We felt it was important to share this post we read in a private Realtors Professional group. There are plenty of those in our world who are willing to take advantage of anyone possible. And it's everywhere, not just in the Valley. Understand, using a professional to market your home isn't just about the marketing, knowledge, negotiation skills and understanding of the transaction. It's also for the protection of the Principal (you).
Well - this is officially a first for me. My seller had a knock on her door this afternoon. Outside was a couple offering to buy her home if she agreed to do it without me. She gave them my card and told them to call me if they wanted to buy it. They said - no, we want to work with you.... don't you want to sell your home? Don't you want to make more money? What if we paid you $50,000 more than you're asking? Thank goodness she told them to F* off and closed the door in their face. She was furious when she phoned me to tell me. They apparently got angry and left. The nerve of some people!! UPDATE: Seller phoned the police and was told that they've had numerous reports of this happening over the holidays. It's sometimes a young couple. Sometimes 2 guys. All in the Aldergrove area. When talking to your sellers make sure to tell them to never let anyone in who isn't expected and with a Realtor... I always do and I'm sure glad I did this time!
The speculation, through the conversation in this thread, was that these people were potentially attempting to access the interior of this senior's home.
Earlier in the school year we had the opportunity to experience one of the Semiahmoo Music Society's various concerts.
While we had heard great things about the school music program, we were blown away by the quality of musicianship of the various levels of bands the school has. Afterwards, we had the opportunity to meet and talk with the Music Department Teachers, all so very enthusiastic and passionate about what they do.
We talked about the students, the funding and how financing the program has it's challenges. Mr. Lowe, the department head, mentioned how they are constantly looking at way to fund-raise for the purchase/upkeep of instruments as well as funding for festivals, workshops and trips, sometimes to far-off places in the world.
We realized we have an opportunity to do our part. We enjoy supporting the community through various fund-raising efforts for food-banks, hospital charities, neighbourhood events and sports participation, but we had no focus on the music. And without music... well, what is there to dance to?
As a Team, we would like donate $400 towards the Semiahmoo Music Society for every house marketed to completion or bought through us in the South Surrey/White Rock area. If you have experienced the joy of the Semi Music Society's talented students, please keep us in mind when the topic of Real Estate comes up in conversation.
With your assistance we can help the music in our neighbourhood play for years to come.
For more information please contact Andrew at 604-773-3940 or Info at HudsonHomeTeam.com
Home buyer demand increases across Greater Vancouver housing market
An increase in home buyer demand put Greater Vancouver in the upper reaches of a balanced real estate market in May.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 3,286 on the Multiple Listing Service® (MLS®) in May 2014. This represents a 14 per cent increase compared to the 2,882 sales recorded in May 2013, and a 7.7 per cent increase compared to the 3,050 sales in April 2014.
Last month’s sales were 6.5 per cent below the 10-year sales average for May of 3,514.
The sales-to-active-listings ratio currently sits at 20.4 per cent in Greater Vancouver, which is the first time that this measure has been above 20 per cent since June 2011.
“Our MLS® statistics tell us that there’s more home buyer demand today than at any point over the last three years,” Ray Harris, REBGV president said. “With sales surpassing the 3,000 mark in May and our sales-to-active-listing ratio exceeding 20 per cent, this is the most active marketplace we’ve seen since the spring of 2011,”
New listings for detached, attached and apartment properties in Greater Vancouver totalled 5,936 in May. This represents a 5 per cent increase compared to the 5,656 new listings in May 2013 and a 0.2 per cent decline from the 5,950 new listings in April. Last month’s new listing count was 2 per cent below the region’s 10-year new listing average for the month.
The total number of properties currently listed for sale on the MLS® system in Greater Vancouver is 16,072, a 6.7 per cent decline compared to May 2013 and a 3.6 per cent increase compared to April 2014.
(because we are HudsonHomeTeam!)
The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $624,000. This represents a 4.3 per cent increase compared to May 2013.
“Home prices have experienced consistent yet modest increases in our region since the beginning of 2013,” Harris said.
Sales of detached properties in May 2014 reached 1,453, an increase of 19.9 per cent from the 1,212 detached sales recorded in May 2013, and a 23.1 per cent increase from the 1,180 units sold in May 2012. The benchmark price for detached properties increased 5.4 per cent from May 2013 to $966,500.
Sales of apartment properties reached 1,286 in May 2014, an increase of 13.2 per cent compared to the 1,136 sales in May 2013, and an 11.2 per cent increase compared to the 1,156 sales in May 2012. The benchmark price of an apartment property increased 3.2 per cent from May 2013 to $377,500.
Attached property sales in May 2014 totalled 547, a 2.4 per cent increase compared to the 534 sales in May 2013, and a 5.8 per cent increase over the 517 attached properties sold in May 2012. The benchmark price of an attached unit increased 3.1 per cent between May 2013 and 2014 to $469,100. Download the complete stats package by clicking here.
HOME SALES SLOW TO NEAR HISTORIC LEVELS IN FRASER VALLEY AS BUYERS WATCH AND WAIT FROM SIDELINES
(Surrey, BC) – A total of 617 sales were processed through the Fraser Valley Real Estate Board’s Multiple Listing Service (MLS®) in January, a decrease of 23 per cent compared to 799 sales during the same month last year. January 2013 ranks as the second slowest for that month in the last thirteen years, second only to January 2009 during the global recession.
Scott Olson, president of the board, says there is a distinction between what REALTORS® saw four years ago compared to today. “People want to buy. We’re already seeing early signs of a typical spring market with more foot traffic at open houses and an increase in calls.
