For those that might think there's a monopoly by a few brokerages or agents in the real estate market, take a look at the top 10 Greater Seattle residential sales for 2009 listed on the NWMLS. (Top salesof single family Seattle homes here- one condo added for this list).
I count 18 different brokerages involved in these top 10 transactions. If there is a monopoly, it's certainly not at the top of the luxury home market. Notonly are the offices spread widely,but there are many independent/non-national brands represented across the spectrum.
|City||Price||Listing Office Name||Selling Office Name|
|Seattle||$5,300,000||Windermere Madison||Windermere Wallingford|
|Clyde Hill||$5,399,900||John L. Scott Bellevue||RE/MAX Connected|
|Bellevue||$5,460,000||Windermere Kirkland||Wallace Properties, Inc.|
|Mercer Island||$5,950,000||Windermere Bellevue||Ewing & Clark Mercer Isl.|
|Medina||$6,095,000||John L. Scott Mercer Isl.||John L. Scott Mercer Isl.|
|Bainbridge Island||$6,275,000||Coldwell Banker McKenzie||Windermere Bainbridge|
|Seattle (condo)||$9,750,000||ek Real Estate Group||Prudential NW|
|Seattle||$10,600,000||Madison House, Ltd.||Gerrard Beattie & Knapp|
|Seattle||$11,500,000||Windermere Wallingford||Windermere Wall St|
|Mercer Island||$15,560,000||Ewing & Clark, Inc.||Coldwell Banker Bain|
Also interesting, is the spread of agents.There are19 different agents/teams involved. Larry was the only agent listed twice, for selling his own Medina listing (congrats Larry!) If there was a monopoly, this is where it would exist--at the top of the luxury market, where clearly the most successful agents and companies strive to position themselves.
|Listing Agent Name||Selling Agent Name|
|Mary P Snyder||M. Patrick Chinn|
|Stephen D MacDonald||Sam DeBord and Brian Wiegand|
|Dave Rodland||Susan Naficy|
|Tere G Foster||Kris B Robbs|
|Larry Williams||Larry Williams|
|Georg Syvertsen||Jan R Johnson|
|Edward S Krigsman||Tracy E Harris|
|Kitty K Hughes||Spafford Robbins|
|Bob Bennion||Holley Ring|
|Betsy Q Terry||Linda H Tsang|
What's the take-away from all of this information?A pretty yard sign does not sell a home, no matter which company logo is pasted on it. Even the highest-end of luxury home buyers aren't worried about the company you're listed with. If you prepare a home well, market it well, and make it available to buyers, it will sell.
Buyers and Sellers should work with a motivated, experienced agent who putsyour best interests first and makesyou feel at ease. You'll work better together, and most likely sell your home more quickly when you're both on the same page. You have a lot of choices. Choose someone you'll enjoy working with.
Sam DeBord and Brian Wiegand
SeattleHome.com - Washington State Realty - (206) 658-3225
Real Estate Brokers, RealtorGreen Certified Pros
(Information not compiled or published by the NWMLS)