The Smart Seller and Buyer Market Report SnapStats® At A Glance
Simple | Strategic | Local | Insightful
Get the competitive edge with indispensable local market intelligence that provides great insights on the supply/market demands. This easy and effective report is another great tool to use to craft a selling or buying strategy. Coupled with your Realtor® knowledge and expertise of the local market condition, SnapStats® supplies vital statistics that can help you make more money or save money depending if you are a Seller or a Buyer.
SnapStats® vs Your Board Statistics
How do SnapStats® numbers make more sense than what is currently available to you from the Real Estate Board? The Answer: SnapStats® successfully restructures, recalculates and redelivers the Board’s statistics each month with a single page summary for each city or real estate division.
SnapStats® shows you:
1. What the Official Market Type* is for individual price ranges. Is it a Buyers, Sellers or Balanced Market?
2. What the Official Market Type* is for individual neighborhoods.
3. What the odds are of a home selling today in any price band and in any neighborhood. (1 in 10? 1 in 100?)
4. The past twelve-month trends for sale prices, active listings and number of sales.
5. Year-to-Date Stats & Variance – Optional & Complimentary by request
SnapStats® numbers educate you on the opportunities of current inventory levels, prices and official market types today so that they you capitalize on these markets tomorrow.
Official Market Types according to the Real Estate Board of Greater Vancouver and most industry analysts:
0 – 14% Buyers Market
15% – 20% Balanced Market
21% & Greater Sellers Market
A Great & Powerful SnapStats® Story
A great example of the power that SnapStats® delivers to my clients was when I listed a home at $399,999 knowing that the price range of 300K-400K had a sales ratio over 40% vs the price range of 400K-500K at 25%. In that
situation, my client ended up selling his property in 4 days over asking at $416,000.
Few weeks after, the same client wanted to buy Penthouse that was listed over $1 million dollars. We knew the Seller’s asking price was sitting in a price range with sales ratio that was typical of a Buyer’s Market. I made an offer
using the local comparable as well as SnapStats® and bought it at 12% below asking!
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***My SnapStats® report includes the stats on all the local neighborhoods for Detached & Attached
properties located in Metro Vancouver (Vancouver Downtown, Vancouver Westside, Vancouver
Eastside, North Vancouver, West Vancouver, Richmond, Tsawwassen and Ladner) and Greater
Vancouver (Burnaby, New Westminster, Coquitlam, Port Coquitlam, Port Moody, Pitt Meadows and
Maple Ridge). For any other cities or areas, please send me your request for further information.