JOB POSTING: Real Estate Receptionist

JOB POSTING: Real Estate Receptionist

RE/MAX of Nanaimo is currently looking for a permanent, full time Receptionist. The individual will be responsible for maintaining and managing the front desk, greeting & welcoming guests, as well as conducting various filing, mailing and administrative duties.

Real Estate Receptionist duties

RE/MAX of Nanaimo is currently looking for a permanent, full time Receptionist.

The candidate must be a motivated self-starter able to work with little supervision. Organized, strong attention to detail with efficient follow-up skills. Must also possess a keen sense of customer service, ability to work within a team, multi-task and handle a fast-paced work environment. Real estate experience is an asset but not necessary.

Requirements

  • Minimum 2 year experience in an office administrative role
  • Excellent customer service
  • Passionate and motivated person
  • Ability to problem-solve, excellent attention to detail and highly-organized
  • Professional standards with impeccable phone mannerisms

All enquiries, please reply to [email protected].


About RE/MAX of Nanaimo

Here at RE/MAX of Nanaimo, we have established an atmosphere of excellence, productivity and service. At RE/MAX of Nanaimo we value being proactive and responsive to the needs of our community and as such, RE/MAX of Nanaimo is recognized as one of the finest real estate companies on Vancouver Island.

Company highlights

  • July 2007: RE/MAX of Nanaimo was purchased by the current owners: Charlie Parker, Mike Heinrich, and Graeme Parker.
  • 2007 – 2016: Vancouver Island Real Estate Board Sales Participation.
  • 2012 – 2013: RE/MAX of Nanaimo completed a full renovation to create a modern and updated look. This included an expanded office space to welcome new REALTORS® to RE/MAX of Nanaimo.
  • 2014: A RE/MAX University training center was established in the office complex, offering full education and training opportunities for the REALTORS®.
  • 2016: RE/MAX of Nanaimo won RE/MAX Brokerage of the Year in their region, Western Canada, and Brokerage of the Year for RE/MAX Canada

If you know someone who may be the right fit for this position share this post or have them call Jodi at (250) 751-1223 or email [email protected].

Real Estate Transactions July Market Update

Navigating Your Real Estate Transactions in Todays Market – July Market Update

Another interesting month in the Nanaimo Real Estate Market.  As a REALTOR®, it is always intriguing to review the statistics at the end of the month to see if they match your own business, or your own “busy-ness”. Navigating your real estate transactions in todays market takes strategy and dedication that come from having a good REALTOR® on your side. Find out more in July’s Market Update.

Market Update

Traditionally we begin to see the local market slow down in the latter part of July, which will continue through August and into September when families have returned from holidays, and have kids securely back into the day-today routine of school.  Although in 2014 and 2015, we did not see this type of market “cooling”, it appears 2016 is looking that way.  To keep things in perspective however, the slowdown we have felt in volume of sales for July 2016 still represents an increase of units reported sold on a 12 month average of 17%, of 1628 units over 1392 (single family sales only).  What is also interesting from the statistics provided from the Vancouver Island Real Estate Board (VIREB) the average number of days to sell for a single family listing in Zone 4 (Nanaimo) in July 2015 was 35, but in July 2016 was only 17…as a Home Buyer you are probably well aware of this statistic.

Nanaimo Real Estate Transactions

The total inventory of single family homes also fell again to 327 in July 2016 versus 471 in July of 2015.  This is what causes anxiety for homebuyers, who can’t get to a home quickly enough, or get caught-up in multiple offers.  The same can be said for a Seller, who has to buy after selling their home very quickly.

The VIREB RECAP Summary also states:

  • almost 1/3 of properties (31.6%) in Zone 4 sold in 1 week or less in July of 2016
  • in July of 2015, only 18.5 % of properties sold in 1 week or less
  • prices continue to climb with the average sell price per unit for a SFH climbing to $422,255 from $385,986 or 9% on a 12 month average

This is a tricky market to navigate, and the strategies, and dedication that come from having a good REALTOR® on your side are invaluable.  It can also make/save you money!

