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Rob Cvitanovic

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Displaying blog entries 61-70 of 79

Profit Share Boom

by Rob Cvitanovic

In just 2 months (June-July, 2009) Keller Williams Ottawa Realty shared $196,592 in Profit with fellow associates, and in 2008 Keller Williams associates received more than $30 million in profit share.

Profit share is a revolutionary compensation innovation to the real estate industry and is a core value of Keller Williams. It provides staff and associates the opportunity to participate in the profits which they help generate without assuming any financial risks.

In 2009, according to the Great Places to Work Institute, Keller Williams was voted the #2 Best Place to Work for Women in Canada; and was voted the #8 Best Place to Work in Canada.

In 2008, Keller Williams Realty had over 74,000 agents with over 693 Market Centres and became the 3rd Largest Real Estate Company in N.America (just behind Coldwell Banker and Century 21). 

This is not your ordinary real estate company! If you or anyone you know is thinking about a career in real estate, tell them to talk to us. Our training and technology is second to none, and we are different by design.

Call Keller Williams Realty today at (250) 704-6970

 

 

Market Update Sept 14, 2009

by Rob Cvitanovic

Here are the latest listing and sale stats for the month of September (From Sept 1 -14, 2009):

304 Unconditional Sales

471 New Listings 

Total Number of Active Listings: 3412

If you're thinking about buying or selling, give me a call at (250) 704-6970.

Rob Cvitanovic (sit`an`oh`vik)... The Experience Will Move You!

Monday Market Update: September 8, 2009

by Rob Cvitanovic

 

Here are the numbers for the 1st week of September:

139 Unconditional Sales

243 New Listings 

Total Number of Active Listings 3418

If you're thinking about buying or selling, give me a call at (250) 704-6970.

Rob Cvitanovic (sit`an`oh`vik)... The Experience Will Move You!

 

Simple Staging Tips- 10 inexpensive ways to freshen up your home

by Rob Cvitanovic

Here are 10 inexpensive ways to freshen up your home and get it ready for sale:

  1. Buy new shower curtains and towels for the bathrooms.
  2. Upgrade indoor and outdoor lighting fixtures.
  3. Install new doorknobs and cabinet handles
  4. Make a centerpiece for your dining room table
  5. Buy a new mailbox
  6. Polish or replace your house numbers
  7. Place fresh flowers or houseplants around the home
  8. Buy colour-coordinated pillows for the sofa and bed
  9. Replace your worn doormat
  10. Set out subtle potpourri or scented candles 
These quick, subtle and inexpensive changes will give your home a warm, welcoming feeling and will increase you chances of getting your home sold.

Check back with us, we will be writing more blogs about quick & simple ideas to get your home prepared for sale.  

 

Month of August 2009

by Rob Cvitanovic

The number of property sales in the Greater Victoria area slowed during August but sales were again significantly higher than a year ago.

 
Prices, meantime, remained stable with some increase for single family homes. A total of 764 homes and other properties sold in August through the Victoria Real Estate Board's Multiple Listing Service® (MLS®), down from the 933 sales in July but up 48 per cent compared to the 517 sales in August of last year.


The number of new listings for the month of August hit a total of 1094. In comparison, the total number of active listings on the market was 3509 for the year to date.


You're up to date on the real estate numbers...remember, if you or anyone you know is thinking of buying or selling real estate, give us a call! We'd love for you to benefit from our 5 star real estate services!

Just call Rob today at (250) 704-6970 

Monday Aug. 24, 2009

by Rob Cvitanovic

The latest numbers for the week of August 17-24 indicate that the market is still very active and strong. Typically, during the last 3 weeks of summer, the real estate market experiences a bit of a slow down. This is primarily due to buyers and sellers trying to take in the last remaining days of their summer vaction before their children start school.

Here are the latest numbers for the month of August:

561 Unconditional Sales

822 New Listings 

Total Number of Active Listings 3554

If you're thinking about buying or selling, give me a call at (250) 704-6970.

