REALTOR® Marko Juras Victoria, B.C.

Marko Juras is a top producing REALTOR® in Victoria, B.C. with 100 MLS® properties SOLD in 2017.

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  • SOLD by Marko (1,173)
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What is a reasonable deposit amount? Completion dates, and other factors, are important too!

October 4, 2013 by MarkoJuras

Filed Under: Weekly Video Blog

Getting a “deal” on a home these days? Near impossible…

October 4, 2013 by MarkoJuras

Unless you buy from family or friends!

Filed Under: Weekly Video Blog

Reasonable notice for a showing request?

September 24, 2013 by MarkoJuras

Try to exercise common sense!

Filed Under: Weekly Video Blog

Is showing feedback useful when selling a home?

September 24, 2013 by MarkoJuras

Sometimes yes, often no.

Filed Under: Weekly Video Blog

As technology moves forward does the demise of the REALTOR® profession draw closer?

September 12, 2013 by MarkoJuras

Probably not, but compensation models will evolve accordingly to reflect improved efficiency in technology.

Filed Under: Weekly Video Blog

Prices in Victoria flat over last 6 years, positive or negative looking forward?

September 12, 2013 by MarkoJuras

Filed Under: Weekly Video Blog

Buying a home in Victoria, B.C? Check out these resources: GIS Maps, VicMaps, CRD Atlas.

September 3, 2013 by MarkoJuras

 

VicMap – http://www.victoria.ca/EN/main/community/maps.html

GIS Map Service – District of Saanich – http://www.saanich.ca/services/gis/index.html?ref=shortURL

CRD Atlas – http://crdatlas.ca/

 

Filed Under: Weekly Video Blog

Victoria, B.C. the flattest real estate market in all of Canada since January 2008!

September 3, 2013 by MarkoJuras

Victoria, B.C. the flattest real estate market in all of Canada since January 2008!

Since January 2008 Vancouver is up 17%, Winnipeg up 43%, Montreal up 29%, Quebec up 50%, Toronto up 33%, etc.

Victoria flat (down 1%) over 5 years! Only Calgary and Edmonton are in the same league but the difference is that their market is hot while ours is stagnant.

Filed Under: Weekly Video Blog

Brand New IKEA kitchen in Fairfield, Victoria with an owner review!

September 3, 2013 by MarkoJuras

This IKEA kitchen was installed by http://www.ikaninstallations.com/

Filed Under: Weekly Video Blog

Does this home have a 100 amp or 200 amp electrical service?

August 19, 2013 by MarkoJuras

 

Is 100 amps enough? Sometimes it is.

Filed Under: Weekly Video Blog

REALTOR® placing a sold sign in-front of a property they didn’t have listed!

August 19, 2013 by MarkoJuras

What da?

Filed Under: Weekly Video Blog

The Duet at 640 Michigan by Chard Development in Victoria, B.C.

August 19, 2013 by MarkoJuras

 

Read my full review of the Duet at http://vibrantvictoria.ca/local-news/condo-review-duet/

Filed Under: Weekly Video Blog

Bayview Promontory Progress Update!

August 12, 2013 by MarkoJuras

Concrete up to the 19th floor, windows up to the 12th floor, and drywall has started on the 3rd floor!

Filed Under: Weekly Video Blog

Real Estate Myth Buster #6 – Is a “CASH OFFER” always the best offer?

August 7, 2013 by MarkoJuras

 

It really depends. A “CASH OFFER” is great if it is completely unconditional (rare); however, if it is conditional it might not necessarily be the best offer.

Filed Under: Weekly Video Blog

August 5th, 2013 – Victoria Real Estate Market update my Marko Juras

August 7, 2013 by MarkoJuras

For the full report visit http://www.vreb.org/mls_statistics/current_statistics.html

Filed Under: Weekly Video Blog

It is more difficult to insure properties in Victoria for a variety of reasons!

July 27, 2013 by MarkoJuras

Some issues including knob & tube wiring, aluminum wiring, older oil tanks, old stoves, etc.

Filed Under: Weekly Video Blog

Why is the condo market in Victoria, B.C. depressed?

July 27, 2013 by MarkoJuras

Marko’s three contributing factors to the downturn in the condo market:
i.  Financing is a lot more difficult then it used to be.
ii.  Depreciation reports.
iii. Overbuilding of new condos.

Filed Under: Weekly Video Blog

Real Estate Myth Buster #5 – Are REALTOR® stats in Real Estate standardized for guaging REALTOR® performance?

July 1, 2013 by MarkoJuras

 

Nope! There are many different ways to spin statistics….enjoy the video.

Filed Under: Weekly Video Blog

Majority of REALTORS® in BC are “discount,” compared to those in Ontario!

June 24, 2013 by MarkoJuras

 

A different perspective on things….on the meaning of “discount.”

Filed Under: Weekly Video Blog

Four things that stand out at the Bayview Promontory, 83 Saghalie, Victoria!

June 17, 2013 by MarkoJuras

 

For more information on the Bayview Promontory read my review -> http://vibrantvictoria.ca/local-news/condo-review-bayview-promontory/

Filed Under: Weekly Video Blog

Real Estate Myth Buster #4 – Does the listing REALTOR® actually “sell” the property?

June 10, 2013 by MarkoJuras

 

The reality is the listing REALTOR® is only the selling REALTOR® (introduces buyer to the property) in approximately 10% of situations. In 90% of situations the selling REALTOR® (also known as the buyer’s agent) is someone else. Which begs the question…..why is the listing commission traditionally split 50/50?

