ACTIVE
SOLD

If you're planning on selling your home, you may have considered putting up a "For Sale" sign and doing it yourself.

Many people have successfully sold their own homes; however, they don't always necessarily come out ahead financially.

Just as it's not recommended to represent yourself in court, it's not a good idea to market and negotiate your biggest asset. Here are a few reasons why it's important to retain the services of a professional real estate agent:

  1. No Upfront Costs - You don't have to worry about the various advertising costs which can quickly amount to a small fortune. Time is money too and often it makes more financial sense to spend time on other projects.

  2. Exposure - Your pool of potential buyers will be very limited whereas an agent can expose your home to the masses! Selling privately can take a while which drives up carrying costs and the longer a home sits on the market, the less it's likely to sell for.

  3. Motivation - The only reason to sell on your own is to try and save money. Buyers who go it alone know this and expect to share in your savings. Real estate agents are paid on commission so it's in their best interest to get you top dollar!

  4. Third Party Negotiator - Buying or selling a home is an emotional roller coaster! Just one wrong remark can cause a deal to fall apart. A third party negotiator provides an important buffer between the buyer and the seller.

  5. Experience - Real estate transactions can be fraught with potential problems. Agents can advise you on various legal matters as well as multiple offer and counter offer scenarios. An agent can also help stage your home in order to attract the best possible price.

  6. Convenience - You'll have to show your home to strangers on short notice which can be frustrating and dangerous. Most prospects aren't that serious or are just plain nosy. Agents only work with qualified buyers so they don't waste time or compromise their personal safety.
  7. Coordinating - It is also important to remember that if you are also buying that you would likely prefer a move in to your new home without having to have temporary accommodations or having to borrow additional funds for "bridge" financing. Agents not only sell your house but are experienced at making your move as stress free as possible.


Selling a home privately can be risky which means you're gambling with your biggest asset. It pays to have a professional on side to look out for your best interests throughout this complex financial and emotional transaction. Do-it-yourself jobs are great in certain situations but when it comes to selling a home, it's best to enlist the services of a professional.

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Vancouver Real Estate board overall

 

Single family houses sales for July totalled 1259 with the average sale price of $1,144,592. This 59% increase in number of sales and 9% increase in average price over last year same time period (July).

 

Townhouse sales for July totalled 487 with an average sale price of $547,979. This is a 26% increase in the number of sales and an increase of 1% in average price over the same time period last year (July).

 

Condominiums July sales totalled 1210 with the average sale price of $441,690. This a 30% increase in number of sales and 8% increase in average price over the same time period last year (July).

 

Total of all types for July was 2956 sales with an average sale price of $758,730. This is a 40% increase in number of sales and 13% increase in average price over July last year.


The Vancouver Real Estate Board sales volume year to date is down by 2% year to date and year to date average sales price has increased slightly by 2%. The number of active listings is 8% lower this July compared to last July. It would appear that prices have stabilized in both single family, townhouses and condos and we have a more balanced market.

Local Maple Ridge

 

Single family house July sales totalled 106 with the average sale price of $539,939. This a 4% increase in number of sales and average price increase of 9% compared to July last year. Townhouse July sales totalled 33 with an average sale price $307,386. This is a 22% increase in the number of sales and average price increase of 11% over last July. Condominiums July sales totalled 21 with the average sale price of $204,911. This is an 4% decrease in number of sales and average price increase of 25%% over last July.

 

Total of all types of sales for July was 160 with an average sale price of $448,003. This is a 6% increase in number of sales and a 10% increase in average price over last July.

 

Low volumes cause the monthly statistics to vary quite a bit from month to month.


Year to date average prices for single family are basically unchanged, townhouses also unchanged and condos increased about 5%. Average price for a single family in Maple Ridge has not changed in 3 years. We have seen about a 7-10% drop in average sale price of townhomes and condos in the same time period.

 

The number of properties on the market in Maple Ridge for July is 981 which is 4% less than last July.

 

For more detail just call 604-466-4549 or email

pearceteam@telus.net .

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The real estate markets follows some very consistent patterns year after year. The busiest part of the annual market is from early February until late June. These are the people that want to get moved early in the year so they are settled in for the summer months when people take vacations and the kids are out of school.

The months of July and August tend to be quieter as the public and Realtors are busy with vacations and kids out of school.

The months from mid November until early February also tend to be quieter due to the festive season and winter in general.

The second busiest market of the year is from now ( end of August until late November) as people want to get sold and in to their new home by Christmas holiday season and year end. If you are wanting to get moved by year end then it is time to get your property on the market. It will likely take 30-60 days to get an offer and then another 30-45 days after that to get moved in.

If you are thinking of making that move by year end then call us today!

