Bellevue Rental Report from A New Day Real Estate

This is the Bellevue Rental Report for January 28, 2015 by Joe Kennedy, Managing Broker of A New Day Real Estate and Co-Founder of the Bellevue Real Estate Investors Network.  It appeared yesterday at ANewDayRealEstate.com.

As of today, there are only 31 residential properties in Bellevue that are listed for rent on the Northwest Multiple Listing Service.

These Bellevue rental properties range in price from $1,200 a month for a 1 bedroom, 1 bath condo at the Silver Glen 55+ community to $8,500 a month for a 3,710 square foot home, with 5 bedrooms, 4 baths on Bellevue Way at the base of Clyde Hill.

Although there are a lot of other places that property owners advertise available rental units, from the current NWMLS stats, there is a real lack of available and ‘affordable’ rentals in Bellevue.  There are only 5 properties in Bellevue currently listed for rent at a cost of less than $2,000 a month – and those are all condos or apartments.

While some property owners are really fishing for higher than market prices and are seeing their properties languish on the market for long periods, there has recently been a noticeable number of landlords that have ‘adjusted’ their prices to get their properties leased out.

One professional suggestion to rental property owners, as well as brokers who manage rental properties in Bellevue:  while commissions and compensation are always negotiable, if you are listing your property for lease, it ‘might’ be a smart idea to fairly compensate other leasing brokers for their time and efforts.   Today I noticed one listing that is only offering a $250 commission for leasing a house here in Bellevue.  Not surprising that this house has been on the market for some time – and won’t be surprising if the property never gets leased.  Just as in any other profession, leasing brokers do need to be properly compensated for their time.  If you are a rental property owner and do not want to pay a leasing broker, be prepared to do the work yourself.

Bellevue Rental Report from A New Day Real Estate

This is the Bellevue Rental Report for January 28, 2015 by Joe Kennedy, Managing Broker of A New Day Real Estate and Co-Founder of the Bellevue Real Estate Investors Network.  It appeared yesterday at ANewDayRealEstate.com.

As of today, there are only 31 residential properties in Bellevue that are listed for rent on the Northwest Multiple Listing Service.

These Bellevue rental properties range in price from $1,200 a month for a 1 bedroom, 1 bath condo at the Silver Glen 55+ community to $8,500 a month for a 3,710 square foot home, with 5 bedrooms, 4 baths on Bellevue Way at the base of Clyde Hill.

Although there are a lot of other places that property owners advertise available rental units, from the current NWMLS stats, there is a real lack of available and ‘affordable’ rentals in Bellevue.  There are only 5 properties in Bellevue currently listed for rent at a cost of less than $2,000 a month – and those are all condos or apartments.

While some property owners are really fishing for higher than market prices and are seeing their properties languish on the market for long periods, there has recently been a noticeable number of landlords that have ‘adjusted’ their prices to get their properties leased out.

One professional suggestion to rental property owners, as well as brokers who manage rental properties in Bellevue:  while commissions and compensation are always negotiable, if you are listing your property for lease, it ‘might’ be a smart idea to fairly compensate other leasing brokers for their time and efforts.   Today I noticed one listing that is only offering a $250 commission for leasing a house here in Bellevue.  Not surprising that this house has been on the market for some time – and won’t be surprising if the property never gets leased.  Just as in any other profession, leasing brokers do need to be properly compensated for their time.  If you are a rental property owner and do not want to pay a leasing broker, be prepared to do the work yourself.

Bellevue Condo Report: Inventory Extremely Low

Bellevue Towers day timeThis is the Bellevue Condo report from A New Day Real Estate for January 27, 2015.

As of today, there are currently 130 condos in Bellevue that are listed for sale on the Northwest Multiple Listing Service (NWMLS).  That number is definitely a low number, but when you examine the list and realize that approximately half of those condos that are listed are located at Washington Square, it really shows how tight the condo market is here in Bellevue.

