You may know more than you think!

It’s true you know. We all know more than we think. Why is that? Often it is because we know things that we think that no one else would be interested in.

It to that end I speak. Perhaps you know os someone who owns a multi family property within the greater Portland Oregon area that they are considering selling. Perhaps they are friends of yours or perhaps it may be you, and you or they are just tired of all the rental complaints and or ill timed calls.

Or maybe its just a friend who is overwhelmed and doesn’t know where to turn. Rest assured I will treat your friend with the utmost respect and will always tell them the truth. You see I am not trying to take advantage of anyone. I am just trying to provide a steady flow of good inventory for my clients. Many who are cash buyers but all who are willing to pay a fair market price.

If you think you can help either pass my name and number or provide me with the contact information of your friend.

A real estate transaction with Herb is one you may benefit from!

Herb Hamilton is a licensed Broker in the state of Oregon.

Herb’s cell 503-515-8889

The Confused Dog Look

I had recieved an email in response to an internet add for Portland Oregon Properties for sale. The properties sounded pretty good and they were in an area that I like very much.

What was odd though was the Internet add did not identify any real estate company. Perhaps this was an Investor dumping properties? Or perhaps this was a SCAM ! Hijack or Scam, something did not smell right. Today on the Pickle!

The_Confused_Dog_Look!

Becky The Bomb

Do you over promise and under deliver? Sucessfull companies employ sucessfull people. The back bone of any great company can be broken by CEO’s or by the lowest man/woman on the totem pole.

Today on The_Pickle it still puts a smile on my face when I think about it. Guess she never learned the lesson about under promissing and there by over delivering. Check it out www.realestatepickle.com

To Advertise or NOT ? Whats the Point!

Those of us who are in business for ourselves frequently fall prey to many sorts of advertising schemes. Advertising is important and has its place yet most of us do not know how to effectively use advertising to our advantage.

Perhaps it is because we can’t answer this simple question. ” What’s the Purpose of Advertising ? ” The_Pickle_has_the_rest_of_the_story!

Portland Real Estate Buyer’s Wait or Buy ?

There has certainly been a lot written about the housing industry in the last year or two. So much so it is difficult for the consumer to make a rational choice. The fear of making the wrong decision is such a great burden that most will choose to do nothing.

Is this however the right choice for you? In Portland Oregon we have enjoyed over the many years a strong real estate market that supports a modest yearly increase in home values. Generally it runs around 6 %. The last couple of years however have ran at about 14%. For some area of the country these numbers would be considered very low. In some markets they have seen appreciation rates rise as high as 50% in as little as 6 months.

The pitfalls of an expanding market in the double digits is that it tends to produce wild speculation. Often times a feeding frenzy much like Auction Fever will follow causing buyer’s to bite off more than they can chew based on the anticipation that the market will continue to expand and that they will all look like geniuses down the road.

Of course we all know that nothing can go up forever as is now being born out in today’s real estate market. In those markets that experienced the high double digit moves, many are now in decline. Some in a severe decline. For those that experienced modest improvements much like Portland the decline is not one of value but one of speculation.

In the past if a Portland property’s market value was determined to be $300,000, Seller’s and their Real Estate agents might speculate that they could get as high as $365,000 as the market was expanding at a rapid rise. Today’s agents know that in this market place following that strategy is a formula for disaster. Today’s properties must be offered at value. If you want to give yourself an edge you should strongly consider a market price lower than market value.

Other wise you may wind up as one of the many owners whose properties sit and sit taking price reduction after price reduction and finally end up as an expired listing.

Does this then make it a good time to buy or not? It is the perfect time to buy. What better time is there when the market is not expanding at double digits and there is a lot of product on the market to choose from. Currently we are running at about 7% increase in the median homes sales price over the last 12 months. That is a slight improvement over the last two months. Is this a signal that we are beginning to make that push back up the ladder to the double digits. Perhaps not right away but one thing is certain, much like nothing goes up for ever similarly nothing goes down for ever.

To find out what the market is like in your favorite neighborhood be sure to sign up for  House_Hunt_Portland where your next home finds you. Your free daily emails will arive at around 5:30 am every morning. Property matches will include Full Listing details with Photo’s and the Address.

Come read about Dawn_and_Andy’s_Home_Buying_Success_Story_Using_House_Hunt_Portland