Call a RE/MAX of Nanaimo REALTOR® today at (250) 751-1223 and have the best working for you.

*For more information on Nanaimo’s Market Conditions review our local Market Updates.

VIREB Nanaimo Graphstats

Month of Miracles

August the Month of Miracles

RE/MAX of Nanaimo cares about our Corporate Social Responsibility. One of the largest ways we do this is by assisting local and Canadian children that have been hospitalized during August, the Month of Miracles.

RE/MAX Miracle Home Program

The RE/MAX Miracle Home Program allows our real estate professionals the opportunity to make a donation to Children’s Miracle Network on behalf of each home sold. At RE/MAX of Nanaimo, we believe we can make a difference in our community. RE/MAX of Nanaimo is a Miracle Office. Meaning that 100% of the homes sold by RE/MAX of Nanaimo sales associates are helping local hospitalized children. RE/MAX of Nanaimo REALTORS® have voluntarily pledged a portion of their income from the sale of homes they sell to the Children’s Miracle Network helping the Children’s Hospital closest to our community. Fundraising throughout the year for the Children’s Miracle Network (CMN) and celebrating in August with the Month of Miracles.

Month of Miracles

During the Month of Miracles consumers and REALTORS® alike will become familiar with the community contributions that RE/MAX makes through the Miracle Home Program. Every August we celebrate the Month of Miracles and thank our community for helping us raise over $52 million in Canada to help over 2.6 million sick and injured children every year treated at a Children’s Miracle Network member hospital. RE/MAX leads the way in real estate for Children’s Miracle Network fundraising bringing our international total to a landmark of $125 million.

Children’s Miracle Network

Our partnership spans 22 years with Children’s Miracle Network. The connection between RE/MAX of Nanaimo REALTORS® and their clients has helped to care for over 2.6 million children that will walk through the doors of a children’s hospital each year.

RE/MAX of Nanaimo REALTORS® make miracles happen

By choosing a RE/MAX of Nanaimo REALTOR® you are helping make miracles happen in the life of a child.

Watch in our community for signs of the Miracle Home Program in the month of August and celebrate our community and the contributions we’ve made throughout the year for the health of our sick kids.

There are any number of ways you will see our REALTORS® in action for the Children’s Miracle Network Hospitals:

  1. Miracle sign riders – yard signs may have one of these distinctive and meaningful riders.
  2. Official logos in – ads, banners, fliers, press releases and more.
  3. Miracle Band – The CMN Hospitals “Put Your Money Where the Miracles Are” campaign have the popular yellow CMN Hospitals wristbands. Now available for anyone to order at mymiracleband.childrensmiraclenetworkhospitals.org. Order yours today, and be sure to snap a photo of yourself. Post it during August with the hashtags #monthofmiracles and #miracleband to help spread the message that local children’s hospitals rely on your support to provide life-saving care.
  4. Donations at RE/MAX of Nanaimo – you make a difference with your regular donations. Ask us how.
  5. Schedule a visit to your local Children’s Hospital – There’s nothing more motivating and inspiring than seeing your donations at work at your local CMN Hospital. To connect with your local hospital to schedule a visit

We are proud to be a #MiracleOffice meaning that 100% of the homes sold by RE/MAX of Nanaimo sales associates are helping local hospitalized children.

If you would like to make a donation either by selling your home with a RE/MAX of Nanaimo REALTORS® or by making a donation to a Children’s Miracle Network Hospitals contact our office at (250) 751-1223.

*All funds raised by participating RE/MAX REALTORS® are sent directly to the children’s hospital closest to them.

Tips for moving in the summer

5 Tips for Moving in the Summer

In a perfect world, we would all move during the months with the best weather, when the kids are out of school, and it would all happen on the day and at the time of our choosing. The reality is, this isn’t always possible. What can you do to minimize the stress of moving during the busy summer season? Read these tips for moving in the summer!

