Sutton Group West Coast Realty

Cell 250-812-2589

Office 250-479-3333

Email: jpappy@uniserve.com

5 Tips for Getting back to Business

The challenges of reopening your business


With many companies recently reopening their doors and many about to in the near future, we want to share a few ideas that help you reopen your business and how to get through the challenges of running your business in the midst of a global pandemic. 


1. Cutting costs


Review your costs carefully and be sure to cut your costs wisely. Any costs you choose to cut will, in turn, cut your ability to generate revenue and keep your business going. Do not cut costs on your customer service, marketing, and most importantly, on the quality of your product or service. 


2. Bring your employees back


Having your employees return to work, even part-time, will bring the business back to life. They can find a job anywhere, but they've chosen to work with you, and you've chosen to work with them, you have an investment in each other and your company. Remember that they want to be there and you want them there!


Also, not bringing your employees back can cost you extra, you may still be paying extended healthcare costs or other benefits for them.   


3. Reinvest in your business model 


It's probably the last thing you want to do right now but it's also the thing that's most likely to keep you in business! Ask yourself the following questions to rework and reinvest in your business:

  • What should your business model be when you come out of this?
  • Is your current business model viable during a global pandemic? If not, how can you adjust it to run your business until things are normal again?
  • Are there ways to put all your expertise into a stronger revenue stream?
  • What do you sell? Is there still a need for this?
  • How do you sell it? Reevaluate your marketing and customer service 
  • How do you deliver your product to your buyers? Is there a way to provide your product while maintaining social distancing or no-contact?

4. Consider new vendors


Just because your business has opened does not mean that all your vendors have. You may need to look at new vendors who offer safer options to provide your products and service. You also have plenty of reason to shop around for the best-priced vendors at this time. 


5. Take advantage of local programs


There are plenty of Federal, Provincial, and Local programs available to assist businesses in reopening. Speak to your Landlord and discuss a rental discount, ask your Electrical provider if there's a discount offered to businesses. Do your research and see what's available to you, there is no shame in taking a helping during a crisis! 

JP Real Estate is rooting for you and your business to return and be better than ever! 


If you have any questions or concerns regarding the reopening of your business, the current economy, real estate market, or anything else, please reach out to us at your convenience. 


We look forward to connecting you with greatness! 

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The Importance of Home Staging


When selling your home, you want it to appeal to as many buyers as possible. While your home may be decorated perfectly for you and your family, potential buyers are trying to imagine themselves and their belongings in the space, this is where Home Staging comes in. 

 
What is Home Staging?
 
Home staging is preparing your home for sale. The main goal of home staging is to ensure your home appeals to the highest number of potential buyers, therefore ensuring a quick sale at the highest value possible. 
 
What needs to be done?
 
1. Declutter
 
Clutter does two things for your home - it gives the idea that there is not enough storage space and it distracts buyers from the home's features. By decluttering, you will help to keep potential buyers focused on the important features of your home and give the idea of extra space throughout the home. 
 
2. Depersonalize
 
This one may be a bit hard for some sellers. This has been your home for a long time and your family has created many memories here. However, the potential buyers are trying to envision their family in the home and making new memories. You don't need to take down every single photo of your family, but you definitely don't need a fridge or a wall full of photos that will distract the buyers. 
 
3. Remove odors
 
You may not even realize it, but your home has an odor, every home does. Whether it be pets, kids, or even what you cooled for dinner last night, there will be an odor that is noticeable to anyone who doesn't live there.  Open windows to air the home out prior to a potential buyer coming to view and place some lightly scented air fresheners throughout. 
 
4. Wallpaper and paint
 
Chances are, any potential buyer is going to want to take down that wallpaper right away, do yourself a favour and take it down before selling and have it painted a nice neutral colour.  The same goes for brightly coloured rooms. Maybe your son or daughter has a neon green or bright purple bedroom; this will definitely put most buyers off. We know your child may not be happy about repainting, but rest assured, they can paint their new room at the house a fun new colour, this is only temporary! 
 
