Matthew's Moncton Real Estate Blog

Metro Moncton Property Guy A True Agent

Sun, 22 Mar 2009 15:42:08 -0500

As I approach the beginning of my 10th year as a real estate licensee I've launched a new web site - www.MonctonPropertyGuy.com. Nothing too fancy but clearly focused on two principles - Single Agency and Undivided Loyalty.

On my new web site I point out that I'm a true Agent and not a sales representative. If you are not sure about the difference, read my post - A Salesperson Is Not An Agent.

OPEN HOUSE SUNDAY in Moncton - Again

Thu, 12 Mar 2009 14:37:05 -0500

I'm doing another OPEN HOUSE this Sunday, March 15th, from two to four in the afternoon at 26 Firwood Crescent in Grove Hamlet subdivision. If you're in the market for a four upstairs bedrooms home and $184,900 is in your price range then you owe it to yourself to visit this property. This is a sale of an already foreclosed property by the mortgage insurer and could very well be great buy for you. Find more details or take a 360 degree virtual tour on the web at http://26Firwood.info.

Stop in for a visit or to just talk real estate.

Searching for more local bank sale foreclosure properties?

Try www.BankSale.info

Foreclosed OPEN HOUSE Moncton SUNDAY

Fri, 06 Mar 2009 14:50:19 -0600

This Sunday, March 8th, from two to four in the afternoon I'll be at 26 Firwood Crescent in Grove Hamlet subdivision for an OPEN HOUSE. If you're in the market for a four upstairs bedrooms home and $184,900 is in your price range then you owe it to yourself to visit this great buy. Find more details or take a 360 degree virtual tour on the web at http://26Firwood.info.

Searching for more local bank sale foreclosure properties?

Try www.BankSale.info

Open House at 27 Sunshine Drive - Moncton

Thu, 22 Jan 2009 20:56:44 -0600

I've a motivated seller client who must sell his two year old semi-detached in order to pursue a new business venture in another city.

My client has adjusted his asking price to where it's almost at the price he paid for it when he purchased it new in 2007.

And time is getting short for my client. So we've scheduled an OPEN HOUSE for this weekend, this time with a SPECIAL BONUS OFFER. My client will include all four appliances which are also only two years old. Priced to sell at $131,900.

Sunday - January 25 / 2 - 4 pm at 27 Sunshine Drive in Magnetic Hill Estates - Moncton

All the details are on the web at www.27sunshine.info

Lewisville Real Estate Market Report

Sun, 11 May 2008 12:54:25 -0500

My Lewsiville and Valleyview real estate market report to the end of April shows a strong increase in the number home of sales from 2007.

In the Lewisville and Valleyview area of Moncton there are currently 33 detached and 7 semi-detached homes for sale priced from $95,000 to $296,900.

These statistics point to an active local Moncton market so if you'd like to find a home or sell your property,
please call me - 383-3085.

Matthew Estabrooks
"Your Local Expert"

Month Average List Price Average Sale Price Sale to List Price Average List Duration # Sales

APR-2008 131117 127142 97% 111 days 12

MAR-2008 135329 128487 95% 80 days 7

FEB-2008 124925 117576 94% 69 days 8

JAN-2008 132400 131450 99% 67 days 2

Averages: 130514 125125 96 % 89 days 29

Month Average List Price Average Sale Price Sale to List Price Average List Duration # Sales

APR-2007 127650 122763 96% 61 days 8

MAR-2007 156100 151333 97% 104 days 3

FEB-2007 117820 111500 95% 72 days 5

JAN-2007 108800 104667 96% 58 days 3

Averages: 126579 121453 96 % 70 days 19

(These figures include both existing and new construction)

Matthew Estabrooks is a licensed independent real estate agent in Moncton, New Brunswick

MatthewEstabrooks.com

Moncton-Real-Estate.com

Memramcook Home is Affordable and Charming

Sun, 11 May 2008 09:12:46 -0500

491 rue La Vallee is located on the western side of Village of Memramcook, home of the Memramcook Valley Golf Club and just 17km from the center of Dieppe and Champlain Place shopping. Country living with the added advantage of a municipal sewage system. No septic tank and bed to maintain!

