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y— 2 BDRM.

evento. Add ane enodous vendor - and this could a@ super. con appl’a - tonyoreen Pann - beautiful decoration. See

SxCTRA ALARGE ~_1 BEDROOM Boautihilly kept suite in well managed | adult

Ground floor (no stairs to ne, ee the buliding - huge balcony for extra summer living Dae ctor ne Oy re Book pool. Vendors will space - quict arca - good bidng. Great price - look at afl offera. - sted in Mid 70's.

PENDER ISLAND PARADISE :

Privacy & seclusion ia here for the person who wants to get away from it ell. Beautiful summer home with sunny deck looking of across the ocean. Close to emalll take tor

CHRIS& = JEMILIA O’BRIEN

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984-7711 929-4742

baa catcatated tiahent tinier tenia Haak neaibies openers panatiatoterthe tidbit

Not too. -many suites of. this quality & view.

not: ‘strictly:necessary, but

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caught in: this ‘snare several times, it may ‘come. as®

little gadgets truly are useful, and many. of the: ‘most: ‘useful,

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handl One’ of. the, ‘most -

A “guaranteed pics, “or: ‘trade price’ as many. prefer it tolbe known, is designed fo facilitate’ people’. in othe: market selling one house and: buying another.

With the guarantee “in place, the client - knows.“ exactly his financial picture regarding. the buying and selling and can“ Plan ace cordingly.

The agent and his com- pany will only use this trade price when the client.is both. selling his home and buying: another through the same firm.

It is simply a realistic market price for the property, for example $200,000. The property is then put on the market for that price plus the amount needed to cover com- missions and any other expenses.

When the trade price is brought into. being, it is usually on a 90 time limit basis.

If, at the: ‘end of the: 90 -

days, the praperty has not.

sold, the realtor then buys it for the trade; price, as an example, the $200,000 mentioned earlier, then puts the same house back on the market.

. c ,

going on for years with some ' companies while ‘others are reluctant to move. into: this field for a number of reasons a e ‘including, the chance that ”* they, may be caught with a number of properties not moving, plus possible * problems of a fluctuating market. .

And this raises ong of the disedvantages of the system.

If ‘the, market, value: in- “creases. ‘rapidly, ” ‘then’. the ,. trade. price. may end ‘up on "_ the low ‘side. However,’ the ¢ opposite ‘is ‘also true.: If the “value drops, the seller is still guaranteed his original ‘trade price.’

Houses listed under the trade price usually get the utmost of exposure and tend to have a fairly fast turnover. Agents do not want to be saddled with too many

eel propetties which are not moving at a fairly swift pace.

_ ' The ‘trade price’ can give The ; the feller a degree of comfort in knowing what he

will be receiving for his

client property within a given can plan. Pie hae to werk with his ahead .

TOM BRECKLES MITTEN REALTY

agent towards buying his new . home without the concern of waiting to sec if

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