Greg & Colin Thornton have just listed ANOTHER new property at 1559 RITA PL in Port Coquitlam.
Mary Hill Home! GREAT 4 bed, 3 bath Rancher with Full Basement! Large main floor with 3 bedrooms & master with 2 pc ensuite. Spacious living room with wood burning fireplace, large dining room with slider to the GIANT partially covered 493 sqft deck with gorgeous mountain views. Kitchen with eating area! A 4th bedroom is located downstairs alongside the family room with another fireplace, rec room, laundry room, a washroom and ample storage space. This home is waiting for your personal touch to create the perfect space for your family. This home is situated on a large lot on a quiet local traffic only cul-de-sac street with lane access from the back! UPDATES: Main bath in '14; furnace in '15, Leaf Guard gutter system in '19, W & D in '19, Roof in '20 & D/W in '21
Greg & Colin Thornton from Keller Williams Elite Port Coquitlam Greater Vancouver  are Top producing Real Estate Experts!
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Greg & Colin Thornton have JUST SOLD ANOTHER property at 439 3098 GUILDFORD WAY in COQUITLAM.
*55+ Lliving* Don't miss this spacious FULLY renovated top floor corner unit overlooking LaFarge Park. Spacious open floor plan, a nice bright kitchen w/ eating area & adjoining family room w/ slider to the large covered sundeck. Nice big master bedroom w/ W/I closet & nicely updated 5 pc ensuite. Large living & dining room w/ 12' ceilings in the LR & 9' ceilings thru out the rest of the home. Good sized 2nd bedroom with double closet. Fresh paint thru out including the ceilings, new flooring thru out w/ wide plank vinyl in the kitchen & bathroom & carpet thru out the rest of the home, new LED light fixtures. Nicely updated kitchen & bathrooms w/ white cabinets, white cabinets, quartz countertops & backsplash, new plumbing fixtures & S/S appliances. New window coverings thru out. Amenities
Greg & Colin Thornton from Keller Williams Elite Realty Port Coquitlam Greater Vancouver  are Top producing Real Estate Experts!
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Greg & Colin Thornton have JUST SOLD ANOTHER property at 12133 Acadia ST in Maple Ridge.
WOW! Almost 1/3 Acre (13,510 Sqft) Flat lot 70ft frontage x 193ft length! Quality basement home with septate entrance. The large main floor boasts kitchen with eating area, 3 large bedrooms (master with en-suite), Spacious family room with fireplace & formal dining room with slider door out to your sundeck overlooking the park like west facing backyard. Downstairs you will find an additional rec/family room with fireplace, a bedroom, a bathroom & separate entrance. Bring the toys, lots of room for R.V. parking & has rear yard vehicle access + single garage! Walking distance to downtown, schools Maple Ridge Secondary, bus route & parks. Running track, tennis courts available at schools nearby. Fruit ( fig) trees on the property. Roof done aprox 2007.
Greg & Colin Thornton from Keller Williams Elite Realty Port Coquitlam Greater Vancouver  are Top producing Real Estate Experts!
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VANCOUVER, BC – September 2, 2021 – While home buyers have remained active in Metro
Vancouver* throughout the summer, the supply of homes for sale has declined steadily since
June.


The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the
region totalled 3,152 in August 2021, a 3.4 per cent increase from the 3,047 sales recorded in
August 2020, and a 5.2 per cent decrease from the 3,326 homes sold in July 2021.
Last month’s sales were 20.4 per cent above the 10-year August sales average.
“August was busier than expected, and listings activity isn’t keeping up with the pace of demand.
This is leaving the market under supplied.” said Keith Stewart, REBGV economist.
There were 4,032 detached, attached and apartment properties newly listed for sale on the
Multiple Listing Service® (MLS®) in Metro Vancouver in August 2021. This represents a 30.6
per cent decrease compared to the 5,813 homes listed in August 2020 and a 7.9 per cent decrease
compared to July 2021 when 4,377 homes were listed.
The total number of homes currently listed for sale on the MLS® system in Metro Vancouver is
9,005, a 29.7 per cent decrease compared to August 2020 (12,803) and an 8.6 per cent decrease
compared to July 2021 (9,850).
“Housing supply is the biggest factor impacting the market right now. To help relieve pressure
on prices and improve peoples’ home buying options, the market needs a more abundant supply
of homes for sale.” Stewart said. “Housing affordability has been a key issue in the federal
election. We encourage the political parties to focus on policy solutions that will help streamline
the creation of more diverse housing options for hopeful home buyers today and into the future.”
For all property types, the sales-to-active listings ratio for August 2021 is 35 per cent. By
property type, the ratio is 25.3 per cent for detached homes, 51.8 per cent for townhomes, and
39.2 per cent for apartments.
Generally, analysts say downward pressure on home prices occurs when the ratio dips below 12
per cent for a sustained period, while home prices often experience upward pressure when it
surpasses 20 per cent over several months.
“When assessing the market, it’s important to understand that while year-over-year price
increases have reached double digits, most of the increases happened three or more months ago,”
Stewart said. “To better understand the latest home price trends in your preferred location and
home type, talk with your local REALTOR®.”
The MLS® Home Price Index composite benchmark price for all residential properties in Metro
Vancouver is currently $1,176,600. This represents a 13.2 per cent increase over August 2020
and a 0.1 per cent increase compared to July 2021.
Sales of detached homes in August 2021 reached 945, a 13.7 per cent decrease from the 1,095
detached sales recorded in August 2020. The benchmark price for a detached home is
$1,807,100. This represents a 20.4 per cent increase from August 2020 and a 0.3 per cent
increase compared to July 2021.
Sales of apartment homes reached 1,631 in August 2021, a 22.4 per cent increase compared to
the 1,332 sales in August 2020. The benchmark price of an apartment property is $735,100. This
represents a 7.6 per cent increase from August 2020 and a 0.2 per cent decrease compared to July
2021.
Attached home sales in August 2021 totalled 576, a 7.1 per cent decrease compared to the 620
sales in August 2020. The benchmark price of an attached home is $952,600. This represents a
16.5 per cent increase from August 2020 and a 0.3 per cent increase compared to July 2021.

