The Harris Team – Weekly Real Estate Update April 5th, 2006

============================================== The Harris Team – Weekly Real Estate Update April 5th, 2006 ============================================== When pricing a home, I can’t think of any reason why a seller would want to set it over what the home is worth. Pretty straight-forward statement. You want to sell your house, price it accordingly, if you don’t, then price it accordingly. In a market where everyone has access to the same information (like the real estate market) it’s quite simple to figure out which places are over priced and which are under priced and which are just right. Beware of being the last sucker standing! Currently, I’m in a situation where I thought the seller had no idea how much the place was worth. After speaking with the agent, I’ve realized that they’re hoping to find someone to over pay. The seller may even know that he’s asking too much. Why would he do that? Because they’re hoping to find someone who doesn’t know the value of the apartment. They’re hoping to find someone who’s frustrated and annoyed, and is willing to do anything to find a place. They’re hoping to find someone who doesn’t have a buyer agent working on their behalf. They’re hoping to find a sucker. I tell all my VIP Buyers the same thing when we find a great place and we’re in competition: somebody might over pay, just don’t let it be you. This is a part of the services a Harris Team Buyer Specialist can offer. Not just when to write an offer, but when not to. Don’t be a sucker! Call us. D'Arcy R. Harris Real Estate Broker Sutton Group - Westcoast Realty Tel: (604) 771 1637 Fax: (604) 488 0885 darcy@darcyharris.com www.VancouverRealEstateInfo.ca P.S: If you’re thinking of selling, now’s the time. Sign up for a free comparative analysis of your homes value. P.P.S: Each month, I publish a series of articles of interest to homeowners – money saving tips, household safety checklists, home improvement advice, real estate insider secrets, and much more that DOESN’T fit in this newsletter: Click Here. ============================================== Why I love B.C: ============================================== This is guaranteed enjoyment: http://www.infotecbusinesssystems.com/wildlife/default.asp ============================================== Insider Secrets Revealed: ============================================== Would you like to have access to all the new listings that match your home buying criteria, including area, price range and style of home, emailed to you directly? Tired of leafing through hundreds of listings to find what you’re looking for? This is a free service and will allow you to view only the homes that you're interested in seeing. Become a Vancouver Real Estate VIP Buyer and beat other buyers to all the hot new listings. Wondering what your home is worth? Probably more than you think! Find out with an Over the Phone Market Evaluation. I’ve put up all the past newsletters on a blog! So if your dog eats your email, you can always check it out by Clicking Here. If you are receiving this newsletter from someone else and would like to sign up to receive it directly, please Click Here. ============================================== Sellers Corner: For Sale By Owner? ============================================== Do you do your own surgery? Dental work? How about taxes? When do you call an expert? Is because you’re going to potentially make a wackload of money a good enough reason for you? I hate to say it, but we’re better at this than you are, no matter how much you read online or how many listings you look at. We look at more, we read more, we see more and we do more. We have thousands of people reading our newsletter, and hundred of pre qualified buyers working exclusively with us. This is all we do, all day long, 7 days a week, 365 days a year. We save our clients money, and we make them money. We do all the work so you don’t have to. We make you money when you sell, and save it when you buy. For example: In the U.S, the typical FSBO home sold for $198,200 compared to $230,000 for agent-assisted home sales. How does that save you money? Check out some more statistics about realtors… Click Here for the VIP Seller Program. Or don’t, it’s up to you. J ============================================== Buyers Corner: No Interest Loans ============================================== Leaky Condos are the bane of my existence, and if you've been looking long enough you'll have run into a few yourself. But do you know that no-interest loans are available through the Homeowner Protection Office (HPO) to pay for "repairs related to premature building envelope failures?" That's right, a crown-corporation was set up to help homeowners pay for the expensive reconstruction costs of leaky condos, without them being overwhelmed by interest charges. Don't think you can handle the payments on a no-interest loan? Well, the good folks at the HPO have a deal for you: "In some instances, the program's minimum monthly payment of $50 represents too much of a burden. In theses cases, the HPO approves deferred payment loans that do not require any payments of interest or principal for as long as the homeowner lives in the home." Click here for more details about this program or call me. Regards, Grady Harris B.A. Cell: 604-781-7900 grady@gradyharris.com ============================================== From the News: ============================================== Real estate complaints on rise “The Real Estate Council of British Columbia expects to receive 400 complaints against its licensees this fiscal year, a 16 per cent increase over last year.” Record number of homes hit million-dollar mark... The BC Real Estate Association’s stats show 