5. Lighting
 
Before a potential buyer arrives to your home, open all curtains, turn on lights, and create a warm welcoming feel. No one, especially a potential, in an unfamiliar home, wants to be walking around dimly light hallways and dark rooms. Another great tip is to change your light switch covers, this is a cheap and extremely easy update that will be noticed and appreciated. 
 
6. Exterior
 
Be sure that your lawn is freshly mowed, the hedges are trimmed, and gardens are weeded. This is a buyer's first impression of your home so you want it to look it's best.  A fresh coat of paint on the door, a shiny new door handle, or even some new exterior lighting can go a long way! 
 
7. Final touches
 
Add some fresh flowers throughout the home or a bowl of fresh fruit on the kitchen countertop. This will add a homey feeling while keeping it personalized. 
 
Home Staging helps potential buyers envision themselves living in your home. It will have them thinking about where they'd like to put their future and which picture they'd like on the walls. It's all about creating a vision for the buyer! 
 
If you have any questions about Home Staging or would like to discuss the current real estate market, please feel free to contact me at your convenience.
 
JP Real Estate more than a Real Estate company, we are community and we are here to help you. We look forward to connecting you with greatness!   
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The easiest way to increase the value of your home is to complete some home improvements, however, not all improvements will increase the value. If you’re thinking of selling your home, be aware that there are a few improvements that may actually decrease the value of your home. You want to be very careful when choosing which updates to make and which to avoid.


Below, I have put together a few home improvements that should be avoided:


1. Chef Quality/Gourmet Kitchen


High-quality kitchen upgrades may be great for you...however, they aren’t for everyone. Spending tens of thousands of dollars on marble countertops, custom cabinetry, and top quality appliances may not make its way back in your pocket. Simple upgrades are best for resale value, fresh paint or a new backsplash in neutral colours will increase the value much more than expected. Upgraded appliances are a great idea but they don’t need to be the most expensive appliances on the market, Granite countertops look just as nice without the added cost and cabinets can often be upgraded with a coat of paint and some new hardware.


2. DIY Painting


Yes, a fresh coat of paint will clean up any room, however, a job done poorly will decrease the value of the room quickly. Chipped and streaky paint jobs or bright colours will often trigger buyers to think of repainting and with that thought comes the thought of extra dollars spent. Always hire a professional to take of painting for you and be sure to choose neutral colours which will appeal to the majority of potential buyers.


3. The Extravagant Master Suite


Of course, we all want an extravagant master suite, although the costs associated with this luxury will hardly pay off. Fancy seating areas, the additional square footage that’s been ‘stolen’ from another bedroom or closet, and added plumbing costs in the bathroom can all add up quickly. A home that’s gone from 5 bedrooms to 4 bedrooms or a bedroom without a closet will immediately decrease the value of the home, regardless of how fancy that new bedroom is.


4. Wall to Wall Carpeting


Carpeting a room or a home wall-to-wall is a thing of the past. People want to see rooms that are easy to clean and can be quickly cared for. Adding a flooring that can be easily swept and mopped, in a neutral colour is what people are looking for. There are plenty of options for flooring that will give the look of real hardwood flooring and will increase the value of your home immediately. 


5. Swimming Pool or Hot Tub


Who doesn't want a swimming pool or hot tub? Most buyers do not want either of these! With these amenities comes a lot of additional costs, responsibility and upkeep. Keep in mind that if your property has space for these amenities, it can be easily marketed as such, which gives buyers the option of adding a pool or hot tub at a later date. 


These suggestions are not for every home and do not apply to every potential buyer, they are simply suggestions for you to keep in mind when planning to sell your home. If you'd like to discuss these improvements or any others that may increase or decrease the value of your home, please contact me directly as I would be happy to assist you. 


As always, JP Real Estate would like to remind you that we are more than a real estate company, we are a community and we are in this together. We look forward to speaking with you and connecting greatness!


 
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The Covid-19 pandemic has greatly affected Canada’s economy across the country, including the housing market. Canada Mortgage and Housing Corporation (CMHC) has forecast a 9%-18% decrease in housing prices in the next year. Due to this prediction, CMHC has reviewed and updated its underwriting policies for insured mortgages in an attempt to reduce risk and protect future home buyers, as well as taxpayers.