This charming 1 ½ storey features an open main floor with lots of windows for enjoying a view of the Memramcook River valley. Many upgrades in the last 5 years such as energy efficient vinyl windows, insulated steel doors, patio doors, vinyl siding, well/pump, tile and laminate flooring.

Enjoy comfortable summer evenings on the wrap around patio, also overlooking the valley. The one acre lot is nicely landscaped with lots of perennial flower beds.

Here's a link to more pictures and a 360 virtual tour. I'm available anytime to take you through this home so call or email me today!

$64,000 Deal or No Deal

Thu, 17 Jan 2008 12:56:32 -0600

SOLD!! 2011 Route 106 (Salisbury Road) in Allison (number on property indicates #1963). This property is just outside of Moncton city limits. Taxing authority is LSD of Moncton (unincorporated area) and appears to be in a Agricultural - A zone on the GMPDC unincorporated area zoning map. As you might expect at this price the property needs some work. Foundation is poured concrete and concrete blocks. This property is vacant so viewing on short notice is no problem. MLS® #280191
Contact Matthew to view.

More information on the web at www.bank-sale.info.

A Salesperson Is Not An Agent

Wed, 03 Oct 2007 14:51:21 -0500

The word "agent" casually is thrown around in the real estate sales business. Everyone with any sort of real estate sales license calls themselves an "agent", even though their license usually says something different. The fact is, many REALTORs who call themselves agents are misrepresenting their role.

Dictionary.com's definition of agent is "a person or business authorized to act on another's behalf". In my jurisdiction, New Brunswick, Canada; the license required to "trade in real estate" (enter into agency agreements) is called an "Agent's License". Many other jurisdictions call this type of license a "Broker's License". This license may be held by an individual or a corporation. In my jurisdiction, 98% of Agents are corporations. In these cases the Agent must employ a "Manager Licensee" to oversee the day to day business and salespeople employed by the corporation. The salespeople employed by the Agent are "Salesperson Licensees", this is the type of license that 95% of REALTORs in my jurisdiction have.

So, why is a salesperson that calls himself/herself an "Agent" misrepresenting their role? Simple, they have no capacity to enter into an agency relationship; only the "Agent" or "Broker" has that capacity. A listing client or buyer client are not represented by the salesperson, they are represented by the agent or broker, depending on licensing in that jurisdiction. If the salesperson leaves the company, what happens to that agency relationship? The seller or buyer remains a client of the Agent (Broker) and the salesperson is subtracted from the equation, because the relationship is with the Agency or Brokerage.

I don't know exactly when this misnomer began, but it leads to confusion about agency representation by both the public and real estate licensees. Example:

I recently had a buyer client that had initially contacted the listing office of a property he was interested in. He was put in contact with the "Duty Agent" (misnomer), not the listing salesperson, who had subsequently shown the property to him. Later he contacted me about the property, after asking him about his relationship with the other firm, and concluding that no agency relationship existed, I offered my services as his buyer agent. We wrote an offer that didn't result in a contract. When talking with my client a week or so later, he mentioned that he had been contacted by the duty salesperson to see if he was still interested in the property. He informed the salesperson that he had placed an offer through me. Upon hearing this, the salesperson made an offhand comment implying that my actions were underhanded. Thankfully, because I had properly explained agency to my client, he knew that I had acted in his best interests and that I had not done anything unethical.

Did this salesperson believe that they had a buyer agency relationship with this customer, even though the firm they worked for was the listing agent of the property? It would seem so. Is the sole reason because of the misuse of the term "Agent"? No, but it doesn't help.

Agency is a concept that many find difficult to grasp and understand, the number of court cases and discipline matters relating to representation is a testament to this. If licensed professionals find it this difficult to understand, how is a member of the public expected to? Licensees are compounding the problem by giving themselves titles that confuse their role.

I am one of the few individuals licensed as an Agent in my jurisdiction. I am a real estate Agent. Licensed salespeople are not.

Lewisville Elementary School - Arnold H McLeod

Fri, 20 Jul 2007 14:05:12 -0500

In my neighborhood of Lewisville in the East End of Moncton, I live in within sight of the Arnold H McLeod Elementary School, part of the English School District 2.

The school was constructed in 1981-82 and opened it's doors in September of 1982 and replaced several smaller schools including Wynwood, Valleyview, Sunnyside and Harrisville Schools. Beginning with grades one to six, today the school covers kindergarten to grade four.

