Lots of changes in BC Real Estate as of June 15, 2018! These are significant changes and we as realtors have to go thru extra training, extra courses and exams!
If you have not heard of this, here are brief points on what is happening:
No more dual agency, except in special situations. We can not represent Sellers and Buyers at the same time. That means when doing an Open House, we can only give out general information that is on the Internet, nothing else. We can not talk to Buyers as we used to as we are otherwise in breach. We have to ask them to get their own agent if they want to find out more about this house!
When we get a call about a house that we have listed, we can only give out general information, we have to ask them to get an agent
Investing in the vacation rental industry can be an attractive business, provided you take it seriously and market it strategically. A key factor that can increase the business potential of your vacation property is location. A property that is located in a great destination and is marketed well can help you pay for the expenses of maintaining the property, paying for the mortgage fee and also reap profits. And, of course, you can enjoy a paid-for holiday with your family, whenever you feel like.
Mentioned Below Are A Few Success Formulas That Can Help You Make the Most of Your Investment in A Property.
Check Your Finances
Secure your financial position before you move further towards your dream of buying a house. See how much money you
Great timing because it’s a seller’s market out there. But as a seller, you still need to be smart and attract genuine buyers, if you want to get your desired price.
So, instead of investing thousands in home improvements, here are a few DIY tweaks that can boost your home’s value instantly and make it appealing to buyers:
Tip #1 – Clean Up
One of the first things that a buyer notices is whether or not the area around the house is clean. So, gear up for a marathon cleaning session and increase your home’s curb appeal.
A few tips for improving your home’s curb appeal include scrubbing the exterior and hosing down the driveway and the sidewalk. You can also do simple things like mowing the
If you’re hoping to sell your home in the near future, you’ve probably been running around the interior, applying fresh coats of paint and steaming the carpets. But what about the exterior — the first thing a potential buyer would see when they show up for a tour?
If you’ve recently considered selling the place you call home, there are a few simple changes you can make to your home’s exterior to give it years of new life and enhanced curb appeal without dropping thousands.
Tip #1 – Refresh Your Front Door
First things first: Pretend you’re a potential buyer showing up to tour the property. Is your front door welcoming? Or does it look like it holds a decade of future repairs and refurbishments?
Not happy with our government intervention into our real estate market ! I’m sure you have heard by now about the new Speculation tax announced by the BC NDP government. Calling this a speculation tax is, in my view, misleading. We already have a true speculation tax in Canada. It’s called capital gains tax.
This new tax is really a wealth tax and in many cases, punishes other Canadians, those who have scraped and saved to buy a vacation property years ago. They are not speculators. They are investors and vacationers who may now have second thoughts about having ties to BC. The NDP is calling it a speculation tax to get people on board with it.
Unfortunately, some only read the headlines and do not getthe whole story. It’s easy to get people upset by
There are many steps to buying a house that buyers are often aware of. On the other hand, there are also many steps that buyers should take after closing on a new home that many buyers aren’t aware of.
It’s important that when buying a house you realize that the work doesn’t stop as soon as you close on your new home. In fact, in many cases, the work is just beginning.
Being a homeowner comes with new tasks and responsibilities, many of which should occur right after closing on a new home.
Below you’re going to find out 13 of the top tasks to complete after closing on a home. It’s extremely important that when buying a house you consider completing the following tasks after closing. By completing the following tasks, new homeowners
Despite being considered a safe haven among a vast majority of Canadians, your home is often guilty of causing a variety of unexplained illnesses. In reality, poor air quality inside your home can be extremely detrimental to your health. Many times when we come down with a bad case of the sniffles, we assume that staying indoors is our best option for a speedy recovery. However, the truth is, that the air quality inside our homes may be the source behind that chest-hurting cough that you just can’t seem to kick.
If you didn’t think keeping an eye on your air quality was important, you’ll want to read below for just how much of an impact air quality can have on your health.
You’re smart. You’re doing your research about home buying and homeownership (like you are right now!), so you feel like you’re prepared to avoid common home buying pitfalls. But you’ll soon find that once you’ve moved in, there is a whole new list of common problems that plague unwary first-time homeowners.
To help you make the best buying and ownership decisions possible, we’ve outlined some of the biggest blunders that first-time buyers make after closing on their home.
Investing in Too Many Upgrades
Not every home improvement project is worth the money or effort. Many first-time homeowners make the mistake of not considering a project’s return on investment, at least until it’s time to sell the house down the road.
Spring is here ! What wonderful warm days we’ve had, seeing the blue sky and warmer temperature makes one excited for summer ! Sad the ski season is over… but I have a feeling everyone is hoping winter has taken its last breath !
Let’s cover a bit about the market in the Valley then talk about some tax changes coming and how they might affect each and every one of you.
For the month of February, it was a mixed bag. The total number of sales were down a mere 7.8%. I say mere because Vancouver was off by over 15% and Toronto over 35%. Most pundits are saying the new “stress test” for mortgages is having the most impact elsewhere. Here, the impact seems quite muted. Average prices compared to February 2017 are up 6.2%. Yes, prices are still rising and
A crucial aspect of selling a home is paying attention to the feedback provided by homebuyers and their real estate agents. After every showing real estate agents are usually sent an automated email, which asks for their opinion on a number of things with regards to the house they have just seen. While the email goes to the homebuyer’s agent the information provided to the home sellers can come from both the buyer as well as the buyer’s agents.
Buyer Feedback on Home Pricing
One of the most important aspects of putting a home on the market for sale is getting the price right. The lack of feedback due to the lack of showings may also indicate a problem with the pricing of the home that the homeowner needs to address quickly with their real