CMHC has announced that effective July 1, 2020, the following changes will be made to their underwriting policies, these will affect all new applicants with regards to transactional and portfolio mortgage insurance:


  • Limiting the Gross/Total Debt Servicing (GDS/TDS) ratios to the standard requirements of 35/42;
  • Establish a minimum credit score of 680 for at least one borrower; and
  • Non-traditional sources of down payment that increase indebtedness will no longer be treated as equity for insurance purposes.

Refinancing for multi-unit mortgages have also been suspended, aside from those where the funds are used for repairs or reinvesting purposes, in an attempt to further mitigate risk. CMHC has already begun the process of repositioning its multi-unit mortgage insurance products.


How will this affect you, as a first-time buyer?


You will need to ensure your credit is in good standing and over maintain a credit score over 680.

Evidence by one of Canada’s largest financial institutions suggests that a large portion of first time home buyers, up to 30%, currently rely on borrowed funds for their down payments. These funds will now be hard to replace and significantly harder in our current economic environment. 


The Upside


The upside is that the impact of these latest changes to the debt service ratios on mortgage requirements will be partially mitigated by lower interest rates on various credit products.


If you have any questions, comments, or concerns about CMHC’s upcoming amendments, the real estate market, the economy, or anything else, please feel free to contact me at your convenience.


JP Real Estate would like to remind you that we are more than a real estate company, we are a community and we are in this together. We look forward to speaking with you and connecting greatness!

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Mortgage deferral — is this the right option for you? It’s a big decision to make, however, in times of crisis, economic downturn, loss of income, and many other factors, it just might be worth looking into.


We recently spoke with one of our clients who had just deferred his mortgage, this is his story:


I just deferred my mortgage for six months. This felt a bit weird, like a failure, psychologically. It seemed 'bad', akin to bankruptcy or paying one's taxes late. In my mind, it just had that financial 'loser' stigma. However, when thinking more practically, it's actually a huge win, for me.


With the travel restrictions lasting continuing through the summer, I had just lost an overseas contract that paid me $22,500 per year. I realized that living without this income would be very challenging, I had depended on this income and now it was gone. I also realized that skipping thirteen massive bi-weekly mortgage payments comes to within $400 of replacing this figure, phew, good save!


I later realized these figures aren't actually equal, not even close. Of course $22,100 is very similar to $22,500. I'm not quibbling over $400. What dawned on me is that the $22,100 is savings, and is therefore untaxed.


However, I shouldn't be comparing the topline revenue I lost, but the bottom line. Net revenue from the lost self-employed income would have been about $10,000, max, after taxes. Keeping things in that ratio I can see that in order to net $22,100 cash I would actually have to earn approximately $45,000-50,000.


Then the guilt kicks in again. Am I stealing from someone? Am I taking advantage of millions in government benefits that could otherwise go to support small businesses? No, I'm making my own mortgage more expensive, in fact. The bank still makes all their money and the online deferral application explains this all very clearly. Personally, I am going to be paying $33,000 more over the next 28 years. On the one hand, you might try to hold $22,000 (benefit) up against $33,000 (cost), and decide just to get back to hustling, to work harder, or try to find more work. That could very well be the right answer for so many people, but it wasn’t for me. 


Life happens, family members get sick, people need our help, our time, and often access to our finances. At this time, it doesn't matter to me if I am mortgage-free in March of 2048 or 6 months after that. Maybe I'll feel differently at that time, but right now the benefit outweighs the cost. Retirement planning is a much bigger picture than calculating 6 months of mortgage payments. It is also very likely that I will downsize as an empty nester in the next five or ten years, reducing my mortgage obligation correspondingly. 


Whether you look at it like trading $22,000 for $33,000 in over 10,000 days from now, or whether it seems more like hitting pause on your financial life, it helps me get through 2020 with a peace of mind that I otherwise wouldn’t have. If at some point later in the year I find myself with an adequate emergency buffer in my chequing account, I plan to reinvest this into my house. I'll insulate my basement and my attic, and be more ready to weather the storms that might come after this one finally passes while increasing the value of my home.


