Real Estate Information

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Abbotsford   16% Absorption Rate (good for Buyers)

Mission          13% 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.

Abbotsford   16% Absorption Rate (good for Buyers)

Mission          16% Absorption Rate (good for Buyers)

Langley          22% Absorption Rate (good for Buyers)

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.

INSPIRATION FOR TODAY:

"If you take too long in deciding what to do with your life, you'll find you've done it."
-George Bernard Shaw

"Before enlightenment - chopping wood, carrying water. After enlightenment - chopping wood, carrying water."
- Buddha

FEELING STRESSED?

Oh - the frustration of it all. The first quote for today deals with the importance of having direction - goals - in your life. You know - we've all heard it for years - our life will be happier, more prosperous, more meaningful if we have a plan, know where we're going, and work systematically at getting there.

If you've tried to do that, you've undoubtedly met with a great deal of frustration along the way. It's like the expression "Life is what happens to you while you're planning other things." No matter how hard you work at your plan, there are those constant interruptions that get in the way, and make it seem so difficult. You are not alone.

As important as the first quote is, think about the second one. A modern paraphrase might go like this: "Before setting and achieving your goals, and having control over your life, your days are filled with trivia, interruptions, hassles, disappointments, family responsibilities, etc. After working your plan and achieving all your dreams and goals - your life is filled with trivia, interruptions, hassles, disappointments, family responsibilities, etc."

Taking control of your life can result in great personal satisfaction, provided you understand it does not bring you to perfection. Intertwined in our desire to achieve peace, success, and enlightenment, there is still plenty of wood to chop and water to carry. The day-to-day responsibilities of life do not disappear. We simply gain the strength to bear them more readily - and with a smile.

So - carry on with your plans and your dreams. They are vital to a great life. Yet remember the words of Jules Renard, who said, "There are moments when everything goes well; don't be frightened, it won't last."

INSPIRATION FOR TODAY:

"Plan for gradual improvement, not spectacular leaps. A slow and steady stream of water will, in time, erode the hardest rock."

~ John Campbell, Ph.D. 

BATTER UP!

It's exciting to attend a baseball game in any league and see the batter swing into a major home run. It really ramps up the fans, and pumps up the score. Hoorah for the home team! What batter wouldn't be excited running around the bases?

In most baseball seasons, however, there are many more base hits, more runs batted in, and more games won on singles and doubles. Oh sure, the crowd is more subdued, the accolades lower key, and the base-hit batters not as widely recognized. Nevertheless, at the end of the season it's the base hits that win the pennant.

Yet, as youngsters, we've all heard our parents and relatives talk about the day "their ship will come in." This is the mythical tale, beloved by grown-ups, that attributes wealth and financial independence to a single event - the sudden and unexpected arrival of a ship laden with gold and silver.

While awaiting the ship, many others are quietly hitting singles and doubles - getting an excellent education, saving and investing modest sums, quietly improving their service to employers and customers. They understand that each step forward, no matter the size of the step, will pay larger and larger dividends in the form of promotions, added income, and independence later on.

Solid growth in all areas of life is most often the result of carefully laid foundations on solid bedrock, rather than sudden, whimsical actions carried out without consistency, careful forethought, or vision. Before any ship can come in, it must first leave the harbor. It must have a destination, enough fuel, an excellent navigator, food and water, a map and compass, and a captain passionate about reaching the destination.

If you want to leave the harbor, repeat to yourself the words of William Earnest Henley from "Invictus" - "I am the master of my fate; I am the captain of my soul." Land ahoy!

Abbotsford   15% Absorption Rate (good for Buyers)

Mission          13% Absorption Rate (good for Buyers)

Langley         20% 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.

INSPIRATION FOR TODAY:

"Try not to become a man of success but rather try to become a man of value."

~ Albert Einstein

 A WEALTH OF CHARACTER!

 A couple of years back, there was a terrific "rags to riches" story that ran on the newscasts, and it still remains in memory. A gentleman won a $220 million jackpot in Idaho, although that fact is not what is so extraordinary. It’s what he planned to do with his winnings – invest for the future.

 Most folks would allow themselves to go a little crazy if they became instant millionaires. After all, you could spend - say, oh two million bucks - and still have plenty left over for the future, right?

 Well, this fellow’s plans were to “build a billion-dollar empire to take care of my family and to give opportunities to the people who have given me opportunities.” Taking his one-time lump payment of $125 million ($85 million after taxes), he wanted to amass a one billion dollar portfolio within fifteen years. Immediately, a team of attorneys, public relations gurus and financial advisers began working to help him achieve his goals of investing in business and donating to charitable organizations.

 Not wishing to bask in the limelight or expose his family to the compulsory media frenzy, he tried to remain anonymous, but discovered that was in violation of the lottery’s regulations. Telling two family members when he won, he broke the news to the rest of the family during a special meeting where they expected to hear of a terminal illness, wedding engagement, or marketing scheme.

 The sports enthusiast’s “big splurge” was a professional racing bicycle – no yachts, luxury cars, or vacation homes. He simply wanted to continue enjoying the things he always had, and to remain the person he always has been.

