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New Legistlation regarding tenancy

July 15th, 2024
Amendments to the Residential Tenancy Act and the Manufactured Home Park Tenancy Act Date: July 15, 2024 Distribution: Real Estate Licensees Advisory Number: 24-026   Purpose This Advisory informs real estate licensees of changes to the Residential Tenancy Act and the Manufactured Home Park Tenancy Act as a result of Bi ...

Richmond Report June 2024

July 9th, 2024
So, the numbers are out, so lets take a look at whats been happening in our home town of Richmond BC-For single family homes, we saw a benchmark price of 2.06M. That represents a decline of 10% since the May.-We also saw an amount of sales go down by 5% from the previous month.  -And we're also seeing turnaround times for sales increase from an average of 1 and a half weeks to 3 weeks.-Most p ...

Presale Considerations

June 26th, 2024
Buying a home that does not complete for some time has some unique considerations. Who is the developer and what is their track record? When is closing? May I assign the unit prior to closing, either with or without penalty? What if there are deficiencies?  We have had a page on our website for a while now dealing with these and other such issues, but we now also have a video. Why read an a ...

Richmond Report - May 2024

June 6th, 2024
So, the numbers just came out, so lets take a look at whats been happening in the month of May in our home town of RIchmond BC.For single family homes, the benchmark price reached 2.218M, which represents a 1.2+ increase from last year.   Last month, we saw an amount of inventory come onto the market more than buyers. For the month of may, same story!  With only a 12% selling ratio Most p ...

Kangs Kitchen

June 5th, 2024
So, if you like Korean food, theres a complex called Hanin Village in Coquitlam and its got so much good food, whether you're looking just to eat at the market or looking for a sit down place, or even a coffee shop.   The kids wanted fried chicken, and we wanted noodles, so we decided on a place called Kangs Kitchen.  After looking at their instagram page we decided to go with a patron favor ...

Family Game Night 2024

June 5th, 2024
So, in a couple of weeks, well be hosting Family Game Night once again!   Last time we held a huge client appreciation, it was in 2022 at the same venue.  Now, we're bringing it back for our clients enjoyment.   This place is pretty cool. Its one of Greater Vancouver's latest electric playgrounds, like a modernized Chuck E Cheez with more than 27,000 sq foot of gaming arena space.  It als ...

Just Sold: 309-9299 121 Street

June 5th, 2024
This was an interesting sale.   We followed the market closely for months.  Originally listed at 585k we ended up getting an offer right away, which didnt go through.  With another unit for sale in the building sellinng for 610, we made a plan to relist the property at a higher amount. 2 months later, we sold for 15 more than our original offer.  Definitely worth canceling the listing to fol ...

where do i begin

May 28th, 2024
The common thinking of many is that when you are buying your first home, it is a stressful experience. Do you know that it doesn’t have to be? How do I know this? Each year, I work with multiple first-time buyers. Minimizing stress starts with a realtor that understands what is important to you, and staying within your budget is a must! But here are two things that first time buyers ...

Richmond report- April 2024

May 6th, 2024
The numbers are out, so lets take a look at whats been going on in our home town of Richmond BCFor single family homes, the benchmark price showed increase of 3.1% since last year.  This is interesting...Sales ratio for single family homes at 10%.  This is typically what happens when a lot more inventory comes onto the market than buyers.The most popular area for the month of April...McNair ...

Realtor tip on social credibility

April 18th, 2024
So here's a discussion i had with clients when we were doing our key exchange: They were saying "Oh, we're so glad we met you, your service was excellent....etc "but....i have to admit, we had to do some research on you before we hired you as our realtor." Now a little background about this client: they were a referral from a couple of A+ clients in my database And heres a reminder for all ...
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