While we can’t advise you what the right decision is for you and your family, but we are happy to provide you the information and guide you along the way. Maybe deferring your mortgage isn’t the best option for you right now, however, maybe it is and maybe it’s something you need to look into. Either way, we are happy to discuss this with you and provide some insight into this topic.


As always, we at JP Real Estate would like to remind you that we are more than a real estate company, we are a community and we are in this together. We look forward to speaking with you and connecting greatness!

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Selling your home is a difficult process in the best of times, add on a global pandemic, an increasing unemployment rate, social distancing rules, an unstable economy, and it may seem nearly impossible. Thankfully it is not impossible and JP Real Estate can help you during these trying times to market and sell your home at the best price possible.


With the latest technology, social media, virtual tours, and countless marketing options, selling your home during this time can still be done and may not be as difficult as you think. Below are a few tips we’ve put together to help you through this process and put your mind at ease.


1. Hire a Real Estate Professional

We know, we know, you’ve heard this a million times, but it’s truly the best thing you can do. Hiring a professional who can offer experience, stage your home, market your home on countless sites that you wouldn’t have access to as a private seller, and handle all the legal paperwork that goes along with the sale will save you hours of grief and aggravation.


2. Virtual Tours & Drone Video’s

As many buyers and sellers are not comfortable touring homes in the midst of a pandemic, virtual tours have become the new norm for home buyers.  JP Real Estate is fully equipped to provide you with the most professional, detailed virtual tours of your home, as well as drone videos of the house, yard, and surrounding area. These two options are priceless as buyers can see your entire home and neighbourhood without leaving the comforts of theirs, ensuring everyone’s safety.


3. Do It Yourself

If there are some projects that you can do yourself such as painting, touchups, updating hardware or electrical covers, now is the time to do it! We don’t suggest taking on large projects that would be better left to a professional, however, this extra time we have at home is the perfect opportunity to take on those small jobs that you can do yourself. You may be surprised by how much you can increase the value of your home by taking care of a few small jobs in your spare time and buyers are often much more attracted to a home that requires the least amount of work possible.


4. First Impressions

Mow the lawn, vacuum and mop the floors, wash the windows and mirrors...these little things will make a great first impression for anyone who is attempting to envision your home as their new home. With the great weather we’ve been having, it’s also the perfect time to do a few things outside to improve the curb appeal and get the backyard ready for BBQ season.


5. Social Media

It’s not just for cat video’s and funny meme’s! Once your Real Estate Professional has posted your listing online, be sure to share it on your social media, ask your friends and family to do the same. Social Media has become a daily part of our lives and sharing your home listing will definitely be beneficial to the sale of your home. You never know who may be perusing Facebook or Instagram and realize that their dream home just came available!


JP Real Estate has access to countless contractors, mortgage brokers, lenders, lawyers, notaries, investors, and so many more, to ensure everything from staging to marketing to moving day will be a smooth transition. We want to help you sell your home quickly, seamlessly, and, most importantly, at a price you are happy with.


As always, we at JP Real Estate would like to remind you that we are more than a real estate company, we are a community and we are in this together. We look forward to speaking with you and connecting greatness!

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As we move towards Phase II of reopening the country, we want to remind you to stay safe, healthy, calm, and kind.


There are many businesses opening their doors with new protocols in place and while we understand this may be frustrating and confusing, for both business owners and customers, we must trust in the process and learn to adapt to these new rules. These new protocols have been put in place for the safety of ourselves and our loved ones.


Life as we knew it may not return to our "normal" even as we approach this second phase of the country reopening. Our new norm will include wearing face masks, consistent hand washing, and continued social distancing.  Until a vaccine or cure for Covid-19 is found, tested, and proven, we will live in this new norm, which is not normal at all.


Consistent handwashing is, without a doubt, the best way to stop the spread of this virus. You will find hand sanitizer at the entrances to malls, banks, grocery stores and so many more going forward. Wearing a mask is also a great way to protect ourselves and others. They may not feel stylish or even comfortable at first, but with a little time, you may find yourself more comfortable wearing a mask than not.


