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Helping people Navigate the Real Estate roller coaster is what I love doing!

A number of years ago I took a group of teens to one of the best roller coaster destinations in the world….Magic Mountain Six Flags amusement park, in Los Angeles California. As I ran from one coaster to the next, I noticed that some people, including myself, after the fourth ride where beginning to slow down and take pause from the crazy rides that we where exerting on our bodies. Yes its true when you get older these rides seem less fun, and watching people exit the rides became more amusing.
To say our Real Estate Market in the BC Lower Mainland, has resembled a roller coaster in the last months would be an accurate analogy. As a Realtor I get the joy of being with clients on this up and down journey, and a role that I have come to enjoy and excel in, is one of helping people to navigate the ever changing coaster called the “Vancouver, Fraser Valley Real Estate Market.”
Here are a few of the new changes and reactions to those changes that I have been helping clients navigate through.

The new BC government 15% tax on foreign ownership in the Greater Vancouver area.
The new Federal government regulations on people who are applying for a mortgage when they are paying less than 20% down.
Understanding the very latest market statistics and how these regulations are impacting the market.
The response and expectations new clients should have, bearing in mind how times, and certain practise’s can change or alter.

So as we move forward the interesting aspect of our real estate market is the challenge to predict what it will do. And if you are considering or know of someone who is considering selling or buying, My hope is that you would give me a call or recommend me to your friends or family. Here are a few things that are helping me be the “Best for my Clients,” in this current market.

I am keeping informed and up to date with the current new regulations.
I am actively involved in current transactions with buyers and sellers.
I am connected to leaders in our industry.
I am seeking further training and personal development.
I am interpreting the most current statistics.

Again thanks to all of you for taking the time to read this update and if you have any questions please feel free to call, email or text me…as always it is a joy to serve you……Have a great month…..Dave

Summer is just around the Corner, and here are 5 things, I have to say about that!

  1. Get outside and enjoy our amazingly beautiful, province. I have always found that being in the outdoors energizes me and inspires me. Add in spending that time with family and you will be making lots of memories and building stronger relationships. They say that camping with your kids can be some of their best childhood memories….I know sleeping in a tent is not for all….do it for the kids.
  2. Pick one or two small home projects and increase the value of your home investment. If you would like to know what projects create more value, call me, or have me by, and I will coach you on what renovations will help your home and the enjoyment of it.
  3. Read a book. I have three categories of books that I like to read through out the year, the first is the Inspiration category, the second is the investment category and the third is the fun category,(which is science fiction). Drop a me a line if you need a good recommendation.
  4. Help a Friend. Giving back to others is a great way to get out of the craziness of our own lives, sometimes life can get so busy that we pass by the opportunities to care and support those around us. Take a minute and think of someone that you can help this week, then do it.
  5. Make the big step. If you are thinking of selling your home, or making that move, or buying that investment, this has been a great year in real estate. If your needing some advise or want to start the process, or know some one who does, give me a call, I would love to help.

Well those are my top five thoughts about this summer, have a great one and feel free to send me some of your top thoughts, on how to spend your summer…..Till next month ….Dave

If you haven’t heard, it’s a great time to Sell

It seems like wherever you go theses days it’s easy to find yourself in a conversation about Real Estate, and if you own a home in this current market you are usually walking away from the conversation with a smile on your face.

Half-way through 2008 homeowners were seen with similar smiles, until the taps turned off, and the market was not so hot for sellers and really good for buyers. I was fortunate to sell in a high and buy in a low that year, and I am thankful that I took the advice of my real estate agent at the time. Well fast forward 8 years, and now he is my “Real Estate Mentor”, and yes he is still giving great advice, after 34 years in the business.

This week I was sitting with Larry and we were discussing how markets can turn on like a tap and turn off like a tap. Well the tap seems to be stuck on “Hot” right now, and CMHC predicts that things are not going to change till 2017. We can’t tell you the future market, but we can look back over the past and see that we have regular cycles of the market going up and then correcting and then going up again. These cycles tend to last about 7 years. So with 2008 being the last big correction, could a change be in the wind? Wish I could answer that one.

Maybe right now might be a great time to make a move, here are two reasons why selling your home now might be a benefit.

  1. Top Prices – Last year at this time the average single detached home sale in the city of Surrey was at $562,000. One year later we have seen a 35% increase to an average price to $865,000.
  1. Less Competition – Last year in April 2015 in Surrey, we had 1251 single detached home listings on the Market and 417 sales that month. This past  April 2016 we have 859 homes on the market and 579 sales. What does that translate too? An amazing sellers market, with less homes on the market and more buyers looking for homes.

If you’re thinking of staying in your home for the next seven years, then ride the wave and catch the next “Hot” market. But if you are thinking of making a change and selling your current home, now is an excellent time to do so. Our Team is helping people retire early,  others are being helped to move out into the valley to buy their dream home, we are helping others to get into that waterfront property they have always dreamed about.

