RE/MAX Oceanview Realty    5686 Cowrie St.

Kiosk, Trail Bay Mall

Weekly REPORT  Nov. 12 - Nov. 18, 2013   

It is not uncommon for tenant occupied properties to be offered for sale. However, tenancies can have a big impact on possession dates for the buyer. For month to month tenancies, a notice period to vacate is 60 days from the start of the next rental period. All the subjects must be off of the sale before the notice is given and the tenant is entitled to an additional payment of 1 month’s rent. For a lease, there is no notice period – the tenant has a right to uninterrupted occupation of the premises until the end of the lease. Your Realtor is trained to plan sales around the various forms of tenancies.

ACCESS TO LISTINGS CLICK ON     http://www.remaxoceanview.com

 SALES THIS WEEK:  11  [SUNSHINE  COAST, ALL OFFICES]

PRICE RANGE

AREA

 NEW LISTINGS THIS WEEK:                  PRICE REDUCTIONS

CURRENT LISTINGS:  1111

DET’D  SALES to LIST  RATIO*:    =  3.7%  [ADADDD

                   0%                        15%                22%

RE/MAX Oceanview Realty    5686 Cowrie St.

                            Kiosk, Trail Bay Mall Weekly REPORT  Nov. 5 - Nov. 11, 2013   

We’ve been discussing how some features of real estate, like charges on title, are not readily apparent. An easement is just such a charge. An easement is a legal notation on the title commonly used to grant access from one property over another. A driveway crossing one property to service another would be an example of an easement. Easements generally run with the land – that is, they stay in place even after the property changes hands. They most often remain in place in perpetuity, unless the parties to the easement agree to de-register it. Your professional Realtor knows an easement is something you need to know about early on in the consideration of the property.

ACCESS TO LISTINGS CLICK ON     http://www.remaxoceanview.com

 SALES THIS WEEK:  5  [SUNSHINE  COAST, ALL OFFICES]

PRICE RANGE

AREA

 NEW LISTINGS THIS WEEK: 45                 PRICE REDUCTIONS

CURRENT LISTINGS:  1116

DET’D  SALES to LIST  RATIO*:    =  5%  [ADADDD

                   0%                        15%                22%

*The Sales/Listings Ratio is a guide to market conditions. 4 weeks det’d sales/current det’d inventory. A value below 15 favours buyers. 15 – 22 reflects a balanced market, and over 22 favours sellers.

RE/MAX Oceanview Realty    5686 Cowrie St.

Kiosk, Trail Bay Mall

Weekly REPORT Oct. 29 - Nov. 4, 2013   

Building schemes are charges that are registered on title which affect the improvements to be constructed on a property. Did you know that sometimes these restrictions can be enforced even after the home has been built and changed hands? Take siding - even though the current owners may not have installed the siding, they can sometimes be made to change it if it does not comply with the old building scheme. Your professional realtor is trained to look for these title nuances and will report them to you before you’re obligated to the purchase.  

ACCESS TO LISTINGS CLICK ON     http://www.remaxoceanview.com

 SALES THIS WEEK:  15  [SUNSHINE  COAST, ALL OFFICES]

PRICE RANGE

AREA

 NEW LISTINGS THIS WEEK: 19                  PRICE REDUCTIONS

CURRENT LISTINGS:  1100

DET’D  SALES to LIST  RATIO*:    =  5.4%  [ADADDD

                   0%                        15%                22%

*The Sales/Listings Ratio is a guide to market conditions. 4 weeks sales/current det’d inventory. A value below 15 favours buyers. 15 – 22 reflects a balanced market, and over 22 favours sellers.

RE/MAX Oceanview Realty    5686 Cowrie St.

                            Kiosk, Trail Bay Mall Weekly REPORT Oct. 22 - Oct. 28, 2013   

Even the most discerning buyer can overlook a deficiency in a home. That’s why Realtors who represent buyers include a building inspection subject clause in the offer. But what happens if the inspection reveals a latent defect? It doesn’t have to mean the purchase fails, but it does take skill to remedy the situation without jeopardizing the contract. This may involve a price adjustment or a mutually agreed upon schedule of repair. Your professional Realtor knows the correct dialogue needed to address the defect while maintaining the integrity of the contract.

