What Are Seattle Sellers Asking Kim Right Now?

Team Diva has already had a whirlwind 2025 packed with buyers and sellers. As Seattle buyers and sellers prepare for summer and fall, Kim has been getting a ton of questions about the real estate market. Seattle sellers are especially curious about the many nuances of selling a home during the remaining of 2025. So Kim put together this list of the most commonly asked questions and she is sharing all of her smart and savvy knowledge!

Here are the questions Seattle Sellers Have about selling their home right now:

How Is Inflation Impacting the Real Estate Market?
Will Interest Rates Go Down Anytime Soon?
Should I Wait for Interest Rates To Go Down Before I Buy a Home?
How Should I Price My Home to Sell This Fall?
Does the Type of Home I Have Impact Whether or Not I Should Sell?
How Can I Make Sure My Home Sells This Fall 2025 in Seattle?
What Are the Costs Associated With Selling My Home?
If I’m Selling My Seattle Home Right Now, Will I Need to Make Concessions to Buyers?
What If My Home Does Not Receive Any Offers During the First Week It’s Listed?

What Are Seattle Sellers Asking Kim Right Now?

How Is Inflation Impacting the Real Estate Market?

The market is volatile because of inflation. As you probably know, we’ve also seen interest rates rise over the last few years. The general philosophy in real estate is that if inflation goes down, we’ll see rates drop. But unfortunately with the new president, tariff uncertainties, cost cutting measures, and attacks on the central bank, the market is especially volatile.

Together we can take a look at your financial situation and strategize the best approach for selling. I’m always helping my clients look at the bigger picture and what it means for them in the long-term.

Will Interest Rates Go Down Anytime Soon?

Typically, a recession means that interest rates go down. However, tariffs are causing fear of further inflation, which pushes the FED and market to keep rates higher than normal. This is causing volatility in the market literally from week to week—rates are up one week and down the next.

There’s not a clear picture of what rates are going to do, and this causes buyers to feel discomfort. It’s not that buyers aren’t buying, but they want to buy a home they are confident won’t have any major issues arise.

High Interest Rates – Should I Wait To Buy My Next Home?

The high interest rates have had a cooling effect on many home Seattle sellers who would like to buy up to their next home. Most home sellers also need to be able to buy a home around the same time they sell. Even though this post is primarily about whether or not to sell your own, it’s all intertwined.

Should you wait to buy your next home once the interest rates drop?

If you’re waiting for interest rates to go down before making a move, stop! Waiting for rates to go down is not a smart move. Why? The inventory is higher right now and there are fewer buyers. Seeing rates go down and/or if we experience a recession, it’s going to cause pent up demand from buyers start to take hold.

Early in the season this year, there were some extreme multiple offer situations. Then when the stock market became a bit unstable, we saw a slow down. The demand is still there for homes but the only thing keeping people from rushing into the market are the interest rates.

Ask yourself the following questions if you are on the fence about moving up to your next home?

Can you afford the new mortgage payment?
Have you and your household grown out of your current home?
Can you rent your existing home for a large enough profit to offset the cost of the new mortgage?

Let’s talk. Chavi and I are also in the same decision making process and want to figure out the next best move for us as well.

Does the Type of Home I Have Impact Whether or Not I Should Sell?

Whether you have a condo, townhouse, or single-family home to sell, you need to follow the Diva Difference to a tee. Properly prepped single-family homes are especially popular and selling, but it must be prepared and presented incredibly well.

Shoul you sell a condo or a townhouse in Seattle right now?

Right now, there are not a ton of people out buying condos and townhouses. Buyers may be able to get a “deal” on a condo or townhome. So as a seller, you need to go beyond making sure things aren’t broken. You need to sell your condo or townhome in the best condition possible.

Should you sell a detached single family home in Seattle right now?

Yes! Even with the slowdown the majority of our Diva Dwellings aka Seattle Homes have sold for full price and/or in multiple offers.

What Can I Do This Summer To Make Sure My Home Sells This Fall Seattle?