Tips for moving in the Summer

  1. Schedule your move at a less busy time of the month. The last couple of days and the first couple of days of each month are the busiest if you plan to hire a moving company or rent a moving van. If you can schedule it during the middle weeks of the month, you’ll have more availability to get the movers exactly when you want them, and sometimes the costs are less than an end of month move.
  1. Call your utility providers to schedule service changes a few weeks before moving day. If you need the phone or cable company to come to the new house, scheduling it well ahead of time reduces the risk of being delayed once you actually move.
  1. Have everything packed in the days and weeks leading up to the big day. Don’t wait until the weekend before the move to start packing because you’ll just get overwhelmed. Starting well in advance gives you the opportunity to get rid of things you no longer need or want in the new home. Items you don’t use on a regular basis can be packed early and by the day before the move, you should have everything but the bare necessities ready to go. This is especially important if you’ve hired a moving company to do the heavy lifting – they don’t want to stand around waiting for you to pack boxes, and you’ll end up paying more for their time.
  1. If you are using a moving company, make sure you label your boxes clearly. Identify what’s in the box and which room it is for. If the movers know which room something is going to end up in, they can just put it there for you at the start.
  1. Keep items together that you’re going to immediately need at the new house. Toiletries will be important when you wake up in the new house on the first morning, so having them easily accessible, in one place, makes it easier. Same goes for the toaster or the coffee pot.

At RE/MAX of Nanaimo, we can do more then provide tips for moving in summer – we can help you find the perfect new home for you and your family! Call one of our well qualified agents today at (250) 751-1223 and get started.

Planning Your Staycation in Nanaimo

Planning Your Staycation in Nanaimo

Nanaimo is a wonderful city full of events, activities, festivals and so much more. If you don’t plan on leaving town this summer but want to feel like you’ve had a vacation, why not try some activities or go to some events you might not normally attend. Here are a few events happening in Nanaimo this summer for those of you planning your staycation.

Planning your staycation

  1. Silly Boat Regatta. This event takes place July 17 at Maffeo Sutton Park. Celebrating its 32nd anniversary this year, the event started in 1984 with about 5 teams. This year, there will be nearly 50 teams and it’s expected to draw around 10,000 spectators and participants. Boat building kicks off at 8 a.m. with races starting at 1 p.m. In addition to boat building, there’ll be music, performers and fun family activities. Sponsored by Coast Capital Savings and the Nanaimo Child Development Centre.
  1. Concert in the Park series. July 6, 13, 20 and 27 at the Bowen Park Amphitheatre and August 3, 17, 24 and 31 at Maffeo Sutton Park. Each concert goes from 6 p.m. to 7:30 p.m. and features a different entertainer each week. You’ll find everything from children’s entertainers, to pop/folk music, classic and soft rock and even the Nanaimo Chamber Orchestra. For more details, go to nanaimo.ca or call (250) 756-5200.
  1. The 2ND Annual Nanaimo BBQ Festival takes place August 13 and 14 in the downtown area. Get out and enjoy the incredible BBQ cook off featuring up to about 35 contestants or take part in the rib eating contest. There’s live entertainment, a family fun zone and outdoor vendors providing food and drinks.
  1. Vancouver Island Exhibition (VIEX) is happening August 19 to 21 at the Beban Park Fairgrounds. Grab the kids and enjoy the amusements, 4H petting farm, music and more.
  1. Parksville Sand Sculpting Competition. This event takes place from July 15 to August 21. It’s just a short drive up the road at the Parksville Community Park. You can watch the carving starting at 2 p.m on July 15. Judging takes place on Sunday, July 17 from 3 p.m. to 5 p.m. The winner will be announced at about 5:30. The sandcastles will be open for viewing until August 21 so you can enjoy them any time your schedule allows.

The City of Nanaimo has a full events calendar on their website with many more activities and events scheduled. Go to www.nanaimo.ca and find the ones that suit your family best.


If you are planning a move this summer, give one of our RE/MAX of Nanaimo REALTORS® a call today at (250) 751-1223 and ask how they can help!

What Happens Next to Home Prices

What Happens Next to Home Prices?