ACCESS TO LISTINGS CLICK ON     http://www.remaxoceanview.com

 SALES THIS WEEK:  8  [SUNSHINE  COAST, ALL OFFICES]

PRICE RANGE

AREA

 NEW LISTINGS THIS WEEK: 31                  PRICE REDUCTIONS

CURRENT LISTINGS:  1186

DET’D  SALES to LIST  RATIO*:    =  2.4%  [ADADDD

                   0%                        15%                22%

*The Sales/Listings Ratio is a guide to market conditions. A value below 15 favours buyers. 15 – 22 reflects a balanced market, and over 22 favours sellers.

RE/MAX Oceanview Realty    5686 Cowrie St.

Kiosk, Trail Bay Mall

Weekly REPORT Oct 15 - Oct. 21, 2013   

Last week we pointed out the importance of investigating property features you can’t readily see, like the title search. Structural defects can also be difficult to spot for the untrained eye. While this is outside the scope of your Realtor’s expertise, the drafting of offers is not. A professional Realtor will recommend inserting a subject clause calling for a building inspection. This will allow you to negotiate the purchase of the home, but not be committed to buy unless you’re first happy with the inspection.

 ACCESS TO LISTINGS CLICK ON     http://www.remaxoceanview.com

 SALES THIS WEEK:  18  [SUNSHINE  COAST, ALL OFFICES]

PRICE RANGE

AREA

 NEW LISTINGS THIS WEEK: 31                  PRICE REDUCTIONS

CURRENT LISTINGS:  1179

DET’D  SALES to LIST  RATIO*:    =  7%  [ADADDD

                   0%              7%                  15%                  22%

*The Sales/Listings Ratio is a guide to market conditions. A value below 15 favours buyers. 15 – 22 reflects a balanced market, and over 22 favours sellers.

RE/MAX Oceanview Realty    5686 Cowrie St.

Kiosk, Trail Bay Mall

Weekly REPORT Oct 8 - Oct. 14, 2013   

They say you will know it’s the right home the first time you see it. But sometimes it’s what you can’t readily see that is more important - like the title search, for instance. Many properties have legal notations on title: building schemes, rights of way, easements, etc.  - which restrict the use and enjoyment of the property. Your professional Realtor is trained to identify these notations and help you understand their effect.  Of course, the time to do this is before you’re committed to the sale. It’s just one of the conditions or subject clauses that your Realtor will draft into your offer for your benefit.

ACCESS TO LISTINGS CLICK ON     http://www.remaxoceanview.com

 SALES THIS WEEK: 5   [SUNSHINE  COAST, ALL OFFICES]

PRICE RANGE

AREA

 NEW LISTINGS THIS WEEK: 24                  PRICE REDUCTIONS

CURRENT LISTINGS:  1186

DET’D  SALES to LIST  RATIO*:    =  3.1%  [ADADDD

                   0% 3.1%                            15%                  22%

*The Sales/Listings Ratio is a guide to market conditions. A value below 15 favours buyers. 15 – 22 reflects a balanced market, and over 22 favours sellers.

RE/MAX Oceanview Realty    5686 Cowrie St.

 Kiosk, Trail Bay Mall Weekly REPORT Oct 1 - Oct. 7, 2013   

Once we’ve qualified the buyers for your home, it’s time to show and sell! It’s our job to present the home to the buyers and help them decide if this might be the right one. Of course, the location, style and price have to fit. But floor plan, square footage and overall finishing have to be highlighted. And then there’s the offer with its title searches, inspections, inclusions, dates, etc. It is complex, detailed work, but it’s what we’re trained to do and what sets us apart as professionals.

