First Time Home Buyers Advice for Vancouver

First Time Home Purchase Advice Vancouver 7: Contract of Purchase and Sale Overview

First Time Home Purchase Advice Vancouver 7: An Overview of a Vancouver Real Estate Offer So you’re ready to write an offer and your Realtor has had you read and sign several disclosures as we discussed in Episode 6 First Time Home Buyers Advice. A Real Estate Offer is a Contract of Purchase and Sale in BC? Contract of Purchase for Vancouver BC Courtesy of Mike Stewart Realtor Yes! In British Columbia, a Real Estate Offer is officially referred to as a Contract of Purchase and Sale. The sample offer or Contract of Purchase and Sale BELOW is a generally… Find out more

First Time Buyer Tips Vancouver Episode 6: Working with a Realtor FINTRAC and the Remuneration Disclosure

First Time Buyer Tips Vancouver Episode 6: Working with a Realtor FINTRAC and the Remuneration Disclosure This post is part of a series discussing Tips for First Home Buyers in Vancouver. Remember, there is no such thing as a stupid question! I strongly encourage questions and comments! You've found your Dream Home, What next? You finally found a property you want to buy and you have an idea of what its worth as discussed in Vancouver First Time Home Buyer Tips Episode 5.  You and your Realtor will need to draft up an offer in writing to signal to the… Find out more

Vancouver Buyers Agents Disclose Real Estate Commissions in Writing! The Disclosure of Remuneration Document

Disclosure of Remuneration: What is that? How a Realtor gets paid and by whom is always source of interest in Vancouver. Want to know EXACTLY How Much? Check out this great Realtor Commission Calculator for Sellers! In British Columbia, Buyers Agents (ie Real Estate Agents who are representing a Buyer) must disclose in writing to the Buyer they are working with,  how much they are being paid and by whom when they are preparing an offer or Contract of Purchase and Sale for a Buyer. Buyers Agents are required to have a Buyer read over and initial a Real Estate… Find out more

Vancouver First Time Home Buyers Guide Episode 5: Comparative Market Analysis for Buyers – What’s your Dream Home Worth?

Vancouver First Time Home Buyers Guide Episode 5: Comparative Market Analysis for Buyers In Episode 4 of the First Home Buyers Guide Vancouver, we discussed how to efficiently search for properties in Vancouver. So now you've found your dream home and you want to write an offer. Now is the time to take a cold hard look at that property to figure out if it's really worth what the seller is asking! They Can Ask, But Should You Give It? List price does not equal market value! Price is almost always negotiable. Very often properties in Vancouver are priced above… Find out more

Vancouver First Time Home Buyers Advice Episode 4 – How to Efficiently Search for Properties

Vancouver First Time Home Buyers Advice Episode 4 - Making the Search Easy! So you've hired a Realtor in Episode 3: How to Hire a Realtor. Now its time to put them to work! Nobody likes to waste time. In this Episode we will talk about how to efficiently search from a home with the assistance of a Real Estate Agent. Let get started! Get Some Tools! Your Realtor will have some great web-based real estate research tools, like Private Client Services that will notify you of new listings, let you know whats actively on the market, and most importantly,… Find out more

First Time Home Buyers Guide Vancouver – Episode 3 How to Hire a Realtor!

Hiring a First Time Home Buyer Specialist in Vancouver In Episode 2 of the Vancouver First Time Home Buyers Guide we talked about how to figure out where to buy. Once you have decided on neighbourhood, it’s time to select a Realtor. How Much Will it Cost Me to Hire a Buyers Agent? Nothing!? Yes, 9 times out of 10, a Buyers Agent is paid a finders fee by the Sellers Agent if the Buyer that is working with the Buyers Agent purchases the Sellers Agents listed property! Furthermore, the Buyers Agent you hire is REQUIRED to disclose to you… Find out more