When I reviewed the market stats yesterday, there was 1799 condos for sale across the whole of Edmonton that’s 4% down when compared to January 2021.

And there were only 1510 single family homes for sale, down 18% on this time last year.

What does this mean for your clients?

  1.     Consider educating them to be more compromising and be ready to pay more than they had hoped for
  2.     Ensure that when you do write an offer you have done some research to find out what the seller actually values and wants, beyond the best price.
  3.     Encourage your clients to consider older listings. Most buyers ignore these assuming they are overpriced or that there is something wrong with them. The price could have been adjusted and might be priced right inline or lower than their condition would dictate. This is where you can find hidden gold.

For other ideas just give a call. I am always happy to help. 780-760-2014 x3

About the author:

You can read more about the author of this blog by clicking this link - Stuart Neal, Broker, Career Coach, REALTOR® & Team Lead.

You can watch and hear Stuart share other ideas on his You Tube Channel: Stuart Neal, Edmonton Real Estate Career Coach.

Follow Stuart on his Facebook coaching page: Stuart Neal, Edmonton Real Estate Career Coach Facebook.

Want more information about becoming a team member or Associate REALTOR® with Ambergate? Call Stuart our broker owner at: 780-760-2014 ext. 3 or go to our Careers page - Ambergate Realty Advisors Careers.

Posted by Stuart Neal on


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