RICHMOND Apr 3, 2015 Real Estate Weekly

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Since 1978 Real Estate Weekly has been synonymous with outstanding coverage of the Greater Vancouver residential real estate market. Today, published with recycled newsprint from its own high-speed presses in Vancouver, Real Estate Weekly is delivered by British Columbia's largest courier force to over 450,000 homes across the Lower Mainland. A total of 11 separate editions comprise the Real Estate Weekly, each featuring homes for sale, new developments and quality editorial coverage of the housing industry and the communities. Real Estate Weekly, quite simply, lists more homes for sale from more Realtors than any other publication in British Columbia. Real Estate Weekly is the number one source for Lower Mainland residential real estate and the first choice of both homebuyers and Realtors for more than three decades.

Transcript of RICHMOND Apr 3, 2015 Real Estate Weekly

  • R E A L E S T A T E W E E K L Y

    FRIDAY, NOVEMBER 14, 2014info@rew.ca 604-435-7977

    Looking to BUY or SELL a home? To assist you in making the best decisions, a professional Realtor can provide the most

    up to date information on the real estate market, price, nancing and comparative

    properties in your area.

    Find your EXPERT Real Estate professional right here in REW.ca!

    RICHMOND STEVESTON FRIDAY, APRIL 3, 2015info@rew.ca 604-435-7977

    GO TOREW.CA /NEWS

    TO READ THESE STORIESAND MUCH MORE REAL ESTATE

    NEWS AND ADVICE

    What It Takes to Win a Bidding War in a Competitive Market

    Ask the Expert: Do I Really Need Mortgage

    Pre-Approval?

    Photo Gallery: Ten Very Special Renovated Vancouver Specials

    A common topic among real estate buyers is whether or not they should o er a price that is much lower than the listed price. Its an interesting concept, but one that is not without its pitfalls. Submitting an o er is one thing, but getting the o er accept-ed is another thing altogether. Lets take a look at three di erent factors to consider.

    1) Be Certain You Fully Understand Market Conditions

    In a market like Vancouver and the Lower Mainland we are often faced with an inevitable real-ity people really like living here. Sellers are more than aware of this, and are primed to take full advantage.

    Having a look at comparable properties in the area that have sold going back as far as two years

    (or further) will give you a good understanding of what the seller is expecting. Maybe theyve already priced it low to encourage multiple o ers or a quick sale? If thats the case, its likely they wont even submit a counter o er.

    As real estate agents we are very much held to account by what the market will bear, and buyers and sellers are not immune to this either.

    2) Make Sure You Are Willing To Negotiate

    Starting will a low o er could be considered disrespectful or a bul-lying tactic. If thats the case, why not submit another o er slightly higher if you dont hear back from the seller? If the goal is to get the ball rolling on negotiations, being exible can enhance the likelihood

    of this occurring.The #1 rule of real estate is to

    not take things personally, so if you plan of submitting an o er that is substantially lower than the listed price, make sure you o er the seller something in return.

    3) Your Offer Should Be As Clean As Clean Can Be

    If price is your primary concern, then the other subjects in the o er should be valuable to the seller. Is o ering a quick possession of value? You never truly know some-ones motivation for selling for all you know this money could be keeping a business a oat or needed to bail a family member out of nancial trouble.

    There is one thing that is con-stant throughout the world, and that is money makes it go round.

    And cash is king! Use any superla-tive you want, but quick money can o er be a great thing to o er a seller. Excluding the nancing clause and o ering a large deposit will let the other party know you are serious and able to act quickly.

    As a real estate agent in Vancouver I personally prefer to avoid lowball o ers, but a lot of agents who work with investors are more comfortable with this strat-egy. Its not my preferred way of doing business, but at the end of the day its always ultimately my clients decision whether or not they want to submit or accept an o er that is substantially lower than the listed price.

    More real estate advice from local Realtor Barry Magee at his website livinginvancity.com

    Is Lowball Offeringa Legitimate Buying Strategy?

  • 2 REW.ca RICHMOND FRIDAY APRIL 3, 2015

    www.AnnePiche.comsutton group - seafair realty. 550 - 9100 blundell road, richmond, bc v6y 1k3

    $968,000

    PEACEFUL PRIVATE PERFECT 11291 Merchantman Place

    McMath Park is your backyard! It doesnt get any better than this choice location & lot. 3 bedroom 2 1/2 bath home on child safe cul-de-sac with room to park lots of vehicles. Must be seen!

    $968,000

    $1,239,000

    DISTINCTLY DIFFERENT11871 Dunford Rd.

    Charm & character abound in this custom-built home that backs onto STEVESTON PARK. A French country feel with beamed ceilings on main plus hardwood oors & porcelain tiles throughout. Wow!

    $1,239,000

    OPEN SAT 2-4 PM $1,288,000

    KITS TOWNHOME1967 W12th Ave

    Quality built heritage conversion complete with veranda! 1,530 sq of smart living space in choice location. Grand GREAT ROOM, gourmet kitchen, 2 spacious bedrooms & baths. Walk to shop

    $1,288,000

    OPEN SAT 2-4 PM $1,038,000

    OVERLOOKING PARK11191 Galleon Crt

    Spectacular updated STEVESTON SOUTH home on a quiet chid safe cul-de-sac backing onto McMath Park. Four spacious bedrooms, spa-like Master bath with his/hers closet, gourmet kitchen & more

    $1,038,000

    PeterAdams

    AndyAdams

    604-273-3155

    seafair realty

    OWNER SAYS SELL!

