Real Estate Statistics for January 2018
|January 2018||December 2017||January 2017|
|Average Sale Price:||$522,608||$529,766||$512,063|
|Parksville / Qualicum|
|Average Sale Price:||$606,874||$536,034||$506,159|
Nanaimo home sales increased 59% in January 2018 when compared with January 2017. The average sale price increased 2%. The median house price was $499,900.
Parksville/Qualicum home sales increased 9% in January 2018 when compared with January 2017. The average sale price increased 20%. The median house price was $532,500.
In Nanaimo for January 2018 there were 181 active listings of single...
Real Estate in Nanaimo - What to expect when listing your home!
What to expect
1) The first days and weeks - Your home will be entered into a computer within 24 hours after it 4431 for a new listing, with special features that your home has, then it is possible that your home will be shown within a few days after it has been listed. We use this first week to bring the Property Disclosure and Sellers Disclosure forms to your home, fine tune the showing procedure, get your for sale sign installed and work on the upcoming marketing activities including feature sheets and other promotional materials.
2) About office tours - Our office tours new listings on Tuesdays, after our sales meeting, generally between 9.30am and 12.30pm. This is...
The Anatomy of a Listing
You have contacted a realtor (hopefully us!) that you are comfortable with. This is important as it will be a close working relationship until the home sells. Trust and compatibility is essential. A market evaluation is done based on previous sales of similar homes, present competition, market trend, location and condition.
1) A partnership is formed. Each party has a job to do – the realtor to market the property and the owner to price it right. This is very important! All the best marketing in the world will not sell an over-priced property. For instance in 2003, 2004 and 2005 (the hottest and most successful period of sales in this area in over 30 years), only 66% of homes actually sold. In...
We often get asked questions about the listing and marketing process. What are the steps involved? What kind of marketing is done? What works and what does not? While this is not a comprehensive list, it should give you an idea of the process.
What are the benefits of listing with Ian Hodson?
1) Strength of the company - Royal LePage is a Canadian owned and operated company that has been going since 1913 and is now the largest Real Estate brokerage on the Island.
2) Professional Photography
3) Professionally produced floorplans or immersive 3D walk through (a ‘dolls house’ view)
4) Professional marketing fl...
Your property is not something you sell every day. For most people, their home is their largest asset. A house is very complex to market and the process needs to be well organised. A plan is needed.
Over the next week or so I will publish information on the selling process. Keep in mind that you have control over the speed with which you move forward. Each transaction is unique, so it is important that we analyse your situation and answer any questions that you may have. We will be with you every step of the way. Today we look at the two key questions you should be ask yourself before talking to a REALTOR® as they will ask you why are you selling and what is your time frame for selling?
Decide to sell
Tips for increasing your home's value
Home Improvements: Under $100
Tip 1: Spend an Hour with a pro
Invite a realtor or interior designer over to check out your home. Many realtors will do this as a courtesy, but you will probably have to pay a consultation fee to a designer. Check with several designers in your area; a standard hourly fee is normally less than $100, and in an hour they can give you lots of ideas for needed improvements. Even small suggested improvements, such as paint colors or furniture placement, can go a long way toward improving the look and feel of your home.
Tip 2: Inspect it
Not every home improvement is cosmetic. Deteriorating roofs, termite infestation or outdated electrical systems — you can't fix it if you don't know it's broken. Hire an...
They say that the three of the most stressful things for anyone to do are:
1 - getting married
2 - starting a new job
3 - moving home
Although I cannot help with the first two, the following may help with the third as unless you are an organisational expert or can list 'Project Manager' on your resumé, it can be easy to forget something.
What's the best way to prepare for a move?
Four weeks before moving
• Decide what you want to take to your new home, what you want to throw out, and what you want to donate to charity or sell.
• Start using up frozen food and staples. Don't buy any more than is necessary before moving.
• Start planning your trip. Make airline reservations. Book hotels and rental cars.
• Arrange for important school,...