homes, Canby Oregon Real Estate Canby Oregon Homes

The Number of Competing Canby, Oregon Homes for Sale Affects Market Time

What’s the Big Deal About Housing Inventory?
One reason housing inventory is so important is because it helps buyers and sellers to better manage expectations. Most buyers are interested in how long it may take to find the ‘right’ house. Inventory affects this. Alternatively, most sellers are interested in how long it may take to find a qualified buyer. Inventory affects this, too.

Canby Oregon, Canby Homes, Canby Oregon Real Estate Canby Oregon Homes

Canby, Oregon Homesellers Can ‘Jumpstart’ Activity With Accurate Pricing

That’s because a high home inventory tends to slow down the market time and low inventory frequently provides a ‘jump start’ to activity. One way sellers can help to avoid an excessively long market time is to review comparable local home sales information provided by their Realtor to ensure proper, market pricing.

Another reason housing inventory is crucial is because it can significantly impact so many other important factors. In other words, inventory is a ‘driver’ for market time, selling price, appraisal results, lendability and more.

Okay, So Inventory Is Important. What Does It Look Like?

Canby Oregon, Canby Homes, Canby Oregon Real Estate Canby Oregon Homes

Portland Metro Sample Home Inventory

The above image provides a good example of fluctuating home inventory. As our Canby, Oregon real estate market bounced back from the severe market downturn of the Great Recession, regional home inventory reduced from more than 20 months of housing supply to less than three.

Canby, Canby Homes, Canby Oregon Real Estate, Canby Oregon

It’s Wise to Consult An Experienced Realtor Before You Leap Into the Market

Contact the Experts
Thinking about selling your Canby, Oregon property? Know the market before diving in! Contact Certified Realty with your questions and for a free consultation on what your property could sell for today using the contact form below, or call (800) 637-1950.

Why Canby, Oregon Homesellers Hire A Realtor

14 Jan

There are many good reasons why Canby homesellers hire a Realtor, including the handful who first try the ‘for sale by owner’ or ‘FSBO’ route. Here are ten of the most common reasons why Canby, Oregon homesellers hire a Realtor to get the job done right. 

Hear the audio podcast version of this presentation by clicking here or the link above.

Canby, Canby Homes, Canby Real Estate, Canby Properties, Canby Property, 97013, Real Estate Canby

Selling Your Own Canby Home? Prepare Yourself for Wearing Many Hats.

1. Selling Your Home ‘By Owner’ Means Taking on a Second Job.
Most homesellers are busy. So before attempting to sell property on your own, first ask yourself if you’re prepared to wear some extra hats. That’s because in addition to (1). preparing your property for market and (2). finding a replacement dwelling, along with (3). the task of actually moving, selling your home involves (4). abundant planning, (5). serious paperwork, (6). negotiation skills, (7). accurate scheduling, (8). diligent research, (9). considerable legwork (if done right) and (10). a lot of just plain toil. Canby, Canby Homes, Canby Real Estate, Canby Properties, Canby Property, 97013, Real Estate Canby

2. Legalese, Sometimes with Different Rules for Each County and/or Municipality.
Realtors use continually-updated forms written by experienced real estate attorneys designed specifically for regional transactions, with clarity and simplicity in mind. Such documents include important protections for both buyer and seller. While no document is perfect, Realtor forms include key clauses, like for home inspections and appraisals, along with arbitration/mediation mechanisms. These time-tested documents help prevent potential issues, while at the same time deterring ‘nuisance’ litigation.

Canby, Canby Homes, Canby Real Estate, Canby Properties, Canby Property, 97013, Real Estate Canby

3. More Accurate Pricing When Buying & Selling.
These days the average Canby resident moves about every 6 years years or so. As with any activity, it’s easy to get rusty. Realtors are in the real estate market all day, every day. This means an experienced real estate agent can provide significant market awareness to help you price what’s likely to be your single largest investment.

Armed with access to multiple listing, sales and tax data, Realtors provide significant pricing experience and real life insights, whether you want to know what the property you’re selling is worth, or once you sell, how much to offer on the home you’re buying.

