How a Realtor Helps Guard Against Misrepresentation And Claims.

In today’s litigious society it becomes imperative that all matters relating to the sale of the property, i.e. physical conditions, history, zoning, etc., be accurately and comprehensively disclosed. Overlooking even one form or required disclosure may lead to an expensive claim. The knowledge and experience of a CENTURY 21 real estate professional can often help provide assistance with these issues and protect you from liability. Also imagine you go to all the trouble of getting a deal together and you think your home is sold and you are getting a great price then the buyers find another home they like more. Well if you have not properly prepared the contract the buyers can easily get out of the deal leaving you high and dry…all that work for nothing. A Realtor has the experience necessary to draft up a contract that will not be so easily voided. This is also important if you’re the buyer. Imagine you find the perfect home then someone comes and offers the sellers more money or better terms. You could find yourself back looking for another home if the contract was not prepared by an agent with the skill to draft a solid and binding document. Contact me anytime if you have any questions regarding real estate.

Central Okanagan Monthly Real Estate Statistics - June to January 2008

Here is a link to the Okanagan Mainline Real Estate Bord monthly stats for June 2008:
http://www.realtorlink.ca/portal/server.pt/gateway/PTARGS_0_91842_1458652_0_0_18/06%20-%20CO%20Statistics%20June%202008.pdf


Here is a link to the Okanagan Mainline Real Estate Bord monthly stats for May 2008:
http://www.realtorlink.ca/portal/server.pt/gateway/PTARGS_0_91842_1430461_0_0_18/05%20-%20CO%20Statistics%20May%202008.pdf


Here is a link to the Okanagan Mainline Real Estate Bord monthly stats for April 2008:
http://www.realtorlink.ca/portal/server.pt/gateway/PTARGS_0_91842_1428996_0_0_18/04%20-%20CO%20Statistics%20April%202008.pdf


Here is a link to the Okanagan Mainline Real Estate Bord monthly stats for March 2008:
http://www.realtorlink.ca/portal/server.pt/gateway/PTARGS_0_91842_1428995_0_0_18/03%20-%20CO%20Statistics%20March%202008.pdf


Here is a link to the Okanagan Mainline Real Estate Bord monthly stats for Feb. 2008:
http://www.realtorlink.ca/portal/server.pt/gateway/PTARGS_0_91842_1428992_0_0_18/02%20-%20CO%20Statistics%20February%202008.pdf


Here is a link to the Okanagan Mainline Real Estate Bord monthly stats for Jan. 2008:
http://www.realtorlink.ca/portal/server.pt/gateway/PTARGS_0_91842_1428991_0_0_18/01%20-%20CO%20Statistics%20January%202008.pdf

Central Okanagan Monthly Real Estate Statistics - July 2008

Here is a link to the Okanagan Mainline Real Estate Bord monthly stats for July 2008:

http://www.realtorlink.ca/portal/server.pt/gateway/PTARGS_0_91842_1462363_0_0_18/07%20-%20CO%20Statistics%20July%202008.pdf

As you can see things are very interesting at the moment. We are entering a buyer's market. To break down the stat comparison from 2007 to July 2008 in a nutshell the stats read as follows:

Total sales: -38.71% (down from last year)
Average days on market: 74
Listing volume: 84.44% (more homes listed this in 2008 then 2007)
Average house price 2008: $512,811.56
Residential price increase: 6.90% (higher prices then last year)