It’s pretty simple in my opinion. Offer a lower commission structure and carry out more sales volume.
What precentage of property value should you spend on outdoor improvements?
Not too much in my opinion. Often the sellers’ custom outdoor improvements are not so custom to the buyer, or the buyer may even find the improvements to be a liability such as a hot tub or pool.
What are the risks and differences; legal, non-legal, and non-conforming suites in greater Victoria?
Essentially there are three types of suites you’ll find in most municipalities in greater Victoria; legal conforming suites (the best scenario); legal non-conforming (zoning for the lot allows for a secondary suite but there are no permits in place for the suite); and final non-legal (the zoning does not allow for a secondary suite which also makes it impossible to be conforming). When purchasing a property with a suite one should familiarize themselves with municipal bylaws and especially the risks that come with having a legal non-conforming or non-legal suite.
Buying a rental or investment property….to buy fixer upper or turn key rental?
A big component of deciding whether to buy a fixer upper or turnkey rental property depends on your personal circumstances and lifestyle. A larger fixer upper may not be an ideal investment property for someone living out of town or with a busy work schedule; however, it may work well for a trades person or semi-retired individual.
Building a new home – budgeting!
Where is the value in real estate commissions? Do you see the value?
Does it make sense that it costs the same amount to sell a home as it costs to frame the home? As a REALTOR® it doesn’t really make sense to me, does it make sense to you?
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