Bodur Windermere Real Estate

Many of you are curious about the NAR Settlement and its impact on real estate in our current WA market. Let me clarify this for you...

The NWMLS is Owned by its member brokers, not the Realtor Associations, as many national MLS's are.

The NWMLS has been proactively pursuing transparency regarding Broker compensation years before the NAR Settlement ever came to fruition.

The NWMLS has opted out of the NAR settlement, in an effort to continue the pursuit of additional transparency regarding compensation, leaving our clients better informed.

WHAT DOES THIS MEAN FOR YOU?
If you are a seller, you get to choose the level of compensation you want to offer to a buyer broker. Your Windermere Broker can help you understand the advantages and disadvantages of whatever your decision may be.

If you are a buyer, when you hire a Broker to represent you, there is open conversation regarding what they charge, how they are paid and how it affects you.

Much of the news you hear is coming from a national level and does not necessarily correlate to how we are doing business here in Washington; in other parts of the country, they are just beginning the journey of broker compensation transparency.

I believe that the NAR Settlement will help the entire Real Estate industry move in a positive direction. We at Windermere Real Estate PSR, Inc. support our local NWMLS and their decision to opt out in an effort to continue to provide even more clarity and options for buyers, sellers and brokers.

Congratulations to my seller client. After their initial home-selling attempt fell short with their previous agent, they turned to me—the specialist in tackling the toughest listings in the market: Expired and Cancelled listings. 💪

Here’s a quick recap of our journey & challenges that we overcame;

1- Six Offers in 30 Days: While other homes languished on the market for 60-90 days, we generated a whopping six offers in just 30 days. 🏡💨

2- Two Successful Contracts: Our property went under contract twice—first within the first 10 days! 📝🤝

3-Mastering Negotiations: When the first buyer’s financing fell through, we didn’t miss a beat and generated another offer, even higher than our current asking price, and protected the seller's equity through the inspection period 💪💰

4-Handling Challenges: House break-ins? Repairs? Regular check-ins? We’ve got it covered. 🛠️🔍

5- Neighborly Support: We rallied the neighbors to keep an eye on their property. Teamwork makes the dream work! 👀🏘️

6- Smooth Closing: We had the second buyer to close even earlier than expected. 🎉

You have to push the reset button sometime, I often do that in the nature. Had a great time with the family in Lake Wenatchee, definitely recommend it🏕️ 🏞️

Just Listed! Beautifully remodeled 4 bed, 2.75 bath rambler situated on a serene .81 acre lot, offering both privacy & convenience. The amazing square footage of this rambler is hard to find! The brand new chef's kitchen is a culinary dream w/ SS appliances & a walk-in pantry. The perfect floor plan, new concrete walkway around the house & extended patio area make it ideal for entertaining. Relax in the gorgeous primary bedroom with a cozy fireplace, walk-in closet, & updated ensuite bathroom that boasts a dual sink vanity & a luxurious jetted tub. With vaulted ceilings throughout, new flooring & lights, fresh exterior & interior paint , new roofing & siding, you will absolutely love this home! Great Location in Puyallup! Close to shopping & freeways.

Property website: https://creativemedianw.net/view/?s=
1434119&nohit=1

Offered at $775,000
MLS # 2263690
🛏 4 Bed
🛁 2.75 Bath
📐 2,956 SqFt
📸

Just Listed! 🏡Step into this charming Tacoma rambler on large fully fenced corner lot, offering 3 spacious bedrooms, 2 bathrooms, & a detached garage perfect for your hobbies! As you enter, you'll be welcomed by a warm living space that effortlessly transitions into a dining area & kitchen, renovated in 2016 for easy entertaining. The primary suite features a full bathroom & a striking wood-burning fireplace. The additional bedrooms offer generous closet space & abundant natural light. A sizable laundry room leads to the backyard, where you can relax on the paved patio for more parking, outdoor dining & admire the newly planted fruit trees. New roof & flooring installed in 2016. Great location - close to schools, shopping, easy access to I-5, 512 & JBLM.

Property website: https://creativemedianw.net/view/?s=1434119&nohit=1

Offered at $425,000
MLS # 2227920
🛏 3 Bed
🛁 2 Bath
📐 1,056 SqFt
📸

Behind the scenes, I’ve closed numerous off-market deals. But today, let’s celebrate this ‘Equestrian Beauty’—a remarkable success for my seller! 🙌💯

Our journey began two years ago during the market shift from sellers to buyers. However, we still managed to put it under contract with 2 different buyers, but the complexity of the deal and financing hurdles led to dead ends. After a pause, we planned a summer relaunch. 🫡

Here’s the twist: As an active agent (contacting sellers and buyers daily), I kept looking for buyers. Just before relisting, I generated an acceptable offer for my seller. Instead of restarting the process all over, we went straight to pending while their property was “Off the Market”.

