SELLERS October 18, 2022

Award of Excellence ✨


How amazing is this!

Another award of excellence from Century 21 headquarters for the 3rd quarter 😭
The biggest thanks goes out to my clients for trusting me with their real estate needs 🙏🏻  I of course, couldn’t be doing it without you and I am loving every minute of it!

C: 778-554-9289
E:  lisa.nicole@c21.ca

BUYERSSELLERS October 13, 2022

Why do deals fall through or “crash”?


Curious on what you may not know on when/why a deal falls through? A few reason’s could be:⁣⁣
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❶ 𝐈𝐧𝐬𝐩𝐞𝐜𝐭𝐢𝐨𝐧 – A defect came back that the buyer didn’t see through the initial showing that they felt was too much to take on. This could be water in walls, structural problems or maybe asbestos. ⁣⁣
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❷ 𝐅𝐢𝐧𝐚𝐧𝐜𝐢𝐧𝐠 – They simply could not get the financing for the home. This one is interesting. Most of the time our clients are pre-approved before the offer. That doesn’t mean it’s 100% – there are many variables such as taxes, possibly what they may have to sell their house for, etc to make a deal work.⁣⁣
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❸ 𝐈𝐧𝐬𝐮𝐫𝐚𝐧𝐜𝐞 – If you need financing (a mortgage) then you need insurance. If the house is uninsurable due to the condition, the deal could crash on this one too.⁣⁣
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❹ 𝐂𝐡𝐚𝐧𝐠𝐞 𝐨𝐟 𝐡𝐞𝐚𝐫𝐭 – ouch 💔 This one happens once in a while. No one likes to see it but we understand this can be an emotional roller coaster. It can be easy to make decisions with your heart and not your head. That is why we are here to bring your attention and awareness throughout the process, to make sure it’s in YOUR best interest to make the purchase.⁣⁣
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When a deal does fall through, make sure your realtor asks why! ⁣⁣
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𝗪𝐡𝐲 𝐬𝐡𝐨𝐮𝐥𝐝 𝐲𝐨𝐮 𝐤𝐧𝐨𝐰?⁣⁣
If it fell through on inspection, sometimes you’ll be able to find out what the defect was and make a better decision yourself.⁣⁣
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And that’s all for your Thursday real estate education lesson 📝⁣⁣



𝐂: 778-554-9289⁣⁣
𝐄: lisa.nicole@c21.ca⁣⁣
𝗪: lisanicolerealestate.com⁣⁣
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SELLERS September 1, 2022

6 WAYS TO GET YOUR HOME READY TO SELL!

Not sure how to get your house ready to sell? I got you!

From cleaning and staging to repainting and depersonalizing, here are 6 things you can do to get a house ready to sell.⁣


NEWS August 7, 2022

July Market Update


Residential real estate sales for the month of July in the region slid down to pre-pandemic activity, reports the Association of Interior REALTORS® (the Association).

A total of 1,196 residential unit sales were recorded across the Association region, marking a 33.3% decrease compared to the number of units sold during the hot market of July 2021.

“Seasonally, it is not out of the ordinary to see a dip in sales in the summer, although real estate market activity across most regions in the province was below average last month, not just within the interior. A number of factors, or even a combination of factors such as the interest rate hikes, recommencement of travel and the school break could all be reasons consumers pushed pause on their real estate plans as they focused on enjoying the hot summer days.” – Association of Interior REALTORS® President Lyndi Cruickshank.

New residential listings saw a welcomed upswing of 8.1% within the region compared to the same period last year with 2,488 new listings recorded. The overall active listings also saw a healthy injection with an increase of 56.8% compared to July 2021 totalling 7,698 listings currently on market.

“We are seeing inventory starting to accumulate, slowly moving upward to healthier levels of inventory, which is a welcomed relief for prospective buyers. However, the higher mortgage interest rates are still impacting the real estate market with some home buyers finding it more difficult to qualify for mortgages,” notes Cruickshank.

“We will have to see what the Bank of Canada does come September. Hopefully, we will see fixed mortgage rates come down and bring some relief for buyers, particularly first-time buyers. Any interest rate relief may see an increase in sales activity returning to the market over the fall months,” adds Cruickshank.

