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So, the stats are out for the month of October, so lets take a look at whats been happening in our hometown of Richmond,BC For single Family Homes, a selling ratio of 12%.  This is the first balanced market month in about 5 months.  The most popular area for sales is a neighbourhood i havent seen before....the Quilchena area with a 31% selling ratio!  If you're looking to buy, you migh ...

Here are some nuggets from our hometown of Richmond, BC for the month of September In september, we saw a 22% difference in the amount of sales vs. August. Usually in the last few weeks of August, we see a significant decrease of activity.And, its no surpirse that right after labour day, about 3 weeks worth of activity occurs the week after laybour day.  The most active market for single fa ...

So, this is a photo from a virtually staged property of a home that we saw last weekend.  And to tell you the truth, im not too fond of vrtually staged photos....well, at least since this week.Virtually staged photos are fake! They're misleading! And maybe there should be some advertising standard when it comes to photos used in real estate.  So, what happened was that i showed this listing ...

So....this is a a real situation that happened with a client last week!   We saw a beautiful home....wrote an offer in multiples, and we retracted our interest.  What we found out that this beautiful home that we loved was renovated without permits.  So heres a copy and paste of an article to help understand risks of buying a property without permits done If you have been looking fo ...

So, lesson learned!  Here's a tip if you're looking to buy or sell a tenanted property: Try to keep a few days seperation between the time frame of when the tenant moves out and possession date.  And its not a tip that solely focuses on tenants, it just there is one extra step that seperates an owner occupied property and a tenanted, and thats the final walk through that  concludes the r ...

https://www.cbc.ca/news/canada/british-columbia/bc-family-evicted-1.6947614 So here's a story of a family that got evicted wrongfully and was awarded 27K as per the residential tenancy act. Now, usually when we see this headline, its usually because of some sort of unethical action to have the tenants removed.  However, this wasn't the case.  The property the family lived in was a townho ...

So, i sent out a postcard to my farm area with a call to action to ask me anything and here is one of the questions i got:  "I'm looking to get my real estate license next year. How did you choose your office?" Well i work for Sutton Seafair, an exclusively canadian brand brokerage. I looked at two things: 1. I got advice from a colleague to work with a manager you can trust.  Especial ...

Stats just came out! Lets do a quick run down.-Overall for single detached, its a balanced market. -Most popular price point is the 2M-2.25M mark.  -There were no sales in July less than 1.5, with an active inventory of 10 -Most popular area is Steveston Village with a selling ratio of 100%-If you're looking to buy, check out these neighbourhoods: *the Hamilton and McNair areas both have i ...

So earlier, we talked about pre-inspections, and they meant to a buyer.  But if youre selling your home, does this mean a pre-inspection is a waste of money.  Not necessarily. If youre a homeowner that doesn't have the best attention to detail of your own, and theres nothing wrong with that, you may want to hire an inspector to inspect the property before the property hits the market, a ...

So we looked properties with a client this weekend, and we saw a new home for sale and the realtor said the property has already been inspected.  I responded....great!   My client was wondering, if we put an offer on this property, does that mean we can skip the inspection and I said NO!  Well, if its been inspected, then why do we have to do another inspection? And the principle is ...