LEE KREPPS

Moving!

LEE KREPPS — Thu, 10 Sep 2009 03:27:00 GMT

I'm happy to announce that I have moved to a new location! I now work out of RE/MAX Desert Country, located in Keremeos, BC. I wanted to be able to better serve my relocating and investment clients by offering more choices to them. I will still offer the same complete coverage of the Oliver, Okanagan Falls and Osoyoos areas of the South Okanagan, but now can add Keremeos to my resume. Feel free to drop in and have a coffee anyday! If I'm not there, then I'm up in Oliver, working from my home.... I can still be reached at 250-485-3355, or call the office toll free at 1-888-499-0012... they know where I am!!!

Open House in Dividend Ridge on Sunday

LEE KREPPS — Tue, 26 May 2009 21:35:00 GMT

Dividend Ridge, Osoyoos - We invite everyone to visit our open house at 11710 La Costa Lane on May 31 from 1:00 PM to 3:00 PM. This home is priced to sell and ready to move in to. Quick possession may be possible.

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Price Reduced on 11710 La Costa Lane in Dividend Ridge

LEE KREPPS — Tue, 26 May 2009 21:34:00 GMT

Dividend Ridge, Osoyoos - Announcing a price reduction on 11710 La Costa Lane, a 2,561 sq. ft., 3 bath, 3 bdrm 2 story "Huge Kitchen". Now MLS® $469,900 - Awesome New Price!!!!!.

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Christmas

LEE KREPPS — Tue, 16 Dec 2008 18:42:00 GMT

With only a few days until Christmas, I've been pondering what the holidays will bring. Not to me, in the sense of presents, but to all of us in the sense of peace. After all, this is supposed to be the time of "peace on earth and goodwill to all mankind", and I'm wondering how positive are people about all of this.

I read in the news this morning that Canadians have lost approximately $191 Billion in assets because of the stock market and lower house prices. To me, that's a bit of a shock as it works out to $5800.00 (again, approximately) for every person (33,000,000) living in our fair country. I don't think I'd lose a lot of sleep over my house going down in value by that much, would you? By the same token, with 4 of us in the house, and doing 'proper' math, that would reflect a drop of $23, 200.00. Still a lot lower then the housing drops experienced in the States, and nowhere near what the media has been telling us was happening. Effectively, I don't think that the prices will drop much more, and realistically, I foresee a rise in the price of housing in 2009 as interest rates fall, mortgage payments become more affordable. Yes, I know how we are tied to the U.S., but being an optomist, I just can't see this slump continuing.

How will it all turn out? I don't know. But I do know this, that to change our economy, we need to support our economy. I buy from you, you buy from me, that's economy. And that's how the world goes 'round.

So, instead of all of the negative in the media, I'll just wish you peace on earth, and a very happy, and a prosperous (and generous) New Year.

Thanks for listening. :-)

Lee

What is an ABR and what will they do?

LEE KREPPS — Wed, 19 Nov 2008 20:40:00 GMT

I've been asked this a lot since getting this designation, so thought I would answer it here for everyone to see.

First of all, here's a good question to ask: Does your real estate agent really work for you? It may be a surprise to learn that if you have not signed an agreement making an agent your representative, he or she likely works in the best interests of the seller.

So therefore, what is a Buyers Representative? Definition: A Real Estate agent employed to work in the best interests of a buyer in a real estate transaction. The agent's loyalties are with the buyer. It is the agent's duty to share any information about the property or sellers that may help the buyer make decisions regarding the transaction.

Agent status must be disclosed to all parties.

Buyer agency is defined as a principal-agent relationship in which the broker is the agent for a buyer, with fiduciary responsibilities to the buyer. What does that mean? It means that as a buyer's agent I am tied to the buyer, and that all of my loyalties are to the buyer.

Buyer agency is a relatively new concept for the real estate world. In the past, agents were Seller's Agents, working for the person who signed a contract employing them to sell real estate. Over time that arrangement resulted in too many misunderstandings. A buyer working with a Seller's Agent often regarded that person as his agent, and felt free to make confidential statements, not understanding they would be passed on to the seller. We can all be thankful that this has now changed.