Filed Under: Weekly Video Blog

Zoocasa launches new website and offers buyer and seller rebate program!

May 26, 2013 by MarkoJuras

Zoocasa, owned by Rogers Communications, is offering buyer and seller rebates! Could this be a game changer in real estate in Canada?

Filed Under: Weekly Video Blog

Real Estate Myth Buster #3 – What motivation do brokerages have in terms of recruiting REALTORS®?

May 20, 2013 by MarkoJuras

It’s pretty simple. The way most modern real estate brokerages work is they charge their REALTORS® a “desk fee.” For example, a desk fee can be $500 per month. On top of that brokerages typically also charge something called a “deal fee” which is paid to the brokerage for each successful transaction a REALTOR® executes. For example, a desk fee can be $250 per successful transaction.

The desk fee is not dependent on sales; therefore, it is the most consistent stream of revenue for many brokerages. If a brokerage has 100 REALTORS® their monthly revenue from the $500/month desk fee will be $50,000; however, if they have 200 REALTORS® their monthly revenue will be $100,000.

While productive agents are ideal, the number of REALTORS® at a brokerage is likely the key to success. For the most part, real estate brokerage will recruit anyone with a licence. It doesn’t matter whether you have one week of experience or 20 years of experience the monthly desk fee is the key to success.

When I received my licence many brokerages offered me large incentives to join the brokerage. Few asked what I had to offer, it was more of a sales pitch in terms of why I should join their brokerage. When you think about it – it makes sense. The brokerage is most interested in the desk fee. Productivity is the bonus.

Filed Under: Weekly Video Blog

Market Update for May 15th, 2013 – New listings are down for 2013!

May 15, 2013 by MarkoJuras

2012 Jan – April New Listings: 5,261
compare to 2013 Jan – April New Listings: 4,758

Filed Under: Weekly Video Blog

Real Estate Myth Buster #2 — “The more commission you pay the more you get!”

May 15, 2013 by MarkoJuras

When it comes to real estate commissions, sometimes you can pay a whole lot LESS while receiving a whole lot MORE in terms of services and experience.

Filed Under: Weekly Video Blog

Real Estate Myth Buster #1 – “A large portion of a Realtor’s commission is paid to her/his brokerage!”

May 4, 2013 by MarkoJuras

“A large portion of a REALTOR’S® commission is paid to her/his brokerage!”  This is myth. Twenty some years ago REALTORS® paid hefty commission splits, upwards of 30%, to their brokerage; however, this is not the case anymore. The majority of successful REALTORS® pay a rather small fee to their brokerage on every transaction.

For example, I work at Fair Realty in Victoria, B.C. and I pay $150/month for something called a “desk fee” to my brokerage. In addition to that I pay $250 per transaction; whether the commission is $5,000, $10,000 or $25,000 I pay the same $250 transaction fee to my brokerage.

In fact, the 6th largest brokerage in all of Canada, Right At Home Realty Inc., also charges a similar amount: $79 per month, $275 per transaction, 100% commission. Right at Home Realty Inc. started in 2004 and has grown every year to over 2,300 REALTORS® in the Greater Toronto Area. You can look at what they offer to REALTORS® on their website -> http://www.joinrightathome.com/

Filed Under: Weekly Video Blog

How much does it cost to build a home in Victoria per square foot?

April 27, 2013 by MarkoJuras

And why is it expensive?

Filed Under: Weekly Video Blog

Mere Postings, also known as “Flat Fee MLS®,” sales increasing in Victoria

April 26, 2013 by MarkoJuras

Essentially what a mere posting amounts to is a For Sale by Owner (FSBO) that appears in the MLS®. Take a look at my website under the “Sellers” for more details!

Filed Under: Weekly Video Blog

Zoocasa now a member of the Victoria Real Estate Board!

April 22, 2013 by MarkoJuras

Zoocasa, an online service for people searching for a new home, is seeking to become a licensed real estate brokerage as it pushes further into the business.

The young firm, which is owned by Rogers Communications, does not plan to employ any agents of its own, president Carolyn Beatty said in an interview. But it is looking to become a brokerage in every province, starting with Ontario, with the aim of accessing the latest housing data. The company needs to become a licensed broker to get the most up-to-date listings information from local real estate boards.

http://www.theglobeandmail.com/report-on-business/economy/housing/zoocasa-makes-push-to-become-licensed-real-estate-brokerage/article10252888/

Filed Under: Weekly Video Blog

Seller Psychology Behind Real Estate Commissions!

April 7, 2013 by MarkoJuras


Would consumers pay the commissions they do if they had to pay real estate commission up front? In my opinion, probably not.

Filed Under: Weekly Video Blog

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Full Service MLS® – 3.0%

Our philosophy is to offer full service, while at the time, offering a lower commission and providing for a fair co-operative brokerage commission of 1.5% (the amount offered to buyers' REALTORS®).  With the Full Service MLS® you are able to save money without hurting … Click here for more information!

Flat Fee MLS® – $1,199

From 2010-2025, based on VREB statistics, Marko Juras was the listing REALTOR® on over 30% of ALL sold mere postings in Greater Victoria.  All direct mere posting competitors combined had less than 70% market share of sold mere postings.  Local expertise … Click here for more information!

  • All Listings (19)
  • SFH (12)
  • Condo & Townhome (7)
  • SOLD by Marko (1,173)
  • Sellers
  • Buyers
  • About Marko
  • About Rulon
  • Contact Us

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Marko Juras Personal Real Estate Corporation, Fair Realty, Victoria, B.C.

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