March 2017

Found 4 blog entries for March 2017.

Every now and then one of our clients will ask us if we will do Open Houses or newspaper advertising. Because we provide our selling clients with BIG COMMISSION SAVINGS, compared to traditional REALTORS®, we must focus on those advertising vehicles that work, i.e. those that bring in home buyers, not the fluff.

Far better to work with a REALTOR® who knows to sell homes. This link will help you select the best REALTOR®.

According to a survey conducted by the National Association of REALTORS® in 2015, the top 5 tools that home buyers employed for their search were as follows:

Top 5 Tools for Finding Buyers:

  1. Online website – 88%
  2. Real estate agent – 87%
  3. Mobile or tablet website or application – 50%
  4. Mobile or tablet search engine –
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When home sellers from right across the metro Edmonton area contact us for a discussion about home value, they are normally thinking that only one price value exists for their home or condo. That is the amount of money it would generate if sold today. However, it’s never that simple.

Many people are surprised to learn that there are several ‘value sets’ associated with their home.

For example:

Tax Value - calculated by your local tax office so that they can send you a bill. This value is calculated by computer, usually with an accepted variance of less than 3% either side of the actual amount you might get if the property was sold. Do not rely on this information to price your home. We can show you homes that have sold for much MORE and much

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Situation

Robert wanted to sell the house for the most amount of money so that he had enough to leave Sherwood Park and buy a farm. Robert was extremely reluctant to pay expensive traditional commissions. This left Janet with few options and she tried Kijji advertising. She was not getting the quality of quantity of buyers she needed.

Result

Janet came to Ambergate Realty Advisors looking for a solution. She chose our Superior Saver program. We set up a marketing program that included: MLS® and Facebook.

We put the house under contract in only 2 days. We created multiple offers, negotiated full asking price and saved Janet and Robert $7250 in commissions when compared to listing with a traditional REALTOR®.

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Summary:

The second month of the year continues to show encouraging results for home sellers in Edmonton. It’s taking slightly longer to sell than in 2016, but values are UP as is the number of homes sold.

Sales Values

 

Edmonton home sales prices climbed a little bit in February 2017. Compared to this time last year, sellers were receiving about $1753 MORE, than sellers did in 2016. It’s not a lot, but still moving in the right direction.

Numbers Sold:

 

In total 135 more homes sold this February than in 2016. We believe that this is exciting news as it confirms underlying confidence on the part of buyers in Edmonton area home ownership. Inventory levels are also moderating. In January there was a 7 month supply. In February,

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