Author Archives: REMAXofNanaimo

About REMAXofNanaimo

From RE/MAX of Nanaimo’s humble beginnings, to the market-dominating business it is today, the company continues to grow and adapt to suit client and agent needs. Some things, however, never change. Our commitment to service, ethics, and continual education means that our clients can benefit from the knowledge and experience of Nanaimo’s top real estate professionals, while our REALTORS® benefit from a working environment that supports their professional and personal growth.

's Day, Nanaimo

Father’s Day in Nanaimo

Let’s admit it up front – we’ve all given Dad an ugly tie for Father’s Day and expected him to actually wear it. If you want this year to stand out in Dad’s mind, here are a few ideas to get you started and ways to celebrate Father’s Day in Nanaimo.

Father’s Day in Nanaimo

Sporting event.

If Dad has a favorite baseball team, or soccer, or hockey team, get him tickets to go see them. If it means going out of town for a weekend, that’s even better and your Dad is sure to love getting out to see a game.

Ride for Dad.

The annual Motor Cycle Ride for Dad takes place on June 17, 2017. Starting in Nanaimo at 7:30 a.m, the day includes a scenic ride to Cumberland, lunch, prizes, poker and more. This ride is to raise awareness of prostate cancer, so it’s not just a fun event to take part it, but it also raises money to support this terrific cause. Go to www.Ridefordad.ca for more information about how you can join in.

Taste of Nanaimo.

This tour around Nanaimo is designed to showcase some amazing local food, estate winery and craft beverages. Dad can spend the afternoon sampling and discover which local treasures he loves the most. More information can be found at www.nanaimo.ca.

Monster Trucks.

Saratoga Racing in Black Creek, north of Courtenay is open every Saturday and Sunday from 12 – 4 p.m. Race around the track in a go-kart, or take a ride in a monster truck. All equipment is supplied, so you just need to bring Dad. Spend the day hanging out at the track and then treat Dad to dinner on the way home. www.saratogaracing.ca can give you more information and pricing.

Landscaping.

Generally it’s Dad who mows the lawn and does the heavy lifting in the yard. To give him a break this Father’s Day, think about hiring a gardening company to come out and take care of business. You can have a one-time service, or spring for a few services to free up Dad to spend more time with the family.

Whatever you decide would be the best gift for Dad this year, he’ll appreciate the thought and consideration you put into choosing the perfect item.


If you or someone you know is looking for a new home, or wants to sell the one they’re in, call RE/MAX of Nanaimo today at (250) 751-1223 and one of our agents will be happy to help.

Your House Is Dated

6 Features That May Say Your House Is Dated!

Are you considering selling your home and are worried your house is dated? Below are some of the features that date your home, along with some tips for how to improve them.

Your house is dated if …

  1. You have popcorn or textured ceilings.

Not many things age a house more than popcorn ceilings. It’s a huge job to remove them on your own so talk to a painting contractor to see how they can help you. If you can’t afford to have them removed by a professional, a fresh coat of white paint will remove the yellowish look they often get with age.

  1. Your countertops are tiled.

If your counter tops are made up of tiles with a lot of grout lines, you know how hard it is to keep them clean. This can turn off a buyer very quickly. Installing new countertops doesn’t have to break the bank and gives the room a sleek new look. Places like Home Depot or Lowe’s sell pre-made countertops for bathrooms relatively inexpensively and they also have a great selection of kitchen counters which can often be professionally installed by them.

     TIP: To take it to the next level consider a solid surface stone countertop. 

  1. Any of you rooms have wallpaper borders.

Get rid of wallpapered boarders if you want to take 20 years off the appearance of your home and modernize the look.

     TIP: Wallpaper can add texture and a modern element to a room or feature wall. 

  1. You have brass fixtures.

While these may have been popular in the 1980’s or 90’s, todays buyers want a more neutral appearance. Brushed nickel, stainless or even black fixtures can be installed to give the area a fresh look and it doesn’t have to be expensive. Brass is making a come back though! Take a look at some of the modern brass finishes. Not quite those brass faucets we’ve seen in the past.

     TIP: Incorporate a eclectic vintage chair or brass accent into your modern decor. 

  1. Your home has wall to wall carpets.

A lot of buyers today tend to want hardwood floors. If you’re carpets are not in great shape, are badly stained or have an awful pattern on them you might want to think about getting new flooring installed. At the very least, remove any carpets in the bathrooms because that’s a sure-fire turn off for any potential buyer.

