Situation

Jess and Brandon needed to sell in a hurry. This home is on one of the nicest streets in the sought-after Highlands community. As savvy consumers, Jess and Brandon saw no point in even considering an expensive traditional REALTOR®.

Result

Vital Home Realty launched our exclusive 5 Phase Marketing Program and after 22 days, we had the house under contract for full market value. We also managed to shave off more than $6400 in real estate commissions.

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I get it. Your existing home is too small, or you want to move somewhere else.

So you want a Realtor® to help you compile a list of dream homes and go out shopping for a new house, before even thinking about selling your old one. And when you find the right home, you will require that the seller signs a contract ‘Subject to The Sale of Existing Home’ Right? Wrong!

This is not the way to do it.

Unless you are searching for something very specific and unless you can own 2 houses simultaneously, you cannot move house this way. Here’s why:

1. The odds of you selling quickly and for full market value are not high. Only about 55% of homes listed on the Edmonton MLS® System sell in term. Why would a home seller adopt your problem, unless they…

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Metro Edmonton *

Qtr. 2 2014

Qtr. 2 2015

Change

Number of Homes & Condos Sold

5540

5081

-8%

Average Prices

$379,588

$390,038

+3%

Days on Market

35

43

+8 days

* Source Edmonton MLS System Edmonton, Sherwood Park & St Albert

You’ve read everything online, watched television and perhaps even read in the newspaper that our economy is challenged and that house prices are coming down.

Whilst this may be true in the market from where most of this news emanates, ie. Toronto and Vancouver, I don’t think it’s true here in metro Edmonton. Quarter 2 results prove my point. Sales…

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Situation

Joanna and Mertz had tried to sell their home in Webber Greens with Comfree, but they had not been successful. They were attracted to the Vital Home Realty program because it offered the best of both worlds. Top quality advice and marketing, combined with commission savings.

Result

The team at Vital Home Realty got to work and started to market the home. In a reasonably brief time - frame, we sold the home for 98 % of list price & saved Joanna and John more than $8500 in commissions.

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Situation

Charmaine and William spend most of their time living in the far north running a mechanical repair business. The used the condo as a resting place only when they come into town. The condo was not worth a great deal of money and therefore paying a traditional real estate commission just made no sense. Charmaine decided to try advertising on Kijji for a while. Unfortunately, the only interest she received was from predatory buyers making low ball offers, or in one case a person wanted to a do a ‘rent to own’ program. Neither of these options appealed to Charmaine and William. Hiring Vital Home Realty to do the job made sense on 2 levels. Our office was very close to this unit in Cromdale and second our lowest cost fee structure.

Result

…

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Situation

Jusuf was under the gun. He and his wife had contracted to purchase a new home from Pacesetter. They desperately needed to sell this one quickly and for full market value.

Result

We sold the house in only 28 days and negotiated 98.8% of list price. We also saved Jusuf thousands of dollars, when compared to expensive traditional REALTORS®. 

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General Comments

Construction of the Quest building was completed in 2009. The builder was Regency Developments. This distinctive 22 floor concrete building is close to many of the sought after amenities in the downtown core including MacEwan University, the new arena and many restaurants. You can catch a bus right outside the front door. Regency Developments was aiming for a luxury experience when they created the Quest. Most units have hardwood floors, granite counter tops and stainless appliances. Many units have balcony views across the city skyline. All balconies come equipped with gas lines for barbecues. Condo owners in the Quest receive one titled heated underground parking stall as part of their purchase. Guests can park underground or at…

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Situation

Robert and Susan Kreller needed to downsize and Robert in particular was not eager to payout over $20,000 in commissions to a traditional REALTOR® . Robert saw one of our signs in his Sherwood Park neighborhood and called us for details. After receiving a one on one consult at their home, Robert and Susan decided to hire Vital Home Realty.

Result

Marketing this home had challenges. It was situated right at the entrance to the neighborhood and there was lots of traffic. This made for a tough sell to families with small children. However, despite the challenges, the Ambergate home sellers program delivered the result that Susan and Robert were looking for. The home sold for 99.83 % of list price and we saved our clients almost $5000…

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General Comments

Jasper House represents the first foray by Lamb Development Corp. into the Edmonton condo market. At the time of writing, (May 17, 2015) and according to the staff in the sales suite, the building is about 30% sold. We understand that the developer needs to see 50% of the units sold before construction will begin. We also understand that if things go to plan, construction will commence in the fall of 2015 with completion by 2018.

The building will be constructed primarily of concrete and comprise 287 units across 37 floors.

Overview

The Jasper House facade at street level will be modern, featuring long clean windows. Above the first few floors, the building will feature an outer skin of steel and glass. For Jasper House,…

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General Comments

The Alta Vista in Railtown towers were built by Christensen Developments in a postmodern style. Construction of the north tower commenced in 2004 and was completed in 2005. The south tower was completed in 2008. Residents of these concrete constructed 12 floor towers enjoy underground parking, storage, a gym, a guest suite and close proximity to all of the amenities in the Edmonton downtown core. Note that this is an 18+ complex. Pets are allowed with board approval. 

Market Overview

At the time of writing, (May 13th, 2015) there are 15 units for sale across both towers, for an average value of $423,266. The least expensive unit is priced at $328,000 and the most expensive is $649,900.

Over the last 12 months the…

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