No More SOLD Homes In Surrey BC
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- čas přidán 2. 08. 2024
- Some big changes are coming to the MLS system when it comes to the listing status for properties in the Fraser Valley.
In today’s video, Surrey Real Estate Specialist, Steve Karrasch of Macdonald Realty discusses the changes being rolled out in the near future on the MLS system for Vancouver, Fraser Valley and Chilliwack listings, specifically, the introduction of three new listing statuses: “Active Under Contract”, “Pending” and “Closed”.
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The opinions expressed herein are solely that of Steve Karrasch PREC and not Macdonald Realty or the FVREB and should not be misconstrued as advice or the basis of an agency relationship whatsoever. Please consult your professional advisor prior to taking action on any decisions relating to the matters discussed in these videos. This communication is not intended to cause or induce breach of an existing agency agreement.
Do you think agents will embrace "Active Under Contract"?
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House Sigma has the following categories: active, sold conditional, and sold, available in BC, Ab and Ont. It also shows the sale price and all the times it’s been listed or price/status changes. MLS is antiquated and doesn’t help consumers by hiding critical information. It’s about time they get with the times, I’ve wasted time looking at places, or at least showing up to places with my agent only to find out an offer has been accepted days or weeks earlier.
What's your viewing to completion ratio? I'm betting way less than 1%. Ever thought you may be wasting the sellers precious time?
There is no current "sold conditional" here on any platform. Maybe other boards outside of the lower mainland.
@@DummMoney-rr1fi I’m not a realtor, I just ran into that issue enough times when buying houses over the years that I have my agent check before we even go to view and still it happens. Now I use House Sigma app and it gives more buy, sell and listing to market value info than the mls does and now I don’t need to waste my, or my realtor’s time looking at properties than are already sold.
My like on this video is "pending"
My unsubscribe is also pending. But may collapse due to decent content
JUSTIN T is worse PM of canada
I want “pending” as I watch a property just to find out it sold 2 months ago. Don’t care if price is disclosed though.
BC vote out NDP
Make Canada Great Again!
When u mentioned the housing minister was listening to your show while walking his dog, I cannot help to post a comment here! May I kindly ask if u can please ask the housing minister to change the regulation to change the pet restriction so more property owners and rental tenants will not have to give up their beloved pets? Most condos, apartments and townhomes do not allow people to have more than 1 or 2 pets. I have known many doggos that do not even bark and it is so unfair to animals. Animals have rights and they are family members to so many so many of us! Many thanks! 🙏🙏🙏🙏🙏🙏🙏
Couldn't disagree more.
If, as you say 20% of conditional sales fall through, that is far too high. If the buyer is properly qualified and the property's deficiencies have been disclosed there should be a 90%+ rate of closing. Someone isn't doing their job.
Lots of folks aren't doing their job.
Good for cash buyer investors after the third failed deal
What about presale? When deals become firm but completion is I. Future
Pre-sales rarely hit the MLS.
Please do video on PreSale market
I'll save you the time. Don't Buy PreSale. Video over.
Problem with sales is the price of homes are in a MASSIVE bubble..
I've heard this my whole career.
One step further towards transparency is that all offers on a property should be disclosed to the buyers that are bidding; especially on those emailed offer nights! And there should be a time limit on that day to make an offer; like 9pm so people can get some sleep! Just my thoughts.
Can I know what's in your bank account by 9am?
I'm asleep at 8.
@@SteveKarrasch everyone should be on a level playing field so that a true, "mark to market", price is established for both the buyer and seller. Letting everyone know the balance in your bank account is optional; thanks for your realtor humor 😜!
Letting everyone know what I sell my house for should also be optional.
I totally agree, if you are selling privately or with an exclusive listing. When you are on the public MLS system that is a different story. All sold prices are available within the last 3 years in any case through BC Assessment.
Daddy is an influencer
Kardashian Real Properties
nothing will change.
Other than the changes?
@@SteveKarrasch look man, if the changes are optional then realtors will opt-in only when it suits and benefits them. It doesn't give any leverage or power to the buyer it's just another tool to stoke FOMO and bid up prices further. Nothing changes as the status quo remains.
Do you think this is a way to give realtors a 2 month window where they know the price when "pending" but the public sites we go to see the sold price will not show until "closed" probably why they are doing this
Oh look.a balloon 🎈 ...lol
A lot of surrey agents don't update their sales in time as requested. Really deceiving and annoying practice.
This can also be a function of the board. We don't post sales as agents, the Boards do.
Seller will not like it.
you know when realtors are desperate, when all of them are making youtube videos lol