Then you add in the fact that 7 of the 10 least expensive Bellevue condos are located at the Silver Glen 55+ community and realize that at least a few of the remaining 58 condos are really not sellable because of huge and unreasonable HOA assessments.  When it all comes down to it – there are really only around 55 condos on the market in Bellevue (that are not located at Washington Square, Silver Glen or burdened with debt that make them unlikely to sell).  That means that inventory is LOW!  If you are looking to buy a condo in Bellevue right now, there is not a lot of selection available.  If you are thinking about selling your condo in Bellevue, this is GREAT news – it’s a great time to list and sell your condo without a lot of competition.  Get it priced right and it should easily sell in 30-60 days.

The highest priced condo currently for sale in Bellevue is a $3.35 million dollar unit on the 41st floor of Bellevue Towers.  Besides some amazing views, this unit in Bellevue Towers features 3,403 square feet, 2 bedrooms, 2.5 baths and has been on the market for 122 days.

The lowest priced condo currently listed for sale in Bellevue is at Silver Glen 55+ community listed at $109,950.  Outside of Silver Glen, the lowest price condo listed for sale in Bellevue is located in The Highlands condos across the street from Microsoft’s Redmond campus.  The 1/1 unit is listed at $135k, but the complex has recently taken out a huge amount of trees from the property and has been discussing a future ‘special’ assessment against each unit owner.

As of today, there are only 41 condos in all of Bellevue that are listed at less than $500,000 asking price – and that is including at least 7 units at Silver Glen, but not including a boat slip at Newport Shores that is still listed as a condo.

Napoleon Hill's Think and Grow Rich is Full of Timeless Lessons

Jeffrey Gitomer King of Sales“Thoughts are things” is the title and the first words of the first chapter of the book.

When I first read those words, I didn’t really understand what they meant – even when I read the first chapter and the examples offered in Napoleon Hill’s classic Think and Grow Rich. It didn’t resonate until I got to the end of the chapter and read, “Whatever the mind of man can conceive, and believe, it can achieve.” Then I started to get it. That was 1972.

By coincidence, it was only a few days later that I heard the late, great Earl Nightingale say, “You become what you think about.” At that moment, I got it. It clicked. And it has clicked ever since then.

More reading and studying about thinking and the thought process revealed that neither Hill nor Nightingale had the original thought.

From Socrates to Samuel Smiles, to Orison Swett Marden, to Elbert Hubbard, to Dale Carnegie, to Napoleon Hill, to Earl Nightingale, to Jim Rohn – they all had their own way of saying THE SAME thing.

Your thinking becomes your actions. And it’s those dedicated, well-planned, and directed actions that lead to your outcomes. Your reality. Better stated, your success.

All of these legendary scholars can’t be wrong.

All of them told me in their writings – the same way I’m telling you – that positive thought leads to positive actions and positive results, if the aim and the purpose are passionately believed.

Orison Swett Marden’s book, He Who Thinks He Can, written in 1908, says it in the title. It’s plain as day right on the cover of his book. It was Marden, by the way, that FOUNDED Success Magazine in 1888.

Hill’s title THINK and GROW RICH tells you first you gotta THINK! Your thinking will affect your BELIEF, your belief will help you create your MAJOR PURPOSE, your major purpose will clarify your DIRECTED ACTIONS, and your actions, combined with your DESIRE, your DEDICATION, and your DETERMINATION will determine your WEALTH. First THINK, then GROW RICH.

Got it? Sure you do. Getting it, that’s the easy part. First you get it, you understand it THEN you agree with it. Easy so far. THEN the harder part, you have to believe you can do it. You have to THINK YOU CAN. Finally, the HARDEST part is you have to be willing to TAKE ACTION! Do it! That’s chapter one. Read it lately?

The rest of Think and Grow Rich contains the ideas, the definitions, and the clarifications that provide the ANSWERS. Hill describes it as the roadmap to riches. I’m telling you, it’s the most important success thinking you’ll ever be exposed to – as long as you repeat it until it becomes your reality.

