Lower Mainland RE/MAX Market Share Report / Oct 2011:Langley RE/MAX Market Share Reports and 5 new ones

Good news fellow RE/MAXERS, at 14.3% you have the highest local market share in October month. You are selling homes 7 days faster than Homelife.  Awesome Victories!   , please tell me how much you think the average SFR prices fell from the spring peak.  Do check the Seaspan "Moss Moloney" interview video cast and let me know if you want to do one for another month. BTW ask your broker for a office presentation. Bill Coughlin

Re/Max Market Share Reports (& 5 news ones)

Choose the RE/MAX Market Share Report for any of the following cities
Abbotsford  Burnaby- New West  Chilliwack  Coquitlam / Port C./ Port Moody   Ladner / Tsawwassen / Delta  Langley 
Maple Ridge / Pitt-Medws  Mission   North Van  Richmond  Surrey- N Delta   Vancouver Westside  West Van  White Rock- S Surrey
Fraser Valley FVREB  Vancouver REBVG

  Click Here to download and PRINT the MANY Free reports!

Remax Report ...If you cannot see this image   you need to click through the top link

  Click Here to download and PRINT the MANY Free reports!

Remax Report ...If you cannot see this image   you need to click through the top link

Remax Report ...If you cannot see this image   you need to click through the top link

Hello  fellow Re/Max Agent.. please enjoy and use these reports to assist you in closing that next listing.
These reports are complied for you for free.. volunteers and comments appreciated.  If you would like to sponsor this city let me know.
NOTE:
This representation is based in whole or in part on data generated by the Real Estate Boards of Greater Vancouver, Fraser Valley, Chilliwack which assume no responsibility for its accuracy.

Previous Monthly Report              
The Cumulative report.. the BEST REPORT for your CMA to help you win the listings.                                                                                                                                                                      Copyright © 2011 by Bill Coughlin                     download xls


The RE/MAX RE/PORT has been available to every RE/MAX office in the Lower Mainland since 1985,
and Victoria and Vancouver Island since 1997. In December 1999, it was moved to the Internet and renamed the RE/MAX RE/PORT - Online.
In 2003 the Kamloops and District Board was added- removed,and the Okanagan Mainline Real Estate Board offices joined in 2006.
In 2007, the BC Northern Real Estate Board became our 7th Board 

Wow.. 53% readership already!!
Thank you for all your suggestions!    

 

Please help us connect to rest of Langley's RE/MAXERS!

tell them to email me at [email protected] 
or register their name on right

The NOT connected list of 

Langley's RE/MAXERS  

Gary Becker
Cherri Chalifour
Kathleen Christensen
Bryan Coombes
Leslie Coutts
Glenn Duff
Tammy Evans
Dale Frey
Joel Garisto
Yvonne Gelderen
JoAnn Gordon
Steven Harder
Gary Hooge
Dean Hooseman
Jason Howlett
Jim Hughston
Ann LaPierre
Janet Lee
Carol Little
Susan Marquis
JoAnne Maynes
Robert Maynes
Mercia McKitrick
Brittany Moore
Roy Mufford
Darren Neuhaus
Ferne Northcott
Garth Olson
Pamela Omelaniec
Nancy Pinchin
Clare Player
Will Rempel
Dave Robles
Denis Ross
Tyler Schacter
Pamela Stadnik
Jodi Steeves
Jeff Streifel
Rob Visnjak
Michael Wilson
Alistair Young
Tony Zandbergen

, if your name is above.. do not worry ...
we will now remove your name from the list next month!
Thanks for joining us! Bill Coughlin

RE/MAX Reports
Request


*Full Name:
          
*RE/MAX Office:
          
*Email:
          
*City:
          

 
All About these Reports

Seaspan Windfall
Interview

Videocast Interviews needed!
, if you want more exposure to majority of RE/MAXers and the public (1,00's) of as the local expert and generate referral business and leads....

If you have news worthy information about new jobs, new money investments and market trends, or have connections to mainland China, India, South Korea, Iran etc.

PLEASE reply here and lets do a marketing interview!  More Info

 Coaches: Brian Buffini, Joe Stump, Richard Robbins, Craig Proctor, more

Accountability Partnerships
 Invitations  Networking blog

Re/Max Reports

Fraser Valley FVREB 
Vancouver REBVG
 

Office Meeting Invitation

You can request an in office presentation for an overview of " How all the statistics can help you better understand the market projections and get more listings at sharper prices".  more info

 

HI  I'm Bill Coughlin Re/Max Little Oak Realty Abbotsford

I want to help you with market updates every two weeks to show you the current and the future market changes in .

, I love statistics to the 9th degree and back in 1983 I started analyzing the absorption rates and developed a very detailed Home Price Index.
Monthly I will be sending out the Re/Max Market Share Reports to 1,100+ Re/Max agents in the lower currently I'm doing the local 17 cities and will move into the other Real Estate Boards when time or as volunteers arrive.

I also do the %SOLD STR Sell-through rates, the MTI market trends , and a very detailed HPI Home Price Index for our 17 lower mainland market areas which is published in the (VancouverMarketReports.com) Please volunteer to help!

