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Jul
24
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The name Jim Pattison seems synonymous with real estate. In fact, according to his own website, the Jim Pattison Real Estate Group owns and manages over 12,000,000 square feet of income-producing properties throughout Canada and the US! Jim Pattison is the sole owner of the Jim Pattison Group which is the second largest privately held companies in all of Canada. In 2013, Pattison was ranked as the 3rd wealthiest person in Canada according to Forbes Magazine and number 219 on the worldwide list of billionaires.
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Jul
16
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HARD WORK PAYS OFF–It sounds like a cliché, but I really wish that I had realized that when I was working 100+ hours a week as a new realtor, wondering if the toll on my body and confidence was worth it, that I had known and believed then that hard work does pay off. There are no shortcuts to success, and hard work is simply a key ingredient that cannot be left out. Watch a child who is learning a sport for the first time such as hockey struggle to learn how to skate, even though they continue to fall time and time again. The kids who pick themselves off and commit to practicing are the children who often enjoy playing hockey even into adulthood. The children who give up too soon may have been destined for greatness, but allowed themselves to quit when they didn't enjoy easy success. Michael Jordan has often shared that he was not the all-star basketball player (especially when it came to his consistency for making shots), in his early high school years, but because he worked harder and practiced more than other players. This hard work gave him the edge to become one of the world's greatest basketball players of all time.
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Jul
09
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I read an interesting blog that looked at what special rooms are becoming popular again. Much like the real estate market itself, interior design and home styles are cyclical in nature. One such trend that is apparent to many home buyers in Nanaimo is the surge of new homes offering legal suites. For many, this allows buyers to afford a bigger or more executive-style home as the rental income offsets the cost of the mortgage. However, suites have been popular throughout the decades for other reasons as well. Years ago, the wealthier families would hire an "au pair" or nanny for the children and if you look at old real estate ads, you might have seen the wording that a home had an "au pair suite" which was a smaller apartment-like area that the nanny lived in usually with a bathroom and small kitchen area. For many cultures, the notion of an "in-law" suite was made popular as a means of caring for relatives as they aged. Today, many families are co-habitating to reduce living expenses and address the need for in-home childcare as both parents often work outside the home. According to Kermit Baker, chief economist for the American Institute of Architects, "many households want to ensure that their homes can support the needs of aging parents who may be staying for an extended period of time and other visitors with accessibility needs."
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