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4 Tips For Millennials Who Want To Buy Real Estate

4 Tips For Millennials Who Want To Buy Real Estate

It’s the world we live in now. The rental market and housing market in the main cities like Toronto and Vancouver are tough. It’s expensive to rent and it’s hard to find a way to buy. But what if you did things just a tad bit different? Then and maybe only then will you be able to find the way to buy that Real Estate you’ve always wanted.

Here are some tips for Millennials who are trying to save a down payment to enter the Real Estate Market. (None of them require you to abandon your 3 coffees a day completely, though of course it may be smart to also do so.)

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5 Great Things About Living in Coquitlam

5 Great Things About Living in Coquitlam

So Let’s Talk About What I Love In The Area.

Coquitlam is by far the largest city in the Tri-Cities and really this list could have 10-20 things on it. So for now in this first part I want to outline the things I love about Coquitlam. I hope you enjoy!

1. Town Centre Park & Lafarge Lake: A 1.2-kilometre trail loops this popular urban lake in Town Centre Park, offering views of both mountains and the city. This is right in the town centre and is home to many sporting events and activities year round. A great place to walk and clear your head while not having to stray too far away to some of the other local trails. Only steps away from the Lafarge Lake Skytrain Station.

‘Tis the season to mark down this event in your calendar. The Lafarge Lake Lights is a free attraction with community engagement, family fun, and plenty of photo opportunities! Follow the path  around the lake and you’ll go through themed light zones.

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This Is Why Your House Isn’t Selling

This Is Why Your House Isn’t Selling

I’ve seen again and again. Most of the time I’m kind of happy when I see it. Cause it means that what we do is 10 times more than other Realtors out there. I get that the market in Vancouver is hot. But that doesn’t mean your agent can take your asset for granted, nor should you let them.

What I mean by that is, so many times I talk to people who are selling their home. They put it up for sale with an agent who doesn’t know the area they are selling. An agent who doesn’t spend any money on marketing your home. An agent who convinces sellers that iPhone photos are good enough.

I’m here to implore you to consider your options. Consider your home and what you truly deserve in the sale of your biggest investment in your life. Here is why your home isn’t selling nor will it sell for what you want it to.

You Have a MARKETING Problem if…

  • Few people are making appointments to see your home.
  • The photos are terrible or non-existent.
  • There is minimal information on your MLS listing: no room measurements, no captivating description of your home.
  • Your agent’s website gets 50 visitors a month and she thinks online marketing means having your house on realtor.ca
  • Your agent doesn’t have a website at all or a social media presence.

You Have a PRICING Problem if…

  • You’re getting lots of showings and no one is making an offer.
  • You’ve received offers from a few Buyers and they are all clustered around the same price (and it’s not your asking price).
  • The market has declined since you listed your house for sale and you haven’t adjusted your price to reflect the new reality.

You Have a SHOWING Problem if…

  • Potential Buyers can’t get in to see your property when it’s convenient for them.
  • You’ve restricted appointment times to 15 minutes with a 12-hour notice period
  • You’re home during the showings.
  • Your agent doesn’t show the property, they just use a lock box and let the buyers agent do all the work.
  • Your agent’s office doesn’t have a receptionist or answering service, so it’s hard for other agents to book appointments.

You Have a STAGING Problem if…

  • People can’t easily understand how the rooms are supposed to be used or how the TV can face the couch.
  • Potential Buyers are too distracted by the clutter and mess to see the house.
  • You don’t stage at all.
  • Your home is completely empty. You or your agent must put some effort into it.

So now that you’ve heard my rant. Let’s ask a simple question, should you use an agent that does any of this? Maybe you should consider an agent that goes above and beyond. Maybe you should consider an amazing team like ours, Garbutt+Dumas Real Estate Team. There’s a reason we sold over 150 homes and had $120,000,000 in sales last year (2017) alone.

Lets talk today and give your most valuable asset the love it deserves.

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5 Great Things About Living in Port Moody

5 Great Things About Living in Port Moody

So Let’s Talk About What I Love About The Area.

Port Moody is a great city to call home and also to visit. It’s comprised of some amazing mom and pop shops, local breweries and restaurants. A great place for families, young and old couples, plus your family pet. You really will fall in love with what it has to offer and probably will be blown away on your first visit. A visit that may have you considering relocation to the suburbs.

1. The Neighbourhood: Port Moody is set up into different sections of hoods and areas. There’s Newport Village, Suter Brook Village, Brewers Row (not technically a hood per say) but I like to call it one, Anmore, Heritage Mountain, Moody Centre and more. But these are the ones I venture to on a regular basis. What I love most about these areas is that each one has its own character. I’ll write more about it soon but for a quick example.