Canby, Canby Homes, Canby Real Estate, Canby Properties, Canby Property, 97013, Real Estate Canby4. Objectivity.
We all deal with subjectivity from time to time. Does your home smell? Perhaps you’ve gotten used to having multiple pets in your small home, don’t notice the mold growing in your bathroom, or haven’t realized how gloomy your living room appears. One role of a Realtor is to be helpfully honest. That means being truthful if there’s something you as a seller don’t see (or smell). 

Canby, Canby Homes, Canby Real Estate, Canby Properties, Canby Property, 97013, Real Estate Canby

Most Homesellers Don’t Like A Rapidly Exiting ‘Conga Line’ of Mum Buyers

Far better to be forewarned and forearmed by your Realtor, than witness a rapidly exiting conga line of mum homebuyers who don’t want to offend you. Or perhaps you don’t think disclosing settling water in your basement each Winter is a big deal. The reality is that disclosing such a potentially material fact is something dutiful agents will advise in order to keep you out of much hotter water after the sale. 

Canby, Canby Homes, Canby Real Estate, Canby Properties, Canby Property, 97013, Real Estate Canby

5. Junk the Junk.
Have you ever studied a real estate earnest money agreement (also called an EMA or purchase agreement), or seller’s ‘net sheet?’ Over the course of a transaction, it’s easy to accumulate an abundance of ‘junk’ fees. Sometimes seller-paid closing costs are necessary to make a transaction work. However, paying for a buyer’s home warranty is typically more of a buyer ‘want’ than a ‘need.’ Count on your Realtor to go over such factors with you for a ‘heads up’ of what to expect. An experienced agent knows what’s usually ‘routine’ and what’s not.

Canby, Canby Homes, Canby Real Estate, Canby Properties, Canby Property, 97013, Real Estate Canby

6. Marketing.
Even if a Canby homeseller has a sense of what his or her home is worth, effectively reaching the the widest number of buyers increases your opportunity to find more motivated and qualified buyers, even creating a ‘bidding war.’ The simple act of listing your home with a Realtor means your property is immediately promoted on a host of proven, effective home marketing venues. But it doesn’t stop there. Successful Realtors use many different tools to reach buyers for your specific property.

Connecting your property with the right buyer can mean the difference between a fast close at full price (or higher), compared to a continuous stream of ‘sale-fails’ where your property is needlessly taken off the market by buyers who were marginally qualified. 

Canby, Canby Homes, Canby Real Estate, Canby Properties, Canby Property, 97013, Real Estate Canby

Calm Seas Never Made a Good Captain…or Realtor.

7. Experience.
There is simply no substitute for ‘hands on’ real estate experience. If your Canby home hasn’t sold, at what point should you consider a price adjustment? How much of a price adjustment is necessary? Is there something other than price causing my property not to sell? These are not new questions to an experienced agent, who can help address these and other important questions.

Canby, Canby Homes, Canby Real Estate, Canby Properties, Canby Property, 97013, Real Estate Canby

When it Matters, Experience is Good to Have on Your Side.

It’s comforting in especially difficult situations to rely on an experienced Realtor, who is the duly able real estate ‘captain’ of your transaction. Most people prefer an experienced surgeon or pilot, so it’s understandable to want experienced representation with the important task of selling your home. It’s also helpful to know that a professional real estate agent makes the entire home selling process appear easier than it is.

Canby, Canby Homes, Canby Real Estate, Canby Properties, Canby Property, 97013, Real Estate Canby

Most people are nervous and ‘en garde’ when buying or selling a home.

8. Negotiation Skills.
If you’re like most people, you dread negotiating when buying a car. Consider how much higher the stakes are with your home sale. You want an experienced hand on your side. 
While real estate transactions are optimally a ‘win-win’ situation, it’s realistic to expect some friction. If you haven’t considered homeselling as a kind of ‘war,’ check out this unique perspective on the ‘battle’ of selling your home. 

The best way to navigate through a potentially difficult transaction is to be represented by someone who has been over the road before. So whether you’re in negotiations with a ‘bargain hunting’ buyer, experience an unpleasant ‘surprise’ in a home inspection, or a seriously low appraisal, each unique situation presents an opportunity for difficulty and reaching common ground. Your Realtor can assist in ‘end gaming’ your best strategies and in dealing with a wide variety of buyer personalities.