The Fall market is the second best time to sell your home after Spring. Here is my advice to make sure your home is ready for the Fall market.

1st Step: Call a Diva for your get your home ready to sell.
2nd Step: Get working on the yard.
3rd Step: Paint the exterior if needed
4th Step: Do major exterior repairs like the roof, siding, etc…
5th Step: Do improvements to the bathrooms and kitchens.

How Should I Price My Home to Sell This Fall?

Many sellers will look at what they paid for a home and think about the money they want to make. How much more can they sell their home for? Or sellers may think about how they can break even on their home. Unfortunately, neither of these things necessarily reflect the market value of your home.

If you overprice your home, you’ll chase the market down. We are seeing this a lot in condos and townhomes right now. A seller will overprice their townhouse and it will sit, and sit, and sit on the market.

Here’s an example:

Let’s say you’ve listed your townhome for $900k but the market is really saying it should be at $875k. Every 2 weeks or month you’re sitting on the market and not selling, you’re losing buyer interest. You’ll need to start dropping the price. Many people drop $10k or $15k at a time, which makes no difference. You need to drop at least $25k, which sometimes isn’t even enough to generate buyer interest.

Many sellers have a hard time comprehending that they overpriced their house. A lot of sellers say “let’s just try out a higher price.” But you might end up chasing the market down and losing money.

On that note…

What Are the Costs Associated With Selling My Home?

There are many possible costs associated with selling your home, and one big one is staging. The longer your home is on the market, the longer you’ll have to pay for staging. Let’s say your home costs $5k to stage every month. If it’s on the market for 3 months, you’ve already spent $15k. How is this eating into potential profit, or your ability to break even?

Keeping your home staged is super important. You never want your home to look better online than in person. If your home is staged in the photos online and then it’s not in person, potential buyers are going to walk into an empty house. They’ll be even more critical of any flaws, and likely feel disappointed. I’d rather my listings look better in person than they do online (although both are extremely important!).

If I’m Selling My Seattle Home Right Now, Will I Need to Make Concessions to Buyers?

Sellers should be prepared to make concessions to buyers. For example, it’s common for sellers to offer credits right now. Buyers might be stretching to purchase your home, so you might offer to buy down their rate. Or maybe your buyers have just enough money for 20% down, but they don’t have enough for closing costs. Currently, it’s good to factor in at least $10k to help buyers with closing costs. It’s not as likely that you’ll have to do this if you’re selling a single-family home, but it’s likely with a condo or townhome.

What If My Home Does Not Receive Any Offers During the First Week It’s Listed?

Yikes! Been there as a listing agent. You think the market is hot and then the next week it suddenly comes to a halt and your seller gets zero offers. Here are a few things you can do if you do not offers on offer review date, there are few things we can do.

Wait a week before considering a price drop.

I strongly encourage my sellers to wait a second weekend to see if there ends up being any interest from buyers who were afraid to make an offer on the first week. If I don’t sell a house during the first week, I am sending an email to every single real estate agent who showed the house. I want to know what their clients are thinking—what did they think of the price, what scared them off?

Price or Condition? We can fix these issues and get your house sold.

I am very proactive about getting feedback and digging for more information. Typically, if something is not selling, 99% of the time it’s about price.

Still no offer after two or three weeks? Time for a pride drop!

The seller probably needs to do a price drop on the second or third week the home is on the market if we still do not have offers. Ugh!!!

What Type Of Price Drop Should a Seattle Seller Do If They Do Not Get Any Offers?

It is best if a seller gets the price down to the next search point. For example, if your home is listed for $775k, we’ll probably try to get it under $750k. If your home is listed for $900k, we might try to drop it to $850k to get the attention of buyers who aren’t looking at $900k or above. Do not do $5,000 or $10,000 incremental price drops. It will not do anything to grab the attention or a potential buyer.

We Hope This Q&A with Kim Helps Seattle Sellers Prepare to Sell Their Home This Fall!

We have a ton of resources for home sellers on our blog. Here are a few blog posts that you may find especially useful if you’re thinking about selling your home this year: