Looking for location and quality downtown Victoria? Look no further.
1090 Johnson, The Mondrian…pre-sale construction downtown Victoria, B.C.
If you are interested in a downtown pre-sale take a look at the review I wrote on the Mondrian. It can be found on www.vibrantvictoria.ca
940 Deloume Road, Cobble Hill, SOLD
Do not miss out on this immaculate rancher with wrap around covered porch in desirable Mill Springs. Pride of ownership is evident as you enter this bright three bedroom home featuring large windows, vaulted ceilings and superior finishing details. The kitchen and eating area open onto a deck and spacious fenced backyard.
Listed by Marko Juras and SOLD!
Over $7,000 SAVED
1207-834 Johnson Street, Downtown, SOLD
Bright, luxurious & sophisticated northeast facing condo on the 12 floor of the newest concrete building downtown. Floor to ceiling windows on two sides of this corner unit offer abundant natural light and views towards Oak Bay and Mt. Tolmie! The efficiently designed living space offers a living room and dining, island-style kitchen, and 9′ ceilings.
Listed by Marko Juras and SOLD!
Over $4,000 SAVED
#304-2920 Cook, Victoria, SOLD
Assessed at $325,400!! Located in one of Victoria’s premier buildings, Spencer Castle was ahead of its time – one of Victoria’s best kept secrets! Amazing value in this 3rd floor lovely south facing and spacious unit with two bedrooms, two bathrooms and an excellent floor plan. Building amenities include guest suite, indoor swimming pool, sauna.
Listed by Marko Juras and SOLD!
Over $3,000 SAVED
Buyers’ Market but Where Are They?
LANGFORD – Richard Robinson is making the move back to Vancouver Island from Winnipeg and he’s ready to buy right now. “I sold my snow blower before I came out on this trip so I have to move at this point” Robinson laughs.
He plans to retire on the West Shore and is pleased to be shopping in a soft market very different from the one he left. “For some homes there’s still a bidding war that takes place when you’re selling in Winnipeg and fortunately that was the case for my home.”
He is not expecting to pay more than asking price in Langford. Year over year sales and prices are flat in Greater Victoria’s core municipalities. Sales are down on the Saanich Peninsula but prices are steady. On the West Shore sales are down and prices are falling too. In fact single family home sales on the West Shore are down close to 40% from last year, even lower than in 2008 when the global economic crisis hit.
“There are definitely a lot of price drops, and homes are sitting on the market a long time” says realtor Marko Juras with Fair Realty. But he says many sellers don’t seem to be getting the message and pricing their homes five to 10 percent more than they’re now worth. “There are very few buyers out there. You want to make sure your home is priced well enough that if a buyer is looking at 10 houses for example, they walk into your home and see the value in your home.”
If you’re thinking of selling your home soon and you’re getting worried, sales may have fallen off a cliff but Juras says prices are very unlikely to do the same. He’s predicting a flat market for the next year or two, or small price drops of maybe two to three percent per year at most. “Victoria has a stable, diversified economy, the interest rates are still extremely affordable, and unemployment is low. People predicting large price corrections, that’s very difficult to do.” West Shore homeowners we spoke to are hoping to ride out any kind of extended slump. “I hope by the time I’m ready to get out things will be back to where they should be again” says one woman.
Juras points out the Greater Victoria market was flat from 1991-2000. It could be awhile.
Follow Andrew Johnson on Twitter: http://www.twitter.com/CTVNewsAndrew
A Flat Fee Listing, ‘Mere Posting,’ Case Study in Victoria, B.C.
1216 Pearce Cres, a Mere Posting, recently sold for $542,000!
What is a Flat Fee MLS® Listing (Mere Posting) is less than one minute!
Flat Fee MLS® listings are also known as ’Mere Postings.’ The Competition Bureau/CREA Consent Agreement defines a ‘Mere Posting’ as “a listing on a Member board’s MLS® System in respect of which the Member has chosen or agreed not to provide services to the Seller other than submitting the listing for posting on a Member Board’s MLS®.”
Essentially what a Flat Fee MLS® listing, or ‘Mere Posting,’ amounts to is a For Sale by Owner (FSBO) with MLS® System exposure. After the home is listed, the homeowner takes control of the selling process. At www.flatfeelistvictoria.com we offer this service for $799+HST. Please follow the links below for more information!
1216 Pearce Cres, Saanich, SOLD
There is no other neighborhood like Pearce Crescent! The outside of this house not the most charming, but with an 8400 sq ft lot you have tons of potential- especially being situated in the Blenkinsop Valley! The house is on Pearce Cr, a unique street that abuts Mt Doug Park. The neighbors are great, the street is quiet, fruit trees grow like crazy here.
Listed by Marko Juras and SOLD!
Over $9,000 SAVED
Always scan older homes for buried underground oil tanks! IT’S FREE!
Victoria Tank Service Limited performs scans for free!
Prospective purchasers may wish to: have the property inspected for fill pipes, vent pipes, feed tubes, etc. or have purchasing offers subject to inspection by a building inspector and/or underground storage tank locator.
2880 Dysart, Gorge, SOLD
Pride of ownership is evident as you enter this beautifully updated character home set in a great neighbourhood, just a short stroll away from the Gorge Waterway! This homes features 2 bedrooms + den upstairs and a fabulous self-contained 1 bedroom + office suite ideal for consistent rental income.
Listed by Marko Juras and SOLD!
Over $5,500 SAVED
How do I differ from the “traditional” REALTOR®?
My range of service encompasses everything from helping the for-sale-by-owner to complete full service listings. In addition, I offer my buyers a 70% commission cash back program. I believe in a competitive marketplace and real estate commissions should not be an exception.
What do you think a fair commission to sell a $600,000 home should be?
Open for dialogue! Let me know what you think! You can comment here on you can email me to markojuras@shaw.ca.
4257 Springridge Cres, Saanich, SOLD
Pride of ownership evident in this well-kept home, same owner for the last 50 years!! Great family neighbourhood in the popular and convenient Northridge area with Northridge Elementary close by. Inside you will find an immaculately kept home with large living room, dining area with French doors that open onto a rebuilt deck, a solid kitchen and spacious master bedroom.
Listed by Marko Juras and SOLD!
Over $5,000 SAVED
Benefits of a newer home versus an older home.
It is important for your REALTOR® to be familiar with general building practices in order to explain the many differences between old and new.
It is important not to disclose sellers’ confidental information!
DESIGNATED AGENCY
When a brokerage designates a REALTOR® or REALTORS® to work
solely on your behalf in real estate transactions, the REALTOR® and
brokerage are bound by ethics and the law to be honest and thorough
in representing you. The brokerage must account for all money and
property placed in its hands while acting for you. The REALTOR® must:
• Provide undivided loyalty to you (Client) by protecting your
negotiating position at all times, and disclose to you all known facts
which may affect or influence your decisions;
• Obey all lawful instructions which you give the REALTOR® to act on
your behalf;
• Maintain the confidentiality of your information (financial, legal,
personal, etc.) (See following PRIVACY section);
• Use reasonable care and skill in performing all assigned duties in
the role as agent.
1450 Westall, Oaklands, SOLD
Updated Home Offering 3 Bedroom and 2 Full Bathrooms in a Great Family Neighbourhood. Wood Burning Fireplace in Living Area ,2 Bedrooms ,a New Bathroom , Separate Dining Area and a New Kitchen with Granite Countertops on the Main Level..Upstairs is the Master Bedroom with En suite and Walk in Closet.
Buyer represented by Marko Juras
REALTOR® commission comes directly out of your home equity!
When it comes to choosing a REALTOR® commission payable should be of high priority. The more commission you pay, the less equity you walk away with. There are plenty of effective business models out there so make sure to shop around.
Off Market, C15 – 920 Whittaker, Malahat & Area
On a large private corner lot adjacent to Spectacle Lake sits this updated 1998 single wide home with a professional addition. Big front entrance with front room and sitting area. A deluxe bathroom, marble top with double sink, jetted soaker tub & shower stall with leaded glass door. A nice master with dual closets. The living room boasts nice bright windows & wood burning stove. The kitchen has lots of cupboards, a pantry and eating area. The home is decorated with wainscotting and solid pine panels with engineered wood floors, giving this home a cozy country feeling. Newer washer/dryer. For the handy person you’ll find 2 workshops and a garden shed with power! Rural setting just 10 minutes to Mill Bay and 15 minutes to Langford/Colwood. A great alternative to a condo!
Feature Sheet — Park Rules & Regulations
Mere Posting: To arrange showings please contact Bill directly at 250-743-4439 or 250-888-2250.
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#1404-834 Johnson, Downtown, SOLD
This luxurious one bed one bath unit features a large terrace space with dedicated BBQ natural gas hook-up! Inside you will find an absolutely stunning entertainers U-shaped kitchen surrounded by windows with views of Craigdarroch Castle, Mount Baker and more. The 834—Downtown Victoria’s newest concrete building: modern, chic, and eco-friendly.
Listed by Marko Juras and SOLD!
Over $6,000 SAVED
4714 Crofton Place, Victoria, BC – Video Tour!
Check out this great video tour of 4714 Crofton Place!