So whats your next move? Give me a call and allow me to come by and share with you what it means to work with Dave, at that time it also allows me to see your home and its selling features, I will also describe our Market Strategies which are creating at times an “Auction Effect”. A few days later I will return with an accurate market evaluation, and coach you on three listing price categories for you to choose from. A big part of my business is Referrals, so if you or some one you know needs my help I would love to here from you. Again thanks so much, I look forward to hearing from you …..Dave

Dave’s Top 5 Observations of the Crazy Hot Real Estate Market.

Well its official if you have not heard, the past Month was the best month ever in the Fraser Valley Real Estate Region. So we can now call it a crazy hot real estate market. So being in the “thick” of it, Here are my top five Observations.

  1. “You mean we have to offer more than they are asking?” In a market with more buyers, then property available, many times the only way to purchase a home is by offering over the list price.
  2. “Sorry my Clients are going to Pass on the offer of $10,000 over list price and no subjects.” Not all offers are multiple offers and in some case’s sellers are passing up great offers thinking that more is on the way. In some cases that may be the case, but I am hearing more stories where buyers are walking away and sellers are missing the best opportunity that came their way.
  3. “Every time I inquire about a house its Sold.” Many times buyers are searching online not realizing that many websites are days behind our Home watch systems. The good news more homes are coming on the market.
  4. “Your joking…you have over 25 offers for us to consider.” Sellers are given the rare opportunity to be able to choose the very best offer, not only in price but in many other terms. Yes there are strategies in which we market to create a hyper “Auction Effect.”
  5. “Where are all these people coming from?” Go east young man, is a common phrase that is becoming a reality in our current Market, people are being priced out of markets to the west and our heading East to get the same style of home for a much lower price. I have helped clients get into homes all across the Fraser valley, almost to Hope BC.

So yes there is a lot of crazy going on, but the one thing that makes a difference is working with an Agent that can coach you through the crazy and help you have success, Call me if you are interested in jumping into the Real Estate Market. I can coach you on our “Strategies of Creating an Auction Effect” which will bring you as a seller a greater price for your home. And for buyers I can coach you through the five ways in which you can become a “Multi Offer Champion!”  I want to thank you all for thinking of me and for not keeping me a secret, and referring me to your friends and family. Have a great month and I look forward to hearing from you….Dave

News from Dave

In this month’s “News from Dave” we want to welcome some great new people to our community, and discover how to Sell or Buy in this Crazy Real Estate Market….

One of great parts of being a Real Estate guide is the opportunities to meet new people from all over the lower mainland, and over the last couple months I have meet some great people (not meaning to sound like Donald Trump) if your reading this for the first time… Welcome, and my hope is that you will find these next few minutes helpful as you look to make a move, or know someone who is planning on moving in the next three months.

Unless you live in another province, you may have heard that the Vancouver and Fraser Valley Real Estate Market is soaring hot! Does that mean all real estate is selling fast? Well no. Detached Houses especially those that are at the entry level in your community are selling briskly, often over the list price, and with multiple offers happening. Over the past year we have seen home prices rise, and because of the current lack of inventory, we will continue to see that trend. The rise of the housing market has already priced some people out of the ability to buy a home in certain communities, so many are looking east into the Valley or buying larger Townhouses.

Speaking of Townhouses and Condos, we are seeing an increase in activity with small gain in values. If you are considering downsizing from a house to a condo or townhouse, now would be a great time to do that. So here are my top three pieces of advice this month: 

  1. Don’t get caught up in the panic. Yes if you own a home its a sellers market, but remember it can be challenging to find that next dream home.
  2. Seek out coaching and get that essential advice. Your situation is unique and it’s vital to discover how to have a “cool head” in this current market.
  3. Book an appointment with me this coming week. If you’re looking  to buy or sell, call me.  Whether it’s getting top dollar for your hard earned home or making sure you succeed in multiple offer situations, my goal is to give my clients a world class real estate experience.

Till next month, enjoy our spring and thanks for not keeping me a secret with your friends or relatives.

Dave

Check out what people are saying about Dave!

This month I want to tell you a bit about what people are saying about me in how I have been helping them on their Real Estate Journey,

I love the sport of motocross and so naturally I have my favourite rider that I cheer for, his name is Ryan Dungey. Over the years I have read interviews and articles written about him, I have watched him ride his motorcycle on Tv, and in person as I have been to various races, but the highlight was meeting him. What people have said about him has been a part of why I have chosen to cheer for him, but what sealed the deal was seeing him ride and having some interaction with him.

When it comes to Real Estate it can be a challenge to choose an agent who will represent, and coach you through buying or selling your home. It’s helpful to hear what others are saying, along with meeting and getting a sense of what it would be like to work with a particular Realtor. In the next month if you or some one you know is thinking of buying or selling their home, I would love to sit down with you, and them and share a bit about how I can help guide you through your Real Estate Journey, but first here is what a few people are saying  as they have worked with me.

