Marc  Freeman

Marc Freeman

Sales Representative

RE/MAX Coast Mountains (Terrace Branch)

Mobile:
250-975-0654
Office:
250-638-1400
Toll Free:
1-866-951-7223
Email Me

Marc Freeman's blog

WINTER SELLING

So what are some top tips for selling in the winter. 

1.  Shovel the driveway!!!  No one wants to wade thru snow to get into your house.  Clear the walks and use sand or salt.  Make a good impression.

2.  Turn your heat up.  Many people turn down the heat specially with a vacant house.  You want your house warm and inviting.  People shouldn't be able to see their breath.  Makes them think something is wrong with your heating system.

WHEN TO LIST....

People always seem to ask me when is the best time to list?  Is it the spring, summer, fall, certainly not the winter.  The real answer is when do you need to sell?  Sometimes work or other commitments require you to sell in winter, or middle of summer.  The real key is having a realtor who can put a proper value on your house, so that it is not priced to high and scares away buyers, but isn't priced so low that you leave money on the table.  Pricing is the more important aspect of listing your home.  Ask your realtor where they got the number they want to

When will it all HAPPEN???

So for a very long time here in Terrace we have been waiting for announcements of LNG and possible pipeline activity from Alberta.  We get ready to wait some more.  Royal Dutch Shell has shelved the LNG pipeline again and it looks like until commodity prices pick up we will continue to wait.  However land preperation continues some money is trickling into the project, which is a good sign.  The market continues to move ahead however pricing is key and sellers need to be realistic about asking prices.

Market Update

Well the market it Terrace continues to be spotty at best.  Weeks with sales and others with vertually none.  The selection of houses listed for sale is at about 180 currently.  So there is a great selection of houses for sale.  The largest number between about $175,000 and $400,000.  The market continues to be technequely balanced, however sellers are feeling more like it is a buyers market.  Houses need to be priced properly in order to sell.  Often I have sellers unwilling to take advice and then getting upset wihen houses don't sell, the reality is listen carefully to the advice

Is it the Right time to buy??

So the burning question everyone always asks is:  Is it the right time to buy?  Is the market going up or down?  Can I get a good deal?  The answer to these questions is as individual as the people asking.  If you need to buy, then buy.  There is lots of inventory to choose from.  Interest rates are at a record low.  The market is currently stable.  Real estate is not for the person looking to turn over a quick profit.  Real estate tends to be a longer term investment.  It gains value over time and as you pay it off, you are paying yourself.  Rent in Terrace is about the same price

Should I sell in the Winter?

Most people are inclinded to want to list there properties during the spring time because we are told the market is the best then.  True, the market tends to be stronger in the spring, but does that mean that the spring is the best time to sell??  Well keep in mind many people think that the spring is the best time to sell.  Therefore you are competing against more active houses on the market.  The greater the supply of houses the more pressure down on prices as people motivated to sell drop their prices to sell quickly.  People who are looking to buy during the winter season are MOTIVATE

CHRISTMAS

I trust you had an enjoyable Christmas.  Time with family and friends and now we prepare for the arrival of the New Year.  Some people are planning to sell in the New Year and are wondering when the perfect time to put their house on MLS is.  Spring is by far the most active time in the real estate market and that being said also the time with the most houses listed.  So it might not be the BEST time to have your house on the market.  Right now, serious buyers are looking at homes to purchase.  The are motivated and qualified.  So my suggestion would be that even now it is a good time t

Market Update

So people seem to think that the market in Terrace is dropping.  Well let me, let you in on a secret.  IT ISN'T.  Since last year at this time housing prices have increased from an average price of $235,000 to now $309,000.  That is a huge increase in the average sale price.  Less homes have been sold this year but at a greater dollar volume.  These large price increases have stopped and now it is very important to have the proper sale price on your home.  It was a little wild west like for several months at the beginning of last year.  But that has gone and left the market.  The

House Selection Increase

We as the fall is upon us, we see a marked increase in inventory.  Yes house selection has increased.  Sales have also slowed so this means more time to find a house and more selection to choose from.  So you can take your time to find the perfect house.  Don't get me wrong....if a nice house comes on the market and is priced right, you must move quickly.  The increase in selection does not mean you do not need to be vigilant.  To avoid disappointment have listing emailed to you daily.  This way the market comes to you.  Then you can look over the new listings as they come on the m

Back to the Grind

HURRAY!!!  Kids back a school today after 5 weeks of striking.  It is good for everyone.  Now we get back into the grove of normal living and routine.  So.....that is good.  In the market things are still quiet.  It is a good time for buyers.  Lot's of time without pressure to make that purchase.  Lot's of inventory to look at.  So give me a call and I can get listing sent directly to you or I can take you thru some homes you want to look at.  I look forward to speaking with you. 

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