Edmonton Real Estate Blog



If you are going to put your home up for sale, you are likely wondering how much its worth. What you might not realize is that the price you eventually sell for will be a direct result of the choices you make in 7 areas.

Let’s discuss each of them one by one:

Your Timing

How quickly can you move out?

Based on years of experience I have noticed that the best qualified buyers are almost always in a hurry. The best buyers are ‘between’ homes and anxious. The quicker you can help deliver them from this state the more attractive your home will be.

And just in case you were worried that offering immediate possession could make you homeless please don’t worry. In most cases, it takes a few weeks to find a buyer and a few more weeks to close the

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Situation

Merle has successfully sold her own homes before and on this occasion she purchased the Comfree program. After her unit in Sherwood Park was on the market for 6 months and still no buyers, she decided that she had to find a more effective way to market her home. Merle found that the discounted flat fee program offered by Ambergate Realty Advisors was a great fit for her.

Result

At the time of writing, (November 2017) the condo market was flooded with condos for sale. After a comprehensive advertising and marketing strategy, the team at Ambergate Realty Advisors found a suitable buyer candidate in Winnipeg.

Merle is picture above in the doorway of her unit and holding a gift card that we were pleased to present to her.

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Situation

Sandra is a big supporter of local businesses and she was looking for a service provider who could help her to sell the former Capilano home of her parents. However, with so many homes on the market, Sandra was eager to find a real estate sales company that really understood modern marketing techniques, specifically social media marketing.

Sandra was also reluctant to pay traditional REALTOR® commissions. The flat fee program offered by Ambergate Realty Advisors was a great option.

Result

Multiple offers and money saved on commissions.

Selling any home this year has been a challenge. Inventory levels have never been higher. After implementing a comprehensive marketing program and after a reasonable period, the team at

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Nam Vang   A sincere thanks to Stuart and his team for their efforts in helping us sell our home. We certainly had initial reservations regarding the level of service we would receive from a "low-cost" realty company, however, those concerns were quickly nullified. Stuart is great to deal with and he's always available to answer any and all of our questions. We would not hesitate to refer the services of Ambergate Realty to our friends & family. Thanks again Stuart!
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Summary:

October 2017 proved to be a positive experience for home sellers across the Edmonton market. The market put its nose up. Sales values increased. Days on market is about the same and the inventory surplus is starting to come down.

Sales Values:

The average sales price of a home in Edmonton in October 2017 was around $376,000 compared to approx. $372,000 in 2016. This means that home sales values were UP again by 1% over the same period last year or just over $4,000 on average.

Days on Market:

It took 58 days to put most homes under contract in October 2017 compared to 57 days in 2016. This is not significant in our view and speaks to the underlying strength of our market here in Edmonton.

Numbers Sold:

Only 96

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I’m originally from the United Kingdom where real estate sales commissions have always been lower than those that we find here in Canada.

Why?

REALTORS® have historically provided higher levels of service in our Edmonton market than estate agents back in the UK and in Europe generally. However, most home buyers purchase directly through the seller’s agent. Whilst our market favors buyer agents, meaning there are 2 agents to pay, commissions will likely remain higher.

On a global level, commissions are trending down. According to one study I found by Natalya Delcoure & Norm G. Miller there are only 2 markets where commission have gone up, i.e. Hong Kong and Japan where buyer brokerage has been introduced.

Here some examples of typical

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Market Overview

After spending almost a year showing our client Gayle Monsma around the downtown condo market, we recently had the pleasure of assisting Gayle with the purchase of a wonderful unit in Seventh Street Lofts. Situated at 10309 107 Street NW Edmonton, Seventh Street Lofts has an interesting history.

The development was handled by Dub Architects and is comprised of 3 phases. Phase 1 and 3 are based on renovated earlier structures. The second and middle phase is new construction.

Phase 1 consists of a converted John Deere warehouse first constructed in 1929. This phase offers 40 units in total of which 20 are double bedroom units. Phase 2 provides 36 units and this part of the project provides direct access to the street in some

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Situation

Helen and Nam are sophisticated and smart people. They are successful in their careers and early next year they will move into a larger home. Therefore, they had to decide how they were going to sell their existing home. Helen and Nam did not want to pay expensive commissions requested by traditional REALTORS®. They chose instead to purchase the Comfree program. Helen and Nam had never sold a home before. After a couple of months without success, they finally realized that effectively marketing and selling a home can be far more difficult and complicated than simply purchasing a ‘do it yourself’ home sale program. Helen and Nam started looking around for smart alternatives. The flat fee program offered by Ambergate Realty Advisors was an

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This is our latest home offering in Walker a popular, newer community on the southside of Edmonton. On the outside the home might look small. Walk in and its little like the Tardis from Dr. Who. It feels so much bigger than the outside would suggest. The owners spent a little bit extra on things that give the home a semi luxury feel including hardwood, stainless appliances and higher end tile work. For all of the details please click here.
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