Selling Vancouver Real Estate Podcast

Being a landlord in Vancouver has never been more challenging. With rising operating costs, tightening regulations, and softening rental returns, many investors are questioning whether holding residential property still makes financial sense in today's market. What was once considered a safe, long-term wealth strategy now comes with more uncertainty, more risks, and fewer rewards. James and Denny break down the current landlord dilemma from the front lines of Vancouver real estate. They also explore what the future could look like—and whether being a landlord in Vancouver can still be worth it. This episode will focus on being a landlord in today's current real estate market, being impossible to be cash flow positive, developers struggling and less homes being built, when tenanted properties sell, very few people take over the tenancies, investors not buying, wrongful evictions and future predictions. Podcast Videos can be found on the Garbutt + Dumas Real Estate Team YouTube channel. Email us at garbuttdumaspodcast@gmail.com James Garbutt james@gdrealestate.ca Instagram: /jamesgarbutt Facebook: /jamesgarbutt Denny Dumas denny@gdrealestate.ca Instagram: /denny.dumas Facebook: /denny.dumas.5 Garbutt + Dumas Real Estate Instagram: /gdrealestateteam Facebook: /gdrealestateteam Website: garbuttdumas.ca

In this episode, we dive into a major strata decision, a proposed $9 million building-envelope upgrade that would cost many homeowners over $200k each. Supporters say it's essential long-term maintenance; others argue it's unnecessary, fear-driven, and financially overwhelming for many residents. Drawing from recent strata minutes, engineering reports, and council discussions, we look at how this decision unfolded, why some owners feel pressured to vote yes, and whether the scope of work matches what's really needed. This episode will focus on how to spot bias or persuasion in strata communication, what engineering reports actually say versus how they're interpreted, the financial and emotional impact of large-scale special assessments, and why these situations are becoming more common across B.C. condos. Whether you're a homeowner, strata council member, or future buyer, this episode offers insight into the complex balance between maintaining value and managing affordability in today's aging buildings. Podcast Videos can be found on the Garbutt + Dumas Real Estate Team YouTube channel. Email us at garbuttdumaspodcast@gmail.com James Garbutt james@gdrealestate.ca Instagram: /jamesgarbutt Facebook: /jamesgarbutt Denny Dumas denny@gdrealestate.ca Instagram: /denny.dumas Facebook: /denny.dumas.5 Garbutt + Dumas Real Estate Instagram: /gdrealestateteam Facebook: /gdrealestateteam Website: garbuttdumas.ca

The Bank of Canada's latest rate cut has buyers hopeful, but the Vancouver market tells a different story. Despite lower borrowing costs, inventory continues to climb, and many homes are still sitting as we move deeper into a true buyer's market. James and Denny share what they're seeing firsthand as realtors in today's shifting market — listings sitting longer, price reductions becoming common, and buyers taking their time. They discuss how this new phase is changing strategies for both buyers and sellers as confidence slowly rebuilds after the BoC's latest rate cut. This episode will focus on the most recent BoC rate cut, how lower rates are (and aren't) impacting buyer activity in Vancouver and surrounding areas, rising inventory levels, buyer and seller psychology, and market outlook for the next few months. Podcast Videos can be found on the Garbutt + Dumas Real Estate Team YouTube channel Email us at garbuttdumaspodcast@gmail.com James Garbutt james@gdrealestate.ca Instagram: /jamesgarbutt Facebook: /jamesgarbutt Denny Dumas denny@gdrealestate.ca Instagram: /denny.dumas Facebook: /denny.dumas.5 Garbutt + Dumas Real Estate Instagram: /gdrealestateteam Facebook: /gdrealestateteam Website: garbuttdumas.ca

Depreciation reports are one of the most important — and misunderstood — tools in strata real estate. These reports reveal the true condition of a building, outline upcoming repair costs, and can significantly influence a property's value and long-term investment potential. James and Denny break down how depreciation reports influence strata health, budgeting, and property values, helping buyers and owners understand the real story behind the numbers. This episode will focus on depreciation reports and why they're required in B.C., how often depreciation reports should be updated, the connection between depreciation reports and strata fees or special levies, common red flags to look for in aging buildings and a call back to episode 40 on depreciation reports. Podcast Videos can be found on the Garbutt + Dumas Real Estate Team YouTube channel Email us at garbuttdumaspodcast@gmail.com James Garbutt james@gdrealestate.ca Instagram: /jamesgarbutt Facebook: /jamesgarbutt Denny Dumas denny@gdrealestate.ca Instagram: /denny.dumas Facebook: /denny.dumas.5 Garbutt + Dumas Real Estate Instagram: /gdrealestateteam Facebook: /gdrealestateteam Website: garbuttdumas.ca