  • Newport Village has a laid back vibe with Brown’s Restaurant (Great summertime patio), Gallaghers Cafe (Be sure to pick up a stamp card for your coffees, Buy 10 get 1 free), Kin’s Market (Fresh Veggies), St. James Well (The perfect local pub, great food and rotating taps), and The Runners Den (An amazing local shoe store for those avid runners).
  • Suter Brook Village has a Thifty Foods (great grocery store, be sure to get a beautiful bouquet of flowers and fresh sushi made on site), Romers Burgers (Great spot to watch the game), Starbucks (There’s another one in Newport Village too), Sango Sushi (best Beef Yaki Soba I’ve had so far in town).
  • Moody Centre has a lot to offer too, but my favourite is the Original’s Café Mexicano (placed in a house, cool atmosphere), Taps & Tacos (amazing happy hour, must try is the Korean Pork Taco), and Rosa’s Cucina Italiana restaurant (Prepare to wait for a table, but a must in Port Moody) plus Gabi & Jules Handmade Pies and Baked Goodness (you must stop and get one, even just a slice…absolutely no excuse).
  • Brewers Row; please read below at number 3.

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5 Tips For Helping You Sell Your Home Fast & For More Money

5 Tips For Helping You Sell Your Home Fast & For More Money

It’s that time in your life where you’ve decided to sell your home. That’s amazing and I truly hope you get exactly what you want. But what if I told you that there are some tricks to help sell your home. Tricks that are actually tips but you get what I’m saying. These tips will help you sell your home fast and for more money. Sure some of these tips are common sense but you would be surprised on how many of these are not utilized. So let’s get into this portion of the writing.

I imagine that if you are reading this and thinking of selling fast. You just want to get to the point.

Here’s a Small List to Help You on Your Journey

1. Hire A Marketing Genius Realtor: Okay so what does this mean exactly. Well what if I told you the one Realtor who has helped you before or is the first person you’ve been referred… is not your guy? It’s true that there are some bad Realtors out there. Ones that don’t have your best interest at heart, ones that are not adapting to the new age of tech.

You need to consider that one Realtor who is also a marketing genius. The one that has his or her pulse on all of todays technology, social media platforms and can think outside the box. So be sure to check out there Instagram, Facebook, Twitter and all others…even SnapChat.

2. Stage, Stage and Stage Your Home: I can personally guarantee that staging your home will sell your home faster and for more money. Now there are different ways to go about this. You can hire a staging company or maybe your Realtor stages for you. This is all dependant on where you are selling but staging is a must.

I get that you love that computer desk or old piano. I get that your couch has been in the family for generations. Great…you can take those with you when you sell. But the buyer who is coming to look at your house is going to judge your place on how it looks from the inside and outside.

So when they walk in to your home you may as well have that perfectly placed painting or photo. That beautiful table and couch. Those perfectly placed accents scattered around. take away any and all distractions and let the buyer in on an experience. One that will have them actually asking to buy the furniture from you in their offer. Seriously…this happens when you stage. Your buyers will make a bigger and better offer and will even try to buy all the furniture and things around. You of course can’t sell it if it’s not your stuff but that goes to show how effective it was.

This will single-handedly be the best thing you can do when selling your home. Even if you use your own stuff, have a professional come in to give you some ideas of what to do and where to put things.

3. Take Professional Photos: Yep…that’s right! Professional photos are a must. I get that your iPhone is the best on the market. That you consider yourself a great photographer. But it is a proven stat that professional Real Estate photos make for a fast sale and drive the value up on your property.

Do not let your Realtor be cheap and make sure that they get professional photos done. A beautiful photo that is perfectly focused instead of blurry speaks a thousand words. Odds are the buyers of your home are looking at these photos online first and judging for themselves whether to come to the Open House or not.

In fact odds are like 100% chance that they are doing that!

4. Have Open Houses: That’s right, have an Open House. It seems like utter common sense but you would be surprised at how many people don’t do them. They’ll go ahead and say stuff like, appointment only or the photos are online. There are Realtors out there that will do everything to convince you not to do an Open House…Seriously they are out there. How they still have a business and are getting business is beyond me.

It’s pretty obvious that by having an Open House and applying all these tips will bring people in to your place. That in turn will have people talking about your place, which will put even more eyes on the sale of your house. This in turn will help you sell fast and for even more money.

