Purrfect Properties Blog

Posts Tagged ‘Edmonton Home Sellers Help’

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

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

6 Ways Real Estate Agents Add Value to a Home Sale

Tuesday, May 2nd, 2017
6-ways-a-realtor-adds-vale-to-a-home-sale-in-edmonton_640

6-ways-a-realtor-adds-vale-to-a-home-sale-in-edmonton

Just because you can buy and sell property on your own, it doesn’t mean you should. Real estate agents remain essential when making these pivotal financial transactions.

There are many ways agents add value during the purchase or sale of a home:

  • Handle the technical nuances — Whether you’re the buyer or the seller, a home sale includes a dizzying amount of paperwork. Skilled agents know how to fill out what documents and when, saving you time and helping you avoid mistakes.
  • Speak the lingo — The industry uses an astonishing number of acronyms. Working with a real estate agent gives you the opportunity to better understand the conversation.

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How the Right Words Can Help Sell a Home.

Wednesday, April 26th, 2017

House and neighborhood characteristics can positively influence the sale of your home, but what about the words used in the listing? The right turn of phrase could help your property sell quickly, but choose less descriptive terms and you may find it on the market indefinitely. Write an effective listing with the following tips:

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Prepping for a Home Sale or Purchase in Edmonton.

Thursday, March 30th, 2017

Spring has sprung, which means the housing market is in full bloom. Each year, roughly 40 percent of real estate transactions occur between the months of May and August. If you’re feeling inspired to buy or sell a home soon, make sure you’re prepared. Use these checklists to catch anything you may have missed.

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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

Tips for Selling a Pet Occupied Home.

Wednesday, April 9th, 2014

Selling your home can be a fun process, however it can sometimes also be a little stressful. Selling your home when you have pets offers some extra challenges, what to do with your furry family members while the home is being shown is one of the many questions this Realtor gets asked frequently. Unfortunately, not everyone loves our pets as much as we do. It is important to consider why people may have a negative reaction to our pets so that we can remove any possible barriers in order to sell your home. There are many reasons that some buyers may have such reactions, allergies, fear of certain animals, and smells generally top the list. Here is a list of things to consider when selling your, and your pets home.

What should I do with my pet during the showing?

Some homeowners will get a pet sitter, or bring their pets with them when they leave to allow showings in their home. If this is not an option for you, you may consider putting your furry friend in a crate, in a quiet room to keep them safe and out of the way of the potential buyers. The other advantage to this is that you as a pet owner won’t have to worry about your pets making a mad dash for the door. If your pet is absent then it will not be a distraction for the buyers as they walk through the home.

What should I do with my pets toys during the showings?

The best practice is to remove your pets toys and other accessories that we all have to keep our pets happy. If buyers have to step over toys and have to watch out for water dishes and pet food, this could distract them from seeing the whole potential of your house. Don’t forget to remove those pet beds as well as some buyers may see them as dirty.

What about any smells?

Dealing with pet smells can be a bit tricky. A vacuum will help, but a professional steam cleaning is the most effective way to get rid of smells in the carpet. Stains in the carpet may detract from the overall beauty of your home, use a pet spot remover to help with this, or consider replacing carpet. Bedding is also another place that pet smells tend to linger. If you’re like this Realtor and your pets sleep on the bed don’t forget about cleaning the bedding before a showing. A wash of the walls will also help to give your home a nice clean smell, and don’t forget about those windows. Cat and dog nose prints on the sliding glass door may be just another part of your daily life but it may discourage buyers from seeing your house as their home. Litter boxes should be cleaned daily and puppy training pads should also be removed.

A few final things to remember is to clean up any messes your pets may have left outside, having animal droppings in the backyard will make it seem less welcoming, so don’t forget to clean up the outside as well as the inside of your home. Selling a house with a pet can bring a little extra work, but in the end your extra effort will pay off with the successful sale of your home and hopefully the purchase of a new home for you and your furry family members.

And That’s The Cats’ Meow.

The Catch All Room – Is it Your Challenge to an Edmonton Home Sale?

Sunday, February 17th, 2013

What do we do with a Catch All Room?

Catch All Room Before - Cats Meow at Remax Real Estate

Is this a Challenge to the Sale of Your Home? A photo showing a “Catch All” room before alterations.

 by The Cats Meow at Remax Real Estate – Jeanine Boutet 780 916 9739 – chat@edmontonrealestatesells.com

When Selling Your Home, Each Room Needs A Clearly Defined Purpose. Why?

 The Challenge to a Sale: a room filled with furniture, electronic and office equipment, storage items, paintings, silk plants, etc. household items that are wanted but not used and kept out of the line of sight until the room is opened.  The room does not show well, or shows its dimensions and “feels” cramped, like a “whirlwind” or unusable as a functional family living space.

 Only 10% of buyers can visualize the potential of a space.  If you have a room that is not clearly defined with a specific purpose, buyers are left with an uneasy “Hmm, I don’t get this room.  I wonder what it is.”  They don’t see any value in that space for them and their family!

You are selling square feet.  If you have a catch all room it will give buyers a sense that there is not enough space in the home you are selling.  Buyers will not see value in a space that feels small.  They want to believe they are buying more space for their family.  A family that quite possibly is in a space they are quickly growing out of.

Even worse yet, the clutter feels like discontent.  Buyers want to believe that when the buy your home they are bettering their lives, moving up, beginning a fresh new life in a home that will provide for all their needs.   Clutter creates the opposite feeling, even when it is neat and organized.

The Solution: What do we do with a Catch All Room?

Catch all Room after modifications

The Catch All room after modifications, note the window coverings, flooring, wall colors and trim have not been touched. Even the main furniture in the room remains.

1.  We clear the clutter.

2.  We open up the space.

3.  We stage the room giving it purpose and creating a lifestyle!

What does this achieve?

1.  It shows the 90% of the population the value of this space.  How it could function for the buyers and their family.

2.  It shows buyers just how large the room really is!  What are buyers buying?  They are buying Square footage, space, architectural details and the character of your home.

3.  It shows buyers a sense of lifestyle!  What do buyers want to believe?  That if they move into this house, they will become healthier, have a place for the family to get closer, and that they can entertain overnight guests,… if they want to!

So my suggestion is, to get the top dollar for the sale of one of your properties, make sure each room that serves a main purpose looks that way.  Get rid of the clutter, show the dimensions and show that it is easy to live there. Now that’s the Cats Meow in Real Estate.