Real Estate May 23, 2018

5632 East Mercer Way, A Home with Tranquility & Serenity minutes from Downtown Seattle

5632 East Mercer Way (Glenhome)

 

This weekend I held an open house at 5632 East Mercer Way which is located in the Glenhome community on Mercer Island. Below is a brief description of the home:

 

“Tradition elegance on a private 2 acre estate on Mercer Island. A dramatic foyer w/ dual staircase & lake views welcomes you. 7,380SF of luxury guest quarters, home theatre, 4 car garage, multiple flex rooms. Smart systems & high-end amenities: Leviton home automation; Creston A/V; Sub Zero, Miele & Bosch appliances. No compromises here: all 5 BDRs en suite, custom millwork, ideal blend of formal & informal spaces. Award winning schools, easy commute – it’s all here!”

My initial reaction of stepping into the home was, “WOW, there is a lot of square footage, I mean this home is huge!” I also loved that the home is tucked away and has 2 acres of land, which is almost unheard of on Mercer Island.

 

After spending several hours in this home, I was amazed with the amount of square footage for the home, 7,380, wow!  Although when you walk around the home, the rooms are not huge, they actually flow quite nicely, and the house overall feels homey. There is no wasted space in this house. Storage lies around every corner as well as a cool laundry chute.

Sitting and working, I found the living room off the kitchen is very comfortable and flooded with Natural light all day long. This room is wrapped with French doors and a covered deck that has glorious views of Lake Washington. The master suite is definitely a place to retreat to. It has his and her closets and a luxurious looking bathtub to soak in as you take in the million-dollar view.

On the lower level there is a home theater which sits 8 people with classic movie theater seats which will inevitably cause all to fall asleep in. The 4-car garage is ready for Tesla or EV vehicles, sports car and/or sporting equipment. There is so much to talk about, did I mention the sauna. I hope you fall in love in love with this as I have thoroughly enjoyed this home.

Real Estate September 13, 2015

Buying a Home, What’s the Difference Between a Buyers Agent and a Listing Agent

Buying a Home: What’s the difference between a Listing Agent and a Buyers Agent and why should I care?

By law, a Designated Seller’s Agent MUST “promote the interests of the seller with the utmost good faith, loyalty and fidelity” and MUST “protect the seller’s confidences…” A smart seller will hire a good seller’s agent to work for them in this fashion – As they should.

Listing Agent, represents the sellers

Buyers agent, (Selling Agent) represents the buyers

Why should I use a buyer’s agent, (Broker)?

The seller’s agent is only looking out for the seller. Understanding this, it is important to realize that what you say and act to a seller’s agent may compromise your ability to negotiate the best deal for you. If, for example, during an open house, you casually mention to the seller’s agent that your family must be relocated by the end of the month to accommodate the start of a new job, the seller’s agent, by law, must “promote the interests of the seller” by letting the seller know about your situation. As a result, the seller is now aware that you are somewhat desperate and must move quickly, thus compromising your ability to negotiate the best deal.

How does this affect your bottom line?

Remember, the seller’s agent is “promoting the interests of the seller… and protecting the seller’s confidences…” Usually, the interests of the seller consist mainly in getting the best price for their home within a given time period. Even if the seller’s agent knows the seller has enough equity and is willing to accept $10,000 less than the asking price and, in fact, the home may not be worth what the seller is asking, the seller’s agent cannot, by law, disclose that information to you. Without a real estate professional working hard on your behalf by providing you with experienced and accurate market information, you may end up paying more than necessary to purchase that particular home.

What’s Next?

Working with Tom Fine, a Windermere Real Estate Broker, has in-depth experience in home construction, remodeling and design, with this Tom’s knowledge helps buyers by explaining the good and bad aspects of homes. Tom looks at the construction materials, installation and finishes of these materials and he’ll explain why a home you are looking at is what you see a well built home or a band aid to mask hidden problems. Working with Tom as a buyers agent doesn’t cost you money, the buyers agent fee is paid typically from the sellers side of the transaction.  So why not work with someone like Tom, with knowledge and experience to save you, time, money and energy. Contact Tom Fine, today to help Buy or Sell your home,

 

 

Tom Fine, Broker, CNE & SRES

Fine Homes NW, Inc.

Windermere Real Estate, Mercer Island

Direct: 206-434-6561

Email: TomFine@windermere.com