CondoAdvisory Blog

I don’t think this is any surprise, but recent number show that housing starts are down significantly and the condo market is leading the way. This means a few things for sellers out there. First of all this is the beginning of tougher times to come as there is an obvious change in demand and [...]

I just had a chance to read an interesting Blog post, :“What Won’t Sell in Today’s Vancouver Real Estate Market?” It is an interesting question and the authors findings are based on condo sales. It questions whether price is really what matters most when selling a property. It also points out that such things as [...]

OK, all of you out there that are trying to sell your condo right now, it is time to decide what to do over the holiday season. You are going to get different opinions for everyone. People will tell you that December and January are the slowest months of the year, and they are right. [...]

In short, Yes it does work. As with anything people always like to feel like they have gotten something for nothing, so the same applies here. If you are selling your condo and you offer a decorating allowance of $5000, or a flooring allowance of $5000, etc. Buyers will feel like they have gotten new [...]

Seems like an obvious answer, in the past is has always been the Buyer who makes the fist move, writing an offer. But think about that for a minute, is it really the Buyer, the Seller is the one that has put their unit on the market and offered if for sale. Same idea with [...]

We as sellers have become accustomed to pushing the buyer to take the dates we want, the terms we want, the price we want, and a quick subject removal. Our Realtors have told us we can shoot for the moon and get there most of the time. We listened to them when they were telling [...]

Selling in today’s market is difficult enough, but if you are trying to sell to an investor it is even more difficult. With the presumption that the market still has a way to go down yet, most investors feel that there is no point in buying yet as even though there are some good deals [...]

OK, I know I may be a little harsh, but it gets to be a bit much reading and listening to the news daily, it is little wonder that the general feeling about the real estate markets in Canada is very negative. In the Financial Post article, Canada’s housing market ‘traking’ U.S. boom and bust, [...]

Selling a condo in Greater Vancouver today can be a challenge, With the market in what almost seems like a holding pattern, there are very few sales. Normally pricing condos is quite easy, there are usually a number of comparables to look at and prices are quite obvious based on other recent sales of similar [...]

Sellers, in this competitive market it is best to arm yourself with the most information possible. When you are making a decision to sell and trying to determine a price the stats will be an invaluable tool. Make sure your realtor provides you with the most up to date and relevant information. In September there [...]