The Bank of Canada's 0.25% rate cut has done little to heat up Vancouver's sluggish real estate market, leaving buyers and sellers cautious in an increasingly volatile environment. Developers are feeling the squeeze as high costs, weak demand, and policy shifts make it harder than ever to bring projects to life. James and Denny talk about supporting clients as they adapt to the realities of a slower housing market, sharing insights on shifting buyer expectations, seller strategies, and how to stay prepared in today's uncertain landscape. This episode will focus on the BoC rate cut, the realities of a slower market, fixed rate changes as bonds go down, the uncertainty of everything, very low sales volumes, and selling stats covering Burnaby, Coquitlam, New West, East Van and North Van. Email us at garbuttdumaspodcast@gmail.com James Garbutt james@gdrealestate.ca Instagram: /jamesgarbutt Facebook: /jamesgarbutt Denny Dumas denny@gdrealestate.ca Instagram: /denny.dumas Facebook: /denny.dumas.5 Garbutt + Dumas Real Estate Instagram: /gdrealestateteam Facebook: /gdrealestateteam Website: garbuttdumas.ca

A swell of condo inventory is reshaping the resale landscape, giving buyers unprecedented choice and bargaining power. We'll unpack where the numbers sit now and spotlight the savvy moves that can turn this surplus into opportunity. James and Denny share how they're approaching the condo market's high-inventory landscape with both buyers and sellers, unpacking the tactics that help clients stand out and capitalize on surplus supply. This episode will focus on the current condo resale market in Vancouver, high levels of inventory, conversations with buyers and sellers, the New West condo market, sales ratios, and the difficulty in selling. Email us at garbuttdumaspodcast@gmail.com James Garbutt james@gdrealestate.ca Instagram: /jamesgarbutt Facebook: /jamesgarbutt Denny Dumas denny@gdrealestate.ca Instagram: /denny.dumas Facebook: /denny.dumas.5 Garbutt + Dumas Real Estate Instagram: /gdrealestateteam Facebook: /gdrealestateteam Website: garbuttdumas.ca

The shifting buyers' market is rewriting Vancouver real estate playbooks, demanding frank conversations that sometimes include tough truths on pricing and timelines. This episode unpacks how to deliver bad news gracefully while setting rock-solid expectations that keep both buyers and sellers confident and on track.  James and Denny share real-life conversations with clients and discuss how important it is to set expectations early on. This episode will focus on tough conversations with buyers and sellers, delivering bad news, setting expectations, buyers taking their time, people dealing with FOMO, dealing with low ball offers, bringing clarity to the situation and predictions for the future. Podcast Videos can be found on the Garbutt + Dumas Real Estate Team YouTube channel Email us at garbuttdumaspodcast@gmail.com James Garbutt james@gdrealestate.ca Instagram: /jamesgarbutt Facebook: /jamesgarbutt Denny Dumas denny@gdrealestate.ca Instagram: /denny.dumas Facebook: /denny.dumas.5 Garbutt + Dumas Real Estate Instagram: /gdrealestateteam Facebook: /gdrealestateteam Website: garbuttdumas.ca

Metro Vancouver is experiencing a deceptively quiet spring with inventory climbing even as the Bank of Canada holds rates steady. We unpack how that rising supply and the new GST changes could reshape strategies for buyers, sellers, and investors alike. James and Denny discuss how they're navigating today's buyer-seller dynamics and the real-world scenarios unfolding in the market. This episode will focus on the Bank of Canada rate hold decision, climbing inventories, low sales volume across all markets, first-time buyers' GST changes, economic woes, tough time to list, great time for buyers, and fall market predictions. Email us at garbuttdumaspodcast@gmail.com James Garbutt james@gdrealestate.ca Instagram: /jamesgarbutt Facebook: /jamesgarbutt Denny Dumas denny@gdrealestate.ca Instagram: /denny.dumas Facebook: /denny.dumas.5 Garbutt + Dumas Real Estate Instagram: /gdrealestateteam Facebook: /gdrealestateteam Website: garbuttdumas.ca