Canby, Canby Homes, Canby Real Estate, Canby Properties, Canby Property, 97013, Real Estate Canby

Having a Realtor ‘Buffer’ Between Buyer & Seller Can Avoid Headaches

9. The ‘Buffer Effect.’
Having an agent represent you makes it easier to maintain civility between ‘warring’ parties.  If you don’t consider homeselling as a battle, then see our prior article and podcast titled ‘The Art of War for Homesellers.’ Ever say something you regret? An experienced Realtor can often use more constructive language to accomplish what can sometimes be an emotional and/or provocative comment.

Canby, Canby Homes, Canby Real Estate, Canby Properties, Canby Property, 97013, Real Estate Canby

Hiring A Realtor Makes Sellers More Money: Click above image to enlarge

10. More Money.
National Association of Realtor statistics reveal that homesellers who use a Realtor actually net considerably more at closing than those who don’t, even after taking into account paying a commission. Consider that when banks (which are renowned for watching the ‘bottom line’) sell their foreclosed homes, they hire an expert, a Realtor. From a financial standpoint, it really does ‘pencil out’ to hire a Realtor. 

Canby, Canby Oregon, Canby Homes, Canby Real Estate, Canby Properties, Canby Realty

Thinking about selling your Canby, Oregon home? Contact Certified Realty, Oregon’s choice since 1950 using the form below for a free consultation.

Dancing Canby’s ‘Two Transaction Tango’

28 Oct

Canby Oregon, Canby Homes, Canby Real Estate

Simultaneous/Consecutive Home Transactions
Selling your Canby home and buying another are frequently linked activities. In this article and audio podcast presentation, we reveal how to maximize the efficiency and minimize the bother when simultaneously home buying and home selling.

Click here or on the ‘play’ button below for the audio version of this presentation about homebuying while homeselling.


We’ll also examine options to help decide if either simultaneous or consecutive real estate transactions may be best for you.

Canby Oregon, Canby Homes, Canby Real Estate

Timing
The singular act of buying or selling a Canby home is often the foremost concern of many. Whichever immediate task you may be considering, it’s common to have twice the activity anticipated, but in two steps. That’s because home buyers often have a home to sell…and home sellers are frequently seeking a home to buy. So what’s the best way to navigate this potential real estate quagmire without getting entangled in a morass of stress and needless extra costs?

Canby Oregon Homes

First Steps
To begin, it helps to examine three common dual home sale/home purchase options:

  1. Selling your existing house first, then buying your next house.
  2. Buying the next house first, then selling your existing house.
  3. Simultaneously moving from your existing house to your next house.

Your challenges, benefits and results will largely depend upon which of these three decisions you settle upon. Here are three quick takeaways for these three usual options:

Canby Oregon, Canby Homes, Canby Real Estate

Option #1.  Selling your existing house first, then buying the next house
This option usually requires a ‘double move.’ Yet one advantage of this approach is that you won’t have double house payments. One disadvantage is that you may have to move twice.  An added benefit of this ‘selling first’ approach can include negotiating with strength in the purchase of your next home. That’s because your purchase needn’t be contingent upon the sale or closing of your sold home. As a result, you are seen as a ‘cash in fist’ buyer, or at the very least, a buyer who is considerably more likely to qualify for a home purchase, given that you ostensibly now have access to the equity in your now-sold home. This helps you negotiate with more power in the purchase of your next home.

Canby Oregon, Canby Homes, Canby Real Estate

Option #2.   Buying the next house first, then selling your existing house
When first buying a house, then selling yours, one advantage is that you know where you’ll be moving. The reduced stress of ‘knowing where you’ll land’ is empowering.

Unless you’re a cash buyer, you’ll likely need to qualify with a lender. And if you have an existing loan in place on the house you’ll be selling, this may mean you need to qualify for two loans, your current home loan and the loan on the house you’re buying.

As long as your current home sells in a timely manner, added financial obligations can be minimized.  For more information about bridge loans, see the below ‘A Bridge Too Far?’ discussion.

