SELLERS

Thinking About Selling?

I understand that for many people, their Whistler home represents a big part of their life, and deciding to sell can be an emotional step that involves a number of considerations.

When you are ready to sell, I would like to extend my services as a real estate professional to simplify the marketing of your home and guide you through the details of the offer process. Whether you are selling for your first time or experienced in real estate transactions, my commitment to you is to provide a customized marketing plan that highlights the features of your home and strategically showcases it to potential Buyers.

We will discuss comparable listed properties, recent sales and current market trends. We will take into consideration your time line and motivation for moving to determine the proper value of your home. When an offer comes in, I am there to negotiate the best price, time frame and contingencies that work for you through to making sure everything is signed, sealed and delivered by the completion date.

Providing you with comprehensive, high quality service that puts you home in front of the right Buyers is my top priority. For the successful sale of your home please contact me.

Non Resident Sellers

If you are a non resident of Canada who is considering listing your Whistler property for sale, there are legal and accounting issues that arise that should be discussed with your Lawyer and Accountant.

The Income Tax Act of Canada stipulates that non resident sellers must report their property sale to the Canadian Revenue Agency within 10 days of the completion of the transaction. Any person purchasing Canadian real estate from a non resident has an obligation to withhold and remit to the Canadian Revenue Agency (CRA) a minimum of 25% of the gross sale proceeds with respect to the purchase. A purchaser who fails to withhold the applicable tax amount can be liable for it.

The withholding tax requirements can be reduced or eliminated if the seller obtains a “Certificate of Compliance” or Clearance Certificate from CRA on a timely basis. The certificate certifies that a certain amount of money payable for the taxes. The amount owing is deducted from the sale proceeds and sent to CRA by the vendor. As the certificate is required on the closing date, it should be applied for in advance of the closing once all subjects have been removed. The typical wait time for a clearance certificate is usually around 6 – 8 weeks but can take up to 16 weeks.

More information can be found at the Canada Revenue Agency website;
Disposing of or acquiring certain Canadian property

***Please note: The above information is for reference purposes only and does not constitute professional advice. For more information please consult legal and accounting professionals as appropriate. For a list of Lawyers and accountants who can assist on the topic of Non residents selling Whistler real estate, please visit my Resources page.

What is Listing Reciprocity?

Engel & Völkers is a full Multiple Listing Service (MLS) and Whistler Listing Service reciprocity member. This means we allow your listing to be shared on other Reciprocity Broker and agent websites. We feel it’s better to have your property available to Buyers on a number of sites and not just one or two. This includes exposure to potential Buyers both locally and internationally. With the majority of new Buyers starting their search online, reciprocity is a strong tool in maximizing your property’s exposure to the maximum number of potential Buyer eyes.

When you are deciding which agent you should list your home with, an important question to ask the agent is: “Does your company practice reciprocity? Will you be allowed to showcase my house on other Realtor websites?”. We have a number of great agents in Whistler and their websites rank very high on Google, Yahoo, Bing and the other search engines. Wouldn’t it be smart to have your property up there too?

I practice reciprocity with all my listings – my thinking is that the more exposure I can generate for my client’s listings, the better chance of finding a Buyer; so I allow any other agent in Whistler and beyond to advertise my listings on their websites and in return I will do the same with their listings.

To discuss how Reciprocity works and why it sells properties faster, please contact me.

Contact Me