RE/MAX Oceanview Realty        5686 Cowrie St.

 Kiosk, Trail Bay Mall

Weekly REPORT  Aug 20– Aug 26   

We’ve talked about how the MLS service fosters cooperation between different realtors and their companies. As it turns out, cooperation results in more sales and a better client experience. But how can it work when these same realtors and their companies are also staunch competitors? The MLS system has rules which all members must follow. From the listing format on the Internet, to showing etiquettes; from minimum listing periods to what’s allowed on signs – these rules ensure cooperation and the best results for buyers and sellers.

ACCESS TO LISTINGS CLICK ON     http://www.remaxoceanview.com

 SALES THIS WEEK: 12   [SUNSHINE  COAST, ALL OFFICES]

PRICE RANGE

AREA

 NEW LISTINGS THIS WEEK: 28                  PRICE REDUCTIONS

CURRENT LISTINGS:  1348

DET’D  SALES to LIST  RATIO*:    =  6.1%  [ADADDD

                   0%            6.1%               15%                  22%

*The Sales/Listings Ratio is a guide to market conditions. A value below 15 favours buyers. 15 – 22 reflects a balanced market, and over 22 gives the advantage to sellers.

RE/MAX Oceanview Realty        5686 Cowrie St.

                                Kiosk, Trail Bay Mall Weekly REPORT  Aug 13– Aug 19   

You probably know that “MLS" stands for "Multiple Listing Service". But do you know its origins? There was a time when Realtors only viewed and sold their own company’s listings. However some Realtors found benefits in cooperating with other companies. They learned that having access to other company’s listings and allowing showings on their own resulted in more sales. Over time this sort of cooperation became the norm and the MLS was system was formalized. Today almost all listings appear on one MLS system or another. The Real Estate Boards administer the systems and are responsible for integration with the Internet.

ACCESS TO LISTINGS CLICK ON     http://www.remaxoceanview.com

 SALES THIS WEEK: 9   [SUNSHINE  COAST, ALL OFFICES]

PRICE RANGE

AREA

 NEW LISTINGS THIS WEEK: 32                  PRICE REDUCTIONS

CURRENT LISTINGS:  1340

DET’D  SALES to LIST  RATIO*:    =  3.3%  [ADADDD

                   0% 3.3%                            15%                  22%

*The Sales/Listings Ratio is a guide to market conditions. A value below 15 favours buyers. 15 – 22 reflects a balanced market, and over 22 gives the advantage to sellers.

RE/MAX Oceanview Realty        5686 Cowrie St.

 Kiosk, Trail Bay Mall

Weekly REPORT  Aug 6– Aug 12   

The latest real estate statistics for Vancouver are encouraging. Sales for July are much improved over last year. Actually, it's been the best July since 2009. The question is, will this mean more business for the Sunshine Coast? Over the years a busy Vancouver market has usually meant increased activity the Sunshine Coast. However, in recent years the retirement, recreation and investment market – mainly from the Lower Mainland - has been slower. Is this a short term aberration or are we becoming more of a locally driven market? Time will tell.

ACCESS TO LISTINGS CLICK ON     http://www.remaxoceanview.com

 SALES THIS WEEK: 15   [SUNSHINE  COAST, ALL OFFICES]

PRICE RANGE

AREA

 NEW LISTINGS THIS WEEK: 32                  PRICE REDUCTIONS

CURRENT LISTINGS:  1337

DET’D  SALES to LIST  RATIO*:    =  6.1%  [ADADDD

                   0%           6.1%                  15%                  22%

*The Sales/Listings Ratio is a guide to market conditions. A value below 15 favours buyers. 15 – 22 reflects a balanced market, and over 22 gives the advantage to sellers.