Canby Oregon, Canby Homes, Canby Real Estate

Option #3.  Simultaneously moving from your existing house to your next house
This situation is very common. Provided your activities are clearly thought out, well-executed and contingencies are in place for protection, it’s also one of the more affordable options.

Think far ahead and shoot for impeccable timing, in order to make your move the smoothest possible. In order to have sufficient time to move out soon after closing on your current home’s transaction, you will need to locate your next home, write an accepted offer, have the home inspection and if you’re getting a home loan, likely an appraisal…all before you close on the purchase and can actually move in.

One advantage of this approach is that you won’t have double house payments. You also know where you will be landing, and you won’t likely have to move twice. One disadvantage is that your timing needs to be good and possibly have a little extra ‘cushion’ to allow for emergencies, like delays with appraisals, inspections and repairs. Otherwise it’s easy to feel ‘squeezed’ by your being in the middle of two time-sensitive transactions.

That’s one challenge of going this route; It’s complicated by not knowing with precision the timeline of certain key activities. That’s because while home inspections can usually be completed within a set time frame, like 10-14 business days, other requirements like appraisals, can take much longer, with less certainty of the completion date. On top of that, most transactions involve two appraisals, one on the house you’re selling and another on the house you’re buying. So if you plan on a simultaneous sale/purchase, huddle up with your Realtor to create a well planned timeline, then build in some extra breathing room, as necessary.

Canby Oregon, Canby Homes, Canby Real Estate

A Bridge Too Far?
One way to do purchase a house without first selling your existing home is with what’s called a ‘bridge loan.’ This is effectively a loan against the equity on your existing home. There are plenty of added details, but for the sake of simplicity, just understand that if you use a bridge loan to buy your next home, until your current home is sold, you will likely have double house payments. So if your current home doesn’t sell in a timely manner, hopefully the squeeze on your wallet won’t be more stressful than if you were to have simply sold your existing home first. 

Canby Oregon, Canby Homes, Canby Real Estate

Tools of the Trade
To accomplish the job of simultaneously buying and selling homes, among the most common protective tools is called a contingency. Consider contingencies as akin to safety goggles. They’re designed to prevent a mishap, only in this case, the mishap could be losing your earnest money.

Canby Oregon, Canby Homes, Canby Real Estate

Earnest Money
Earnest money is usually a certain dollar figure placed on deposit as a sign a buyer is earnest, and later applied to the home purchase. This helps convince sellers that a buyer is serious and take their property off the market. Earnest money essentially helps to ‘hold’ a property for a buyer. Earnest money is not often the total down payment, although it can be applied as part of the down payment.  Earnest money is important to homesellers, because without it, a buyer could otherwise tie up the seller’s property with virtually no obligation.

A large part of contingencies relate to a buyer keeping their earnest money, or the initial deposit showing the buyer is ‘earnest’ in proceeding to closing on a home sale. If a homebuyer does not have a sufficient contingency in place during a home sale, forfeiture of a buyer’s earnest money becomes possible. It’s not terribly common, but it can and does sometimes happen.

Types of Contingencies
Home inspection contingencies provide buyers with the right to have a house inspected for a variety of conditions, all within a specified time frame. Another common contingency is the loan contingency, so if for some reason a lender does not approve a buyer or the property for a home loan, the earnest money deposit is returned to the buyer. Buyers have lost out on qualifying for a home loan because they went out and bought a car during the home purchasing process, thereby disrupting their loan ratios.

The Reality of Earnest Money Deposit Risk
As long as appropriate contingencies are in place and they’re followed in a time-conscious manner, it’s relatively uncommon for buyers to lose their earnest money. It’s always a good idea to keep an eye on your timeline.

Canby Oregon, Canby Homes, Canby Real Estate

Buying And/Or Selling?
Use the form below to contact our CanbyHomes.com sponsor, Certified Realty for a FREE consultation. Whether your real estate situation involves homebuying, homeselling, or if you simply have questions about our current Canby real estate market, Certified Realty has been selling Canby area homes since 1950.