ACCESS TO LISTINGS CLICK ON     http://www.remaxoceanview.com

 SALES THIS WEEK: 14   [SUNSHINE  COAST, ALL OFFICES]

PRICE RANGE

AREA

 NEW LISTINGS THIS WEEK: 34                  PRICE REDUCTIONS

CURRENT LISTINGS:  1190

DET’D  SALES to LIST  RATIO*:    =  6.1%  [ADADDD

                   0%            6.1%                15%                  22%

*The Sales/Listings Ratio is a guide to market conditions. A value below 15 favours buyers. 15 – 22 reflects a balanced market, and over 22 favours sellers.

RE/MAX Oceanview Realty    5686 Cowrie St.

                            Kiosk, Trail Bay Mall Weekly REPORT Sept 24 - Sept. 30, 2013   

We’ve explained that Open Houses aren’t a reliable way to find buyers for your home. Professional Realtors know a better way: have the buyers find you. How? We know most buyers and their agents start their search for real estate on the Internet. And all Internet searches for real estate lead to the MLS. So, by concentrating our efforts on MLS, it becomes less about finding ways to find buyers and more about using existing ways to let buyers and their agents find you - or in this case, your home. The MLS and the cooperation it fosters among agents does this very well  - no other  medium comes close.

ACCESS TO LISTINGS CLICK ON     http://www.remaxoceanview.com

 SALES THIS WEEK: 13   [SUNSHINE  COAST, ALL OFFICES]

PRICE RANGE

AREA

 NEW LISTINGS THIS WEEK: 26                  PRICE REDUCTIONS

CURRENT LISTINGS:  1168

DET’D  SALES to LIST  RATIO*:    =  5%  [ADADDD

                   0%         5%                      15%                  22%

*The Sales/Listings Ratio is a guide to market conditions. A value below 15 favours buyers. 15 – 22 reflects a balanced market, and over 22 favours sellers.

RE/MAX Oceanview Realty        5686 Cowrie St.

                                Kiosk, Trail Bay Mall Weekly REPORT  Sept. 3-9, 2013   

We’ve talked about the ways sellers find buyers: Realtor’s recommendations and MLS on the Internet are the main avenues. But the professional Realtor knows that finding the buyer is only the beginning. Buyers must be interviewed carefully and qualified before anything else can happen. We are trained to ask the right questions. We also have access to mortgage brokers, bankers and other professionals who do the same and report back to us. Then, and only then, do we move forward with showings and offers. Managing buyers is a complex process, but one we’re trained to handle.

ACCESS TO LISTINGS CLICK ON     http://www.remaxoceanview.com

 SALES THIS WEEK: 13   [SUNSHINE  COAST, ALL OFFICES]

PRICE RANGE

AREA

 NEW LISTINGS THIS WEEK: 15                  PRICE REDUCTIONS

CURRENT LISTINGS:  1292

DET’D  SALES to LIST  RATIO*:    =  6.3%  [ADADDD

                   0%            6.3%               15%                  22%

*The Sales/Listings Ratio is a guide to market conditions. A value below 15 favours buyers. 15 – 22 reflects a balanced market, and over 22 gives the advantage to sellers.

RE/MAX Oceanview Realty        5686 Cowrie St.

                                Kiosk, Trail Bay Mall Weekly REPORT  Aug. 27– Sept. 2   

Listing your home on MLS is important, but proper exposure requires much more. While statistics show 38% of buyers find their property through MLS, Realtor recommendations and “for sale” signs make up over 50%. That's why we're a full service Real Estate office. We don't just post your listing on MLS and disappear. We have a real office, in a busy commercial location, with full time professionals on duty, working together to sell your property. We meet buyers at the office, provide information in person and simply sell more than the “no office, limited service” providers!

ACCESS TO LISTINGS CLICK ON     http://www.remaxoceanview.com

 SALES THIS WEEK: 13   [SUNSHINE  COAST, ALL OFFICES]

PRICE RANGE

AREA

 NEW LISTINGS THIS WEEK: 15                  PRICE REDUCTIONS

CURRENT LISTINGS:  1292

DET’D  SALES to LIST  RATIO*:    =  6.3%  [ADADDD

                   0%            6.3%               15%                  22%

*The Sales/Listings Ratio is a guide to market conditions. A value below 15 favours buyers. 15 – 22 reflects a balanced market, and over 22 gives the advantage to sellers.

