Purrfect Properties Blog

Posts Tagged ‘Cats Meow at Remax’

Edmonton: Saving the Commissions could Cost You Thousands!

Monday, May 28th, 2018
Saving the Commissions could cost you thousands

Saving the Commissions could cost you thousands

What is the largest single advantage of trying to sell your home yourself?

Saving the commissions payable.  So what is the single greatest advantage of buying a home directly from a seller or for sale by owner?  Saving the commission again. So everyone wants to save on the commissions, but who has the advantage in Edmonton- a Buyer or a Seller? Only 15% of homes currently on the market will sell within the first 90 days in Edmonton.  So clearly, a buyers market.  That being said, is the advantage on the sellers side with only one property to sell, or on the buyers side with multiple properties they could buy and the money to do so?

That’s right, the Buyer has the power.

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How Does a REALTOR® know it is Spring?

Monday, April 2nd, 2018
How does a REALTOR® know it's Spring?

How does a REALTOR® know it’s Spring?

Her last three deals were all #multipleoffers … lol #yegre #remaxhustle #realtorlife

14621 – 121 Street – Pending in #YEG – #YEGRE

Monday, April 2nd, 2018
14621 - 121 Street - Pending in #YEG - #YEGRE

14621 – 121 Street – Pending in #YEG – #YEGRE

 

 

purrfect_properties_edmonton #pending #yegre #remaxhustle #realtorlife #springmarket #realty #callaghan #Caernarvon

Thanks to great work from Shelley Confurious of Professional Realty Group.

 

So happy that these clients can finally move onto their dream home in Calgary.  Deposit is in and now we hurry up and wait.

 

Remax #YEG Market Share – 2017 Year Totals

Sunday, April 1st, 2018
Remax #YEG Market Share - 2017 Year Totals

Remax #YEG Market Share – 2017 Year Totals

Wondering who you should list or buy your home with?  I hope this chart helps you to make an informed decision.  Do the numbers show a good return on your investment as the Seller or Buyer?  Will you have an experienced Agent?

RE/MAX – 975 Members – 43.75% Total Market Share

Royal Lepage – 346 Members – 10.71% Market Share

Realty Executives – 111 Members – 9.22% Market Share

Century 21 – 317 Members – 7.65% Market Share

Maxwell Realty – 496 Members – 5.54% Market Share

Homes & Garden – 224 Members – 1.98% Market Share

Comfree – 14 Members – 1.97% Market Share

Now Real Estate – 106 Members – 1.72% Market Share

2% Realty – 23 Members – 1.35% Market Share

Coldwell Banker – 40 Members 1.29% Market Share

 

Whether buying or selling your home, you have several decisions to make.

Should you work with a REALTOR®? Which real estate company will provide the best value? Which REALTOR® within that company will be best suited to help you through the process?

We reached out to the RE/MAX Influencers: A panel consisting of RE/MAX Sales Associates from throughout Canada. We asked them: Why should a consumer work with RE/MAX when he/she has so many options out there?

The Brand

Chances are, you would have a hard time finding someone who has never heard of “RE/MAX.” With 100,000 Sales Associates in nearly 100 countries worldwide, the RE/MAX name—along with the iconic balloon—represents a professional organization that has become an industry leader.

RE/MAX also advertises through many mediums, including: Television, print, online and physical signs such as NHL rink boards. This high level of exposure will go to work for you when listing your property. Many RE/MAX Sales Associates are also affiliated with the Children’s Miracle Network; therefore, the sale of a RE/MAX Miracle Home will help support your local children’s hospital. According to ComScore, RE/MAX Canada also leads other real estate brands with its significant traffic to remax.ca.

“In an uncertain market, consumers become less speculative. Instead, they rely on proven brands to reinforce their efforts to manage one of their most important investments. They rely on the experience and expertise that has made RE/MAX one of the most recognizable brands in the real estate world.”

Sales Associates

RE/MAX Sales Associates have the experience to get the job done in today’s market.

The vast majority of our membership are full-time agents who are experts in their local communities. They work hard and are committed to help their clients through the home buying or selling process. *RE/MAX agents sell more real estate than any other Canadian brand.

“RE/MAX is often a collection of the top REALTORS® in any given marketplace. RE/MAX also has an international network: This type of network could be where the buyer of my client’s home comes from.”

Training and Support

RE/MAX supports all of its Sales Associates with comprehensive training and ongoing support.

Our affiliates are highly skilled and educated, and they have the latest tools and technology at their fingertips. They are motivated to put this knowledge and experience to work for you!

*Source: MMR Strategy Group study to RE Buyers & Sellers

Just Reduced in Caernarvon!

Tuesday, December 12th, 2017
Caernarvon Keep - 2 Storey Townhome for Sale in Edmonton - Just Reduced

Caernarvon Keep – 2 Storey Townhome for Sale in Edmonton – Just Reduced

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Just Reduced and the Price is Right!

Thursday, November 23rd, 2017

Just Reduced Condo for sale in the Aristocrat, Edmonton

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Should you Buy a Fixer-Upper or a Move-In Ready Home?

Tuesday, April 18th, 2017

Shows like HGTV’s “Fixer Upper” have popularized the idea of buying and renovating the worst house on the best block. Homes that need major remodeling, however, aren’t for everyone. Sometimes a move-in ready house is a better option. Whether you’re a first-time homebuyer or a seasoned investor, it’s important to understand the pros and cons of each.

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Why should You do business with a Remax® REALTOR®?

Tuesday, January 31st, 2017

RE/MAX® versus the Edmonton Real Estate Industry

RE/MAX® holds the number one position in Edmonton with 41.72% of all sales in Edmonton involving a REMAX® REALTOR®.

