Real Estate Questions Of The Week 002

Real Estate Questions Of The Week 002

The Schreder Brothers Answer Your Real Estate Questions

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This Weeks Questions

Question 001

From: Brad in Surrey BC

Q: What are the most sought after features of a home that buyers look for?

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A: An up to date kitchen that is great for entertaining is one of the most sought after features home buyers are looking for.

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[bctt tweet=”#AskSchreders | Q: What are the most sought after features of a home that buyers look for?” username=”@jwsrealestate”]

Question 002

From: Susan L. in Langley BC

Q: Will the foreign buyers tax continue to cool the market running into 2017?

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A: There are many varying opinions out there of what the market will do in 2017. We believe that the spring market will pick up as per usual.

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[bctt tweet=”#AskSchreders | Q: Will the foreign buyers tax continue to cool the market running into 2017?” username=”@jwsrealestate”]


Question 003

From: Tahir G. in Surrey BC

Q: Is there hst on real estate in bc?

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A: Now that HST has been eliminated in BC, we are back to the old GST.  Used residential housing is not subject to GST, however, GST is payable on the purchase price of newly constructed or substantially renovated residential homes.  Tax on Real Estate is a very complicated topic and could be subject to various rebates.  

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[bctt tweet=”#AskSchreders | Q: Is there hst on real estate in bc?” username=”@jwsrealestate”]

Question 004

From: Nandi P. in Surrey BC

Q: What is an assignment in real estate?

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A: An assignment is a sales transaction where the original buyer of a property (the “assignor”) allows another buyer (the “assignee”) to take over the buyer’s rights and obligations of the Agreement of Purchase and Sale, before the original buyer closes on the property (that is, where they take possession of the property).

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[bctt tweet=”#AskSchreders | Q: What is an assignment in real estate? ” username=”@jwsrealestate”]

Question 005

From: Tom in Langley BC

Q: Who pays the Realtor’s commission?

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A: The Seller of a property pays the Realtor’s commission in a typical Real Estate transaction.

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[bctt tweet=”#AskSchreders | Q: Who pays the Realtor’s commission?” username=”@jwsrealestate”]
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Cory Schreder

Cory Schreder 


Cory is a licensed Realtor and Property Manager. He has worked diligently over the years to exceed his clients expectations and deliver the highest quality service possible.

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