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Friday Post • February 23, 2018

It’s Friday, let’s sweep! | soc #’s crunched + best brawl of the year – legal that is!

by Laura Smith

Ballard + Eastlake + Madison Park + Northgate + Sand Point + Wedgwood

Six,

Does offering a 3% SOC matter to your Seller?

The numbers have been crunched. The data is in (thank you manager, Rob Graham!) and yes, it is showing us that it is a financial benefit to your Seller to offer a 3% SOC. These findings are broken out by MLS area [Seattle only] and reflect our local [single family only] market for 2017:

In every case reducing the SOC to 2.5% from 3% added days on market and reduced the final sale price compared to the original list price.
Area 140 – 13 more days on market and a reduction in sale price by 4.17%
Area 380 – 9 more days on market and a reduction in sale price by 2.48%
Area 385 – 6 more days on market and a reduction in sale price by 2.48%
Area 390 – 24 more days on market and a reduction in sale price by 4.34%
Area 700 – 11 more days on market and a reduction in sale price by 3.92%
Area 705 – 9 more days on market and a reduction in sale price by 2.99%
Area 710 – 11 more days on market and a reduction in sale price by 6.49%

Powerful story? I think so. Knowing the subtle is part of your value. Show it, articulate it.

Join me for one of the best legal brawls of the year! I’m registered. Let’s fill the tables and engage with the brightest of real estate attorneys as they debate the hottest legal issues. Over breakfast we’ll earn clock hours [pending], take part in debate and reduce our legal liability – aka, keep us on our toes. Sound fun? Ps, this event typically sells out. Register here.

Battle of the Barristers

March 29 @ 8:30 am – 12:00 pm

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Reduce Your Legal Liability

Cost: $60.00 Member (discounted for us!)

Registration & Continental Breakfast: 8:30 AM
Program: 9:00 AM-Noon

Hilton Bellevue | 300 112th Ave SE, Bellevue, WA 98004

Instructor/Moderator: Mike Spence

The Barristers:
Jeannie Simpson | Chris Osborn | Lars Neste (Demco!) | Doug Tingvall

 

 Stay curious my friends,

Laura Smith, General Manager | Windermere Real Estate Co.

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Ballard + Eastlake + Madison Park + Northgate + Sand Point + Wedgwood

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206 227 7133

laurasmith@windermere.com

Windermere Real Estate Co.
5424 Sand Point Way NE, Seattle WA 98105

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