10 Reasons Why Canby Winter Homeselling is HOT

12 Oct

Oregon Real Estate Podcast, Winter HomesellingWhile there is a case to make for homeselling in each of the four seasons, Winter is one of the most powerful times Canby sellers can place their home on the market and for ten very good reasons.

Click here or the play button below for the audio podcast presentation of this article.

  1. Price & Market Time. Statistics show homes sell faster and for more money in Winter. One way to understand this phenomenon is by considering a motorist with a flat tire in bad weather. That motorist has an urgent need and is less likely to haggle, or even seriously consider less expensive options, in order to meet an immediate need. Canby’s Winter homebuyers can experience the same kind urgency and this helps to explain the premium that homes can command during the real estate ‘off season.’ Another way to look at the Winter market dynamic is if you want to buy snowshoes in July (at least around Canby), expect to pay more, since availability is typically lower. Oregon Real Estate Podcast
  2. High Quality Buyers. Because home touring is generally less convenient, there tend to be fewer ‘Looky-Loos’ during the Winter. This means Canby Winter homesellers have fewer buyers tracking dirt into their house, with less energy spent preparing for real estate ‘Tire-Kickers.’Oregon Real Estate Podcast
  3. Less Seller Competition. Let’s face facts: It’s convenient to sell in the Spring and Summer, especially in Canby. The weather is usually better, flowers are blooming and with plenty of homebuyers looking, it’s a ‘target-rich environment.’  Yet while it’s easier and more convenient to sell in sunny weather, this convenience often comes at the cost of increased competition from other sellers. Conversely, Canby’s Winter homesellers can expect fewer like-minded sellers competing for buyers. Just like the successful contrarian investor who sells when everyone else is not, avoiding a ‘herd mentality’ can pay off with a higher price and faster sale. Oregon Real Estate Podcast
  4. Higher Buyer Motivation. Is your idea of a fun time getting into a car on cold drizzly nights to look at houses? Probably not…unless you just got a job transfer. Or a nice raise. Or you received an inheritance and want to get out of your tiny apartment. It’s also helpful for prospective Canby Winter homesellers to know that corporate relocations are common in the first quarter.  Plus family changes can occur anytime and estates are settled year around.
    Oregon Real Estate Podcast
  5. The Hunt for Red December: Get a ‘Jump’ on the New Year’ s Competition. The best time to get your Canby property on the market could be when everyone else isn’t. Placing your home for sale in Winter gives you access to hyper-motivated buyers who have made homebuying a New Year’s resolution. That way, when these eager Canby homebuyers begin their ‘hunt,’ your house will be a prime ‘target’ as visible as Rudolph’s nose. So if your home is market-ready and available to tour leading up to the New Year, expect to tap into this highly focused ‘pent up demand.’
    Oregon Real Estate Podcast
  6. Your Home Looks Inviting During the Holidays. Who doesn’t enjoy the happy glow of a Christmas tree or other holiday decorations, along with the pleasant smell of fresh-baked pumpkin pie, cinnamon buns, or a vanilla candle? Homes often look their most inviting during the holidays.
    Oregon Real Estate Podcast
    And given the pleasant, even emotional attachment so many have during that time of year, expect some homebuyers to fully embrace the holiday theme of ‘Peace on earth, good will toward men.’ As a result, such positive feelings can spill over into the home selling process and make it easier.
    Oregon Real Estate Podcast
  7. Your Lawn & Landscaping is Virtually a Non-Issue. Forget to mow your lawn? No worries. Some buyers won’t care if they tour your property and it’s covered in snow, raining hard, or after sundown. Buyer landscaping expectations can be quite reasonable during Winter months around Canby.Oregon Real Estate Podcast
  8. When Your Home Sells, You May Buy With Less Competition. Few Canby homesellers stop to consider that given good timing with their sale, their own future home purchase may also benefit from similar, unique seasonality. So depending on a variety of factors in the market where and when you buy, Canby homesellers can sometimes take advantage of lower Winter activity levels to successfully negotiate with a motivated seller. This is because some sellers place their home on the market during Winter not for convenience, or desire to maximize their selling price, but from genuine need. In other words, they are highly motivated. Such homesellers could therefore provide a good buying opportunity.
    Oregon Real Estate Podcast
  9.  Fewer people relocate in Winter, so this means you’re likely to have an easier time booking a mover.
    Competition for moving companies can be challenging during the real estate ‘high season.’ As a result, expect less difficulty scheduling your moving company when you sell your Canby property in Winter.
    Oregon Real Estate Podcast
  10.  You Can Dictate Which Days & Times Are Available for Showings. As a Canby homeseller, you typically have control over tour times and dates for your home. This includes during Winter months. Given holiday-related gatherings and events, buyers are likely to understand their need to schedule their tour of your home. Your Realtor can help by specifying days and times your home is available for showings. For example, you could have your house available for tours on Saturdays from 2 to 5pm, weekday mornings after 9:00am, or between 5 and 8pm weekday evenings.

