Raising the Bar
Elizabeth Erickson is the owner/designated broker at Gallery Homes Real Estate in Mukilteo. She has more than 20 years experience in the real estate profession.
Additional Column Posts (1 - 20 of 33) Next Page
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The selling success of higher priced homes – Part 1
By Elizabeth Erickson - Apr 10You might be surprised to find out what defines a ‘premier’ or ‘masterpiece’ or similarly labeled higher-priced property. It’s not simply price ...
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Consult an attorney before listing a distressed property
By Elizabeth Erickson - Feb 13In the last five years we’ve seen a cottage industry arise, spawned from the economic crisis and housing market collapse. “Short sale negotiators” ...
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The benefits of renewing a defunct HOA
By Elizabeth Erickson - Dec 12It’s been years since dues have been collected or meetings held. No annual updates of the homeowners association have been sent to the state. ...
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HOAs: The good, the bad, and the ugly
By Elizabeth Erickson - Oct 10Many residential communities have Home Owner Associations. Often they might seem like they hold little relevance – until rules are broken. Resident...
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Buyers understandably wary of bidding wars
By Elizabeth Erickson - Aug 08Currently there are few homes for sale and a disproportionate number of qualified buyers. We know there’s a huge “shadow inventory” of bank-owned ...
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Who nurtured your potential?
By Elizabeth Erickson - May 09The micro-lending organization KIVA ( HYPERLINK "http://www.kiva.org" www.kiva.org) sent a reminder that the funds I’d loaned to three strangers ...
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Expectations of your buyer’s broker
By Elizabeth Erickson - Mar 14So you’re ready to buy your home, but you’re not sure of the whole process; what to expect and where to find help. You’ve started looking online ...
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The changing role of appraisals
By Elizabeth Erickson - Jan 11During the ‘crazy years’ from about ‘04 to ‘08, it was rare for appraisals to come in lower than the contracted sales price. The buyer’s lender’s ...
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Distressed properties: 'Everywhere else, but not here...'
By Elizabeth Erickson - Oct 12“But ours isn’t a short sale... it’ll be better next spring... But we owe... we paid... we need...” Brokers who still remain in the ...
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Should you buy or should you sell?
By Elizabeth Erickson - Aug 10Last Thursday and again on Monday, Chicken Little was out squawking again, “The sky is falling!” as the stock market took big tumbles. By the time ...
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Home sale preparation: Clear out your clutter
By Elizabeth Erickson - Mar 13Word’s out: The market is hot! Wait just a minute. In Mukilteo, there are currently 51 active residential listings – 37 houses, 14 condos – 30 of ...
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One small detail can make a big difference
By Elizabeth Erickson - Jan 09The North West Multiple Listing Association’s real estate purchase and sale forms were a collaborative effort of many attorneys and real estate ...
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Real estate scams and scallywags
By Elizabeth Erickson - Nov 14I’ve been “working” with an “all-cash,” “foreign buyer” who plans to buy a home sight-unseen and close in a month. He’s provided a Bank of China ...
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The transfer of home ownership
By Elizabeth Erickson - Sep 12It’s difficult to remember a time when home sellers handed the keys to the new homeowner themselves. “Have a glass of lemonade! We’ll show you how ...
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Selling a home for more than asking price
By Elizabeth Erickson - Jun 13This spring the overall real estate market has morphed from “languishing” into an environment that is generating multiple offers. This quick ...
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Create a successful partnership to sell your home
By Elizabeth Erickson - Apr 11Sellers and listing brokers forge a relationship through a written contract, which has a beginning and an end. Optimistically, the end of a ...
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Short sales and what they mean for the American Dream
By Elizabeth Erickson - Feb 08For too many homeowners in this worst of all possible worlds, the outstanding mortgage taken out in 2006-09 is more than the current value of ...
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“It was the best of times, it was the worst of times...”
Dec 07According to the most recent Northwest Multiple Listing Service statistics for all NWMLS counties: “For homes and condominiums sold last month, ...
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Lessons from a learned negotiator
By Elizabeth Erickson - Sep 14“That’s stupid! That’s just a stupid offer!” Looking back, it seemed like he levitated from his surly slouch. Presenting an offer to sellers ...
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Those pesky 2012 property tax assessments
By Elizabeth Erickson - Jul 13(Side question of the month: In the last 6 months, how many homes sold for $1,500,000 or more in King, Snohomish, Island, San Juan and 5 other ...