Will Christmas Decorating help you Sell for More Money?

Monday, December 19th, 2016

Dear Friends,

Are you selling over the Christmas holidays and looking for a way to increase your bottom line?  Christmas staging, mught just be the edge that you need to push past your competitors who are also selling.  I believe the trick has to do much more with how little Christmas staging you do rather than how much.

I like negative space,  we (in our home) even decorated our Christmas Tree using negative theme this year:Christmas Staging while selling your house

I think a Seller can get away with keeping decorations up during the holidays and the more emotion and feeling that your strike in your Buyer the better your chances are of selling.  Beautiful decorations have a beautiful feel and any stager would tell you, it’s in the details with your sale. Get them to feel like they are home in your house and you’ve pretty much made their top 5 list.  The following are some really great examples of homes that I think would sell for more money, using well spaced (negative) Christmas Decorations:

Christmas Staged Home 1

Christmas Staged Home ideas while selling

Note the added opulence feel thriugh the use of added fabrics, Champagne, crystal and warmth with both candles and fire.

Christmas Staged Home 2

Christmas Staged Home while selling

Note how the clean, cold lines of the room are contrasted by the gleaming floors and cozy burning fireplace.

Christmas Staged Home 3

Christmas Staged Home while selling

This is a beautiful example of Christmas in Contrast with an already elegant room.  Sparse decorations were needed, but the overall effect gives you a mossy glow of winter warmth,  Where’s the cranberries on a stick? lol

Christmas Staged Home 4

Christmas Staged Home while selling

Obviously, this one gets us in the feels.

Christmas Staged Home 5:

Christmas Staged Home while selling

We are a few days away from the holidays and closing the exciting year of 2016.  We hope you enjoy the holidays with your loved ones and take this time to be grateful for all the blessings we have received this year. And now for the reports:

Edmonton Real Estate Market Reports December 2016

*stats as of November 31, 2016

We are  continuing this years trend with an abundance of properties for sale, folks wanting to move, and 6.64 months of inventory in a Buyers Market. This November 1,825 new listings appeared for a total of 6,493 HOMES ON MARKET.  Last November (2015) we had 1,919 new listings come on the market and a total of 6,043 properties for sale.

This November 978 SOLD.  Last November (2015) a total of 1,162 homes sold in the Edmonton area. Compared to last year there are about 4.9% less listings to compete with.

The average SOLD price in the City of Edmonton is $373,174

Up 1.11% from last year and up 2.31% from last month.

0.64% of Homes in Edmonton Sell over the $1,000,000 Price Range.

Average Days on Market – 63 … last year 58

Odds of Selling -15.06% 978 out of 6,493 listed, down 21.48% from last year, down 19.98% from last month

Average Selling Price:

     Condo Apartment: $241,569

     Condo Townhouse: $353,818

     Single Family Dwelling: $440,496 and the

Home Sales by Price Range: 34.38% of homes sold in this price range of $300,000-$399,999.

20% of Homes sell in the price ranges on both ends of the first.

54 Years average of price increase for the City of Edmonton is 6.86%.

Prices have gone up for this year by 0.32%.

Want market information about listings in your area or a free market anaylsis for your home?  Sign up here.

As always, we are here to support you with whatever real estate concerns or needs you have.  Yoru referrals are always welcome and appreciated.

Merry Christmas,

Jeanine

Will the Foreign Investor Tax Help You Buy Property?

Wednesday, November 23rd, 2016

If you’ve been watching the headlines, you’ll know that there is a lot of frustration with regards to two large Real Estate Markets in Canada.  One is Vancouver and the other is Toronto.  Recently the BC Government introduced a 15% Foreign Investor tax on property purchasers in B.C.  Christy Clark can be heard saying ‘that is the impact we wanted to have.’  To cool their Red Hot real estate market and that’s just what they did. According to data released by the B.C. government, billions of dollars in Metro Vancouver real estate deals dried up and almost overnight.

In fact, on the last day before the changes came into effect, 55% of all purchases were done so by foreign investors.  Probably some good, but most likely moreso just more buyers to add frustration into an already highly overinflated market area, where the regular Canadian cannot afford to buy a home. Instead, these homes sit vacant and derelict, causing rental and property prices to rise. It’s great what B.C. did, but did you know that China took action against B.C. and their politics first?  That’s right, China said they were going to come to Canada and sue to get their money back.  It is unprecedented and has been put forth to show an example to their own citizens.

The Chinese plaintiffs are asking B.C. judges to enforce monetary judgments awarded in Chinese courts. These Chinese rulings typically involve people found in China to have defrauded Chinese banks or business partners and then fled to Canada with the money and invested in real estate here. Billions of dollars of bank faud proceeds are alleged to be invested in BC, while Lawyers in Vancouver say they are seeing a substantial increase in B.C. court cases filed by Chinese companies seeking to seize real estate assets from Chinese immigrants in B.C.

Perhaps B.C. didn’t want all the attention they were getting, as they decided to help China and Canadians out by adding another tax to your total when buying in B.C.  The Greater Vancouver Real Estate Board revealed the number of homes being sold had dropped significantly and prices had stalled since it came into effect.  See below:

In the end, China coming in to sue for recovery of money will show some foreign investors that if they would like to own property in Canada, they should do it with their own money.  A wee ocean isn’t that much to cross to get back a few million.  The changes to mortgage loan values, as well as the vacancy tax starting in January for Vancouver, all help Canadians such as you and I buy and keep our properties.  Canadians who had to work for their millions and mansions. Right on China, Right on B.C.

Now that’s the Cats’ Meow in Real Estate.