february 2022 Ty’s Monthly Real Estate Digest
how to sell your home in 2022 key. Here are a few things to do before your agent creates an official listing for your home.
Many experts believe this trend will continue into 2022, so there is still plenty of time to capitalize on it. The good news is that selling your home is easy with the right professionals to guide you. Our helpful guide will walk you through the process one step at a time.
DECLUTTER YOUR SPACE | Whether it’s piles of half-read books, drinkware, or an impressive collection of chargers for your electronics, we all have some degree of clutter around our homes. When trying to sell your home, these things will only get in the way. Put them away and out of sight to keep the space clean, impersonal, and easy to navigate.
FIND A BROKER | Finding a qualified real estate broker should be the first thing on your to-do list when preparing your home for the market. There are ways to sell your home independently these days, so some people decide to skip this step. This may sound like a good idea at first, but many of them come to regret that decision later on.
SWITCH TO A NEUTRAL DECOR | Your home decor may match your tastes exactly, but it probably won’t appeal to buyers. Do what you can to make the space look as neutral as possible. Remove posters and personal photos, store away any eclectic bits of furniture, and consider painting any rooms with bright or unconventional wall colors.
A real estate broker will take care of pricing, listing, and marketing your home – all of which you would otherwise have to do on your own. Their help will save you a lot of time and stress, and their expertise ensures that you get as much money as possible from the sale of your home.
GET UP TO DATE ON YOUR MAINTENANCE TASKS | Make sure that everything around the house is in good working order and looks presentable. Creating a maintenance schedule can help you stay on top of tasks if you think your home might be on the market for a while.
PREPARE YOUR HOME FOR SALE | To get the best results when selling your home, you have to treat it like a product in a store: presentation is
GET READY FOR SHOWINGS | Once you’ve drummed up some interest in your home, it’s time to start showing it off to prospective buyers.
(continued on next page)
If you’ve been thinking about selling your home, there’s never been a better time to do it. Home prices have been surging to unprecedented highs all year.
FEAT U RE
A TA ST E w i t h
Ty McCollum
selling your home in 2022
(continued) Your broker will handle all the arrangements and scheduling considerations, so there’s no need to worry about that. Instead, focus on getting your home and family ready. Make sure you keep on top of your cleaning and have a place to go during showings. This can be difficult with kids, but it helps if you have a friend or family member living nearby who you can visit on short notice.
Devonnie Black is the chef and owner of Devonnie’s Bites in Seattle.
REVIEW OFFERS | After your home has been on the market for a while, you can move on to the fun part: reviewing your offers. The current market is extremely competitive for buyers, so you might have multiple offers to choose from. You might think it makes sense to just choose the highest one, and that may end up being true. However, there are a few other factors you should think about when weighing all of your offers.
She offers catering and private chef services as well as an online bakery where you can have her delicious vegan cookies shipped anywhere in the U.S.
Are your buyers pre-approved by their bank? If they are, you can cut the closing process down by several days. Have they asked for any concessions? Have they asked for a buyer’s contingency? What is the timeline on their offer?
You can catch her on Gordon Ramsay’s new cooking competition, Next Level Chef which airs on FOX.
CLOSE THE SALE | Once you’ve decided which offer you will accept, it’s time to let the buyers know and start working to finalize the deal. You’ll have to take the home off the market, but you won’t receive your funds right away. You will need to give the buyer time to inspect the property and decide if they really do want to go ahead with the purchase. After financing matters are sorted out, you’ll need to sign the title and escrow documents to finalize the sale. Once the buyers have been recognized as the official new owners and your money has been transferred to you, the process will be complete. GET READY TO MOVE | Remember, there is more to selling your home than completing the transaction: you also have to find a new place to live. Whether you have another property ready to move into or plan to stay with friends or family for a while as you scout out a new place, you’ll need to have all of your belongings cleared out before the new owners take possession of your home. If you need to go house-hunting yourself, with the right agent to help you, you’re sure to find the right home for you.
Check out her website for more details by scanning the QR Code below or by visiting: Devonniesbites.com.
She is also on Instagram seving up delicous recipes and items on this week’s menu. Scan the QR Code below to follow Devonnie’s journey or search her handle on Instagram: @devonniesbites.