7,725 homes throughout the province sold for more than $2.86 billion last month — a 24% increase over the same month last year. The number of units sold went up by just 3.8% over February 2005, when 7,439 units sold. Locals lose out in city that's a victim of its own success To what purpose have the local, long-established residents of this region paid some of the highest taxes in the world to keep the air clean, the water pure, the streets safe, the parks manicured, the schools and hospitals modern and the pristineness of our unparalleled environment preserved? ============================================== Weekly Real Estate Listings ============================================== These are all the current listing out right now; in fact, some of them are so new they’re not even posted on Realtylink ors MLS.ca. Want to get them before they’re even in the newsletter? Sign up for the VIP Buyers Program. If they don’t load, cut and paste the links into your browser. If you want more information about the listings, email me with the MLS number and I’ll send you more info. Vancouver Lofts: http://mlslink.mlxchange.com/Pub/EmailView.asp?r=1551278824&s=BRC&t=BRC Investment and Revenue Properties: http://mlslink.mlxchange.com/Pub/EmailView.asp?r=1671249265&s=BRC&t=BRC Vancouver House Foreclosures:http://mlslink.mlxchange.com/Pub/EmailView.asp?r=843248662&s=BRC&t=BRC Vancouver Apartment Foreclosures: http://mlslink.mlxchange.com/Pub/EmailView.asp?r=1963597435&s=BRC&t=BRC If you see any listings that interest you, simply reply to this email with the MLS number and the time that you’re available to view it and we’ll set up a private tour just for you. Keep it simple. I could also have them emailed to you ASAP rather than weekly, sign up for the VIP Buyers Program to learn more about our personalized services. ============================================== Contact Info: ============================================== I supply this information to you free of charge and without obligation with the hope that when you do decide to buy or sell your home, you’ll call me to help make it a reality. If I do all this for free, imagine what I do when we’re working together! I invite you to forward this newsletter on to friends and family. If you are receiving this newsletter from someone else and would like to sign up to receive it directly, please Click Here. Comments and suggestions are always welcome, thanks for reading! D'Arcy R. Harris Real Estate Broker Sutton Group - Westcoast Realty Tel: 604 771 1637 Fax: 604 488 0885 darcy@darcyharris.com www.VancouverRealEstateInfo.ca To ensure that you receive your Weekly Real Estate Update, please add www.darcyharris.com to your list of trusted senders. Here's how you can do so: AOL: Place www.darcyharris.com within your address book. Hotmail: Place the www.darcyharris.com domain within your safe list. You can locate your safe list by visiting the "Options" link beside the main menu tabs. Yahoo!: If the Weekly Update is filtered into your "bulk" folder, open the email and visit the link next to the "From" field. Other providers: To prevent the Weekly Real Estate Update from being filtered, try adding www.darcyharris.com "From" and "Reply to" address to your address book. If you are unable to do so, you may want to transfer the message to your "In-box" or even forward the message to yourself. 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This means that just because a particular investment worked in the past does not mean, in and of itself, that the same indicators will cause a similar profitable effect. WE MAKE NO REPRESENTATION OF CLIENT PROFITS. Unfortunately we cannot guarantee you profits. There are no guarantees of profits in real estate or in any other investment for that matter. In fact, in many cases customers suffer a loss of all or part of their investment dollar. INVESTORS CAN AND DO LOSE MONEY. Every trade produces a winner and a loser. Money is not created or destroyed, it just changes ownership. If investing will alter your style of living in any manner to the worse, do not invest. The information contained in this report is a statement of opinion and information contained therein is subject to change without notice. The information has been obtained from sources believed to be reliable but is not guaranteed as to its accuracy and completeness. Charts and graphs are the work product of third parties, and should not be relied upon by investors or others in evaluating market conditions. They are provided to you with a specific understanding that the author makes no warranty or guarantee that the information or figures contained therein are accurate or correct. Moreover, past results are not necessarily indictable of future results. Those using the information contained herein for reading purposes are responsible for their own actions. This is not to be constructed as an offer to sell or a solicitation to buy anything whatsoever. No claim is made that any recommendation contained herein will be profitable or that utilizing such recommendation will not result in loss. Investing is speculative and you should carefully review your plan and speak with your financial advisor or licensed advisor before investing. Properties are offered for sale to qualified purchasers without regard to the prospective purchaser's race, color, religion, sex, handicap, familial status, sexual orientation, or national origin. Thanks for reading! ============================================== Quick Over-the-Net Home Evaluation Become a VIP Buyer and Beat Other Buyers to all the New Listings Access Vancouver Real Estate Information ============================================== To be taken off any future mailings simply reply with your request and I’ll take you off.