I drove down to Leschi last weekend, and I saw a surprising number of yard signs promoting the re-election of Kshama Sawant to the Seattle City Council. As you can see in the photo at right (taken from her campaign’s Twitter feed), the slogan on these signs implies that Sawant’s main goal is to “Make…
Category: News
News, current events, etc.
May Reporting Roundup: Never a Better Market Edition
It’s time once again for the monthly reporting roundup, where you can read my wry commentary about the news instead of subjecting yourself to boring rehashes of the NWMLS press release (or in addition to, if that’s what floats your boat). To kick things off, here’s an excerpt from the NWMLS press release: J. Lennox…
Home Salesperson Quote of the Day
From an article in today’s Everett Herald Business Journal: It’s a seller’s market as Snohomish County home prices rebound I don’t think we’re anywhere near in a position to worry about another bubble. The increase in appreciation has been pretty steady. It hasn’t gone up overnight. – Deidre Haines, Broker with Coldwell Banker Bain “Not…
Earnest Money Disputes and HB 1730
Disputes over the release of earnest money are extremely rare, but anyone who has ever been involved with one knows they can be an extremely miserable experience. For a buyer with limited funds it can mean a lengthy delay in being able to make an offer on another property. For both parties it can be very emotionally draining and expose them to the potential of paying attorney fees—both their own and those of the other party.
The most common scenario for an earnest money dispute is after a buyer terminates a contract based on the Form 35 inspection contingency…
Quill Leaves NWMLS, Dramatically Slashes Listing Cost
Full disclosure: Quill Realty is a Seattle Bubble advertiser, and Tim worked with Craig at his previous company WaLaw (also an advertiser) to buy his home in 2011. Last week local brokerage Quill Realty (spotlighted in this 2014 post) announced that they will be withdrawing from the NWMLS completely in order to “offer broker services…