Chris has been showing a whole bunch of homes outside of PDX lately – in the cities of Hillsboro, Beaverton, Tigard and West Linn. I’ve been getting a good chuckle when he reports back what sorts of conversations he’s having with those listings agents. Not only is the market hot in Portland, its uber hot out there as well. Homes in the burbs that are already priced over the comparables around them. are still going $20,000-$35,0000 over asking. The homes are buyers have written on have all been part of bidding wars.
Here’s what some of those agents are asking for behind the scenes:
Agent #1 – “Yes, I know this one is going to go crazy over. You’re right Chris, everyone that has written an offer are first time home buyers. Maybe you could just ask your folks to write in ‘no repairs what-so-ever’. Yeah, maybe that would get you close to getting the house.”
Agent# 2 – “I get that your buyers have never written an offer before. Can you have them waive their appraisal contingency and release their earnest money up front. That might get their offer selected.”
We can only chuckle. Money doesn’t fall from the sky. There is no way we are going to push our clients to do something they are not comfortable with. There is simply too much liability on all ends. We are excited for the market to change again – to normalize.
Broker | Earth Advantage | OR
When you meet Tracy Dau, it doesn’t take long to realize where her true passions lie.
She loves houses and loves matching her clients with the place that’s perfect for them. Ask her clients and they’ll tell you she’s a whirlwind of energy, a juggler of projects, a creative force, a good listener and a tireless advocate. She comes to the job with a vision for what’s possible and the background to make that happen.
Maybe it’s because she grew up in the breathtaking town of Juneau Alaska, where it rains 250 days a year. It’s the kind of place where you either give into gloomy weather or dig deep and find the will to preserve. Maybe it’s because her folks instilled in her the drive to succeed.
For the past sixteen years she has gutted and restored many houses, using any opportunity to work with her hands. Blending her formal training as a fine artist and designer with her experience as a builder, these old-house remodels have become her creative canvas. Her time as a product developer and architectural consultant at Rejuvenation
House Parts introduced her to a community of like-minded folks who encouraged her to become a REALTOR®.
She is drawn to vintage homes. The artist in her is drawn to their detail, the builder in her to their craftsmanship. Their charm and imperfections make them all the more fascinating and soulful.
That’s what drew her to her first home. Stripped of all her painted-lady features, she sat sadly on a corner lot in SE Portland waiting to be loved and cared for. She had a yard full of shopping carts, a tree that had grown through her facade, motor-oil soaked mattresses and a basement full of the neighbor’s missing car parts, and yet, in spite of this her husband Nate and Tracy bought and fixed her up. This renovation lead to the next house-love-affair, followed by another and another. It only made sense to apply this knowledge and the valuable lessons learned along the way to help others looking to buy or improve their own homes.
Which brings me to why she became a REALTOR®.
Tracy chose this job because she is passionate about houses and loves the chance to develop relationships with her clients. When you choose to work with Tracy, she will advocate for your best interests, guide you through the home buying process and protect you from the stressful moments as they inevitably arise. She will advise you every step of the way to enable you to make good decisions, stay centered and reach your goals. Even after your transaction has come to an end, Tracy is still available to
answer your questions and help with your home projects.
When she is not working, she enjoys spending time with her family and being outdoors. Her hobbies include teaching her children, Lander and Olivia, about nature, hunting for sea creatures, spotting birds, drinking bourbon in the winter and gin in the summer, eating chocolate and traveling to warm destinations.