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.

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.Nanaimo Real Estate Market Update July 2017

For more information about the Nanaimo Real Estate Market or to connect with an experienced Real Estate Agent, call us at 250-751-1223

5 reasons to live in Nanaimo, Nanaimo, Real Esate

5 Reasons To Live In Nanaimo

If you’re thinking of moving to Nanaimo, here are 5 reasons to live in Nanaimo.

5 Reasons to live in Nanaimo.

  1. Small city feel with big city amenities.

Nanaimo offers all of the amenities, events, festivals, arts, sporting activities, and shopping. There is so much more without the headache of big city traffic. If you want art exhibits, the theater or other cultural activities and events, Nanaimo has them. If you want an active outdoor lifestyle, Nanaimo has everything you could ever want. Try paddle boarding, to sailing, hiking, camping, sports or anything else you can think of. The City of Nanaimo website has a calendar of events that lets you easily find events or activities for you and your family. Go to nanaimo.ca/calendar to see what’s happening throughout the year.

  1. Cost of living.

Housing prices in the Nanaimo and mid-island area are on the rise but it’s still a great time to buy a home in the area. There are homes available to suite almost any budget and every lifestyle. With a small community feel, Nanaimo is a wonderful place to raise your kids. Or if you think you want to retire here, now is a perfect time to buy an investment property to move into later.

  1. Moderate climate.

Summers are typically warm and sunny, perfect for doing all the outdoor activities you love. Winters are moderate. Nanaimo doesn’t generally drop much below freezing and for the most part, doesn’t get a lot of snow (occasional exceptions apply).

  1. Well-regarded education system.

Starting with pre-school and kindergarten, and continuing through University, Nanaimo has a wonderful school system. Private, public and French immersion schools can all be found in Nanaimo and Vancouver Island University, home to a large number of international, as well as local students, offers first-rate programs for those interested in furthering their education, no matter what their age.

  1. Medical services.

In Nanaimo, there is no shortage of excellent medical care. Doctors are drawn here from all over the world. For a lot of the reasons we’ve already looked at and Nanaimo residents benefit from their world experiences and care. Nanaimo Regional General Hospital is easily accessible and offers top-notch medical assistance to those who need it.


While there are many more reasons why Nanaimo is a terrific place to live, these are a few to get you started. When you’re ready to make the jump to island life, call one of our expert agents at RE/MAX of Nanaimo at (250) 751-1223.

RE/MAX, Real Estate Agent Market Your Home, Nanaimo Real Estate

How Will Your RE/MAX Real Estate Agent Market Your Home?

When you’re thinking of selling your home, your real estate agent will provide a marketing plan that shows you exactly how they plan to market your home to the public. In today’s electronic age, what does it mean exactly? How will a Real Estate Agent market your home?

Real Estate Agent market your home.

Multiple Listing Services (MLS).

Unless you’ve signed an exclusive listing agreement, your home will be posted on the multiple listing service website. Anyone with a computer can access these listings and view your home on-line to decide if they want to come and take a look. They’ll see a map of the location, find all the pertinent details about its’ size and features, and also be able to view photographs of the inside.

Agent and Brokerage websites.

Real estate agents have their own websites which feature their own listings. This ensures your property is prominently showcased on their page and highlights the best aspects of the home. Buyers can decide whether or not your home might meet their needs before ever setting foot on the property, so you’ll usually only get serious buyers coming through your home.

Social Media. Facebook and Twitter.

Most real estate agents use Facebook to get the word out about their listings. They can link their website to the post which increases the exposure your property will receive and hopefully translates into a quick sale. A lot of agents also use Twitter to feature your home. While Twitter only allows a short description of the property, the right words can grab a buyers’ attention and stimulate their curiousity enough to want to take a look at your home.

Social media plays a large and important role in exposing real estate to the public. And while one person might not be in the market for a new home, they may know someone who is and can share the link or the post with their friends, who can share it with their friends, and so on.

In Nanaimo, where homes are selling almost as quickly as they become available, that’s an invaluable resource. Spotlighting your home on social media and on-line increases the odds of securing a sale in a timely manner and lets sellers and buyers alike move on to their next new home adventure.


When you’re ready to sell your home, call an experienced agent at RE/MAX of Nanaimo. They can be reached anytime at (250) 751-1223.

'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.