RE/MAX Oceanview Realty        5686 Cowrie St.

 Kiosk, Trail Bay Mall

Weekly REPORT  Aug 20– Aug 26   

We’ve talked about how the MLS service fosters cooperation between different realtors and their companies. As it turns out, cooperation results in more sales and a better client experience. But how can it work when these same realtors and their companies are also staunch competitors? The MLS system has rules which all members must follow. From the listing format on the Internet, to showing etiquettes; from minimum listing periods to what’s allowed on signs – these rules ensure cooperation and the best results for buyers and sellers.

ACCESS TO LISTINGS CLICK ON     http://www.remaxoceanview.com

 SALES THIS WEEK: 12   [SUNSHINE  COAST, ALL OFFICES]

PRICE RANGE

AREA

 NEW LISTINGS THIS WEEK: 28                  PRICE REDUCTIONS

CURRENT LISTINGS:  1348

DET’D  SALES to LIST  RATIO*:    =  6.1%  [ADADDD

                   0%            6.1%               15%                  22%

*The Sales/Listings Ratio is a guide to market conditions. A value below 15 favours buyers. 15 – 22 reflects a balanced market, and over 22 gives the advantage to sellers.

RE/MAX Oceanview Realty        5686 Cowrie St.

                                Kiosk, Trail Bay Mall Weekly REPORT  Aug 13– Aug 19   

You probably know that “MLS" stands for "Multiple Listing Service". But do you know its origins? There was a time when Realtors only viewed and sold their own company’s listings. However some Realtors found benefits in cooperating with other companies. They learned that having access to other company’s listings and allowing showings on their own resulted in more sales. Over time this sort of cooperation became the norm and the MLS was system was formalized. Today almost all listings appear on one MLS system or another. The Real Estate Boards administer the systems and are responsible for integration with the Internet.

ACCESS TO LISTINGS CLICK ON     http://www.remaxoceanview.com

 SALES THIS WEEK: 9   [SUNSHINE  COAST, ALL OFFICES]

PRICE RANGE

AREA

 NEW LISTINGS THIS WEEK: 32                  PRICE REDUCTIONS

CURRENT LISTINGS:  1340

DET’D  SALES to LIST  RATIO*:    =  3.3%  [ADADDD

                   0% 3.3%                            15%                  22%

*The Sales/Listings Ratio is a guide to market conditions. A value below 15 favours buyers. 15 – 22 reflects a balanced market, and over 22 gives the advantage to sellers.

RE/MAX Oceanview Realty        5686 Cowrie St.

 Kiosk, Trail Bay Mall

Weekly REPORT  Aug 6– Aug 12   

The latest real estate statistics for Vancouver are encouraging. Sales for July are much improved over last year. Actually, it's been the best July since 2009. The question is, will this mean more business for the Sunshine Coast? Over the years a busy Vancouver market has usually meant increased activity the Sunshine Coast. However, in recent years the retirement, recreation and investment market – mainly from the Lower Mainland - has been slower. Is this a short term aberration or are we becoming more of a locally driven market? Time will tell.

ACCESS TO LISTINGS CLICK ON     http://www.remaxoceanview.com

 SALES THIS WEEK: 15   [SUNSHINE  COAST, ALL OFFICES]

PRICE RANGE

AREA

 NEW LISTINGS THIS WEEK: 32                  PRICE REDUCTIONS

CURRENT LISTINGS:  1337

DET’D  SALES to LIST  RATIO*:    =  6.1%  [ADADDD

                   0%           6.1%                  15%                  22%

*The Sales/Listings Ratio is a guide to market conditions. A value below 15 favours buyers. 15 – 22 reflects a balanced market, and over 22 gives the advantage to sellers.

RE/MAX Oceanview Realty        5686 Cowrie St.

