A blog cannot deal with all aspects of a subject and is not intended to replace professional advice. It's purpose is to highlight information and identify areas of possible interest. Anyone wishing to discuss this blog or to make any comments or suggestions about this blog is invited to do so by either posting comments or emailing me directly.

 

 

Seller Secrets for Today's
Calgary Real Estate Market

When it comes to selling your house, you probably want to get the most money you can in the least amount of time, with the least amount of hassle.

 

To help you create the best pricing strategy, we've compiled research and advice from leading experts to give you the very best answers to the most common pricing issues and questions.

 

This is the result of countless hours of market study, including the review of thousands of survey responses, as well as list price and sold price data from literally hundreds of thousands of transactions.

 

And the research is clear: pricing a house for sale correctly from the start is one of the most important factors in ensuring that the house sells quickly and for the highest price possible.

 

The very best agents know the secrets to pricing a house right. And now you will, too.

 

In this video series, we'll explore how the market determines price, the value of improvements, a...

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In today's highly competitive real estate industry, many real estate agents have taken to reducing services in order to remain profitable. With the average real estate agent in the Calgary area only doing 5 or 6 transactions in a year, it's no wonder services are being cut back. Like you, most consumers today are looking for better value for the money they spend for all types of services – not reduced services and ineffective results.

 

Choose your real estate agent or broker carefully whether you're buying or selling real estate. Like with any other service provider, look for value, personal service, commitment, integrity, ethics and results. Here are some of the questions to ask your prospective real estate agent/broker or REALTOR®:

  • Are you a full-service real estate agent/broker and REALTOR®? In addition to real estate, are you also holding down another part-time or full-time job?
  • What is included in a typical agent's "full-service" and what premium services do you...
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What would you do if you had an income tax or legal question regarding $300,000?

Who would you contact? Yes, most of us would find the best accountant or lawyer we could find! A home purchase often far exceeds $300,000 and many buyers don’t take it as seriously as they would a legal or tax concern.

 

Finding a Buyers' Agent should be one of the very first steps you should take before you go finding a home. Let's look in more detail at what an exceptional Buyers Agent will do for you:

  • Represent you and your best interests, not the sellers
  • Respond honestly and accurately to your questions
  • Help you create a plan based on your wants and needs to find you the perfect home
  • Refer you to a lender or mortgage broker that has access to either first-time home buyer programs and/or trade-up buyer programs to find the most favourable loan for your particular situation
  • Using the criteria you provide, they search all possible listings and properties
  • With their experience they can point out the...
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There Currently Exists 2 Types of Agency Relationships in Real Estate Transactions in Alberta.

In a common law agency relationship, the agency relationship exists between the client (a buyer or seller), and the real estate brokerage (company). If both parties to a transaction are represented by the same brokerage, the brokerage has a conflict of interest. Designated agency is a departure from traditional common law agency practices and addresses this conflict. In designated agency, the agency relationship exists between the client and a designated agent(s) from a particular brokerage, and not with the brokerage as a whole.

 

Because the agency relationship is between the client and the designated agent(s), designated agency eliminates the conflicts of interest that commonly occur in a brokerage when two REALTORS® from the same brokerage represent the buyer and seller in the same transaction. Designated agency allows industry members to act as sole agents and provide full fiduciary...

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Neighbourhood of HAWKWOOD Stats as of end of May 2015:

Attached homes (townhouses & side-by-side duplexes):

1 Active

0 Conditionally Sold

------

1 Inventory

1 Sold May 1 - 31

Apartments:

0 Active

0 Conditionally Sold

------

0 Inventory

3 Sold May 1 - 31

Detached homes:

18 Active

1 Conditionally Sold

------

19 Inventory

14 Sold May 1 - 31

1.36 months of supply - Sellers' Market

 

But then we break down the detached homes further:

Detached homes priced UNDER $600,000:

10 Active

1 Conditionally Sold

------

11 Inventory

12 Sold May 1 - 31

1.09 months of supply - SELLERS' Market

Detached homes priced OVER $600,000:

8 Active

0 Conditionally Sold

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8 Inventory

2 Sold May 1 - 31

4.00 months of supply - BUYERS' Market

 

Market Statistics Source: CREB [Calgary Real Estate Board Co-operative]

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Data supplied by CREB®’s MLS ® System. CREB® is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.