13 articles from August 2016
Fractional ownership allows multiple investors to purchase shares of a property, providing affordable access to real estate that may otherwise be unattainable. Though fractional ownership offers benefits like shared costs and flexible usage, limitations like resale restrictions and consensus decisio
Have you ever wondered what the difference is between average and median real estate prices? It’s a commonly asked question in today’s market, so let me explain. As an experienced Realtor, I understand how important it is to know the differences. The first thing to note is that average and median re
Renting a home in British Columbia can be an exciting yet stressful process. As a renter, you want to find the perfect home that fits your needs and budget. However, renting also involves legal contracts, negotiations, and financial commitments. Going in prepared with the right questions will help s
When buying or selling a home, you may hear the term "holdback" used by realtors, lawyers, or lenders. But what exactly is a real estate holdback and when are they used in a property transaction? Key Takeaways An Overview of Real Estate Holdbacks A real estate holdback refers to a portion of the sal
When I first helped a young couple navigate their home purchase in Metro Vancouver back in 2018, they thought buying their first home would be as simple as finding a place they liked and signing some papers. But after six months of searching, multiple rejected offers, and countless sleepless nights,
Vancouver is known for its stunning natural beauty and vibrant, cosmopolitan lifestyle. For many, owning a piece of this world-class city is a dream come true. But when it comes time to sell your Vancouver condo, the process can seem daunting. For example, if you receive a subject to sale offer from
Are you a real estate agent looking to get the best deal for your client in BC, Canada? Doing a comparative market analysis (CMA) is essential if you want to ensure that both parties are getting fair value out of the transaction. But how do you go about doing one? Don’t worry – I'm here […]
Real estate development can be a lucrative business, but it requires knowledge and experience to truly make money. Knowing the ins and outs of how real estate developers earn their profits is key if you are considering breaking into the industry. In this article, we’ll explore all the ways that real
When I started working with landlords selling tenanted properties fifteen years ago, most of them thought they'd need to evict their tenants first. But here's what surprised me after helping dozens of property owners through this exact situation: selling a house with tenants in British Columbia is n
Buying property at a real estate auction in British Columbia can be an exciting way to get a great deal on your dream home or investment property. However, auctions have their own set of rules and procedures that are important to understand before jumping in. This comprehensive guide will walk you t
When I first encountered a client who needed to sell their Vancouver home but wasn't ready to move out, I thought it was an impossible situation. But after helping dozens of BC homeowners navigate rent-back agreements over the past decade, I've learned this arrangement is far more common—and benefic
Selling a home in BC's fiercely competitive market often means navigating intense bidding wars. While stressful, bidding wars give savvy sellers opportunities to maximize sale prices. This comprehensive guide covers everything you need to effectively leverage bidding wars to your advantage as a BC s
Deciding whether to sell your home or rent it out when moving can be a tricky decision. Both options come with pros and cons, and the right choice depends on your financial situation, goals, and the local housing market. This comprehensive guide examines all the key factors to weigh when choosing be