Real Estate January 28, 2021

Buying Vacant Land on Whidbey Island

If you have always dreamed of building your own home, choosing your own layout, selecting dream finishes, and want all your desires in a home met then you will be looking for vacant land. This is a completely different world than buying a preexisting home where there is complete certainty when it comes to electricity, water, sewage, and condition. Uncertainty is not comfortable for everyone so let’s make sure you feel prepared and empowered.

Buying Vacant Land on Whidbey Island, Dream Home, Whidbey Island

First and foremost, if you ask anyone who has built their own home, they will tell you that even if you build a home from scratch you will not end up with a 100% perfect house. There are always compromises and unforeseen issues with layout, etc. Remember, vacant land is scarce and becoming scarcer, so if you find the perfect property with an imperfect house, perhaps you can consider a major remodel.

When buying vacant land, it is all about the level of certainty a parcel can provide you. A parcel that already has a water source, septic system, access/driveway, building site laid out, and electrical nearby is going to be extremely rare.  Such a parcel will cost more because of the time and expenses already invested by the seller. There is also inherent value in the confidence you as a buyer can have that you will not run into complications that may make the land unsuitable for development.

Below are our TOP 5 recommendations when considering buying vacant land:

Buying Vacant Land on Whidbey Island, Vacant land, build your dream home, Windermere, Real Estate

Find a vacant land purchasing specialist.

Buying vacant land on Whidbey Island, Land Specialist, windermere Real Estate, Best of Whidbey

Complex is the word that comes to mind when thinking about vacant land purchases. Having a trusted guide who loves the complexity that comes with purchasing land is something you really want. Many brokers groan when they think about helping buyers with vacant land but there are a special few who just dig it! Find them! It will make all the difference. If you need a recommendation just call (360) 675-5953 and ask for a recommendation on a vacant land specialist from the manager.

 

Know your corners.

Buying vacant land on Whidbey Island, Land Specialist, windermere Real Estate, Best of Whidbey, Know your corners

In the best-case scenario, there has been a survey done and the corners are clearly marked with modern official survey markers however, this is rare. You may need to negotiate to have this done by the Seller. There are other signs that can give an idea of where property lines fall though. One of the coolest technologies that most agents have nowadays is an app that uses geo-spatial technology to locate your position on a map in relation to property lines. An old-fashioned surveyor’s tape measure can help as well if you have a marker of some sort to start from. Fence lines, survey tape marking trees or branches, driveways, and other identifiers can give clues. Nothing beats a proper survey though and you are going to want that when it comes time to build.

 

Get as certain as possible on the big 5.

Buying vacant land on Whidbey Island, Land Specialist, windermere Real Estate, Best of Whidbey

Water, sewage, electricity, access, and building envelope. These are the big 5 mysteries when you first look at a raw and overgrown piece of land. The more that these 5 things have been figured out and addressed by the Seller, the more valuable the property is. You are buying risk when these 5 are unknown. You cannot avoid risk completely but figuring out as much as you can about these 5 will help you move forward more confidently.

 

Work with a local builder.

Buying vacant land on Whidbey Island, Land Specialist, windermere Real Estate, Best of Whidbey, work with a builder

Get the local builder to the lot sooner than later. Reputable builders on Whidbey will be able to help you through the feasibility process, have a great instinct for what is possible, contacts to get specialists out to the property, and experience working with Island County’s Building department. Here are 5 builders we recommend in no particular order…

    1. Cascade Custom Homes
    2. Yonkman Construction
    3. Nautilus Construction
    4. Waldron Construction
    5. Turpin Construction

 

Know your critical areas.

Buying vacant land on Whidbey Island, Land Specialist, windermere Real Estate, Best of Whidbey, Critical areas

Shorelines, native American artifacts, endangered animals and plants, steep slopes and bluffs, wetlands, and streams will affect the property in big ways. There are large set-back requirements for structures, wells, and septic systems around critical areas. You may get into a situation where you do not have much of a choice about where you can position your building site. These unknowns must be understood before you decide to close on the lot. Your Realtor can help you navigate this maze.