  1. Your appliances are old, worn out or strange colours.

A lot of us probably remember the old “harvest gold” or “avocado green” appliances. These age your home quickly so if you can afford to upgrade to new appliances, do it before you list the home.


This is not a complete list of things dating your home, but it’s a great starting point. Call RE/MAX of Nanaimo if you’re thinking about selling your home (even if you thing your house is dated) and one of our well qualified agents will be happy to do a home evaluation to see what your home is worth. Call (250) 751-1223 today.

4 Ways To Show Your Mom You Appreciate Her, Mothers Day, RE/MAX of Nanaimo

4 Ways To Show Your Mom You Appreciate Her

May is a time for celebrating the start of the warmer, sunnier season on Vancouver Island. It’s also a time to celebrate Mom’s and show your Mom you appreciate her. This includes Step-mom’s, honorary Mom’s and any woman who plays a “Mom” role to someone else’s kids.

So what can you do to show them your love and appreciation on Mother’s Day? Here are a few ideas that are sure to make the “mom” in your life smile.

Show your mom you appreciate her.

  1. Plant their favorite tree, shrub or plant in the garden. Every time she looks at it, she’ll think of you and remember what you mean to each other. If there are young kids at home, have them decorate or paint some colorful plant pots that Mom can use in the garden or around the house. They’ll be a unique, one-of-a-kind gift that she can use over and over again.
  2. Hire a landscaper or house cleaner to come to her house for “spring cleanup”. The gardening service can tidy up the planters, pull weeds, cut the grass, prune the trees and any other jobs that typically take place this time of year. A house cleaner can do the jobs you know Mom likes the least – cleaning the blinds and windows, organizing the garage, cleaning out the closets.
  3. Plan a family barbecue at Mom’s house. Get the whole family on board to hang out at Mom’s for the day, grilling burgers or steaks (or whatever Mom’s favorite bbq food is), relaxing and catching up on life. If everyone pitches in a bit, Mom won’t have to lift a finger and can spend the day enjoying her family.
  4. Buy Mom a spa day if she likes that kind of thing. Or get her a gift card to her favorite craft store. Whatever her favorite hobby is, get her something related to that and she’ll know you put time, thought and effort into your Mother’s Day gift.

Mother’s really do make the world a happier place so show them you love and appreciate them, in your own special way.


If you or Mom have grown out of your homes and are looking for something new, call RE/MAX of Nanaimo today at (250) 751-1223 and speak with one of our professional agents that are are also Mom’s or specialize in working with Mom’s.

It’s probably not news to anyone, but the average single family home price in Nanaimo and area continues to rise.  To put it in perspective, April of 2015 showed a median single family home price at $370,000 and April of 2017 is showing a median single family home price at $480,000.00. Read more in the Nanaimo real estate market update.

Nanaimo Real Estate Market Update

Buyers

The good news for Buyers is that the inventory levels in the Single Family Home category have started to creep up.  A few months ago, the inventory was dangerously low at under 200 single family home listings in the Zone 4 (Nanaimo) area, but April of 2017 stats suggest 277 active single family home listings.  The number of single family homes listed on a 12 month average is also up about 3%.  This means that there are a few more homes to look at.  The other good news is that mortgage rates continue to stand at historic lows, making the money you need to borrow for a home purchase still very affordable.

Seller

The good news for sellers…see paragraph one!  But wait there’s more good news for sellers; sell to list price ratio (the amount you list for vs the amount you get) is at 100%.  Now this doesn’t mean that EVERY seller gets 100% of their asking price, but it does reflect that when comparing those who get less, to those who get more, it averages out at 100%.  The other good news (depending on your perspective) is the days to sell.

  • Back in April 2012, it was taking an average of 54 days to sell one of the 614 active listings.
  • Fast forward to April of 2017, and it is taking an average of 17days.

What a difference 5 years makes!

Even reading the above, it’s important to realize that these statistics are generated from the MLS systems provided by the Vancouver Island Real Estate BoardProfessional REALTORS® providing their expertise and results for their clients.  Pricing your home wrong can cost you money, whether it’s too high and the home isn’t selling, or too low and you don’t get everything you should.  Likewise, as a buyer, if you’re missing opportunities because you’re working on your own without the help of a REALTOR® connected to the market, every month the house you want is going to cost you a little more!


Call RE/MAX of Nanaimo at (250) 751-1223 and discuss your needs with one of our professional REALTORS®.

