Introducing Metro Vancouver' s newest dynamic real estate duo, Brad Smyth and Rhys Leonard, of the newly formed Brad + Rhys Properties Group. New digs and new partner! You will find our bios below so that Brad's clients can get some intel on Rhys and Rhys's clients can get the 411 on Brad.
How did Brad + Rhys become a thing? We have known each other through the business for many years. More recently, we have gotten to know each other on a personal level with our kids at the same school. We became neighbours two years ago, and you can really get to know a guy when you share a fence. During the months of quarantine there may have been a few "fence beers" where we discussed all things life. Often real estate would take centre stage in these discussions. Now we may not agree on what qualifies as a good beer (Coors Light does NOT) but real estate we see eye to eye on. We are very excited about this partnership!
Rhys had the pleasure of being one half of the award winning team Rhys and Kathleen for the last four years. He will bring all that he learned from that great experience into this new adventure. Brad on the other hand has been swinging single in the real estate world for that past 14 years with another local brokerage and is very much looking forward to collaborating with and mentoring Rhys!! BTW Coors light is a very refreshing beverage!!
The market has been solid for this time of year. While somewhat slower than a few months ago there are still a number of buyers putting pen to paper. Low interest rates remain a strong driver for the market. We are hearing a lot of chatter from clients about gearing up for the Spring market, which we anticipate to be busy.
We are fully up and running at our new brokerage, Sotheby's Realty. It has been very busy, which suits us just fine. Our new office has a fabulous view of east beach and a great coffee shop next door. We are excited to answer any and all of your real estate questions so please, give us a call to discuss any time!
Rhys Leonard
I am a second-generation REALTOR® born and raised in South Surrey/White Rock. I love using my knowledge of the area, my interpersonal skills, and over 16 years of real estate experience to bring about the best results for my clients. I am one half of the Brad and Rhys Sotheby's team. From our first introduction to SOLD my goal is always to find the best next move for you and to negotiate hard to obtain it.
Before my real estate career, I worked in marketing, banking and small business development which prepared me well for the many challenges of the fast paced, ever evolving real estate industry. My Bachelor of Commerce degree and Real Estate Licensing Certification are additional assets I bring to the table.I am proud that a large portion of my business is from referrals and repeat clients. My clients feel confident in my representation of them so that they can focus on the goal at hand... finding their next home!
Brad Smyth
British Columbia born, Brad has grown up enjoying the West Coast his entire life, in particular the South Surrey area where he now lives and breathes everything the beach community has to offer.At the age of 27 Brad entered into a new venture of selling real estate with a boutique brokerage on the Westside of Vancouver and immediately took to the hustle, bustle and unpredictability of the profession. After a few years downtown Brad moved out to a South Surrey Brokerage and set up shop in the market he resides in.Aside from the day to day duties of residential real estate Brad also has a passion for home construction which gives him a leg up when it comes to seeing the value in your home.When its time to relax, nothing beats spending time with his family, there is nothing better for Brad than a day at the beach followed by a family meal and a few laughs.SOUTH SURREY/WHITE ROCK REAL ESTATE STATISTICS
SOUTH SURREY/WHITE ROCK REAL ESTATE STATISTICS
STATISTICS SUMMARY
- Sales have been extremely strong when compared to last year across all segments. Only condos sales slowed from the previous month. Low interest rates are most definitely playing a part in this run. Multiple offers have been popping up again, depending on specific area and product.
- The seasonal decrease in new listings is occurring in the detached and townhouse market. With sales up, the overall active listing pool is shrinking. We will likely see this continue until the Spring market arrives. Condos are bucking the trend with supply outpacing demand.
- No surprise to see the benchmark price on the rise with an increase in demand and lowering of supply.
- There continues to be an overall optimism in the local real estate market. We anticipate an active Spring market in 2021 as well.
- When sales are broken down for South Surrey/White Rock we saw the following
> 38.5% of the total attached market sales were between 500K-700K.
> the most active price band for attached properties - both condos and townhouses - was between $500K - $600K, having a 48% sales ratio (4.8 sales for every 10 listings).
> the overall attached South Surrey/White Rock market has a 31% sales ratio average (31 sales for every 100 listings).
> detached houses priced below $1,500,000 totalled 63% of the total sales for houses; with those between $1,000,000 - $1,250,000 having a 63% sales to active ratio(26.3 sales to every 10 active listings).
> There were 22 sales above $2,000,000
> overall, for detached homes, there were 25 sales for every 100 active listings (a 25% sales to active listings ratio*).
* A sales to active listings ratio between 12 to 20 percent is considered a balanced market. Below 12 percent is considered a buyer's market and above 20 percent is considered a seller's market.
Interested in reading the full statistics package for the Fraser Valley?
Click HERE for more information
Why Sotheby's? Once we recited our vows to partner up the hunt for which brokerage would offer our clients the best of everything; exposure, professionalism and ultimately, experience, was on!
Combining our 30+ years of local real estate knowledge with Sotheby's powerful international marketing network really excites us. The Sotheby's brand has a legacy that spans over 275 years. They are roots down in 70+ countries with more than 1000 offices. Sotheby's Realty is the #1 trusted brokerage internationally. They also lead the industry in on-line marketing with the largest Instagram and YouTube following of any residential real estate brokerage in Canada.
Sotheby's legacy is our client’s unique advantage. Every home we represent is amplified by Sotheby's distinguished brand, and gains access to exclusive marketing opportunities with the Sotheby’s connections. In addition to the MLS system, social media and local advertising, our clients' properties also gain placement on powerful marketing channels. This includes the New York Times, Financial Times, Rob Report, Juwai.com, Rob Report and many more. At no additional cost to you, our valued clients.
Our goal is to deliver exemplary marketing and service to every client, regardless of a home’s neighbourhood or price range. And without question, Sotheby's Realty offers us the platform to give you the best real estate experience we can.
Have questions? Give us a call! Visit Sotheby's Realty Canada here
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CHECK OUT THE FOLLOWING!
With an eye to design, Nicole & Jen are the extremely talented owner operators of The Designory House. A local interior design studio specializing in remodels, home furnishings and custom new builds. We can personally vouch for these two wizards of design! Spending a lot of time at home these days? Update your space! Check them out
here...
Local Alert!! BUCK brand is the first in North America to provide buckwheat-based milk and ice cream to meet the rising demand for plant based dairy alternatives. These offerings are a high quality alternative to those who seek a nutritious, delicious and clean product that is gluten free, dairy free and allergen free. Rhys has personally devoured a few of these "pints of goodness". All, of course, in the spirit of quality assurance! 10 out of 10, you want this! Click here for more info