 

Each property is unique, and we could share a lot more with you on the topic of buying vacant land on Whidbey, but the truth is that the best thing you can do is find yourself an excellent guide who will help you assess what it is you are really looking for and how to narrow down the search. Good luck and do not forget your muck boots!

 

PHOTOS BY: Kelsey Kurtis

Real Estate January 15, 2021

How to Become a Licensed Real Estate Broker in Washington

Step by Step, How to Become a Licensed Real Estate Broker in Washington

 

  1. Pick a school and do your 90 hours of course work. At Windermere, we recommend Rockwell Institute because it is consistent and has proven success at getting people prepared to pass the exam. Current cost $489 (January 2021).
    1. HOT TIP: There is an add on to get sample exams and extra cramming practice. GET IT!
  2.  Do the following steps as you get closer to completing the 90 hours to break up the studying with actions that will prepare you for taking the exam and getting licensed…
  3. Fingerprints! The closest location to Whidbey Island is in Mt. Vernon. You can schedule your appointment on this IdentoGO site. At the time of this blog post (January 2021), it cost $42.80 for the fingerprints and background check. Go to this DOL site for more info.
  4. Set up a SAW account (Secure Access Washington) if you haven’t already for your driver’s license. For more info: https://www.dol.wa.gov/business/accountaccess.html
  5. Register as a student with AMP through psi here https://ampportal.goamp.com/School/SchoolUser/WAREPStudentRegistration.aspx
  6. Register for the exam. Cost $138.25 https://online.goamp.com/CandidateHome/examination.aspx?p_category=REAL%20ESTATE&p_client_code=WAREP&p_exam_id=21311
  7. Once you’ve passed the exams apply for your license! https://secureaccess.wa.gov/myAccess/saw/select.do

 

* Contact the WA DOL Real Estate licensing department if you need extra help. We recommend emailing them instead of calling for a faster response. https://www.dol.wa.gov/business/realestate/contact.html

 

Follow these suggestions to get yourself mentally and physically ready to launch your real estate career:

 

  1. Pick a brokerage.                                                                                                                                Pick a brokerage, Windermere, real estate                                                                                                                                                           Interview the top brokerages in your area. Since the real estate exam process doesn’t really give you what you need to serve people or build your own business you want to join a brokerage with a robust training program and ongoing support. Schedule a no-pressure introduction meeting with our brokerage today! Email us at WhidbeyCommunications@Windermere.com to do so.
  2. Change your phone number to a local area code if it is not already. Nowadays all cell phones have caller ID and everyone is screening calls from out of state numbers. Do not confuse people, all real estate is local and your phone number should be too.
  3. If you are beginning your real estate career in November or December then now is a great time to start collecting mailing addresses for Christmas cards.
  4. Read some books. We give one of our favorites out a lot!
  5. Snoop on the local real estate brokers.                                                                                    snoop the local brokers, become an agent                                                                                                                                                                 What do you see that you like, what don’t you like? Take note! Social media is one good place to find a broker then check out top brokers’ web pages. If you don’t know any go to the website of the brokerage you’re thinking about, head to the agent’s page, and start clicking links. Ours is right here!
  6. Interview brokers you admire. Take a broker that catches your attention online for a cup of coffee (they really do like it!). Ask them all the questions but more importantly LISTEN. Some suggested questions are…              Interview, How to become a licensed broker in Washington
    1. What do you like most about being a real estate broker? Least?
    2. What do you like most about your brokerage? Least?
    3. What advice would you give someone like me who is just getting into the business?
  7. Download our guide to 5 things you can do to give yourself a head start here.

 

Real EstateStats January 1, 2021

2020 Annual Report

OH- 2020 Annual Report Download by Windermere Whidbey Island