Since 1981, prices have posted monthly year-over-year increases of 20% or more 46 times! An acceleration in prices is generally followed by a reversion of growth back to its long-run average within 12 months.  In a number of periods, price growth has turned negative within 24 months, though generally following a significant external shock. So what does this mean and what happens next to home prices?

Home prices

In BCREA’s issue of Market Intelligence, they look to past periods of accelerating prices for answers. This report is an analysis and not a forecast. Read further for the examination of what trajectory home prices have typically followed after previous periods of rapid acceleration.

2016

The year started with home prices posting 30 per cent year-over-year increases, which moderated to 16.5 per cent by May.

Most periods of price acceleration were followed by a gradual moderation of price growth within 12 months. In two of the historical periods, price growth turned negative in the 12 months following a rapid acceleration. However, these periods coincided with an idiosyncratic or external shock, such as the leaky condo crisis of the mid to late 1990s, recessions or a tightening of monetary or macroprudential policy.

Using history as a guide to what comes next for the Vancouver housing market, one would expect that without a major economic shock or significant change in housing policy, that conventional market dynamics of supply and demand will take hold and growth in home prices will likely trend lower over the next 12 months.

Continue reading

2015 Buyer Demographics

The Vancouver Island Real Estate Board (VIREB) put together a buyer profile. Check out what the buyer demographics, North of Victoria, are for 2015.

Buyers Infographic June 2016 VIREB c

Data and infographic provided by VIREB provides us with a snapshot of what the buyer demographics looked like in 2015.

If you would like more information from our local experts please call (250) 751-1223 to speak to one of our knowledgable REALTORS®.

Upcoming Summer Events in Nanaimo 2016

Upcoming Summer Events in Nanaimo 2016

Summer is a busy time anywhere, but especially in our own harbour city. Kids are out of school, the sun is shining (most of the time) and everyone is ready to have some fun. Listed below are some fun, upcoming summer events in Nanaimo for the whole family to enjoy.

Summer events in Nanaimo

  • Multicultural Festival

Hosted by the Downtown Business Improvement Association, this festival happens on Wesley Street in the Old City Quarter in June. A one-day street party complete with food, dance and music, this festival celebrates the diversity of our community. Check here for more information on the Downtown Business Association (DNBIA).

  • Bathtub Days Street Fair

The Bathtub Races are a main event in Nanaimo, with large historical importance for the city. The Marine Festival and Bathtub Races occur in July, and are a local spectacle to behold. The street fair occurs at the same time, closing the traffic on Commercial Street for a parade, music and more fun activities.

  • Nanaimo Dog Show

The Nanaimo Kennel Club hosts its annual dog show at Beban Park on June 18-19. Drop in to watch the various contests and preparation, including grooming and agility courses. For more information about the Nanaimo Kennel Club check here

  • Canada Day Celebrations

July 1st is Canada Day, and everyone will be out celebrating. On July 1st at Maffeo Sutton Park, Nanaimo will be celebrating with music, food, entertainment and other family events.

  • Silly Boat Regatta

The 2016 Silly Boat Regatta will be held on July 17th at Maffeo Sutton Park. This event is a fundraiser for the Nanaimo Child Development Centre. Starting at 8 a.m. participants have four hours to assemble a floating device of extreme silliness. For more information about the importance of the Child Development Centre in Nanaimo click here.

  • Dragon Boat Festival

The 2016 Nanaimo DragonBoat Festival will be held from July 8-10. This major event includes more than 80 teams and attracts around 30,000 people. Go out to cheer on the teams and also help support the Nanaimo and District Hospital Foundation.

  • Vancouver Island Exhibition

Starting in the late summer on August 19th at Beban Park fairgrounds, this exhibition draws crowds of people from all over Vancouver Island to celebrate Nanaimo’s annual agricultural fair with carnival rides, games, music and the anticipated livestock exhibition.

  • Blues Festival

This music festival happens in August in Maffeo Sutton Park, and highlights musical talent from across Canada and the U.S.

