Sounds easy enough, however very few people are able to do it.  In fact many people tend do the opposite and here’s why - In my experience when prices start to drop and we are in a strong buyers market there tends to be a lot of dark clouds and negative news everywhere you turn. People think that the market has not hit the bottom so why buy now… wait and let the prices continue to drop. Instead they wait on the sideline until the prices recover and everything looks safe. We quickly move back into a sellers market with multiple offers and lot’s of buyer competition and that’s when they decide to buy. I’m seeing a lot of buyer fatigue out there and some frustration over multiple offers and bidding wars. Some buyers are telling me they ...

I just sold this Townhouse at 58 12020 GREENLAND Drive, Richmond, British Columbia East Cambie.View this recently sold Townhouse or see all my home sales

I just finished uploading this Condo for sale, 102 8880 NO. 1 Road, Richmond, British Columbia"APPLE GREENE PARK" 1 - BEDROOM+ DEN (DEN IS EASILY CONVERTED TO 2ND BEDROOM) 1023 SQ.FI'.INCLUDING THE GLASSED-IN BALCONY. NICE VIEW OF PARK LIKE GROUNDS. UNDERCOVER PARKING. GREAT RECREATION FACILITIES WITH INDOOR AND OUTDOOR SWIMMING POOLS, SAUNA, BILLIARDS, LOUNGES AND MORE. NEAR SEAFAIR SHOPPING CENTRE, TRANSIT AND SCHOOLS.

I just finished uploading this House for sale, 9231 STEVESTON Highway, Richmond, British Columbia66' X 120' LOT WITH A SOLID SOUTH FACING 3- BEDROOM, 1.5 BATHROOM SIDE SPLIT HOME LOCATEDAT THE CORNER OF STEVESTON HWY. AND MORTFIELD GATE. BEAUTIFUL OAK FLOORING, COZYWOOD BURNING FIREPLACE. HUGE FENCED BACKYARD FOR A SECURE PLACE FOR THE CHILDREN TOPLAY. NEAR SCHOOLS, SHOPPING AND TRANSIT. THIS HOME WITH SOME UP-GRADING WILL BE A VERYCOMFORTABLE FAMILY HOME OR AS A RENTAL INVESTMENT AND FUTURE DEVELOPMENT.

If you are a buyer in this current sellers market and if you’re going after a good home that’s priced properly, then chances are you’re going to be in competition with other buyers. A multiple offer situation can be stressful because you have no idea how much the other buyers are willing to offer. You need to go in with a simple mindset. You only get one shot at it! So make your best offer. You should feel good about your offer no matter what the outcome.

If you’re in the market to buy a home in Vancouver or Richmond then you know the market is very active and prices are up. Chances are when you find a home you’re going to have to act fast and you’ll probably be in competition with other buyers. It can be extremely stressful and you may be filled with doubt.  My simple advice is to see it through, there is always going to be some second thoughts and stress even in a buyers market.  As long as you buy and hold that home for 8 to 10 years and you only buy what you can comfortably afford you’ll do fine. Certainly much better than paying market rent over the next 10 years.

I just finished uploading this House for sale, 9640 SAUNDERS Road, Richmond, British ColumbiaATTENTION BUILDERS- 66' X 120' RECTANGULAR SHAPED LOT WITH AN OLDER TYPE BUNGALOW ON SAUNDERS ROAD. PRIME LOCATION TO BUILD YOUR DREAM HOME. MANY NEW HOMES IN THE IMMEDIATE AREA. NEAR SCHOOLS, SHOPPING, TRANSPORTATION AND SOUTH ARM COMMUNITY CENTRE.

There are 2 types of residential properties you can purchase in BC. The most common is Freehold where you own both the structure (home) as well as the land it’s built on. The other type is Leasehold, where you do not own the land. Instead you are renting the land on a prepaid lease for a set number of years. In this video I will walk you through what the sale of a typical Leasehold property looks like and why I would not recommend someone buy this type of property.

For the past 3 years we have been in a buyers / balanced market. Well you can’t keep Vancouver Real Estate down for long. We have officially moved back to a sellers market, especially for detached homes and Townhomes.  Condos, with the exception of a few select buildings remain balanced.  It’s a good time to be a seller in Vancouver and Richmond. Chances are you will be selling and getting top of the market prices. As expected I'm getting a lot of calls from potential sellers asking if now is the time to sell. I tell them it depends on your circumstances and why you want to sell. Watch and I will explain when it makes sense to sell and when it can lead to trouble.

We are proud to announce that this Mar 8th, 2:00 PM to 4:00 PM we will be hosting an Open House at 8760 NO. 1 Road in Apple Green in the Boyd Park neighborhood, Richmond. This is an opportunity to visit this excellent Condo for sale in beautiful Boyd Park.Please come with any questions you may have. In the meantime you can take a virtual tour of this Boyd Park Condo for sale.As always please do not hesitate to give me a call at 604 889-1118 if I can answer any questions before the open house, or if you would like to book a private showing.Owen BiglandMacdonald Westmar