“The Kootenay region is one of the most affordable regions in the province currently. While unit sales numbers have dropped below the seasonally adjusted levels, unlike other regions in the province, the numbers indicate continued demand for residential homes in the region,” says Cruickshank.

There were 466 new listings recorded in the Kootenay and Boundary region in July 2022 marking an increase of 0.9% compared to July 2021. The overall active listings in the Kootenay and Boundary region jumped 14.7% with 1,319 listings overall.

Contact me anytime for more info or to talk about real estate!


C: 778-554-9289
E:  lisa.nicole@c21.ca

 

NEWS July 21, 2022

June Market Update!


We saw this coming! Due to the recent mortgage rate interest hikes real estate sales for the month of June in the region have slowed down.  Average prices have plateaued since the start of 2022, and we know that our region provides buyers with more affordable options. Our sales performance in June makes us one of the few markets in the province that have not been heavily impacted by the recent interest rate increase. For monthly market updates, sign up to my newsletter HERE.

LISTINGSSELLERS June 21, 2022

OPEN HOUSE FUN!


HOW TO OPEN HOUSE! Got creative and had fun with this one!

Always putting in the extra effort for my clients! 🙏🏻⁣⁣

This home is now SOLD! If you are looking to list your home and wanting inventive, fresh marketing techniques – then I am your gal for the job!


Taking You From One Stage To The Next

C: 778-554-9289
E:  lisa.nicole@c21.ca

 

 

LISTINGS June 1, 2022

✨ NEW LISTING 📍 #304-880 Wordsworth Avenue, Warfield ⁣

Don’t wait on this one!

#304-880 Wordsworth Avenue, Warfield ⁣

🛏 2 🛁 1 ⁣
🏠 714 sqft ⁣
🔎 MLS# 2464340⁣
💰 $219,000⁣
Get into the market with this great, 2 bedroom, 1 bathroom Warfield apartment only 10 minutes to Red Resort! Warfield is surrounded by hiking and biking trails, golf courses, and lakes and 5 minutes to downtown Trail! This corner unit is South facing which makes for a lovely sunny deck with mountain views. The building has gone through some nice interior upgrades and the strata fees are $231/month! Pets and rentals are allowed. This is the perfect property for the first time home buyer, student, downsizer or investor. ⁣
Contact me today to view! ⁣
📲778-554-9289⁣
💻lisa.nicole@century21.ca ⁣


Click HERE to view listing!

SELLERS April 22, 2022

SOLD SOLD SOLD!

Happy Spring 🌷 How happy are you that the snow has melted in your yard and warmer temperatures are in the forecast!  It’s no surprise we’re starting to see more homes pop on the market this time of the year, but inventory is still incredibly low. In February we had around 13,000 active listings in BC – almost a record low! Whereas a healthy level is around 40,000!

There is a strong demand for real estate.  There are many qualified buyers that are ready, willing and able to purchase.

Let’s get your home on the market so you can see it SOLD just like these!

Lisa Nicole
Taking You From One Stage To The Next
C: 778-554-9289
E:  lisa.nicole@c21.ca

BUYERSSELLERS March 3, 2022

QUESTIONS TO ASK WHEN HIRING A REALTOR

Choosing the person to trust with one of your biggest monetary assets, your home, is a big decision.  Be prepared by asking a few important questions to make sure that the agent is right for you and has the experience and skill set to get you to the closing table!

QUESTIONS TO ASK WHEN HIRING A REALTOR:

How will you market my home?

Make sure that your listing agent doesn’t plan to list your home by simply uploading it to the MLS & pray someone brings a buyer.  That is almost never enough.  Ask about their marketing plan & make sure that it makes sense to you! Don’t be afraid to ask questions.

How will you market my property online?

I hate to say it, but some agents are still sticking a sign in the yard, and calling it a day.  No thanks.  Over 90% of buyers are looking online for homes at some point during their search.  If your agent isn’t utilizing digital marketing along with social media then you are losing out on a very large pool of buyers. 

Will you hire a photographer?

