PEDRO GOMES ​- ​​REALTOR®

Cell: 778.999.REAL (7325) |

 

 

Imagine finding a home you love, making an offer, and then finding out there
are other competing offers on the table. Ouch.

 

If you’re looking for a property in a competitive market, it is likely that there
will be multiple offers. Even just one can create the risk that you’ll lose the
home. So how do you make sure your offer is enticing enough to win over
the seller? Here are some ideas:

 

• Don’t make a low-ball offer. If you do, it might be dismissed and you
probably won’t get another chance to bid — especially if the other
competing offers are near the listing price.

 

• Have a pre-arranged mortgage and include that with your offer. This
reassures the seller there won’t be any money issues. (Most lenders
will provide you with a pre-arranged mortgage certificate for this
purpose.)

 

• Go in with a price high enough that the seller will be interested, but
not so high as to be leaving money on the table. This is tricky and
requires a savvy knowledge of the current market.

 

• Have a REALTOR® present the offer on your behalf. A REALTOR®
will know how to do so professionally, and in a manner that gives you
the best chance of getting the home.

 

In a competitive situation, working with a REALTOR® who is an expert on
the local market — and a skilled negotiator — is crucial.

 

Looking for a REALTOR® like that? Call 778-999-7325 today.

Post CommentComments: 0Read Full Story

Move-up buyers are in a great position to sell their current smaller home such as a condo or townhouse at a strong price, and make lower offers with subjects on detached homes, for which there is now less competition.

 

Reason is due to the newer government policy constraints such as the 15% foreign tax which are expected to slow housing demand by more than 15% due to the limited numbers of eligible buyers.

 

B.C. Real Estate Association is predicting average home sales prices will drop by as much as 8.7 per cent next year in the Vancouver area and across B.C. This drop will be mainly in the detached market while condos & townhomes should remain stable with slower price increases.

 

The supply of homes for sale, especially in the condo market, is expected to trend higher next year as moderating demand is met with added new home completions.

 

Contact Pedro at 778-999-7325 for any further questions.

Post CommentComments: 0Read Full Story

When would you talk to a car salesperson? Probably only once you’re ready to buy a new car. You would do some initial research (perhaps on the internet), get an idea of what you want, and then go to the dealership to meet a salesperson, test drive the car and make the purchase.

 

Although that approach may work when you’re buying a car, it’s not the best approach when it comes to real estate.

 

You see, successfully buying or selling a home requires a lot of planning and legwork. You want the process to go smoothly, the right decisions to be made, and the best possible deal to be negotiated.  

 

After all, this is the purchase and/or sale of your home!

 

So, the best time to talk to a REALTOR® is as early in the process as possible.

 

In fact, even if you’re just thinking of buying or selling — and simply want to explore the possibility of making a move sometime this year — you should have a conversation with a good REALTOR®.

 

A REALTOR® will answer your questions, provide you with the information and insights you need, help you avoid costly mistakes, and make sure you’re heading in the right direction.

 

When you are ready to buy or sell, having worked with a REALTOR® early in the process will help ensure you get what you want.

 

So talk to a good REALTOR® when:

 

  • You have a question about the local market.
  • You want to know what your home might sell for today.
  • You’re interested in checking out homes currently available on the market.
  • You’re in the midst of deciding whether or not to make a move.
  • You’ve decided to buy or sell.

 

Getting a good REALTOR® on your side early in the game makes everything a lot easier for you.

 

Looking for a good REALTOR®? Call Pedro @ 778-999-7325 today.

Post CommentComments: 0Read Full Story