How To Sell A Vancouver Condo

Commission Calculator for BC Realtor Fees in Vancouver with Net Proceeds for Sellers

How much are real estate fees in Vancouver, BC? I charge a real estate commission of 7% on the 1st $100,000 and 2.5% on the balance of the sale price for properties in Vancouver. Around half (50%) of the 7% on the 1st $100,000 and 2.5% on the balance is payable to a buyers agent who brings the seller an offer that completes at the Land Titles Office. According to Canada's Competition Act, there we Realtors are not supposed to say there is a standard real estate commission. Real Estate commissions and the net proceeds (ie the amount a Seller… Find out more

15% Tax on Foreigners Buying Property in Vancouver

15% tax on international buyers in Vancouver from Mike Stewart   Additional Property Transfer Tax on Residential Property Transfers to Foreign Entities in the Greater Vancouver Regional District Foreign Property Transfer Tax Act Effective August 2, 2016, an additional 15% property transfer tax applies to residential property transfers to foreign entities in the Greater Vancouver Regional District. Where it applies to: The Greater Vancouver Regional District includes Anmore, Belcarra, Bowen Island, Burnaby, Coquitlam, Delta, Langley City and Township, Lion’s Bay, Maple Ridge, New Westminster, North Vancouver City and District, Pitt Meadows, Port Coquitlam, Port Moody, Richmond, Surrey, Vancouver, West Vancouver,… Find out more

Selling a Vancouver Condo 9 – Marketing Strategies

Marketing Strategies when Selling Your Vancouver Condo In the previous episode, we discussed the best time of year to sell your condo. Today we're going to talk about marketing strategies for selling condos in Vancouver that bring together many of the topics and concepts we've discussed in previous episodes. Many think that selling a condo in Vancouver is simply a matter of listing it on Realtor.ca at a price pulled from thin air with non-professional photos and little or no thought to light, exposure, and colour. This is a good way to proceed... If you don't want to sell your… Find out more

How Vancouver Realtors Split Commissions

Are Real Estate Commissions 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… Find out more

When to Sell a Condo 8 – Best Season to List a Property for Sale in Vancouver

How to Sell a Condo in Vancouver 8: When to List a Property for Sale In Episode 7, we talked about things to avoid when preparing a condo for sale and in Episodes 5 & 6 we talked about how to prepare your condo unit for sale and the option of home staging. Today, we're going to talk about timing the Vancouver Real Estate Market and the best time to sell a condo. Should I sell My Vancouver Condo now? I get this question all the time and it is nearly impossible for me to answer. The decision to sell… Find out more

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

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 when a qualified… Find out more