Category Archives: How to Sell a Revenue Property in Vancouver

Realtors in Vancouver Split their Commissions?

Posted on April 16, 2013 by mike

Real Estate Commissions are Split in Vancouver?

Yes! When a Realtor is hired by a Seller to list a property for sale, the Listing Contract states that the Seller will pay this Realtor (Sellers Agent/Listing Agent) a commission should the property sell during the period in which the Listing Contract is in force.

Now, if a prospective seller was to calculate what they would have to pay in terms of commission (Want to know how much quick? Check out this Realtor Commission Calculator!), some might think it a lot of money to go to one person, but that’s not really what’s going to happening!

Real Estate Commission Splits = Buyers Agent Bait?

In Vancouver, The Sellers Realtors (Sellers Agents/Listings Agents) split around HALF Continue reading →

Posted in: First Time Home Buyers Advice for Vancouver, For Buyers, For Sellers, How to Sell a Revenue Property in Vancouver, How To Sell A Vancouver Condo
Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,
Leave a comment

What is a Home Inspection in the Vancouver Real Estate Market?

Posted on September 13, 2012 by mike

Real Estate Home Inspections in the Vancouver Explained!

There is a lot of confusion surrounding a home inspections in Vancouver particularly among first time home buyers.

Common questions include: What is a Home Inspection? Whats included? Are home inspection for the benefit of the buyer? For the seller? For the bank/lender? Will the seller be able to see the inspection? etc.

To answer these common questions, Dave Brighton from Brighton Home Inspections has been kind enough to meet with us to answer these questions for us.

What is a Home Inspection in Vancouver?

A home inspection is Continue reading →

Posted in: First Time Home Buyers Advice for Vancouver, For Buyers, For Sellers, How to Sell a Revenue Property in Vancouver, How To Sell A Vancouver Condo
Tags: , , , , , , , , , , , , , ,
1 Comment

Selling a Revenue Property in Vancouver 1 | Capital Gains Tax and Deducting Commission in Canada

Posted on August 13, 2012 by mike

Selling a Revenue Property in Vancouver 1 | Capital Gains Tax and Deducting Real Estate Commissions in Canada

So, you’ve decided to sell an investment condo or other revenue property in Vancouver. The first thing you’ll want to do is talk with your mortgage lender to check how much your mortgage penalties are going to be.

Once there is clarity on the costs to end the mortgage you have to consider The Taxman, aka Canada Revenue Agency (CRA).

I recently had the pleasure of meeting with Vancouver Accountant Sean Akeroyd with Akeroyd & Leung about the tax implications of selling an investment property in Canada.

Are The Sale Proceeds of an Investment Property in Canada Taxable?

When selling a revenue property in Continue reading →

Posted in: For Sellers, How to Sell a Revenue Property in Vancouver, Taxes on Real Estate in Vancouver
Tags: , , , , , , , , , , , , , , , , , , , , ,
4 Comments

Pre-Listing Home Inspections for Sellers in Vancouver with Dave Brighton

Posted on July 25, 2012 by mike

Inspect Your Own House in Vancouver Before Selling it?

Yes! Sometimes Sellers in Vancouver will get their own inspection on their home by a qualified Home Inspector before listing it for sale to get a very clear idea of the mechanical condition of their property. But why?

Why Get a Pre-Listing inspection on a Home in Vancouver?

I recently had the pleasure of talking to Dave Brighton, Home Inspector with Brighton Home Inspections on pre-listing inspections in Vancouver.

Inspections done on behalf of a Seller are done for several reasons:

  1. Increased Certainty in Negotiations – Many Buyers in Vancouver Continue reading →
Posted in: For Sellers, How to Sell a Revenue Property in Vancouver, How To Sell A Vancouver Condo
Tags: , , , , , , , , , , ,
Leave a comment