Redefining Your Home Buying Process To Meet Todays Marketplace

The Comox Valley remains a popular Real estate Hotspot for people to invest, retire & escape the hustle, bustle & expense of big city living. As we move into 2020 we are expecting a similar market to 2019 where inventory remained tight, the number of sales for single family homes was down about 7% and the average housing price increased up another 7% to $579,567. Buyers who took a ‘wait and see’ approach over the past 18 months are returning to the market looking to buy, confident that the Comox Valley is a safe Real estate investment and remains "relatively affordable" in comparison to the Lower Mainland and Victoria. 


What this means to you as a Buyer- If you are looking for a home under the $600K price point be prepared to move quickly with an offer. With the lack of inventory combined with the largest demand in the market this remains a hot commodity. In previous years competing bids, cash offers, subject free purchases and site unseen offers were more of the "Norm". High Risk, High Stress and High potential disapointment in "Not getting that special house".  You can now expect to still have to move quickly on those properly priced homes but have confidence that you will likely have the time to due your due diligence if your offer is strong. 


Visit my regularly updated Market Snapshot page for more detailed information. 


As a seasoned Realtor of over 14 years I have my finger on the pulse of the market.  My aim is to Redefine your Home Buying Experience through providing; 

  • an honest and educated assessment of the properties that may be best suited to your needs. 
  • education and tools to build your confidence and understanding of the Market, Value, Location and future Resale.
  • my time~ never any pressure to purchase
  • to skiillfully negotiate on your behalf. I have developed strong working relationships with local colleagues at Royal LePage, Remax and Engles Volkers. My reputation is of integrity, straight-forwardness and clean well written offers. 
  • Most importantly... your HONEST ADVOCATE.

I am passionate about meeting these expectations to provide a seamless, stress free and profitable home Buying Experience. Whether a first time home Buyer, Investor, Military Buyer or you are looking to upsize or downsize it all starts with communication.... Understanding YOUR needs and a relationship based on trust & partnership.

Step 1...FIRST DATE... LET'S MEET

How much you enjoy your Real Estate experience can often be measured by the professionalism, proficiency & personality of the Agent you choose to work with. Let's take 30 minutes to have a coffee consult to discuss your home ownership goals, the current market conditions, what you can expect during the entire buying process and to see if we are a good fit to work together. I am dedicated and passionate and count many clients as friends as we journey through the home buying process together.  If you are out of town... No Problem... Lets have a face time chat...

Step 2...GET YOUR FUNDS LINED UP TO PURCHASE

Next, you will need to get pre-approved by your Bank or Mortgage Broker to determine your buying power & comfort zone. Obtaining a letter of pre-approval is a valuable resource to submit with an offer. I am happy to provide you with a few names that come highly recommended through past clients. Once you are pre-approved you are ready to start your search. 

Step 3...STARTING YOUR PROPERTY SEARCH

Based on your wishlist and affordability I will set you up on my Preferred Client Services Program (PCS). You will then be emailed directly all new listings within your search criteria- often days before they appear on www.realtor.ca. It is this program that provides you a competitive edge of knowing and looking at new listings before they appear on the MLS. We will discuss extending the search to hip pocket listings, expireds and private sales. I will prepare you so that Sellers perceive you as a preferred Buyer, help you locate and assess properties for sale that match your specifications, and help you through the myriad of details attending the actual purchase.

Step 4... LET'S GET LOOKING

This is the fun part... you are now confident in your purchasing power, you have narrowed down your non negotiables, you understand the home buying process and have a clear understanding of the contract of purchase & sale and addendums...Now it's time to go look at properties. Keeping in mind that your flexibility to view at short notice is imperative in this market. Understandably your schedule may not always be able to accommodate short notice showings. I will preview properties on your behalf and provide feedback as to suitability. My style is always to provide honest straight-forward feedback as to market value, resale, property features and property shortcomings.... I call a spade a spade.

Step 5...WRITING, PRESENTING & OFFER NEGOTIATIONS

We have found the property you are happy with and you are ready to make an offer. I will prepare a CMA to advise you on market value & provide advice as to an appropriate offer and terms. We will then review the purchase of sales agreement and addendums & I will advise you how to strengthen your offer should we be faced with a mulitiple offer situation. I will then present your offer to the listing agent and Seller and negotiate favourably on your terms.

Step 6... YOUR OFFER IS ACCEPTED

Once Buyer and Seller agree to the terms of the contract we have an "accepted offer". It is now the responsibility of the Buyer to complete their due diligence  (with my assistance of course) Generally this is a 7-14 day window where we wait for the rubberstamp from your lender to purchase this house, obtain a building inspection, review documents... and any other conditions to purchase that were agreed upon. (If you are in a multiple offer situation this time frame may require tightening up significantly to strengthen your offer) During this period of time it is only the Buyer that can collapse the offer if unsatisfied with their due diligence. Once conditions to purchase are removed the property is considered "Sold", the sign can go up and the champagne can be opened. All documents are then forwarded to your Notary or Lawyer to complete the sale. I will be there to facilitate, provide a checklist for you for moving and to ensure all goes smoothly. 

Step 7... CLOSING

On possession I will meet you at your new HOME with your keys! 

Step 8... YOUR ADVOCATE, RESOURCE AND FRIEND

Our relationship does not come to an end once your keys are handed over. I love being part of every client's story and count it as a real privelege to be involved in such an important decision for you and your family. I am here as your Advocate should you have any concerns with your purchase, your Resource with any future real estate advise-whether its referrals for contractors, home renovation tips, landscaping suggestions, where to invest in your home or simply curiosity for a current market evaluation. I count many clients as Friends after we journey through the home buying process together. Your referrals to friends and family are greatly appreciated.


In real estate, it's location, location, location. In Realtors, it's fact-based details, details, details, and Philippa rules the roost! She gave us impeccable service, honest assessments of our circumstances and market realities, and a total "got your back" experience through multiple transactions. We would hire her again in a heartbeat
-Kathy Schmidt

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.