  • Farmers’ Market

There are many farmers’ markets across Vancouver Island, but the one closest to Nanaimo is the Bastion Waterfront Market, open May to October on Fridays from 2-6 p.m.  Take off an afternoon to browse for fresh local produce, food and artistic crafts. 

If you live in Nanaimo, choose some events to attend with your community. If you don’t live in Nanaimo come and see what it’s like to live here and get to know our community.

For more information on Nanaimo events, check out http://www.tourismnanaimo.com/event-listing

 

Inventory Shrinks in Nanaimo Market Update

Prices Climb and Inventory Shrinks in Nanaimo

The tale of the tape in the Real Estate Market is that prices climb and inventory shrinks in Nanaimo and area. To put things into perspective, here is a month over month comparison for May.

May 2016 vs. May 2015 Change

  • Units Listed:
    • May 201 = 245
    • May 2016 = 275 a 12% increase
  • Units Sold:
    • May 2015 = 150
    • May 2016 = 210 a 40% increase
  • Avg Sell Price:
    • May 2015 = $399k
    • May 2016 = $451k a 13% increase
  • Active Listings:
    • May 2015 = 463
    • May 2016 = 310 a -33% decrease

Inventory Shrinks in Nanaimo

Although more homes were listed, the active inventory has dropped substantially.  Prices are still going up, but certainly not like we’ve seen in the likes of Victoria or Vancouver.  Nanaimo continues to be a desirable community, offering excellent services and facilities, and is a great place to live, work and play. All this for a fraction of the cost of other West Coast cities.

Cameron Muir, BCREA Chief Economist, states that retail sales growth in the double digits reflects high levels of consumer confidence, which is spilling over into real estate. Tourism on Vancouver Island also posted a huge spike recently, which aids local economic conditions. However, although housing demand is extraordinarily high, its foundation is solidly based on a healthy GDP and rising population growth.

Please contact one of our REALTORS® whether you’re Buying or Selling, to have the RIGHT strategy not just to get your home sold for the most amount of money, but to be sure you can find your perfect new home in an ultra-competitive market.

For the full local Real Estate Market Update from VIREB click here

 

 

USA National Housing Report

USA National Housing Report May 2016

The Canadian market is influenced by the the currency and real estate in the United States. It appears that as a nation, the 2016 home-buying season has just started. That is quite different than our local market which saw an early start to the home-buying season. Find out from the USA National Housing Report for May 2016.

USA National Housing Report

RE/MAX corporate puts out a monthly report summarizing the National market activity. Read the details on what’s happening to our friends in other markets across the Boarder.

April sales saw a 7.5% increase over March and a 3.2% rise over April last year, which nearly matches the average year-over-year sales increase of 4.3% so far in 2016. The Median Sales Price in April was $215,000, which was 5.4% higher than one year ago and 7.5% above the median price in March. The inventory of homes for sale remains very tight in many markets across the country, with the April inventory 15.2% lower than April 2015. At the rate of home sales in April, the national Months Supply of Inventory was 3.2, down from 3.7 in March.

“Even though inventory remained tight, April still saw a demand for homes at a level higher than one year ago. Homebuyers realize that interest rates are historically low and mortgage accessibility appears to be improving along with the overall economy. Price increases make it possible for homeowners to feel comfortable selling, but they aren’t at a level that keeps first-time buyers out of the market,” said Dave Liniger, RE/MAX CEO, Chairman of the Board and Co-Founder.

“The steady annual increase in home values shows sustainable growth and an improving economy. We always look for gains to be similar to inflationary growth while avoiding the hikes that could lead to bubble fears. We’re currently in that range, which should come as a more comforting sign to many homeowners,” added Bob Walters, Quicken Loans, Chief Economist.

Closed Transactions – Year-over-year change
In the 53 metro areas surveyed in April, the average number of home sales was 3.2% higher than one year ago, and was 7.5% higher than the previous month. The sequential monthly increase was in line with the 6.8% average seen over the last seven years. Like February and March, home sales continued to be strong the Northeast. Across the nation in April, 34 of the 53 metro areas surveyed reported home sales higher than one year ago, with 16 experiencing double-digit increases, including Hartford, CT +27.4%, Providence, RI +27.1%, Augusta, ME +23.4%, Manchester, NH +22.3%, Boston, MA +21.1% and Tulsa, OK +16.2%.