Canby, Canby Oregon, Canby Homes, Canby Real Estate, Canby Properties, Canby Realty

Thinking about selling your Canby home this Winter? Use the convenient form below to contact Certified Realty, sponsors of CanbyHomes.com, for a FREE consultation!

Save

Save

Save

Save

Canby Real Estate Update

28 Sep Canby Oregon Real Estate

New information was recently released on our local Canby real estate market by Ticor Title Company.

View this new report on Canby, Oregon real estate by clicking here or on the image below.

Canby Oregon Real Estate

Click Image to View

Do you have questions or are you thinking about buying or selling a Canby home? Contact Certified Realty, our CanbyHomes.com sponsor using the convenient form below, or call 800-637-1950.

Save

Save

Canby Homeselling: Easy As Waltzing, 1-2-3!

15 Oct

Canby, Canby Oregon, Canby Oregon Homes, Canby Oregon Real Estate, Canby Oregon Property, Canby Homeseller, Canby Oregon Homeseller, Canby Oregon Homeselling, Homeseller Canby

While real estate can seem complicated, there is a logical progression helpful to selling an Oregon home and it’s truly as simple as 1-2-3. The process between buyers and sellers is routinely described as a kind of dance, so let the waltzing begin.

Fundamentals
There are plenty of related tasks associated with any real estate transaction, yet the key process that gets homesellers a workable offer can be simplified to three primary steps. Then, once a mutually accepted offer is in hand, the phase to close the sale begins. But the fundamentally crucial elements start long before that. Curious? Here we go:

1. Online activity ——-> 2. Showing activity ——-> 3. Offer Activity

This process looks simple and in a way, it is. So let’s break it down further.

Canby, Canby Oregon, Canby Oregon Homes, Canby Oregon Real Estate, Canby Oregon Property, Canby Homeseller, Canby Oregon Homeseller, Canby Oregon Homeselling, Homeseller Canby

The Home-Selling Waltz, Step by Step
First, it’s helpful to realize that buyers generally behave in somewhat predictable phases.
This means they routinely go to Step 1 before Step 2, or Step 3. There is very little skipping around. For example, it’s uncommon for a buyer to start at Step 2, or leave out any steps. You’ll soon understand why.

Another important element to consider is when a homeseller’s efforts ‘stall’ at a certain step. Depending on a variety of factors, there is usually a good reason when activity decreases significantly. This can be diagnosed by a Realtor experienced with key specifics of online buyer behavior. 

Step 1. Online Activity
Recent statistics show that more than 92% of homebuyers search online for their next home, often before they even contact a Realtor. And though approximately 90% of homebuyers hire a real estate professional, they frequently continue their search online, while their agent matches properties to fit their needs. 

Canby, Canby Oregon, Canby Oregon Homes, Canby Oregon Real Estate, Canby Oregon Property, Canby Homeseller, Canby Oregon Homeseller, Canby Oregon Homeselling, Homeseller Canby

Even Batman Doesn’t Have This In His Utility Belt
Homesellers have a useful tool in their utility belt, since online buyer activity can be monitored to evaluate buyer response, or lack of it. That valuable tool is a daily report on buyer activity for your specific property.

