Purrfect Properties Blog

Posts Tagged ‘Re/Max Real Estate Edmonton’

5715 201 Street in the Hamptons – Coming Soon to MLS®

Sunday, July 1st, 2018
Header Shot - 5715 201 Street 2 Storey for Sale in the Hamptons, Edmonton

Header Shot – 5715 201 Street 2 Storey for Sale in the Hamptons, Edmonton

Coming to MLS® and Remax® the first week of July, 2018

$417,500

3 Bedrooms, 2.5 Bathrooms, His and Hers Ensuite, Walk In Closet,

Vaulted Ceilings, 2 Storey Foyer, 2 Car Garage,

Bonus Room, Island Kitchen & Dinette

Contact Jeanine Osborne

REALTOR® with Remax® real estate for more information or to book your showing.

5715 201 Street in the Hamptons For Sale

5715 201 Street in the Hamptons For Sale

5715 201 Street in the Hamptons For Sale

5715 201 Street in the Hamptons For Sale

5715 201 Street in the Hamptons For Sale

5715 201 Street in the Hamptons For Sale

5715 201 Street in the Hamptons For Sale

5715 201 Street in the Hamptons For Sale

5715 201 Street in the Hamptons For Sale

5715 201 Street in the Hamptons For Sale

5715 201 Street in the Hamptons For Sale

5715 201 Street in the Hamptons For Sale

5715 201 Street in the Hamptons For Sale

5715 201 Street in the Hamptons For Sale

5715 201 Street in the Hamptons For Sale

5715 201 Street in the Hamptons For Sale

5715 201 Street in the Hamptons For Sale

5715 201 Street in the Hamptons For Sale

5715 201 Street in the Hamptons For Sale

5715 201 Street in the Hamptons For Sale

5715 201 Street in the Hamptons For Sale

5715 201 Street in the Hamptons For Sale

5715 201 Street in the Hamptons For Sale

5715 201 Street in the Hamptons For Sale

5715 201 Street in the Hamptons For Sale

5715 201 Street in the Hamptons For Sale

5715 201 Street in the Hamptons For Sale

5715 201 Street in the Hamptons For Sale

5715 201 Street in the Hamptons For Sale

5715 201 Street in the Hamptons For Sale

#Remax #OpenHouse in #Glenridding #YEG

Monday, May 28th, 2018
open house in glenridding

open house in glenridding

You’re invited to my next #openhouse #yeg this #sunday #sundayfunday June 3 from 2-4 pm in #glenridding #edmonton 🏡🙏👍🦄🐈 Refreshments will be served. Come and check out this lovely #home in #southwestedmonton
#PurrfectProperties #yegger #yegre #yegrealtor #yegrealestate #yegrealty #remax #realtor #realestate #realtorlife #yegopenhouse

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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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Large and Lovely Bungalow in Glengarry Just Reduced to $336,900

Monday, June 19th, 2017

Just Price Reduced to $336,900 – Large and Lovely Bungalow in Glengarry

Read more about this Home for Sale or watch the video tour here!

Just Reduced! Summer is Sensational with this Big Bungalow. The main level offers a large Living Room and Master Bedroom, 2nd Bedroom, Den, Dinette Kitchen with formal Dining area. Handy Kitchen, featuring a lovely view above double sinks surrounded by cupboards. Entertaining is a breeze with the 2nd stove, fridge, freezer and Dry Bar just downstairs. Play your movies loud in the Recreation Room with cozy gas fireplace. 3 Pc Bath and another large bedroom add to the comforts of the lower level. Lower level Workshop and Laundry area including utility sink and gas dryer. Double Detached, heated garage, plenty of street parking. Beautiful landscaping, tall trees, charming garden beds and gorgeous patio, even an underground sprinkler system.

JUST REDUCED! – Age Restricted Westmount Condo

Monday, June 12th, 2017

THE PRICE IS RIGHT! $169,900 AGE RESTRICTED CONDO FOR SALE IN CALIFORNIAN MANOR

Just the purrfect size in this recently updated one bedroom home at Californian Manor (Adult Living 50+) conveniently located across from Westmount Shopping Centre. Air Conditioning, new flooring and fresh paint add to the charm of this affordable home.

Create a lifestyle by joining the activities on-site including craft room, exercise room and social room.

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Will Selling Your House in Spring help you make a Better Profit?

