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Gerhard Ade Listings & Blog

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Gerhard Ade covers Seattle Real Estate and more.

For the past five years, Gerhard Ade has published the "View from the Street" a monthly newsletter he writes for his clients and friends. Appearing at the end of each month, Gerhard covers not only real estate but other topics that are close to his mind and heart. To reach a broader audience, Gerhard posts each newsletter on ReSeattle.com. Don't miss what Gerhard has to say and subscribe to his "View from the Street" right here!

RSVP Real Estate

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RSVP: No Regrets

Six years ago, I left a national real estate “brand” and joined RSVP Real Estate.
Here’s what I wrote at the time.

RSVP Real EstateI made this change to improve the services for my clients. My lower operating costs will allow me to allocate financial resources with greater flexibility. After all, not one transaction is the same as another and no seller and no buyer are alike.

Better technology is the second reason for this change. Some real estate companies with long histories have found it difficult to reinvent themselves gradually. Urging brokers (formerly called agents) to blog and twitter doesn’t automatically close the gap between yesterday and today. [Read more…] about RSVP Real Estate

Woodinville Vinterra

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Woodinville Vinterra
Real Estate around Seattle

Woodinville Vinterra: Kingsgate living up to its name

The Woodinville Vinterra used to be the fertile ground of the Vibrant Plant Nursery.  My wife and I went for walks on the southern border of the nursery on the path created by the natural gas pipeline. The path is still there but the nursery is gone.

In the low millions

When the development was first announced about four years ago, expected pricing was “in the upper $700s”.  Now, four years later, more than 100 of the 157 new homes have sold for $1 million and more.

Woodinville Vinterra DevelopmentWoodinville Vinterra DevelopmentI took some pictures during the early stages of the development. The nearly flat 33.35 acres were perfect for new houses in one of the best locations on Seattle’s Eastside. Right across the street on the western border of the Woodinville Vinterra is Kirkland’s Kingsgate territory and homes north of Juanita-Woodinville have Bothell addresses. [Read more…] about Woodinville Vinterra

Seattle Home Prices

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Seattle Home Prices
Real Estate around Seattle

How will you know if the price is right?

How would you like to be a real estate broker in this market?  If you represent buyers, the record low inventory and escalation clauses can make your life miserable. If you represent one of those rare sellers, you are fortunate indeed.

The rise in Seattle home prices doesn’t make pricing any easier. However, pricing is more critical than ever. When there are 10o homes for sale in a community it’s not that obvious that ten are overpriced. When there are only ten homes for sale, the one that is overpriced is easy to spot.  Buyers are eager to buy but they are not stupid.

In a sellers’ market, the right listing price is the one that attracts buyers who are willing to pay more than the listing price. How do I know what the right listing price is? With few or no comparable homes for sale and few homes sold in the recent past, pricing is a delicate task. Obvious underpricing to incite bidding wars is a risky strategy. Buyers may take you by your word. [Read more…] about Seattle Home Prices

Why I’m not a Realtor®

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Why I’m not a Realtor®
Real Estate around Seattle

Why I’m not a Realtor®

You can call me a Realtor®, but I should not call myself that. I’m not a Realtor®. Only members of the National Association of Realtors® (NAR) can call themselves Realtors®. Those who are not members are simply real estate agents or real estate brokers.

By the way, in Washington State, all real estate agents are real estate brokers. Real estate brokerages are officially called  “firms.” Brokers in charge of franchises and their offices are called Managing Broker or Designated Broker. [Read more…] about Why I’m not a Realtor®

House Hunting in Snohomish and King County

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House Hunting
Real Estate around Seattle

Let’s go house hunting!
Low-emission search. Organic results.

I went house hunting for you in Snohomish and King County. While inventories are at a historic low in most areas, there ARE homes for sale.

I searched the Northwest Multiple Listing (NWMLS) database for single-family homes. Some townhouses or condos will be included if they are free-standing structures.  The only requirement for all searches was at least three bedrooms and at least two bathrooms.

Search results are as of February 25th and 26th. The actual results of the house hunting reports may be different because hour by hour the count changes.  To get the house hunting report of your county/price range, enter the county and price range on the pop-up form. [Read more…] about House Hunting in Snohomish and King County