5 Ways To Negotiate Better When Buying in Happyville, USA
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READY TO LEARN MORE?
Working with home buyers is a passion that fuels my commitment to real estate. I’m here to guide you through the process of finding your next or first home well simplifying the process. I love helping clients be able to explore various properties, understand the market dynamics, and witness the excitement as you discover the place where your future memories will be made. Your journey is unique, and being a part of it, advocating for your needs, and ensuring your satisfaction is truly rewarding.
Here’s what they had to say…
“”Her business background is evident in her knowledge of real estate and the investment market. She went up and down our path to finding our dream condo. We couldn’t recommend her more highly.””
– Kristin Patriquin
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Why use me?
Have an idea of what you’re looking for? Fill in the information to the right and I will set you up on the MLS portal to get sent property listings meeting your criteria. I will follow up with you to discuss more about your needs, wants and timeline!
As always, if you have any specific questions or concerns don’t hesitate to put them in your message so I can get back to you with an answer.
Want to learn more about buying real estate in Greater Victoria? Check out these articles and videos.
Check out our FAQs for buying real estate on Vancouver Island
The length of time to find the right property for you depends on so many factors! However, once you do find a property and write an offer there is usually a conditional period of 5-10 business days prior to when the deposit is due. Then, the closing period is dependent on what is negotiated with the seller in the contract. This can be as quick as 2 weeks or as long as a couple of months.
BC now has a 3-Day Home Buyer Rescission Period for all residential property transactions (there are a few exemptions). This was effective January 3, 2023. These new regulations provide a buyer with a 3-day rescission period starting the day after acceptance and doesn’t include Saturday, Sunday, or holidays. If you as a buyer rescind, you will be required to pay the seller a fee of 0.25% of the purchase price. This rescission right cannot be waived and the Contract of Purchase and Sale must contain the exact rescission amount, the contact for sending rescission notice to, and the last date rescission can happen. I will guide you through this during the buying process.
There are several other costs involved in buying a home on top of the purchase price.
In short, no! The buyer and seller’s agent gets paid the majority of the time from the proceeds of sale. The total commission gets split between the buyers agent, their brokerage, and the sellers agent, and their brokerage.
There are some circumstances where a seller does not offer a buyer agent commission. If this is the case with the property you want to move forwards with, I do my best to negotiate the commission into the contract so you do not have to cover it.
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