Arnold McLeod was a former Superintendent of the Moncton School District and the school was named in his honor after his retirement. This week, on July 18, 2007, Mr McLeod passed away.

Mr McLeod, a native New Brunswicker, started his education career in Pine Glen, Gunningsville, Sussex and Rothesay, then came to Moncton as principal of Victoria School, became the first principal of Queen Elizabeth School and later moved into the School Board Office and became District Director.

In the 1950's, Arnold hosted a local TV show "The Little Red School House". Arnold introduced the Home and School Association concept to Moncton. He served on advisory boards for the YMCA, CNIB, Boy Scouts, NB Arthritic Society, and was a member of the Moncton Rotary Club. Arnold was an active member of First Baptist Church, serving in many capacities, and was a Deacon Emeritus. He also served on committees with the Atlantic Baptist Convention, on the Board of Directors with Atlantic Baptist College, and was Chairman of the Forward Planning Committee with the Canadian Baptist Mission Board for six years. During his career, he was awarded the Samuel Laycock Memorial Award by the Canadian Home and School Association, a Distinguished Service Award by the Canadian Association of School Administrators, and an Outstanding Community Service Award by the Governor General of Canada.

Lewisville - My Neighbourhood

Sat, 30 Jun 2007 10:31:47 -0500

Welcome to my neighbourhood, the Lewisville area of Moncton.

Lewisville was a village with it's own mayor and council until it was amalgamated into Moncton in the sixties.

In the early days it was known as Creek Village.

I've lived in the Valleyview Subdivision in Lewisville for over six years.

The houses in Lewisville range in ages from very old to newly constructed, and there is still lots of room for new homes.

The residents are a mixture of Anglophones and Francophones.

The neighbourhood offers elementary schools in either official language.

The Lewisville area offers quick and easy access to Trans Canada Highway, the Irishtown Nature Park, the Caledonia Industrial Park, the Université de Moncton, Downtown Moncton and the Champlain Place shopping area.

Matthew Estabrooks is a licensed, independent real estate agent in Moncton, New Brunswick, Canada

www.MatthewEstabrooks.com - My real estate home page.

