The Edmonton Real Estate Blog

Buying a Home With Help From Your Parents

Over the years I’ve been involved in hundreds of sales where parents were helping their kids buy a property, and I’ve seen that “help” come in many different forms. There are some good ways for parents to help their kids by a home, and some things that should definitely be avoided. So, here are my tips for the best ways […]

Weekly Market Update, Sep. 16/16

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 553 (513, 511, 468) # Sales: 267 (220, 294, 255) Ratio: 48% (43%, 58%, 54%) # Price Changes: 458 (380, 419, 374) # Expired/Off Market Listings: 226 (208, 497, 174) Net loss/gain […]

Condo Prices up in Edmonton in June

After a rather promising May, the real estate market in Edmonton was a bit of a let down in June, the only bright spot being condo prices. Sales of single family homes were down 16% from last June (934 single family home sales were reported). Condo sales have been sluggish all year and although we […]

Bonuses, Kickbacks, and Other Things We Don’t Take

Liv Real Estate agents do not take bonuses from builders or sellers. If a bonus or incentive is offered, we discuss it with our client up front, find out how they want it handled, and either negotiate it off the price or give it to our clients after closing. If you’re not familiar with what […]

The Big Real Estate Debate

I bet you’re thinking the renting vs owning debate, but that’s not the one I’m talking about. I’m talking about the debate within the real estate industry (I can’t even believe it’s a debate) about forced registrations. Forced what??? It refers to websites that require you to register before you get to see what you want […]

Weekly Update, Feb. 19/16

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 512 (479, 578, 436) # Sales: 163 (174, 166, 165) Ratio: 32% (36%, 29%, 38%) # Price Changes: 309 (280, 276, 246) # Expired/Off Market Listings: 170 (175, 360, 154) Net loss/gain […]

Your Home Didn’t Sell, Now What?

The real estate market in Edmonton can be a tough one for sellers right now. Consider this, in 2015, only 54% of MLS® listings in the Greater Edmonton Area actually sold! Think about that, almost half of the listings, didn’t sell last year. If you’re among the 46%, what do you do now? If you’re […]

It’s Not Just About the Price

It’s not always price. CBC Edmonton recently published an article about the real estate market in Edmonton, that could use some commentary and clarification. The article talks about the supply of homes on the market outstripping demand, and gives an example of one couple that had to sell their home for $100,000 less than they were asking. […]

How to Protect Yourself from Shoddy New Home Construction

A recent article in the Calgary Herald brought up a rather scary situation for some Calgary homeowners. The couple in the article bought a new home, from a builder, and moved in last spring. They decided to move to a new home, on “higher ground” because they were hit by the 2013 floods in Calgary and didn’t […]

Big Change for REALTORS® in Edmonton This Weekend

REALTORS® in Edmonton are scrambling this week, and it’s not because of the market. No its because their whole world is about to be turned upside down, inside and out. For the last 10 years, on a daily basis, I and all the other members of the REALTORS® Association of Edmonton, accessed MLS® data through a program called […]

The Case of the Disappearing Fence

“My fence was stolen.” That’s not a call you have to deal with very often, but it’s a call I recently received from a client. It wasn’t April Fool’s Day, my clients weren’t drunk, but they did in fact say: “We woke up this morning, looked out the window, and the fence was gone.” What […]

Leveraging the Power of Ideas

Liv Real Estate partners up with Leverage Global Partners. Leverage is an exclusive group of independent brokers who set themselves apart in their marketplaces, and are leaders in their in innovation and marketing.  Located around the world in places like Beverley Hills, New York City, Paris, London, Tokyo, and now Edmonton, these market leaders are […]

REALTORS® Association of Edmonton Awards go to Two Liv Real Estate Agents

What an exciting time for Liv real estate. As many of you are aware we recently launched our Liv REAL 3D models which are extremely popular, but we have also had some very exciting news. Our very own Sara MacLennan won the “Marketing Excellence Award” for 2014 from the REALTORS® Association of Edmonton. “This is given to a person demonstrates […]

5 reasons to use consumer reviewed and rated agents

Many real estate agents show testimonials from past clients on their web sites and other marketing materials. Less common, are third party verified ratings. The difference is that agents can pick and choose the best testimonials to post on their web sites, and skip the lousy ones, where verified ratings include all responses good or […]

Freak events happen: 6 things to do in a disaster

Even in the best of circumstances something, can go awry. You are just about to take possession of your new property and everything is going great. Negotiations went smoothly and so you expect things to keep rolling along. What happens if something does go terribly wrong just days before possession? A heavy rain that leaks […]

What does oil have to do with real estate prices in Edmonton?

You’ve heard it said many times, many ways (must be listening to too much Christmas music) that Oil has a lot to do with our economy, and now you hear many people saying Oil, Schmoil, we’re a construction town. We tend to be a bit more pragmatic in our view. Since I’m no expert on oil, […]

Buying a new home? Here’s how to make sure all the work gets done

Construction in Edmonton is booming. Dealing with builders in Edmonton in a market environment like this can be tricky business. As I reflect on my own personal experience there are builders you can trust with a handshake and their word is gold, and then there are others… How do you know you are dealing with […]

When’s the right time to disclose a defect?

This is something that has come up a lot in my real estate career in the Edmonton area. Many sellers have a little problem with their home that’s just a little problem to them, that they don’t want to impact their sale. To many buyers these can be bigger deals, and in some case deal breakers as they […]

Beware of Condo Insurance Charge Backs; Protect Yourself

Nothing beats kicking up your heels onto your coffee table and having a cold drink after a long day in your own condo while you enjoy the scenic view. I mean, you’ve done your due diligence right? You had the place inspected professionally, had your condo documents reviewed by professionals, your lender had no issues […]

It worked for me

In 1992, I had plenty of advice when I bought my first property. Especially prominent in that advice was my father (also my broker at the time), who was not too particular about me buying a condo for my first property. The sage advice he gave me was that resale was better on single family homes, and […]