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GIL SZABO & ASSOCIATES REAL ESTATE TEAM
Real Estate news for those on the move
Gil Szabo
PERSONAL REAL ESTATE
CORPORATION
April 2013
Okanagan Realty #101-1873
Main Street, Penticton, BC
toLL Free
1-888-736-8428
WeB site
www.Gilszabo.com
emAiL
[email protected]
Beat Out Other Buyers
to HOT New Listings
How to Sell High
hy call a high-pressure sales
agent who will just make you
feel obligated when all you want is a
hassle-free way to know about the
price, location, or particulars of a home
for sale.
Well you don’t have to talk to anyone
because my computerized system will
search out ALL homes currently listed
or sold, anywhere in your area by all
real estate companies. All you need to
do is call my FREE, 24 hr. HouseHunter hotline any time and leave your
homebuying criteria including price
range and preferred area.
We will mail you a detailed
computerized printout including
address, price and full listing details of
all homes that match your criteria. This
information is free and obligates you to
nothing. It’s all part of my FREE
House-Hunter Service.
Call my toll-free House-Hunter
hotline today at 1-888-267-4599 and
enter ID#1714 (24 Hr. recorded message)
Avoid These 3 Mistakes When Pricing Your Home
W
How to Sell
Your House
Without an Agent
Free Report reveals
10 inside tips to selling
your house by yourself for
4 the best price
4 in the shortest amount of time
4 while saving the commission
Free recorded message
1-888-267-4599, ID#3304
PENTICTON- When you decide to
sell your home, setting your asking
price is one of the most important
decisions you will ever make.
Depending on how a buyer is made
aware of your home, price is often the
first thing he or she sees, and many
homes are discarded by prospective
buyers as not being in the appropriate
price range before they’re even given a
chance of a showing.
Your asking price is often your
home’s “first impression”, and if you
want to realize the most money you
can for your home, it’s imperative that
you make a good first impression.
This is not as easy as it sounds, and
pricing strategy should not be taken
lightly. Pricing too high can be as
costly to a homeseller as pricing too
low. Taking a look at what homes in
your neighbourhood have sold for is
only a small part of the process, and
on its own is not nearly enough to help
you make the best decision.
A recent study, which compiles 10
years of industry research, has resulted
in a new special report entitled
“Homesellers: How to Get the Price
You Want (and Need)”. This report will
help you understand pricing strategy
from three different angles. When
taken together, this information will
help you price your home to not only
sell, but sell for the price you want.
To hear a brief recorded message
about how to order your copy of this
FREE report, call 1-888-267-4599
and enter ID#3214. You can call any
time, 24 hours a day, 7 days a week.
Call NOW to learn how to price
your home to your maximum financial
advantage.
11 COSTLY HOME INSPECTION PITFALLS
Before you list your home for sale it is critical to read this
Free Report reviewing 11 of the most common home
inspection pitfalls. Failure to understand these inspection traps
could cause costly delays in the sale of your home or worse,
turn prospective buyers away altogether.
Free recorded message
1-888-267-4599, ID#3624
FREE HOMESELLER’S MARKETING KIT
This remarkable kit has helped dozens of area homesellers save thousands of
dollars and countless headaches. Now you too can maximize your home’s salability
with this Homeseller’s Marketing Kit. The kit contains: a Free Special Report
revealing 27 Valuable Tips to Sell Your Home Fast and for Top Dollar and a Free
Video that shows you how to “Price and Prepare Your Home for Sale”. To order any
time, 24 hours a day, simply call 1-888-267-4599 ID#4804. We’ll mail you your free
marketing kit at No cHarge and WiTHouT obligaTioN.
YOUR
IT’S
Opportunities Abound for Home Buyers
With only 14 single family homes sold in March In
Penticton, a decrease of 27.27% YTD over the same
period in 2012, sellers are having to decide between
staying put or adjusting their expectations to match the
market. Similar performance is seen across the entire
South Okanagan. Inventory is also down 14.4% at the
same time last year. Prices continue to erode at a rate of
approximately 1/2 of one percent per month and interest
rates look as if they will continue to stay at their historic
lows for the foreseeable future. What does all this
mean? Buyers waiting to see how low prices will drop,
and fail to act now, will likely be looking back in the
next few years saying they should have bought in 2013.
