May 2013

When you visit a new subdivision to view their model homes, should you take your own agent along?   Absolutely.   Too many buyers look at buying a home in a new subdivision as something like ordering a new car. You go in, look at the models available, choose your options, and place your order.   When you buy that new car you know that the sales person is working for the dealership. There's never a question in your mind. Usually you have a pretty good idea about how much they can or will negotiate with you.   Unfortunately, buyers are sometimes lulled into thinking the agent at that model home is working for them. And it just isn't so.   When you work with a buyers agent who is familiar with new construction, you can save…

A higher home buyer demand and the supply of homes for sale has been having a stable impact on home prices in the Vancouver housing market this spring.  

Vancouver Board reports that residential property sales in Greater Vancouver reached 2,627 on the MLS in April 2013. This represents a 6.1 per cent decrease compared to the 2,799 sales recorded in April 2012, and an 11.9 per cent increase compared to the 2,347 sales in March 2013.

Last month’s sales equate to the lowest April total in the region since 2001 and 20.9 per cent below the 10-year sales average for the month.

“While the number of home sales remains below average, properties that are priced right are selling and we’re  seeing greater balance between buyer demand and the number of

…

No, I don't mean remove all the furniture and paint everything white…   I mean, remove all the distractions so your potential buyers can see themselves and their own possessions in your  house.   Take down the family photos and replace them with something neutral. Pack your trophies and collections. And if you've gone wild with paint color, do repaint to a neutral tone. It doesn't have to be stark white, just a neutral gray or beige that could allow furniture of any color without a major clash.   And of course, de-clutter. Put extra furniture and unused exercise equipment, tools, and appliances in storage. Pack those clothes and toys that are out of season.   Let your potential buyers move freely through the house, visualizing…