Vancouver's condo market is reeling as presale buyers face steep losses, with completed units reselling for less than their launch prices. Analysts warn that the wave of cancellations, investor fatigue, and rising carrying costs has turned once-sure-thing presales into a cautionary tale of condo crisis and buyer pain. James and Denny dive into Vancouver's condo crisis, spotlighting painful presale contracts and Brentwood towers now trading below their launch prices.  This episode will focus on pre-sale condo pain, Vancouver and Toronto condo collapse, selling less than presale, buyers not qualifying for mortgages, many families not looking to live in condos, developers struggling and predictions for the future. Podcast Videos can be found on the Garbutt + Dumas Real Estate Team YouTube channel Email us at garbuttdumaspodcast@gmail.com James Garbutt james@gdrealestate.ca Instagram: /jamesgarbutt Facebook: /jamesgarbutt Denny Dumas denny@gdrealestate.ca Instagram: /denny.dumas Facebook: /denny.dumas.5 Garbutt + Dumas Real Estate Instagram: /gdrealestateteam Facebook: /gdrealestateteam Website: garbuttdumas.ca

The Bank of Canada has kept its benchmark interest rate steady at 2.75%, putting a pause on a streak of seven straight cuts. In its Wednesday announcement, the Bank acknowledged a significant slowdown in the Canadian economy but opted to hold the rate as it awaits more clarity on U.S. trade policy and the broader effects of tariffs. James and Denny share their on-the-ground insights as Vancouver realtors, highlighting what they're seeing in this spring market. This episode will focus on the Bank of Canada's recent rate hold, more rate cuts this year, fixed rates going up, variable vs fixed in the current market, upcoming elections, rental rates going down, construction is very expensive and predictions for the future. Podcast Videos can be found on the Garbutt + Dumas Real Estate Team YouTube channel Email us at garbuttdumaspodcast@gmail.com James Garbutt james@gdrealestate.ca Instagram: /jamesgarbutt Facebook: /jamesgarbutt Denny Dumas denny@gdrealestate.ca Instagram: /denny.dumas Facebook: /denny.dumas.5 Garbutt + Dumas Real Estate Instagram: /gdrealestateteam Facebook: /gdrealestateteam Website: garbuttdumas.ca

Thinking about jumping into real estate? In this episode, we discuss whether investing in Vancouver real estate still makes sense today, explore different property types, and discuss long-term appreciation in a market everyone's watching. James and Denny discuss whether it's still worth investing in the Vancouver real estate market, diving into current trends and popular investment property types. This episode will focus on investing in Vancouver real estate and if it's still worth it, different property types and their popularity, is positive cash flow possible, being in a buyers market, the current state of prebuilts, and long-term appreciation predictions. Podcast Videos can be found on the Garbutt + Dumas Real Estate Team YouTube channel Email us at garbuttdumaspodcast@gmail.com James Garbutt james@gdrealestate.ca Instagram: /jamesgarbutt Facebook: /jamesgarbutt Denny Dumas denny@gdrealestate.ca Instagram: /denny.dumas Facebook: /denny.dumas.5 Garbutt + Dumas Real Estate Instagram: /gdrealestateteam Facebook: /gdrealestateteam Website: garbuttdumas.ca

The real estate market has yet to gain the momentum many expected, with buyer demand remaining sluggish despite seasonal trends. However, some properties are still holding at peak pricing and even attracting multiple offers. James and Denny discuss the types of properties receiving multiple offers despite the overall slow real estate market in the Lower Mainland. This episode will focus on the low activity in the real estate market, being prepared for multiple offers, predictions for the spring, lot's of uncertainty, high end properties really struggling, condos not moving fast, developers slowing down construction products, and future predictions. Podcast Videos can be found on the Garbutt + Dumas Real Estate Team YouTube channel Email us at garbuttdumaspodcast@gmail.com James Garbutt james@gdrealestate.ca Instagram: /jamesgarbutt Facebook: /jamesgarbutt Denny Dumas denny@gdrealestate.ca Instagram: /denny.dumas Facebook: /denny.dumas.5 Garbutt + Dumas Real Estate Instagram: /gdrealestateteam Facebook: /gdrealestateteam Website: garbuttdumas.ca