For the Abbotsford, Mission and Chilliwack areas do send me your referrals!  :) Bill Coughlin  778.374.3744


 If you cannot see this image   you need to click through the top link

 Right Click any image to save to your computer

The Lower Mainland Real Estate Market Reports
温哥华里士满加拿大不动产市场变动
 
Index  Abbotsford,  Mission  ChilliwackLangley,  Surrey,  White Rock,    East vrs West  
Richmond,
  East Van,  North VanBurnaby,  Coquitlam,  Maple Ridge

If you cannot see this image   you need to click through the top link

 Right Click any image to save to your computer

 

How can I trust this data?? 
Please  download the data and check out our calculations yourself and help us make it perfect ..all suggestions appreciated . If the XLS spreadsheets is not attached then just request it and we will send it to you.send me the data so I can check the calculations

The Goal is to help Re/Max Brokers and Agents have conclusive data to demonstration your current LOCAL market leadership and performance to assist your agents to get the listing over the competition. Much of this information you probably currently pay staff to compile ..so we hope to help you save some costs.

  1. When selling a home in Abbotsford Re/Max is your best choice because of the following reasons:
    1. Chances are that a Re/Max Agent will sell your home over the competition:
      1. (Here the Re/Max Total sales including "Out of Area" Re/Max agents are counted
         
    2. Listing with a local Re/Maxer gives you a higher chance of selling;
      1. eg; your LOCAL Re/Max agents produce $$$$/ agent and the other guys produce less (Local City area only).
         
    3. Note:( here I remove the out of town Re/max agent production for these calculations) eg: Focusing on what is the Local Re/Max agent is producing in the Local Area rather than the office total. I do not calculate in the out of town agents local volume, but divide the local agents volume by the number of local agents to give you the highest volume per agent . If I factor in the 30% out of town agents volume that sell 1 house here and there then the Re/Max volume counting all those agents would dramatically drop the volume/ agent. So I focus on the local volume per local agent when ever practical ..
      1. Note: the listings and sales by non local agents in Chilliwack about 26% and in the Burnaby area it is nearly 75%. I think it is important to stress local office performance as stronger value than an out of town agent's services.. eg:LOCAL offices are involved in the community, know the neighborhoods, have office tours and have a strong local agent support base.

I have now added in two major new statistics to really help you get the Re/Max success story across and list more homes.

  1. Number of days on the Market to sell (Yah...... this one is usually a lower number than all the competition)
     
  2. You get more money when you sell with Re/Max (Yes Re/Max has the smallest discount from List price to Sale price of most all companies) Some companies really BUY their listings and then have huge discounts when they finally sell.
    Bottom line we usually have have market share, office tours and have more exposure, resulting in a higher and faster sales price and now those facts are in print for your agents to use as listing tools. In fast markets the less informed offices can Under list and result in average prices well over list price.. So I will continue to adjust this report to demonstrate the extra professionalism of the Re/Max agent.

The VancouverMarketReports.com has even more detailed listing aids ( reports every 2 weeks)

  1. Absorption Rates (STR the Sell-Through-Rates /month) this is a very useful tool to determine if the market is going up or down and help the seller better price their home.
     
  2. The Market Trend Indicators ( MTI ) This is the forward projections based on increasing or decreasing inventory levels. This is a wonderful tool for helping the customer see 1 month into the future. 
     
  3. Sales Discount Rates (SDR) Average ( median): this is the difference from the List Price to the Sales price. This is our strongest indicator of market changes. When time allows and demand is there for the report ..an update every 2 weeks is the goal.
     
  4. Home price Index; (HPI) Many boards actually don't do Home price indexes and in general the boards that do produce HORRIBLE indicators of anything valuable. Local boards will average the 2 bedroom home and the 6 bedroom home, or a high end lot home and low end lot home and determine the average price with little adjustments.. So if the high end drops $100,000 and you sell more high end homes that month then the HPI (average) shows the prices went up instead of down???
    1. Note:We tempt to use very narrow study criteria to compare standardized home sizes and similar lots and areas.

 there are extensive Abbotsford Market reports Click Here

The Lower Mainland Real Estate Market Reports
温哥华里士满加拿大不动产市场变动
 
Index  Abbotsford,  Mission  ChilliwackLangley,  Surrey,  White Rock,    East vrs West  
Richmond,
  East Van,  North VanBurnaby,  Coquitlam,  Maple Ridge




If you would like some customized    reports let me know, or  if you would like to sponsor  or another area let me know.

For the Abbotsford, Mission and Chilliwack areas do send me your referrals!

Bill Coughlin 
Re/Max Little Oak Realty 
1-778-374-3744

[email protected]

, if you do not want any more Re/Max market reports from me PLEASE reply Remove to this email.


 

Bill Coughlin
RE/MAX Little Oak Realty

call me 1-778-374-3744
Email: [email protected]


Videocast Interviews needed!

, if you want more exposure to majority of RE/MAXers and the public (1,00's) of as the local expert and generate referral business and leads....

If you have news worthy information about new jobs, new money investments and market trends, or have good connections to mainland China, India, South Korea.

PLEASE reply here and lets do a marketing interview!  More Info

Sespan Windfall
by Moss Moloney

Bill Coughlin
RE/MAX Little Oak Realty

call me 1-778-374-3744
Email: [email protected]

 

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