Sellers

Negotiating the sale price of your home is often one of the most stressful parts of the home selling process. To negotiate a home's price as a seller, set a competitive price , highlight key features , and understand market conditions . Be prepared to counteroffer strategically , offer incentives , and stay flexible while protecting your bottom line. A skilled real estate agent can help maximize value and close the best deal. Key TakeawaysSet a fair list price based on comparat ...

So, you're curious about the difference between residential and commercial real estate? Well, you're in luck! Residential properties are all about homes—think cozy apartments or houses where families live. On the flip side, commercial properties cater to businesses, like shops and offices. The financial rules even change; for instance, commercial loans usually come with higher interest rates. If you're itching to learn more about leases, management, and the nitty-gritty of this world, just ...

Pros And Cons Of Selling A Home For Sale By Owner Fsbo It’s no secret that selling a home can be an overwhelming and stressful process. But what if you don’t have to hire a real estate agent? Have you ever thought of selling your own home “For Sale By Owner (FSBO)” as they call it? It may sound intriguing, but before taking the plunge there are a few pros and cons you should consider. I know this because I recently sold own house FSBO-style as a Realtor! After researching all the diffe ...

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 decision-making should be considered. Overall, fractional ownership opens up real estate investment opportunities with the tradeoffs of shared ownership. Have you ever gone in with friends on a pizza b ...

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 real estate prices refer to different calculations used in determining the cost of homes within a particular area. Average price takes into account all homes sold in a gi ...

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 set you up for a smooth rental process and positive living experience.Key Takeaways:Ask about monthly rent, deposit amounts, and what utilities are included to determine total housing cos ...

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 TakeawaysA real estate holdback retains part of the sale proceeds in escrow to motivate a seller to fulfill obligations.Holdbacks must be negotiated - they are not automatically imposed.Well-drafted holdback terms are critical to avoid disputes about release of funds.Holdback ...

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 the buyer, what do you do? Follow these tips and you'll be well on your way to a smooth, successful sale. Key TakeawaysPrice your condo competitively based on location, amenitie ...

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 to guide you through it! As an experienced real estate agent who has conducted thousands of CMA's in British Columbia, I can tell ya that there're certain steps and methods which will help make sure every s ...

Selling a rental property that is currently occupied by tenants can seem daunting for landlords in BC. However, with some knowledge of the Residential Tenancy Act and best practices, the process does not have to be overly difficult. To sell a tenanted property in BC, follow tenancy laws. Give proper notice—two months if the buyer plans to move in. Respect tenant rights during showings. Review the lease; fixed-term leases require buyer assumption. Offer relocation compensation if require ...

If you’re looking to sell your home in today’s market, chances are high that you’re in luck. Much of the country is experiencing a major seller’s market right now, meaning high buyer demand and low housing inventory. For homeowners, this spells an opportunity for top dollar on the sale. To sell your home in a seller’s market , price competitively to attract multiple offers, stage your home for maximum appeal, and set an offer deadline to create urgency. Work with a skilled real estate agen ...

 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 through everything you need to know to successfully navigate the world of BC real estate auctions.Key TakeawaysBC hosts various types of real estate auctions, including gove ...

Are you looking to sell your home in British Columbia but would like to stay living there? Rent-back agreements are an excellent option that can help. As an experienced real estate agent, I'm here to tell you all about it! As per my expertise in hundreds of real estate deals as a realtor in Vancouver , I have ran into a few rent-back sales. The rent-back agreement let's you keep on renting the same property even after selling it and is a great way for homeowners to make sure they don't get ...

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 seller. Understanding how to create the right conditions for multiple offers can significantly impact your final sale price. One strategy is to generate high demand by setting an attractive lis ...

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 between selling vs renting a home in British Columbia. Key Takeaways:Selling provides a quick influx of cash, while renting offers potential long-term income. Evaluate your immediate nee ...

Are you considering selling your home in Canada? If so, it's essential to properly interview a real estate agent to ensure the best possible outcome. As an experienced real estate agent with more than 20 years of experience helping clients sell their homes in Canada, I'm here to guide you through the process and help make sure that you find the right realtor for your needs.When looking for a realtor when selling your home in Canada, it is important to take the time and invest energy int ...

 The cost of selling a house in British Columbia (BC) includes several expenses:Listing Fees for Realtor Services: $60,000-$80,000 (3-4% of sale price)Legal Fees: $1,400-$2,500Home Staging: $2,000-$5,000Home Inspections: $300-$500Mortgage Discharge Fee: VariesProperty Transfer Tax: $46,000 (1% of first $200,000 + 2% of remaining $1.8 million)Capital Gains Tax: Up to 26% of 50% of capital gainsDecluttering/Cleaning: $300-$800Exterior Curb Appeal ...

Are you considering selling your home in Vancouver and buying a new one in Kelowna? If so, you're likely looking for some advice on how best to make this transition. As an experienced BC real estate agent who works with clients all over British Columbia, I can provide the guidance you need. In this article, I'll discuss what it takes to sell your current home quickly and efficiently while finding the perfect new property in Kelowna. Real estate is always changing - prices are in flux and trend ...

As an experienced realtor in Vancouver for over 15 years, I've seen my fair share of booms and busts in the local real estate market. But one thing that has remained constant is the importance of staying on top of key statistics that impact sales, such as the average number of homes sold annually per realtor. Comparing this year's real estate marketing stats with previous years can reveal surprising insights, hinting at potential strategies for boosting brokers' sales volume and gross comm ...

Selling your home without a realtor in BC, known as FSBO (For Sale By Owner), can save you money on commissions but requires more time, effort, and expertise on your end. Do your research to determine if going the FSBO route is right for you. Most sellers will benefit from at least some professional assistance. If you are selling a tenanted property , familiarize yourself with the Residential Tenancy Act to ensure you follow all legal requirements, including proper notice periods for sho ...