Thursday 21 November 2013

BCO: Researching Properties

When clients come to the BCO office enquiring about listing a recreational or remote property, the research team (aka Ed and Louise) kicks into gear. Ed has an amazing memory for properties, and can remember details of walking a property even 15 and more years later. His familiarity with our coastal regions gives him an understanding of different properties and some of the issues or challenges they may face (access, topography, etc).

Then the more detailed research kicks in. Identifying properties legally so that they can be located properly on maps is key. Louise often spends hours unearthing details about a property, following government document trails until she is sure everyone is talking about the same property (there aren't a lot of street addresses on recreational properties). Next comes any documents that may pertain to that specific property - easements, covenants, right of ways, assessments, etc.

Each property will have its own history of water (well logs, water licences) and septic (permits, inspections). Knowing which district the property is in and who to contact for those documents is valuable, and Louise has amassed an office database of regions on the coast and the correct parties to talk to about these different issues.

If properties have docks or moorage that becomes another avenue of research and digging out the documents which verify this can be time consuming.

All of the research that goes into recreational properties is also applied to residential properties, making all of our property packages very informative.

"It's the best part of the job - I'm a Real Estate Private Eye!" says Louise.

From first viewing to a property's debut on the BCO website, there is a lot of behind the scenes work that goes on!

It's a Coastal Lifestyle ... Pass It On!

No comments:

Post a Comment