How do I sell my investment property (rental property) when tenant is still occupying the home? Or, does the property have to be vacant to proceed with a sale? Those are great questions and I'll shed some light on how investors sell their properties.

Selling an investment property possesses its own unique sets of challenge yet as long as they're planned for, these challenges can be mitigated. Here are 3 ways to sell a rental property.

1. List the rental property for sale while tenant(s) occupy the property.
2. Wait for the lease term to end. give proper notice, tenant vacates and then list the rental property for sale.
3. Approach the tenant to see if they'd like to purchase the property and remain in the home.

Though there are many other scenarios that could take place and wish they all could be all covered, for the sake of this article we'll focus on those three. If you have specific questions, please leave them in the comments or send us an email to info@barnettassociates.net and we'll be happy to assist.

Are you purchasing a home with leased propane tanks or are you selling a home with leased propane tanks? If so, then watch this short video with Toby sharing some insights into buying or selling a home with propane tanks on the property.

Is it a good time to sell a home in Snohomish County? Yes. It is a great time to sell properties in Snohomish County and that is not just a advertising ploy. Year over year, Snohomish County continues to experience extremely low inventory levels during the winter months and into early spring.

Being that we're approaching 2022, lets visit residential inventory levels from previous years to see when the ideal time to list a Snohomish County property is in its given city.

Monthly Housing Inventory Trends - Snohomish County

Housing inventory across Snohomish County are the lowest right after the new year with a major uptick in April. To be ready to list your home in April then start knocking off those home improvements items through the holidays and early new year. Housing inventory peeks through July - September so don't be late when listing and compete with a ton more properties.

Are you searching for homes that are on or around Tulalip? If so, then watch these two videos of this cute and move-in ready Tulalip rambler for sale. Also, if you would like to schedule a private tour then please contact Toby Barnett for scheduling and/or more information about purchasing on deeded tribal land.

Search All Homes on Tulalip for Sale: https://www.barnettassociates.net/tulalip/

Drone Video Tour

360 VR Video Tour

Are you searching the internet for local neighborhoods to go see Christmas Lights this December or wondering where an easy place to find the location for holiday displays? Have no fear as a Christmas Light Map of Snohomish County is here. So, pack up the auto, grab some coco or cider, pick a neighborhood destination with the help of this Google map of lights around Snohomish County.

Wow! What a year 2021 has been and we come into the 4th quarter, Mickie, Tracy, and I (Toby) are working hard to help accomplish folk's real estate goals, make improvements to the website, and revamp our newsletter.

To start, we'd like to thank the nearly 3,500 people who have registered, at one time or another, on the website and the nearly 500 people a day who activity use the website. Being a Snohomish County focused real estate team & website, it is a big deal to us to have so many that continue to find value in what we provide. Since the early years of online home search, circa 2005, when barnettassociates.net was the first local site to allow people to publicly search properties so much has changed, and we are continuing to look towards the future.

The website is receiving 2 major updates.

1. The search feature now has an even more Advanced Search section that is kind of hidden - we're working on that. The new Advanced Search section allows users search to search with finer detail that the normal search currently displayed. See it in action here.
2. The city pages have had their most recent property listings display count increased from 15 to 100. While most cities have a 100 or more properties for sale some do not. This change also will be applied to the city's subpages: neighborhoods, near schools, property style, by price, and zip code.

Please click to watch the video and hear who are this year's winners for Pink the Rink 2021. Thanks again for all your support and hope to see you all next year.

Over the previous several years, Snohomish County has experienced monumental growth within the new construction housing market dating back to mid 2013. To prologue this article, lets go back in time to 2007 when home values were plummeting and housing inventory was skyrocketing.

During the 2007 Recession local builders and developers all but stopped and the new construction housing market came to a standstill with banks no longer lending for big projects. During that time it wasn't such a big deal to have very little new homes to sell since resale inventory was more than abundant.

The abundance of new homes in Snohomish County that once bolstered housing inventory from a complete crisis might be showing signs of change.

In the graph below it can be seen that in 2013 new homes experienced an steep increase with availability from approximately 3 homes to 413 homes in 2015. From 2015 to approximately Aug 2020 new construction homes made up a good portion of homes sold within Snohomish County - a quick drive through Bothell, Lynnwood, Marysville, and Stanwood would easily tell that story.

However, since August 2020 there be decline in available new construction homes with less new neighborhoods being built.

Now lets look at new construction graphs for most of Snohomish County's cities.

It seems like we've been publishing real estate videos for years. Looking back, the Team published its 1st YouTube video on Feb. 6, 2015 and our most recent on Feb. 18, 2021. During these last 6 years, the Team created 212 real estate related videos encompassing 45 playlists and now have reached the milestone of 100 Subscribers.

Successes have come in various forms yet all started when the Team obtained FAA approval in 2015 to use drones for real estate. From that single event, the Team was invited to the Museum of Flight to have to booth on drones, some videos have reached the evening news for their quality as well as drones in real estate, Toby made the front page of the Everett Herald in 2015 for drones, and some videos have garnered tens of thousands of views.

The channel has evolved to include more than drone video and now includes 360 Degree, VR, video, home seller videos, home buyer videos, home maintenance videos, and will probably expand to other segments.

If you haven't already, please visit our YouTube Channel and click the Subscribe button.

If you’ve been keeping an eye on the housing market or have read the blog then you know that there is a shortage of homes for sale. The housing supply has continued to decline and competition from other buyers is contributing to the rise of housing prices.

What is not talked about enough is what buyers are willing to do to get their offer accepted.

As both a listing and buyer’s brokers, I have unique insight on how buyer’s broker’s and their buyers are writing offers to appeal to sellers. In this newsletter, I am going to share this unique insight with you.

Recently, I listed three different homes in Snohomish County ranging from $419,950 to $509,950. Each home was in a neighborhood, varied in size and bed/bath count, and all had a fenced yard. Each home had the exact same marketing plan: professional photography, drone video, postings to socials as well as a listing on the NWMLS. In addition, each home was listed publicly for sale on a Thursday and had an offer review date for the following Monday. Using this strategy allowed the sellers to have a full showing schedule to yield the most attractive offers.