Ambergate Edmonton Real Estate Blog

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Twin Brooks is a popular community, but it can be expensive. This home has lots of features and is priced very well. Click here to see this exclusive Ambergate Realty Listing: Ambergate Realty Listing in Twin Brooks. 

To see ALL homes for sale in Twin Brooks click this link: ALL Twin Brooks Homes for Sale.

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A few weeks ago, I talked about the importance of completing a Pre-Mortem, as opposed to setting some simple goals. Here’s a link to my coaching channel video and my blog:

Stuart Neal discusses a Pre-Mortem

and here is the blog 4 Ways to Avoid Failure Blog

The idea behind identifying and articulating your ‘3 Regrets’ each morning is based on the same kind of thinking. I picked up this idea from Jon Cheplak and it has real merit. Please consider using it.

Each day review your calendar or to do list so that can see all the things you need to achieve. Pick out the top 3 that you MUST do. Make sure these 3 things are items that you must absolutely complete today.

Prioritise* them from 1 being must do first, 2 must do next and 3 must do…

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In May, sales prices blew through the roof compared to last year, although sales volume did flatten off. With strong buyer demand during the summer months and lower inventory, we anticipate brisk activity over the next 3 to 6 months.

Sales Values

In May 2021, average sales prices climbed to a record high at $405,047, well above the average price of $395,567 in March. Have we seen the peak for the year? No one knows for sure and certainly in a normal year, we would see sales prices peak in May and June.

Days on Market

Our days on market stat. continues to amaze. Buyers have been snapping up homes ever more quickly since the start of the year. Average days on market in May was only 32 days, compared to 62 days in 2020 and 49 days in…

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We are always pleased to present homes for sale in our community of Highlands Bellevue. Here is our latest and exclusive listing Character Home for Sale. 

To see all homes for sale in Highlands Bellevue click this link: All Highlands Bellevue homes for sale.

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If you have been following the market you have no doubt noted that values are UP. In fact, based on a rolling average, resale prices are about 9% up from January 2021 to the end of May 2021, when compared to the same period last year.

Should you wait before buying your next home? That depends.

If you already own a home and you have interest in moving to a larger home, or a smaller home, I suggest that you focus on your needs first and not worry too much if prices are going up or down.

However, if you are a first-time home buyer this question could be very important. Look at the graph above. Its shows benchmark prices across the Edmonton single family market.

Can you see the 6-year cycle?

From June 2009, which is when sales values…

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Imagine that you have found your dream home. Imagine also that the sellers are reluctant to enter into a purchase contract with you because they have not yet found somewhere to live themselves.

Why not take the pressure off? Consider a sale and leaseback.

How would this work?

Offer to purchase the seller’s home at a certain price and with a possession date that is sooner rather than later.

Agree to let the sellers stay home!

What happens after that? You agree to rent the house back to the seller for a short period of time, for example 2 to 4 months. This will give them some extra time to go about searching for and selecting their next home.

This approach offers you certainty, knowing that your dream home has been secured and that you…

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Are you uncomfortable selling your existing home before you have a new one selected?

Do you crave certainty in terms of knowing how much money you have to invest in your next home?

Why not take the pressure off? Consider a sale and leaseback.

How would this work?

Sell your home to a buyer at a certain price and with a possession date that is sooner rather than later.

Don’t move out!

Instead, you rent the house back from your purchaser for a short period of time, for example 2 to 4 months, whilst you go about searching for and selecting your next home. For your next home, you can negotiate from a position of strength, knowing that you have money in the bank and some time to get organized.

At the end of the rental period, you move…

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In these days of low inventory, multiple offers and nervous home sellers / home buyers it’s important to do something different.

Are your clients missing out in multiple offers or finding sellers that are stuck owning a home they must sell before they buy?

I have already spoken to the subject of increasing the odds of getting your clients offer accepted in the face of other competing offers. You can click here to watch the video or read the blog:

3 Ways to Present Your Clients Offer

Or the video

3 Ways to Present Your Clients Offer Training Video

But today I wanted to share another idea.

The Sale and Leaseback Approach!

Perhaps your buyer is very keen on a certain home, but you have discovered that the home sellers have not…

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Google 5 Star Review

We started talking with Stuart a few years ago when we initially tried selling our house on our own. He had called inquiring about the property. That experience was stressful, unsure, and most importantly, unsuccessful. We ended up keeping the house and renting it out for a few years. Stuart kept in touch through those years and let us know about the market. Fast forward to about 2 months ago, we needed to sell the house, and after looking at the options, we found the team, knowledge, experience, and flat rate that Stuart brought were all amazing, so made our choice hoping that this experience would be better than our previous. We definitely made the right choice. The whole process was very simple and fast. Stuart provided us…

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