Tuesday, March 28th, 2017

Edmonton Real Estate Market Reports for March 2017

Spring is here and so is the hot Edmonton Real Estate market.  We have the beginning of warmer and longer days as well as spring cleaning.  Mostly, we are all looking to enjoy our spring break and spring fever…  It’s also a great time for spring house sales.  Does selling in the spring help you make better profits?  Not necessarily and we’ll explain why.

You’ll basically have a 1 in 5 chance of selling in the spring and a 1 in 6 chance of selling in the fall.  So why do folks think Spring is the best time to sell?  I’m not sure, it could have something to do with the fact that REALTORS® are back from holidays and so are sellers.  Folks are looking to get their families moved before the start of the school year and with an average of 5.76 months of inventory with an average of 65 days on market, it’s the best time for families to get moving.

Don’t forget, REALTOR®  services for home buyers is free, so why would you do it on your own?

The highest compliment you can give me is a referral for your friends and family. Thank you for your referrals!

Last February (2016) we had 2,768 new listings come on the market and a total of 6,681 properties for sale.  This February 2,431new listings appeared for a total of 6,108 homes on market, at

5.76 months of inventory.

Last February (2016) a total of 919 of 6,681 homes sold in the Edmonton area.  This February 1,060 of 6,108 SOLD.  Your odds of selling have gotten better!

Average Days on Market – 65, last year we were at 56 days, compared to last year homes are selling 13.65% more slow.

Odds of Selling –17.35%,  compared to last year, your odds of selling increased by 26.30%, compared to last month 22.47% better

Average Selling Price:

     Condo Apartment: $230,661

Condo Townhouse: $348,078

Single Family Dwelling: $427,726 and the

Average selling price in the City of Edmonton is $359,468. Down 0.11% from last year and 0.75% more than last month.

Home Sales by Price Range: The highest percentage of properties are and have the tendency in Edmonton to sell in the $300,000-$399,999 price range, and this year 32.87% of homes have sold in this price range.

What’s new for our city is where second place is.  With the mortgage changes in October, averages for Edmonton families in loan amounts have dropped, while debts have remained the same, squeezing out both ends of the price ranges.  Last year, more folks were buying in the $400-$499,000 range, but this year it has changed.  Second position goes to the $200,000-$299,999 price range at 23.04%.  Third place is the $400,000-$499,999 and 17.81%.

Luxury Market Positioning: Only 12.89% of Edmonton homes have sold over the $500,000 price bracket.

54 Years average of price increase for the City of Edmonton is 6.73%.

Prices have decreased this year by 3.88%. A small reduction in the average market in Edmonton, in comparison to what is going on in the rest of our province.
*stats as of February 28, 2017.

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

To download your full copy of this report – click here.

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®.

The Sign of a REMAX® Agent in Edmonton.

Wednesday, May 4th, 2016

What’s it like working with a REMAX REALTOR?

Check out this little video…

The sign of a REMAX REALTOR in Edmonton, Alberta.

The Magic Behind the Scenes of Trading in Real Estate

Thursday, July 23rd, 2015

“By all accounts, the general public is not aware of all the services that agents provide to sellers and buyers during the course of the transaction, probably because most of the important services are performed behind the scenes.” said Pat Vredevoogd-Combs, past president of the National Association of REALTORS, as she testified before the House Financial Services Committee on Housing to blunt government complaints about industry pricing.

Keep-Calm-and-Call-Your-Realtor

Pat submitted a list of 184 things that listing agents do in every real estate transaction to get the job done. I thought this was awesome, a complete audit of a Real Estate Agent.  I wanted to know how it stacked up to my own systems in place and so I audited my standard operating procedure manual for trading real estate in Edmonton, Alberta.

How much did I do behind the scenes? …The magical part of real estate…

Pre-Listing Activities
1. Make appointment with seller for listing presentation.
2. Send a written or e-mail confirmation of appointment and call to confirm.
3. Review appointment questions.
4. Research all comparable currently listed properties.
5. Research sales activity for past 18 months from Edmonton MLS and public databases.
6. Research “average days on market” for properties similar in type, price and location.
7. Download and review City of Edmonton property tax roll information.
8. Prepare “comparable market analysis” (CMA) to establish market value.
9. Research property’s ownership and deed type.
10. Research property’s public record information for lot size and dimensions.
11. Verify legal description.
12. Research property’s land use coding and deed restrictions.
13. Research property’s current use and zoning.
14. Verify legal names of owner(s) in Alberta Registries.
15. Prepare listing presentation package with above materials.
16. Compile and assemble formal file on property.
17. Review listing appointment checklist to ensure completion of all tasks.

