Does ‘For Sale by Owner’ Work?

Maybe. But in this economy, it’s tough. Just ask the owner of a ‘For Sale by Owner’ company that hired a Realtor to sell his poperty.

Founder of “for sale by owner” site calls in broker to get the job done

Mr. Sambrotto apparently spent six months trying to sell his fancy digs himself before turning to a broker. Jesse Buckler, the broker that Sambrotto hired, increased the price and managed to attract multiple offers before selling the apartment for $2.15 million, $150,000 more than the asking price.

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“$150,000 more than the asking price.” I think that answers that question.

The Impact of Short Sales

Greg Haraksin has a must-read post about the true impact that short sales have an families. I could not have said it better.

Short Sales: A Dignified Solution for Many Families

I am truly excited that the banks are beginning to see that a short sale in many cases is a good alternative to foreclosing on a property. It makes more sense to sell the property at a higher price. At the same time, the banks are creating less vacant REOs (foreclosures owned by banks) which have blighted neighborhoods and negatively impacted surrounding house values for the last several years.

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We’re #1 – in Food Carts?

Better than nothing, I guess…

Portland takes title of Number 1 in the world for best food carts

Did you know that Portland has been named by Budget Travel as the Number 1 city in the world for food cart service? This rating was based on the number of food carts (more than 400 and still rising), pricing, variety of foods offered and quality of food.

For Portland residents, these carts can be found, not only downtown, but in all the up and coming neighborhoods, and even in the suburbs.

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