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The Velve Group

A Solid Reputation for Results

604-880-6117
Bryan Velve Personal Real Estate Corporation
RE/MAX Select Properties
Each office independently owned and operated

Bryan Velve's articles

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Real estate investment basics

January 17, 2018 by Bryan Velve

real estate investment

Imagine being a land baron; building an empire of rental properties and receiving a steady stream of passive rental income. Wouldn’t that be nice? Wait! Before you wave goodbye to your boss and dive head first into the world of real estate investments, here are some basic terms to become familiar with. Capitalization (“Cap”) rate […]

Filed Under: Buying Tagged With: balance sheet, cap rate, chattels, financial statements, fixtures, income & expenses, income producing property, investment property vancouver, landlord, real estate terminology, rent roll

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Neighbourhood spotlight: The BAKESHOP

December 8, 2017 by Bryan Velve

The BAKESHOP

This week I want to highlight a great spot in Arbutus that I have found to be little known and very good. The BAKESHOP 4021 Macdonald Street Vancouver, BC, V6L 2N8 Web www.vancouverbakeshop.com Instagram @the_bakeshop Facebook @thebakeshopvancouver Twitter @VanBakeshop The bread is outstanding! I highly recommend the sunflower-flax or the cranberry-walnut. The sandwiches are to die for […]

Filed Under: Community Tagged With: arbutus, bakery, coffee, local business, lunch spot, pastries, sandwiches

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3 things to consider before downsizing your home

November 30, 2017 by Bryan Velve

downsizing your home

Are you dreaming of selling up your family home and moving to a smaller place with easy maintenance? Perhaps a move to the suburbs, a rural area or even inter-province? Here are three things to think about as you ponder the next chapter in your life. Timing is everything Watch the gap in value between what […]

Filed Under: Buying, Selling Tagged With: declutter, downsizing, financing, market conditions, mortgage, moving house, professional realtor, realtor tips

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Housing affordability: From Boomers to Millennials

November 20, 2017 by Bryan Velve

I had a conversation with my mother about how my kids and the younger generation will afford homes in Vancouver one day, and how it almost seems impossible without help to do so. The response was quite surprising. Perseverance, hard work and sacrifice Instead of agreeing with me she told me of how people faired […]

Filed Under: Buying, Market trends Tagged With: baby boomers, housing affordability, millennials, vancouver real estate

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Impact of the Foreign Buyer Tax

October 16, 2017 by Bryan Velve

The full weight of the Foreign Buyer Tax is appearing now in our marketplace. But it is not the people who were intended to pay the tax who are actually paying it. That’s right, it is the sellers of land value older homes (mostly retirees) and builders with expensive new homes that are absorbing the new […]

Filed Under: Market trends Tagged With: foreign buyers tax, property transfer tax, ptt

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Ethics; In life and in real estate.

October 11, 2017 by Bryan Velve

ETHICS next exit sign

Doing the right thing. Sounds easy, but how many of us do it when presented a moral dilemma? A free lunch? Today I was buying lunch and saw the person in front of me give a ten dollar bill for their food and the cashier give them $10 and change back. The person looked kind […]

Filed Under: Community Tagged With: beyondtheballoon, ethics, integrity, moral dilemma, personal standards, professional realtor, professional standards, remax

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Vancouver’s changing demographics – looking into the future

September 21, 2017 by Bryan Velve

Vancouver, BC, Canada

Where do we go from here? The future of real estate is always on the chat list at just about every social event that I attend. Wealth transfer from boomers There is no way to predict, but I saw a recent study that shows just how much money could loosen up as baby boomers begin […]

Filed Under: Market trends Tagged With: baby boomers, demographics, foreign buyer tax, government intervention, luxury homes, millennials, wealth transfer

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Goodbye summer. Hello fall!

September 18, 2017 by Bryan Velve

Maple tree in fall

The real estate market in Vancouver – With fall approaching and a very busy and sunny summer behind us, we’re expecting further active times ahead. Activity levels will likely peak in October and November with sales of townhomes and condos leading the way. In saying that, I do think that the detached home market will also […]

Filed Under: Market trends Tagged With: condominiums, detached properties, home buyer activity, market activity, market trends, residential real estate, sales-to-active listings ratio, single-family homes, supply and demand

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5 tips to make first impressions count and sell your home sooner

August 25, 2017 by Bryan Velve

Curb appeal

In most cases, you will have 20 minutes or less to impress buyers so start from the outside. Remember that you only get once chance at a first impression and it starts when the buyer walks up to your front door. Curb appeal Buyers usually make snap judgments as to whether or not your house […]

Filed Under: Selling Tagged With: curb appeal, home repairs, home staging, renovations, return on investment

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Tips for choosing a REALTOR®, and a warning…

August 17, 2017 by Bryan Velve

Red flag on a rocky beach

With more than 13,500 REALTORS® in Greater Vancouver, finding the best real estate agent for you can be a tricky task. During my 30 years in the real estate industry, I have observed that most people will do their due diligence when searching for an agent but there is one point in the decision making […]

Filed Under: Selling Tagged With: cma, comparative market analysis, home pricing strategies, professional realtor, property value, vancouver real estate

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