Listing Appointment Presentation
18. Give seller an overview of current market conditions in the Edmonton area.
19. Submit my profile and Remax Real Estate credentials and accomplishments.
20. Present Remax Real Estates’ profile and #1 placement in the Edmonton market.
21. Present CMA results, including comparables, solds, current listings and expireds.
22. Offer professional pricing strategies based on the needs of the Edmonton seller and time frame preferences.
23. Explain market power and benefits of the Edmonton Real Estate Boards’ Multiple Listing Service.
24. Explain market power of Web marketing, IDX and REALTOR.com.
25. Explain REALTORS role in screening qualified buyers.
26. Present and discuss my Pro-Active Approach Marketing Plan.
27. Explain Agency Relationships and establish written approval.
28. Review all clauses in listing contract and obtain written approval.

After Listing Agreement is Signed
29. Review current title information.
30. Confirm lot size via City of Edmonton Public records.
31. Note any and all unrecorded property lines, agreements, easements.
32. Obtain house plans, if applicable and available.
33. Review house plans, make copy.
34. Prepare showing instructions for agents and agree on showing time with seller.
35. Review current appraisal if available.
36. Identify Condo or Home Owner Association manager if applicable.
37. Verify Condo or Home Owner Association fees, if applicable.
38. Order copy of Condo or Home Owner Association bylaws, if applicable.
39. Research electricity availability and supplier’s name and phone number.
40. Research/verify natural gas availability, supplier’s name and phone number.
41. Verify security system, term of service and whether owned or leased.
42. Ascertain need for material latent defect disclosure.
43. Prepare detailed list of property’s “Inclusions & Conveyances with Sale.”
44. Send “Vacancy Checklist” to seller if property is vacant.
45. Explain benefits of Home Owner Warranty to seller.
46. Assist sellers with completion and submission of Home Owner Warranty application.
47. When received, place Warranty in property file for conveyance at time of sale.
48. Verify if property has rental units involved. And if so:
49. Make copies of all leases for retention in listing file.
50. Verify all rents and deposits.
51. Inform tenants of listing and discuss how showings will be handled.
52. Arrange for yard sign installation.
53. Complete “new listing checklist.”
54. Review with seller and suggest improvements for salability.
55. Review Interior Decor Assessment and suggest changes to shorten time on market.

Entering Property in MLS Database
56. Prepare MLS Profile Sheet–I am responsible for QC and accuracy of listing data.
57. Enter property data from Profile Sheet into MLS listing database.
58. Proofread MLS database listing for accuracy, including property placement in mapping function.
59. Add property to Remax Real Estates’ Active Listings.
60. Provide seller with signed copies of Listing Agreement and MLS report.
61. Take more photos for upload into MLS and use in flyers.

Marketing the Listing
62. Create print and Internet ads with seller’s input.
63. Coordinate showings with owners, tenants and other agents. Return all calls–weekends included.
64. Install electronic lockbox. Program with agreed-upon showing time windows.
65. Place New Listing directional signage around home.
66. Prepare mailing and contact list.
67. Order “Just Listed” postcards.
68. Prepare postcards for Canada Post Admail campaign.
69. Delivery of Admail campaign to Canada Post facility.
70. Review comparable MLS listings regularly to ensure property remains competitive in price, terms, conditions and availability.
71. Prepare property marketing brochure.
72. Arrange for printing or copying of supply of marketing brochures or flyers.
73. Place marketing brochures in all Remax Real Estate agent mailboxes.
74. Upload listing to Remax Real Estate, Purrfect-Properties.com, EdmontonRealEstateSells.com and Realtor.com Internet sites.
75. Mail “Just Listed” notice to all neighborhood residents.
76. Provide marketing data to buyers from international relocation networks.
77. Provide marketing data to buyers coming from referral network.
78. Submit ads to Remax participating Internet real estate sites.
79. Convey price changes promptly to all Internet groups.
80. Reprint/supply brochures promptly as needed.
81. Send feedback requests to agents after showings.
82. Discuss feedback from showing agents with seller to determine if changes will accelerate the sale.
83. Promptly enter price changes in MLS listings database.

