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So if you take a look at whats on the market you'll find a lot of listings that have been on the market for more than 3 months.  These are sellers that are looking to test the market with their own price in mind.  However, there are consequences when it comes to not properly listing the price, especially in a declining market.  In a rising market, the market may catch up to your test pice.. ...

So i got contacted by someone who could be a potential client, who had some interesting questions.  I could tell by the email they sent that these were questions they were sending to more than one realtor.  And....i don't think they liked the answer gave them.  They're looking to sell their condo and upsize into something bigger.  So, here is the question they asked:" how do you approach t ...

Condos and Townhomes:2025Overall: 1886Spring: 542 (28% of entire year)  2024 Overall: 2171Spring: 659 (30% of entire year)  2023 Overall: 2415Spring : 809 (33% of entire year) Single Family Homes 2025Overall: 627Spring: 234 (37% of entire year)  2024Overall: 797Spring: 305 (38% of entire year)  2023:Overall: 820Spring: 376 (45% of entire year) richmond realtorrichmond real estaterichmon ...

So, this is a discussion that i had lately with both colleagues and clientsWith the market slowed down the way it is, are subject to sale offers back at play?  Well....not necessarily, and it depends on who you talk to. So, here is my take on subject to sale offers here in 2026. If you were to write a subject to sale offer on my listing, i wouldn't be inclined to be working with it.  And ...

Hi everyone, lets talk about the spring market for a second.   No i'm not going to tell you its the best time to sell, or its the best time to buy, but over the years, the spring market has a had this... narrative, and i'm making this video clarify a few things.  And in case you dont me, my name is Ray Estrella, and I am a realtor with Sutton Group Seafair Realty and the main part of my b ...

So, wehere we left off was my client and i not getting a property on a multiple offer, which i didnt' care so much because there were unauthorized renovations to the unit, which was disclosed on a material latent defect disclosure. The MLD included that the strata knew about it. So, a few days later, i got a call from the realtor saying that the accepted offer didn't go through and wanted to ...

So, here's what just happened.  A buyer and I found a nice 1 bedroom we liked, and we decided to gather more information on it, with the intention of writing an offer.  One document that was available to view  was something called a MATERIAL LATENT DEFECT disclosure.   What that is is a sheet that discloses items that may be potential issues.  Common reasons to see a material latent defect ...

These are the numbers for Richmond BC from exactly a year ago vs. nowJanuary 2025 Condos- 732,200January 2026 Condos- 676,400(-6.3%) January 2025 Townhomes -1,110,800January 2026 - $1,057,400 (-7.3%) Single Family HomesJanuary 2025 - 2,178,300Now- 2,036,800(-5%) richmond realtorrichmond real estaterichmond townhomesrichmond homes for salerichmond condos for salesteveston homes for salestev ...

Hey everyone, Is 2026 your year to make a move?   Well, even if you're just pondering it, watch this!  This will give some quick details why 2026 is a lot different from....many other years! But first off, if you don't know who I am, my name is Ray Estrella, and I am a real estate professional here in Richmond, BC.  Everything that i do is based on a Family First approach.  Which means all ...

Hey Everyone,Happy new year.   The family and I just back from an amazing trip to Japan, and Ilove  to share with you what I brought back.   And no, its nothing material, even though there was lots of shopping at our disposal.   I may have spent about 50 dollars at the capcom store and and 20 bucks on a mug that I liked in Disneyland, and thats about it.  So, physically, i barely broug ...