Meet the
Resident Experts

With almost a decade with The Kavanagh Group, I gained invaluable real estate experience.

Amanda Crosby
Regamble
Real Estate Advisor *PREC

Together with my husband Scott, we are the proud founders of Resident Experts. Raised on Vancouver’s West Side and immersed in a real estate family, my love for this city and industry runs deep. With nearly a decade of experience alongside The Kavanagh Group, one of the best teams in the City, I’ve honed my expertise by dealing with hundreds of clients.  I prioritize my clients’ best interests, leveraging my tenacity, extensive knowledge, diligent work ethic, unwavering optimism, strategic thinking, and exceptional negotiation skills that have built my stellar reputation. With an intimate knowledge of the Vancouver West Side, I possess a deep understanding of its neighborhoods and intricacies. Matching clients with their perfect home and negotiating favourable terms on behalf of my sellers brings me immense fulfillment and joy, making me a passionate Realtor.

Family is everything, and I’m fortunate to work alongside my husband. With my brother and his wife and two kids living next door, and my parents just a short stroll away along the sea wall, we cherish our close-knit community. Being a mom fills me with boundless joy, as I delight in experiencing the world through my son’s eyes. When it comes to self-care, I find pleasure in indulging in brunches with friends, going for runs, biking the seawall and treating myself to regular foot massages. Life’s simple pleasures make all the difference!

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🏡 Thinking about buying a home this year? 🏡  We get it— navigating the real estate market can feel overwhelming. However, with the right mindset and preparation, purchasing a home can be an exciting and relatively stress-free experience.   Here are some tips to help you along the way:  ✅ Get Pre-approved: Know your budget upfront to streamline the process and act swiftly when the right home comes along.  💰 Set a Comfortable Budget: Determine a budget you’re comfortable with, factoring in mortgage payments and other expenses to avoid being stretched too far on your expenses.   ✨Prioritize Your Needs: Make a list of non-negotiables and nice-to-haves for your new home. Stay open-minded but focus on must-haves like location.  ✔️ Stay Flexible: Explore different neighborhoods and consider minor renovations to make a home your own.  💨 Act Fast: In Vancouver’s dynamic market, be prepared to move quickly when you find the right property.  Remember to trust the process, stay patient, and know that your dream home is out there. Working with a trusted advisor can provide invaluable guidance in navigating the market. ✨  Questions? We’re here to help!


📜✨ Understanding Your Strata: The Schedule of Unit Entitlement 📜✨  What It Is? In BC, it's the key to how common property and costs are shared in strata properties. It's not just about square footage; it can vary widely!  Where to Find It: For Strata Plans pre-July 2000, it's part of the Strata Plan. Post-July 2000, look for "Form V." Both are available from the Land Title and Survey Authority.  Calculating Your Share: Simple math! Your unit's entitlement divided by total entitlements, multiplied by 100, gives your percentage of common costs.  Why It Matters: This schedule tells you your slice of the pie for strata fees, special levies, and more. We've found over 35% of strata corps get this wrong, impacting your wallet! It’s important to know any upcoming costs so you can plan accordingly.  Have any questions? Feel free to reach out!


🏠🌟 Understanding Real Estate Markets! 🌟🏠  🔵 What is a “Seller’s Market”:
This means more buyers than homes. Sellers prefer firm offers with few conditions. Homes sell quickly, and sellers favor “firm” offers with fewer conditions to ensure a swift, guaranteed sale. This occurs above a 20% sales ratio.  🔴 What is a “Buyer’s Market”:
This means more homes than buyers. Lower prices and buyers have more negotiating power, with sellers often accommodating conditions to secure a deal. This happens below a 12% sales ratio.  🟢 What is a “Balanced Market”:
Equal number of buyers and homes. The market is stable, with fair prices for both sides.  This happens when the housing market is just right – not too hot and not too cold. This is ideal for buying or selling. This usually occurs between a 12% - 20% sales ratio.  📈 Market Influencers:
Factors like mortgage rates, inflation, employment, investment, construction, immigration, government programs, and global economies impact the market’s supply and demand, affecting prices.  Curious about your local market? Reach out and let’s discuss!


📅 Speculation and Vacancy Tax Deadline Reminder 📅  Due by March 31, 2024  •
•  Property owners in taxable zones must annually declare for the Speculation and Vacancy Tax by March 31, regardless of unchanged information, (with certain circumstances). Failure to declare results in a 2% tax on the property’s assessed value. Each co-owner, including spouses or relatives must be filed separately.  The BC speculation tax aims to make housing more affordable by discouraging real estate speculation and encouraging the proper use of properties. It targets vacant or underused properties owned by non-residents and helps fund affordable housing initiatives.  Reach out if you have any questions!


🏡 Everything You Need to Know About BC’s New AirBnB Rules 🏡 
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•  Starting May 1, 2024, new provincial regulations will be in effect for cities in BC with populations exceeding 10,000, including Vancouver and Kelowna, imposing restrictions on vacation rentals through platforms like AirBnB and VRBO as outlined:  Homeowners will be permitted to offer their primary residence, along with one secondary suite or accessory dwelling unit, for short-term vacation rentals of less than 30 days. Violations of these regulations could result in fines reaching up to $50,000.  Who is exempt from the BC vacation rental regulations?
* There are 14 municipalities with populations under 10,000 which are exempt including Tofino, Whistler, Fernie and more   The Act aims to give local governments stronger tools to enforce short-term rental bylaws, return short-term rental units to the long-term rental market and establish a new provincial role in the regulation of short-term rentals.  What are your thoughts on the new regulations? We would love to hear it!