I have always been an agent that is glad to give feedback after showing a home. I will usually send my feedback through our MLS system using the “Supra/KIM” reporting system. I do this as a part of my showing schedule.
Lately, I have been showing tons of homes - HELLO BUYER’S MARKET! - And still I have been able to follow my routine of sending feedback. If my email hits the listing agent’s spam folder and they happen to give me a call I will for sure take it and give them some feedback.
What is the definition of “feedback” in the real estate world?
Here is the Merriam-Webster’s definition:
Main Entry:
Feedback Pronunciation:\ˈfēd-ˌbak\
Function:noun Date:1919
1: the return to the input of a part of the output of a machine, system, or process (as for producing changes in an electronic circuit that improve performance or in an automatic control device that provide self-corrective action)
2 a: the partial reversion of the effects of a process to its source or to a preceding stage b: the transmission of evaluative or corrective information about an action, event, or process to the original or controlling source; also: the information so transmitted
3: a rumbling, whining, or whistling sound resulting from an amplified or broadcast signal (as music or speech) that has been returned as input and retransmitted
That sounds like a simple explanation. I am going to give you the “Listing Agent” some evaluative or corrective information about your listing. The Key word in this definition to me is LISTING, as in ABOUT YOUR LISTING.
I am NOT going to give you any “facts” about my Buyers. Giving you information about my buyers is not what you should be calling to ask me.
Over the last, several weeks I have had several agents call me for feedback whether they read my email or not trying to solicit facts about my buyers. I know you work for the seller and I know you feel it is your responsibility to get as much information from me as possible – but hey BACK OFF!
I will not spill the beans on my buyer’s intentions or give you any type of facts about them prior to writing an offer. I will give you MY “feedback” on your listing – maybe I have just been “brought” up a different way. I will NOT give you “feedback” from my buyers or facts about them.
Authored By: Jo Soss : WestSoundLive.com
If you want to speed up the sale of your home in this semi-slow market, you must make sure your home is in top-notch shape. The days of throwing a “for sale” sign up, attaching a lock box, and entering your home on the internet are long gone. Buyer’s are in charge now and they are more educated than ever. The internet has allowed buyers to learn and become experts in the home buying process.
You as a home seller must now educate your self to what a “buyer’s market” is and what it means to you as a home seller. You are going to have to work hard and team up with many professionals to be the shining star on your block - where in reality there is a constellation of homes on the market.
I am sure you have read all of these tips before and now you need to implement them.

1. You will not be living here anymore - so take down your personality. Remove all of your “do dads”, “trinkets” and photos of Aunt Carolyn’s last birthday. You want your home to look like a new construction model home. Bring a real estate home-staging professional on board your team.
2. Pack it up. You will be moving so rent a storage locker and move some of the crap family’s belongings out. Buyers want to see how spacious your home is. They want to imagine their crap possessions in your home.
3. Get it fixed! The title says it all, “Buyer’s don’t want to buy repairs”, and they don’t! I know several of you have a few of those small little projects you have been meaning to finish.
4. Do everything you are told. You are going to be hiring professionals to assist you in selling your home. Did you see that word “assist”? You need to remember you are a part of this team and you will have to pull your weight with the home selling plan. Your real estate agent, your home stagger and others will have precise instructions on what your roll is and what their roll is. Listen and Implement!
Give me a call if you need to chat about selling your home, I am always available to answer your questions and for FREE.
Authored By: Jo Soss : WestSoundLive.com

Here is the Real Estate Market Activity for January - September 2008. Check back each month to see the monthly 2008 trend for Bremerton WA.
On September 30th there were 643 homes for sale with 2 of those homes listed as a contingent sale and 67 homes listed as Pending Inspection (new NWMLS term STI was replaced) which means there is a contract that has been presented and accepted by the seller with the condition of the home inspection or a feasibility study.
Once the home inspection has taken place these 67 homes will either go back on the market or be listed as pending. These homes are not available for public view and will not show in the active section of the Northwest Multiple Listing Service. (NWMLS)
During the Month of September 116 homes were new to the Bremerton area Real Estate Market with a median price of $236,250
During the Month of September 108 homes went under contract and were removed from the active Bremerton homes data base. The median price for Bremerton area homes was $221,250 with a market time of 102 days (median).
During the Month of September 66 homes sold - which means that ownership changed hands and there are new owners listed on the tax records recorded at the Kitsap County courthouse. These Bremerton area homes were on the market 87 days (median) and sold for a median price of $227,275.