#405-2880 Quadra, Victoria
ATTENTION INVESTORS: Top floor 2 bedroom suite with views, gorgeous sunrises, outside a bus stop, walking distance to shops & theater. Easy commute to UVic, downtown and other amentiies. In-suite laundry, pets allowed, and secure underground parking in a remediated building. This building is ‘rentals only;’ owners & their family CANNOT occupy. Currently rented for $1,183 per month with a long term tenant makes for a great low maintenance investment return! Interior pictures coming soon.
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September 12th, 2012 – Victoria, B.C. Real Estate Market Update
It is definitely a buyers’ market right now; however, most buyers don’t buy until prices starting going back up!
Limited Time Pre-Sale Condo Cash Back Offer!
What’s the Deal?
Pre-sales units sold by the developer typically sell at the list price with little or no negotiation room. In the past buyers had two options. For example, if a buyer was interested in a $300,000 pre-sale condo he or she could visit the developer’s showroom and enter into a contract for $300,000 – in this situation the buyer has no representation. Option two was to use a buyer’s agent (REALTOR®), the buyer would still enter into a contract for $300,000; however, the developer may pay the buyer’s agent a commission of 3.0%100k + 1.5%balance* or $6,000. As you can see, developers prefer to generate sales directly from the showroom as they don’t have to pay out a commission. Most developers count on approximately 70% of their sales being directly through the showroom as it is their direct benefit.
How does the Pre-Sale Cash Back Offer Work?
The Pre-Sale Cash Back Offer works by you using my services to represent you on your pre-sale purchase. I’ve made it very simple, I keep the commission on the first $100,000 and I give you the remainder of the commission on above $100,000. Not only are you able to achieve the best possible net price; you also receive representation from an experienced pre-sale REALTOR® who can help guide you through the process while avoiding common pitfalls. Please view the video below for more information.
Sale Price | Typical Commission Buyer’s REALTOR®* | Marko’s Portion | Cash Back |
$200,000 | $4,500 | $3,000 | $1,500 |
$300,000 | $6,000 | $3,000 | $3,000 |
$400,000 | $7,500 | $3,000 | $4,500 |
$500,000 | $9,000 | $3,000 | $6,000 |
$600,000 | $10,500 | $3,000 | $7,500 |
$700,000 | $12,000 | $3,000 | $9,000 |
$800,000 | $13,500 | $3,000 | $10,500 |
$900,000 | $15,000 | $3,000 | $12,000 |
$1,000,000 | $16,500 | $3,000 | $13,500 |
$1,500,000 | $24,000 | $3,000 | $21,000 |
$2,000,000 | $31,500 | $3,000 | $28,500 |
Real Estate in Croatia – Special Edition Blog!
Location, location, location…..expensive real estate in Croatia (in certain places).
710 – 65 Saghalie, Bayview Promontory, Songhees, SOLD
Promontory at Bayview Place offers clean, crisp architecture and unparalleled views of the Inner Harbor, Olympic Range, Sooke Hills, Upper Harbor and Mount Baker. Located in the Songhees community, the Empress Hotel and downtown Victoria’s shopping, restaurants, and much more is only 10 minutes away. Promontory is 21 floors of tailored, luxury living is a breath of fresh air in the Victoria landscape
Buyer represented by Marko Juras
2837 Austin Ave, Saanich, SOLD
Welcome home to this bright and sunny character cottage in the Gorge area on a ¼ acre lot. Within walking distance to grocery and coffee shops, medical offices, bus routes, and the beautiful Gorge Waterway it is hard to find a more convenient location.
Buyer represented by Marko Juras
#6 – 1405 Mallek, Victoria, SOLD
WOW, WOW, and more WOW! Over 1800sqft of multi level living available for your expanding family & lifestyle. This outstanding townhome features 3 large bedrooms, 3 bathrooms, a great floor plan, open entertaining areas with vaulted ceilings, a nicely separated layout, and a huge family room.
Buyer represented by Marko Juras
$3,975 CASH BACK to Buyer.
1600 Howroyd Ave, Saanich
Listed below assessment! Don’t miss out on this classic 1960’s home situated on a quiet street close to Uvic, recreation, shopping and transportation. Inside you will find a well maintained home with gorgeous refinished floors, coved ceilings, new paint, baseboards, and fireplace in addition to newer roof, oil tank, 200 amp electrical and much more. Downstairs you will find a clean, dry basement perfect for a 1 or 2 bedroom SUITE with solid ceiling height. Ideal for long term investment property or family home with potential mortgage helper. Lots of off street parking with backyard great for entertaining, children, pets, or gardeners!
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Successful Flat Fee MLS® Testimonial – Victoria, BC
Mike sold his home successfully using my Flat Fee MLS® package and saved $16,700 in commission (based on 6%100k + 3%balanace).
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