If you need assistance, please call 509-590-4701

Home Value | pricing Blog

Monday, April 29, 2019   /   by Elizabeth Sorensen

Why FSBO Can Be a No-Go

In this DIY-age, it is easy to want to do everything by yourself. Saving money is great, and there are so many things today that we can do on our own after a simple Google search and a YouTube video or two. While sometimes doing it yourself saves you a few dollars, that isn’t  always the case when selling your home.


When looking at it from the outside, the For Sale By Owner option, or FSBO, may seem great. With a standard Realtor commission of 5-6%, wouldn’t it make sense to save yourself that money? Think again. In most cases, people choosing to take the FSBO route end up losing more than that when they try to sell on their own. Here are a few reasons to consider forgoing FSBO and hiring an agent.


1. Keeping emotions out can be difficult


Your home typically means something to you. It is where you’ve created memories. Because of that, it can be difficult to remove your emotions from a sale. Agents are there to be a mediator for rejections or nega ...

Read More


  selling home, home selling, spokane real estate, home seller tips, buying and selling a home, getting ready to sell, tips, real estate agents, haven real estate group, listing, home value, marketing, home buying, buying a home, sellers, zillow, spokane realtor, for sale by owner, first time home seller, elizabeth sorensen, fsbo

Monday, April 29, 2019   /   by Elizabeth Sorensen

8 Things Home Sellers Should Never Reveal (Except To Their Realtor)

When homeowners decide to sell, they may find themselves justifying their choice to anyone who’ll listen. But, as the old saying goes, “Loose lips sink ships.”
In today’s world where sharing is the norm, sometimes keeping your rationale for making a move all to yourself is the right move. Though sellers would never intentionally want to harm their chances of securing the best deal possible, by being a little too honest, they can ultimately lose leverage when it comes to negotiating.


The following are 8 things home sellers should never reveal (except to their Realtor).
1. “These taxes are killing me!”
No one enjoys paying property taxes, but watching them spike over time can be a huge turnoff for some homeowners — particularly those who don’t take advantage of public school districts or other amenities funded by tax dollars. Still, sellers who share that they believe they’re grossly overpaying will cause buyers to think twice ...

Read More


  selling home, home selling, spokane real estate, home seller tips, buying and selling a home, getting ready to sell, tips, real estate agents, haven real estate group, listing, home value, zillow, sellers, realtor, spokane realtor, home seller's guide, elizabeth sorensen

Saturday, April 27, 2019   /   by Connie Tracy

What is an Appraisal and Why do You Need It? Part 1

An appraisal is a vital part of the home buying and selling process. 

If you're purchasing a home with a loan or refinancing your mortgage, the appraisal will make an impact on the amount of the loan you will be able to receive.

If you are selling your home, you want the appraisal to go well to support the potential buyers' financing. Either way, it is important to know how the appraisal process works and how an appraiser comes up with the value of your home.

What is an appraisal?

An appraisal is a report of a home's value prepared for a lender. A trained and licensed individual called an appraiser will gather information and submit the report according to specific criteria. The appraisal typically occurs after the seller has accepted the buyer's offer, and the lender is getting the paperwork ready for the loan.

An appraisal is used to determine if the amount of the loan is appropriate based on the home's condition, location, and features. Typically, lenders d ...

Read More


  selling home, home selling, spokane real estate, home seller tips, buying and selling a home, home value, home buying, buying a home, sellers, negotiation, realtor, spokane realtor, connie tracy, appraisal, closing, over pricing

Saturday, April 27, 2019   /   by Connie Tracy

What Happens During an Appraisal? Part 2

Generally, a certified residential appraiser needs about six to eight hours to finish an entire appraisal. They start by researching the home. They look at the location... is it on a busy street or not and tax records. After that, they book the appointment and visit the house. 

An appraisal home visit will take about an hour... for the most part. Sometimes, they may not need that much time if they are familiar with the area. The appraiser comes in and measures the square footage of the interior of the house, minus the garage or any space that isn't permitted. They make sure that the reported square footage is the same as the actual footage.

There are three important factors of the appraisal:

* the square footage of the home
* any home upgrades or renovations
* comparables (homes similar in size, age, condition, and location to the home that have sold within the past six months to a year)

THIS IS WHY IT IS IMPORTANT TO GET COMPS FROM AN REALTOR

The idea is th ...

Read More


  selling home, home selling, spokane real estate, buying and selling a home, home value, home buying, buying a home, sellers, negotiation, connie tracy, value, appraisal, expert, over pricing, evaluation, negotiations

Saturday, April 27, 2019   /   by Connie Tracy

Sellers Need to Know! Part 3

What is an Appraisal Report?

The appraiser sends the report to the lender taking note of the value of the home and how it was reached. Lenders are required to give buyers a copy. It may include the following:

* Condition of the home and notes about the neighborhood
* Information about upgrades
* Interior and exterior pictures
* Maps of the parcel and home
* Information about the comparables
* Description of how the appraiser determined the home value
* The home's value

As a seller, it is helpful to have the home appraised for a higher value. Here are some steps to give the appraiser the best possible impression of your home.

1. Keep receipts or pictures of recent upgrades or renovations
According to some appraisers, renovations made in the past five years are most valuable. However, even if it has been more than five years, you may want to mention it. Take note any newer appliances that are part of the home such as a new dishwasher or stove. Having this ready bef ...

Read More


  selling home, home selling, home seller tips, buying and selling a home, getting ready to sell, home value, home buying, buying a home, sellers, home buyer tips, negotiation, buyer guide, return on investment, connie tracy, appraisal, adding value, home maint., inspections, over pricing, pre-inspection

Haven Real Estate Group
Cambria Henry
304 W Pacific Ave; Suite 360
Spokane, WA 99201
509-590-4701

IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS.
MIMLS The data relating to real estate for sale on this web site comes in part from the Spokane Association of REALTORS® MLS. Real estate listings held by brokerage firms other than Haven Real Estate Group are marked with the IDX logo. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Haven Real Estate Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Copyright 2019 of the Spokane Association of REALTORS® MLS. All rights reserved.