Multiple Offers

Selling when you have pets is hard. Buying when you have pets is hard. We talk about it and what you can do to make it easier.   Send your feedback and questions to feedback@morealestateshow.com Look up the co-hosts at: thenewwestguys.com (Matt Brabbins and Jeremy Rae, The New West Guys) realestatenewwest.com (Geoff McLennan)  

To the point: We talk pretty candidly about the most common commission, what we charge, and when an agent is charging too much.   Send your feedback and questions to feedback@morealestateshow.com Look up the co-hosts at: thenewwestguys.com (Matt Brabbins and Jeremy Rae, The New West Guys) realestatenewwest.com (Geoff McLennan)

News links: https://www.cbc.ca/news/business/mortgages-stress-test-rate-1.5217790 https://globalnews.ca/news/5666381/fixed-variable-mortgage-rates-canada-inverted-yield-curve/   Send your feedback and questions to feedback@morealestateshow.com Look up the co-hosts at: thenewwestguys.com (Matt Brabbins and Jeremy Rae, The New West Guys) realestatenewwest.com (Geoff McLennan)

The title kind of says it all. Geoff Mclennan and Jeremy Rae discuss some of their pet peeves...

Strata councils have lagged behind the demand for policies and infrastructure to support EV's. It's certainly easier in a house, but not always straight forward when it's an older house - very common in New Westminster!   Send your feedback and questions to feedback@morealestateshow.com Look up the co-hosts at: thenewwestguys.com (Matt Brabbins and Jeremy Rae, The New West Guys) realestatenewwest.com (Geoff McLennan)

Special guest Chris Dupuis, Notary Public explains why notaries make it look easy. They're role is so, so.....so important to facilitate a smooth transfer of title. We're glad they make it easy on our clients! chris@cwdupuis.com   Send your feedback and questions to feedback@morealestateshow.com Look up the co-hosts at: thenewwestguys.com (Matt Brabbins and Jeremy Rae, The New West Guys) realestatenewwest.com (Geoff McLennan)

News Global News real estate feature finds that developers are delaying constructing out of fear they won't hit their pre-sales targets to qualify for financing. https://globalnews.ca/news/5430196/government-policy-bc-real-estate-market/   Translating Property Descriptions What are your favourite euphemisms and half-truths when reading a property description? What are realistic expectations when you read about extensive renovations or stunning views?   Send your feedback and questions to feedback@morealestateshow.com Look up the co-hosts at: thenewwestguys.com (Matt Brabbins and Jeremy Rae, The New West Guys) realestatenewwest.com (Geoff McLennan)

We dedicate an entire episode to recent real estate news. Because it's a big deal! What's up with this Hong Kong extradition business and more buyers coming to Vancouver? How does this CMHC loan really work? Is it going to be the same box office flop that we had with the failed BC Government's down-payment loan program?   Send your feedback and questions to feedback@morealestateshow.com Look up the co-hosts at: thenewwestguys.com (Matt Brabbins and Jeremy Rae, The New West Guys) realestatenewwest.com (Geoff McLennan)    

We let super-fan Sam Teja take Matt's spot. Nuff said.... (Jer did the write-up this week, sorry)

NEWS May stats have been released. Sales volume is up, but still well below the norm.   S.C.A.R.F. Face S.C.A.R.F. is an acronym created by Dr. David Rock. Geoff, Matt and Jeremy use its teachings all the time to lead conversations and bring difficult conversations back from the brink of collapse.   Question of the Week What is a red flag in a 5 year warranty envelope review?   Send your feedback and questions to feedback@morealestateshow.com Look up the co-hosts at: thenewwestguys.com (Matt Brabbins and Jeremy Rae, The New West Guys) realestatenewwest.com (Geoff McLennan)

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 feedback@morealestateshow.com 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 feedback@morealestateshow.com 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 feedback@morealestateshow.com 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 feedback@morealestateshow.com 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 feedback@morealestateshow.com 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

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 feedback@morealestateshow.com 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 feedback@morealestateshow.com 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 feedback@morealestateshow.com 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 feedback@morealestateshow.com Look up the co-hosts at: thenewwestguys.com (Matt Brabbins and Jeremy Rae, The New West Guys) realestatenewwest.com (Geoff McLennan)