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Displaying blog entries 1-6 of 6

Mako's Market Update April/2014

Wednesday, April 2, 2014
by Mako Britz

Abbotsford     22% Absorption Rate (Fair for Buyers & Sellers)

Mission          18% Absorption Rate (Fair for Buyers & Sellers)

Langley          32% Absorption Rate (Fair for Buyers & Sellers)

Cloverdale     28% Absorption Rate (Fair for Buyers & Sellers)

Absorption Rates Explained

If we have 100 homes on the market and we consume (sell) 18-22 (18%-22%) of these homes per month that is a balanced market, fair for buyers and fair for sellers.

If we sell under 18% it becomes a Buyers market with a lot of inventory for buyers to choose from. Sellers will have to make some price adjustments or do some minor updates such as increase curb appeal to attract a buyer.

If we sell over 22% it becomes a Sellers market. Buyers will find themselves in multiple offer situations and potentially loose out on the house the are bidding on.

If you would like a market update of any other city listed here, simply email me and we are happy to get one out to you at no cost or obligation.

Meet your Abbotsford Real Estate agents dogs..... as he highlights the best areas to live.

Tuesday, March 25, 2014
by Mako Britz

Mako talks about how he will be going into Abbotsford, Mission, and Langley to highlight the key areas to live in. He will be doing so with his 3 companions. Stay tuned and keep your eyes open as they may just hit your neighbourhood. If you have any questions about Abbotsford Real Estate please feel free to email mako at callmako@hotmail.com

The lifestyle of an Abbotsford Real Estate Agent.

Sunday, March 23, 2014
by Mako Britz

Mako sits out front of a home, late on Sunday night, that he is currently negotiating a deal on. He talks about how sometimes a real estate agents life isn't so glamorous but that he wouldn't change things for the world. If you want a pitbull of an agent that will fight for every dollar of your money, email mako callmako@hotmail.com

Private homesellers, Do not miss this video

Tuesday, March 18, 2014
by Mako Britz
Mako talks about a private home seller in Abbotsford BC and a segment of the market that they are missing out on. If you are a private home seller, trying to save real estate commissions, be sure to email Mako at callmako@hotmail.com for information on different real estate listing packages.

Mako' Market Update

Tuesday, March 4, 2014
by Mako Britz

Abbotsford     22% Absorption Rate (Fair for Buyers & Sellers)

Mission          19% Absorption Rate (Fair for Buyers & Sellers)

Langley          22% Absorption Rate (Fair for Buyers & Sellers)

Cloverdale         21% Absorption Rate (Fair for Buyers & Sellers)

Absorption Rates Explained

If we have 100 homes on the market and we consume (sell) 18-22 (18%-22%) of these homes per month that is a balanced market, fair for buyers and fair for sellers.

If we sell under 18% it becomes a Buyers market with a lot of inventory for buyers to choose from. Sellers will have to make some price adjustments or do some minor updates such as increase curb appeal to attract a buyer.

If we sell over 22% it becomes a Sellers market. Buyers will find themselves in multiple offer situations and potentially loose out on the house the are bidding on.

If you would like a market update of any other city listed here, simply email me and we are happy to get one out to you at no cost or obligation.

Abbotsford home negotiations

Wednesday, February 26, 2014
by Mako Britz

Mako talks about saving one of our clients over $30,000 and believes this savings was due to the experience that every agent has at Mako's Real Estate Experts. Mako say,"when buying a home, be sure to pick an agent that has experience".

 

Displaying blog entries 1-6 of 6