Parksville Qualicum Beach News Real Estate Friday, December 9, 2011

THE NEWS, Friday, December 9, 2011 B9 www.pqbnews.com

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B10 THE NEWS, Friday, December 9, 2011 www.pqbnews.com

The Vancouver Island Real Estate Board (VIREB) represents over 900 REALTORS and administers the Multiple Listing Service system north of the Malahat to the northern-most reaches of the Island. This article was provided on behalf of VIREB REALTORS for the information and benefit of consumers. For more information, visit the Vancouver Island Real Estate Boards website online at www.vireb.com or call 250-390-4212.

Choosing The REALTOR Whos Right For You.If youre selling or buying a home, you know its a process that cant be rushed. You need time to make the right choices and decisions. After all, selling or buying a home is one of the largest and most important business transactions in which youre likely to be involved.

As a result, youll need to work with someone who understands your needs and wants -- someone you trust and with whom you feel comfortable. Thats why its important to work with a REALTOR and to know how to go about choosing the one whos right for you.

By de nition, a REALTORs primary role is to bring buyers and sellers together to facilitate a sale. A REALTOR is a licensed real estate professional who is a member of the Vancouver Island Real Estate Board and therefore has access to the Multiple Listing Service (MLS) run by the Board.Both terms, REALTOR and MLS are trademarks owned by The Canadian Real Estate Association (CREA). Members of the local Board are also members of CREA and therefore are permitted to use these trademarks.

When you work with a REALTOR you can expect strict adherence to provincial law, as well as to a national Code of Ethics -- ensuring youll receive the highest level of service and integrity.

Real estate professionals know their markets inside-out because they inspect open houses and research all listings. As a result, they have expertise in assessing what comparable homes are selling for within any given neighbourhood.

HOW DO I FIND A REALTOR?There are many ways to go about nding the REALTOR whos right for you. First, try consulting friends, relatives and neighbours to see if they can recommend someone. You may also want to try searching through local newspaper real estate advertisements.

Open Houses are also a good way to meet REALTORS, especially if youre interested in purchasing a home.

You can also refer to real estate signs in your chosen area. If no name appears, call the phone number on the sign and ask to be referred to a REALTOR in that rm.

Some people mistakenly contact the real estate board for referral to a REALTOR. A real estate board does not provide a referral service for REALTORS. The Board was created to provide services to its members. Still, the Board will con rm whether a real estate practitioner is a member, and therefore a REALTOR.

THE INTERVIEW

When choosing a real estate professional, its a good idea to talk to two or three sales representatives from different companies to determine what types of information and experience they and their companies have to offer. Dont be afraid to ask questions. If youre selling your home, ask those you interview about the type of marketing plan they have in mind for your home.

Obviously, youll want to learn of their reputation and reliability. You may also want to consider asking for references from buyers or sellers with whom the REALTOR has worked.

Further, since youll be working closely with a REALTOR for weeks or possibly months, its a good idea to choose someone who listens to what you say, asks intelligent questions and shows a genuine interest in helping you.

PREPARATORY WORKKeep in mind that REALTORS cannot work independently of your input. You must be willing to do some preparatory work yourself and be prepared to dedicate a certain amount of time to working with the REALTOR you have chosen.

So, before you enlist the help of a REALTOR, you should have a clear set of objectives in mind. Be honest and open in discussing your nancial situation and, if youre buying, carefully review the features you absolutely must have in a home, versus those features youd merely like to have.

LOYALTY IS A MUSTIts also important to remain loyal to the REALTOR youve chosen if he or she has earned your trust. This person will be spending a lot of time and effort on your behalf, but wont be paid until the transaction is completed.

If youre a buyer, getting involved with several REALTORS can create unnecessary and confusing duplication of effort. In fact, buyers who deal with several REALTORS may miss out on the high level of interest and comprehensive service one is entitled to expect by working closely with a single, competent REALTOR.

COOPERATION REALLY WORKSRemember, although youll be working with one REALTOR, members of the Board cooperate extensively with each other to facilitate showings and sales for the bene t of other clients and customers.

So, if you see a For Sale sign on a house in which youre interested, simply ask the REALTOR youre working with to arrange an appointment to view the home. This service is, in fact, what the Multiple Listing Service system is all about -- REALTORS cooperating with REALTORS to bring buyers and sellers together to achieve their mutual goals.

PeligrenPeligrenDirect: (250) 228-5558Of ce: (250) 248-2488Email: [email protected] CRAIG STREET, PARKSVILLE, BC

Vancouver IslandVancouver IslandRealtyRealty TIM

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THE NEWS, Friday, December 9, 2011 B11www.pqbnews.com

W E E K L Y

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OPENHOUSESat. Dec. 1011:00am - 1:00pm

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OPENHOUSESat. Dec. 102:00pm - 4:00pm

For changes to Open Houses, please visit mywebsite at: www.richardgoldney.com

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