Why use a Realtor: How a Realtor Can Maximize Your Home's Value in Vancouver, Burnaby, and New Westminster

If you have made the decision to sell your home, you likely have a few questions about what this process looks like, as it’s quite different from the buying process. Using a knowledgeable realtor is your key to unlocking greater value from your property, selling your home faster, and ensuring you’re protected.

Why use a Realtor:

1.        Expertise in Local Markets

Navigating the real estate landscapes of Vancouver, Burnaby, and New Westminster requires local expertise. Realtors specializing in these areas have a pulse on what drives value in each market, ensuring your home is priced perfectly to attract the right buyers.

2.        Tailored Marketing Strategies

Visibility in the competitive markets of Vancouver, Burnaby, and New Westminster demands a tailored approach. Your realtor employs a blend of targeted digital marketing and traditional methods to highlight your home's unique features to a curated audience of potential buyers. Realtors stay up to date with the latest trends in selling, and they know what works for certain areas. Make sure you evaluate a Realtor’s past sales when selecting who you want to work with.

3.        Extensive Professional Networks

The value of a well-connected realtor in these dynamic markets cannot be overstated. With networks spanning across Vancouver, Burnaby, and New Westminster, your realtor can tap into a broad pool of interested buyers and industry professionals, facilitating a quicker sale.

What are Realtor fees?

Realtor fees occur when you are selling your home or buying a new one. However, the buyer does not pay realtor fees; only the seller does. The rates are often different for the first $100,000 of the purchase price.

For example, if a home is sold at $500,000, there may be a 7% commission on the first $100,000, and then 2.5% on the remaining $400,000. 

These rates can vary by region. Meaning the Lower Mainland will be different than Victoria. Remax Canada states that typically real estate agent commissions are between 3-7% of the final purchase price. It is a typical practice for sellers to ask their real estate agent what their commission is.

Who has the cheapest Realtor fees?

Realtor fees or Realtor commissions are set by the Realtor and typically negotiated when a Realtor and seller are first listing the home. Many factors influence these rates, such as property type, local market, and services offered so its hard to determine who is the cheapest.

In the vibrant real estate markets of Vancouver, Burnaby, and New Westminster, the right realtor is more than just an agent—they're your strategic partner in securing the best outcome for your home sale. Learn more about selecting your ideal realtor in Burnaby in my blog.

I’d love to connect to offer you more support and insight to help you sell your home! 

Robert Almeida

604.862.8000