Apr 2017, Market Update, RE/MAX of Nanaimo

The Housing Market In Canada And The US Dollar

The Housing Market In Canada And The US Dollar

The housing market in Canada is as diverse and wide-ranging as the people themselves. While we all hear about the extreme highs of the Toronto and Vancouver markets, there are still many areas of the county with affordable housing. Nanaimo is one of them.

Housing Market In Canada. Why Nanaimo?

Nanaimo is a city of around 83,000 (2011 Census) and while it may still be considered a small city, it offers all of the amenities, activities and opportunities as some of its’ larger cousins.

With top notch education, it’s a wonderful place to raise a family. It also has a universal health care system, so you’re well taken care of. The cost of living here is less than in larger metropolitan areas, so the need to work more and earn more is not as prevalent. Nanaimo residents can enjoy a more active, stress free life.

Nanaimo is centrally located on Vancouver Island, making it easy to access many outdoor activities – ski at Mount Washington, surf in Tofino and Long Beach, whale watch up north, or take a drive to Victoria and check out the many museums there. Nothing is out of reach, there’s something for everyone!

Mortgage financing.

Both TD Bank and the Royal Bank announced rate hikes, as of November 2016, to their 3, 4 and 5 year mortgage interest rates. The increases range from 25 to 40 points which, by example, means that a $300,000 mortgage on a 25 year amortization, will now cost roughly $45 per month more, or approximately $13,000 over a 5 year term.

Other lenders will no doubt follow the lead of these two major financial institutions in the near future, so buying a home now will protect you from further interest hikes in the short term and prepare you for the possibility of higher rates in the future.

The US dollar.

After the presidential election south of the border, the Canadian dollar dipped below 75¢ but has since shown signs of a slight recovery. With the buying power of the US dollar, and interest rates still quite low, now is the perfect opportunity for Americans to think about buying in Canada.


If you’re looking to purchase a home in the Nanaimo area, call RE/MAX of Nanaimo today at (250) 751-1223. We have agents on hand, ready to help.

Nanaimo’s Real Estate Market Update summarized what’s happening the the real estate market in your area. Find out what your home may be worth in today’s market.

VIREB Real Estate Market Update

Low inventory continues to frustrate consumers and REALTORS® in our local area as well as other areas on Vancouver Island. Even with 145 single-family properties coming onto the market in March, the increase was not significant enough to have a noticeable impact on inventory.

“Properly priced single-family homes between $500,000 and $600,000 rarely last longer than a day or two and generate multiple offers, with many selling above list price.” – Janice Stromar, 2017 VIREB President.

Stromar urges people to sell now saying, “Real estate is cyclical, and consumers need to take advantage of these market conditions because they won’t last forever. When the market does correct itself – and it always does – it usually happens without warning.” – Janice Stromar, 2017 VIREB President.

The Nanaimo area has been a sellers’ market for several months now. Although some homeowners continue to be reluctant to put their home on the market fearing they will not find another house to buy. Connecting with a local REALTOR® is especially crucial in a competitive housing market.

“This kind of market can be confusing and chaotic for buyers and sellers, but REALTORS® have specialized knowledge of their communities that can help clarify the situation,” says Stromar. “We’re also equipped with sales tools, such as custom analytics, to help buyers formulate winning offers and ensure sellers receive maximum dollars for their home.”

March 2017 real estate market snapshot.

See what’s happened in the real estate market in March 2017. Where does your home fit in? More information here: contact us for a free home evaluation.

  • Number of units SOLD
  • Number of days to sell
  • Average selling price
  • Homes sold by area

March 2017 MONTHLY STATISTIC

Are homes selling in your area? Call RE/MAX of Nanaimo today at 250-751-1223 to find out more!

*This representation is based in whole of part on the data generates by VIREB which assumes no reliability in its accuracy. 

Personal Notes

Does Anyone Still Use Personal Notes?

Does anyone still use personal notes? Absolutely! Who doesn’t love receiving a personal note once in a while? Doesn’t matter if it’s a thank you note, a quick “hi” from a friend or a reminder about your dental appointment. But it can also be a great way to stand apart from the crowd in business. If you want to grow your business or establish and grow relationships, who should you write personal notes to?

Who should you write personal notes to?

Clients.

Both current and past clients love to receive personal notes. You can check-in with an update, thank them for their business or let previous clients know you’re still active and happy to help them if they’re in the market for your services.

Services providers.

Thank them for the services they provide or let them know if you have a concern. Whether you’re a new customer or a long term one, they’ll be happy to hear from you.

