Al Sorensen - Realtor 1001 - 1952 Comox St. Vancouver
Do I need my own REALTOR®?

YES!!! and here's why. As a buyer you don't pay commissions, the developer pays the realtors. It's part of the contract with the sales team selling the project. So i am free to you.

Why don't I just use the people in the sales centre?

The people working in the sales centre work for the developer, not you. Unless you know contract law, you need to be represented by someone who can explain all aspects of the contract, to protect your interests. Being comfortable with your decision to purchase is very important to me.

Why use Al?

I am a CERTIFIED NEGOTIATION EXPERT, and I have spent many hours at REALTOR® openings for the various presales, and made notes of the positives and negatives for each site. This makes it less time consuming for you. Why go look at something that doesn't meet your particular needs. In the beginning there are no homes listed on the MLS, and until the builders disclosure is filed, no pricing is available. As a  top REALTOR® with VIP access, i can take you into such developments, allowing you to put your name on a home, subject to you approving the pricing and details when available. There is no commitment on your part, but you have first right of refusal. Thats why many developments have a grand opening with very few homes available. Wouldn't it be great to have that opportunity?

What are the advantages of buying a presale?

We've all the heard the stories of multiple offers, and properties selling way over asking price. That doesn't happen in the presale market. The developers price is the price you pay. Once the contract is written and agreed upon you have 7 days to rescind your offer, allowing time to read the disclosure statement and decide if this is the right home for you. If you are purchasing a presale up to $750,000 you don't need to pay Property Purchase Tax, saving almost $13,000 over purchasing a resale property. When it comes to your deposit, the developer has a schedule as to when that is due. Usually you pay some with your offer, then again after the 7 day rescission period. The balance of your deposit being sometime down the road. It's very typical to see prices increase as the project moves along, so getting in early is paramount to getting the best price. Confusing? No problem i will walk through every step of the process.

Whats an assignment?

An assignment is when someone that purchased a presale decides to sell it before the building is completed. You are basically purchasing their contract with the developer. These can represent excellent value, and allow you to buy brand new without the complete wait for it to be built.

Currently there are quite a few assignments available in all areas.


Get In Touch

Al Sorensen

Macdonald Realty Ltd.

1050 Howe Street  Vancouver,  BC  V6Z 1P5 

Mobile: 604 240-3698

Phone: 604 689-5115