Check out the most beautiful luxury properties in the Pacific Northwest. http://www.coldwellbankerbain.com/magazine
Refresh Your Interior Design for the New Year Switch it up in 2022 with little effort or cost: It’s fast, easy and satisfying. Wish you could wave a magic wand and change up your décor? Well, the wand trick may not work, but reimagining things you already own in fresh and exciting ways can breathe new life back into lackluster interior designs. Sometimes, it’s just a matter of switching things up. Chances are you already have what it takes to refresh your décor. So stop taking your once-coveted finds for granted and have them speak to you again. Start by reconsidering where decorative items and furniture can relocate within your home – big change begins by making simple yet strategic moves. Picture This. How many times have you passed by that painting on the wall without taking a second look? Then it’s time to let it live somewhere else. Imagine your art, framed pictures and mirrors in different rooms of your home. Try them out in areas of the house with corresponding color palettes. Soon you’ll have a newfound appreciation for those familiar – now repurposed – favorite pieces that will once again engage your attention.
Presto Chango. A little to the left … now to the right. Play this game of musical chairs and sofa for a fresh new take on your furniture placement. By simply moving key objects around most any room, you’ll discover a brand new outlook on your interior design. A fresh perspective is sometimes all it takes to shake things up. Pillow Talk. That cushy little bundle of comfort may not get much attention, but if you swap out your throw pillows for ones in a fresh pop of color or pattern, you’ll be amazed at the impact they can create. It’s an inexpensive way to introduce a renewed sense of aesthetics into a room and enliven all-too-familiar furniture. Accent pillows and throws can be the common thread that runs throughout an interior design to tie the color scheme together. When it comes to design, not everything should stay the same forever. So be open to the possibility of change and start moving a few things around – you’ll be pleasantly surprised at how things take on a fresh new look when you switch them up.
TY MCCOLLUM
BROKER | LAKE UNION
206.886.9848 e: tymccollum@cbbain.com w: TyMcCollum.cbbain.com
Coldwell Banker Bain 1200 Westlake Avenue N Suite 406, Seattle, WA 98109
TY MCCOLLUM
BROKER | LAKE UNION
206.886.9848 e: tymccollum@cbbain.com
www.TyMcCollum.CBBain.com facebook.com/tymccollumrealestate instagram.com/tymccollumrealestate/
SNOHOMISH
KING
PIERCE
MARKET STATISTICS JANUARY 2021
linkedin.com/in/tymccollum/
Median Sales Price
Year/Year % Monthly % change change
Auburn
$624,500
5.2%
-12.0%
Ballard | Greenlake | Wallingford
$937,000
-1.6%
-23.3%
Belltown | Downtown Seattle
$750,000
-0.3%
-43.1%
Black Diamond | Maple Valley
$515,000
9.5%
-12.6%
Bothell | Maltby | Clearview
$760,000
15.1%
-19.4%
Capitol Hill | Madison Park
$769,000
-4.4%
-5.6%
East Bellevue | South Redmond
$800,000
100.0%
-1.8%
Edmonds | Lynnwood
$646,827
26.3%
-16.5%
Everett | Mukilteo | Mill Creek
$508,000
28.0%
-22.4%
Issaquah | Sammamish | North Bend
$715,112
22.7%
-5.0%
Kent
$471,000
18.4%
-34.1%
Kirkland | Bridle Trails
$865,000
30.5%
-32.9%
Lake Forest Park | Kenmore
$800,000
22.4%
-13.3%
Lk Stevens | Machias | Granite Falls
$537,000
25.9%
-16.2%
Marysville | Stanwood | Lakewood
$490,000
21.7%
-16.2%
Mercer Island
$687,000
15.7%
-3.1%
Queen Anne | Magnolia | Lake Union
$696,500
0.5%
-8.4%
$1,204,000
-32.0%
-63.0%
Renton | Highlands
$715,000
-6.2%
-9.5%
South Bellevue | South Issaquah
$819,500
63.9%
-6.9%
Tacoma | University Place
$519,000
3.9%
-7.4%
West Bellevue | Medina
$772,475
84.8%
-3.4%
West Seattle
$457,900
2.7%
-29.4%
$2,022,500
33.4%
6.4%
Redmond | Carnation
Woodinville | Juanita | Duvall