Third time’s the charm! Despite challenges, we persevered and sealed the deal for my client. 🏡🎉

Big Win for My Seller!

Congratulations to my buyer client! 🎉 Let me share the remarkable story behind this deal:

Finding a property that perfectly aligns with their unique needs was no easy task. We had to think outside the box, creatively exploring potential matches.

During our property tour, the listing agent was busy reviewing 8 offers with the seller. The highest offer exceeded the listing price by a staggering $100,000. But here’s where our strategic negotiation came into play 🌟

Through consistent communication with both the listing agent and my buyer, I managed to convince the seller to wait for our offer. Not only that, but we crafted our offer in a way that beat the leading offer—even though the competing buyer had stronger financing 💯

The rest of the journey wasn’t without challenges. A surprise low appraisal situation arose, but through my negotiation and collaborating closely with the listing agent, we successfully secured the deal. And the best part? My buyer saved an additional $25,000 in the process 🫡

Cheers to negotiation, teamwork, and a successful outcome! 🏡💪

Just Listed! 🏡 Experience lakeside living at its finest in the highly sought-after Bryn Mawr community! Wake up to breathtaking partial lake views from the primary bedroom & bath. The walk-in closet features built-in cabinetry & clothing care system. The thoughtfully designed kitchen w/ island & SS appliances are well-maintained & fully equipped. The open floor plan is perfect for entertaining, with generous living spaces, high ceilings, new floors & updates throughout. Enjoy the convenience of a spacious 2-car garage w/ Tesla rapid charging station & modern frosted glass garage doors. New furnace & AC installed in 2022 ensure comfort year-round. Conveniently located near public transportation & within walking distance of parks, shopping & dining. No HOA!

Property website: https://creativemedianw.net/8426-S-114th-St/idx

Offered at $825,000
MLS # 2196093
🛏 4 Bed
🛁 2.5 Bath
📐 1,950 SqFt
📸

Big news yesterday from our Federal Reserve Chairman… If you didn’t get a chance to watch his entire update, here’s the summary email that I sent out.

If you'd like to keep up with the latest in real estate-related and community news (and a bit of awesomeness), feel free to subscribe.

Highlights of Today's Fed Meeting 📈       Hello Alican, You know it's about that time... The latest in real estate-related and community news (and a bit of awesomeness), straight to your inbox. Key Takeaways from Fed Meeting  Big news

We all wore pink to show our support for Breast Cancer Awareness month at our office meeting this week 🎀🎗️

Joe Galindo with Windermere Coaching also talked about Business Planning for 2024 and share some tips with us.

I love our collaboration among Windermere Brokers and our willingness to support each other’s businesses 🤝🙌

🎉Congratulations to my Buyer Client! 🏡🔑 After making my seller client homeless by putting their current house under contract, helped them to secure their dream home. With their preference to move directly from the current house to their new home, we faced a tight timeline.

Regardless of our timeline constraint and current buyer competition (yes, we still have buyer competition in demanding areas due to the low inventory regardless of the current interest rates), we skillfully navigated negotiations with sellers, and convinced seller to accept our "sale contingent offer." 🤝 (Note: A "sale contingent offer" often requires sellers to wait for the buyer to successfully sell their current home before completing the purchase – not always a seller's top choice.)

🌟 Your dreams are our mission, and I'm here to guide you through every step of your real estate journey. 📲🏆

🎉 Celebrating a remarkable win for my Seller Client! 🏡💥 Within just 24 hours on the market, we received an offer surpassing the asking price. 💰 While an early offer was tempting for seller, my experience and market analysis hinted at a stronger potential. 📈 After discussing my strategy with seller, they put their trust in me, and it paid off – we attracted even better offers! 🏠✨ Not only did we exceed expectations on the sale price, but we also negotiated a rent-back deal, providing them ample time to hunt for their new perfect home. 🕔🔑 Thrilled with this success story!

If you're looking to maximize your sale, let's talk. 📲🏆

🔝🏠🌟 5-STAR REVIEW! Happy Clients, Happy Realtor! 🌟🏠🔝

A huge thank-you to my amazing client for this glowing 5-star review! 🌟 It brings me immense joy to know that I was able to exceed their expectations and help them achieve their real estate goals. 🏡💫

If you're looking to buy or sell, let's chat! Together, we can make your real estate dreams a reality. 🌠🚀

Thank you to all my wonderful clients for your continued support and trust. Let's keep making more dreams come true! 🎇🎆

🏠✨ Exciting News! Double Closings Success Story! 🎉🔑

🌟 Upsizing Made Easy! 🌟

Big congrats to my amazing Seller client for achieving their dream of upsizing to a new home! 🏡💫 When they came to me with concerns about the current market, I knew we had an exciting challenge ahead. 💪

