What you need to know about multiple offers when buying a home [Video]

Earlier this week’ during our Seattle Real Estate Chat, Jim Reppond of Coldwell Banker Danforth and I discussed multiple offers, which we are seeing a lot of in the greater Seattle area.

Here’s our “show” from this week and learn more about what you need to know before you find yourself in a multiple offer situation.

[Read more…]

Why Buyer “Love Letters” Are Risky for Seattle Home Buyers

Seattle Homebuyer Love LettersEditor’s note: This post was originally published in 2013 and recommended “love letters” as a buyer strategy for Seattle home buyers. Guidance on this practice has changed significantly since then, and this post has been rewritten to reflect current thinking on the fair housing risk involved.

A “love letter” is a personal note a buyer sends along with an offer — sharing why they love the home, what they picture their life looking like there, sometimes with family photos attached. In Seattle’s competitive market, it used to be common advice for standing out. It’s not anymore, and there’s a real reason why. [Read more…]