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Walk-through videos are becoming increasingly popular. The seller’s agent simply films a tour of a home, often including commentary, and then makes the video available to prospects.


When you’re shopping for a new home, you want to get the most out of watching this type of video, especially if you’re relying on it to help you decide whether or not to make a viewing appointment.


Consider these suggestions:


  • Remember, it’s a video. So take advantage of the ability to pause, go back and forth, and take screenshots you can review later.
  • When you’re watching, look for everyday items that can give you perspective, such as a lamp, sofa or chair. These items will help you gain a more accurate sense of room sizes.
  • Although that previous tip will help, it’s still difficult to judge room size on a video. So, don’t be quick to dismiss a listing because you think the rooms might be too small.
  • Pay attention to what is not shown. Did the agent leave the ensuite bathroom out of the video? That may indicate an issue.
  • When viewing the main rooms, such as the living room and kitchen, try to get a sense of how your furniture will fit.
  • Make a list of features and characteristics you want in your next home. Have that list handy as you watch the video. You can use it as a checklist.
  • While you’re watching, jot down any questions you have about the property.


After watching the video, if you like what you see, take the next step. Schedule a viewing appointment.


 

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Imagine a kid running a lemonade stand. He’s selling his product for 25 cents a cup. He’s doing okay. Sales are good. Then someone comes up to his stand and says, “I’ll give you 50 cents for a cup. But, I don’t have the money right now. Give me the lemonade and I’ll pay you later.”

Should he take the deal?

Chances are, you’d advise against it. After all, just because the price is high — in this case, double — doesn’t mean the offer is a good one. There’s a chance the customer won’t come back with the promised 50 cents!

That’s a simple example but applicable when considering multiple offers for your home. Yes, the offer with the highest price is often the one to accept, but there are situations when that’s not the case.

For example, you should be careful when considering the highest offer if the buyers’ financial situation is uncertain. Have they attached an appropriate deposit? Have they secured a prearranged mortgage from a reputable lender? Has their current home been sold, or is it at least listed for sale?

It may turn out that the offer is fine, but these are questions that should
be considered.

Another scenario involves conditions. The highest offer might have conditions such as your property passing a home inspection or the buyers selling their current home. That would make the second-highest offer with no conditions more attractive — especially if the price isn’t far off that of the highest offer.

Keep in mind that you can ask to have conditions dropped in your
counter-offer.

As you can see, deciding which offer to accept is not as straight-forward as it may seem, especially if you anticipate getting multiple offers.