Active Listings in Lewisville & Valleyview - June 30, 2007

List Price

Age

Address

# Beds

# Baths

MLS Number

Sub District

$78,900

68 HIGHLANDVIEW RD

2 \

271944

Lewisville

$93,500

27 FRONTENAC ST

1 \

272629

Lewisville

$104,900

89 BATHURST

2 \ 0

260096

Lewisville

$111,000

15 CLEARVIEW ST

1 \

272390

Lewisville

$114,900

51 GLOUCESTER ST

1 \

272245

Lewisville

$121,500

9 FRIER

1 \ 1

272214

Lewisville

$121,900

20 GREENHILL DR

1 \

270798

Lewisville

$124,900

285 SHEDIAC RD

1 \ 1

272028

Lewisville

$129,900

10 CLEARVIEW ST

1 \ 1

272207

Lewisville

$135,900

21 GLENWOOD DR

2 \

272745

Lewisville

$143,900

LOT 26 GAGNON DR # A

1 \ 1

272530

Lewisville

$143,900

LOT 26 GAGNON DR # B

1 \ 1

272531

Lewisville

$144,900

137 WYNWOOD DR

2 \

272185

Lewisville

$145,000

04-40 GAGNON DR # A

1 \ 1

265282

Lewisville

$145,000

LOT 24 GAGNON DR # A

1 \ 1

272524

Lewisville

$145,000

LOT 24 GAGNON DR # B

1 \ 1

272525

Lewisville

$149,900

246 PALISADE

1 \ 1

265951

Lewisville

$149,900

52 WILLOWBEND DR

2+1

2 \ 0

273162

Lewisville

$152,900

60 CASTLE DR

2 \ 2

272545

Lewisville

$155,500

11 EDGEHILL DR

2 \ 0

270625

Lewisville

$163,200

9 CAMEO CRT

2 \ 2

272398

Valleyview

$169,900

410 HIGHLANDVIEW RD

1 \ 1

270814

Lewisville

$177,500

203 WYNWOOD

1 \ 1

272792

Lewisville

$184,900

42 JARVIS

3+1

2 \

271411

Valleyview

$189,900

43 NEVILLE ST

2 \ 0

273127

Valleyview

$214,500

70 MCAULEY DR

2 \

272806

Lewisville

Sackville Real Estate Market Report

Wed, 13 Jun 2007 20:50:21 -0500

Month	Average List Price	Average Sale Price	Sale to List Price	Average List Duration	Number Of Sales
SACKVILLE AREA MONTHLY SALES REPORT ( Results for this 5 month period have been rounded to the nearest dollar and percentage )
MAY-2007	125463	119313	95%	120 days	8
APR-2007	127800	115000	90%	60 days	7
MAR-2007	103314	96957	94%	108 days	7
FEB-2007	101100	94400	93%	116 days	5
JAN-2007	140175	132375	94%	407 days	4
Averages:	118958	110958	93 %	140 days	31

Matthew's Moncton Real Estate Blog

Metro Moncton Property Guy A True Agent

OPEN HOUSE SUNDAY in Moncton - Again

Foreclosed OPEN HOUSE Moncton SUNDAY

Open House at 27 Sunshine Drive - Moncton

Lewisville Real Estate Market Report

My Lewsiville and Valleyview real estate market report to the end of April shows a strong increase in the number home of sales from 2007.

In the Lewisville and Valleyview area of Moncton there are currently 33 detached and 7 semi-detached homes for sale priced from $95,000 to $296,900.

These statistics point to an active local Moncton market so if you'd like to find a home or sell your property,
please call me - 383-3085.

Matthew Estabrooks
"Your Local Expert"

Memramcook Home is Affordable and Charming

$64,000 Deal or No Deal

A Salesperson Is Not An Agent

Lewisville Elementary School - Arnold H McLeod

Lewisville - My Neighbourhood

Welcome to my neighbourhood, the Lewisville area of Moncton.

I've lived in the Valleyview Subdivision in Lewisville for over six years.

The houses in Lewisville range in ages from very old to newly constructed, and there is still lots of room for new homes.

The neighbourhood offers elementary schools in either official language.

The Lewisville area offers quick and easy access to Trans Canada Highway, the Irishtown Nature Park, the Caledonia Industrial Park, the Université de Moncton, Downtown Moncton and the Champlain Place shopping area.

Matthew Estabrooks is a licensed, independent real estate agent in Moncton, New Brunswick, Canada

www.MatthewEstabrooks.com - My real estate home page.

Sackville Real Estate Market Report

Matthew's Moncton Real Estate Blog

Metro Moncton Property Guy A True Agent

OPEN HOUSE SUNDAY in Moncton - Again

Foreclosed OPEN HOUSE Moncton SUNDAY

Open House at 27 Sunshine Drive - Moncton

Lewisville Real Estate Market Report

My Lewsiville and Valleyview real estate market report to the end of April shows a strong increase in the number home of sales from 2007.

In the Lewisville and Valleyview area of Moncton there are currently 33 detached and 7 semi-detached homes for sale priced from $95,000 to $296,900.

These statistics point to an active local Moncton market so if you'd like to find a home or sell your property, please call me - 383-3085.

Matthew Estabrooks "Your Local Expert"

Memramcook Home is Affordable and Charming

$64,000 Deal or No Deal

A Salesperson Is Not An Agent

Lewisville Elementary School - Arnold H McLeod

Lewisville - My Neighbourhood

Welcome to my neighbourhood, the Lewisville area of Moncton.

I've lived in the Valleyview Subdivision in Lewisville for over six years.

The houses in Lewisville range in ages from very old to newly constructed, and there is still lots of room for new homes.

The neighbourhood offers elementary schools in either official language.

The Lewisville area offers quick and easy access to Trans Canada Highway, the Irishtown Nature Park, the Caledonia Industrial Park, the Université de Moncton, Downtown Moncton and the Champlain Place shopping area.

Matthew Estabrooks is a licensed, independent real estate agent in Moncton, New Brunswick, Canada

www.MatthewEstabrooks.com - My real estate home page.

Sackville Real Estate Market Report

These statistics point to an active local Moncton market so if you'd like to find a home or sell your property,
please call me - 383-3085.

Matthew Estabrooks
"Your Local Expert"