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Top 25 Real Estate Agents in Vancouver West,Downtown Vancouver and West Vancouver. Buy & Sell residential homes, property management, pre-sale and more.

What Is Average Return of Investment For Vancouver Real Estate

Posted by on Dec 23, 2013 in Blog

Is 10-20% ROI reasonable for Vancouver real estate market? We think it impossible to have ROI as high as what is happening in China housing market in recent decade. The major reason is that Canadian governments and banks have little interfere with Canadian housing market. Everything what they do or not do is to make the real estate market stable. Therefore Canadian real estate market reflects what the real demand and supply is. Most people in Canada buy homes for their major residences, there’s less possibilities for Canadian real estate market to have “bubbles”, as well for Vancouver real estate market. If you are interested in investing in Vancouver housing market, you have to know the local market very well and to evaluate the risk of investment as you would in any other markets. No one can guarantee any...

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Low Pricing or High Pricing, Which Strategy Is The Best

Posted by on Nov 20, 2013 in Blog

Home pricing is one of the most important steps in terms of selling real estate homes in Vancouver. Reasonable pricing should be based on only one thing: the market. Some sellers may want to set a price to cover all the costs and expenses. That will make it either under estimated or over estimated your property value. There are three different pricing strategies to choose from: Low pricing strategy Some home sellers might wish to attract more offers by setting the home price very low. If your home property is very comparable to properties in your neighbourhood, and if your neighbourhood is very popular to home buyers, yes low pricing strategy might good for you. High pricing strategy Some home sellers might wish to please some buyers who won’t buy without bargain. That pricing strategy might useful for properties...

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Some Legal Issues In Process of Real Estate Purchasing

Posted by on Sep 18, 2013 in Blog

You might encounter some legal issues when you purchase real estate properties in Vancouver: Firstly, making offers. You should add some conditions to the offer, but it wouldn’t exempt you from any legal issue if you end up not taking the offer for whatever reason. So you still have to be sure and serious before you make any offer. Secondly, making deposit. All the deposit will go to escrow account. If you want to cancel the offer and take back your deposit, you usually have to go through some legal procedure. Thirdly, the seller might sue the buyer who drop the offer simply because house price goes down after deposit is made and before real estate transaction is completed. Lastly, if the home buyer finds anything that the seller failed to disclose before real estate transaction completed, the buyer...

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Home Sellers: Want to Sell Home Quickly in Chinese Driven Market?

Posted by on Jun 11, 2012 in Blog

Local Vancouver home sellers often inquire about what Chinese buyers are looking for when they shop on Vancouver real estate property market. I believe the following are the most important factors to most of the Chinese buyers. Key factors Location: Those home properties close to good schools will have a better chance to sell to Chinese buyers. Because Chinese come to Vancouver for better educational opportunity for their kids. That’s why home properties in areas i.e. Point Grey, Kitsilano, UBC, West Van, Coquitlam, sell for good prices. Waterview: Chinese buyers tend to appreciate view properties. A good example is, over 50% of coal harbour high rise condo units are occupied by Chinese buyers. A majority of those home buyers are not getting the Canadian residents status. they buy those properties mostly for vocation home, and for investment. Another good example...

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How to Quickly Sell Homes in Slow Market in Vancouver

Posted by on May 24, 2012 in Blog

As Vancouver housing market slowly stepped into buyers market, it seems that home buying and selling activities were much less compared to past few years. However it wasn’t because of fewer home buyers on the market. I believe those buyers are holding their money patiently looking for better real estate homes in better deal. Hereby I listed a few factors which I believe could help home sellers to sell homes quickly in such slow market: First of all, house pricing is very important. You got to know how others price their homes for sale, including those brand new homes, presale in your neighbourhood. Secondly, listing agent should informed home owners of how things going with open house in time. Most of the cases, it is necessary to adjust house pricing according to how public react to open house. Thirly,...

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