The Offer and the Contract
84. Receive and review all Offer to Purchase contracts submitted for consideration.
85. Evaluate offer(s) and prepare “net sheet” on each for owner to compare.
86. Counsel seller on offers. Explain merits and weakness of every offer.
87. Contact buyers’ agents to review buyer’s qualifications and discuss offer.
88. Fax/deliver Seller’s Disclosure to buyer’s agent or buyer upon request and prior to offer if possible.
89. Request pre-qualification letter on buyer, if applicable.
90. Negotiate all offers on seller’s behalf, settling time limit for due diligence and closing date.
91. Prepare and convey any counteroffers, acceptance or amendments to buyer’s agent.
92. Communicate copies of contract and all addendums to closing attorney.
93. Communicate final acceptance under correct protocol.
94. Record and promptly deliver buyer’s deposit money into trust account.
95. Deliver copies of fully signed Offer to Purchase contract to sellers.
96. Fax copies of Offer to Purchase contract to lender.
97. Provide copies of signed Offer to Purchase contract for office file.
98. Advise seller in handling additional offers to purchase submitted between contract and closing.
99. Change MLS status to “Sale Pending.”
100. Update transaction management program to show “Sale Pending.”
101. Assist buyer with obtaining financing and follow up as necessary.
102. Deliver unrecorded property information to buyer.
103. Verify mold inspection ordered, if required.

The Loan Process
104. Request and receive written loan approval from financer.

Home Inspection
105. Coordinate buyer’s professional home inspection with seller.
106. Review home inspector’s report.
107. Enter completion into transaction management tracking software program.
108. Ensure seller’s compliance with home inspection clause requirements.
109. Assist seller with identifying and negotiating with trustworthy contractors for required repairs.
110. Negotiate payment and oversee completion of all required repairs on seller’s behalf, if needed.

The Appraisal
111. Coordinate appraisal with Seller.
112. Follow up on appraisal.
113. Enter completion into transaction management program.
114. Assist seller in questioning appraisal report if it seems too low.

Closing Preparations and Duties
115. Make sure contract is signed by all parties.
116. Coordinate closing process with buyer’s agent.
117. Update closing forms and files.
118. Ensure all parties have all forms and information needed to close the sale.
119. Review title insurance from First Canadian Title with Buyer.
120. Coordinate closing with seller’s next purchase, resolving timing issues.
121. Refer sellers to one of the best agents at their destination, if applicable.
121. Coordinate key release meeting.
122. Change MLS status to Sold. Data Entry of all information.

Follow Up After Closing
123. Attempt to clarify and resolve any repair conflicts if buyer is dissatisfied.
123. Follow up regarding transitional items, like mail.
124. Respond to any follow-up calls and provide any additional information required from office files.

My list came up with 124.  The 124 items, that I do, acting as your Remax Real Estate Agent and done for every purchase or sale of a home in Edmonton, for you the buyer or you, the Seller.  Our Edmonton real estate market moves quickly and is always changing. There is only a 1% vacancy rate in Edmonton. This industry is almost always awake. Quick solutions for an Edmonton Home Buyer or Seller are available, and the solution is the Experience, Comprehension, Clarity and Efficiency that REALTORS, bring to your transaction.

Now that’s the Cats Meow in Real Estate.

Edmonton Real Estate Market Report – Spring 2014

Tuesday, April 15th, 2014

The REALTORS® Association of Edmonton, released their first quarter report on April 2nd 2014, the report points towards a very busy spring quarter for the Edmonton real estate market. Sales of all types of residential properties saw growth of 5.8% in the first quarter of 2014 versus the first quarter of 2013. Single family detached sales saw an increase of 5.1%, but the most staggering increase was seen in condo sales with an increase of 11% in the first quarter of 2014. The overall inventory for residential properties was about the only figure on the report to show any negative growth when compared to last year. So what does this all mean for you the consumer? With higher sales and lower month end inventory levels compared to last year we should expect to see an increase in the movements of homes in good neighbourhoods that are priced appropriately. As a seller this is good news, however if you’re a first time home buyer in this market you might have to extend you search area or spend a bit more time looking for that purrfect property. The overall month to month sales prices haven’t seen much change and do seem to be remaining stable, keeping Edmonton’s hot real estate market still in the grasp of most buyers. With most analyst expecting the Bank of Canada lending rates to stay relatively stable well into 2015, this may be just the time you’re looking for to get into the Edmonton real estate market, or maybe its time to upgrade your current house for something that will continue to fit your needs into the future.

And That’s The Cats’ Meow