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If you have young children, flying has likely taken on a whole new meaning and fun probably isn't a word that springs to mind!

Flying with little ones can be somewhat bearable though if you're properly prepared. Here are a few tips to keep in mind:

  1. Call Ahead - Get details on seat selection, strollers and car seats. Reserve the bulkhead seats if you're traveling with an infant and ask for a cot.

  2. Extra Extra!! - Bring extra snacks, crayons and toys. Put diapers and wipes in a separate bag so you won't have to lug your entire backpack to the bathroom.

  3. Get a Move On! - Keep your kids moving before the flight to help them cope with the confined space onboard. They'll burn up energy which will stop them from kicking the seat in front of you.

  4. Fasten Your Seatbelts - Have a few items handy in case there's turbulence and you can't access the overhead compartment and always have a drink ready to help relieve their ear pressure.


It always takes longer to do anything with kids so make sure to allow lots of extra time. Although it seems like you'll have an eternity at the airport, activities such as check-in, snack time and bathroom breaks will quickly eat up your time but if you're properly prepared, you'll be able to relax and enjoy a smooth flight!

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Geocaching is a high tech treasure hunt where a GPS is used to locate hidden caches. It's a great way to get active with your family and explore the great outdoors!

Geocaches are containers that include a log book and small treasures. Once you find the geocache, you replace the treasure with something of your own, log in your details and then check-in online.

Exploring hometown hiking trails takes on a whole new meaning and the best part is that geocaching doesn't cost a cent! Instead of searching around for the remote this Sunday afternoon, head outdoors for a real life treasure hunt. For more information, visit www.Geocaching.com.

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I have listed a new property at 11719 DARBY ST in Maple Ridge.
Great location and over 2000 square feet of living space in a two storey plus basement. Get inside to appreciate the size and condition . Just a small complex of only 16 units with transportation less than a block away. Three good sized bedrooms on the top level and the main bedroom has a two piece ensuite. Lots of updates with laminate floors, newer carpets, kitchen appliances, new bathroom cabinets & fixtures, kitchen cabinets and more. Nicely decorated and freshly painted throughout with crown molding on the main. Large 10 X 12 partially covered deck overlooks the large private fenced yard. Downstairs is a large recreation room, storage area ( could be finished den) , shop and laundry. Spacious complex with lots of parking
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I have listed a new property at 8761 PARKER CRT in Mission.
3 yr old beautiful 2 story home in a quiet cul-d-sac backing onto greenbelt and siding onto designated park. Rare 4 large bedroom plan upstairs, huge great room concept with soaring wall of windows, heat pump, maple kitchen cabinets, builtin entertainment cabinetry, power smart windows, crown mouldings... the list goes on, Excellent value and no GST to be paid.
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Please visit our Open House at 20505 115TH AVE in Maple Ridge.
Open House on Sunday, August 18, 2013 2:00 pm - 4:00 pm
Well kept West side rancher with three bedrooms and two full bathrooms on a quiet cul de sac. Features include hardwood floors throughout and a gas fireplace in the living room. There is a spacious kitchen with an eating area and sliding doors to the back yard. All this covered with a roof that is three years old, PLUS the home has central A/C. Lots of room in the double garage and there is rear yard access so you can park an RV on the side of the house. The rear yard has a storage shed and a chain link fenced dog run. Well kept home for the retiree or first time buyer. Open House Aug 18 1-4PM
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Please visit our Open House at 7 11588 232ND ST in Maple Ridge.
Open House on Sunday, August 18, 2013 1:00 pm - 4:00 pm
Well kept townhome with a single garage close to schools and public transportation. Updates in last few years include new kitchen and new floors. The bathrooms are also updated and the roof on the complex was done in 2004. There are threebedrooms up plus a large den / laundry room that could be a 4th bedroom (laundry can be moved to garage). Spacious eating area off the kitchen and sliding glass doors to the patio with lots of greenery. Close enough to shopping that you could walk and both elementary and high schools that are nearby. Well maintained family complex, have a look. OPEN HOUSE Aug 18 1-4pm
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Please visit our Open House at 20505 115TH AVE in Maple Ridge.
Open House on Sunday, August 18, 2013 1:00 pm - 4:00 pm
Well kept West side rancher with three bedrooms and two full bathrooms on a quiet cul de sac. Features include hardwood floors throughout and a gas fireplace in the living room. There is a spacious kitchen with an eating area and sliding doors to the back yard. All this covered with a roof that is three years old, PLUS the home has central A/C. Lots of room in the double garage and there is rear yard access so you can park an RV on the side of the house. The rear yard has a storage shed and a chain link fenced dog run. Well kept home for the retiree or first time buyer. Open House Aug 18 1-4PM
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