18.02.24

Vancouver Real Estate Sector Trends in 2024

One of the greatest dreams and accomplishments we can achieve is finding a good living place. Additionally, as we start 2024, both buyers and sellers need to know what's happening in the housing market. In this article, we are going to have a look at the top real estate companies in Vancouver. Furthermore, we'll also discuss what families should keep in mind this year when looking for a new house, and share some helpful tips for that.

 

What Buyers, Sellers, and Owners Should Know in 2024

For Buyers

• Get ready for a price climb: Experts say prices will keep going up, so be prepared to spend more if you're buying.
• It's a competition out there: Be quick and decisive! Lots of people want homes, so act accordingly when you find one you like. Additionally, prompt action can make a significant difference in securing the property in a competitive market.
• Do a research: Understand the market, interest rates, and how much you can afford. Additionally, find out if there are any hidden costs.

 

For Sellers

• Now's a good time to sell: With prices rising, you could get a good deal. Moreover, consider timing your sale for maximum profit.
• There's still competition: Even though it's a seller's market, make your home stand out to attract buyers.
• Know the rules: Keep an eye on government policies that might affect things like taxes or mortgages.

 

For Owners

• Stay informed: Market trends and government policies can impact your property value. Be aware of what's happening.
• Think long-term: Are you staying put or planning to sell eventually? Knowing your goals helps you make informed decisions.
• Maintain your home: Regular improvements keep your property's value high and thus make it more appealing if you ever decide to sell.

Tips for Buying a Home in Vancouver 2024

The value

• Get pre-approved:  Before you start your home-buying journey, get pre-approved for a mortgage. Here, it shows sellers you're serious and helps you know how much you can spend. Moreover, it can be a document showing that you are capable of making a payment.
• Budget beyond the purchase: Houses don't come with built-in magic cleaning fairies. Additionally, consider closing costs, repairs, and moving expenses in your budget to avoid surprises.

 

Neighborhood Know-How

• Do your homework: Not all neighborhoods are the same. Furthermore, research areas that meet your needs, considering schools, parks, playgrounds, and commute times (that saves you a lot in the future).
• Talk to the locals: Chat with residents to learn about the vibe, hidden gems, and any potential drawbacks of the neighborhood.

 

Inspection Station

• Don't skip the inspection: A thorough inspection reveals hidden problems and saves you future headaches.

 

Realtor Roundup

• Find your champion: A good real estate agent is like your knight in shining armor. Furthermore, they fight for your best interests, handle paperwork, and give valuable advice.
• Bonus Tip: Don't rush! Take your time, compare options, and trust your gut. Additionally, finding the perfect home is a marathon, not a sprint.

Top Real Estate Companies in Vancouver BC

This list doesn't cover everything. It's important to check and compare different companies based on what you need and like. Additionally, ask questions, read what clients say, and pick a realtor you trust and feel good working with.

Oakwyn Realty

• Known for their focus on technology, data-driven insights, and strong community connections,
• They offer various services, including buyer and seller representation, marketing, and property management.
• Furthermore, it has a team of experienced and knowledgeable agents who specialize in various property types, including condos, single-family homes, and luxury properties.

 

MacDougall Group

• Two experienced agents, Malcolm and Christina MacDougall, offer personalized service and expertise in various property types.
• Known for their strong negotiating skills and ability to get their clients the best possible deal.
• Have a proven track record of success in selling properties in Vancouver, BC, and the surrounding areas.

 

RE/MAX Crest Realty

• Large network of agents with diverse specialties, including residential, commercial, and luxury real estate.
• Additionally, it maintains a strong brand presence and a reputation for excellent customer service.
• Furthermore, it offers a wide range of services, including buyer and seller representation, marketing, and property management.

 

Engel & Völkers Vancouver

• High-end luxury real estate specialists with international connections.
• Team of seasoned professionals with in-depth knowledge of local and international markets.
• Committed to excellence, professionalism, and integrity in every transaction.

 

Personal Real Estate Corporation

• Known for their personalized approach and focus on prime Vancouver locations.
• A trusted partner for clients seeking exceptional service and results in Vancouver's dynamic real estate landscape.
• Offers a comprehensive range of services, encompassing buyer and seller representation such as strategic marketing and, lastly, proficient property management.

 

Sotheby's International Realty Canada

• A globally-renowned brand with a focus on luxury properties.
• Access to a vast network of international buyers and sellers.
• Expertise in high-end marketing and property staging.

 

Macdonald Realty

• Established company with a strong presence in Vancouver and surrounding areas.
• Offers personalized guidance and support to clients throughout the buying, selling, or leasing process.
• A dedicated team of agents specializing in various property types and neighborhoods.

 

Sutton Group West Coast Realty

• Family-owned and operated company with a focus on personalized service.
• Expertise in various property types, including single-family homes, condos, and investment properties.
• Strong community involvement and commitment to client satisfaction.

 

Liv Real Estate

• A boutique firm specializing in Vancouver's West Side neighborhoods.
• Known for their innovative marketing strategies and data-driven approach.
• Provides buyers and sellers with both an exceptional online experience and incredible in-person service.

 

Point Real Estate Group

• Modern and technology-driven company with a focus on transparency and efficiency.
• Offer a unique flat-fee structure for sellers and comprehensive buyer representation services.
• Expertise in urban living and emerging Vancouver neighborhoods.

 

Check out Djobzy, your local Real Estate Hub

In addition to the top real estate companies in Vancouver, there's a new player in town that can enhance your home-buying or selling experience.  

Djobzy- Whether you're a buyer, seller, or someone looking for short-term gigs in your neighborhood, Djobzy has you covered.

 

For Buyers and Sellers

• Utilize your Djobzy profile: If you're a realtor, consider showcasing your properties on Djobzy to reach a broader audience. Moreover, buyers can explore listings conveniently on the platform.
• Post and find real estate jobs: If you're on the lookout for a realtor, consider posting a job on Djobzy. Additionally, realtors can find potential clients looking for their services on the platform.

 

For Locals

• Discover local short-term jobs: Djobzy connects you with short-term job opportunities in your neighborhood. Additionally, It is a simple way to make money while contributing to your community.

 

Conclusion

We hope this guide has provided the information you need to find a comfortable home in Vancouver BC. May your journey to your dream house be smooth. Moreover, don't be afraid to ask questions. Additionally, the more you ask, the more you know to make a decision. 

 

Good luck finding your perfect house.