New Westminster

Office 604-525-1005 | info@parkgeorgiarealty.ca

  Mortgage Calculator

Calculate Your Payments

  Buyer Resources

Best Real Estate Advice

  Seller Resources

Selling For Top Dollar

  Mobile Listings

Search Anywhere Always

  Here To Help You

You Can Contact Me Always

A Real Estate Minute

Answers to your real estate questions

Q. Derrick, Is it really necessary to hold open houses while we are selling?

           ~ Monica from Glenbrooke North

 

A. As a new listing, a single well advertised open house is highly recommended. After that, once a month for the duration of the listing is plenty.


If you live on a desirable street, your neighbours may have friends who have requested a heads up about any new listings in their neighbourhood. Your open house is an opportunity for them to preview it. The dreaded looky-loos are unfortunately a part of the process.

 

Buyers have become very independent by choice, enlisting the services of their Agent only once interest is stirred. Almost all Buyers today are introduced to their new home online. An open house gives them a chance to view it anonymously. If a potential Buyer tells me they saw the listing online, I know there is some level of interest or they would not be at my open.

 

Sundays have always been better attended than Saturdays. Anything you bake is appreciated. I mean helpful

HOT TIP #7

Looky-loos have friends too! 

 


 

Q. Derrick, we own an older home should we be concerned about a potential inspection?

          ~ Trevor from Queens Park

 

A. Twenty years ago, 20% of the homes were inspected. Today it’s closer to 90%. There will be issues, there always are. That is what the inspector was hired to find. It’s how those issues are handled that matters more. No one likes a surprise.


A Buyer can handle almost anything if they have knowledge of the problem up front. Discuss the Property Disclosure Statement thoroughly with your realtor. Remember the three ‘D’s’ of selling a home: Disclose Disclose Disclose. Trust your Realtor to deal with any potential issues. As a rule, I ensure the inspection is performed as soon as possible after an accepted offer in case we need a little wiggle room to overcome an issue no one could have anticipated. Because the worst surprise of all is the one you don’t have time to solve!

HOT TIP #8

Ensure a property inspection is performed a few days before subject removal. 

The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.