Seller must now decide to either bite the bullet, sell
their homes for what the market will bear and get on
with life, or continue to feel frustrated and discouraged
in the markets performance for a few more years.
In our current market, both buyers and sellers must be
decisive and stop gambling with their housing futures.
MOVE
MARCH 2013 ACTIVITY
Area
#
Sold
% Change vs
Last
Year
Month
Ago
120 Day
Average Price
% Change vs
Last
Year
Month
Ago
Penticton
14
-33.33
-48.15
dn to $334,646
-5.17
-6.61
Summerland
8
+100.00
-55.55
dn to $346,900
-8.79
-19.18
Naramata
2
+100.00
+100.00 UP to $1,306,000 +241.66 +148.52
Kaleden/ OK Falls 7
+350.00
+350.00 UP to $465,260
Oliver/Osoyoos
9
+28.57
-30.77
Total Area
52
+30.00
-23.53
+14.55
+30.30
dn to $271,347
-4.65
-3.33
UP to $352,406
+3.04
+0.18
I N F O R M AT I O N C O R N E R
DIVORCE
Free Report reviews
what you need to know
about what happens
to your matrimonial
home before, during
and after a divorce.
AFFORDABLE
Free
computerized list of
available properties
in your specific price
range and area
Free recorded message
Free recorded message
1-888-267-4599
ID#4904
1-888-267-4599
ID#8054
AVOID
Legal Loopholes That
Can Cost You Thousands
in the Sale of Your Home
3 Ways to Buy
a Home for
Less Money
Before listing your home,
Free Report reveals
3 costly errors to avoid
Free report
available
Free recorded message
Free recorded message
1-888-267-4599
ID#3814
1-888-267-4599
ID#4704
DISTRESS SALE
Free Computerized Printout of Bank Foreclosures and Power
of Sale Properties. You can have a printout mailed to you at
No Cost or Obligation. Please indicate which price range
and preferred area you want to receive information on.
1-888-267-4599, ID#9474 (24 hr. recorded message)
HOMESELLERS
Find Out What the Homes in Your
Neighbourhood are Selling For
Receive a FREE computerized printout of ALL recent
Home Sales & Current Listings in your neighbourhood.
For FREE recorded information call
1-888-267-4599, ID#8064 (24hr. recorded message)
Free computerized printouts for buyers and Sellers
mailed to you at no cost or obligation. For a pre-recorded
message, call 24 hrs. to 1-888-267-4599 and enter the
ID# of the information that you are interested in receiving.
BUYERS
1. Save Thousands - Find out how to save
thousands of dollars when you buy
your next home . . . . . . . . . . . . . . . . . . . . . . . .ID#4714
2. Avoid 6 Costly Errors When Moving to a
Larger Home and Save Thousands . . . . . . .ID#3104
3. New Homebuyers - Discover 10 tips that will
save you time and money when buying a
brand new home . . . . . . . . . . . . . . . . . . . . . . .ID#3914
4. Buyer Beware
13 Extra Costs to be aware of Before buying a
home . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .ID#4104
5. 10 BEST BUYS Hot List - Receive a free
list of the most current best buys in your
desired location and price range . . . . . . . . . . .ID#8054
SELLERS
1. Costly Homeseller Mistakes and how to
avoid them and save thousands when you
sell your home . . . . . . . . . . . . . . . . . . . . . . . .ID#3074
2. 27 Quick & Easy Fix Ups to Sell Your
Home Fast and for Top Dollar . . . . . . . . . . .ID#4504
3. Guaranteed Sale Program - Your Home Sold in
Under 120 Days, at a Price Acceptable to You
Guaranteed in Writing, Or We’ll Buy it For Cash!
Home Seller and Gil Szabo must agree on market value and
completion date . . . . . . . . . . . . . . . . . . . . . . . . . .ID#9494
4. How to Avoid 3 Legal Mistakes BEFORE
You List Your Home for Sale . . . . . . . . . . . .ID#3804
5. Before You Hire a Real Estate Agent there are 10
Questions you can ask to help ensure you hire the right
agent to sell your home fast and for top dollar . . .ID#2804
KEEPING
YOU
INFORMED ABOUT THE HOUSING MARKET
PENTICTON
4. 309 Falcon Place
$345,000
63
$390
5.