“I sure appreciated your help and your style. You weren’t forcing a product on us or hurrying us to a decision – how sweet is that! I know nothing of selling, but your the kind of salesman that I am comfortable with. Keep it up!” – Charles (client of mine)

“Dave I wish we had found you earlier, but we sure are glad that you are helping us in the search of our dream home.” – Laura (client of mine)

“Wow – you either have horseshoes or you are the best realtor in town” – Trevor ( Another Agent commenting on how I negotiated a sale of a townhouse above market value and over list price)

Well I hope that has been helpful… and no I don’t have horseshoes, but I will work very hard in getting you the very highest dollar for your home. Remember spring is around the corner and the housing market hot, give me a call and get me working for you, and thanks for not keeping me a secret! Have a great month…..Dave

The Spring Real Estate Market is coming Early, and this is Why…

First of all Happy New Year! It seems like that spring real estate market is starting earlier each year, and yet when I have been showing homes to buyers this past week, I have not yet seen any signs of plants starting to grow. But the signs of an active real estate market, are all around us, so why is it happening sooner this year than others and how can you respond?

With record sales last year, and home values up, people are hearing and thinking about their largest investment. Many in the condo market and townhouse markets are seeing their values come back form the lows of 2008, all of this activity and increased values, gives people confidence to make a move forward.

Another factor is the low inventory in the detached housing market. This past week many new homes have come on the market, which is great, but we still have very low inventory. This means homes that are priced at the market value are often sold in less than a week, leaving buyers scrambling as many people are looking for that dream house before the rising home values price them out of some markets.

The third large variable is the issues concerning the “World Financial Markets”, Global Issues and the lowering Canadian dollar. It does make for some head scratching.

So how should one respond? My thoughts, get the facts, find out more, become informed and make wise steps forward. If you would like to discover more about your house value or how to move forward in this specific market, feel free to give me a call, I love helping people, and walking with them through their Real Estate Journey is my passion.

Values that Move you….

Over the last couple of months I have been describing to you my values and how they impact my life and business. If you would like to see the past months write ups, you can go to my web site and look at my Blog section.

So for today I want to look at three values that when put together give you a powerful means to accomplishing your real estate goals.

Creative, optimistic, forward motion. These four words describe how I desire to move through the Real Estate Journey with you. Creative helps when marketing your home, it inspires people to see the potential, both creative and optimistic help when road blocks or issues come up when your selling a home or looking to buy one. When it comes to helping buyers find the right home in this market, it makes a huge difference to be creative and optimistic, even if it is the 4th or 5th offer put in on a potential home purchase.

The words “Forward Motion” have everything to do with taking initiative, and keep the process moving forward. Selling a home or looking for a home can really impact your life, as you go through the Real Estate Journey, knowing you have some one with the knowledge, experience, and initiative can make all the difference.

So if you are looking to jump into the Real Estate Journey, give me a call and find out how my Creative, Optimistic, Forward Motion, hard work can work for you. And by the way thanks for not keeping me a secret! If you know someone who is making a move this spring, it would be my pleasure to help them out on their Real Estate Journey. Thanks again and have a great month!

Dave

Merry Christmas From Dave and His Family

I want to wish you all a Merry Christmas, my hope is that as you celebrate Christmas with your family, that you will have many rich and lasting moments and memories. From my family to yours may you have a blessed season of Advent, and of course a “Happy New Year!”

Thanks for not keeping me a secret when it comes to helping people on their Real Estate Journey!

…Dave

The values of My business

Last month I shared with you my first two values, ( Transparent Truthfulness) which flow together, and stand as a integral part of my life and business. This month I want to share three values, (Determined, Diligent, Resolute), which when put together create a tenacity and work ethic that serves you well.

A reality in the Real Estate Market is the fact that so many things can go very right, and at the same time very wrong. Often the difference between those two potential experiences is how one deals with the unforeseen, and the many details of any given transaction. Determination in finding your dream home, in a current market, of multiple offers and low inventory. The diligent work of applying multiple Marketing systems, which get your home marketed in a way that maximizes your home investment. The Resolute of doing the very best to serve you and provide you with a world class real estate experience, when you work with me. All these things don’t happen by chance… they flow out of values that guide me in how I do life and business. One of they ways you can discover more about how I work, and if we are a good fit in helping you on your real estate journey, is by meeting with you and allowing me to share with you my passion to help and serve you. The spring market is sure to come early this year, so please call me as soon as possible to schedule a meeting…. Till next month, thanks for reading…..Dave

Dave’s 12 Values for Business

Transparent, truthfulness.

Determined, diligent, resolute.

Creative, optimistic, forward motion.

Growing, Inspiring, community.