Displaying blog entries 1-4 of 4
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
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Mako was supposed to show some of Realtor Ranj's (one of the best Abbotsford real estate agents Mako has ever had the pleasure of working with) listings to some of his buyers. However, the buyers canceled freeing up both of their evenings. Just 2 weeks ago Abbotsford had 6-8 inches of snow and yet here they are out in 16 degree weather riding motorcyles to Cultas Lake just 20 min away from Abbotsford. All 4 seasons in 2 weeks. If you ever need a great landscaper (now is the season to moss out and lime) call Bryon at 778 878 1737. Best rates and very reliable guy. Mako has known him since kindergarten.
Mako talks about negotiating a deal on an Abbotsford home he has for sale. He is ranting and raving but it is really quite funny to watch and he has a very valid point. If you want Mako to represent you with your home sale and have him fight for every hard earned dollar of yours be sure to email him callmako@hotmail.com
Abbotsford 13% Absorption Rate (good for Buyers)
Mission 10% Absorption Rate (good for Buyers)
Langley 23% Absorption Rate (good for 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.
Displaying blog entries 1-4 of 4
