11 Vancouver House Hunting Red Flags To Avoid

11 Vancouver House Hunting Red Flags to Avoid – If you are even THINKING of buying a home in Vancouver this video was made for you! Before you sign on the dotted line, you’ll want to make sure that you aren’t falling for any of these house hunting red flags.

I’ve sold hundreds of homes over nearly two decades as a real estate agent in Vancouver and I’ve literally seen it all…watch this video as I uncover the top red flags that you’ll want to avoid when buying a home in Vancouver.

That’s right, you can benefit from my experience of helping hundreds of people buy and sell homes in Vancouver. These are hard-earned lessons that I’ve picked up…and if you are moving to Vancouver or already living in Vancouver and looking to buy a home in Vancouver then watching this video could save you a lot of frustration, time and money.

Watching this video filled with expert tips, market insights and real-life examples will empower you to navigate Vancouver’s housing market with confidence!

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Sebastian Albrecht - Realtor
Royal LePage Westside

Call/Text Direct - 604-831-4837

A.E. LePage Realtor of the Year - CANADA - 2019
Top 3% in Canada Royal LePage 2021 - 8th year
Top 10% REBGV 2021 - 9th year
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[LivingInVancouver-BC]

Did I miss any red flags?

Call/Text Direct - 604-831-4837

[OrdinaryFilmmaker]

When we bought our home 8 years ago in the GTA, it was a sellers market, every house had a bidding war. To avoid this, we looked at homes long on the market, too high a price and those eager to sell. The outliers can provide opportunities. We ended up getting the house without. bidding war before it went on the market. The couple was splitting and didn't want to drag things out, but we did have to act fast. I'm always looking for opportunity, thanks for your viewpoint on red flags. I learned a few things :)

[TheSchmeblet]

Could you please do a video on leasehold properties? Would appreciate your in-depth analysis on the subject!

[OrdinaryFilmmaker]

Very insightful. I understand earth quake insurance isn't standard and can be expensive, but something I'm considering to get when I move. When it comes to a strata, is it the responsibility of the strata or the homeowner to get the insurance? I understand most buildings are designed to survive an earth quake, but not without becoming a potential costly to repair and would hate to go through a quake but face a massive bill ;)

I like what you did with the audio and video. Lighting looks better with the green and blur highlights. Nicely framed too. Makes me want to upgrade my set. Though on a big screen those fast zoom ins and outs can be distracting ;)

[leibmoshe]

Red flag…lots of condos all up for sale at the same time in the same building

[ivorytelecaster]

Would you say it’s a red flag if I ask my realtor to relist because our DOM is getting too high and they say it doesn’t make a difference because a buyers realtor would tell them if it had been taken down and relisted?

[hammertimee]

There's one house in Capitol Hill I am very interested in getting for my parents. It is 206 N Ellesmere Ave. This house has been on the market for around 3 years. It was originally listed for $4 million. But it fluctuates between $3 million to $4 million many times. It was on and off the MLS pages occasionally. It never got sold. My wife has dealt with the listing agent several times. They listed the price extremely low, but when my wife gave them slightly above their asking offer for their other properties, the agent said it was too low and recommended other listings for that price range. I am very curious what is going on with 206 N Ellesmere. The fact that it didn't sell for nearly 3 years and that the price is fluctuating by 30% is a red flag to me. That house would be gone already if the seller intends to sell at their asking price of $3 million.

[johnnyboyvan]

The westside is full of simply teardowns. Dumps and shacks on expensive dirt. Welcome to Vancouver.

[huskavarnapunkband]

What about all the break in enters. Every house gets broken into every 6 months or so.. in vancouver.

[acadian]

I would add to your red flags - photo's - no exterior photo's and only virtually staged interiors. Signs of a run down building and suite.