Real Estate in Nanaimo - Should I accept the first offer that I get on my home?


Look at the following before accepting an offer or making a counter offer:
·How much inventory is currently on the market that competes with your home.
·Time of year – the market is generally busiest in spring and early fall. 
·Review of comparative homes and what they are selling for is most helpful when deciding on
whether or not to accept an offer.

 

Pets and Strata in Nanaimo


According to Statistics Canada, there are approximately 3.5 million dogs and 4.5 million cats in the country. About half of all households have at least one pet. 
It is understandable that strata councils would be concerned with pet noise but the strata bylaw of ' No Pet's' often limits the prospective condo buyer base.  Many people actively searching for condos will not even consider purchasing a condo that doesn’t allow pets.
It is important for everyone to know the pet rules in your strata.  A 'No pet's' rule seriously limits the number of prospective buyers available when you decide to sell your unit.
For a list of pet friendly condos in Nanaimo please contact me.

How Pre-Inspections Make Homes For Sale In Nanaimo Sell Faster

When you conduct a pre-listing inspection on your home for sale in Nanaimo, you’ll be able to discover and repair any items that need to be fixed ahead of time. This puts you one step ahead of the competition and you will not be caught off guard or be surprised about the condition of your home for sale. You can, with the approval of your real estate agent, use this as a selling tool when your home does go on the market.
A pre-listing home inspection often demonstrates that you’re serious about selling your home and have made the job of the buyer just a little bit easier

2-5-10 Home Warranty


The 2-5-10 Home Warranty is run through the Homeowner Protection office.  I checked the HPO website and this is what they have regarding the 2-5-10 Home Warranty as it pertains to strata new construction.
Home warranty insurance on new homes includes a minimum of 2 years on labour and materials, 5 years on the building envelope, including water penetration, and 10 years on structure.
If you require additional information on 2-5-10 Home Warranty please give me a call.

How Long Will It Take To Sell Our Nanaimo House?



Get a feel for the state of the Nanaimo real estate market.  Knowing what kind of market we are experiencing can help you gauge how long it will take to sell your home.
As your Nanaimo real estate agent, I can calculate the absorption rate of homes by price range in the Nanaimo area.  The definition of absorption rates is: the number of weeks it takes to sell the current inventory at the present rate of sales. The numbers will change with each month.  In the early spring months , the real estate market can be heavy on listings and light on buyers but should adjust as summer approaches.

Four Inexpensive Kitchen Renovations


Resurfacing or repainting old cupboards is the cheapest way to give your kitchen a facelift. Using more glass enlarges and brightens the look of a room. Try replacing a few cupboard doors with glass ones and interior lighting. Changing cabinet hardware makes a big difference to give a modern look to your kitchen. Add a lovely tile backsplash and new wall paint in your kitchen.  Linoleum flooring that looks like floor tile is another inexpensive, but impressive reno for your kitchen. All of these factors are important in the field of Nanaimo homes for sale.

For other   inexpensive kitchen renovations ideas please give me a call.

Selling Your Home in The Dead Of Winter


Homes are usually harder to sell during winter and although you may not choose to sell your home job transfers or personal situations might make it necessary. Price your home competitively and keep all deferred maintenance items and repairs up to date. If your home is vacant be sure to leave all utilities on for your realtor to make showings as nice as possible.  if you're still living in your house the warmth of a fire and the soft glow of accent lights can make a potential buyer feel welcome and imagine that your house is her home. Baking cookies or bread fill the kitchen with enticing aromas to enhance the experience for the buyer.
Staging Tips Using Paint
Staging doesn’t need to be expensive. Here are a few staging tips to transform a room with paint:
1.     Avoid bright colors. Neutral colors have a universal appeal.
2.     Get rid of wallpaper.
3.     A room will look larger if you paint it the same color as the room adjacent to it.
4. Try painting the walls the same color as the drapes to create a seamless contemporary look.
Things to fix before you list your home for sale
Some things really need to be fixed before you sell your house as they can be turn-offs to buyers. Some of these include: chipping or peeling paint, an unkempt lawn, worn or dirty carpets, unusual or odd paint colors.  Keep in mind that once you have an offer on your house your buyer will most likely want to do an inspection.  A poor inspection can kill a sale and there is nothing more disheartening than a collapsed sale.  If you know of things that need repairing it is a good idea to get these things repaired prior to listing your house.
What kind of real estate market is Nanaimo experiencing, Winter 2017?

Nanaimo continues to be experiencing a seller’s market.  A seller’s market is a market where there are more buyer’s than seller’s . Find out more about what is going on in the Nanaimo real estate market.
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