We’d like to remind you that even though many businesses are reopening, it’s not a reason to be rushing out shopping or meeting in large groups. We are still at great risk for a second wave of this virus to affect us and we need to now be as diligent as ever.


In British Columbia, particularly on Vancouver Island, our numbers have remained quite low. Our province acted quickly, our citizens followed procedures, and luckily, we were able to keep the virus at bay for the most part. If we can continue following these new protocols, we can keep the number of infected persons down and hopefully get ourselves ‘back to normal’ sooner, rather than later.


If you have any questions or would simply like to discuss Phase II and how it will affect businesses, the real estate market, the local economy, investments, or anything else, please let me know as I would be more than happy to speak with you.


As always, we at JP Real Estate would like to remind you that we are more than a real estate company, we are a community and we will get through this together. We look forward to speaking with you and connecting greatness!

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To say that our lives have changed over the past 2 months would be a great understatement, how we are handling these changes is another thing. We want to encourage you to look at this as a gift, a gift of time, to unwind, to reflect, refresh, and recalibrate. 


It can be extremely hard to remain positive during these uncertain times but if you look for the positivity, it can be easily found! It can be found in the small things, sitting down to dinner with your family every night, finally finishing that book that’s been collecting dust on your bedside table, planting that garden you’ve always wanted, or simply enjoying the downtime. 


We’ve been given the gift of a “pause” from our everyday lives, and this may be the only one we get in our lifetimes. This time we’ve been given is a great opportunity to take an online course, learn a new language, perfect your baking skills, take on a new hobby, or just catch up on all those backlogged emails. We want to encourage you to try to remain positive and take pleasure in the little things that you may not have made time for previously


This is also a great time to reassess your wants versus your needs. Is a bigger, newer home what you need? Or would you better off to downsize to a smaller home and live a more minimalistic lifestyle? Do you need the newest iPhone or will your current phone suffice a little longer? Do you wish you had more quality time with your kids? This is your opportunity to make some changes that you can carry forward into the ‘new norm’. Take this time to reflect on what’s truly important to you and how you can make this part of your everyday life. 


Last but definitely not least, focus on the things you can control. Turn the TV off if the news is too depressing, avoid spending too much time on social media, these are just two small things that you can control and will help with your current mindset. Additionally, be sure to incorporate a little exercise in your daily routine, try to eat a balanced diet, and most importantly, remember to laugh and smile, each and every day! 


As always, we at JP Real Estate would like to remind you that we are more than a real estate company, we are a community and we will get through this together. We look forward to speaking with you and connecting greatness!

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Crystal clean credit during Covid-19


*Caron Price, Mortgage Expert 


In addition to navigating self-isolation the vast majority of us are also facing uncertain financial stress.  There are a few things you can do to keep your credit rating in its’ best shape.


  • Stay in touch with your credit providers.  Even before COVID-19 the best thing you can do, if requiring financial assistance, is to communicate with your credit providers.  Currently lenders are offering payment deferrals on mortgages, lines of credit, auto loans credit cards & personal loans.  Some lenders have also been able to offer short term interest rate reductions or the complete elimination of charging interest.  If you are struggling to maintain your commitments reach out to your lender and let them know.  Their customer service departments are working hard to facilitate your needs but they can’t help you if you don’t let them know you need it. 
  • Get it in writing.  Whatever repayment terms you agree to with your lender, that are outside of your original contracted commitment, ask for this in writing.  Lenders have verbally stated that they will not be negatively reporting deferred payments but the credit reporting in Canada is not foolproof and there is room for error.  Protect yourself by having the agreement in writing.  That way you would have proper documentation to have the incorrect reporting removed from your credit bureau.
  • Make your minimum credit card payments on time.  Many credit card providers are also offering payment deferrals.  Should you choose to defer for 6 months on the 7th month all 6 months of the accrued interest payments will be due.  If you can afford to keep your monthly minimum payments up to date you will not only ensure your credit history on the account remains intact but you will also save yourself from a large payment being due in the 7th month.

JP Real Estate is more than a real estate company, we are a community and we will get through this together. We look forward to speaking with you and Connecting you to Greatness!


