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Vernon, BC

Home Sellers Costly Mistakes

Calvin & Barbara Carr: Real Estate Agent in Vernon, BC

Do You want to avoid Costly Homeseller Mistakes?

Does it seem like to get less money for your home that you thought you would?

How can you avoid the pitfalls that will cost you money before you go to sell your home?

Find out how to get your Okanagan home sold fast & for top dollar. FREE Reports for home sellers.

Visit http://homesellercostlymistakes.ca

Deadly Mistakes Vernon Home Sellers Should Avoid! Save Money & Sell Fast in Okanagan Valley, BC. Learn How with FREE Reports 1-888-225-2277

Calvin & Barbara Carr Real Estate Team

www.barbaracarr.ca

BC Housing Residential Sales Statistics

Calvin & Barbara Carr: Real Estate Agent in Vernon, BC

When is the Time to Buy?

We have been bombarded by media with all sorts of conflicting statistics on what has been happening to the housing market. We ask the question, "When is the time to buy?"

Here are some statistics for how much of an impact home sales contribute to the economy...

BC recorded 102,892 MLS residential sales for 2007 contributing:

  • $4.3 billion to economic output
  • $2 billion to Provincial gross domestic product
  • 28,800 full time equivalent jobs were needed to service these sales
  • $1.3 billion in BC household income
  • $300 million in federal taxes
  • $680 million in provincial taxes
  • $33 million in municipal taxes

Wow! Let's look at some other statistics for the North Okanagan comparing the first 10 months of 2007 to the first 10 months of 2008.

Residential sales 2007 2008

No. of Sales 2023 1241 61% of sales

Average Price $355,519.53 $379,799.40 up 6.8% in average sale price

How about a smaller section and comparing relatively same homes (very few new housing stats) in the sub area of East Hill in Vernon

Residential sales 2007 2008

No. of Sales 181 126 67% of sales

Average Price $355,455.80 $395,833.33 up 11% in average sale price

Now we know that many factors contribute to statistical data but this may offset some of the negative media coverage. We are seeing a number of homes come off the market as we enter the winter season so the balance of sellers to buyers may start to tip back closer to what we have seen in the market for the past few years. It still is a great time for buyers with inventory available and for sellers who are seriously looking to sell.

Barbara Carr

Ski Resort Decor Interiors * Silver Star Mountain * North Okanagan * Vernon * Chalets Cabins Condos * Living Spaces Design

Deborah Pearce: Home Stager in Kelowna, BC

With construction buzzing year round in BC, Ski Resort Decor is seasonable in the 'off season'! Obviously spring is the time for getting a great head start on chalet, condo & cabin interiors outfitting & arrangement ready to go for the snow season in November.

Elk Antler Floor Lamp
Elk Antler Floor Lamp
available in mainland US only

The rush is really on in the autumn. I've met the 'snowfall' deadlines, but with a lot of scurrying!

Svelt Italian Modern decor is making appearances at the resorts. However, if you own a rental property, you likely well know that skiers are rough on rental and lodge properties. Certainly you would not use glass, or otherwise sleek smooth surfaces in these interiors for ski boots & gear to be landing on and scraped across!

It is always best to consider rustic durable style from the start. Rustic and western decor is best suited in any case to the rugged mountain terrain.

Some Definite Interior Applications to consider, especially for entries & traffic areas where gear and boots get banged around:

  • Panelled walls traditionally used, even just applied on the lower wall, take wear and tear far more gracefully and are repaired more easily than drywall.
  • Tile floors uphold better to ski boots, than linoleum or wooden floors.

RUSTIC HOME DECOR SERIES (1) (2)

CHALET DECOR (2)

WESTERN HOME DECOR INDEX

"There are two ways to live your life. One is as though nothing is a miracle. The other is as though everything is a miracle." -- Albert Einstein

Deborah Pearce owner and webmaster of LIVING SPACES is a Kelowna Business Woman, established with locals and internationals in various aspects of Interiors, Art, and Business for over 20 years. She is pleased to offer consultation and complete services in Interior Decor & Staging Real Estate Property Presentation.

