Property Management December 28, 2023 · 5 min read Six Important Qualities To Consider When Hiring A Property Manager In any business, hiring the right person for the job is a relatively difficult task. It is impossible to predict whether or not that person will be a good fit for the property. A property manager manages the daily operations of a single or a group of rental properties. Duties can include: Seeking and screening […]
Home Care December 18, 2023 · 3 min read Some Great Tips On How To Organize Your Kids’ Rooms “Clean your room!” is the battle cry for millions of parents everyday. With the Holiday season upon us and everyone being home, now couldn’t be a better time to help organize and clean up life in the bedroom and set up some routines. Make use of these easy organization strategies to bring order and remove […]
Market Update December 13, 2023 · 3 min read REBGV Market Update for November 2023 REBGV Market Update for November 2023 – Buyers Have A Larger Inventory To Choose From In the latest Real Estate Board of Greater Vancouver (REGBV) report on the November 2023 real estate market, buyers had the largest housing inventory to choose from since 2021. In his monthly commentary, Andrew Lis, the Director of economics […]
Home Buying December 12, 2023 · 3 min read Banks Vs. Mortgage Brokers – Which Is The Better Option? With mortgage rates being at 20 year highs, homeowners are keen to find a competitive mortgage rate for their new home or mortgage renewal. There are 2 main options when looking to secure a mortgage: going to a bank or to a mortgage broker. What is the difference and which is better? A bank can […]
Home Care December 6, 2023 · 2 min read Outsmart Intruders With These Clever Home-Security Tips While it may not be easy to protect your home from professional thieves, most home burglaries are done by amateurs. These thieves are more easily thwarted if you employ some of these clever home security tips: 1. If you have a security system, don’t put one of those “Protected by ADT” stickers on your door. […]
Home Buying December 6, 2023 · 3 min read Why Are Presales In Condos So Attractive? One of the topics in the Vancouver real estate market that has been very popular is that covers the presale market. Before outlining the reasons why a presale property is so attractive, it is important to distinguish the difference between a “presale” property and an already “built” property. A presale of pre-construction property is one […]
Founder's Message November 22, 2023 · 3 min read NOVEMBER FOUNDER’S MESSAGE 2023 The holiday season will soon be upon us. White snow highlights the stunning mountain peaks that fringe Metro Vancouver as we bring preparing for the upcoming festivities. Housing prices are up this month for all types of properties from this time last year. The MLS Home Price Index composite benchmark price for all residential properties […]
Home Buying November 21, 2023 · 3 min read The Importance Of A Move-Out Inspection A move-out inspection is performed before a tenant vacates the property and the landlord conducts a walk through the vacant property. The purpose of a move out inspection is to: Document and itemize any damages from the previous tenant ensuring that the latter has left the dwelling in a similar and acceptable condition as when […]
Home Buying November 15, 2023 · 2 min read Planning on Moving? Here’s How to Find the Best Moving Company Moving is stressful and expensive. Everyone has had at least one bad moving experience in his or her lives. The best way to prevent the stress that comes with moving, is to chose the right moving company that will make your move flawless. This comes with a fair amount of research and preparation. A lot […]
Rent + Manage November 15, 2023 · 3 min read Rent Incentives To Attract Quality Tenants There is no hiding the fact that currently, a shortage of rental properties exists in Metro Vancouver. However, not all rental properties are getting the expected flow of suitable tenant enquires. A reliable, long-term tenant is a great investment ensuring a worry free rental and financial future. Here are some great tips to make a […]
Home Buying November 7, 2023 · 2 min read Property Investing Requires a Cool Head, Cash and Good Advice. Watching TV shows that make buying investment properties glamorous and easy can be very misleading. Many first time investors who have been lured into this trap have ended up losing their whole investment and the whole experience has been painful and stressful to say the least. If you have money saved up and are determined […]
Founder's Message November 7, 2023 · 3 min read October 2023 Founder’s Message Metro Vancouver’s trees are ablaze with fall colour this month. While we enjoy this picturesque time of year, we are moving towards a more balanced real estate market. More listings are coming available. There are 28.4 percent more detached, attached and apartment properties newly listed for sale on the Multiple Listing Service (MLS) from this […]
News October 26, 2023 · 2 min read How To Minimize Water Use During This Drought Season BC is currently facing severe drought levels and most of BC’s water basins are at an unprecedented Drought Level 4 or 5 (5 is the highest level). With the drought reaching historic levels, Stage 2 water conservation protocols are now in place, and all levels of government are asking citizens and businesses to do their […]
Home Buying October 26, 2023 · 2 min read Ready to Own A Home? These Signs Will Indicate That You Are. Buying a home will probably be the most important purchase of your life. If you are a first time home-buyer, it can be a daunting task, especially if you are not prepared. Below are signs that indicate whether you are ready or not. You are ready if : 1) You know how much you can […]
Real Estate October 26, 2023 · 3 min read Are You Using Property Management Software To Manage Your Property Effectively? There are a lot of “off the shelf” property management software packages available on the market, and many can be custom tailored to fit your organization without the need for complex programming. Property management software can help you in the accounting, management, leasing, and operations of your property and can help streamline the tenant management […]
News October 26, 2023 · 3 min read Common Property Rental Mistakes That Can Be Avoided Management of a rental property can include long hours, emergency work, unusual situations, and a myriad of other factors as it involves dealing with people, which is not always straightforward. As with many property management issues, mistakes can occur, and they can end up being very costly to the owner of the property. The following […]
