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The area has also seen home sale price hikes, with waterfront properties, for example, rising roughly 15 percent in the last year. “Everything is growing fast, but we’re seeing that this year has been the year of high-end and waterfront (property) appreciation,” he says. One new agent, Riley Elmer, left the brewing industry in March to join Windermere Real Estate/City Group LLC after being invited to enter into a business partnership with another agent, he says. In addition to the offer, Elmer chose to become an agent because the industry has piqued his interest for a while, he says. “My grandfather and father owned panama city beach MLS listings investment properties, so it’s a world that I’m pretty comfortable in,” says Elmer. The current number of agents and people searching for homes oversaturates available inventory, but that’s to be expected as part of the ebbs and flows of the market, he asserts. “In my eyes, right now, it’s very competitive … there is low inventory and a lot of offers on properties, so you are seeing offers going at listing price or higher. You just have to go in with an aggressive mindset and your buyer’s best intentions in mind. It’s a hot market,” Elmer says. The number of real estate agents will even out eventually because the current inventory can’t sustain the current number, he asserts. Higgins says the Spokane market is still seeing a healthy number of home sales and a good Realtor-to-transactions ratio. “Our membership is over 2,000, but there’s a number of people who have real estate licenses that aren’t full time; they don’t sell real estate for their living.
For the original version including any supplementary images or video, visit https://www.spokanejournal.com/local-news/realtor-ranks-rise-in-the-inland-northwest/
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