Georg Syvertsen and Arthur Mortell
Coldwell Banker McKenzie Associates
Georg Syversten | 206-780-6153 | Georgsyv@aol.com :: Arthur Mortell | 206-780-6149 | Arthur.Mortell@coldwellbanker.com

Q1 2009 to Q4 2010 Market Trends on Bainbridge Island

Posted on February 15, 2011
While there is evidence that we are close to a bottom, sales are seasonally slow. The frequency of price reductions has decreased dramatically.  New inventory is minimal. In town, high quality family homes are seeing between 8 and 15 groups (a group is 1+ people) attending public open houses, so we know there are buyers paying close attention to the inventory. We assume that as new inventory hits the market, these buyers will be well positioned to write an offer.
 
In the meantime, we continue to prepare our new listings for the market; keep our buyers up to speed on every new listing and market our current listings around the world!
 
Property Sales Trends for 98110

 

Comment Posted on "Q1 2009 to Q4 2010 Market Trends on Bainbridge Island"
1 Alan Hinderer
Posted March 7, 2011 6:38 AM

I want to share what a great experience my wife and I have had working with Georg Syvertsen. He found us a perfect home 8 years ago and when it was time to move for my job we of course asked Georg to represent us. Through the difficult market time he got our home sold. More importantly there we some issues with my heat pump and generator, but he got the buyers to close anyway. It took almost a year to resolve these issues (no fault of Georg). We were in Kansas by then and Georg managed ALL of the comings and goings of the service people, and all the legal documents back and fourth between us and the new owners. Several times both of us could have turned to the courts out of frustration, but Georg got both parties a fair resolution. In these days of low service levels many sales people would have collected their commission and moved on. Georg's integrity and character would not let him do that to the buyer or the seller. I can say with complete honesty and actual experience that you will be delighted if you choose to work with Georg and his firm.

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