February 2013

There are 5 blog entries for February 2013.

Do you wonder why real estate agents recommend that sellers be absent when their home is shown?   There are two good reasons:  
  • The first is that buyers will naturally feel more at ease, and will look more thoroughly when the seller isn't hovering nearby. When the seller is there, they'll hesitate to open closet doors, turn on the faucets, or linger long enough to sit down and absorb how the house "feels."
  • The second is that sellers can inadvertently give away their negotiating power.

Buyers' agents want to avoid conversations between buyer and seller (or buyer and seller's agent) for the same reason.

liliana sorescuA seemingly innocent question, such as "Why are you moving?" can lead to answers that reveal your…
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  Whether you're buying or selling a home here in Coquitlam, Burnaby, New Westminster, Surrey, Langley, or Abbotsford, you'll have a list of last minute tasks.   One of those tasks is contacting your service providers – both at your present address and your new one. Unfortunately, many buyers and sellers forget about this until it's time to move – and then there's a last-minute scramble to locate account numbers and contact numbers.   So why not take the time right now to make a master list of companies that need to be informed of the move. Note the name of the company, the customer service phone number, and your account number.   The list would include:
  • Your electric power company
  • City water, sewer, and garbage services
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When we list your home in Vancouver you have to start preparing for moving day. Now is the time to pull things out of closets, cupboards and other storage spaces, deciding which things will go with you to your new home and which will not.   You may have friends and family who want some of those items, and of course they should have first chance to take them home. What to do with the rest depends upon your personality and the time you have available.   Many Vancouver homeowners opt for a yard sale – or, if the home is already in escrow, a moving sale.   This does take some organization and some time – after all, each item does need to be priced! You can either take the time to do it yourself, or ask us for a recommendation. We know…
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The home buyers remain below historical averages in today's Vancouver real estate market. This has led some owners to take their houses off the market.

According to the REBGV statistics the property sales in Greater Vancouver reached 1,351 on the MLS® in January 2013. This represents a 14.3 per cent decrease compared to the 1,577 sales recorded in January 2012, and an 18.3 per cent increase compared to the 1,142 sales in December 2012. This means that we had the second lowest month of January since 2001.

Sale activity has been below historical averages in Greater Vancouver for the last seven months. This has caused a gradual decline in home prices of about 6 per cent.

Since May of $625,100, the MLS® Home Price Index composite benchmark price for

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