Arch Cape, OR Real Estate News

I have been thinking about this topic lately and here is the conclusion I have come up with.  Lets start with what is not important in a listing agent. 1. They don't need 50 designations behind their name to make them a good listing agent 2. They don't need lots of experience listing. They need lots of experience getting their listings sold. 3. They don't have to work with a firm that has a Recognizable name. In my opinion, here are the six most critical things you need to ask a listing agent if her or she does in their service to you. 1. The listing agent you hire needs to know how to do a CMA and adjust for every comparable that they use. Simply put, it is important to compare apples to apples.  There are several adjustments to take into consideration. Size of home, condition of home,...
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By Barbara Scott
(Barbara Scott Real Estate)
In Arch Cape Oregon our market has of course felt the downturn based upon what is/has happened locally and the Real Estate Market in general. Interestingly enough, we were the one of the last areas in the Country to feel the effects of the market downturn. I think there are two reasons for this. 1. Our market is largely a second home community being located in Clatsop County right by the beautiful North Oregon Coast. 2. We are basically built out. The first thing I learned in Real Estate was the concept of supply and demand. That was over 35 years ago and the rule hasn't changed. More supply with less demand makes it a Buyers market. More demand with less supply makes it a sellers market. So, how do you get the best deal in today's market at the Coast? 1. This is obvious and the news ha...
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