Monthly Archives: January 2015

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… Continue Reading

Bellevue Condo Report: Inventory Extremely Low

This 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… Continue Reading

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

“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… Continue Reading

Bellevue Condo Report: Inventory Extremely Low

This 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… Continue Reading

Marshawn Lynch is ‘just about that action, boss’: Beastmode’s Interview with Neon Deon

Here’s a great story about Beastmode‘s well publicized interview on Superbowl Media Day 2015.  Marshawn Lynch is a stud and when the Seahawks win their 2nd ‘Big Game’ he will be the one of the reasons.  #GoHawks   Continue Reading

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

“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… Continue Reading

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… Continue Reading

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… Continue Reading