“Buyers have been holding off in hopes that prices will drop more, however it’s become clear that sellers are only willing to go so far. Prices for typical homes in the Fraser Valley have decreased by only two to three per cent in the last six months and in January we’re starting to see a reversal of that – in half of our communities prices have crept back up.”
Olson suspects the market stalemate may be coming to an end. “The number one reason people buy a home is a lifestyle decision – you need a bigger home, a smaller one, closer to work or school – so when the right home comes along you can only wait so long.
“With interest rates as low as they are, our local economy as strong as it is and prices so tenacious I think we’ll see the effects of this pent-up demand and a return to more balance in the market.”
In the last six months, prices for all three residential property types combined have decreased by 2.5 per cent while year over year they’re on par, showing an increase of 0.7 per cent. Of the three property types, prices of single family detached homes have been the most resilient, increasing 1.5 per cent in the last year going from $532,700 in January 2012 to $540,500 last month.
For townhouses, the benchmark price in January was $293,700, a decrease of 2.0 per cent compared to $299,800 during the same month last year. The benchmark price of apartments in Fraser Valley in January was $200,400, an increase of 1.2 per cent compared to $198,000 in January 2012.
REALTORS® added 2,643 new listings in January, 4 per cent fewer than the same month last year. This decreased the number of properties available in the Fraser Valley to 8,031, a decrease of 3.5 percent compared to January 2012. By historical comparison, January 2013 ranks as the third highest in terms of active listings in the last decade. —30 —
The Fraser Valley Real Estate Board is an association of 2,802 real estate professionals who live and work in the BC communities of North Delta, Surrey, White Rock, Langley, Abbotsford, and Mission. The FVREB marked its 90-year anniversary in 2011.
It’s that time of year again – time to ‘winter’ clean your closets for items to keep someone warm and dry. The 18th annual REALTORS® Care Blanket Drive will run from November 26 to December 3 across the Lower Mainland. This annual eight-day event collects enough gently used blankets, sleeping bags, warm clothing and jackets; in addition to new socks and underwear to help protect about 20,000 vulnerable people in our region from the cold, wet winter. "The REALTORS® Care Blanket Drive is a perfect example of the whole being greater than the sum of its parts,” says long-time volunteer Tammy Evans with RE/MAX Treeland in Langley. “When you have hundreds of people donating even just a few quality items it doesn’t take long to add up. After 18 years, our supporters know what we’re looking for and appreciate how important their donations are to the thousands of people they’re helping. For someone living on the street a sleeping bag and warm winter coat can literally be a lifesaver.” Of the 35 charities in the region that benefit from the REALTORS® Care Blanket Drive, NightShift Street Ministries in North Surrey is amongst those that receive a significant volume. Since 2004, it has received enough donations to help provide emergency warm clothing during the winter to the 100 clients it serves on average every night. MaryAnne Connor is NightShift’s founder and president. “Your support helps us tremendously. We hand out the blankets, coats, gloves and new underwear and socks directly to our street family members from our mobile clothing truck. Extra clothing items that aren’t warm enough are distributed through our Sisters Thrift Boutique. Everything is accepted and greatly appreciated.” Special REALTORS® Care Blanket Drive donation bags are available at any of the 100 plus participating real estate offices spread between Whistler and Hope or feel free to use your own. Local REALTORS® pick up your donations, separate clothing from blankets and deliver them to the charities.
Here is a message for you to support the wonderful people at Bayridge Elementary School:
Helping without having to do anything – sort of.
Thrifty Foods Smile Cards - If you don't already have one of our special Community Smilecards from last year, pick one from the counter at the office. The card comes with a zero balance, and each time you shop at Thriftys, just load the card at customer service and pay anyway you like. Every time you load or reload the card, Bayridge gets 5% of the amount loaded. Then use your card at the cashier to pay for your groceries. You still collect your Thrifty's points as normal. This can really add up over the year, so your support in remembering to load at the service desk before you shop is really appreciated! The program runs until June and please feel free to grab a card for friends and family as they work at any location.
If you would like one, let me know and I will drop one off at your door, complimentary.
REALTORS® and real estate offices are gearing up for this year's REALTORS Care® Blanket Drive, the longest continuous blanket drive in the Lower Mainland!
In 2011, REALTORS® collected and donated enough blankets and warm clothing to directly help more than 100,000 people from Whistler to Hope and places in-between.
New or gently used • blankets, sleeping bags • warm clothing - coats, jeans, pants, sweaters • scarves, gloves, mitts, hats
New (women, children, men) • socks • underwear
Please click herefor a drop off location near you!
The REALTORS Care® Blanket Drive story
Way back in 1995, some caring REALTORS® in Vancouver observed the homeless situation in the city’s eastside and said to themselves, we’ve got to do something.
They put out an appeal to their fellow colleagues for warm blankets and coats and collected 600 bags of donations specifically dedicated to Vancouver’s homeless in the downtown core.
That single act of kindness has blossomed into one of the largest annual collections of warm clothing and blankets, helping homeless people and the working poor in every single community in the Lower Mainland.
Fifteen years later, thousands of REALTORS® from Whistler to Chilliwack have collected more than 27,000 bags of donations. Each year, more than 75 amazingly dedicated members actually pick-up and deliver all the donations, and well over 100 real estate offices in the Lower Mainland act as collection depots.
The annual REALTORS Care® Drive now collects an astonishing 4,000 plus bags of warm, winter items on behalf of dozens of local charities.