Vancouver New Condos & Presale FAQ
What does Vancouver New Condos Do?
Vancouver New Condos are licensed Realtors who help the buyers and sellers of properties especially presales throughout British Columbia, Canada. This includes assisting with the following:
What does Vancouver New Condos Not Do?
Vancouver New Condos does not do the following:
What are areas Vancouver New Condos cover?
We originally just covered Greater Vancouver, but have expanded to serve the Fraser Valley, Victoria, Nanaimo, Squamish as well as Kelowna and the rest of the Okanagan and the rest of the BC Interior.
What is a Presale Condo in British Columbia?
Our specialty is helping owner occupiers and investors purchase presale condos in British Columbia, Canada. We have written this article to help prospective better understand what is a presale condo in BC.
What is a Presale Condo Assignment Sale in BC?
A presale condo assignment sale is a transaction where the original buyer of an unbuilt condo transfers their purchase rights to another buyer before construction completion.
Essentially, it’s selling the agreement with the developer, allowing a new buyer to assume the original buyer’s contractual position in the yet-to-be-built property.
Vancouver New Condos specialises in presale condo assignment sales across British Columbia. Please get in touch to find out how we can help.
How do you Sell a Presale Condo Assignment in BC?
We at Vancouver New Condos also specialize in the sale of presale condo assignments. Please learn more by reading our article on How to Sell a Presale Condo Assignment.
How do Realtors get Paid?
We at Vancouver New Condos are transparent about how Realtors get paid in BC and how we get paid in particular. Please see our detailed article on how realtors get paid in BC.
What is the 7-Day Rescission Period?
The seven (7) rescission period is an important protection for presale condo buyers in British Columbia and is a key part of the Real Estate Development Marketing Act.
Please have a look at our page on what is the 7-day rescission period for presales in BC.
Are Presale Condos in BC Covered by a New Home Warranty?
All new homes (with some exemptions) are covered by BC’s New Home Warranty Program. For more information on this important protection for presale condo buyers, please see our detailed article on the BC New Home Warranty.
What is The Disclosure of Representation Trading Services DORTS Document?
The Disclosure of Representation in Trading Services DORTS document is a mandatory form in BC since 2018.
This document is to ensure transparency in real estate transactions by clarifying the agent-client relationship, rights, and responsibilities, especially vital for presale condo buyers.
Realtors representing buyers and sellers of real estate in British Columbia are required to present this to their clients.
Clients are not required to sign it.
How to find a good Real Estate Agent
Finding the right Realtor is as easy as contacting us. We can help you with all of your real estate needs across British Columbia. But, if you would like more information on this, please check out our article on how to find a good real estate agent.
What are The Pros and Cons of Buying Presale Condos in BC
Presale condos are not for everyone. In this article, we delve into the The Pros And Cons Of Buying Presale Condos In BC. Would love to hear your thoughts.
Canadian Citizen Non Resident Buying Property in BC?
Can Canadians who are not resident in Canada buy property in BC?
Canadian citizens are exempt from the 20% BC Foreign Buyers Tax as well as the federal Foreign Buyers Ban. For more detailed information, please check out our post on Canadian Citizen Non Resident Buying Property in BC.
What’s it like living in Vancouver?
Vancouver is one of the most highly sought after place in the world to live. This is large part due to its high quality of life. Have a look at our page on What’s it like to live in Vancouver.
What’s it like living on the North Shore (North Vancouver & West Vancouver)?
Greater Vancouver’s North Shore, which includes West Vancouver as well as the City & District of North Vancouver, is close to nature with fantastic beaches, mountains, an pristine forests. Please have a look at our page on Living on the North Shore.
What is life like in Victoria?
What is life like in The Fraser Valley?
British Columbia’s Fraser Valley (including Abbotsford & Chilliwack) with its proximity to Vancouver, mountains, lakes, and the Fraser River offers affordable, urban, suburban, and rural lifestyles. Have a look at our page on Living in the Fraser Valley!
What’s it like living in Squamish?
Squamish is known as “Outdoor Capital of Canada” for good reason as the area has some of world’s best skiing/snowboarding, kiteboarding, mountain climbing, and much more! Squamish has a wide variety of housing and investment options ranging from presale condos and townhouses to single family houses. Please have a look at our article on Living in Squamish.
What is happening in the Real Estate Market? BC Real Estate Statistics
The best way to find out what is happening in the real estate market is to contact us at Vancouver New Condos. We are active Realtors who cover the Greater Vancouver area, The Fraser Valley, Vancouver Island,the Okanagan, and elsewhere in British Columbia.
Another way to get up to speed with areas of BC you’re interested in is to look at the statistics provided by the various Real Estate Boards across BC. We have pages with statistics for Greater Vancouver, The Fraser Valley, and Victoria.
Buying New and Presale Condos in Vancouver BC has advantages for all types of purchasers including owner-occupiers, first time home buyers and experienced property investors.
Real Estate Terms Canada for Presales – Confused?
We have compiled a list of real estate terms for presale condos in BC to clarify the confusion around the jargon so common in this industry.
What is the Difference Between Presale and Resale Properties?
Presale properties are different from Resale properties. Here we will explain the purchasing process and the relative benefits of purchasing presale homes. Contact us if you have any questions at all at 604-265-7217.
What should I expect when I sign up on Vancouver New Condos?
We are transparent about what we do when you sign up on our site. Please see this detailed article on what to expect when you sign up on Vancouver New Condos.