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What is a Pre-Sale in Vancouver Real Estate?

 Pre-Sales in Vancouver, British Columbia Canada Open the Georgia Strait or any other local paper and you'll notice advertisements for apartments and condos. Most of these places don't yet exist. Why? Because they are pre-sales! What is a Pre-Sale? A pre-sale is when a Developer sells a Buyer a property before that property is built or completed. The Buyer purchasing the pre-sales is buying the right to a completed property that will be built in future. In the UK and elsewhere Pre-Sales are referred to as Off Plan Investments. Why do people buy Pre-Sales? Pre-sales are popular with investors…

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Multiple Offer Situations For Buyers!

Multiple Offer Situations for Buyers What are they? A Multiple Offer Situation is when more than buyer wants to present an offer on a property at the same time. The relationship between buyer and seller goes from a negotiation to an auction, with the highest bidder winning. The Buyers have to compete to get an accepted offer. 3 Ways a Buyer can Win in a Multiple Offer Situation! 1) Hire a good Realtor who specialises in the type of property or area you are interested in. Ask them how many times their buyers have been successful in a multiple offer…

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