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Joined 01/20/2008

Rich Johnson

Owner

The Muljat Group South

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(360) 319-3267

I've been licensed for 20 years, can remember when we just had a 1 page purchase & sale agreement, when no one ever had a home inspection (it really was Buyer beware), when the 1st agent years ago in Bellingham started to advertize that he represented Buyers (Buyer Agency? what kind of an idiot would do that), can remember when our office got it's 1st fax machine (man were we styling), can remember when we all had CB radios in our cars (we sounded like the Walton Family on TV), can remember when I got my 1st cell phone which was a portable(you are thinking flip phone - not hardly this thing weighed about 5 pounds with the battery pack ( I had a radio in the Marine Corps that weighed less). Anyway, those times were great but the change has been for the better agents / buyers / sellers - everyone. Our industry is coming of age - I wonder what it will be like in another 20 years.

On a side note, if you would like to exchange links on your website, contact me @ Rich@JohnsonTeamRealEstate.com
or access
http://www.johnsonteamrealestate.com/links/linksubmit.php

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My Comments

  • My challenge with short
    By April 30, 2008 - 5:13pm

    My challenge with short sales being listed in the MLS is that most agents list these homes at prices that have no relationship to what is owned but simply at a price that gets a Buyer lick'n his / her chops thinking that they are going to make a killing at someone else's expense ie: either the Bank's or the owner who is about to lose the property anyway. It results in an offer being written below the list price which 9 times out of 10 is already well below the price at which all mortgages / liens / brokerage fees would be taken care of. It's no small wonder then that the offer sits on a banker's desk for weeks without a response. My feeling is that minimally a requirement of the MLS should be that the amount owned on the house or the amount required for everyone be paid at closing should be noted in at least the agent remarks section of the listing. If this were done, Buyers & their agents would have a better idea if their offers would be addressed or sit on the corner of a desk belonging to a person whose sole responsibility is to answer an 800 line because the offer was written at a price that was based on an unrealistic list price originally. There is a problem with here but my feeling is that the real estate industry has brought it on themselves. Rich Johnson 360-319-3267 http://www.johnsonteamrealestate.com http://www.johnsonteamrealestate.com/blog/

  • We try to accomplish a
    By April 29, 2008 - 5:46pm

    We try to accomplish a couple of different things with our Blog. The 1st is to set ourselves up as a credible source for real estate information http://www.johnsonteamrealestate.com/blog/index.php/category/bellingham-real-estate-statistics/ The 2nd is to develope dialog with community events http://www.johnsonteamrealestate.com/blog/index.php/2008/04/06/bellingham-farmers-market-opens-for-the-season/ And lastly to provide a forum where the community can come to share their thoughts http://www.johnsonteamrealestate.com/blog/index.php/2008/01/23/remembering-fairhaven-a-new-era/ The main thing is to have fun with it. Rich Johnson 360-319-3267 http://www.johnsonteamrealestate.com http://www.johnsonteamrealestate.com/blog/

  • I think every Seller needs
    By April 29, 2008 - 2:37pm

    I think every Seller needs to be counceled about the consequences of the contract not closing. This can be huge for the Seller that goes out & closes on another home prior to the closing of his own which is almost what it sounds like this person did. To require a 5% deposit for earnest money in our marketplace could be a problem as many Buyers are putting less than that down on the mortgage in the 1st place. Rich Johnson 360-319-3267 http://www.johnsonteamrealestate.com http://www.johnsonteamrealestate.com/blog/

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