2011 has been a fun year in Vancouver Real Estate...We had a Spring market full of multiple offers, I had one client that wrote 7 offers before we finally got them a townhouse in North Vancouver (that said the home they got was the best of the 8 we wrote offers on and they will freely admit this, but still slightly frustrating).
We had a somewhat normal summer (whatever normal means) buyers ...
This picture is of a $15,000 bathroom renovation in a condo in Greater Vancouver, problem is I can't see a thing... I guess this is a walk-in shower with a glass enclosure, maybe a granite counter, and a toilet perhaps?
Come on people!
You spent $15,000 on your new bathroom and this is the kind of photos being used to sell the property? WTH! If I am the owner of this condo then I am raging ...
Albert Einstein defined Insanity as: "Doing the same thing over and over again and expecting different results." By this definition many home sellers in Vancouver and most Realtors are freaking insane!
How many Realtors are using the same tactics to properties that worked in the 70's and 80's but have no relevance in today’s market? "It I keep putting an ad in the paper the phone has to ring ...
It blows my mind that we even need to talk about being honest in real estate but here we are...
Honesty is a two way street when it comes to selling your home:
1. You need a Realtor that will be honest with you, not someone who will tell you what you want to hear just to get your listing. That said you need to be open to hearing the truth about your home; its value, condition and what needs ...
Yesterday someone told me to "keep my negativity to myself" I quickly apologized and our conversation ended. Afterwards I was thinking if I had been overly negative about her situation. I by no means consider myself a negative person; I have been known to get stressed out once and a while and bang my fist on my desk with excitement but I am always positive about our market, my profession and ...
Below is an article published today in the Vancouver Sun stating "Average BC home price hits record high of $505,178 in 2010" As Realtors, Buyers, Sellers, publishers and the public we need to stop looking at things like average price for anything other than pure amusement.
Take the West Side of Vancouver; a condo in Fairview has a much higher average price then a condo in Marpole but they ...
You have heard the horror stories: You parents friend who bought a condo and had to pay $100,000 because it was leaking, your cousin’s boyfriend who unknowingly bought a grow-op, the dude you went to high school with who mortgaged more than he could actually afford and ended up in foreclosure, that guy in the paper who decided he didn’t want to complete on his presale condo and thought he wou ...
Everyone is looking for VALUE, especially now that we have realized Vancouver Real Estate is not bullet proof and we can no longer use our homes as short term savings accounts. The hard part is trying to figure out what constitutes VALUE.
Some people look at price per square foot, sure this can work if things like view, finishings and location are meaningless... people talk about "bang for y ...
As prices in Vancouver have decreased but rents have stayed high we have seen an influx of first time investors. Buying an investment property is very different, however, then buying a home. When you buy a home you look for things you like and that you deem important; square footage, a large deck, granite counters. When you buy an investment property things like rent potential, maintenance fe ...
Email from the Real Estate Board of Greater Vancouver. Received February 12, 2009, 11:55am.
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Dear member,
Early this morning a West Vancouver real estate office was subject to a break-and-enter. One Supra lock box key, pin number and instructions have been reported stolen. The sole intent of this break-in appears to have been to obtain lock box access. The security of all Supra lock boxes ...
