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When putting your home on the real estate market, you should make the majority of its potential. You can do some changes to make it more appealing to potential buyers. However, decorating your home can be an overwhelming task since you have endless options to choose from. One of the most important aspects that you should not overlook is the choice of colour in your house. In this article, we will discuss some tips regarding the appropriate use of colour and paint before you put your house on the real estate market:

 

The choice of paint colour matters a lot. The effects of colour are subtle and significant, as well as physical and psychological. Wherever we go, we respond to colour. Thus, we can’t underestimate the importance of colour. In our case, it is putting our home in a real estate market.

 

 

 

 

It helps attract potential buyers if the interior of your house has calm and bright colour. It has to be appealing while being subtle. One’s colour preference depends mainly on personal taste. However, try to use a neutral colour scheme for a safer choice as it is the ultimate way to go when preparing your home for a purchase.

 

 

 

The right use of paint can also perk up a dull and lackluster home interior. With the appropriate paint, you are able to hide the defects of the walls and roof of your house. The imperfections in the general appearance of your property can also be corrected with the right paint. Choosing the right wall colour can make larger spaces more attractive, while it gives the space a sense of warmth.

 

If you want to de-personalize the interior of your home and make it more appealing to buyers, use a white paint throughout your home. In this way, potential buyers can also better visualize their particular choice of colour palette, fabrics and furniture. 

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In real estate industry, there are a lot of different players. However, the real movers and shakers are those people that constantly move between and communicate with these players. One of these movers are the agents. Real estate agents can be defined as salespeople and other licensees who need to work for and under the umbrella of a designated broker.

 

In legal terms, the word ‘agent’ can be referred to the strictly defined relationship between a real estate salesperson and the buyers and sellers with whom he or she is conducting the business. Being an agentyou are there to assist people through the process of buying, selling and renting land, homes or any other property. Real estate agents have a long list of responsibilities. They should also meet licensing requirements and have a comprehensive understanding of real estate laws.

 

 

In this article, we will discuss some considerations to help you fulfill your responsibilities as an agent, while at the same time advancing your career as a real estate agent.


Sphere of Influence
Having a real estate sphere of influence (SOI) business model is one way to build contacts and generate leads. It is a networking strategy that focuses on generating real estate leads through the people you already know. These may include your family, friends, classmates, business associates, etc. Keep track of all the names and contact information in one place like a spreadsheet program. With more people on your list, you’ll have better chances for a referral.

 

 

Developing a Professional Image

It is vital to your success as a real estate agent. Your image can be projected on your appearance, face-to-face meetings, marketing and advertising materials, phone calls, web presence, and written communications. Keep in mind also that any presence you have on the internet including your business and personal life will lasts forever. It can also find its way to your potential clients. Thus, try to work toward your professional image both in and out of your real estate career.

 

 


Utilizing Tools and Technology
On the other hand, yo must also make use of tools and technology. These will help you organize and promote your real estate business. Some of the tools you can use are contact management tools, agent websites, marketing tools, and apps.

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Now that the summer is fading out, the introduction of the fall season might automatically make us think of boots, sweaters and snowball fights. But as we prepare for the snowfall, we must not overlook some important things that we should do to our home. Here are the following:

 

Air leaks throughout house

Air leaks are one of the main causes for energy loss in a home, and that would incur more costs. Thus, it is important to check and eliminate these issues in your home. Have a detailed visual inspection of your home, both on the interior and the exterior. Try to spot for those areas where the old caulking has failed. These would reveal the gap between the window or door frame as well as your home's siding. After discovering the air leaks in your home, it’s time to seal them up.

 

Check your roofing

Check for any damage or issues in your roofs. Do it before the winter comes and brings snow with it. You may call your insurance company for a free visit to come and check its condition.

 

 

 

Filters

Check your filters throughout your house to ensure that they are clean. It is even recommended that the filters in your home should be changed either once a month or once every three months. Try to check the product information of your filters. There, it has the manufacturer's suggested frequency of change.

