Blog Stories True Stories of Various Topics (But Mainly Condos)

True Stories of Various Topics (But Mainly Condos)

By Chad Meier, September 1, 2019

Real Talk…
The market has not been kind to all of PDX’s many condos in recent months, and I recently listed a property in the SW PDX Riverplace neighborhood that was faced with many challenges. In addition, RMLS data shows that so far in 2019, there have also been *17 other condos listed in this same complex. Of these:
2 listings “withdrew” after an average of 144 days on market.
2 listings were “cancelled” after an average of 170 days on the market.
1 listing “expired” after 61 days on the market.
9 listings are still currently “active” with an average of 115 days on market.
1 listing is marked “pending” after languishing 242 days on the market.
2 listings “sold” with an average of 40 days on market before getting under contract.
31 is the amount of days it took to get my client’s home marketed and under contract (i.e. sold).
Bottom line? Even though luck and/or timing can occasionally play a role in these things, there is no doubt that being “prepared to win” is much more important!
After all, transacting with a purpose in Real estate isn’t always rocket science, but it does require an airtight plan. ? Luckily, we’ve drawn up a killer playbook with strategies for most all scenarios!
When the time is right, I’d welcome the opportunity to discuss how we can make your real estate experience winning (and maybe even fun) too!
Chad Meier
Living Room Realty
*Stats as of today’s post on 8/31/19.

Chad Meier

Licensed Oregon Broker

Hello, I’m Chad: Licensed Real Estate Broker, native Oregonian, photography aficionado, lover of old houses, friend to all animals, and powered by analytical data. As a member of the National, Oregon and Portland Metropolitan Associations of Realtors, I'm proud that my profession allows me to use the tools I've acquired over the past 20+ years (client advocacy, sales & marketing, conflict resolution, et al.) to help people on a daily basis. Bottom line… I love the work! Through personal experience, I understand that buying or selling a home is more than just a business transaction; In fact, it can often be a life changing event! This is why I’m dedicated to providing exceptional service for my clients when it’s time for them to make their move. On the listing side; I believe that every home, no matter how modest or grand, deserves to make the best possible first impression on a would-be buyer. This is why I’m aligned with our area's preeminent independent real estate brokerage (Living Room Realty) to offer every property the most compelling & relevant marketing available. It also means that I’ll never represent your home online with a smartphone picture ;^) On the buying side; I personally work with every client - no handing you off to a junior team member of a team - to ensure that we work toward your goals together and don’t fall prey to some of the pitfalls that buyers can face in today's heavily weighted market. In short, I can help you win! Above all else, I pledge to be a strong advocate for my client’s interests and promise to work relentlessly to help them achieve their real estate goals. After all, I believe that if you’re not left with an amazing experience, I haven’t done my job. Speaking personally, I’ve been connected to this great city and its surrounding areas since childhood. Most recently, my family (wife Shawn, son Jakob, mother Glenna, and mutts Juno & Dizzy) have lived in the vibrant Sellwood-Moreland neighborhood for the past 14 years. When not at my desk or in the field helping clients, you’ll likely find me trying to capture a compelling scene behind my camera lens, playing basketball wherever I can find a pickup game, or combining these two passions by photographing my son’s high school basketball team in action (GO WARRIORS!). And on occasion, you may even find me at any number of our city's finer dining establishments, searching high and low for a bartender who knows the recipe for a perfect Roman Holiday ;^) Whether you have a plan to buy or sell (or simply need to develop one), please feel free to contact me. I look forward to understanding your goals and helping you achieve them! I can be reached at 503-709-9600 -or-
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  • T: 503-709-9600
  • F: 503-961-8224

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