Do Not Overprice Your Home When You Sell

Posted on Apr 15, 2023

The most important advice I can give to anyone selling their home is to price it correctly from the start. This is the best way to ensure that you get the most money for your home.
Overpricing your home can be difficult to overcome. In fact, setting the right price is 80% of the marketing effort. If you set the wrong price, all your other efforts wi...

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What is a Probate Sale

Posted on Feb 28, 2023

In British Columbia, Canada, a probate house sale refers to the sale of a property that is part of an estate in probate, meaning the legal process of verifying a will as authentic under BC law. 1

Assets subject to probate in British Columbia include bank and investment accounts, insurance policies, safe deposit boxes, jewelry and decorative items, c...

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10 Tips To Make Your Home More Saleable

Posted on Feb 18, 2023

1. Clean and declutter. A clean and uncluttered home will show better to potential buyers. Consider renting a storage unit if necessary to help clear out some of the clutter. 
2. Enhance lighting. Increase the wattage of your light bulbs, clean your windows to let in natural light, and replace broken light bulbs. Also, consider adding mirrors in hall...

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What does a Benchmark Price mean?

Posted on Dec 01, 2020 in Market Statistics

Most properties sold in Greater Victoria and the Southern Gulf Islands are listed and sold on the Victoria Real Estate Board's Multiple Listing Service® (MLS®) System. To analyze sale price trends in the Greater Victoria housing market,  the VREB moved away from reporting changes in average and median sale prices.

In its place, we now analyze trends...

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