Rob Cvitanovic (sit`an`oh`vik)... The Experience Will Move You!

 

 

Home staging...should you or not?

by Rob Cvitanovic & Gary Keller

According to real estate expert Gary Keller, "Most buyers are unable to envision how a property will look when it is in its best condition - even if they could, they rarely see themselves doing it. So someone must do it for them. Smart sellers realize this and work hard to show their home in its best light".

Since price is the number one factor in getting a home sold, the price must match the condition of the property. Price and condition are irrevocably intertwined.

So, a seller should NEVER ask "Should we stage the home?".  The question they should ask is "How do we stage the home?

Keller goes on to state that a review of over 2800 properties in 8 cities found that "staged homes, on average, sold in half the time that non staged homes did, and the sellers with the staged homes ended up with 6.3% more than their asking price, on average". 

When a seller stages their property, one of two things happen: 

  1. the house becomes more valuable than the other comparable properties in that price range, or
  2. the house gets moved into a higher price range category where it becomes the lowest priced.

 

In either case, the home now has a better "face value" than its competition which is what the seller wants.

I hope you enjoyed this latest post! If you want to get some ideas on how to properly stage your home for sale, give us a call today.

Rob Cvitanovic (sit`an`oh`vik)

Keller Williams Realty (250) 595-3200 

 

 

 

Monday Morning Market Update Aug. 17/09

by Rob Cvitanovic

 

Here are the numbers for August 10-17, 2009:

377 UNCONDITIONAL SALES

556 NEW LISTINGS

3548 TOTAL LISTINGS ON THE MARKET

The number of unconditional sales in the 1st ten days of the month surpassed those of last month...up 10%. 

If you're thinking about buying or selling, give me a call.

Rob Cvitanovic (sit`an`oh`vik)... The Experience Will Move You!

(250) 704-6970 

 

The 3 Types of Real Estate Markets

by Rob Cvitanovic

Real Estate, like most other industries, relies on pure economics to determine what the present and future may hold. Pure economic factors such as:

 

  1. The Law of Supply and Demand
  2. Absorption Rates
  3. Interest rates and Unemployment
If you have a clear picture of what these 3 factors currently look like you'll have a strong sense of whether or not your market falls into one of these three categories:

  1. BUYERS' MARKET: More than 7 months of inventory on the market
  2. BALANCED MARKET: From 5 to 7 months of inventory on the market
  3. SELLERS; MARKET: Less than 5 months of inventory on the market.
Market shifts are easy to understand. They occur whenever supply and demand move out of balance. Several factors can cause a market (economic) shift. Currency exchanges rates and political climate are the primary global factors. On a national level it's interest rates and inflation. At a local level it's population, jobs (unemployment rate), household income and housing prices.

What this all boils down to is BUYER DEMAND, which is driven by affordability and perception...how many buyers can afford to buy, and how many think it's a good time to buy.

Just remember, real estate is like most mutual funds...it appreciates in value over the long term and not overnight. 

 

 

 

August 10 Monday Market Update

by Rob Cvitanovic

The weather has finally began to cool off. But the numbers for the first ten days of August remain HOT.

Here are the numbers for August 1-10, 2009:

178 UNCONDITIONAL SALES

312 NEW LISTINGS

3583 TOTAL LISTINGS ON THE MARKET

The number of unconditional sales in the 1st ten days of the month surpassed those of last month...up 10%. 

If you're thinking about buying or selling, give me a call.

Rob Cvitanovic (sit`an`oh`vik)... The Experience Will Move You!

(250) 704-6970 

Displaying blog entries 61-70 of 79

Contact Information

Photo of Island Home Marketing  Real Estate
Island Home Marketing
RE/MAX Alliance
770B Hillside Avenue
Victoria BC V8T 1Z6
250.704.6970
250.386.8875
Fax: 250.386.8180