West Vancouver is one of the best and hottest places to make real investments in. The last 10 years have seen a lot of people keen to invest in the area, and the population includes a lot of foreign buyers eager to settle here and enjoy the beautiful sceneries, pleasant weather, booming business environment and socio-political stability. A professional real estate agent is key to finding good properties in the place, and if you want to know how exactly a typical West Vancouver Realtor matches up to his/her counterparts from other areas, read on to know.
Better knowledge of the market
In the last decade, the real estate market in Vancouver has witnessed a lot of upheavals. In the aftermath of recession, property prices saw a nosedive only to witness decent recovery in the following years. Most realtors with an experience of at least 10 – 15 years have survived this phase and have a sound knowledge of the types of properties most in demand and having the best resale value. They can guide you better about property investments.
The real estate boom, bust and boom in the Vancouver area has also seen many people turning into realtors and trying to benefit from the booming real estate scenario in the place. Events like the Winter Olympics and Winter Paralympics in 2010 and the 2015 FIFA Women’s World Cup have brought the place to notice in the international domain. More foreign buyers are eager to invest in properties and settle in the area. Naturally, many tech-savvy individuals are entering the realty business and helping out clients online with a plethora of tools.
Higher commissions and fees
The Vancouver area is one of the most expensive places to live in, and this is partly due to the stability, security and excellent amenities that the city has on offer. A study by Mercer and other organizations have shown it to be one of the most livable cities on Earth. Naturally, property prices are higher in the city despite the global economic downturn. You can expect to be charged higher fees by your West Vancouver realtor.
Better knowledge of the neighborhoods
A city of neighborhoods, Vancouver is famous for its ethnic mix and has a distinct character. People from various parts of the world can be found living here in different neighborhoods, and realtors generally have a proper knowledge of the vicinities and the types of properties popular with various ethnic groups.