But I have to stop here and clarify the book. Think and Grow Rich, and Hill’s writing, is not written in today’s language. There are no references to computers, email, the web, Facebook, social media, credit cards, or even television. Because none of those things existed when Hill penned this classic self-help book. Yet somehow the book has managed to sell more than 100 MILLION copies over the past seven decades.

To receive all the wealth in the book, you have to get over the fact Think and Grow Rich was written 70 years ago. As a country, we were fresh out of the Depression and the stock market crash of 1929. World War II was in full swing, the mood of the country was nervous, and Napoleon Hill – and his colleague Dale Carnegie – were screaming, “Make friends, be positive, believe in yourself, be influential, develop a goal and a plan, articulate yourself clearly, dedicate yourself to excellence, take directed action, and encourage others to do the same.” Pretty cool, eh?

These books aren’t 70 years old, rather they were 70 years ahead of their time. Maybe that’s why Hill’s Think and Grow Rich and Carnegie’s How to Win Friends and Influence People have been on bestseller lists for 70 years.

The first chapter ends the same way it began. With one sentence of immortal wisdom. “Whatever the mind of man can conceive, and believe, it can achieve.”

I’m sharing this information today in the hopes you will read or re-read this timeless classic. Rededicate yourself to YOUR best thinking (first), so you can do your best for others (second).

That’s the secret! Please tell everyone.

Jeffrey Gitomer is the author of twelve best-selling books including The Sales Bible and The Little Red Book of Selling and 21.5 Unbreakable Laws of Selling. His books are now available as online courses at www.GitomerVT.com. For information about training and seminars visit www.Gitomer.com or www.GitomerCertifiedAdvisors.com, or email Jeffrey personally at salesman@gitomer.com.

© 2015 All Rights Reserved – Don’t even think about reproducing this document without
written permission from Jeffrey H. Gitomer and Buy Gitomer, Inc • 704/333-1112

– See more at: http://www.gitomer.com/articles/ViewPublicArticle.html?key=ajcdMibak3O%2B7wdJFJRSnQ%3D%3D#sthash.k0NGMiKl.dpuf

Bellevue Condo Report: Inventory Extremely Low

Bellevue Towers day timeThis is the Bellevue Condo report from A New Day Real Estate for January 27, 2015.

As of today, there are currently 130 condos in Bellevue that are listed for sale on the Northwest Multiple Listing Service (NWMLS).  That number is definitely a low number, but when you examine the list and realize that approximately half of those condos that are listed are located at Washington Square, it really shows how tight the condo market is here in Bellevue.

Then you add in the fact that 7 of the 10 least expensive Bellevue condos are located at the Silver Glen 55+ community and realize that at least a few of the remaining 58 condos are really not sellable because of huge and unreasonable HOA assessments.  When it all comes down to it – there are really only around 55 condos on the market in Bellevue (that are not located at Washington Square, Silver Glen or burdened with debt that make them unlikely to sell).  That means that inventory is LOW!  If you are looking to buy a condo in Bellevue right now, there is not a lot of selection available.  If you are thinking about selling your condo in Bellevue, this is GREAT news – it’s a great time to list and sell your condo without a lot of competition.  Get it priced right and it should easily sell in 30-60 days.

The highest priced condo currently for sale in Bellevue is a $3.35 million dollar unit on the 41st floor of Bellevue Towers.  Besides some amazing views, this unit in Bellevue Towers features 3,403 square feet, 2 bedrooms, 2.5 baths and has been on the market for 122 days.

The lowest priced condo currently listed for sale in Bellevue is at Silver Glen 55+ community listed at $109,950.  Outside of Silver Glen, the lowest price condo listed for sale in Bellevue is located in The Highlands condos across the street from Microsoft’s Redmond campus.  The 1/1 unit is listed at $135k, but the complex has recently taken out a huge amount of trees from the property and has been discussing a future ‘special’ assessment against each unit owner.