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“You never get a second chance at a first impression.” We’ve all heard this expression before. And now, while you are preparing your house to sell, it should not be far from your mind.
While logical factors such as price and location narrow the pool of houses a potential buyer will look at, the ultimate decision to buy a particular house is fuelled by a mixture of logic and emotion. And emotion often wins out. The same might be said for the process of selling a home. For this reason, Real Estate Agents, when they talk to you about buying real estate, will refer to your purchase as a “home.” When discussing the sale of your current home, however, an agent will refer to it as the “house.” This is a conscious choice. The agent knows that buying a house is often an emotional decision, while, when selling a house, emotion should be separated from the process.
Buyers are searching for a “home”—a place in which they will feel comfortable, secure, and happy, a place in which they can imagine settling down and raising their family. As a seller, your goal is to cultivate these feelings through the property you’re selling. Look at your house as a marketable commodity. A buyer’s emotional response is triggered early, so you want to ensure you have done everything you can to encourage a positive response to your house from the outset. Within minutes—even seconds—of pulling into your driveway, buyers have formed an impression that they will carry with them through the rest of the showing, and beyond. Keep in mind, this impression will not only influence whether or not they make an offer, but also what they consider to be the value of the property.
If you’ve ever visited model homes, you’re familiar with effective presentation styles. Have you ever walked into one of these homes and immediately begun taking stock, planning how to get your home to look that good? Well, now is the time to take some of these steps. Of course, there are ways to achieve the same effect in your own home without incurring model home costs.
When homes create this immediate type of emotional appeal, they tend to sell quickly—and for more money. Use the following step-by-step guide to get your house into selling shape before you put the property on the market, and you’ll be well on your way to a successful sale!
1. Depersonalize.
This should be one of your first steps when you begin preparing your house to sell. Over the years, a home inevitably becomes tattooed with the owners’ lives, covered with touches that have made it that special place for you. At this point, however, you want buyers to recognize it as a property they could make into their unique place. When a homebuyer walks into a room and sees these personalizing touches—such as photos on the walls or trophy collections—their ability to picture their own lives in this room is jarred, impairing a positive
emotional response. So, your first step will be to remove all the family photos,
the trophies, collectible items, and souvenirs. Pack them all together, so you’ll
have everything you need at your disposal when it comes time to personalize
your new home. For the time being, rent a storage space and keep these items
there. Do not simply transfer these items to another place in your house. Do
not hoard them away in a closet, basement, attic, or garage, as the next step in
preparing your home is to minimize clutter—and these areas of your house will
all be targeted.
2. Remove all clutter.
The next step on the list is to purge your house of the excess items that have
accumulated over the years. This is the hardest part for many people, as they
have an emotional investment in many of these things. When you have lived in
a house for several years, a build-up of personal effects occurs that is often so
gradual that you don’t notice the space is becoming cluttered. If you need to,
bring in an objective friend to help point out areas that could stand to be cleared.
Try to stand back yourself and see your house as a buyer might. Survey
shelves, countertops, drawers, closets, the basement—all places where clutter
often accumulates—to determine what needs to go. Use a system to help you
decide: get rid of all items, for example, you haven’t used in the past five years,
and pack up everything that you haven’t used in the past year. Although getting
rid of some things might be hard, try to do it without conscience or remorse.
You’ll be forced to go through this process anyway when you move, and with
each box you eliminate, your storage space—and the room in general—begins
to look larger. We’ve broken down the process into specific areas of your house
to help you concentrate your efforts:
Kitchen:
The kitchen is an ideal place to begin, as it’s easy to spot and eliminate the type
of clutter that tends to accumulate here. Homebuyers will open your drawers
and cabinets as they’ll want to check if there will be enough room for their own
belongings. If the drawers appear cluttered and crowded, this will give them the
impression there is not enough space.
• First of all, remove everything from the counters, even the toaster (the
toaster can be stored in a cabinet, and brought out when needed).
• Clean out all the cabinets and drawers. Put aside all of the dishes, pots
and pans that you rarely use, then box them and put them in the storage
unit you have rented (again, not in the basement or a closet).
• If you, like many people, have a “junk drawer,” clear this out.
• Get rid of the food items in the pantry that you don’t use. Begin to use
up existing food—let what you have on your shelves dictate your menus
from now on.
• Remove all extra cleaning supplies from the shelves beneath the sink.
Make sure this area is as empty as possible. You should thoroughly
clean this spot as well, and check for any water stains that might indicate leaking pipes. Buyers will look in most cabinets, and will notice any telltale signs of damage.
Closets:
• Go through all clothes and shoes. If you don’t wear something anymore, get rid of it. We all have those clothes, too, that we wear only once in awhile, but can’t bear to give away. Box these items and keep them in the storage unit for a few months.
• Go through all other personal items in the closet. Be ruthless. Weed out everything you don’t absolutely need.
• Remove any unsightly boxes from the back of the closet. Put them in storage if need be. Get everything off the floor. Closets should look as though they have enough room to hold additional items.
Furniture:
• You may want to tour a few model homes in order to gauge the type of
furniture chosen by design teams to create a spacious, yet comfortable atmosphere. Note how that furniture is arranged to cultivate a certain feeling.
• After having armed yourself with some ideas, stand back and look at each
of your rooms. What will you need to remove? Remember, most homes contain too much furniture for showings. These are items that you’ve grown comfortable with and that have become incorporated into your everyday routine. However, each room should offer a sense of spaciousness, so some furniture will likely need to be placed in storage.
Storage Areas:
• Basements, garages, attics, and sheds: these are the “junkyard” areas of
any given home. It is possible to arrange simple clutter into a certain order, but junk is sent packing to these often-hidden rooms. First, determine which of these boxes and items you actually need. Can some of it be sent to the dump once and for all?
• Hold a Garage Sale. You’ve heard the saying, “One person’s trash is
another’s treasure.” Let these items go to a better home.
• Transfer some items to the rental storage unit. You’ll want to clear the
storage areas in your house as much as possible, in order for them to appear spacious to potential home-buyers. Buyers want the reassurance that their own excess belongings will find places for storage in their new home.

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