Complaints were made to real estate commissions, and lawsuits were filed. As a result, many provinces now require us to explain agency status to the buyer. In British Columbia I must make this disclosure at the first significant contact. You will see this when you and I start working together. The first thing we will go over is a Brochure entitled "Working with an Agent" In my office, I talk with a great number of long-distance buyers, so that means I often disclose agency status over the phone, however, the brochure still must be read, understood and signed at the time of our first meeting.

In today's real estate world, you'll find agents who work as Seller's Agents and Buyer's Agents, and in some areas you'll see Dual Agents and Designated Agents.

I know that this might have sounded a bit complicated, but I also hope I've helped to clear up some of what an ABR is, and how I can help you.

Congrats to Jon and Stacey

LEE KREPPS — Thu, 29 Mar 2007 01:51:00 GMT

Thanks Jon and Stacey for giving me such a beautiful grand-daughter who is now 2 weeks old!!!!

More pics to follow.... love to all of you!

Apartment For Sale in East Osoyoos

LEE KREPPS — Thu, 01 Feb 2007 15:48:00 GMT

• 265 sq. ft., 1 bath apartment - MLS® #38268 $129,900 - A Great Investment

East Osoyoos, Osoyoos - Nothing beats a summer vacation in Osoyoos! Here's your chance to own an investment suite/rental recreation property that's provides you with income while you are not here. This bachelor suite comes fully furnished, has its own beach, is professionally managed for you and is nicely updated with a south-western flavour. Imagine being close to downtown, close to vineyards, close to golf, and close to amusements! Come live the good life with us, and make some money too!

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1 1/2 Story For Sale in Oliver

LEE KREPPS — Tue, 16 Jan 2007 00:50:00 GMT

Rural living only minutes to town.

• 1,288 sq. ft., 1 bath, 2 bdrm 1 1/2 story - MLS® #38110 $334,900

Oliver, Thompson Okanagan - A slice of your own paradise in the South Okanagan. Heritage style home, only steps to the paved 'international hike and bike' trail, the Okanagan River, and only 4 minutes from the town of Oliver, billed as the 'Wine Captial of Canada" Large flat level lot, some renovations completed, surround yourself by fruit trees and grapes, enjoy the covered front and back decks for your summertime living. Large 14 x 40 wired shop, plenty of parking for your big RV or what have you.... come and enjoy our lifestyle today! Realtor is related to seller.

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Wednesday, Dec. 6, 2006- Looking back on this year, looking forward to the next.

LEE KREPPS — Wed, 06 Dec 2006 23:27:00 GMT

What a year it has been! And it really went by fast, also. So many ups and downs, but in the long run, way more ups, I have to say. What were the ups? A new grandbaby! My oldest sons wedding, a trip to Costa Rica in February, 2 trips to Texas to visit the kids, the Grand Canyon, watching evening sunsets from my new home.... now that's what I call a lot of blessings! Oh, there were downsides, but I'm the kind of guy that likes to think the cup is half full......

And then there is my career.... so many new people, so many awesome clients... a big thank you to all of you who supported me, believed in me, and allowed me to help you with your dreams!!!! I feel blessed and fortunate to have met all of you and worked with you! And to my associates, for your help, your mentoring, and most of all your friendship, thank you so much.

I've been working on my goals for the upcoming year, and that is the time that I like to reflect on what I have done, and what I can do to improve myself, and my business. I'll be sharing more on that in the next few weeks, so stay tuned.

Property For Sale at 8115 366th Ave!

LEE KREPPS — Tue, 14 Nov 2006 22:05:38 GMT

8115 366th Ave
Oliver

Partially remodelled, and ready for your finishing touches. Legal suite downstairs, nice mountain views, just blocks to a public beach and schools. Close to downtown and golfcourse, not far from the international 'hike and bike' trail. Why wait for something else to come along when you can have it all right here. Nice level backyard could easily handle a pool too!!!
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Price: $229900CAD

Property For Sale at 14824 89th St.!

LEE KREPPS — Tue, 14 Nov 2006 22:05:23 GMT

14824 89th St.
Osoyoos

Lots of recent plantings in this mixed orchard. 1200 more trees ready to order if you buy before October, 2006. Smaller, older home has some remodelling started with new windows, and electirc heat installed. Some equipment included.
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Price: $629000CAD