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Ask Me Anything: Why did i choose my office?

August 10th, 2023
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 ...

July Real Estate Recap- Richmond, BC

August 3rd, 2023
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 ...

REBGV Market Stats - July 2023

August 2nd, 2023
Strong sales push Metro Vancouver home prices past July rate hike   Home prices across all home types in Metro Vancouver1 rose again in July, as strong sales figures continue to push up against low levels of housing inventory in the region. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales2 in the region totalled 2,455 in July 2023, a 28.9 per cent ...

What does an pre-inspection mean (for seller)?

July 21st, 2023
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 ...

What does a pre-inspection mean ( for a buyer)

July 21st, 2023
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 ...

Modus

July 18th, 2023
So this is some recent news thats been making waves in the vancouver real estate market.  The Modus development on the west side of Vancouver is a townhouse development in the midst of being built.  These were marketed and sold in 2021 as concrete townhomes.   In the last month, the developer sent a letter to all its purchasers saying that the developement will be a wood frame building.  ...

REBGV Market Stats - June 2023

July 6th, 2023
Home prices continue to rise in housing market to kick off summer   Continuing the trend that has emerged in the housing market this year, the benchmark price for all home types in Metro Vancouver1 increased in June as home buyer demand butted up against a limited inventory of homes for sale in the region. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home ...

Special Levies are INEVITABLE

June 27th, 2023
This is the Gardenia building in East Vancouver.  If youre looking to buy an affordable condo in vancouver, you may bump into this property in particular. People ask 'oh why is this such a good price?' So, lets talk about that shall we.  In an earlier video, i mentioned that  special levies are inevitable.So lets talk about a few different examples.  3451 Springfield.  This is 3451 Sp ...

What a single item can tell you about rest of the house

June 27th, 2023
So here is how a single item in a house can tell you more about the house you're aboutt to buy.  A lot of times, buyers ask how old the hot water tank is.  They ask because they want to know how long it will be before they have to replace it. However, there is a lot more a hot water tank can tell you about the rest of the house.   So, before i go on, this isn't science, or professional ...

A quick tip about special levies

June 14th, 2023
So when we take buyers out, we get a common question "Are there any upcoming special levies"  However, the reason why people ask this is to avoid any kind of future expenditures. I get it, nobody ever wants to pay for a special levy, even though they haven't owned the property for long. However, special levies do serve a purpose.   I do find this the wrong question to ask, however it is im ...
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