General Information for Home Buyers & Sellers

Found 74 blog entries about General Information for Home Buyers & Sellers.


After we saw sales values drop in January, they rallied nicely in February. This speaks to underlying confidence that home buyers have in the Edmonton market. We all have to live somewhere and renting is not a long term option for most.

Sales Values: 

Home sellers witnessed some uplift in January.

Sales values were on average $371,698, an impressive $7,300 UP on February 2017.

Month End Inventory

Compared to the end of February 2017 there was 480 MORE listings for sale this year. This equates to a 6 month supply.

Normally an extremely high supply currently a 3 or 4 months’ supply of homes for sale is preferred to keep the market vigorous.

Numbers Sold:

The actual number of sales dropped by 76 units. In

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If you are selling your home soon, it’s important that you start thinking about selecting a service provider to help you. Given the large number of homes that fail to sell each year its crucial that you pick well.

Here are some questions that you may find helpful in order to make the right choice:

1. How long have you been a REALTOR®?

Some Edmonton REALTORS® have been around for decades and rely on their reputation to win clients. Unfortunately, many of these folks have fallen way behind, in terms of understanding what type of marketing works these days. Conversely, many REALTORS® have only a few months experience. We suggest you look for someone with at least 10 years’ experience in marketing and selling many homes.

2. How many

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Noreena and Patrick are the proud parents of very bright over achieving children who are currently going to a school a long way from home in the west end of Edmonton. They were driving them to and from school daily and the commute was becoming a real grind. It was decided a move to the west side of Edmonton was the best plan.

The big question was could they afford it? Money was tight. They had saved hard to come up with the down payment on this, their first home. Because their home was newer it had not appreciated and the suburbs in the west were more expensive.

They purchased the Comfree program. It made sense on paper. Here was a way to use many of the same tools that REALTORS® use for a low cost. Unfortunately, this program did

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Laredo Homes


Allen Tenhove the owner of Laredo homes built these beautiful condos in Prince Charles an up and coming neighborhood to the north of the downtown core in Edmonton. He had managed to sell the two outside units without too much trouble working with one of the best traditional REALTOR® companies. Unfortunately, they were unsuccessful in selling the last and final unit. Allen decided to explore his options in terms of marketing expertise and cost. If he could find REALTORS® that offered a deeper understanding of the marketing process and whom offered best value, he would be winning on two counts. The flat fee program offered by Ambergate Realty Advisors was the obvious choice.


Successfully selling what was essentially remnant

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If you want to sell your home, it’s crucial that you make the necessary preparations even before you meet your REALTOR®.

Follow these steps and provided you make a good choice in selecting a REALTOR®, (see this link for hints on REALTOR® selection) you will be well on your way to success.

1. Tidy up, pre-pack & throw stuff away

If you have lived in your home for any length of time, chances are that you have accumulated far too much stuff. Those souvenirs that we buy on vacation, Christmas and birthday gifts from years gone by, extra furniture now redundant, unused DVD or CD collections, books, tools, towels, clothes, sports equipment. You get the picture?

In every room, start at the lowest horizontal surface and work your way up. Not only will

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Home buyers jumped into the market with enthusiasm this year. There were more homes purchased in January 2018 than in January 2017. However, values did soften and buyers have been taking their time to make selections.  It took 11 day longer to find a buyer this year, than in 2017.

Numbers Sold:

There were 71 MORE homes sold in January 2018 compared to the same month last year and this is good news indeed. The total number of condos and single-family homes sold was 667.

Month End Inventory

Compared to the end of January 2017 there was 421 MORE listings for sale year. The equates to a 7 month supply. In general, a 3 or 4 months’ supply of homes for sale is preferred to keep the market vigorous.

Days on Market:


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Are you thinking of selling a house or condo in the metro Edmonton area this year? You might want to consider doing it now.

Here’s why.

1. Less Competition – Most home sellers fall into the trap of waiting until Spring. These sellers are going to be in competition with a lot of other folks who will be putting their up homes onto the market at the same time. Be smart. Do it now and you might have the only home for sale in your neighborhood? This is a perfect opportunity to sell quickly and for full market value.

2. Quality Buyers – Buyers looking now are serious. Usually they are under some pressure to select a home and buy it quickly. If you can offer a quick possession, we can often negotiate a premium price for you.

3. You Save Time -

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Grandin Village is a condo complex in St Albert. Its very popular for home buyers as it provides a chance to live in a nice part of St Albert, but the units themselves are value priced. At the time of writing there is currently several units for sale priced at $200,000 or below. To see the details for our unit please click on this link.


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Sam and his wife had chosen to downsize. Confident that their home would sell quickly they purchased a new smaller home and moved in. Sam was not eager to pay expensive traditional REALTOR® commissions so he listed with a well-known discount brokerage. Sam was disappointed. He told us that he received very little feedback from his REALTOR® and no offers. After the listing expired, Sam looked around for a service provider that could demonstrate success and that would also be able to save him some money on commission. The flat fee program offered by Ambergate Realty Advisors was the obvious choice.


The team at Ambergate Realty Advisors set Sam up for success by providing solid advice right at the start. After a reasonable

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