For anyone who currently owns real estate and is planning to move (whether to upsize or downsize), they are confronted with the question: should I buy or sell first? There is no right answer to this question. The best answer depends on several factors — both personal and objective…
We have many clients with young families who need 3 bedrooms, want to stay in Vancouver ideally, yet cannot spend over $1-million. To say the least, it can be challenging to meet these criteria. Although the market is constantly changing, we are going to provide our top 10 examples we’ve either sold or noted on the market over the past while. These examples should provide some inspiration or ideas for those with these same needs…
Today, I am going to be participating in a multiple offer situation with one of my buyers. In the video above, that I made yesterday, I describe five of my tips to winning a bidding war in the Vancouver real estate market. Below, I describe these five tips in writing.
Within the Vancouver housing market it is not uncommon for listings to be under-priced with a deadline set for offers. In these situations…
When looking for a great, high-performing Vancouver rental property, look for the following things:
1) Maximize the ratio between rental rate and purchase price. Just because you pay more or less for a property does not mean that the rental rate increases or decreases proportionately. For example…
1. Not having a Mortgage Pre-approval (or having an Incomplete Pre-approval)
2. Having a Lack of Vision or being Too Easily Fooled
3. The Grass is always Greener
Recently, Re/Max put together a livability report which summarized which factors are most important to Canadian home buyers when choosing a home. ‘Livability’ refers to the characteristics about a street, neighbourhood, or city that resonate emotionally with its current and prospective residents. These are features and characteristics that tend to make people ‘love’ where they live. We believe the results of this report apply specifically to Vancouver to we wanted to report on it.
Key Questions to Get you Started:
What is your maximum budget? Do you have a preferred budget?
What areas of Vancouver would you consider?
Do you prefer new-ish, brand new, or older?
Would you be open to updating or renovating?
What is the approximate size you would like: specifically, the number of bedrooms and the number of bathrooms?
Is outdoor space important to you?
Is the directional exposure important to you (for example, having morning sunlight or evening sunlight in certain parts of the home or property)?
What are our high priority features (i.e. Fireplace? In-suite laundry? Pool?)
How close would you like to be to transit, schools, shopping/grocery, hospitals?
What other types of rooms to you need? (i.e. Den? Formal dining area/space?)
Do you require a garage or extra parking spaces?
Do you require storage?