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BUY REAL ESTATE
THE RIGHT WAY.

A practical guide to understanding the real estate buying process in British Columbia.

BUYING A HOME IS A PROCESS.
UNDERSTANDING IT SHOULDN'T BE COMPLICATED.

Clear, objective guidance on what happens before, during, and after a real estate purchase in British Columbia — no pressure, no jargon.

Eight Stages

THE BUYING JOURNEY

Tap any stage to explore what happens and how each step connects to the next.

Gather your questions, understand the documents you may encounter, and consider your timing before you begin searching.

Learn about available funds, mortgage pre-approval, deposit requirements, and potential closing costs — without sharing sensitive financial details.

Consider locations, property type, space, features, and lifestyle so your search is focused and intentional.

Understand how the search process works and how to look beyond the listing photos when viewing a property.

Learn about disclosures, strata documents where applicable, and the factors that can influence a property's market context.

Understand what an offer contains and why price is only one of many terms that shape what an offer really means.

Learn about subject clauses, the condition period, and the due diligence that happens before conditions are removed.

Understand completion, possession, and adjustment dates and what happens as the purchase legally completes.

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Vancouver Real Estate

KNOW THE PROCESS.
UNDERSTAND YOUR OPTIONS.

Preparing To Buy

Chapter 01

Preparing To Buy

What should happen before you begin searching?

From understanding the documents you may encounter to learning the terminology and identifying the professionals you may need, thoughtful preparation sets a calm tone for the entire purchase.

Understanding Price & Value

Chapter 02

Understanding Price & Value

List price, assessed value, market value, and offer price.

A list price is a marketing decision. An assessed value is for property tax. Learn how comparable sales, property characteristics, and local competition shape a realistic understanding of value — without an automated valuation.

Thinking about buying?

Online resources can help you understand the process. When you're ready to discuss your plans or questions, connect with Roland.

Talk to Roland

Chapter 05

Understanding an Offer

An offer is more than a price.

Price is only one term. Deposit, conditions, dates, and inclusions each shape what an offer really means.

Understanding offers in BC real estate
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Vancouver Real Estate

EVERY PROPERTY
HAS A STORY.

The BC Home Buyer's Guide book cover

Free Buyer Resource

THE BC HOME BUYER'S GUIDE

A practical publication for understanding the home buying process in British Columbia.

  • The complete 8-stage buying roadmap
  • Budget, offers & subject conditions explained
  • Viewing checklist, costs guide & buyer glossary
Get The Free GuideInstant digital access · No obligation

Strata in British Columbia

Buying a Strata Property?

Strata properties are common in BC. Learn what documents and considerations you may encounter.

Buying a Strata Property?

Strata properties are common in British Columbia. As a buyer, you may encounter documents and information relating to the strata corporation. This is a high-level overview — it is not individualized legal advice.

  • Strata fees

    Regular contributions paid by strata lot owners toward the maintenance and operation of common property. The amount is tied to the unit's entitlement and the strata's budget.

  • Bylaws

    The rules that govern the strata corporation and the use of strata lots. Bylaws can address matters such as age, rentals, and alterations.

  • Rules

    Additional rules set by the strata corporation that govern the use of common property and common assets.

  • Minutes

    Records of strata council and general meetings. Reviewing recent minutes can help you understand what the strata has discussed and decided.

  • Financial statements

    The strata's financial position, including the contingency reserve fund and operating fund. These can help you understand how the strata is funded.

  • Depreciation reports

    Where applicable, a report assessing the condition of common property and estimating future repair and replacement costs.

  • Insurance information

    Strata corporations carry building insurance. You may also need separate coverage for your unit, contents, and liability. Confirm what is and isn't covered.

  • Form B & other documentation

    A Form B (strata certificate) provides key information about a strata lot, including entitlement, fees, and amounts owing. Other documents may also be relevant.

  • Special levies

    A one-time charge to fund a specific repair or project. Be aware of any current or proposed special levies that may apply before or after you purchase.

  • Parking / storage

    Parking and storage may be assigned, owned, or licensed. Confirm what is included with the strata lot and how it is allocated.

  • Pet restrictions

    Strata bylaws may restrict or regulate pets. If pets are important to you, review the relevant bylaws before you buy.

  • Rental considerations

    Some stratas restrict the ability to rent a unit. If you may rent in the future, review the rental bylaws and any applicable limits.

  • Building maintenance

    The condition and upkeep of common property can affect your experience and costs. Minutes and depreciation reports can offer context.

The specific documents and considerations vary by property. Confirm what applies with a real estate professional and, where appropriate, a lawyer.

Editorial Publication

Buyer Insights

View All Buyer Insights
Understanding the BC Home Buying Process
Before You Buy·6 min read

Understanding the BC Home Buying Process

A plain-language overview of how buying real estate works in British Columbia — from preparation and budget through to offers and possession.

Roland Kym, Licensed Real Estate Professional

Roland Kym

Licensed Real Estate Professional · Real Broker

Meet Roland Kym

Real Estate, Done The Right Way.

Roland Kym works with Metro Vancouver buyers to provide clear, practical guidance tailored to their goals, timeline, and circumstances.

Whether you're just starting to explore the process, defining what you're looking for, or evaluating an offer, the goal is straightforward: help you understand your options and make informed decisions.

Your Vancouver Real Estate Resource

Thinking About Buying? Let's Talk.

Have questions about the buying process, a property, or what your next steps could look like? Online resources help you understand the process — when your questions become specific, a licensed real estate professional can help you understand your options.

Roland Kym, Licensed Real Estate Professional

Roland Kym

Roland Kym — Personal Real Estate Corporation

Call604-970-0393

Emailroland@rolandkym.com

OfficeReal Broker
Main St Unit #9, Vancouver, BC V5T 3G0

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Common Questions

Frequently Asked Questions

Educational answers about BC real estate practices, timelines, and requirements.

  • Start by understanding the process, learning the terminology, and considering your timing. Think about your available funds, the locations and property types that interest you, and the professionals you may need. Learning about the process before you search can help you make informed decisions.