Despite the high-interest rates, we put our best foot forward, and the results were nothing short of phenomenal! Within just a couple of days, we received multiple offers for their current house, and guess what? We sold it for well over the asking price! 📈💯

But that's not all! 🌟 Simultaneously, we also made sure to secure their new home amidst limited inventory and fierce buyer competition. It took dedication, strategy, and a lot of hard work, but seeing my clients now settled into their dream home makes it all worth it! 🏡❤️

I am beyond thrilled for them and grateful for the trust they placed in me throughout this journey. ✨ If you're looking to buy or sell in this competitive market, don't hesitate to reach out! Together, we can achieve your real estate goals! Let's make it happen! 😊 🚀

As closely observe our real estate market and economy, I'd like to share a couple of forecasting slides with you for the rest of 2023 and 2024 from Matthew Gardner, who has been a National Economist for the last 25 years in the United States and is currently the National Economist for our Windermere Real Estate.

1- First slide shows the projected change in US home sales. There’s a significant increase in projected sales and it looks to be comparable to 2022.

2 - Second slide shows the near consensus of where Mortgage Rates are expected to go.

3 - Third slide shows the spread between Bond/Mortgage rates. These two ultimately should overlap. Once the markets stop trying to guess what the Fed will do next, Mortgage rates could come down quickly and significantly.

If you or anyone you know have further questions about the market and find out when it's a good time to buy or sell for your given circumstances, feel free to reach out to me. I'd be happy to go over some inside market indicators and help you make an intelligent decision.

Welcome to this stunning & quality-built 5-BD, 2.5-BA home that truly stands out from the rest. With its vaulted ceilings, skylights, fresh paint & brand new AC, this residence offers a combination of elegance & comfort. The main level features both living & family room, providing ample space for relaxation & entertainment. A formal dining room is perfect for hosting dinner parties and kitchen is a chef's dream, boasting granite countertops & SS appliances. Upstairs, you'll find 4 generously sized bedrooms, full bath & spacious primary bedroom, featuring a luxurious 5-piece bath & large walk-in closet. Oversized 3 car garage and private backyard. Great Renton Highlands location within the award-winning Issaquah School District!

Property Website: https://creativemedianw.hd.pics/16224-SE-138th-Pl

Offered at $1,125,000
MLS # 2126441
🛏 5 Bed
🛁 2.5 Bath
📐 2,890 SqFt
📸

Just listed this beautiful townhome move-in ready gem offers everything you need & more! Nestled in a quiet & desirable neighborhood, this 3-bedroom, 2.5-bath home with an attached garage boasts inviting kitchen, complete with a breakfast nook & SS appliances. The dining & living rooms feature a cozy fireplace, creating a warm & welcoming atmosphere for entertaining guests. Upstairs, you'll find all the bedrooms, including a gorgeous master suite w/ a walk-in closet, providing ample space for all your needs. Step outside to discover a backyard with a patio overlooking lush green space. It's the perfect setting for outdoor relaxation & gatherings with friends. Minutes from parks, Southcenter Mall, Kent Station, Seatac & Amazon. Easy access to I-5,167 & 18

Offered at $425,000
MLS # 2078174
🛏 3 Bed
🛁 2.5 Bath
📐 1,394 SqFt
📸

As we enjoy this beautiful day with our loved ones, let us also honor the true meaning of Memorial Day. We owe our gratitude and respect to those who gave their lives for the United States. Wishing you a peaceful Memorial Day🫡

Selling Your Home: 5 Common Myths

1. Home Value Calculators Are 100% Accurate
Online Automated Valuation Models (AVMs) are a great starting point to give you some ideas. However, when it comes to pricing your home, you need to rely on your real estate agent’s Comparative Market Analysis (CMA) and need to be strategic with your listing price to get the premium with the sale.

2. Selling FSBO Will Save You Money
Selling a home requires an intimate knowledge of the housing industry and how to solve the complex situations that arise throughout a real estate transaction. Selling For Sale by Owner requires the seller to bear added liability, fills their schedule with many responsibilities, and can leave money on the table by inaccurately pricing the property, causing it to sit on the market for too long.

3. You Must Remodel to Sell Your Home
The question you’ll face when preparing to sell your home is whether to sell as is or remodel. The answer usually lies somewhere in between, but it depends on your situation and what kinds of home upgrades are driving buyer interest locally. When making improvements to your home, lean toward high ROI remodeling projects to get the best bang for your buck.

4. Never Accept the First Offer
You’ve likely heard tell that the first buyer’s offer is nothing more than a springboard to up your asking price and to never accept it. In this case, “never” should be approached with caution. In reality, the best offer for your home is one that you and your agent have discussed that aligns with your goals.