*Caron Price is a trusted Mortgage Expert with DLC Modern Mortgages in Victoria, B.C.

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We hope you had a wonderful and safe Easter weekend! We are extremely sympathetic to how this year’s Easter celebrations have differed from previous years, however, we hope you are well-fed, warm and were able to connect with the ones you love.


The last 2 weeks have been extremely trying and challenging times for everyone and we want to remind you that JP Real Estate is here to help you get through this. We are just a call, text, or email away!


Over the last 2 weeks, we have been in contact with over 50 of our dedicated clients simply to check-in, share news, and offer information or assistance. We are committed to ensuring that we, as a community, will get through this together.


We’d also like to remind you that we have an amazing, trustworthy team of lenders, brokers, plumbers, carpenters, electricians, inspectors, architects, lawyers, and general contractors at our disposal. If you are wondering how to deal with any of the following subjects during this time: Leasing, Mortgages, Land deals, business restructuring, tenant issues, buying and/or selling your home and/or business; please do not hesitate to let us know. 


With regards to personal finances, please remember that it’s not too late! Speak to your accountant if you think you might qualify for relief, or contact us, we would happy to talk through the process with you.


Also, you are still able to submit your documents in regards to speculation tax if you haven’t done so yet. Let us know if you have any questions about this.


JP Real Estate is more than a real estate company, we are a community and we will get through this together. We look forward to speaking with you and Connecting you to Greatness!

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JP Real Estate is here to help


Our lives have changed drastically in the last few weeks and we have found ourselves in some extremely uncertain and unnerving times. While it may seem that life has been put on pause, for the time being, we understand that things must continue to move forward and we want to help.


In the last 35 years we have built a network of trustworthy teams, including lenders, brokers, plumbers, carpenters, electricians, inspectors, architects, lawyers, and general contractors, just to name a few. We would like to put our amazing team to work by helping you. If you have questions on the following subjects: Leasing, Mortgages, Land deals, business restructuring, tenant issues, buying and/or selling your home and/or business; we are happy to put our team at your disposal.


JP Real Estate is here to help you maneuver through these trying times and will offer suggestions on how you can continue with your real estate projects and transactions. This is a time for the “Village” - our great community, to come together and help each other.


We are happy to speak with you about the current real estate market, potential economic changes we may see in the future, or how we can maintain some normalcy in our lives while remaining healthy and not putting ourselves at risk. We strive to keep ourselves informed with the most up-to-date information and would be honoured to discuss and offer you whatever help is most relevant or simply bounce some ideas off each other. Whatever it is you want to talk about, in absolute confidence, we are here for you, so please reach out with any questions or concerns you may have.


JP Real Estate would like to remind you that we are more than a real estate company, we are a community and we will get through this together. We look forward to speaking with you and Connecting you to Greatness!

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Virtual property tours offered by JP Real Estate


Are you looking for a new home but not wanting to leave the house? Are you practicing social isolation? Or is it just too cold and you don’t want to go outside? JP Real Estate has you covered! We are now offering free virtual tours of property listings that you can watch from the comforts of your living room! 


We understand that photos can often be deceiving and we’d like to eliminate that from your purchasing experience. We know your time is limited and there’s no reason for you to physically tour countless properties when you can do this from the comforts of your home. With a virtual tour, you will see the entire property, step-by-step, from the moment we arrive until we leave. 


What is a virtual property tour?


A virtual property tour is just that, a virtual tour of the property. We have the most up-to-date technology to provide you with a tour of a house or property that you can watch from the comforts of your home or office. 


We will provide you with a virtual property tour of current listings that are you are interested in while highlighting the small features that most would only notice in person. We will focus on the intricate details that each home offers while showcasing the entire property and each room. Throughout the tour, you can expect to see full views of each room, the hallways and/or staircases to each room, as well as the property exterior. We will also take extra care to focus on the little details, we know these are often the most important! 


What can I see with a virtual property tour?


These virtual tours will commence at the beginning of the property, offering you the full view of the home’s curb appeal and walk you through the entire home, as though you were there in person. We can provide accurate measurements of each room while doing this, as well as showcase smaller features such as lighting fixtures, bathroom faucets, closet space, and so much more. 