The Bank of Canada has implemented its seventh consecutive rate cut, continuing its aggressive push to stimulate economic growth amid slowing inflation and global uncertainty. This latest reduction signals ongoing concerns about consumer spending, business investment, and the broader impact of tariffs and upcoming elections on the Canadian economy. James and Denny share what they are currently seeing in the Vancouver real estate market, including how the rate cut is impacting home prices, buyer activity, and market sentiment. This episode will focus on the rate cut effects on the Lower Mainland real estate markets, upcoming elections and potential impact, the on and off again tariffs, high levels of inventory, North Van pulling back regulations on Air BnB, all the home tax changes over the last 9 years, and predictions for the future. Email us at garbuttdumaspodcast@gmail.com James Garbutt james@gdrealestate.ca Instagram: /jamesgarbutt Facebook: /jamesgarbutt Denny Dumas denny@gdrealestate.ca Instagram: /denny.dumas Facebook: /denny.dumas.5 Garbutt + Dumas Real Estate Instagram: /gdrealestateteam Facebook: /gdrealestateteam Website: garbuttdumas.ca

Flipping homes in British Columbia can be a lucrative venture, but with rising costs, market fluctuations, and strict taxation rules, is it still worth it? In this episode, we break down the realities of house flipping in BC, the taxes that can eat into your profits, and whether investors can still make money in today's market. James and Denny share their personal experiences flipping homes and discuss their insights into the current market. This episode will focus on the flipping game in the Lower Mainland, flipping taxes and how they work, expensive materials and labor making things hard, relying on market gains, double dipping on GST on new builds, developers are struggling and future predicitions. Email us at garbuttdumaspodcast@gmail.com James Garbutt james@gdrealestate.ca Instagram: /jamesgarbutt Facebook: /jamesgarbutt Denny Dumas denny@gdrealestate.ca Instagram: /denny.dumas Facebook: /denny.dumas.5 Garbutt + Dumas Real Estate Instagram: /gdrealestateteam Facebook: /gdrealestateteam Website: garbuttdumas.ca

With upcoming federal elections, the threat of Trump's tariffs, and constant density changes, the Vancouver real estate market is shrouded in uncertainty. It's hard to predict what the future holds as these dynamic factors continue to influence market trends. James and Denny offer their insights into the current state of Vancouver's real estate market. They also discuss how shifts in density may influence home prices across the city. This episode will focus on the current state of real estate in Vancouver, density changes and the effects, upcoming federal elections, potential Trump tariffs and what they mean, slow-moving condos and luxury homes, appreciating land, and the lack of townhomes in many communities Podcast Videos can be found on the Garbutt + Dumas Real Estate Team YouTube channel Email us at garbuttdumaspodcast@gmail.com James Garbutt james@gdrealestate.ca Instagram: /jamesgarbutt Facebook: /jamesgarbutt Denny Dumas denny@gdrealestate.ca Instagram: /denny.dumas Facebook: /denny.dumas.5 Garbutt + Dumas Real Estate Instagram: /gdrealestateteam Facebook: /gdrealestateteam Website: garbuttdumas.ca

The Bank of Canada (BoC) has lowered its key interest rate by a quarter of a percentage point to 3%. This marks the sixth consecutive cut since June, bringing the benchmark rate down by a total of 200 basis points from its peak of 5% in July 2023. James and Denny share what they see in today's real estate market and how these rate cuts affect everyday sales. This episode will focus on the BoC's most recent rate cut, predictions for future cuts, effects on the real estate market, 5-year fixed vs variable rate comparisons, home sales volume increasing, certain housing products will keep struggling, upcoming federal election, new policy changes, and predictions for 2025. Podcast Videos can be found on the Garbutt + Dumas Real Estate Team YouTube channel Email us at garbuttdumaspodcast@gmail.com James Garbutt james@gdrealestate.ca Instagram: /jamesgarbutt Facebook: /jamesgarbutt Denny Dumas denny@gdrealestate.ca Instagram: /denny.dumas Facebook: /denny.dumas.5 Garbutt + Dumas Real Estate Instagram: /gdrealestateteam Facebook: /gdrealestateteam Website: garbuttdumas.ca  