Kiosk, Trail Bay Mall

Weekly REPORT  July 23– July 29   

Negotiations normally take time and patience. But what happens when they stall? Sometimes the parties simply cannot get together and it may be appropriate just to step away from the table. However, negotiations can also fail when people get caught up in emotions or details. They can lose track of why they originally wanted to buy or sell. The professional realtor can help re-start negotiations by reminding the parties of what brought them to the market in the first place. Once the parties re-focus on their goals, they can often find ways to move the process forward.

ACCESS TO LISTINGS CLICK ON     http://www.remaxoceanview.com

 SALES THIS WEEK: 11    [SUNSHINE  COAST, ALL OFFICES]

PRICE RANGE

AREA

 NEW LISTINGS THIS WEEK:   26                   PRICE REDUCTIONS

CURRENT LISTINGS:  1356

DET’D  SALES to LIST  RATIO*:    =  5%  [ADADDD

                   0%        5%                        15%                 22%

*The Sales/Listings Ratio is a guide to market conditions. A value below 15 favours buyers. 15 – 22 reflects a balanced market, and over 22 gives the advantage to sellers.

RE/MAX Oceanview Realty        5686 Cowrie St.

                                Kiosk, Trail Bay Mall Weekly REPORT  July 9– July 15   

Sellers usually don’t expect to get full price. But what about low-ball offers? Many sellers become offended and won’t even counter-offer. Professional realtors know that the buyer who makes an offer – even if it’s low - is better than the one who just looks and moves on. We know buyers may start low because they’re afraid of having their first offer accepted. They want to know they’ve negotiated well. We have seen this a time or two before. We know that, with some patience and experience, low ball offers can often be coaxed up to become acceptable offers.

ACCESS TO LISTINGS CLICK ON     http://www.remaxoceanview.com

 SALES THIS WEEK: 16    [SUNSHINE  COAST, ALL OFFICES]

PRICE RANGE

AREA

 NEW LISTINGS THIS WEEK:   39                   PRICE REDUCTIONS

CURRENT LISTINGS:  1333

DET’D  SALES to LIST  RATIO*:    =  %  [ADADDD

                   0%               7.9%             15%                   22%

*The Sales/Listings Ratio is a guide to market conditions. A value below 15 favours buyers. 15 – 22 reflects a balanced market, and over 22 gives the advantage to sellers.

RE/MAX Oceanview Realty        5686 Cowrie St.

 Kiosk, Trail Bay Mall

Weekly REPORT  July 16– July 22   

How should you negotiate an offer that comes in soon after you’re listed? Some sellers worry they’re underpriced – they won’t counter-offer, or they want to raise the price. Your professional realtor prepared an evaluation. Rely on it. Also, in any market there are buyers who can’t find what they’re looking for. They’re highly motivated and act quickly on new listings. A professional realtor knows this, and knows you should negotiate these first offers carefully. They’re likely to be your best.

ACCESS TO LISTINGS CLICK ON     http://www.remaxoceanview.com

 SALES THIS WEEK: 16    [SUNSHINE  COAST, ALL OFFICES]

PRICE RANGE

AREA

 NEW LISTINGS THIS WEEK:   36                   PRICE REDUCTIONS

CURRENT LISTINGS:  1351

DET’D  SALES to LIST  RATIO*:    =  6%  [ADADDD

                   0%             6%                  15%                   22%

*The Sales/Listings Ratio is a guide to market conditions. A value below 15 favours buyers. 15 – 22 reflects a balanced market, and over 22 gives the advantage to sellers.

RE/MAX Oceanview Realty        5686 Cowrie St.

                                Kiosk, Trail Bay Mall Weekly REPORT  July 2 – 8     

Last week we listed "have a goal" as one of the main attributes of a good negotiator. What does that mean? When you enter a real estate negotiation, you should know 2 things ahead of time: the true market value of the property you’re trying to buy or sell, and the price you're willing to go. A good negotiator knows this information ahead of time keeps it in mind during the offer/counter-offer process. This provides a "road map", which keeps the negotiations purposeful and on track.

