Vancouver Island Real Estate News from TeamW - Rudi Widdershoven August 2013   

Hi Paul,

We hope that you have been enjoying some of the great weather we have experienced since the end of June.  Yes, August has had some gloomy days however there is not much to complain about and lots to be grateful for.  It is expected that the balance of the month and September will be enjoyable as well.

We have been blessed to be active with our business as well as family visiting, co-hosting the 35 year reunion for fellow troop mates that began training in the RCMP in August 1978, co-hosting a Leo party and taking in a 3 hour cruise on the SS Minnow - thank you Quality Foods.

Thanks so much for checking out this month's newsletter.  Please get in touch if you have any questions or comments regarding the articles, or real estate in general -- it'd be great to hear from you!

Warmest Regards,
Rudi W.

In this issue...
Steady Vancouver Island Market Growth Continues Through Summer 
Multiple Listing Service® (MLS®) sales summary data for July released by the Vancouver Island Real Estate Board (VIREB) shows housing sales activity Single family sales activity continues to be on the plus side in comparison to the same time frame in 2012.  Though July saw equal number of sales the 1st 7 months of the year is up 14% for the same 7 months of 2012.  Inventory is down approximately 10%.  Parksville core has seen the greatest activity with a median sale price of just $295,000 in comparison to $345,000 for the greater Parksville – Qualicum Beach area.  

Cameron Muir, chief economist for the British Columbia Real Estate Association, felt the statistics were encouraging.  He noted that, “the upward trajectory of sales show that demand is starting to come back.  Home sales are up year-over-year, and flat pricing continues to indicate a balanced market condition.”

If you would like to discuss the activity in more detail please contact me as I would be pleased to do so.  The overview and detailed statistical reports are available on our web site at

What to Expect when Selling your Home Privately 
If you're planning on selling your home, you may have considered putting up a "For Sale" sign and doing it yourself.

Many people have successfully sold their own homes; however, they don't always necessarily come out ahead financially.

Just as it's not recommended to represent yourself in court, it's not a good idea to market and negotiate your biggest asset.  Here are a few reasons why it's important to retain the services of a professional real estate agent:

  1. No Upfront Costs - You don't have to worry about the various advertising costs which can quickly amount to a small fortune.  Time is money too and oftentimes it makes more financial sense to spend time on other projects.

  2. Exposure - Your pool of potential buyers will be very limited whereas an agent can expose your home to the masses!  Selling privately can take a while which drives up carrying costs and the longer a home sits on the market, the less it's likely to sell for.

  3. Motivation - The only reason to sell on your own is to try and save money.  Buyers who go it alone know this and expect to share in your savings.  Real estate agents are usually paid by way of percentage so it's in their best interest to get you top dollar!

  4. Third Party Negotiator - Buying or selling a home is an emotional roller coaster!  Just one wrong remark can cause a deal to fall apart.  A third party negotiator provides an important buffer between the buyer and the seller.

  5. Experience - Real estate transactions can be fraught with potential problems.  Agents can advise you on various legal matters as well as multiple and counter offer scenarios.  An agent can also help stage your home in order to attract the best possible price.

  6. Convenience - You'll have to show your home to strangers on short notice which can be frustrating and dangerous.  Most prospects aren't that serious or are just plain nosy.  Agents only work with qualified buyers so they don't waste time or compromise their personal safety.

Selling a home privately can be risky which means you're gambling with your biggest asset.  It pays to have a professional on side to look out for your best interests throughout this complex financial and emotional transaction.  Do-it-yourself jobs are great in certain situations but when it comes to selling a home, it's best to enlist the services of a professional.

Geocaching: High Tech Hide & Seek 
Geocaching is a high tech treasure hunt where a GPS is used to locate hidden caches.  It's a great way to get active with your family and explore the great outdoors!

Geocaches are containers that include a log book and small treasures.  Once you find the geocache, you replace the treasure with something of your own, log in your details and then check-in online.

Exploring hometown hiking trails takes on a whole new meaning and the best part is that geocaching doesn't cost a cent!  Instead of searching around for the remote this Sunday afternoon, head outdoors for a real life treasure hunt.  For more information, visit

Food for Thought 
"Making a decision usually means taking one of two roads. One is doing the right thing. To take the other road, you have to sit back and spin a story around the decision or action you are taking. If you find yourself thinking up an elaborate justification for what you are doing, you are not doing the right thing." - Wayne Sales

Seasonal Recipe - Zucchini Crisps - source: Red Barn Market 


  • 1 lb. zucchini (about 2 medium-sized)
  • 1/4 cup shredded Parmesan (heaping)
  • 1/4 cup Panko breadcrumbs (heaping)
  • 1 tbsp olive oil
  • 1/4 tsp kosher salt
  • freshly ground pepper, to taste


  1. Preheat oven to 400 degrees. Line two baking sheets with foil and spray lightly with vegetable spray.
  2. Slice zucchini into 1/4 inch-thick rounds. Toss rounds with oil, coating well.
  3. In a wide bowl or plate, combine breadcrumbs, Parmesan, salt and pepper.
  4. Place rounds in Parmesan-breadcrumb mixture, coating both sides of each round, pressing to adhere. The mixture will not completely cover each round, but provides a light coating on each side.
  5. Place rounds in a single layer on baking sheets. Sprinkle any remaining breadcrumb mixture over the rounds.
  6. Bake for about 22 to 27 minutes, until golden brown. (There is no need to flip them during baking — they crisp up on both sides as is.)

PS Oh by the way, I am never too busy for any of your introductions.  If you know of anyone that may benefit from my help please contact me with their name and number and let them know that I will be in touch . I would be privileged to assist them!

If you would like to keep up on the market and would like automatic email notifications of new listings, sales, etc. Click here or drop us an email or give us a call:  250-248-1071 /

For the latest real estate updates, including new listings, price changes and upcoming open houses follow me on  Follow Us on Twitter  and "LIKE" us on FacebookFollow Us on Facebook

Not meant to solicit clients already under contract.