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Q: Why should I pay an agent to sell my home rather than sell it on my own?


A: Want to hear something funny? After six months of trying to sell his own home, the founder of the #1 website people use to sell their own homes sold his home...using a real estate agent.


That's right. Colby Sambrotto, the founder of ForSaleByOwner.com spent six months trying to sell his New York City apartment through online listings and classified advertisements. But he eventually decided to turn the sale over to a professional and even paid the standard 6% commission when he sold his two-bedroom New York condo for $2.15 million. (You can read the entire article here.)


Know what else?


You may have seen the current TV ads warning you that if you don't use a real estate agent, you'll end up living next to a bunch of aging nudists. But I think there are even more compelling reasons (after all, what's so bad about aging nudists?) to reconsider no using an agent, whether buying or selling. 


If you're thinking of selling your home on your own, consider the following:

I'm not telling you all this so that you'll run out and list your home with an agent (okay, I kind of am, in fact, if you're thinking of listing, why not shoot me an email and we can talk about it) but I just want to counter so much of the current chatter that agents are a waste of time and that we don't do anything but throw your home on the MLS and then sit back and wait for our commission cheques to roll in. While we have heard in the past stories of bidding wars and homes selling in days and even hours after they are listed for bundles above their asking price, that is simply not the reality in today’s market where accurate pricing is as critical as ever.

A real estate agent knows the market, has the network to get your home seen by as many eyeballs as possible, knows how to negotiate for you and ensures that every "i" is dotted and every "t" crossed. 


I mean think about it really, can you afford not to hire a professional to sell your most expensive asset? 


http://4.bp.blogspot.com/-LmE3HggJ_tI/T6rQjVlZvcI/AAAAAAAAAF0/2BZX9YojNS8/s1600/next-to-last-offer1.jpg


 

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I have listed a new property at 307 379 Tyee RD in VICTORIA.
Reduce your carbon footprint & improve your lifestyle with this stunning 2 bed+den corner suite at Dockside Green! Living here COSTS less. You'll use 50% less water, 50% less energy + the BIOMASS facility produces most of the gas you'll ever need. Visit for FULL list of benefits, ie: 100% fresh air systems to each suite wi. heat recovery tech, digital in-suite water metres & an onsite sewage trtmnt facility. And what finishing...Bamboo floors, granite counters, 2 ensuites, Miele SS apps, custom shelving & soft close drawers...PLUS extra storage, secure bike & kayak lockup, recycling rm & BONUS to this suite: 1 motorcycle pkg spot + 1 car spot too. Wrap around deck, water views...this one has it all!
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I have listed a new property at 4102 2829 Arbutus RD in VICTORIA.
The best ocean views, the highest quality finishings, the most desirable layout & the nicest entertainment sized patio you'll find anywhere are the hallmarks of this one of a kind, 2012 renovated, 2 bed, 2 bath, den + office condominium home in the prestigious gated community of Wedgewood Estates. With 200? Ocean Views from the 540 sf patio & principal rooms this home features a custom designed Bart Griffin kitchen wi. granite counters, Sub Zero & Aga appliances, Kohler bathrooms, solid wood flooring, edge grain Douglas Fir doors, formal & casual dining / living areas, crystal chandelier / light fixtures, Hunter Douglas blinds & so much more. Enjoy the 2011 renovated social room, full swimming pool & hottub. A rare find. *OH Sun 2-4*
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I have sold a property at 4324 Ramsay PL in VICTORIA.
Welcome to this very solid & beautifully maintained family home with an Amazing / Expanding In-Law Suite tucked away on a quiet cul de sac in the desirable area of Mt. Doug. This home features a brand new in-law studio suite (expandable up to 2 bedrooms,) a massive/elevated sundeck & a remarkable family friendly, fully-fenced/landscaped yard that you will simply LOVE. Private, quiet, centrally located to great schools, shops, services, parks & the beach. Maple hardwood floors, granite in the main bath, large kitchen with SS apps, 3 bedrooms on the main, newer roof & windows, dbl carport, 2 bonus patio areas plus good storage. This is a home you will love to grow into & enjoy building further equity in with some easy additional improvements.
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I have sold a property at 105 1039 Linden AVE.
NOW $259,000. Welcome to 105-1039 Linden: A beautifully appointed 2 bed/2 bath corner suite with an amazing & LARGE sun patio perfect for planted pots, tables & chairs, bike storage & a very nice aspect for your up to 2 indoor cats to enjoy! Lots of space & private/screened from the street & drive. A very desirable feature to have. The suite itself measures 1000SF+, is West facing & conveniently located on the Fairfield/Rockland border close to all shops & services, bus routes and hospitals. It also features new carpet & paint throughout + a master bedroom wi. 2 pc ensuite, a jetted tub in the main, large living area + parking & bonus exterior storage. Low strata fees, well managed, solidly built building. Come see!
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What is a depreciation report?