Median Sales Price – Median of 53 metro median prices
The Median Sales Price in April was $215,000, up 7.5% from March, and up 5.4% from the Median Sales Price in April 2015. April is the 51st consecutive month without a drop in price from the previous year. In 2015, the monthly average of year-over-year price increases was 7.6%. The 5.4% rise in April may mark a moderation in price increases, which would have a positive impact on home affordability. Among the 53 metro areas surveyed in April, only two had a year-over-year drop in prices, Tulsa, OK -2.7% and Trenton, NJ -0.4%. The remaining 51 metros reported higher prices than last year, with 11 rising by double-digit percentages, including Providence, RI +17.5%, Portland, OR +15.5%, Boise, ID +13.5%, Fargo, ND +12.5%, Nashville, TN +11.7% and Burlington, VT +11.4%.

Days on Market – Average of 53 metro areas
The average Days on Market for all homes sold in April was 64, down 7 days from the average of 71 in both March and April 2015. April becomes the 37th consecutive month with a Days on Market average of 80 or less. In the three markets with the lowest inventory supply – San Francisco, Denver and Seattle – Days on Market was 23, 27 and 32 respectively. The highest Days on Market averages were seen in Augusta, ME 159, Des Moines, IA 110 and Burlington, VT 108. Days on Market is the number of days between when a home is first listed in an MLS and a sales contract is signed.

Month’s Supply of Inventory – Average of 53 metro areas
The number of homes for sale in April was just 0.2% lower than in March, but 15.2% lower than in April 2015. The average loss of inventory on a year-over-year basis in 2015 was 12.2%. While inventory remains much lower than last year, there are signs of stabilization month-to-month. Based on the rate of home sales in April, the Month’s Supply of Inventory was 3.2, which is nearly identical to last month and last year, 3.7 and 3.6 respectively. A 6.0 month’s supply indicates a market balanced equally between buyers and sellers. The number of metros with a month’s supply below 2 has jumped significantly. While January and February saw 5 and 6 metros below 2, March and April both reported 11 metros with a supply less than 2 months. Those with the lowest Month’s Supply are Denver, CO 1.1, Seattle, WA 1.1, San Francisco, CA 1.2, Omaha, NE 1.2, Portland, OR 1.3 and Dallas-Ft. Worth, TX 1.6.

Contact
For specific data in this report or to request an interview, please contact (303) 796-3405 or [email protected].

About the RE/MAX Network: RE/MAX was founded in 1973 with over 100,000 agents provide RE/MAX a global reach of nearly 100 countries. Nobody sells more real estate than RE/MAX, when measured by residential transaction sides.

RE/MAX, LLC, one of the world’s leading franchisors of real estate brokerage services, is a wholly-owned subsidiary of RMCO, LLC, which is controlled and managed by RE/MAX Holdings, Inc. (NYSE:RMAX).

For more information about RE/MAX, to search home listings or find an agent in your community, please visit www.remax.com. For the latest news about RE/MAX, please visit www.remax.com/newsroom.

Description
The RE/MAX National Housing Report is distributed each month on or about the 15th. The first Report was distributed in August 2008. The Report is based on MLS data in approximately 53 metropolitan areas, includes all residential property types, and is not annualized. For maximum representation, many of the largest metro areas in the country are represented, and an attempt is made to include at least one metro from each state. Metro area definitions include the specific counties established by the U.S. Government’s Office of Management and Budget, with some exceptions.

At RE/MAX Corporate as well as RE/MAX of Nanaimo, we have a passion for our communities in which its agents live and work. RE/MAX USA is proud to have raised more than $150 million for Children’s Miracle Network Hospitals® and other charities. 

For more information about our local market call us at (250) 751-1223, come and visit us at 1-5140 Metral Drive or check out listings on our website.