Quote:
Originally Posted by jing
Any recommendations for a Vancouver/Burnaby based condo realtor? The guy I'm currently working with is overly pushy and isn't all too genuine.
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I unfortunately don't have someone to recommend, but in my limited experience, when it comes to buying a property, most of the work should be done by you, the buyer. A realtor's role is really limited to providing you with comparable sales and being able to move quickly if there's a deal to be had. They can't offer much in the way of an opinion on whether a property is good or bad (beyond the superficial) because they could be held liable. The value of a realtor is based on the data they have access to.
If you're in the market for a condo, you need to go over as many Form B's as possible to understand how buildings are run and where the red flags are. Look for depreciation/engineering reports and read the minutes and bylaws carefully. A realtor may help scan things for you, but in the end, you're the one buying the property and you're the one who will be living in a complex with all of good and bad things. You should understand the area you're also buying into too - read the community plans and scan the local news for any potential redevelopments.
Even in this market, you still have time to go over the Form B. If offers are being accepted one or two days after an open house, then get your realtor to put a subject in your offer with respect to a review of the Form B if it's not available before the offer deadline.