3400 Wilson Street, Unit 208
56
$380
$290,000
49
$370
42
$360 6.
264 Douglas Ave
35
$350
$255,000
28
$340
7. 60 Okanagan Ave W
21
$330
$289,000
14
$320
7
160 Penrose Court
$310 8.
0
$722,000
$300
APR MAY JUN JUL AUG SEP OCT NOV DEC JAN FEB MAR
9.
127 Secrest Place
Actual home sale prices in
$350,000
Penticton
1. 65 Kingfisher Drive
10. 612 Red Wing Place
$359,000
$240,000
2. 953 Creston Ave
11. 98 Roy Ave
$220,000
$270,000
3. 340 Douglas Ave
12. 240 Yorkton Ave, Unit 205
$332,500
$345,000
70
$400
SUMMERLAND
40
36
$462.5
32
$450.0
28
$437.5
24
$425.0
20
$412.5
16
$400.0
12
$387.5
8
$375.0
4
4. 2215 Naramata Road
$1,650,000
$1280
5.
675 Ritchie Ave
8
$1160
$310,000
7
$1040
6
$920 6.
1159 Nuttal Road
5
$800
$959,000
4
$680
7.
480 Robinson Ave
3
$560
$370,000
2
$440
1
$320 8.
1280 Upper Debeck Road
0
$200
$220,000
APR MAY JUN JUL AUG SEP OCT NOVE DEC JAN FEB MAR
9. 136 Flagstone Rise
Actual home sale prices in
$275,000
Naramata
10. 60 Robinson Point Road
1. 650 Ellis Ave, Unit 13
$1,800,000
$300,000
11.
6981 Chute Lake Road
2. 3180 Third Street
$558,000
$1,960,000
12. 3304 Juniper Road
3. 650 Ellis Ave, Unit 2
$250,000
$259,900
$1400
9
APR MAY JUN JUL AUG SEP OCT NOV DEC JAN FEB MAR
$350.0
Actual home sale prices in
Summerland
1. 11121 Scott Street, Unit 13
$220,000
2. 172 Fish Lake Road
$287,000
3. 9204 Welsh Ave
$340,000
4. 1516 Harding Street
$315,000
5. 3319 Johnson Street
$324,500
6. 11907 Marshall Crescent
$262,500
7. 10720 Prairie Valley Road
$245,000
8. 13213 Armstrong Ave, Unit 13
$135,000
9. 10910 Ward Street
$380,000
10. 133 Sumac Ridge Drive
$440,000
11. 8907 Pineo Court, Unit 306
$135,000
12. 10911 Prairie Valley Road
$345,000
KALEDEN/ OK FALLS
20
$475
18
$460
16
$445
14
$430
12
$415
10
$400
8
$385
6
$370
4
$355
2
$340
0
APR MAY JUN JUL AUG SEP OCT NOV DEC JAN FEB MAR
$325
Actual home sale prices in
Kalenden / OK Falls
1. 552 Pineview Drive
$425,000
2. 266 Westview Road
$217,500
3. 108 Chardonnay Court
$442,500
OLIVER / OSOYOOS
4. 5840 Tulameen Street
$389,000
32
9102 74th Ave
$312 5.
28
$215,000
$302
24
$292
6. 921 Spillway Road, Unit 208C
20
$282
$177,700
16
$272
7.
12300 Pinehurst Place, Unit 1
12
$262
$272,000
8
$252
4
$242 8.