 

Smoke detectors

With regards to your smoke detectors, check the batteries if it needs to be changed. It is also important to clean out your dryer vent in order to clear any build up of lint as this may cause fire.

 

Fireplace

The fireplace is also a very important part of your house especially during the winter. Safety should be the priority here. Thus, inspect this area thoroughly. For instance, if you have wood-burning fireplaces, it needs to be cleaned due to the potential buildup of soot and creosote. Also check the gas fireplaces for debris. The chimney structure should be secure with no cracks or crumbling mortar joints.

 

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You might think that having a small backyard has limited options in terms of what you can add to them. But in fact, there are several ways to decorate it. You can try some landscaping options in order to transform it into a beautiful spot with that feeling of an open ambiance. Consider the following ideas:

 

Try to install a deck

This is a quick and efficient way to add something to a small backyard. Given the small size of the area, it will also cost you less. You may opt for two levels. For instance, you can one for dining and another one for plants. With this, you are able to separate the yard from another type of space with less room or space being used.

 

 

 


Opt for smaller furniture

Another tip is to buy smaller furniture for your backyard, especially if you are not planning to hold a large party on that area. You may opt for loveseats and chairs, and a circular table since these will not occupy much space. With smaller furniture, you’ll have more space available for movement and other decor that you may want to put on it. Having an awning over the furniture is also a good idea.

 

Hang potted plants and boxed gardens

This option is great if you want to enjoy several flowers and shrubs while saving more space. Here, you are optimizing the roofs, walls, and windows of your home. Try to install wooden shelves or hooks in order to hang flower boxes or potted plants.

 

 

 

 

Keep it simple and clean

Given that you have a small area, try to keep your landscape design simple. Just focus on the essentials of the backyard such as grass, some shrubs and flowers which are being placed properly. For easier management, you may install flower beds and potted plants.

 

Have a fencing that's visual rather than private

Install a fence that's not private. Rather choose one that is visual such as lattice, picket or chain link. The sunlight may just accent the yard. In terms of materials, choose wood or vinyl in order to add to the natural appearance of the small yard.

 

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The recent housing market conditions across Metro Vancouver continue to favour home sellers.

According to the Real Estate Board of Greater Vancouver (REBGV), the residential property sales in Metro Vancouver had reached 3,345 on the Multiple Listing Service or MLS in September of this year. Such figure represents a 14.5% increase compared to last year with recorded sales of 2,922. However, compared to August 2015’s 3,362 sales, there’s a slight decrease of 0.5%.

 

But compared to the 10-year sales average for the month, last month’s sale was a 32.9% increase. For most of the year, the residential home sales are typically at 25 – 30% above the 10-year sales average. As Darcy McLeod, REBGV president said, “the number of homes listed for sale hasn’t been keeping up with the demand.” Such dynamic is placing an upward pressure on home prices, specifically in the detached home market.

 

In Metro Vancouver, new listings for detached, attached and apartment properties summed up to 4,846 in September. In comparison to last year’s figure of 5,259 new listings on the same month, it’s a 7.9% decline. If we look at the real estate board’s MLS, there are 10,805 total properties being listed for sale. It represents a 27% decline compared to September 2014 as well as 0.8% decline compared to August 2015.

 

Meanwhile, this year also exceeded the 14,000-figure or number of homes being listed for sale, which is the first time to occur in the region since 2007. Compared to September 2014, this year has a 13.7% increase in MLS Home Price Index composite benchmark price for all residential properties in Metro Vancouver at $722,300.

 

According to the analysts, the downward pressure on home prices happens when the sales-to-active-listings ratio declines below the 12% mark. On the other hand, home prices often have an upward pressure when it reaches 20% or higher in a certain area for a sustained period of time. There’s a 31% ratio in September of this year.

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Moe Pourtaghi


"Nothing brings me more joy than seeing my buyers & sellers have success in their Real Estate endeavours. I hope you find the articles on my blog inspiring and educating in your ventures." - Moe Pourtaghi

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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.