Mobile Full Width Tablet Small Desktop
  • Company
    • About Eleete
    • Our Team
    • Resources
      • News
      • Title & Escrow
      • Home Loans
      • Our Moving Truck
      • Preferred Vendors
    • Join Our Team
  • Properties
    • Our Listings
    • Map Search
    • Advanced Search
    • Listing Email Alerts
    • Sign In
  • Services
    • Buyers
    • Sellers
    • Relocation
  • Neighborhoods
  • News
    • Lee Knows Blog
    • All News
  • Contact
  • Company
    • About Eleete
    • Our Team
    • Resources
      • Title & Escrow
      • Home Loans
      • Our Moving Truck
      • Preferred Vendors
    • Careers
  • Properties
    • Our Listings
    • Map Search
    • Advanced Search
    • Listing Email Alerts
    • Create Account
    • Sign In
  • Services
    • Buyers
    • Sellers
    • Relocation
  • Neighborhoods
  • News
    • All News
    • Succession Program
    • Open House Spotlight
  • Contact

Going to Sell? Act Now!

Going to Sell? Act Now!

May 5, 2020 1:42 pm

Despite the Covid 19 virus, homes are selling, especially those under $800,000. In the past week, we have seen a home receive 21 offers, and another receive 12.  In each case, there were great reasons for the demand due to the scarcity of the specific type of home, but the point is, buyers have time to surf the web and they are shopping.

Many sellers have wisely held off on listing their homes due to the virus, further reducing the supply of homes available.  When you combine that with low interest rates, the existing pent up demand, and buyers with time to shop online, we are seeing many homes sell quickly. On the other hand, the higher end homes are moving slower, as those buyers are strongly impacted by the stock market and anxiety about the future of the economy. It is a strange time.

It is our prediction that we will see a surge of new inventory once the “stay at home” orders have been lifted and businesses begin to open. This will be great for buyers, and while we all hope to see the economy hang in there, it will not be surprising if sales slow once buyers can see there is product available. Like toilet paper, homes are scarce right now, and many buyers are quick to tie up a property.

Remarkably, our industry has rapidly increased our virtual sales efforts and has adopted new showing practices to be respectful of social distancing. We are fortunate, thanks to Governor Brown, to be considered an essential business and thanks to technology, such as Zoom and Facetime, we can conduct most of our business virtually. As real estate practitioners, while the new normal works, we surely miss the personal touch and yearn to get back to our face to face relationship-based service.

At ELEETE, we are small enough to be nimble and have acted swiftly. Every listing at ELEETE now has its’ own website and domain name that is the address of the home (for example, 333SWELM.com). This new format provides each of our properties with its’ own unique platform to provide full access to everything a buyer would ever want to learn about your home: photos, maps, specs, brochures, video, HOA documents, etc.  It is our goal to ensure that every buyer is fully informed before we schedule a showing appointment. Call your ELEETE Broker today to learn more.

Resources

  • News
  • Title & Escrow
  • Home Loans
  • Our Moving Truck
  • Contact Eleete

“

I highly recommend Eleete Real Estate. I have done two transactions with Lee and his team and the experience was outstanding. The team has great knowledge of the area, but most important, they really listen to your needs and concerns. Everything was handled with the utmost professionalism, zero pressure and response was immediate to our requests. Whether you are buying or selling a home, Eleete Real Estate is the best choice for the NW Portland area, no question.

Benjamin T. - Portland, OR

“

We enjoyed working with Lee and his staff. We listed the house in December, in a tough market. The house was priced correctly, the marketing was done professionally and the house sold within weeks. We had a closed transaction in January. We were pleased with the sales price and the efficiency of the process. The staff at Eleete were friendly, communicative and very professional. Thank you again Lee for a positive experience.

Bill T. - Beaverton, OR

“

The team at Eleete have helped me on several transactions…both personal and business related (I’m a local builder/developer). You won’t find a more professional and knowledgeable staff that will work tirelessly for you and your best interests.

Eric T. - Portland, OR

Contact Us

Office

9200 SW Barnes Rd.
Portland, OR 97225

Phone

503-292-1500

Email

info@eleetere.com

 

SOCIAL

Site Links

  • Listings
  • About
  • Home Buyers
  • Sell With Eleete
  • Neighborhoods
  • Broker Resource Links
  • Contact
  • Privacy Policy
© 2021 Copyright Eleete Real Estate. Site by Deep Root Design