AI has already revolutionized the real estate industry and the way homeowners, buyers, investors and agents purchase or sell a property. With AI-powered platforms and tools into new heights, market observers are asking themselves: where will AI take real estate in the coming years? In this blog post, I will explore how AI is transforming […]
As our world becomes a global village, more students are turning toward international horizons for higher education. Canada and the US are two popular choices among international students for educational pursuits. However, with all of their options, which one should you select? Below we discuss both countries’ advantages and disadvantages when attending school, including actors […]
FOR IMMEDIATE RELEASE Richard Morrison, a 20 year veteran Vancouver Realtor®, has unveiled a GPT4 powered AI Realtor®-like tool called AI PropertyIQ, a revolutionary tool set to transform the real estate industry by providing enhanced property intelligence. Vancouver, Canada – [June 12, 2023] – Vancovuer real estate luminary Richard Morrison is thrilled to announce the […]
Home buying in British Columbia just got a little less stressful. As of January 1st, 2023, BC has implemented a new 3-day “cooling off” period for homebuyers after an offer is accepted by the seller. This gives buyers some breathing room to conduct due diligence before being locked into a purchase. Key Takeaways As a […]
Are you an international student in Canada who wants a house? Have you wondered if you can buy property and live your Canadian dream ? Good news—possible. it’s This article will explain how international students can buy a home in Canada. International students are often thought of as temporary students studying abroad, but many have […]
Canada Housing Ban On Foreign Buyers: Ultimate Guide Canada’s foreign buyer ban on residential real estate has undergone some key changes since it was first introduced. This controversial policy aims to make housing more affordable for Canadians by limiting foreign investment in the residential property market. Key Takeaways: In June 2022, Parliament passed legislation prohibiting […]
According to a recent report from the National Bank of Canada, it would take almost four years to save up for a down payment on a non-condo house in Vancouver. A person would have to make $230,488 per year to save up for a down payment of $1,342,184. For a Vancouver home buyer, that would […]
Are you interested in learning more about the famous people who call Vancouver home? As an experienced realtor living here for 30 years in Vancouver, I can tell you that this beautiful city is filled with amazing talent. From actors and musicians to athletes and business moguls, there are countless celebrities living among us! In […]
Augmented Reality (AR), Virtual Reality (VR), Mixed Reality (MR) are a lot helpful to many industries but one, in particular, Real Estate. The latest innovations in Augmented Reality (AR) and Virtual Reality (VR) technology are changing how real estate properties are designed, bought, sold, and managed. In simple terms, AR and VR are immersive technologies […]
Whether you’re looking to buy or sell a home, having the right real estate agent by your side can make all the difference. Read More: Limited Service Real Estate Agents. But with so many agents to choose from, how do you find the perfect match? This comprehensive guide reveals the top traits of fantastic realtors. […]
Purchasing a presale home in British Columbia? Then you need to know about the BC Presale 7 Day Rescission Period. This crucial timeframe allows buyers to back out of a presale purchase agreement, no questions asked. Understanding how this rescission period works is key to making an informed decision when buying a presale property. This […]
Purchasing a condo can be an exciting first step into homeownership. Read More: Guide to buying a condo . But before you make an offer, you’ll want to do your due diligence. Learning the right questions to ask when buying a condo will help set you up for success as a first-time owner. Key Takeaways […]
With housing prices rising across Canada, more and more homebuyers are looking into purchasing new builds and presale condos. However, buying a brand new home comes with additional taxes that resale properties do not have. These taxes, such as GST or HST, can significantly increase the overall cost of the purchase. For those wondering what […]
Buying property in British Columbia? Then you’ll need to pay close attention to the property transfer tax (PTT). This tax applies whenever property changes hands in the province. The good news is that BC has several property transfer tax exemptions that could save you thousands of dollars. This comprehensive guide will walk you through everything […]
The Home Buying Process in BC As someone who has vast experience the BC real estate market , I know that understanding the process and timeline is key to making informed decisions and securing your dream home . You may be wondering how long it will take to close on a home, which typically takes […]
Renting out your strata unit in British Columbia just got a whole lot easier. Recent changes to the Strata Property Act have removed almost all rental restrictions previously imposed by strata corporations. As a realtor in the Lower Mainland for over 15 years, this is excellent news for my clients looking to enter the rental […]
Finding the perfect home is just half the battle in real estate transactions, understanding key terms like “closing date” can often be a maze. In British Columbia, the closing date marks not only the transfer of property ownership but also when funds are moved from buyer to seller . This post will guide you through […]
Yoga is often a spiritual practice. In yoga, you learn to be present in the moment and take time for yourself so that you are able to better meet the needs of others. The real estate industry is all about being present in the moment – it’s up to us as realtors to make sure […]
The effects of COVID-19 upon the world and its economies has been far-reaching, with the real estate sector bracing for long-term impacts and fighting to preserve values and liquidity, whilst keeping tenants and clients safe. Depending upon asset classes and the strength of regional markets heading into the pandemic, there have been varied and surprising […]
I bumped into one of my neighbors at Starbucks today while getting my daily dose of Starbucks $7 latte (Because nothing says ‘fiscal responsibility’ like drinking a mortgage payment in liquid form.). She and I started chatting about the Vancouver real estate market, and how expensive it is, and how she wished she bought 5 […]