Market Update October 18, 2023 · 3 min read British Columbia Takes Strong Measures to Rein in Short-Term Rentals – What does this mean for us? In a bid to tackle the escalating challenges posed by short-term rentals, British Columbia's Premier David Eby and Housing Minister Ravi Kahlon have unveiled a comprehensive legislative overhaul. The new regulations, announced under the Short-Term Accommodations Act, aim to curb profit-driven operators and reclaim housing units for the long-term market. Addressing the media, Premier Eby […]
Market Update October 17, 2023 · 3 min read REBGV market Update For September 2023 – Despite More Housing Inventory, Prices Still Rising The September 2023 stats released by the Real Estate Board of Greater Vancouver (REBGV) confirmed that more homeowners were listing properties for the month, and the month-over-month price gains seen earlier this year abated. "A key dynamic we’ve been watching this year has been the reluctance of some homeowners to list their homes given […]
Home Buying October 3, 2023 · 4 min read Seize the Moment: Why the First Week of October Spells Homebuying Success Looking to make a home purchase this year? The ideal time is here, and our analysis points to the first week of October as the prime window for buyers. In a real estate landscape marked by fluctuating conditions across the nation, this week stands out as the optimal time for savvy buyers. Affordability challenges and […]
Founder's Message September 28, 2023 · 4 min read September 2023 Founder’s Message The first days of autumn are here on the West Coast. As the leaves begin to turn their glorious shades of gold and crimson, a newly published report ranked Metro Vancouver in the top five most livable cities in the world. The U.K.-based Economist Intelligence Unit (EIU) placed Vancouver in this esteemed position based on […]
News September 21, 2023 · 3 min read Smart Ways Of Diversifying Your Real Estate Portfolio In most cases, real estate investments have always been beneficial to those who have ventured into them. A real estate portfolio is generally considered as a conservative investment strategy, and property usually appreciates in value over time. If done properly, diversifying your portfolio can benefit you in many ways and increase the profitability of your […]
News September 21, 2023 · 3 min read The Impact Of AI On The Real Estate Market Many years ago, the internet had a huge impact on the real estate market, changing the way real estate was viewed and transacted. With the advent of AI (artificial intelligence) now permeating all aspects of our society, expect the home buying and selling process to see huge changes and perhaps, challenges. Because a real estate […]
Home Buying September 21, 2023 · 3 min read Selling or Buying a Home? Make Sure You Get The Timing Right. Every seller wants the best possible price for his/her home and every buyer wants the best deal when buying a home. In the real estate market, there are certain months which are more favorable for buying, and months which are more favorable for selling. Selling your homeMost realtors will agree that the ideal time for […]
Home Buying September 21, 2023 · 4 min read What Are Closing Costs In A Real Estate Transaction? Buying a home requires careful financial planning. While the purchase price, mortgage payments and broker commissions are top of mind with most first time buyers, closing costs are not given as much consideration and are often underestimated. Closing costs are one-time fees that a real estate purchaser must pay and, in most cases, must be […]
Uncategorized September 20, 2023 · 2 min read Burnaby Announces New Laneway Home Applications for 2023 Exciting news, Burnaby residents! After months of anticipation, the city of Burnaby is once again accepting applications for Laneway homes starting Monday, September 18, 2023. Property Requirements: Your lot must have vehicular access, either from a lane or side street. Corner lots may require approval from the engineering department. Your property should be zoned for single-family […]
Founder's Message August 24, 2023 · 4 min read August 2023 Founder’s Message The late days of summer are upon us here on the West Coast. As we begin to say farewell to another spectacular season, our real estate market is moving towards more balance. Prices of all home types increased again in July and sales were up 28.9 percent from this time last year. There is a […]
Market Update August 17, 2023 · 3 min read REBGV Market Update For July 2023 – Low Housing Inventory Forcing Prices Up The Real Estate Board of Greater Vancouver (REBGV) recently released it July 2023 report. Notable in this report was the fact home prices were still rising due to the low levels of housing inventory in the region. In his monthly statement, Andrew Lis, REBGV director of economics and data analytics said,” While sales remain […]
Home Selling August 15, 2023 · 2 min read Reasons Why Your Home Is Not Selling and Tips On How to Sell It. Why do some homes linger on the market for months – or years – while others are snapped up in a matter of days? While much of it has to do with price and local inventory, a whole host of factors can conspire to make a home sit and stagnate on the multiple listing service […]
Real Estate August 15, 2023 · 2 min read Credit Checks – A Necessary Procedure In The Rental Application Process A landlord must be certain that as a tenant, you will be able to meet your monthly rental obligations. Because the eviction process is an expensive and time consuming process, most landlord and rental agencies invest time and effort into the screening process, and the credit check is a very important component. In Canada landlord […]
News August 9, 2023 · 2 min read Will The Frustrations Facing The Current Rental Market Get Worse Before They Get Better? Current rental housing situation in Vancouver highlights the challenges and factors contributing to the high demand and low vacancy rates. The dynamics of the rental market in the region are indeed influenced by various economic, demographic, and policy factors. Here's a summary of the key points you've made: High Demand and Low Supply: The rental […]
Real Estate August 9, 2023 · 3 min read Should I Rent Or Should I Buy? Here Are The Arguments A balanced discussion on the factors to consider when deciding whether to buy or rent a home. Both options have their pros and cons, and the decision ultimately depends on individual circumstances, financial goals, and lifestyle preferences. Let's summarize the key points you've mentioned: The Case for Buying: Building Wealth: Homeownership can build wealth over […]
Founder's Message August 9, 2023 · 4 min read July 2023 Founder’s Message Weather Almost as Hot as Market Summer is off to a sizzling start. Home sales and prices continue to rise once again for all property types. The Real Estate Board of Greater Vancouver reports that residential home sales in Metro Vancouver increased significantly last month by 21.1% compared to the same time last year. As the market continues to surpass expectations, […]
