Recently your home for sale on MLS® didn't sell, now what?

Did you know that almost all expired listings are due to either Realtor inexperience or incorrect pricing?  We have over 20 years of local Real Estate experience and listing fees to help dramatically lower your costs so you can price your home to sell.  


Why do Listings Expire?

1. The number one reason a listing doesn't sell is over pricing. Agents who willfully accept overpriced listings (or worse, “buys a listing” with a ridiculously unattainable pricing strategy) does no one any service, least of all you.

2. Hiring the wrong Realtor. You need a FULL TIME, experienced Realtor to be able to advise, negotiate and respond to changing market conditions.

3. Bad marketing. Did the Realtor you hired post 10 pictures on the MLS? Did they have more on their site? Does your Realtor actively market in the area where your property is located? Did your Realtor post your listing on Craigslist regularly?

4. Bad tenants/lack of access. Do you have a tenant who won't let you or your Realtor see the property?

5. Property is not Market Ready. In this market your property needs to be looking its best to get an offer. If your home is cluttered or messy most buyers (they can be finicky in this market!) will pass you by.

6. Low Commission. Realtors are motivated by financial incentives. If you are not offering a sufficient SELLING commission to buyers agents they may not prioritise your listing. This could lead to possible missed showings making it difficult to determine what is the cause of a poor response from the market.


How we can help!

Good clean homes priced right and given proper MLS® exposure will sell regardless of listing Broker commission.  Our listing fees start at $2,950 for homes up to $600,000 plus buyer’s agent fee and include: FULL MLS® exposure, FULL Realtor cooperation, MLS.ca® and multi picture tours. Switching to this Discount Realty business model in August 2005 (after 14 years with RE/MAX®) has allowed us to sell more homes then 99% of all FVREB Realtors in 2006, 2007, 2008, and 2009!  The results speak for themselves.  We also offer you 20+ years Real Estate experience in the Surrey/Langley areas, so you can be assured we will get the job done and look after your best interests - - at all times. 

Still skeptical? Heard otherwise? Call us today for the honest facts.  Add it up, the right price, commission rate and Realtor can make the difference.  Call or click here today for a free evaluation.

We are proud to announce that this Feb 20th, 2:00 PM to 4:00 PM we will be hosting an Open House at 13239 Old Yale Road in FUSE in the Surrey Central neighborhood, Surrey. This is an opportunity to visit this excellent Townhouse for sale in beautiful Surrey Central.

Please come with any questions you may have. In the meantime you can take a virtual tour of this Surrey Central Townhouse for sale.

As always please do not hesitate to give me a call at 604.595.2896 if I can answer any questions before the open house, or if you would like to book a private showing.

Scott & Marcella Williams
Fair Realty

INCREASE IN LISTINGS ADVANTAGEOUS FOR FRASER VALLEY BUYERS       

(Surrey, BC) – The Fraser Valley Real Estate Board reports an increase in listing activity and steady sales for the first month of 2011.

 

Deanna Horn, president of the Board says, “In addition to an influx of new inventory in January, our REALTORS® had more inquiries and increased traffic at open houses boding well for a solid spring market in the Fraser Valley.”

 

There were 834 sales processed on the Board’s Multiple Listing Service® (MLS®) in January, a decrease of 15 per cent compared to the 981 sales processed in January 2010 and a 7 per cent decrease compared to the 895 sales in December.

 

Although the Board received 11 per cent fewer new listings in January than it did during the same month last year, it saw the typical post-holiday surge in new properties coming on stream. The Board received 2,632 new listings last month, an increase of 138 per cent compared to the 1,104 listings received in December taking the number of active listings to 7,724 at the end of January, 4 per cent more than were available during January 2010.

 

Horn adds, “The market typically picks up at this time of year as also evidenced by the decrease in the average number of days to sell for single family homes and townhomes in January.

 

“In terms of prices, overall they’re holding steady, however we are seeing variability depending on the community and property type.”

 

The benchmark price for Fraser Valley detached homes in January was $505,618, down 0.1 per cent compared to December and 0.9 per cent higher compared to $500,931 in January 2010.    

 

The benchmark price of Fraser Valley townhouses in January was $317,414, a 1.4 per cent decrease compared to December and a 0.1 per cent decrease compared to January 2010 when it was $317,719. Year-over-year, the benchmark price of apartments decreased 2.6 per cent going from $243,470 in January 2010 to $237,171 last month and decreased 1.2 per cent compared to December 2010.

 

The average number of days to sell for detached homes in January was 62.2, down from 67.9 in December. Townhouses on average sold in 57.7 days last month, down almost nine days compared to December, however apartments took on average 14.6 days longer to sell, going from 65.6 in December to 80.2 days in January.

 

Information and photos of all Fraser Valley Real Estate Board listings can be found on the national, public web site www.REALTOR.ca. Further market statistics can be found on the Board’s web page at www.fvreb.bc.ca. The Fraser Valley Real Estate Board is an association of 2,894 real estate professionals who live and work in the communities of North Delta, Surrey, White Rock, Langley, Abbotsford, and Mission.

 

Full package:

 

http://www.fvreb.bc.ca/statistics/Package%20201101.pdf