Browsing the archives for the Real-Estate category

Units Available For Sale In New 162 Storey Condo

Comments Off on Units Available For Sale In New 162 Storey Condo
News, Real-Estate

I would like to thank Grant Sorensen, who recently stumbled across our blog. Grant, who shares my interest in all the development that is occurring around the city, pointed out that our blog post titled, “Vancouver Condos Recently Completed, Under Construction or Proposed” is in need of updating. The Orpheum Condominiums Project, 833 Seymour Street is now known as Capitol Residences, www.capitolresidences.com. He also pointed out a development that I overlooked, Atelier on Robson.

Grant also suggested I look at a new development in Dubai. The Burj Dubai has been under construction since April, 2005. Its final height is officially being kept a secret due to competition; however, rumours suggest that the final height will exceed 800 metres (2600 feet) and the total number of liveable floors is expected to be 162. I was able to find a 1100 square foot unit for sale for 2500000AED, which amounts to just over $800000 CAN. That seems to be quite a bargain in comparison to downtown condo prices here in Vancouver. If you are interested in purchasing a unit in the building, check out the official website, www.burjdubai.com for more information.

Real Estate Channel – 3 Free Listings

Comments Off on Real Estate Channel – 3 Free Listings
News, Real Estate Channel, Real-Estate

I just spoke with Leon Ng of the Real Estate Channel (www.realestatechannel.ca). He informed me that they are offering new members 3 free listings a month for a year. To become a member, a realtor needs to only purchase one of their packages. Their packages are affordable and in return they receive a 30 second advertisement video in rotation on their network and the video hosted on their website. The Real Estate Channel works hard to promote realtor listings. They also have done a great job supporting/promoting their clients by drawing from their membership when they need real estate experts for their on-air interviews.

For our clients that are interested in this offer, we are able to produce your video for the Real Estate Channel as part of our services. Do you have a few active listings? Interested in advertising on television? Video Openhouse can help you get your listing on the Novus Network’s Real Estate Channel.

Want To Know What Your Neighbours Paid For Their House?

Comments Off on Want To Know What Your Neighbours Paid For Their House?
News, Real-Estate, Technology

I have heard a lot about assessments these days. It is my understanding that they had not been kept up to date and with skyrocketing housing prices in the Lower Mainland, some homeowners are going to be hit with a big increase in the taxes. To help residents determine if their assessment is fair, BC Assessment has opened up their online database for free to the general public until March 15th. Type in your address and the query will return the last sale price and the value of your assessment for you and other residences on your street. Want to know what your neighbours paid for their house last year? Check it out on the BC Assessment website – Assessments and Sales by Address 2007.

Another great feature, if you are looking to buy or sell a home, is their Sales Select Sysytem 2007. The system allows you to specify a neighbourhood and property type and returns the selling price of the first 100 sales closest to July 1st, 2006 are returned. These services are always available to the general public but are free of any fees for the next 2 months.

Google Tools For Real Estate Professionals

Comments Off on Google Tools For Real Estate Professionals
Helpful Tips, Real-Estate, Technology

I had a friend forward some interesting information about Google’s new Tools For Real Estate Professionals webpage.  It seems that Google has increased interest in the real estate industry.  And they have some very impressive statistics support their cause.  They claim that “over 56% of all Internet searches on ‘real estate’ and related terms are conducted on Google … and the majority of those searchers are actively looking for listings or referrals to brokers and agents.” 

By providing a suite of useful tools for professionals in the real estate industry, is Google attempting to bolster their listing service, Google Base?  That would seem to be the case.  Recently, Google Base upgraded their interface and created tools to easily publish real estate listings.  Posting a listing on Google Base also ensures that the property will be indexed by their search engine.  Google’s listing service is a great tool, but it is a distant second in comparison to the free listings leader, craigslist.