847 Eastside Ave
0
$232
$278,500
APR MAY JUN JUL AUG SEP OCT NOV DEC JAN FEB MAR
9. 5705 Lombardy Lane
Actual home sale prices in
$279,000
Oliver / Osoyoos
1. 2450 Inkaneep Road, Unit 216 10. 6610 Oxbow Crescent
$250,000
$505,500
11. 306 Park Rill Road
2. 554 School Ave
$250,000
$282,000
12. 18 Swan Crescent
3. 6569 Hollow Street
$3340,000
$229,000
$362.5
0
NARAMATA
10
$475.0
4. 1133 Main Street, Unit 17
$65,000
5. 4505 McLean Creek Road, Unit B3
$75,000
6. 5326 Camlyn Court
$340,000
7. 1021 Maple Street
$290,000
8. 214 Camberly Place
$1,563,382
9. 442 Eastview Road
$253,000
10. 1032 Cedar Street, Unit 12
$164,000
11. 275 Westview Road
$375,000
12. 1840 Oliver Ranch Road, Unit 5
$259,000
TOTAL AREA
40
$332
200
$400.0
36
$322
180
$387.5
160
$375.0
140
$362.5
120
$350.0
100
$337.5
80
$325.0
60
$312.5
40
$300.0
20
$287.5
0
APR MAY JUN JUL AUG SEP OCT NOV DEC JAN FEB MAR
$275.0
Actual home sale prices in
Total Area
1. 2113 Atkinson Street, Unit 605
$315,000
2. 1049 Churchill Ave, Unit 206
$274,000
3. 195 Warren Ave E, Unit 101
$260,000
4. 2050 Quebec Street, Unit 107
$140,000
5. 2265 Atkinson Street, Unit 302
$260,000
6. 873 Forestbrook Drive, Unit 101
$250,000
7. 123 Green Ave W, Unit 102
$290,000
8. 2125 Atkinson Street, Unit 902
$380,000
9. 250 Waterford Ave, Unit 206
$267,500
10. 3315 Wilson Street, Unit 114
$190,000
11. 3412 South Main Street, Unit 108
$205,000
12. 160 Lakeshore Drive W, Unit 1306
$472,000
This information is provided from the SOREB and is thought to be accurate, and must not be relied upon without verification.
Are You Looking for a...
Real Estate Lawyer
Mortgage Broker
#201 - 100 Front Street
Penticton, B.C. V2A 1H1
Phone: (250) 492-6100
Fax: (250) 492-4877
Website: www.boyleco.bc.ca
Email: [email protected]
James W. Dewdney, B. Comm. LL.B.
Barrister and Solicitor
Legal Services Provided by a Law Corporation
6 Costly Mistakes to Avoid
Before Buying a Home
PENTICTON - A new report has just been released which
identifies the 6 most common and costly mistakes that
homebuyers make before buying a home.
Mortgage regulations have changed significantly over the
last few years, making your options wider than ever. Subtle
changes in the way you approach mortgage shopping, and
even small differences in the way you structure your
mortgage, can save or cost you literally thousands of dollars
and years of expense.
Whether you are about to buy your first home, or are
planning to make a move to your next home, it is critical
that you inform yourself about the factors involved before
you buy.
In answer to this issue, industry insiders have prepared a
free special report entitled “6 Things You Must Know Before
You Buy”.
Having the right information beforehand can undoubtedly
make a major difference in this critical negotiation. To hear
a brief pre-recorded message about how to order your
FREE copy of this report, call 1-888-267-4599 and enter
ID#4304.
You can call any time, 24 hours a day, 7 days a week.
Call now to find out what you need to know before you
buy a home.
WARNING
10 Questions to Ask Before You
Hire a Real Estate Agent
Do not hire an agent before you
read this free special report.
Free recorded message
1-888-267-4599, ID#2804
It’s on the
Web!
www.Gilszabo.com
1. 10 Best Buys Hot List
2. HomeseLLers: Find out What the
Homes in Your Neighbourhood are
selling For
3. Distress sales & Bank Foreclosures
4. Free over-the-Net Home evaluation
5. Warning: 10 Questions to Ask Before
Hiring a real estate Agent
6. View Hot New Listings
*Some conditions apply
G
G
G
What They’re Saying
About Gil’s Team
G
G
G
You Took Away My Anxiety
I had my home listed with another realtor for six months
and hardly had anyone look at it. My Other realtor gave
me unrealistic expectations or what my home would sell
for. Once we listed our home with your, you immediately
exceeded all of our expectations and SOLD MY HOME
IN ONLY 28 DAYS for MORE THAN MY ASKING PRICE!
I am so Happy with all you have done for me!
Gil Szabo is a licensed Realtor with Coldwell Banker Okanagan Realty. This is not intended to solicit properties already listed for sale.
Gus B.