"A Reserve Study (Depreciation Report) calculates the risk of special assessments and discloses unfunded liabilities to the owners and to prospective buyers."

The condominium home owners of BC have published an excellent summary document on depreciation reports. Depreciation reports are a legislated planning requirement for strata corporations in British Columbia. Depreciation reports are used to establish long term planning for common property and common assets to determine:


1) What assets you own (an inventory.)
2) The asset condition (evaluation.)

3) When things need to be replaced (the anticipated maintenance, repair and replacement.)
4) How much money you currently have (contingency reserve report.)
5) What it is likely to cost for future replacement (a description of the factors and assumptions in projecting costs.)
6) How you are going to pay for the costs (three cash flow models projecting 30 year replacement periods.)


"A Depreciation Report is not only about the replacement of building components. It it also about "Major Maintenance" activities to preserve the assets so that we can leverage their full service life. This is one of the biggest misconceptions in the industry at this time."


The regulations have set out requirements for time periods of the reports, qualifications of persons providing reports, schedules for updates, disclosure of reports, conditions of the reports and what information must be contained and financial planning and disclosure.



A Reserve Study (Depreciation Report) should reflectall the primary physical systems of a building.


 

To download this very informative summary document covering all aspects of depreciation reports click this hotlink and save the full depreciation report summary document as a PDF to your computer. Or contact Graham at graham@bavington.ca or visit his website at www.bavington.ca and he will email you the depreciation report PDF as an email attachment.


 

http://www.choa.bc.ca/_members/_pdf/400/400-007_Depreciation_reports_2011.pdf

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Bavington Real Estate Infographic

 

An Infographic is a graphical representation of information...

 

I created this real estate infographic for home sellers to help illustrate who their target market of buyers are as broken down by the 4 key generations of buyers.

 

The infographic is also designed to show how each buyer sets out to find your home when it's for sale...what tools do they use to discover your listing? From a computer to newspaper ads. Beyond that, how they will research your home for sale to evaluate it? Do they like to do that in person, online, through social media...etc.

 

The whole point of the graphic is to say, look...here is your buying public. It's not just one homogenous group of people. They come from all walks of life, and for each of the 4 generations...there are a wide variety of places they can be reached at and communicated with. Basically, this real estate infographic breaks down how to speak their language...from the Generation Y who like texting and social media sites to research your home to traditional buyers who prefer to speak on the phone and in person.

 

If you're selling your home you cannot afford to market and sell ONLY in the ways of the past. It's a wide, wide market out there and it's competitive. If you're not on the web and all over social media like your competition is, you're going to suffer and lose out on attracting the buyers you need to be speaking with to be successful in today's market.

 

My marketing plan is wide reaching...stretching well beyond the confines of Victoria and BC...all the way across the country to capture those buyers moving West. I speak to all age groups and talk in the language they like most to bring those barriers to purchasing down.

 

Check it out...if you like the infographic that I designed myself and put together from exhaustive research, imagine what I'll do for your home when it's time to sell.

is real estate infographic also presents graham's 21 point marketing plan designed to reach your target market of home buyers. It's an interesting way to illustrate how the market is segmented, how each buyer prefers to find, locate and research your listing using their own favourite channels...and it shows also the best way to market to your buyers. All of them.

 

"Market with a purpose, reach all generations of buyers. And sell with an expert!"



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