Category Archive for "Myths Of Real Estate"

Myths Of Real Estate: #3 Foreclosures Are A Great Deal

Ryan Coffey

I sometimes hear people getting excited when they see a place that’s being sold as a foreclosure. They are excited because they believe the place is going to be a really great deal for whoever buys it. This idea that…

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Myths of Real Estate: #2 Location Location Location

Ryan Coffey

Apparently, this “Location, location, location.” quote is originally attributed to a fellow by the name of William Dillard. This was his response to the question of how he made his fortune in what was recently considered the third largest chain…

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nanaimo real estate market

The Media is Always Talking About Real Estate Markets Going Up and Down. Why?

  Short answer: I would say that  it”s because they need something “new” to talk about to make it “news” and because it creates a sense of drama. Painting a picture of the real estate market that makes it seem…

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real estate terminology

How Not to Choose Your Home

Ryan Coffey

A few years back, I wrote this post about how not to sell your home. It was a little tongue in cheek as is the below but it is worth knowing about. There are certain ideas or habits that some…

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“What is the best time of year to buy or sell real estate?”

Ryan Coffey

Short answer: It doesn’t make that huge of a difference for the most part. It is more important that you are ready both financially and situationally than what time of year you buy or sell. Sort of long answer that…

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Nanaimo real estate: 2014 Year in Review

Watching what goes on in the real estate world is always pretty interesting to me and this year has been more so than usual. For much of it I was too busy to put up much in the way of…

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A Reminder About Property Tax Assessments and What They’re Not For

I have quite a few conversations with people about property tax assessments. It is a theme that comes up fairly often, especially around this time of year, and has been frequent enough to make me write posts on this blog…

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nanaimo real estate market

The Media is Always Talking About Real Estate Markets Going Up and Down. Why? (Part 2)

Rather than making the last post go on for many pages I thought it best to do it in two pieces. The following is an exploration of a point which I think deserves more press than it gets regardless of…

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Myths Of Real Estate: #6 Calling the Realtor with the most listings is a good idea

Ryan Coffey

You’ve seen these guys. Lots of bus benches around town, ads all over the place often touting themselves as #1. They have a lot of listings and will often have all sorts of bells and whistles on their signs and…

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Myths Of Real Estate: #5 Up Markets Are Good, Down Markets Are Bad.

Ryan Coffey

This one is related to myth #1, but it is sufficiently different in my eyes to warrant its own post. Besides, this is the number one question I get when people want to start a general conversation about real estate….

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