An absorption rate is the mathematical relationship of supply and demand. The absorption rate is the number of months it would take to sell the entire inventory of homes in the Bremerton area of Kitsap County if the pace were to stay constant.
The Absorption rate in the Bremerton area is 42.21 weeks or approximately 9.74 months of inventory if the current conditions remain unchanged. These figures have increased. We are now have 2 more months of inventory than what the stats showed in August. Of course the sold count for September was down while the homes new to the market increased just slightly. Pending in September was a good healthy number and so next month the figures will reflect that data. Remember absorption rates tracks trends.
Using absorption rates can help you define markets. My definition breaks down like this…
Normal Market - Between 5 and 6 months of inventory.
Seller’s Market - Between 1 and 4 months of inventory.
Buyer’s Market - 7 months and higher.
If you would like to find out the value of your home please feel free to contact me via phone or email. I would be more than happy to supply you with a
FREE Market Analysis
.
If you would like to purchase a home in the Bremerton WA Real Estate Area please give me a call or contact me via email. We can discuss your future plans and I can set you up on an email campaign to receive the hot new listings quicker than YOU can find them.
“Statistics not compiled or published by NWMLS.”
Equal Opportunity Housing
All information deemed reliable, but not guaranteed
Jo Soss-Olson · WestSoundLive · Copyright © 2008 · All Rights Reserved
Authored By: Jo Soss : WestSoundLive.com

Here is the Real Estate Market Activity for January - August 2008. Check back each month to see the monthly 2008 trend for Bremerton WA.
On August 31st there were 551 homes for sale with 4 of those homes listed as a contingent sale and 57 homes listed as Pending Inspection (new NWMLS term STI was replaced) which means there is a contract that has been presented and accepted by the seller with the condition of the home inspection.
Once the home inspection has taken place these 57 homes will either go back on the market or be listed as pending. These homes are not available for public view and will not show in the active section of the Northwest Multiple Listing Service. (NWMLS)
During the Month of August 114 homes were new to the Bremerton area Real Estate Market with a median price of $248,500
During the Month of August 78 homes went under contract and were removed from the active Bremerton homes data base. The median price for Bremerton area homes was $223,600 with a market time of 114 days (median).
During the Month of August 75 homes sold - which means that ownership changed hands and there are new owners listed on the tax records recorded at the Kitsap County courthouse. These Bremerton area homes were on the market 104 days (median) and sold for a median price of $226,600.




The Absorption rate in the Bremerton area is 32.41 weeks or approximately 7.35 months of inventory if the current conditions remain unchanged.
An absorption rate is the mathematical relationship of supply and demand. The absorption rate is the number of months it would take to sell the entire inventory of homes in the Bremerton area of Kitsap County if the pace were to stay constant.
My definition breaks down like this...
Normal Market - Between 5 and 6 months of inventory.
Seller's Market - Between 1 and 4 months of inventory.
Buyer's Market - 7 months and higher.

If you would like to find out the value of your home please feel free to contact me via phone or email. I would be more than happy to supply you with a FREE Market Analysis . If you would like to purchase a home in the Bremerton WA Real Estate Area please give me a call or contact me via email. We can discuss your future plans and I can set you up on an email campaign to receive the hot new listings quicker than YOU can find them.

"Statistics not compiled or published by NWMLS."
Equal Opportunity Housing
All information deemed reliable, but not guaranteed

WestSoundLive · Copyright © 2008 · All Rights Reserved
Authored By: Jo Soss : WestSoundLive.com
It is the little things of an area that always intrigue me. Since I moved back to Bremerton and restarted my real estate career with blogging I have wanted to take a picture of the "Welcome to Bremerton" sign that greets those leaving Highway 3 at Kitsap Way. I always thought it nice for a city to have these types of signs. There is one on Wheaton Way in East Bremerton too and I am sure a few more I haven't seen.
I just kept putting off my stop to the sign because it was in need of cleaning. One day I even took a jug of water and a Magic Eraser with me so that I could clean off the green mossy stuff that grows on stuff here in the Bremerton area of the Kitsap Peninsula. I pulled in the parking lot of the Dairy Queen across the street but just didn't have the nerve to go and clean the sign! I do some pretty kooky things around town getting pictures for my blog and all I could think of was two words, "Crazy Lady".
I spent 3 weeks up in Alaska the end of July and into August and on my way home after my return flight I turned off Highway 3 onto Kitsap Way and there it was - the sign - all shiny and new! A new color, a new design and WOW how cool!! This is the style of the new signs downtown around the Bremerton Boardwalk. I was just too excited. So after a couple of weeks getting back into the groove of business I made a special stop to take the picture. I know this sounds silly - but this is where I live and I love it!

Jo Soss-Olson · WestSoundLive · Copyright © 2008 · All Rights Reserved
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