If I could show you a way to develop your REALTOR® career. Improve some component of your life, or personality, would you be interested?

Long after most folks have abandoned their new year’s resolutions this approach will keep you on track with your REALTOR® career. The folks at Ninja Selling taught me this simple technique a few years ago and it has served me well ever since.

January is a wonderful time to start this exercise. Here’s how it works.

Pick ONE word that sums up what you would like to improve and have it pop up on your calendar every morning, or make a pledge to write it down, or say it aloud every day.

Last year my word was ‘Sharing’. It popped up every day at the foot of my calendar and so often, that I started to hear a…

67 Views, 0 Comments

What exactly is a ‘Sphere of Influence? In simple and effective terms, I would describe it as “a large data base of folks that know like and trust you.”

Most REALTORS® expect to be build a career based on their sphere of influence and management in many brokerages support this belief. Is this a myth? Let’s examine some of the challenges with this singular approach to building a successful REALTOR® career.

Here are three reasons why you might not succeed with your sphere alone.

1. You might lack credibility

Here’s your challenge if you are new to real estate. Most of your ‘sphere’ will think of you as the person in your former work. If you were a dental hygienist, a car mechanic or an oil and gas worker, that’s how your friends and family…

73 Views, 0 Comments

The December market performed strongly and over the entire year, the number of homes sold in 2021 exceeded 2020 by 31%. Simply amazing.

Sales Prices

In December 2021, average sales prices were $383,936 which is a whopping $25,000 MORE (approx.) when compared to December 2020. Sales prices ended at 6% UP when compared to 2020 across the entire year. 

Sales Volume

In December 2020 there were 626 total Edmonton sales registered. This year 773 sales were registered. This is an impressive increase of 23% over the year before.

Days on Market

Buyers continued to boldly compete for homes in December and the average time to sell was only 55 days on the market, compared to 60 days last year.

Average days on market for the entire…

105 Views, 0 Comments

For some REALTORS® the idea of being on a team is counter intuitive. One of the reasons many folks decide to be REALTORS® is to become the masters of their own destiny. However, there are some good reasons to consider a more collaborative approach to your REALTOR® journey.

Let’s look at the cons and then the pros:

Cons

1. You may be expected to attend regular meetings to share your progress and to build a sense of community.

2. Your contribution costs to the team may be higher than if you were to ‘go it alone,’ but the number of transactions and your actual income, will exceed what you could achieve alone.

3. From time to time, you may be asked to cover and support your fellow team members. They will do the same for you when you want…

87 Views, 0 Comments

We are pleased to welcome Carmen LaRose to our team. I asked her recently what made her choose our brokerage. This is what she told me.

1.  What are your top 3 reasons you chose to join Ambergate Realty Advisors?

i)             I chose to join Ambergate Realty Advisor because of the excellent reputation that the brokerage has created over the last 9 years.

ii)            I also felt that I would enjoy a better chance to shine if I were part of a smaller closer-knit independent brokerage in preference to one of the larger franchises, where I would be just a number.

iii)           The final reason is that the main office is in Highlands – Bellevue where I live and Stuart my broker and team lead is able to provide me introductions to many…

110 Views, 0 Comments

COMING SOON! This home will be on the market over the next week, with an asking price of between $720,000 to $730,000 according to the owner.

If you want to see inside this home, please call this office at 780-760-2014 x3 or fill out the contact form below...

Originally owned by Mr. Gullion who hailed from the Orkneys in Scotland, Mr. Gullion came to Edmonton as a former worker for The Hudson’s Bay Company. He purchased one of the river lots. Today the home is listed as a ‘Municipal Historic Resource. You can read more about that program by clicking this link Edmonton Resource Link. There are restrictions on how you can change the exterior. On the inside you will enjoy more leeway subject to program rules.

Based on my tour, I would describe…

732 Views, 0 Comments

I’m following the careers of hundreds of newer industry members to better understand why we lose so many members. According to RAE between 70% and 75% have left the industry within the first 12 months.

I recently interviewed several industry members. I asked a series of questions and below I have shared their answers. As always please call me if you have questions as to how you might improve your career. My office number is 780-760-2014 x3.

Question 1 - In the last 9 months or so what has gone particularly well for you?

“Through my network of professional and personal contacts, I have managed to stay fairly busy through referrals. I am really proud that I received an Outstanding Achievement Award of Excellence for the third quarter”.

89 Views, 0 Comments

I’m building a rolling 2-year study. Because as an industry we lose almost 75% of new industry members here in Edmonton over the first 2 years, I decided to start following many new industry members to learn how their careers developed.

I became concerned because numerous people I spoke to were dipping their toes in the water. They were tentatively launching their REALTOR careers but also holding down a full-time job.

This concerned me. I have always believed that the demands of a REALTORS job demand full time.

Yesterday I launched a survey on a Facebook REALTOR group in Edmonton and the results stunned me.

Note I didn’t ask “Can a person be REALTOR part time?”

Rather, I asked this question:” In your opinion is it possible to launch a…

107 Views, 0 Comments

On a regular basis people to chat with grumble about the high cost of housing. Sometimes they lament for years gone by when everything was so much more affordable. Of course, this is really all in our heads. Of course, everything cost less years ago, but incomes were also much lower too.

A better comparison might be to look at the cost of homes in Edmonton relative to other cities across Canada. Again, on a regular basis I chat with people who have moved to Edmonton from cities like Toronto or Vancouver because its much easier to afford a home at all when compared to those cities. I have also heard that the amount of disposable income (after housing costs) is much higher than in other cities so perhaps we enjoy a higher standard of living too?

I…

92 Views, 0 Comments

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

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.…

188 Views, 0 Comments