April 2021 RSS Feed

Found 16 blog entries for April 2021.

All markets are different, but in Edmonton and area, REALTOR® services are usually offered the same way across the industry with a few outlying differences.

At first glance hiring a REALTOR® to help you search for and find a home may appear to be free of charge. That’s because your REALTOR® will usually receive a commission in exchange for helping you find and purchase a home or secure an investment.

When you sign a Buyer Brokerage agreement as you must, under provincial legislation, you are promising to protect your REALTOR® and to acknowledge that they will receive compensation for their time and expertise when you close on a transaction.

Usually, the money comes from the proceeds of the sale, or in other words, money that you have brought…

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For many people this is a fretful time. Perhaps you have heard that single family home values across metro Edmonton have gone through the roof. This is true. Values are currently trending at above 10% over last years values. However, there are several factors you should consider before deciding if you will sell now, or wait.

1. It won’t last forever

We are experiencing extremely high demand for single family homes and an inventory shortage perhaps due to worries over COVID. In other words, more and more people see the value in buying some space to keep their families safe, whilst others are saying let’s not move until COVID is over. Once the market moves into a state of equilibrium, values will level off and may eventually drop, perhaps as early…

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Perhaps you are thinking of selling your home privately.

Perhaps you have a relative or a neighbour that wants to buy your home?

Or perhaps as often happens, especially when the market is hot, you find a potential buyer after placing a sign on the lawn, or you ran a Kijijji advertisement?

Before you get too far, please consider the value of engaging with a good REALTOR® and their ability to take your home to the Open Market. Why?

If your goal is to get top dollar, you must go to the Open Market.

1. Your home will be exposed to ALL buyers

Not advertising the home for sale properly and for sufficient time, puts you at distinct a disadvantage and almost guarantees you will not get full market value. Only through the participation of all…

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Full disclosure. I picked up this useful approach from Ninja Selling and it has nothing to do with Harry Potter, but it does work miracles :-)

If your buyer and seller counselling sessions are rigorous enough, you will glean all kinds of information.

Know this. Not all of it will be accurate and sometimes clients will back out for all kinds of reasons from telling you how they really feel or think.

In other words, you will come across 2 kinds of dialogue. External dialogue where folks will simply give you a straight answer you can trust. The second kind of dialogue is internal and it’s this inner narrative that you need to drill into, to learn how your client really feels or thinks about a particular matter or decision.

For example, your…

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For many people, the prospect of selling their home or investment property is daunting. So many questions and worries. Here is a sequential list of how to go about it.

1. Understand your motivation

Do you really want to sell your home? Selling and moving home is perhaps one of the most stressful things we ever do. What will you gain or lose? In general, you may choose to move for one of the following reasons. You need a larger home. You need a smaller home. You need a home elsewhere. Can you articulate what success will look like for you? What will your life look like after your current home has been sold?

2. Prepare your home for sale

Tidying up. De-cluttering and completing some repairs may be necessary. Your REALTOR® may be able to…

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If you have just started your real estate career, or are about to, you may be wondering what’s in store. Know this before you start. The attrition rate for new REALTORS® is high. Between 70% and 75% of new REALTORS® leave the profession within the first 2 years and there are numerous reasons for this. I’m following the careers of many newer REALTORS® and creating a 2-year rolling study, to learn the key reasons why.  Based on discussions so far, here is what I learned about what typically happens during the first 3 months.

1. A feeling of being overwhelmed by the industry onboarding experience. After activating your licence with RECA and joining a brokerage you will need to join the REALTORS® Association of Edmonton (RAE), Alberta Real Estate…

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Looking for a value priced home in Highlands one of the most sought after communities in Edmonton? This roomy 3 bedroom, 3 bathroom home might be what you are looking for. To beat out other buyers in this super hot market read the details here and make an appointment to view without delay. Click here for details: Exclusive Ambergate Realty Listing. 

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