Business you do business with or for.

Develop the relationships you have with business owners you refer people to or who you work with. It’s easy to build relationships with people you sincerely like and whose business you believe in. Sending them a personal note will leave a long-lasting positive impression.

Friends and family.

They have ideas about your life and they can also be a source of referrals or leads. Staying in touch with a quick note will not only maintain your bond, but may generate business for you down the road.

Writing personal notes doesn’t have to be time consuming but when should it actually be done? Here’s a couple of ideas for the ideal time to send personal notes.

When is a good time to send a personal note

To say thank you

If someone does something to help you or to make your life simpler or better, then send a personal thank you note.

If you receive a referral.

If you receive a referral, let the person who referred them to you know. They’ll appreciate knowing someone they referred actually made contact with you.

To follow up.

We all know you should send a thank you note to the interviewer after a job interview, but follow up notes can also be used after phone calls or meetings to clarify a point, confirm a detail or simply say thank you for your time.

When a deal or project is complete.

Once the deal is done, you can set the stage for repeat business by thanking the client or customer for their business and their trust in you.

To re-establish a previous connection.

Whether it’s a friend you lost touch with, or times are tough and you’re trying to gain new business, a personal note can help to re-establish relationships with people from the past.

Regardless of if they’re sent for personal or business reasons, a hand-written note will be remembered and appreciated long after an email or text has been deleted.


Call RE/MAX of Nanaimo today at (250) 751-1223 and speak with one of our expert agents. They’re here, ready to help you find your next new home or to sell your current one.

5 Things That Can Turn Off Buyers, RE/MAX of Nanaimo, Nanaimo Real Estate

4 Things That Can Turn Off Buyers

You’ve made the decision to sell your home and now you’re waiting for the perfect buyer to come through the door. But what are four things that can turn off buyers? Although the list could be much longer, here are four things that can turn people off.

Things that can turn off buyers

  1. Live animals.

You love your animals – they’re family after all. But not everyone feels the same. If you have pets that usually roam the house, either remove them during times when the property is being shown, or at the very least, ensure they are in a crate, cage or pet carrier of some sort. Your pets don’t know the people entering your home, so it’s important they are secured, especially dogs and cats. Be sure to also air out the home so that pet odors are not obvious.

  1. Mystery rooms.

Rooms that are kept locked or are inaccessible to potential buyers may cause some worry or concern as to what is going on in there. If you need to secure personal belongings, either put them in the crawl space or a locked garden shed, or even an off-site storage facility temporarily. Buyers want to see the whole house and it may deter some people if they are unable to view every room.

  1. Sports memorabilia.

You’re an avid fan, and there’s nothing you love more than your local team. But since you’ll be moving anyway, put the memorabilia in boxes so that buyers can view the room, rather than your collection of autographed baseballs or signed hockey sticks.

  1. Bad smells.

If there are any kind of lingering odors, whether it’s pet related, cooking odors, or smoke of any kind, make sure your home is as fresh and clean as possible. If your pets have soiled the carpets, have them professionally cleaned. If you love to cook with certain pungent spices, make sure you don’t do it when you know someone’s coming to look at the house. And stop smoking in the house while it’s listed for sale. Smoke can get into every soft surface, so a thorough cleaning may be required to completely eliminate the smell.


If you’re ready to sell your home, call one of our expert real estate agents at RE/MAX of Nanaimo today, at (250) 751-1223. They can help you decide on the best way to showcase your home to increase the chance of a quick sale.

Canada's Housing Market Outlook For 2017, Nanaimo Real Estate, RE/MAX of Nanaimo

Canada’s Housing Market Outlook For 2017

Housing Market for Greater Vancouver and Toronto

Vancouver and Toronto continue to be characterized by high demand and low housing market supply in 2016, with competition pushing prices higher due to limited inventory.

Greater Vancouver experienced a 13 per cent increase in the average residential sale price to $1,020,300, while the Greater Toronto Area (GTA) saw an increase of 17 per cent, to $725,857. In the short term, these two markets may soften slightly due to the recent changes to mortgage rules and the new 15 percent foreign-buyer tax in Vancouver. In 2017, RE/MAX estimates prices in Vancouver will increase by about two percent, while the GTA may see an eight per cent upswing.

