Best resources for Vancouver home buyers

Home is the nicest world there is.


Why Buy with us?

“1st, a track record of successfully matching Buyers and Properties.”

Ikonomou Knows Vancouver Homes

A Name That The REAL ESTATE INDUSTRY Knows and Trusts as well as one of the BEST REAL ESTATE WEBSITES in VANCOUVER.

When purchasing a home in Vancouver, you're faced with a multitude of decisions! The primary one is whether you're actually prepared to purchase a home. 

Locating the perfect home isn't always an easy task, and obtaining a mortgage loan can be a complex and tiring process. 

Although, once you've determined that you're ready to move forward with the required effort towards your home-purchasing goal, the rewards are unquestionable.

Ikonomou Knows

We access all (on and off) market listings.

While at your side each step of the way, we'll make the process of purchasing a home easier, more enjoyable, less time-consuming, and less expensive than if you undertook this challenge on your own. 

We'll help you prepare 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.

2nd, Superior negotiation skills

We will personally present, thoroughly review, negotiate and manage the presentation of all of your offers.

We walk the walk..

Ikonomou Knows Vancouver Homes

Once you've been pre-qualified using our mortgage calculator and know what price range you want to stay in, we'll help you determine which properties fit your needs by using the (MLS) Multiple Listing Service system to locate them. Unlike REW, our Collaboration system will send you properties the moment it's live on our board.

We have the best possible resources and communication systems available today to help you locate the homes on the market that match your specifications. You can even search our listings here at our website.

Best buyers agent in Vancouver Canada
Ikonomou Knows

3rd, Personalized service, promptness and reliability

Whether you're a first time home buyer or a seasoned investor... we'll tailor your real estate experience to suit your needs.

Kind words

Ikonomou Knows Vancouver Homes

"Tom worked very hard for us and did not quit until we got the best deal and best price saving us tens of thousands of dollars. 

Very friendly and Charismatic energetic person and real go out and getter working hard for us." (Home buyer)

4th, Engage with Tom direct 24/7

You can reach us anytime by calling/texting (778-879-8366) email tom@tomikonomou.com We respond personally to all. Call our name...and we'll be there!

Buying a home
HOME BUYERS GUIDE
Optimized buying
Buying a home is one of the largest purchases you'll ever make and you need a dedicated real estate team to ensure that you understand the different steps and aspects of your purchase.
MORTGAGE CALCULATOR
Streamlined experience
Your city is a sophisticated and changing market, so you need a good real estate team on your side to ensure your home is sold for the best price and terms; in the shortest time.
Search listings
5-Step Buyer Methodology
Guaranteed results
Whether you are a first time buyer or an experienced investor looking to sell or buy an income property or you are a non-resident wondering what the tax implications will be in selling...

5th, True market price guidance

We'll provide you with true market price guidance when negotiating your home transaction so that you will be comfortable and confident with your offer.

Your Real Estate Experience Matters

That's why we offer a Love it or Leave it Guarantee

If you're not happy in your home within a year, we'll list it for FREE!

Our no-pressure buying system will make sure you buy the home you want at your terms and your conditions.

The following will help you on your journey to find your new home at the best possible price.

Ikonomou Knows

Frequently asked questions...


WE KNOW YOU HAVE QUESTIONS

WHEN IS THE BEST TIME TO BUY A HOUSE?

The best time to buy a house is whenever you are ready! It sounds cheesy, but it’s true. 

The market ebbs and flows with the changing of the seasons here in Vancouver, and there are pros and cons to each season.

For example, the Spring market provides more inventory to choose from but the market is substantially more competitive. In Winter, there are less houses on the market, but there is also less competition (less folks want to move in the winter).

WHAT EXACTLY ARE CLOSING COSTS?

Closing costs are fees and expenses that you pay when you close on your house, beyond the down payment. They include things like title insurance, homeowners insurance, appraisals, taxes and more.

The closings costs are typically around 2.5% of the purchase price. Your lender will be able to give you a more accurate estimate of your actual closing costs.

DO I NEED 20% DOWN TO BUY A HOUSE?

No you do not need 20% down to buy a home!

With conventional loans you can have as little as 5% down. CMHC loans are similar, and have better terms for folks with lower credit scores or high debt-to-income ratios. With less money down other things will arise with your monthly payment though, like Private Mortgage Insurance (PMI).

This is all stuff you will talk to a lender about! A good lender will go through your finances with you and talk over all of your options.

DO I PAY MY REALTOR'S COMMISSION?

Typically, no.

Most of the time the seller pays for both the Listing Agent’s commission and the Buyer’s Agent’s commission.

The only thing you will have to make note of is that some brokerages charge an admin fee. These range from $300-700 dollars and go directly to your agent’s brokerage, not into their own pocket. They typically help support full time office admin roles and other brokerage expenses.

WHAT ADDITIONAL COSTS ARE THERE?

There are a few additional costs to consider besides your downpayment when buying a home.

The first thing to note are closing costs. While we can negotiate who will pay these, they will still have to be paid at the time of closing. They are typically around 3% of the purchase price.

Secondly, home inspections are always highly recommended! They start at $500. Your Realtor will have a few great recommendations.

There are two other optional inspections that have gained traction over the years and these are Radon Testing and Oil Tank Scans. Both are around $250 each.

As noted in the question box above, a majority of brokerages have administrative fees. These can range from $300-700 dollars and go directly to your agent’s brokerage, not into their own pocket. They typically help support full time office admin roles and other brokerage expenses.

And other than any additional moving expenses you may have, that is it!

WHAT IS THE AVG HOME PRICE IN VANCOUVER?

Typically the actual median price of homes better reflects the most common price, compared to the “average” price. Check out a live graph of the median sales price of single family homes in Vancouver here.

Ikonomou Knows

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Ikonomou Knows Vancouver Homes

Did you know on average... buyers look at 12 homes and as many as 80 before they find the right home to buy?

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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.