5. Home Staging Doesn’t Make a Big Difference
Staging your home has been proven to help sell homes faster and at a higher price than non-staged homes. Staging ensures that your home has universal appeal, which attracts the widest possible pool of potential buyers. When buyers are able to easily imagine living in your home, they become more connected to the property.

Now that you know some of the most common myths in the selling process, get to know its truths. Connect with me to get the process started ☺

When selling becomes a procedure, it’s no longer a problem! I follow a very specialized procedure with my professional team; therefore, we get the same results for our clients.

Before connecting with my client, they worked with 2 different agents and couldn’t sell their house for the past 8 months. After we took over the listing, we were able to generate 2 offers in 3 weeks and put it under contract then successfully take it to the finish line.

My job didn’t end here. Now my client is looking to buy their new home in another state, but I still keep serving by connecting them with my trusted lender () for their pre-approval and another professional agent who will be helping them in their buying process.

I’m super excited about our office’s annual Community Service event next month. Last year, we decided to clean the Dog Park by Renton Community Center. We removed weeds/bushes and made the park look nice and most importantly safe for our dogs. After seeing before and after, it was super satisfying, thank you to all my fellow colleagues and office (). I’m ready for this year's project 😊

You may need to outwork some transactions, and also navigate the other side's agent during the negotiation to close the deal successfully. I'm super happy for my buyer client.

Welcome to The Reserves, an exclusive gated community in Lakeland Hills. Boasting 4 beds & 2.75 baths on a nearly quarter-acre lot, this home provides ample living space, including a formal dining room, living room, family room, chef’s kitchen w/ a large island & an eat-in nook. Home features soaring ceilings, AC, ceiling fans & spacious floor plan ready for entertaining. The main level includes a guest bedroom with a 3/4 bath. Upstairs, you'll find the primary suite w/ a luxurious 5-piece bath & a walk-in closet, 2 additional beds, & a large bonus room. 3-car garage w/ extra storage and a private fully fenced yard. Located within walking distance to shopping, restaurants, walking trails, & parks. Near Lake Tapps & easy commute to Hwy. 167

Offered at $700,000
MLS # 2045315
🛏 4 Bed
🛁 2.75 Bath
📐 2,768 SqFt
📸

I'm super happy to help my clients achieve their selling / moving goals. Both of these clients previously worked with other agents and didn't get any offers in their 6 months listing period. We managed to put the property in Seattle under contract TWICE and put the property in University Place under contract in its FIRST WEEK in the market with our superior marketing strategy and consultation with sellers about the current market condition and the right pricing strategy. This is teamwork, we couldn't make this happen if our sellers wouldn't be fully on board and trust our process.

As much as I shared my success stories, I’d also like to share my “Lesson Learned” stories.

This was my friends' house. During the market time, we managed to generate 10+ offers. We even accepted one of them but buyer tried to take advantage of the current market situation and re-negotiated the price unfairly during their inspection period so we had to let them go.

Some of the last offers we received were only $10-15k lower than my client’s anticipated bottom line but they chose not to accept it due to changes in their personal life. It’s sad to pull this house off the market for them to reconsider their options at the moment. I wish nothing but the best for them, they know that I’m always here to help whenever they need me.

The Consumer Price Index fell again yesterday, pulling mortgage rates down again, and reflecting the cooling of inflation. This is all good news for the near future of our real estate market, as it will continue to force mortgage rates down. So I can guess that the market is going to be great for both buyers/sellers in the spring/summer.

Wishing you Happy Holidays and Merry Christmas 🎄☃️✨

Waov! That was quick! ☺️I'm happy for my seller client to generate an acceptable offer for them during their first week at the market. They didn't get any offer in 3 months in the market while their house was listed previously with a different agent. They already lost so much time and equity in the house but I'm glad to help them achieve their selling goal this soon.

This amazing home has got it all! Enjoy a partial view of Lake Washington & Renton from this spacious 5 beds,1.75 bath home. Main floor features open concept kitchen, living room w/ beautiful hardwood floors & a wood burning fireplace perfect for entertaining, 3 beds w/ full bath. On the lower level you will find 2 additional beds, family room w/ a cozy fireplace and recently updated bath. It’s well maintained, in a great shape w/ recent infrastructural updates. Recently repiped, upgraded electrical w/ new electrical panel (2021), new engine on the furnace and newer water heater (2019), & partial fresh paint. Large yard w/ garden space & room to play! Quiet street. Excellent Location close to I-5, 405, Downtown, Sea-Tac, Renton Landing.

Offered at $675,000
MLS # 2021756
🛏 5 Bed
🛁 1.75 Bath
📐 2,230 SqFt
📸

❄️ can’t stop us! After looking at the inside market information and indicators, our client decided to put their house in the market immediately without losing any time and more equity in their house.
Let’s find a buyer now 😊