Other regional markets located in close proximity to Canada’s highest price cities continue to benefit from interest from both move-up buyers, and from buyers moving out of the high price cities (move-over buyers). Several areas experienced double digit increases in year-over-year average prices including:

  • Barrie – 16%
  • Hamilton-Burlington – 20%
  • Fraser Valley – 20%
  • Kelowna – 14%

The new 15 per cent foreign-buyer tax in Vancouver has softened the market somewhat and as price appreciation declines in Vancouver, some potential sellers are now staying in the Lower Mainland. Both the GTA and Montreal are experiencing the ripple effect of the foreign-buyer tax as foreign investors are now looking in these areas, rather than Vancouver.

Housing Market Prairies and Maritimes

Calgary and Edmonton both saw moderate declines in the number of sales and the average residential sale price. This is due to the prolonged recovery of the oil sector in the past couple of years. Average residential sales prices dropped by two per cent in 2016, year-over-year, in Edmonton, while Calgary saw a decrease of about four per cent in the average residential sale price. If employment opportunities in the oil sector continue to slowly return to Alberta, buyer activity is expected pick up slightly in the second half of 2017.

Various regions such as Regina, Montreal, Saint John and St. John’s continue to be affected by high inventory, with a good selection of homes for first-time and move-up buyers. Local infrastructure projects and initiatives, like Montreal’s 375th anniversary celebrations, may boost the economies and real estate markets next year.

How important is home ownership to Canadians?

In a recent RE/MAX survey conducted by Leger, 53 per cent of respondents indicated they intend to purchase a home, and 47 per cent intend to do so within the next 5 to 10 years. Nearly a third of Canadians (30 per cent) are planning to purchase a home as an investment strategy, aimed at helping to fund their retirement, and 42 per cent of millennial respondents see purchasing a home as a retirement funding strategy.

A segment of Canadians would also consider unconventional ways of financing their home ownership:

  • 33% would consider buying a home with a family member
  • 15% would rent a room out on a vacation rental site such as Airbnb
  • 22%would rent out a room in their home
  • 9% would consider purchasing a home with a roommate

For more detailed information about what’s happening across the country, go to RE/MAX.ca.


If you’re interested in moving to, or moving within the Nanaimo area, call RE/MAX of Nanaimo today at (250) 751-1223 and one of our well-qualified agents will be happy to assist.

10 Qualities Of A Great Real Estate Agent, RE/MAX of Nanaimo, Leading Real Estate Brokerage

10 Qualities Of A Great Real Estate Agent

Sometimes it seems like there are a lot of REALTORS® to choose from. But how do you know which ones are the great ones? Here are 10 qualities of a great real estate agent when looking to buy or sell real estate in Nanaimo.

Qualities of a great real estate agent

  1. They are excellent communicators. They let you know what’s happening throughout the process, and give you feedback on showings and open houses, subject removals, the market and much more. They fully explain their marketing plans and walk you through the listing agreement, negotiations and offers, and all the documentation and information you are exposed to.
  2. They listen. They ask questions about the home you are selling, and they listen to your answers carefully.
  3. They understand the seller’s motivation for selling and adapt to it. For buyers, they understand your needs, your budget and your concerns and will keep them front of mind when searching for the perfect home. They want to act in your best interest.
  4. They adapt to the clients needs. How much communication does the client want? What method of communication works best for them – email, text, phone calls? The qualities of a great real estate means your REALTOR® understands this and tailors it to suit each individual client.
  5. They keep the client motivated. A client needs to feel supported and happy with their REALTOR® in order to continue the business relationship, so it’s important they maintain a positive attitude even during difficult periods.
  6. They know the clients timeframe. If a buyer needs a home by a certain date or a seller needs to be gone by a certain date, the qualities of a great real estate will ensue they make every effort to meet this. Time is of the essence at all times.
  7. They aren’t afraid to try new things – learn a new skill, try a new social media platform or device. To keep up with current trends and technology, education is key and they are constantly learning.
  8. They are experienced and can provide you with references for all the professional you may need, without a second thought.
  9. They are up to date on current real estate matters and receive continued education and training in that regard.
  10. They have no complaints, violations or disciplinary actions with the licensing board. You can check on the Real Estate Council of BC website at recbc.ca to find out about any actions against specific individuals.

Bonus quality: they are a RE/MAX real estate agent!

At RE/MAX of Nanaimo, agents are continually undergoing training and education through our RE/MAX University, ensuring they stay on top of current topics, issues and technology and are constantly leading the Nanaimo market share meaning they sell more homes than any other real estate group in Nanaimo!


If we can help you find your next home, or sell your current one, call RE/MAX of Nanaimo at (250) 751-1223 and speak with one of our well qualified agents today.