Is there something specific that you’re interested in at a property? Let us know and we will be sure to take some extra time to display this carefully and describe its features in great detail. If you’d like to see a close up of the kitchen countertops, the hot water tank, or the shop in the backyard, we can easily provide this for you. 


We will also tour the entire property along the property lines to showcase the size and manageability of each home. This will give you a full view of the yard and the home from many different angles.


Why do I need a virtual property tour?


Having the opportunity to view these properties virtually will give you an insight into the property that photos simply can not offer. After viewing the virtual tours, your list of potential properties will likely decrease considerably, meaning you may only need to physically tour 1 or 2 properties before making an offer to purchase your new home! 


How do I arrange a virtual property tour?


To arrange a virtual property tour, simply contact us at your earliest convenience to let us know the desired property and specific requirements you may have, we will take care of the rest!  


Please keep in mind that we will offer virtual tours only while it is safe to do so and with the seller’s permission. We will not take unnecessary risks during these uncertain times. 


How much does it cost?


We, at JP Real Estate, are excited to offer this service, free of charge, to our community. We look forward to helping you find your new home and connecting greatness!

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The Coronavirus is a fast-spreading virus that seems to be taking over a new country every day, at an alarming rate and causing extreme panic throughout the world. As this virus continues to spread rapidly through many western countries, it’s just as quickly disappearing in China. This may be a good sign that the end is near, however, according to medical professionals, it will likely get worse before it gets better, just as it did in China. 


How is it affecting Canadians?


Even here in Canada, our Prime Ministers wife tested positive for the virus, prompting Justin Trudeau to immediately quarantine himself and his family for the recommended 14 days. This is precisely the leadership our country needs during these uncertain times. 


This virus has caused chaos as we have never seen before around the world and in North America. We have seen the NHL and NBA canceled, the MLB postponed, Disneyland has closed, and most recently, the majority of hotels on the Las Vegas strip have announced that they too, will be closing their doors. Airports are deserted and our borders are closed with those traveling abroad being advised to return home immediately. Schools have been closed in parts of the country for the remainder of the school year, and restaurants, bars, and entertainment venues have been asked to shut down for 2 weeks to halt the spread of this virus. These decisions have not been made lightly, it’s been with extreme caution and care of the citizens of Canada and across the globe in hopes of containing this virus as quickly as possible. 


What can we do to stop the spread of Covid-19?


While many people are panic buying items such as toilet paper and hand sanitizer, they are not taking the proper precautionary steps to minimize the spread of this virus. As many medical officials have stated, “behave as though you already have the virus” and what they mean by this is “social isolation”. This is a new term to us, and it simply means to stay away from crowded areas, don’t visit high-risk individuals, and take precautionary measures to ensure you do not infect others. Many carriers of this virus do not realize they have been infected, therefore making them the most dangerous of all. 


As the number of infected individuals continues to grow, we at JP Real Estate would like to offer you a few reminders to help you get through this pandemic:

  • Wash your hands frequently;
  • Try to avoid crowded places;
  • If/when you need groceries or supplies, send 1 person from the family (if possible) to buy these. Less people = less risk;
  • Make a list of what you need. You do not need to stockpile. ;
  • Order your groceries online and have it delivered directly to your home or to your car in the stores parking lot
  • Pay your bills online; and
  • Work from home, if possible.

What is “social distancing” and why is it so important?


Social distancing does not mean we need to live in complete isolation, it means we need to be aware of our surroundings and only enter crowded places when absolutely necessary. We need to be cautious of the things we touch, the things we purchase, and the people we visit. Social distancing is particularly important for visiting the elderly, as they are at extremely high risk of infection.


What does JP Real Estate think of all this?


First and foremost, we would like to thank the healthcare workers who are working tirelessly on the frontline every day to ensure our safety.


We hope you are all warm, well-fed, and safe in your homes. If there is anything we can do to assist you and your family during this time, please do not hesitate to reach out to us. We are more than a real estate company, we are a community and we will get through this together.   

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