Whether it's an up-and-coming area or a timelessly desirable community, certain neighbourhoods offer compelling reasons to invest—even during a down market. However, pinpointing these prime spots can often be a challenge. James and Denny share their list of the best neighbourhoods and talk about what makes them so special and why they picked them. This episode will focus on popular neighbourhoods in the Lower Mainland, dream places to upsize, the most popular communities, the best bang for your buck, family-oriented, neighbourhoods covered in these cities; North Van, East Van, Coquitlam, Port Moody, Langley and Port Coquitlam. Podcast Videos can be found on the Garbutt + Dumas Real Estate Team YouTube channel Email us at garbuttdumaspodcast@gmail.com James Garbutt james@gdrealestate.ca Instagram: /jamesgarbutt Facebook: /jamesgarbutt Denny Dumas denny@gdrealestate.ca Instagram: /denny.dumas Facebook: /denny.dumas.5 Garbutt + Dumas Real Estate Instagram: /gdrealestateteam Facebook: /gdrealestateteam Website: garbuttdumas.ca

Vancouver remains the priciest city in Canada for renters, though rents for vacant apartments are gradually decreasing from last year's peak. According to the latest rent reports, the average monthly rent for an empty one-bedroom apartment in Vancouver is now $2,690, a 4.6% drop from last year. James and Denny discuss what they're observing in the real estate market and how falling rental rates impact their day-to-day work. This episode will focus on what happening in Vancouver rental markets, how rental rates affect investors, cash flow with current mortgages and rental prices, rental rates going down across the lower mainland, being a landlord and rental-specific data in Brentwood, New West, Surrey, Port Moody, and Port Coquitlam. Podcast Videos can be found on the Garbutt + Dumas Real Estate Team YouTube channel Email us at garbuttdumaspodcast@gmail.com James Garbutt james@gdrealestate.ca Instagram: /jamesgarbutt Facebook: /jamesgarbutt Denny Dumas denny@gdrealestate.ca Instagram: /denny.dumas Facebook: /denny.dumas.5 Garbutt + Dumas Real Estate Instagram: /gdrealestateteam Facebook: /gdrealestateteam Website: garbuttdumas.ca

The Bank of Canada has reduced its key interest rate by 50 basis points to 3.75 percent, marking the first cut of this size since the COVID-19 pandemic. This rate cut was prompted by the latest Canadian inflation report, showing the Consumer Price Index (CPI) dropped to a year-over-year rate of 1.6%, below the Bank of Canada's 2% target range. James and Denny discuss their insights on Vancouver's real estate market and the impact of the recent rate cut on home prices. This episode will focus on the recent BoC rate cute and the effects on real estate, the bizarre state of the current market, how close are we to the bottom? Sellers holding firm, inventory piling up, some optimism about the future, current variable vs fixed mortgage rates and future predictions. Podcast Videos can be found on the Garbutt + Dumas Real Estate Team YouTube channel Email us at garbuttdumaspodcast@gmail.com James Garbutt james@gdrealestate.ca Instagram: /jamesgarbutt Facebook: /jamesgarbutt Denny Dumas denny@gdrealestate.ca Instagram: /denny.dumas Facebook: /denny.dumas.5 Garbutt + Dumas Real Estate Instagram: /gdrealestateteam Facebook: /gdrealestateteam Website: garbuttdumas.ca

Managing difficult conversations with real estate clients effectively is key to maintaining strong relationships. Staying informed about current market conditions and the factors that can cause deals to fall through is crucial for navigating these situations. James and Denny discuss how they handle delivering bad news, emphasizing the critical importance of open communication between realtors and clients. This episode will focus on collapsed deals in real estate, the importance of always understanding the current market conditions, inspection items, people walking out of deals, due diligence during slower times, and less certain buyers, communication is everything. Podcast Videos can be found on the Garbutt + Dumas Real Estate Team YouTube channel Email us at garbuttdumaspodcast@gmail.com James Garbutt james@gdrealestate.ca Instagram: /jamesgarbutt Facebook: /jamesgarbutt Denny Dumas denny@gdrealestate.ca Instagram: /denny.dumas Facebook: /denny.dumas.5 Garbutt + Dumas Real Estate Instagram: /gdrealestateteam Facebook: /gdrealestateteam Website: garbuttdumas.ca