Most of you will already be familiar with the tools:

Google AdWords – Cost-per-click keyword advertising for effective local lead generation

Google Maps – High performance mapping experience

Google Earth – Harnesses the power of 3D satellite imagery

Local Business Center – Submit business listings easily

SketchUp – A powerful tool for creating, presenting, and modifying 3D models

The Tools for Real Estate Professionals webpage failed to mention their other free products such as Gmail, Google Calendar, Online Spreadsheets and Picassa (photo organization).  By providing easy to use tools, Google will be able to attract more real estate listings, and ultimately create a better search experience for anyone looking for real estate.  But can they catch craigslist?

 

Technology Gives Real Estate Agents and Buyers New Tools

News, Real-Estate, Technology

About a month ago, I read an article on the boston.com website. The news-story basically outlined how technology is being used in the process of buying and selling homes in the US. I would like to highlight some of the key points from the article:

  1. A recent National Association of Realtors survey showed that 80 percent of home buyers used the Internet to search for a home in 2006
  2. Web sites are replacing paper listings
  3. Making transactions smoother and quicker is important in a slow real estate market
  4. The majority of clients come from the Internet

The article also gave an example of a home buyer who found his condominium on the Internet, financed the sale over the phone and spent only three hours on the walkthrough, inspection and closing. The new home owner never even met the listing agent or the mortgage broker. Essentially, the article highlights how the real estate industry is undergoing a radical change. The traditional methods of prospecting for new clients are changing as well. Technology is offering an opportunity to generate more business for those with an understanding of how to capitalize on these trends.

Selling in the Spring? Take Your Pictures and Video at Christmas

Home Staging, News

Planning on selling your home in the Spring? If you are, this is a great time to have Video Openhouse in to your home to shoot video and take photos. It seems illogical at first, Christmas being the busiest time of year for most of us. But if you have taken the time to decorate, there may not be a better opportunity to have pictures taken.

Professional staging companies try to create an atmosphere where potential buyers can imgine themselves living in the spaces they create. Christmas trees with glass ornaments, stockings hung on a fireplace, twinkling lights and candy canes all create a warm, family atmosphere. It is these emotions that create a sense of attachment, that make potential buyers want to purchase a house. Selling your Home? Prepare for the New Year by taking advantage of the opportunity that the holiday season presents!

Video & Virtual Tours – Privacy and Security

Helpful Tips, Home Staging

We attended the Vancouver Real Estate Tech Meetup held by Ubertor founders, Michael Stephenson and Stephen Jagger earlier this week. The Meetup is a chance to learn about the changing Real Estate market and technologies that are currently available. Stephen’s brother, Michael Jagger of Provident Security, spoke briefly about how blogging has impacted his business and about residential security issues.  Thanks to Dara Sklar of Realty Support, who suggested that we write about security issues surrounding the use of video or virtual tours.

Our Video Openhouse tours are essentially an online open house. In our marketing material, we state that “our tours captivate the Internet audience by featuring the best features of a home.” In our photography and videography, we try to focus on the elements that are a physical part of the home such as fireplaces, custom work such as floors and mouldings, bathrooms, kitchens. Although it is not always possible, we specifically try to exclude any stereo equipment, televisions and other valuables from our shots.

Most home owners have already discreetly hidden or removed their items that they do not want publicly displayed, in anticipation that there will be showings of their home. Recently, during a shoot, I was asked not to show a specific painting in any of the video or photos. With some co-operation and communication with the owners/residents, it is conceivable that all these security and privacy concerns can be addressed.

When filming amenities in the many condos scattered across the city, inevitably, there will be people working out in the gym, swimming in the pool or using the rooftop patio. Again, privacy concerns dictate that we try our best to avoid having people featured in our photos and videos.

I consider our Video Openhouse tour a great replacement for the traditional open house and a far safer alternative. I have often heard from realtors that most open houses attract more curious neighbors than interested buyers. Concerned strata councils often request agents meet all open house attendees at the front door of their condo to avoid allowing access to random strangers. Graham Kirby has a listing at 1861 Beach Avenue that illustrates how our video tour is being used as an alternative to the open house approach. His clients were very specific in their desire not to have people wandering through their exclusive condo. Interested buyers are being referred to the video first, essentially being pre-screened before they enter the property itself. If the video is edited with these issues in mind, I believe the security concerns are far greater with a house full of strangers at a traditional open house, than there are with any video or virtual tour.