As of today, there are only 41 condos in all of Bellevue that are listed at less than $500,000 asking price – and that is including at least 7 units at Silver Glen, but not including a boat slip at Newport Shores that is still listed as a condo.

Napoleon Hill’s Think and Grow Rich is Full of Timeless Lessons

Jeffrey Gitomer King of Sales“Thoughts are things” is the title and the first words of the first chapter of the book.

When I first read those words, I didn’t really understand what they meant – even when I read the first chapter and the examples offered in Napoleon Hill’s classic Think and Grow Rich. It didn’t resonate until I got to the end of the chapter and read, “Whatever the mind of man can conceive, and believe, it can achieve.” Then I started to get it. That was 1972.

By coincidence, it was only a few days later that I heard the late, great Earl Nightingale say, “You become what you think about.” At that moment, I got it. It clicked. And it has clicked ever since then.

More reading and studying about thinking and the thought process revealed that neither Hill nor Nightingale had the original thought.

From Socrates to Samuel Smiles, to Orison Swett Marden, to Elbert Hubbard, to Dale Carnegie, to Napoleon Hill, to Earl Nightingale, to Jim Rohn – they all had their own way of saying THE SAME thing.

Your thinking becomes your actions. And it’s those dedicated, well-planned, and directed actions that lead to your outcomes. Your reality. Better stated, your success.

All of these legendary scholars can’t be wrong.

All of them told me in their writings – the same way I’m telling you – that positive thought leads to positive actions and positive results, if the aim and the purpose are passionately believed.

Orison Swett Marden’s book, He Who Thinks He Can, written in 1908, says it in the title. It’s plain as day right on the cover of his book. It was Marden, by the way, that FOUNDED Success Magazine in 1888.

Hill’s title THINK and GROW RICH tells you first you gotta THINK! Your thinking will affect your BELIEF, your belief will help you create your MAJOR PURPOSE, your major purpose will clarify your DIRECTED ACTIONS, and your actions, combined with your DESIRE, your DEDICATION, and your DETERMINATION will determine your WEALTH. First THINK, then GROW RICH.

Got it? Sure you do. Getting it, that’s the easy part. First you get it, you understand it THEN you agree with it. Easy so far. THEN the harder part, you have to believe you can do it. You have to THINK YOU CAN. Finally, the HARDEST part is you have to be willing to TAKE ACTION! Do it! That’s chapter one. Read it lately?

The rest of Think and Grow Rich contains the ideas, the definitions, and the clarifications that provide the ANSWERS. Hill describes it as the roadmap to riches. I’m telling you, it’s the most important success thinking you’ll ever be exposed to – as long as you repeat it until it becomes your reality.

But I have to stop here and clarify the book. Think and Grow Rich, and Hill’s writing, is not written in today’s language. There are no references to computers, email, the web, Facebook, social media, credit cards, or even television. Because none of those things existed when Hill penned this classic self-help book. Yet somehow the book has managed to sell more than 100 MILLION copies over the past seven decades.

To receive all the wealth in the book, you have to get over the fact Think and Grow Rich was written 70 years ago. As a country, we were fresh out of the Depression and the stock market crash of 1929. World War II was in full swing, the mood of the country was nervous, and Napoleon Hill – and his colleague Dale Carnegie – were screaming, “Make friends, be positive, believe in yourself, be influential, develop a goal and a plan, articulate yourself clearly, dedicate yourself to excellence, take directed action, and encourage others to do the same.” Pretty cool, eh?

These books aren’t 70 years old, rather they were 70 years ahead of their time. Maybe that’s why Hill’s Think and Grow Rich and Carnegie’s How to Win Friends and Influence People have been on bestseller lists for 70 years.

The first chapter ends the same way it began. With one sentence of immortal wisdom. “Whatever the mind of man can conceive, and believe, it can achieve.”