    Open Sunday 2-4 - 9811 PinewellHead South to Richmond! Beautiful custom home

    w/legal suite - Huge lot - best value in the city!$2,188,000

    NEW LISTING

    8860 MyhillFantastic building

    66 x 130 lot in BroadmoorCall for details$1,599,000

    Pat Ginn604-220-9188 Sutton West Coast VanCam

    A rare opportunity to build your ESTATE HOME on this property with a 325 foot frontage. Eight acres in established blueberries. The property is near RIVERPORT an area of new condos, theatres, hotel, restaurant and recreation center. The area is changing rapidly with golf course nearby and easy access to Highway 99, Richmond Centre, Airport & Downtown Vancouver. Seller will lease back.

    RICHMOND - 10 ACRE BLUEBERRY FARMASKING $3,650,000 9311-9351 NO. 6 ROAD

    ROYAL LePAGE WESTSIDE Bus: 604-261-9311

    Eleanor Sy TanRichmond & Westside Specialist

    www.eleanortan.com Cell. 604-802-1696 Medallion Club Life Member27 consecutive years

    TOP TENAWARD

    OF B.C.LIFETIME MEMBER

    #303 9388 MCKIM WAY$419,000

    Shows like new. 2 bedrooms, 2 bathrooms, 9 foot ceiling with air-conditioning, stainless steel appliances, granite countertops. Open concept, functional layout with separate bedroom. Good amenities, outdoor pool, guest suite, whirlpool spa, lounge. 2-5-10 warranty. Very convenient location.

    4560 GROAT AVENUE$998,000

    This beautiful 2 level house located in a quiet cul-de-sac, 4 generous bedrooms upstairs, all bathrooms, laundry room and family room have been renovated by Trendsetter HOmes. Large living room good for entertaining, designer colour paint, new siding, gutters and garage door in 2012. Extra wide & spacious backyard which includes natural gas line for BBQ and many more.

    11451 LEEWARD GATE$1,888,000

    Another Amazing Signature Home by renowned builder Kishiuchi Construction! This luxurious home in the much sought after area of Steveston boasts over 3,200 sq.ft. of living space. 6 bdrms., 4.5 baths, games rm and den. Features supreme finishings: exterior is Painted Certainteed Siding, Cedar Shingles and Stone. Interior composes of 9 ft. ceilings throughout, Westeck Vinyl Windows, custom designed and built oversized doors, extensive use of stone, porcelain and engineered hardwood, high end JENN-AIR appliances, A/C, HRV, radiant heat, custom crown mouldings, casings and baseboards throughout, security system w/video camera and audio. Walking distance to Westwind Elementary, McMath High School and Steveston Village. Exquisite!

    SOLDSOLD

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    NEW LISTINGNEW LISTING

    Simply put, we are Income Specialists.

    CALL TODAY! (604) 661-1461www.keilinvestmentgroup.commcleod.com

    Our strategies are suitable for those with $500,000 of investable assets or more.

    Registered trademark of The Bank of Nova Scotia, used by ScotiaMcLeod. ScotiaMcLeod is a division of Scotia Capital Inc. (SCI). SCI is amember of the Investment Industry Regulatory Organization of Canada and the Canadian Investor Protection Fund.

    If you are frustrated with low GIC, bond and equity rates, we should talk., q y ,

    ow does not have to mean higher risk.not have t

    Shay (Shy) KeilDirector of WealthManagementSenior Wealth Advisor

    INVEST IN OUR POOL OF:Conservve Mortgages earn $1450*/month

    Canadian mortgages onlySecured against physical real estate

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    We design personalized financial strategies for established individuals and corporations. Wed like to offer you a second opinion to show you how our income ideas can benefit you. Meetings are available in Vancouver, North Vancouver, Richmond and Surrey.

  • REW.ca RICHMOND FRIDAY APRIL 3, 2015 3

    SUKI BAHISUKI BAHI604.219.9523

    PERSONAL REAL ESTATE CORPORATIONwestcoast realty604.257.8888

    - Rare Opportunity - $429,000 - Previously used as a spa/hair salon- 113-7000 St. Albans (at Granville) - 3 rooms/offices - 826 sqft- 1 parking/ 12 visitor parking - ZMU2 Zoning - Bathroom and laundry- Ideal for spa, hair salon, childcare, retail, fin. services, law practice and much more

    DO NOT DISTURB BUSINESS. CALL FOR AN APPOINTMENT

    HOT NEW COMMERCIAL LISTING FOR SALE

    You can also see my ads in the MingPao

    BRAND NEW!! Excellent "Chelsea Place" cul-de-sac. Safe and quiet location inside NW of Gilbert and Blundell Road. Functional floor plan with huge bedrooms. Over 4,200 sf living area on 9,916 sf lot. Features top quality materials and fine finishings. Professionally lands