NEWS

Macleans.ca is catching up to Episode 20 of multiple offers and discussing the distorted reality of real estate photos.

https://www.macleans.ca/economy/realestateeconomy/real-estate-photos-are-distorting-reality-frustrating-would-be-home-buyers/

Winning at the Bottom

It’s about time we talk about multiple offers!

We became accustomed to winning multiple offers with no conditions and well-over asking price. It all came to a halt when the market softened. Today we can win with a variety of strategies. The best strategy? Give the Seller assurance that you can follow through.

Question of the Week

Define a bedroom!

Send your feedback and questions to [email protected]

Look up the co-hosts at:

thenewwestguys.com (Matt Brabbins and Jeremy Rae, The New West Guys)

realestatenewwest.com (Geoff McLennan)

Victoria Day brings out the outdoorsman in all of us and gets many thinking about the dream of owning a vacation property. We're all back from the long weekend at our family properties and we're sharing what it's like to own one and how to start the process of buying one!

Special guest Jay Hazelwood /// thehazelwoodteam.com 

Send your feedback and questions to [email protected]

Look up the co-hosts at:

thenewwestguys.com (Matt Brabbins and Jeremy Rae, The New West Guys)

realestatenewwest.com (Geoff McLennan)

News

Paragon Real Estate Services is reports that "Increased sales means longer processed times." Is the market changing?

 How Zillow, Redfin & Other Tech Companies Are Going To Change Real Estate In Canada

We discuss how these American real estate portals are going to change the industry as they bring their services to Canada.  What's good for the clients, what they need to be wary of, and what's different about their services. 

Question of the Week

What should buyer's be wary of when buying an older condo?

Send your feedback and questions to [email protected]

Look up the co-hosts at:

thenewwestguys.com (Matt Brabbins and Jeremy Rae, The New West Guys)

realestatenewwest.com (Geoff McLennan)

News

"Why now may be a good time to buy real estate in Vancouver."

https://www.cbc.ca/news/canada/british-columbia/vancouver-real-estate-cmhc-quarterly-report-1.5119509

Buying at the Bottom

Let's be clear. No one knows it's the bottom until it has passed. We have a lot of indications that we're close to the bottom of the market and it's a good time to buy. We're breaking down what that means for buyers, where the deals are and how to manage expectations.

Question of the Week

Who is responsible to pay a special levy approved before ownership changes, and payable after ownership changes?

Send your feedback and questions to [email protected]

Look up the co-hosts at:

thenewwestguys.com (Matt Brabbins and Jeremy Rae, The New West Guys)

realestatenewwest.com (Geoff McLennan)

It took us an extra week to get this released (Matt's fault).

This is just a fun one. No big real estate talk...and a fun look inside the history of the show and where it's going.

Send your feedback and questions to [email protected]

Look up the co-hosts at:

thenewwestguys.com (Matt Brabbins and Jeremy Rae, The New West Guys)

realestatenewwest.com (Geoff McLennan)

Special Guest Michael Thorne (tmbrealestate.com)

NEWS

REAL ESTATE INDUSTRY PARTNERS CREATE ANTI-MONEY LAUNDERING RECOMMENDATIONS FOR GOVERNMENT

http://bcrea.bc.ca/docs/government-relations/2019-04-15-aml-working-group-news-release.pdf?sfvrsn=2

BENEFITS OF A COMMUNITY SPECIALIST

Michael has clear focus to be a significant contributor to his community. It drives a lot of his business. That doesn't mean he won't leave the community. If he truly believes someone else is the best fit for clients outside his community, he's referring it. Sometimes Michael knows he is the best fit despite limitations on knowledge of the community.

QUESTION OF THE WEEK

We have a few personal questions and one asking how he earns business from his community Facebook page.

STORYTIME

The greatest real estate story we've ever heard!!

BONUS CONTENT

Michael gives us some of his best advice to get started with video marketing. His two day Video Boot Camp is a massive success (revideostudio.com/bootcamp).

Send your feedback and questions to [email protected]

Look up the co-hosts at:

thenewwestguys.com (Matt Brabbins and Jeremy Rae, The New West Guys)

realestatenewwest.com (Geoff McLennan)

News

Ontario Realtors ask PC’s to ban Bully Offers.

https://www.cbc.ca/news/canada/toronto/orea-urges-ontario-to-end-bully-offers-1.5088577

Buying in a Seller's Market

What is a Buyer's market?

What kind of offers should sellers expect? What kind of conditions, maybe subject to sale?

How much of a difference can property improvements make?

Storytime

Geoff remembers the risks of getting carried away with real estate investments when the market is strong.

Question of the Week

A seller has questions about specific improvements before selling.

Send your feedback and questions to [email protected]

Look up the co-hosts at:

thenewwestguys.com (Matt Brabbins and Jeremy Rae, The New West Guys)

realestatenewwest.com (Geoff McLennan)

NEWS - Geoff did the news this week. It's about Facebook , privacy and targeted ads.

How do agents price a home? There's an art to it. And there are some common traps that many sellers fall into.

Storytime - Keep in touch with your banker or mortgage broker to confirm they've checked all their boxes, or there'll be trouble!

Send your feedback and questions to [email protected]

Look up the co-hosts at:

thenewwestguys.com (Matt Brabbins and Jeremy Rae, The New West Guys)

realestatenewwest.com (Geoff McLennan)

NEWS - Economists are projecting that falling bond markets could cause a decrease in interest rates.

https://www.cbc.ca/news/business/mortgage-rates-1.5070332

Is Spring really the best time of year to sell? What should a Seller focus on to prepare their house for a sale in the Spring.

Storytime - How many is too many people to bring with you to a showing?

Question of the Week - How long does probate take on an estate sale? What does that even mean???

Send your feedback and questions to [email protected]

Look up the co-hosts at:

thenewwestguys.com (Matt Brabbins and Jeremy Rae, The New West Guys)

realestatenewwest.com (Geoff McLennan)

Matt's not on this episode...and he writes the show notes. Your guess is as good as Matt's about what's to come. (***I hear they're talking about the new federal budget - Matt***)

Send your feedback and questions to [email protected]

Look up the co-hosts at:

thenewwestguys.com (Matt Brabbins and Jeremy Rae, The New West Guys)

realestatenewwest.com (Geoff McLennan)