I’m sharing this information today in the hopes you will read or re-read this timeless classic. Rededicate yourself to YOUR best thinking (first), so you can do your best for others (second).

That’s the secret! Please tell everyone.

Jeffrey Gitomer is the author of twelve best-selling books including The Sales Bible and The Little Red Book of Selling and 21.5 Unbreakable Laws of Selling. His books are now available as online courses at www.GitomerVT.com. For information about training and seminars visit www.Gitomer.com or www.GitomerCertifiedAdvisors.com, or email Jeffrey personally at salesman@gitomer.com.

© 2015 All Rights Reserved – Don’t even think about reproducing this document without
written permission from Jeffrey H. Gitomer and Buy Gitomer, Inc • 704/333-1112

– See more at: http://www.gitomer.com/articles/ViewPublicArticle.html?key=ajcdMibak3O%2B7wdJFJRSnQ%3D%3D#sthash.k0NGMiKl.dpuf

Eastgate Expounders Toastmasters: “Forget about Resolutions; Take Action!”

Too often, New Year’s resolutions are all talk or short-lived action at best. Nearly half of the American population makes New Year’s resolutions, but according to the Journal of Clinical Psychology, only 8 percent actually see their resolutions through.  For those seeking an opportunity to take action, Eastgate Expounders (www.eastgateexpounders.org), a decade-old, diverse, and active Toastmasters club in the Eastgate area of Bellevue, Wash., is offering a terrific opportunity to learn what Toastmasters is all about through a series of open house events that will be held during January and February at the Exponent offices in Bellevue.

“Most people go into the New Year with high hopes, yet often, with time, lose track of their goals,” says long-time club member Michelle White, ACS, ALB. “Sometimes the best way to start something new is to just jump into it. That is why we are hosting two months of Eastgate Expounders open house events. Anyone interested in getting to know a little more about Toastmasters is encouraged to join us any Tuesday in January or February.”

Open house events will take place at Exponent, 15375 SE 30th Place, Suite 250, Bellevue, WA.  The events run from 12:05 p.m. to 1:05 p.m. every Tuesday in January and February 2015.  Two open houses (January 20th and 27th) will be held at an alternate location: WA State Department of Ecology, 3190 160th Ave SE, Bellevue, WA 98008.

Three Tips for Reaching Your Goals

  1. Envision success, but be realistic – Start by identifying something you want to accomplish and imagine the successful result you want. Next, write down an obstacle that stands between you and your goal. Plan how you will respond to this obstacle. Go through the cycle of envisioning what success will bring you and contrast that with the obstacles in your way. Then, create a realistic plan to reach your goal, one which anticipates the obstacles you will run into along the way.
  2. Have a detailed plan – Plan where, when and how you will take action. Think through many if/then scenarios. By having a plan for how you will react to temptation or how you will react when you hit a rough spot, you will avoid dropping back into your comfort zone.
  3. Take action – Getting started on a big goal is often the toughest part.  Sometimes the best way to get started is to take just one small action.

Excerpted from Michelle White’s speech, January 6, 2015: “How to avoid being a New Year’s statistic”.

Explore & Learn

  • Open House: Every Tuesday in January and February, 2015, 12:05 p.m. to 1:05 p.m. at Exponent, 15375 SE 30th Place, Suite 250, Bellevue, WA 98007
    NOTE:  Meetings on January 20th and 27th will be held at an alternate location: WA State Department of Ecology, 3190 160th Ave SE, Bellevue, WA 98008
  • Regular Weekly Meetings: Tuesdays, 12:05 p.m. – 1:05 p.m.  Most meetings are held at Exponent, 15375 SE 30th Place, Suite 250, Bellevue, WA 98007; there will be an alternate location January 20th and 27th:  WA State Department of Ecology, 3190 160th Ave SE, Bellevue, WA 98008.  Guests/visitors are welcome; no pre-registration is required.  Check the Eastgate Expounders site weekly as venue changes occasionally occur.
  • Eastgate Expounders Meetup:  Sign up to attend upcoming meetings and/or an open house event: http://www.meetup.com/Eastgate-Expounders-Toastmasters-Group/.