 It’s clear that regardless of winning the lottery, he is the type of person who would still have done everything in his power to improve his life, the lives of those around him, and the lives of those in need. He shows that character is not measured by one’s success, but by one’s value. One wonders how he's faring today, and how we increase the net worth of our own “character portfolios.”

NO FEAR!

A well-known motivational speaker once said, "No one knows enough to be a pessimist."  He also quoted statistics showing that a very high percentage of the things we worry about are either A) things that never happen, or B)
things over which we have no control anyway.  His point?  Not only do we not have enough information to justify our worries, we also are virtually unable to alter the outcome of most situations.

Our worst fears are generally of the unknown (not enough information).  Our imagination runs wild, conjuring up worst-case scenarios.  We become fearful, anxious, and even overwhelmed - yet the source of our fear is
non-existent (except in our minds). Consider these oft-quoted phrases:

"Think you can - think you can't - either way you're right."
"As a man thinketh, so is he."
"Argue for your limitations, and sure enough they're yours."

In other words, by your thoughts alone, you control the outcome.  Although there exist many risks to our peace-of-mind during uncertain times, we still have the ability to pursue our very best hopes and dreams.  We may find that
their achievement requires more effort than usual.  Doubt may creep in. Nevertheless, as you have heard many times, "It's all in your head."

I recently read that we work Jan. 1 through June 30th of each year, just to pay our

taxes. After that, you keep all you make. Prior to that, 100% goes to the government in some form or fashion to pay for some kind of government worker, work program, social program, defense, project, health care, common good, common bad, etc. Whatever you want to call it, April 30th is TAX day; the deadline for filing your income taxes in Canada.

So in celebration of this special day, let’s talk TAX relief. If you received last month’s letter from me, you will recall our goal of trying to raise $25,000.00 for B.C. Children’s Hospital. But – we need your help and I believe you can benefit from the TAX relief as well.

Just down the highway from where I am typing this, B.C. Children’s Hospital has a full house of kids fighting for their lives. For them and their parents taxes are not “top of mind”, health is. Living is. Surviving is. As you may have heard, B.C. Children’s Hospital is front and center in the fight against nasty diseases that destroy or cut short the lives of children. We are thankful to have such a wonderful facility close by, doing such great work to help heal and save young people. So even though we are trying to figure out how much we owe the tax man, many are simply hoping they can be here to actually pay taxes. This is why we here at Mako’s Real Estate Experts have resolved to do what we can to help.

For every house we sell this year, we are donating $250 of our income to B.C. Children’s Hospital. Our goal, again, is to raise $25,000 to help them in their quest to Heal, Save, Cure and Comfort Children under their care.

This is where we need your help and how you can benefit at the same time…

Charitable contributions are tax deductible to a point. Rather than give your money to the government, you should consider making a donation to a charity. If you like this idea, we will match your donation up to $250 if you decide Children’s Health Care is a good place to donate. Check with your accountant to verify the deduction allowed on your taxes before pursuing this avenue.

Either way, your referrals are in good hands and help us contribute to a good cause.

Life moves fast for some and we are eager to make the Home Selling and Buying experience a smooth rewarding one. Over the last years of helping hundreds of families sell their home and/or buy another, we have met some wonderful, loving, caring people. People like you! So your referrals, those you know considering a move, that we help – you can be rest assured that not only will they get the award winning service we are known for, but that a solid portion of the income we receive from the transaction will go toward a very worthy cause.

It’s easy to refer your friends, neighbors, associates or family members considering making a move. Simply go to www.MakoBritz.com/ReferralRewards.

Of course you can always call me direct as well at 778-878-6256.

You and your referrals mean more than ever to my team and I. As this year continues to unfold, please know we are extremely thankful for you and your being a special part of our business. Rest assured your referrals will be well taken care of;

Home Sellers Receive this guarantee:

I Will Sell Your Home at Your Price or I’ll Buy It!*

Home Buyers Receive this guarantee:

If Within 18 Months of Buying Your Home You Are Not Completely Satisfied With It, I Will Buy It Back or Sell It For Free, Your Choice*

Again, it’s easy to refer your friends, neighbors, associates or family

members considering making a move. Just email me at mako@makobritz.com  or call me direct at 778-878-6256.

With all my appreciation.

Mako, Chari, Laura, Leslie

A special thanks to Sami Monir for sending Tom Lewis to us. It was our greatest pleasure to serve Mr Lewis and we donated $250 to B.C. Children’s hospital for this. Thanks Sami

 A special thanks to Brian Rice and Sharolyn Wiebe for sending Bryan Block our way. It was our greatest pleasure to serve Mr Block and we donated $250 to B.C. Children’s hospital for this. Thanks Brian & Shar.

A special thanks to Laura Niessen for sending her parents Julie & Kurt our way. It was our greatest pleasure to serve Kurt & Julie and we donated $250 to B.C. Children’s hospital for this. Thanks Laura

P.S. Remember we love honoring our past clients like you. Read all about that at

www.MakoBritz.com/ReferralRewards. $250 of every real estate transaction being happily

donated to B.C. Children’s Hospital.

*Seller and Mako to agree on price and closing date at time of listing.