At Nest Presales, we are independant REALTORS® that specialize in Vancouver Condo Presales. We represent BUYERS in their purchase of a brand new home. One of the biggest questions we are asked is Do I need a REALTOR® to buy a condo presale in Vancouver?
We certainly think that you do! And more importantly we think you should use an Expert in Vancouver Condo Presales, Like us! Here’s why:
10 Reasons To Use A Realtor To Buy A Vancouver Condo Presale
(and why you should choose a Nest Presales Realtor)
1.) It Is Higher Risk To Buy A Condo Presale Without A Buyer’s Agent:
It’s important to understand that if you buy a condo presale directly from the Developer, their sales staff represent the Developer, NOT YOU, and their sole interest is in selling as many units as possible. In fact if you do not have your own agent for your Vancouver Condo Presale purchase, you will have to sign a form called the Disclosure-of-Risks-to-Unrepresented-Parties. Also, when you buy a new condo without an Agent, there is no errors and omissions insurance applicable to the transaction.
If you choose a Nest Presales REALTOR as your designated agent, we owe YOU a fiduciary duty (duty of care) and represent your best interests in the purchase of your new home in Vancouver.
2.) VIP Sales Events:
Vancouver Condo Presales can sell out fast! Did you know that up to 50% of homes in a new development in Vancouver can be sold out before the public grand opening! In many cases VIP Previews or special sales events are held well in advance of sales starting. These exclusive events are by invitation only, often with priority previews by appointment. We work very hard to develop relationships with the best Developers so that we can get our Clients priority access to the hottest new developments. At many projects we can get you VIP Access ahead of the general public thus enabling you to get the best selection and prices on your condo presale purchase. Many VIP sales events also have exclusive discounts or exclusive incentives for the VIP buyers…. This Saves You Money!
3.) Nest Presales Realtors Are Completely Independent:
We do not represent ANY Developer, WE ONLY WORK FOR YOU. There are a lot of new developments and Vancouver condo presales to choose from and we will help you review the pros and cons of ALL the pre construction projects and floorplans that are available in your budget. Our primary goal is to find the absolute best home for YOU. We get to know you, so we understand what is important to you. We can help you with the purchase of ANY home. If you are also considering existing homes on the market, we can also set up an MLS search and show you re-sale properties as well.
4.) We Know The Developers:
Not all developers are equal and frankly some are much better than others. We know the Developers and have an intimate knowledge of the Greater Vancouver condo presales market. In fact, We Are Condo Presale Experts! We know which Developers have the best reputation, which ones do the best concrete work and which ones have the best after sales service.
5.) We Know The Neighbourhoods:
Rapid change is the norm in Vancouver and it’s suburbs! Neighbourhoods can transform quickly, especially those with huge new construction projects along major Skytrain routes in Vancouver, Burnaby, Coquitlam, Port Moody and Surrey. It’s important to know what is happening now but also what will happen in the future as new developments get built. We make it our business to stay informed about changes to the community plans and proposed new developments in the areas we service. We can tell you if a new tower is likely going to block your view or if construction noise is going to bother you for years to come. We can tell you which areas in the Vancouver region have the best appreciation potential and which ones have the higher risk.
6.) We Ask The Right Questions:
We are not afraid to ask the developers the tough questions to ensure you get what you want and that you understand what you are buying.
7.) We Do the Due Diligence:
In BC, there is legislation that applies to purchases of Vancouver condo presales that gives you a 7 day cooling off period called the rescission period. You have just 7 days in which to cancel your contract and get your deposit back; after 7 days the contract is firm and legally binding. It is very important to use this time wisely and get all your questions answered before your contract is locked in. We do a full due diligence process on every condo presale purchase so that you can be confident you are making the right choice.
8.) Stats and Comps:
We can help you understand the real estate market better so you can make the right choices. We provide you with in-depth analysis of the Vancouver real estate market so you understand what is going on in the neighbourhoods you are considering. We also do a comparative analysis of any home you are considering purchasing so you can see the recent sales in the neighbourhood before you buy.
9.) Coordinate The Sale From Beginning To End:
Finding the right home is just the first step; and there is a lot of work involved to ensure the sale is completed. We coordinate the sale every step of they way. We work with everyone involved in the transaction (Developer, Lender, Lawyer etc…) to ensure that everything stays on track. We help you understand the disclosure statement and the amendments. We will even be there with you at the deficiency walk through and later when you finally get your keys to your new home. If you need referrals to any service provider we can help with that too, for instance if you decide to rent out your unit we can put you in touch with some great property managers.
10.) E and O Insurance:
Both Lynn Le Drew, PREC* and Colin Gatward, PREC* at Nest Presales have errors and omissions insurance, and we also take the REALTOR Code of Ethics seriously. This give you assurance of our professional standards.
At Nest Presales We Are New Construction Experts!
As you can see buying a preconstruction home can be more complicated than you may have thought and it’s critically important to get expert advice when buying Vancouver condo presales. At Nest Presales We Are New Construction Experts! The really amazing thing is that our services are free to you!** All reputable Developers will pay our brokerage fee.
Contact us for a no obligation consultation
Click Here to See A List of New Homes for Sale in Vancouver
Call 604.346.6801 for Lynn Le Drew, PREC*, OAKWYN REALTY LTD
Call 778.228.3622 for Colin Gatward, PREC*, REMAX CREST REALTY
Email: Homes@NestPresales.com
Colin and Lynn are independent, licensed real estate agents and are the founders of Nest Presales. We serve the entire Lower Mainland as well as Victoria, BC.
*Personal Real Estate Corporation
** Buyer’s agency representation for condo presales: commission is covered by the Seller/Developer and does not affect the price you pay for your unit.
Buyer’s agency representation for resales: Commission is almost always covered by the Seller but there may be exceptions.