Canby, Canby Oregon, Canby Oregon Homes, Canby Oregon Real Estate, Canby Oregon Property, Canby Homeseller, Canby Oregon Homeseller, Canby Oregon Homeselling, Homeseller Canby

As a result, your Realtor can provide you with regular updates about online activity for your home and from a variety of sources. Some of these key sources include the popular website Realtor.com and also the local multiple listing service. This data gauges if your property’s popularity is really ramping up, falling fast or simply ‘meh.’

Canby, Canby Oregon, Canby Oregon Homes, Canby Oregon Real Estate, Canby Oregon Property, Canby Homeseller, Canby Oregon Homeseller, Canby Oregon Homeselling, Homeseller Canby

Realtors who invest wisely in their business frequently subscribe to these proprietary services and can easily track your home’s online popularity to determine buyer response.  

Canby, Canby Oregon, Canby Oregon Homes, Canby Oregon Real Estate, Canby Oregon Property, Canby Homeseller, Canby Oregon Homeseller, Canby Oregon Homeselling, Homeseller Canby

Step 2. Showing Activity
The jump from online home searching to touring inside homes is a significant one. Since agents commit considerable time and effort and are usually paid only after a buyer purchases a home, this typically means touring buyers have also been pre-qualified by a lender. In other words, we’re now in the realm of a qualified home purchaser, who is ready, willing and able to buy. Research shows that the typical home buyer searches for 10 weeks and views 10 homes.

Canby, Canby Oregon, Canby Oregon Homes, Canby Oregon Real Estate, Canby Oregon Property, Canby Homeseller, Canby Oregon Homeseller, Canby Oregon Homeselling, Homeseller Canby

Step 3. Offer Activity
The final leg in this three step journey is when an offer is written and submitted for the seller’s consideration. By writing an offer, this step also helps to confirm that the property is likely priced within a reasonably market-friendly range. For example, wildly over-priced homes don’t usually get much more than ‘low-ball’ offers, if any. 

Canby, Canby Oregon, Canby Oregon Homes, Canby Oregon Real Estate, Canby Oregon Property, Canby Homeseller, Canby Oregon Homeseller, Canby Oregon Homeselling, Homeseller Canby

The End of the Beginning
There is still plenty to do after Step 3, but an acceptable offer places the process into the remaining phases of a real estate transaction. These can include things like escrow, home inspection(s), a preliminary title report, appraisal, loan documents and closing.

Canby, Canby Oregon, Canby Oregon Homes, Canby Oregon Real Estate, Canby Oregon Property, Canby Homeseller, Canby Oregon Homeseller, Canby Oregon Homeselling, Homeseller Canby

Thinking about Selling?
Call (503) 682-1083, or email Certified Realty for a free consultation on what your property could sell for in today’s market.

Just Listed: Nice Canby Home!

10 Mar
Canby, Canby Oregon, Canby Homes, Canby Oregon Homes, Canby Real Estate, Canby Oregon Real Estate, Canby Property, Canby Oregon Property, Canby Properties, Canby Oregon Properties, 97013

Just-Listed Canby Home

This attractive Canby home was just listed by Certified Realty, sponsors of CanbyHomes.com.

Canby, Canby Oregon, Canby Homes, Canby Oregon Homes, Canby Real Estate, Canby Oregon Real Estate, Canby Property, Canby Oregon Property, Canby Properties, Canby Oregon Properties, 97013

Living Room View

Priced to sell at $275,000, the home has 3 bedrooms and 2 bathrooms with 1,678 roomy square feet of living space.

Canby, Canby Oregon, Canby Homes, Canby Oregon Homes, Canby Real Estate, Canby Oregon Real Estate, Canby Property, Canby Oregon Property, Canby Properties, Canby Oregon Properties, 97013

Sparkling Clean Bathroom, Too!

Added features include a fireplace, fuel efficient heat pump and RV parking, all on a spacious 9,000+ square foot lot.

Canby, Canby Oregon, Canby Homes, Canby Oregon Homes, Canby Real Estate, Canby Oregon Real Estate, Canby Property, Canby Oregon Property, Canby Properties, Canby Oregon Properties, 97013

Click Image for Flyer

For more information on this nice Canby home, view a full color flyer here, or contact listing Realtor Bruce Widing at (503) 329-0496, or use the convenient contact form below.

%d bloggers like this: