Blog Stories SOLD! Renovated Ranch

SOLD! Renovated Ranch

By Kim Parmon, February 18, 2018

When a lender partner of mine called me to say she had a client she wanted me to reach out to I was extremely appreciative. She told me that he needed an agent that would work hard for him and I was up for the task!

A few days later I met Eugene at his property. He’s a contractor who wanted to sell his first investment project and had been thinking of trying to sell it himself as a FSBO (for sale by owner). He had put his heart and soul into the property and the work was meticulous. I was impressed! I told him that I understood the impulse to want to stay in control of his baby all the way to the end, because I do! At first glance it seems like the market is pretty hot and there’s not that much to it so why wouldn’t you want to keep extra funds in your pocket? Seems like a good idea, right?

Well, we had a long conversation about all the things that I do to market properties and the importance of having a professional in your corner during the escrow process. I told him that I understood a lot about construction in theory but I wouldn’t think I could renovate my bathroom all on my own.  I’d hire him for that job. Really, I wanted to see Eugene use a Realtor for his own good, even if it wasn’t me. After our conversation Eugene decided to turn things over to me and we were on the market a few weeks later.

We listed his property and received an offer very quickly. We navigated countering and putting together an offer that would work for both sides. Then we negotiated a challenging inspection process in which my suggestion to re-test radon to make sure the results were accurate saved him thousands. Lastly, we jumped the hurdle of a tricky appraisal where I worked hard to justify the price we were selling at. Finally, we made it to closing day!

Congratulations, Eugene, on your first successful investment project. I’m so happy for you and can’t wait to work with you to find a new home to renovate!

Kim Parmon

Principal Broker

Kim is the first person who will tell you she never expected to be a Realtor. She's had many creative jobs in the past and spent years as a high-volume bartender-turned-bar owner, which she feels gave her an essential skill that translates beautifully into her career in real estate: the ability to juggle 1,000 things at the same time while keeping everyone calm! She became obsessed with buying a house after the market crashed in 2009, finally buying her very first teeny-tiny dilapidated bungalow as a short sale in 2011. She and her husband, Matt, spent a few years fixing it up, then sold it for a profit and bought another project. And then they did it again. And the rest is history! Kim's talent for finding diamonds in the rough has made her into one of Portland's most sought-after investment Realtors. She loves seeing the missed potential in properties and has all kinds of tricks up her sleeve to find great investments but this talent is equally useful when it comes to traditional buyers and sellers. When you buy a home with Kim's assistance you can be sure that she is looking at all angles of the purchase to make sure it aligns with your financial goals as well as your lifestyle and she will stop at nothing to make sure you are taken care of! Some of her clients think she's gotten their offers accepted through sheer force of will! When you list a house with her she will go above and beyond to present your house in the best possible light to make sure you maximize your return on investment. Above all else, Kim prides herself on her integrity and believes that everyone deserves a caring Realtor partner who truly listens and tries to do what's right for her clients, even when no one is looking. She is thrilled to call this beautiful city home and can't wait to help you make your dreams come true through real estate.
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Kim Parmon

Principal Broker

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