Contact Living Spaces for service enquiries. Also find over 130 ARTICLES on Staging, Art and Interiors.

Deborah's blog frequently features interior design, real estate, community, environmental, internet, art and human interests.

Home Staging Vernon * When Price Lowering Is Your Selling Strategy

Deborah Pearce: Home Stager in Kelowna, BC

A fact of home selling is the belief that if the price gets low enough, the property will sell. Unfortunately this strategy is used by successful established realtors because it's true and does create action.

Pricing is definitely an important part of the strategy. However pricing should be correctly assessed and implemented accurately along with all other selling factors.

Why should you expect the lowering of price as a main strategy? In fact it relates to backwards thinking and faulty selling strategy.

Sure price lowering will get the property sold but what if there is a more profitable way?

Property Presentation - (Home Staging)

  • looks better online, on printed materials, and in real viewing
  • puts the listing at the head of the pack, makes it stand out
  • gets homes short-listed by prospective buyers
  • over 80% of buyers shop and shortlist online first
  • sells faster, with fewer objections
  • sells for more - reduces price lowering
  • relates a 'move-in' readiness to buyers
  • 58% of buyers make a decision after viewing 10 properties
  • 63% of buyers will pay more for move-in readiness

Will your property get short-listed by prospective buyers?

Stage Right ....Stage From The Start ....Sell For All It's Worth!

http://www.living-spaces-design.com/real_estate_staging.html

http://www.living-spaces-design.com/home-selling-tips-checklist.html

http://www.living-spaces-design.com/homesellingchecklist.html

Deborah Pearce is a Kelowna Business Woman, established with locals and internationals in various aspects of Interiors, Art, and Business for over 20 years. Returning to Interiors & Staging Real Estate Property Presentation she is pleased to offer consultation and complete services.

The contact link here or at Living Spaces website may be used for service enquiries. Also find over 100 ARTICLES on Staging, Art and Interiors.

Deborah's blog frequently features interior design, real estate, community, environmental art and human interests. All guest comments below will be answered.

Real Estate Staging * Vacants in Vernon * Living Spaces Design

Deborah Pearce: Home Stager in Kelowna, BC

Vacant homes are known to take the longest to sell. The original asking price can depreciate considerably while they sit on the market, often then taken off the market. The longer on the market, the more the vacant property becomes like a dinosaur.

Vacant property becomes less appealing and don't kid yourself, people remember! Potential buyers are not likely to come back once they have already viewed a property that they cannot see themselves in.

  • Fewer than 10% of people can visualize spatially. They cannot see the end from the beginning. They will breeze through an vacant house so fast, because there is nothing stopping them! They need a reason to stop and say, "Oh, I like this reading corner", or "How nice, the living room is big enough for 2 seating areas!"
  • 63% of Buyers want a home that is ready to move into.
  • An empty house offers little to ‘stop' for and potential buyers breeze right through and out the door.
  • Property presentation by a professional stager statistically sells homes in half the time.
  • Staging property reduces objections, prompting higher offers, selling for 6.9% more on average.

Don't even give the property the chance of sitting empty for a long period. Don't wait to stage when the bulk of your potential buyers have already gone through, because they likely will not be back, reducing your chances of getting a buyer quickly.

Stage right. Stage from the start. Sell in half the time. Sell for more.

http://www.living-spaces-design.com/vacanthomestaging.html

http://www.living-spaces-design.com/vacant-home-staging.html

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Deborah Pearce of Living Spaces Design, Interior Designer Stager & Artist has an established business record with locals and internationals in various aspects of Interiors, Art, and Business for over 20 years in Kelowna. Returning to Interiors & staging, she is pleased to again offer the specialized services in the Okanagan Valley, Penticton to Vernon.

You may use the contact link here above right or at Living Spaces website for services. Also find over 100 ARTICLES on Staging, Art and Interiors