Reminder – Be open to all availability for your Realtor to show your home. Even before and after the Open Houses. Some buyers just can’t make it to the Opens that are available.

5. Landscaping: This is a must for any home seller. Even if you are selling a Townhouse or Condo. Make sure that the buyers first impression of the place is amazing. Imagine the difference of a place that has garage outside and haven’t raked up the leaves if it’s the fall. Compared to a perfectly manicured property and mowed lawn. Even if you have a small garden on the patio of your condo, apply this tip. It will work.

Every little detail in selling your home will go above and beyond. Think about using some white little rocks around the plant beds or planting some fresh flowers in the front. This first impression will be in your favour if you do.

So now you know some great tips about how to sell your home fast one for more. Now comes the time that you have a great educated idea of what your home is worth before you apply these.

CLICK HERE to find out what your home is worth.

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10 Mistakes to Avoid When Buying an Investment Property

Investment Property

10 Mistakes to Avoid When Buying an Investment Property

Using your hard-earned money should mean that you do your research when buying an Investment Property. So be sure to do your researchThe goal is to start your portfolio off successfully. I recommend looking outside your area and trust in your Realtor®. They will guide you in the right direction. Almost every prospect requires that you start out low and work your way up. Real estate investments are no different. It’s important to begin with a solid property before finding a challenge. Start out with smaller, cheaper properties that you can afford and look into rents in that area.

If you look in Maple Ridge for example, you can buy a $199,900 property that can bring in $1200 a month in rent. With 20% down you’ll be bringing in a positive cash flow, after mortgage and strata fees are paid. Be it a small return but it’s a return none the less. That’s exactly what you want to be doing, which is making money. So think outside the box and start small. Once you’ve got the hang of it then you can add to your portfolio. In no time you’ll have 5-10 properties and be on the way to financial freedom.

The prices in Greater Vancouver are inflated, so learn other areas in BC. Reason being is that the prices in the surrounding areas are better. Making it easier to get into the market at an affordable price. So instead of buying a $600,000 downtown property, maybe think of investing elsewhere. This is so that you can grow that positive cash flow.

Plenty of challenges accompany the current real estate market. So those who invest in real estate without proper preparation might suffer the negative consequences. If you’re interested in beginning a rental property business…

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Lets Talk About Why Your Home Is Not Selling

Lets Talk About Why Your Home Is Not Selling

Your home is up for sale and it’s time to do everything you can out of the gates. You must impress and have a great first impression. But also be ready to understand the market and how it changes through time.

Think about this for a moment. Market value is truly how much a Buyer is prepared to pay for a home and how much the Seller is prepared to accept for their home. While agents look to recent and nearby comparable sales to help us predict what that market value might be, market value is actually dictated by the Buyers and Sellers.

So when it comes to the issue at hand of why your home is not selling. Then maybe you should look at some key factors to the puzzle.

 

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5 Reasons You Should Hire A Millennial Realtor

Millennial Realtor

5 Reasons You Should Hire A Millennial Realtor?

There are a lot of options when it comes to hiring your next Realtor. There are so many of us out there. I get it and understand if you think I’m not right for you. But what I can tell you is there is a true reason that you should give me a chance to win you over. I’m young but not too young, I’m experienced but not jaded and I have the confidence needed to make you money!

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The Perfect Date Night In Port Moody

Port Moody Date Night

The Perfect Date Night In Port Moody

It can also be just a great time with friends too!

As you can tell by now. I’m a huge fan of Port Moody and what it has to offer.
So today’s blog is going to be about those times when you’re looking for something to do. Something a little different but still around what Port Moody has to offer.
This is a date night that I recently went on with my Fiancée. It was one of the best times I’ve had here. I’m already looking to rinse and repeat it with her again.
So it all started on a random night that she told me, we need to go on a date soon. “It’s been so long since you and I went on one“. She in a round-about but direct way said “you should take me out on a date” which we all know means It should be soon and by soon I mean very soon. So I knew I only had a couple of days to pull this off.
A couple of days went by and I was racking my brain on what to do. I wanted to keep it local and still make it different from what we usually do. We love going and walking the area, usually down the trails towards Rocky Point then hit up a brewery, food truck and head home. Maybe we stop at Browns for cheap pizza night (Sunday or Monday) or sushi.
But this time I had to think about what we haven’t done and what would make for a great night. I did all this research and realized there needs to be more info and resources to help others out in this situation. So I had to think outside the box, and I remembered driving by a couple of places that I keep saying to myself that we need to go there someday. That’s when I decided that this is what we are going to do.

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