ACCESS TO LISTINGS CLICK ON     http://www.remaxoceanview.com

 SALES THIS WEEK: 16    [SUNSHINE  COAST, ALL OFFICES]

PRICE RANGE

AREA

 NEW LISTINGS THIS WEEK:   33                   PRICE REDUCTIONS

CURRENT LISTINGS:  1322

DET’D  SALES to LIST  RATIO*:    =  6.7%  [ADADDD

                   0%              6.7%               15%                   22%

*The Sales/Listings Ratio is a guide to market conditions. A value below 15 favours buyers. 15 – 22 reflects a balanced market, and over 22 gives the advantage to sellers.

RE/MAX Oceanview Realty        5686 Cowrie St.

                                Kiosk, Trail Bay Mall Weekly REPORT  June 25– July 1   

One of the most important skills a Realtor can provide is negotiation. After all, most of us buy or sell a home only a few times in our lives. With what's at stake we need help. The Professional Realtor knows negotiations are much more than just winning or losing. The Professional Realtor should: 1. Have a goal in mind; 2. Know the market; 3. Stay calm and patient; 4. Be a good listener; 5. Identify common grounds; 6. Expedite the process; 7. Communicate effectively; 8. Stay objective and not take it personally.

ACCESS TO LISTINGS CLICK ON     http://www.remaxoceanview.com

 SALES THIS WEEK: 9    [SUNSHINE  COAST, ALL OFFICES]

PRICE RANGE

AREA

 NEW LISTINGS THIS WEEK:   32                    PRICE REDUCTIONS

CURRENT LISTINGS:  1305

DET’D  SALES to LIST  RATIO*:    =  4%  [ADADDD

                   0%     4%                          15%                   22%

*The Sales/Listings Ratio is a guide to market conditions. A value below 15 favours buyers. 15 – 22 reflects a balanced market, and over 22 gives the advantage to sellers.

Sellers usually don’t expect to get full price. But what about low-ball offers? Many sellers become offended and won’t even counter-offer. Professional realtors know that the buyer who makes an offer – even if it’s low - is better than the one who just looks and moves on. We know buyers may start low because they’re afraid of having their first offer accepted. They want to know they’ve negotiated well. We have seen this a time or two before. We know that, with some patience and experience, low ball offers can often be coaxed up to become acceptable offers.

ACCESS TO LISTINGS CLICK ON     http://www.remaxoceanview.com

 SALES THIS WEEK: 16    [SUNSHINE  COAST, ALL OFFICES]

PRICE RANGE

AREA

 NEW LISTINGS THIS WEEK:   39                   PRICE REDUCTIONS

CURRENT LISTINGS:  1333

DET’D  SALES to LIST  RATIO*:    =  %  [ADADDD

                   0%               7.9%             15%                   22%

*The Sales/Listings Ratio is a guide to market conditions. A value below 15 favours buyers. 15 – 22 reflects a balanced market, and over 22 gives the advantage to sellers.

RE/MAX Oceanview Realty        5686 Cowrie St.

                                Kiosk, Trail Bay Mall Weekly REPORT  June 18 – 24   

Lower property values have been challenging for sellers. They can find themselves wishing for the offer they turned down last month. The professional agent has a challenging job: how to please the seller and give honest and sometimes difficult advice? It starts with a thorough assessment of the market and a sound evaluation of the property. The professional agent then educates the seller through regular market updates so that when an offer comes in, the right decision can be made. 

ACCESS TO LISTINGS CLICK ON     http://www.remaxoceanview.com

 SALES THIS WEEK: 18    [SUNSHINE  COAST, ALL OFFICES]

PRICE RANGE

AREA

 NEW LISTINGS THIS WEEK:   32                    PRICE REDUCTIONS

CURRENT LISTINGS:  1337

DET’D  SALES to LIST  RATIO*:    =  7.3%  [ADADDD

                   0%             7.3%                15%                  22%

*The Sales/Listings Ratio is a guide to market conditions. A value below 15 favours buyers. 15 – 22 reflects a balanced market, and over 22 gives the advantage to sellers.

RE/MAX Oceanview Realty        5686 Cowrie St.