Buying or selling a home can be an exciting yet stressful time. As a buyer or seller in British Columbia, it’s important to understand your rights and options for representation when engaging in real estate transactions. This is where the Disclosure of Representation in Trading Services – commonly known as the DORTS form – comes […]
Real estate transactions involve large sums of money changing hands. To prevent money laundering and terrorist financing, Canada has strict regulations around reporting and monitoring these transactions. Enter FINTRAC. Key Takeaway: FINTRAC (Financial Transactions and Reports Analysis Centre of Canada) is the federal body that oversees financial transactions, including real estate, to detect and deter […]
Making an offer on a new home can be incredibly exciting, but it also comes with a lot of risk if you don’t fully understand the financing process. Putting in an offer contingent on securing a mortgage, also known as “subject to financing,” is a critical way for buyers to protect themselves financially and avoid […]
After investing time, money and effort to get your home ready for the market, receiving a lowball offer can feel like a punch to the gut. But while lowball offers are always frustrating, they’re a normal part of the negotiation dance. With the right mindset and skills, that lowball could become your dream offer. This […]
Buying or selling a home in British Columbia? You’ll likely encounter something called a Property Disclosure Statement, or PDS. This important document can influence the deal, so it pays to understand what it is and how it works. Let’s break down everything you need to know about the property disclosure statement BC residents rely on. […]
Making an offer on a home is an exciting yet stressful time. As a buyer, you want to make your offer as attractive as possible to the seller. One key component is the deposit amount – but what exactly is a deposit, how much should you offer, and what happens if the deal falls through? […]
Are you debating whether to move to Montreal or Vancouver? Freedom-seekers often consider cost of living. I’ll compare the two cities’ costs to help you decide. Montreal and Vancouver are desirable Canadian cities with vibrant city life and many work and leisure options. How do they compare for what matters most—your wallet? We’ll compare each […]
Want a secure home? British Columbia has many peaceful neighbourhoods . From bustling Vancouver to small towns in the Coast Mountains, this province offers refuge from life’s worries. Find out which BC cities are the safest to live in if safety is your top priority. In this Canadian province there are many great places to […]
Vancouver? Consider many factors before making the big decision. One of Canada’s most populous cities, its cost of living has steadily risen. This can make moving to Vancouver scary. There are many reasons to regret moving to the city, despite its culture and lifestyle. To help you decide if moving to Vancouver is worth it, […]
Love in a big city is like finding a needle in a haystack. If you’re single and looking for love, Canada has many great cities where you’re more likely to find it. If you’re game, here are Canada’s 12 best cities for singles! These places are popular with singles due to their vibrant nightlife, culture, […]
BC’s best places to live are here! Vancouver, Victoria, and mountain towns offer something for everyone in this province. Let us help you decide where to go as a young adult living or moving here. I’ve researched what makes each destination unique, so you can choose the one that fits your lifestyle. Let’s start with […]
Have you considered investing in rental properties but hesitated due to the initial investment? In Canada, you can buy rental property without a down payment. Even without much capital, this opportunity can be used to build a real estate fortune. How? This article explains how to buy rental property with no money down using seller […]
Are you a Canadian homebuyer debating a row house or townhouse? Not alone. Because each property has pros and cons, many Canadian homebuyers face this dilemma. We’ll compare these two types of properties so you can choose the right one. We all subconsciously want to belong—to family, friends, or ourselves. Canadians want to buy the […]
In the midst of a hot real estate market, where prices are skyrocketing, buyers may be eager to make an offer on their dream home. Once the buyer and seller sign a standard real estate agreement, the purchase becomes legally binding. But what happens if the homebuyer suddenly has a change of heart? Can they […]
Planning to buy a house in Canada? One of the first things you’ll need to figure out is how much money you’ll need for the down payment. This upfront amount is crucial for getting approved for a mortgage and securing your dream home. Key Takeaway: The minimum down payment on a house in most of […]
Canada is known for its stunning landscapes, friendly people, and high quality of life. But that high standard of living comes at a cost in some cities. Housing, childcare, groceries and other expenses can take a big bite out of your paycheck in Canada’s most expensive urban areas. Key Takeaways: Real estate plays a starring […]
Are you looking for the cheapest place to buy a house in Canada ? You’re not alone – with soaring real estate prices , it can be tough to find an affordable home. But don’t worry! I’m here to help. In this article, I’ll show you where to look and how to get the best […]
Deciding whether to build or buy a home is a big decision. With housing prices at all-time highs across Canada, more homebuyers are wondering if it’s cheaper to build than buy. Key Takeaways The answer depends on your budget, timing, location, and desire for customization. Here’s a detailed comparison of the costs, timeline, pros, and […]
Homeownership can seem out of reach for many first time homebuyers in British Columbia. With housing prices skyrocketing, saving enough for a down payment is no easy feat. But take heart – there are numerous programs and incentives to help you buy your first home in BC! This comprehensive guide will walk you through the […]
Leaky condos? What does it mean in Vancouver real estate? As an experienced analyst and resident of this beautiful city , let me explain why leaky condos are a problem and how you can avoid them when searching for your dream home . Water damage from inadequate waterproofing seeping into stucco or wood siding causes […]