Macdonald Realty Voted Best Neighbourhood Real Estate Office 2011!
Former FSBO CEO Sells Home the Traditional Way!
AGBeat News, August 3, 2011 - Founder and former CEO of ForSalebyOwner.com, Colby Sambrotto, listed his 2,000 square foot New York condominium on his own through online classified ads and FSBO sites, but after six months, he opted to hire New York broker, Jesse Buckler, who immediately advised a price change as the listing was not attracting the right buyer.
AGBeat columnist, Herman Chan, said, “If people want to take a stab at For Sale By Owner (ie: FSBO), go for it. But well over 80% of FSBO’s eventually have to list with an real estate agent to get their house sold. It’s harder than it looks!”
BC Home Sales Will Decline in 2011...But Prices Will Rise!
“The real estate market will remain stable for the next couple years, weighed down by global economic issues, moderate employment and population growth, and changes to mortgage insurance rules,” Yu said.
Greater Vancouver Home Sales Trend Towards Buyers' Market Over Summer
The real estate industry is a key economic driver in British Columbia. In 2010, 30,595 homes changed ownership in the Board's area, generating $1.28 billion in spin-off activity and 8,567 jobs. The total dollar value of residential sales transacted through the MLS® system in Greater Vancouver totalled $21 billion in 2010. The Real Estate Board of Greater Vancouver is an association representing more than 10,000 REALTORS® and their companies. The Board provides a variety of member services, including the Multiple Listing Service®. For more information on real estate, statistics, and buying or selling a home, contact a local REALTOR® or visit www.rebgv.org.