                                Kiosk, Trail Bay Mall Weekly REPORT  June 11 – 17   

Many buyers can become frustrated when they find themselves sitting on the fence, unable to decide whether to buy or not. It’s an unhappy place for buyer and Realtor alike. Perhaps they’re not sure what they're looking for. They might not be ready or able to buy. The professional Realtor helps by educating the buyer, providing professional advice and being the steady hand that moves the process forward. The professional Realtor understands that it is not his or her job to force buyers to buy. It is to help them off the fence – even if it means not buying right now.

ACCESS TO LISTINGS CLICK ON     http://www.remaxoceanview.com

 SALES THIS WEEK: 17    [SUNSHINE  COAST, ALL OFFICES]

PRICE RANGE

AREA

 NEW LISTINGS THIS WEEK:   54                                      PRICE REDUCTIONS

CURRENT LISTINGS:  1339

DET’D  SALES to LIST  RATIO*:    =  6.7%  [ADADDD

                   0%         6.7%                    15%                  22%

*The Sales/Listings Ratio is a guide to market conditions. A value below 15 favours buyers. 15 – 22 reflects a balanced market, and over 22 gives the advantage to sellers.

RE/MAX Oceanview Realty        5686 Cowrie St.

                                Kiosk, Trail Bay Mall Weekly REPORT  June 4 – 10   

As Realtors, we make it our business to be aware of programs that can benefit home owners. For instance, do you know about the BC Gov't "LiveSmart"program? LiveSmart encourages home owners to install energy saving renovations and improvements by offering cash rebates. For instance, improving airtightness can result in a $400 rebate. Increasing the R value in your attic can result in a $600 rebate - other insulation upgrades can be worth up to $1,200! The LiveSmart program runs until March 31, 2014. For more information, go to livesmartbc.ca.

ACCESS TO LISTINGS CLICK ON     http://www.remaxoceanview.com

 SALES THIS WEEK: 13    [SUNSHINE  COAST, ALL OFFICES]

PRICE RANGE

AREA

 NEW LISTINGS THIS WEEK:   41                    PRICE REDUCTIONS

CURRENT LISTINGS:  1313

DET’D  SALES to LIST  RATIO*:    =  6.8% 

                   0%         6.8%                    15%                  22%

*The Sales/Listings Ratio is a guide to market conditions. A value below 15 favours buyers. 15 – 22 reflects a balanced market, and over 22 gives the advantage to sellers.

RE/MAX Oceanview Realty        5686 Cowrie St.

                                Kiosk, Trail Bay Mall Weekly REPORT  May 28– June 3   

The contract of purchase and sale is the principal document used to facilitate real estate transactions. At its most basic, this document consists of "the 3 P's": the price, the parties and the property. Of course, there are many other elements that must be set out between the parties -closing dates, subject clauses, deposits, etc. Did you know, the typical offer can involve 15 pages or more? No wonder Realtors spend so much time, effort and training on drafting contracts!

ACCESS TO LISTINGS CLICK ON     http://www.remaxoceanview.com

 SALES THIS WEEK: 17    [SUNSHINE  COAST, ALL OFFICES]

PRICE RANGE

AREA

 NEW LISTINGS THIS WEEK:   41                    PRICE REDUCTIONS

CURRENT LISTINGS:  1345

DET’D  SALES to LIST  RATIO*:    =  9.1% 

                   0%                 9.1%             15%                  22%

*The Sales/Listings Ratio is a guide to market conditions. A value below 15 favours buyers. 15 – 22 reflects a balanced market, and over 22 gives the advantage to sellers.

RE/MAX Oceanview Realty        5686 Cowrie St.

                                Kiosk, Trail Bay Mall Weekly REPORT  May 21 – May 27    

While it's true Realtors do not give legal advice, we are expected to have an understanding of many legal issues affecting real estate. From the varied and many taxes affecting purchases and sales, to the effect of easements on title, to the fine nuances of contract wording, to the fundamentals of tenancy law, Realtors must have a working understanding of all these areas - and more - as a part of our day-to-day practice.