Do some online research.  See that home with the agent in the mirror, taking a picture of the bathroom with the toilet seat up?  It’s getting less views, which means less showings, which means it will be on the market longer, potentially resulting in it selling for a lower price.  That’s a pretty big downward spiral don’t you think?  Make sure your agent hires a professional photographer so that your home stands out & looks it’s best! 

What is your experience in general?

See what their background is and what skill set they are bringing to the table.  While real estate experience is important, having a professional background in other things can be a great way to round out their experience. 

Do you have another full time job?

While I respect the hustle, it’s important that your real estate agent’s focus is on you and your home!  If they are only moonlighting as an agent, their focus is going to be limited and it can potentially effect their performance.  In addition, there may be some times that they are unavailable to provide the service you hired them for since they will be working another job.  Hire a full time, dedicated real estate professional. 

If I list with you, will you be the person I deal with?

Make sure the person you are speaking with will be the person you will work with.  Some agents have additional staff that they pass their listings or buyers on once the contract gets signed.  While having a support team is great, hiring one person but never being able to communicate with that person is another. 

How often do you communicate?

Selling your home is stressful! You should never be left guessing what is happening with the sale of your home.  Make sure that your agent has systems in place to keep you up to date on what they are doing to get your home sold.  Once your home is under contract, there are lots of details that need to be done & deadlines that need met.  Your agent should keep you on track & communicate with you often! 

What is your negotiation style?

Real Estate is a team sport – everyone has to work together to get to finish line.  While your agent should always have your best interests in mind, it’s important they play well with others.  Being bull headed and hard to deal with can often lead to lost deals & lose you lots of money! On the other side of that coin, your agent should be able to stand their ground when it matters. 

How much should my home be listed at?

Are you ready for the most shocking answer of all?  You should not just list with an agent who brings you the highest number & call it a day. Wait, what?!?  While a higher number is tempting, remember that buyers will only pay what the market says your home should be valued at.  And most of the time, buyers won’t pay anything higher than the appraised value of your home.  What your home should be listed at should be based on multiple factors. Your agent should do research and be able to show you why & how they came up with the numbers for your home.  Be wary of an agent who brings high numbers with no data backing it up – you’ll end up with your house on the market for too long, resulting in it actually selling lower than what it would have if it was priced correctly to being with! 

Why should I hire you?

Bottom line is no two agents are the same.  Make sure that you are able to connect & build rapport with the real estate agent you are interviewing.  Ask what makes them different from all the other hundreds or thousands of agents in your town.  If at the end of the interview you have doubts or don’t feel confident that they are the right agent for you, listen to your gut!  It’s okay to “no thanks” and interview someone else!

Buying or selling a home is a huge financial and emotional event and it’s important that your agent is able to confidently help you navigate the transaction.

Need help finding a real estate professional in your area?  I have a huge network of amazing agents all over the country and would love to help you find one that is perfect for your needs! Reach out to me & I can provide you with a list of agents you can interview in your area.

LISTINGS February 24, 2022

The Board Room Cafe is FOR SALE!

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Located in the heart of Grand Forks, BC, is the region’s first board game cafe with loyal local clientele and a Summer tourist attraction. The Board Room Cafe is well known for, well, their board games! Along with their fantastic, freshly made food including vegan options, plus their delicious beverages! Although board games are their niche, the majority of their sales and the reason they are frequented is primarily from their food and drink.

Customers purchase memberships which allow them access to the game library. Memberships are regularly renewed and clients also purchase food and drinks while they stay and play! Business also includes a liquor license.

The Board Room Cafe has experienced staff and systems in place with current owners prepared to assist the transition of the new cafe owners.

The sale includes the building and a full line of equipment and game inventory. The 2000 sqft building sits on a .086 size lot with room for parking in the back. The same space out back could be used to add onto the building as there is ample parking on the side.

A turn-key operation! Providing good income and a substantial client base as well as additional opportunities to grow.

Get on board this building and business and contact your REALTOR® today!

353 Market Avenue, Grand Forks | Listed at $650,000 | MLS® 2462448

 

👇🏻 TAKE THE VIRTUAL TOUR 👇🏻

WWW.THEBOARDROOMCAFE.CA