More Information
For more information, contact Lisa Dreher, Vice President, Public Relations, Eastgate Expounders: lisaexpounders@gmail.com.

About Eastgate Expounders
Eastgate Expounders, chartered in January of 2005 (Club number 714760, Area 62, Division F, District 2, Region 1), is known as one of the premiere Toastmasters clubs in the Puget Sound area. During its first full year post-charter, the club achieved the prestigious President’s Distinguished Award, the highest award for the Toastmasters Distinguished Club program.  Since 2005, Eastgate Expounders has consistently achieved the highest number of educational, organizational and leadership goals in the club’s annual Club Success Plan.

One of the organization’s top goals is to develop engaging public speakers. Eastgate Expounders members consistently qualify to compete in area and division speech competitions; they have won area, division, and district and competitions and have presented at the regional level.  Eastgate club members have also served in a variety of leadership roles throughout the district, and two of Eastgate Expounders’ club presidents have received the District 2 Ralph Smedley President of the Year award for promoting education, membership, leadership, and competition.

The club meets weekly, from 12:05 p.m. to 1:05 p.m. every Tuesday at Exponent, 15375 SE 30th Place, Suite 250, Bellevue, WA 98007.  For more information, visit http://www.eastgateexpounders.org.

AWB to host 2015 Legislative Summit

Hundreds of business leaders will gather Jan. 27 at the Red Lion Hotel in Olympia for the Association of Washington Business’ annual Legislative Summit and evening reception. Attendees will hear the latest updates on a host of issues affecting the economy, including minimum wage, transportation, taxation and environmental proposals.

The day’s agenda begins at 8:45 a.m. with the kick-off of Opportunity Washington, a new employer-led initiative promoting smart public policy and strategic investment to spur opportunity throughout the state.

It continues at 9:30 a.m. with a series of panel discussions on key legislative issues, including a transportation and environmental policy panel featuring Sen. Curtis King, R-Yakima; Sen. Doug Ericksen, R-Ferndale; Rep. Judy Clibborn, D-Mercer Island; and, Rep. Joe Fitzgibbon, D-Burien.

After a short recess at 10 a.m. for an AWB member-only presentation, a panel discussing minimum wage proposals will begin at 10:45 a.m., followed by lunchtime remarks by Gov. Jay Inslee. AWB will also present its Better Workplace Awards during the lunch hour. The final issue panel begins at 2 p.m. where lawmakers will discuss tax and fiscal policies being debated in the Legislature.

The evening reception is for AWB members only, however members of the media are invited to attend the day’s three panel discussions and luncheon.

AWB’s Better Workplace Awards recognize member companies for excellence in workplace safety, job training and advancement, and benefit and compensation programs.

AGENDA

WHO:              Association of Washington Business

WHAT:           2015 AWB Legislative Summit

WHEN:           Tuesday, Jan. 27

Legislative Summit: 9:30-10 a.m.; 10:45-11:15 a.m.; and 12:15-3 p.m., Spruce Ballroom. Please note there will be member-only sessions at 10 a.m. and immediately following the 10:45 a.m. Minimum Wage Panel.  Media will be asked to excuse themselves during those times.

Legislative Reception: 5-9 p.m., Forest Ballroom

WHERE:          Red Lion Hotel Olympia

2300 Evergreen Park Drive S.W.

Olympia, WA 98502

About the Association of Washington Business

Formed in 1904, the Association of Washington Business is Washington’s oldest and largest statewide business association, and includes more than 8,300 members representing 700,000 employees. AWB serves as both the state’s chamber of commerce and the manufacturing and technology association. While its membership includes major employers like Boeing, Microsoft and Weyerhaeuser, 90 percent of AWB members employ fewer than 100 people. More than half of AWB’s members employ fewer than 10. For more about AWB, visit www.awb.org.