ACCESS TO LISTINGS CLICK ON     http://www.remaxoceanview.com

 SALES THIS WEEK: 17    [SUNSHINE  COAST, ALL OFFICES]

PRICE RANGE

AREA

 NEW LISTINGS THIS WEEK:   31                    PRICE REDUCTIONS

CURRENT LISTINGS:  1308

DET’D  SALES to LIST  RATIO*:    =  9.2%  [ADADDD

                   0%                      9.2%        15%                 22%

*The Sales/Listings Ratio is a guide to market conditions. A value below 15 favours buyers. 15 – 22 reflects a balanced market, and over 22 gives the advantage to sellers.

RE/MAX Oceanview Realty        5686 Cowrie St.

                                Kiosk, Trail Bay Mall Weekly REPORT  May 14 – May 20    

One of the most important tasks your realtor can perform is a Comparative Market Analysis (CMA). Clients typically want a CMA to help them establish the value of a property which is to be bought or sold. Realtors are trained to assess the various qualities and facts concerning a property and through the process of comparison to recent sales and listings, suggest a market value. We know there’s a lot at stake. That’s why we spend so much of our time staying on top of the market and honing our evaluating skills.

ACCESS TO LISTINGS CLICK ON     http://www.remaxoceanview.com

 SALES THIS WEEK: 13    [SUNSHINE  COAST, ALL OFFICES]

PRICE RANGE

AREA

 NEW LISTINGS THIS WEEK:   39                    PRICE REDUCTIONS

CURRENT LISTINGS:  1304

DET’D  SALES to LIST  RATIO*:    =  6.3%  [ADADDD

                                      6.3%               15%                  22%

*The Sales/Listings Ratio is a guide to market conditions. A value below 15 favours buyers. 15 – 22 reflects a balanced market, and over 22 gives the advantage to sellers.

RE/MAX Oceanview Realty        5686 Cowrie St.

                                Kiosk, Trail Bay Mall Weekly REPORT  April 23 – April 29    

The Real Estate Board is lobbying politicians to lower the Property Transfer Tax. This tax, 1% of the 1st $200K, 2% thereafter, was introduced in 1987 and was intended to affect mainly higher priced properties. However, in 1987 the average price of a home on the Coast was under $100K. Since then prices have quadrupled. The bill, which used to be less than $1,000 now averages almost $6,000 - clearly an unfair burden to buyers and an impediment to the real estate market.

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 ACCESS TO LISTINGS CLICK ON     http://www.remaxoceanview.com

 SALES THIS WEEK: 19    [SUNSHINE  COAST, ALL OFFICES]

PRICE RANGE

AREA

 NEW LISTINGS THIS WEEK:   37                    PRICE REDUCTIONS

CURRENT LISTINGS:  1256

DET’D  SALES to LIST  RATIO*:    =  8.5%

RE/MAX Oceanview Realty        5686 Cowrie St.

  kiosk, Trail Bay Mall Weekly REPORT  April 16 – April 22    

Last week we talked about the Property Transfer Tax exemption for 1^st time home buyers. To qualify, you must be a Canadian citizen or a permanent resident and have lived in BC for 12 consecutive months immediately before the purchase, or filed 2 BC tax returns during the previous 6 years. You must not have owned an interest in a principal residence anywhere in the world at anytime, or ever received a first time home buyers’ exemption or refund. This saving is crucial for many 1^st time home buyers.  

 ACCESS TO LISTINGS CLICK ON     http://www.remaxoceanview.com

 SALES THIS WEEK: 7    [SUNSHINE  COAST, ALL OFFICES]

PRICE RANGE

AREA

 NEW LISTINGS THIS WEEK:   61                     PRICE REDUCTIONS

CURRENT LISTINGS:  1249

DET’D  SALES to LIST  RATIO*:    =  3.6% 

*The Sales/Listings Ratio is a guide to market conditions. A value below 15 favours buyers. 15 – 22 reflects a balanced market, and over 22 gives the advantage to sellers.