It seems that many potential home buyers feel that by working with the listing agent directly they will get a better deal than if they get their own representation. The idea is that since the listing agent will get "both sides" of the commission they will reduce their fees. While in some occasions commission reductions [...]
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One More Reason Your Assessment is not the same as Your Value
Edmonton Sun headline Tuesday January 5: "House Values Plummit." What, did they have sunstroke or something? Turns out the article is referring to city tax assessments dropping on average by 10% this year and it's one more reason homeowners should not consider their city assessment as having anything to do with market value.
I've written about [...]
Title Insurance VS Real Property Reports
This is the third in a series of three articles written by guest author Stan Galbraith of Galbraith Law. The series includes Real Property Reports, Title Insurance, and Real Property Reports vs Title Insurance.
The first article in this series contained a discussion of the full ambit of Real Property Reports (RPR). In summary, they provide certainty as to [...]
Title Insurance – What is it and how does it help me?
This is the second in a series of three articles written by guest author Stan Galbraith of Galbraith Law. The series includes Real Property Reports, Title Insurance, and Real Property Reports vs Title Insurance.
Within the last 10 years, a new insurance product has arrived in Alberta. It is commonly referred to as title insurance.
What is title insurance? [...]
The Real Property Report: What is it and why do I need one?
Guest author Stan Galbraith of Galbraith Law is back! Earlier this year, Stan did a great series of articles for the Edmonton Real Estate Blog on foreclosures. He is back with a series on Real Property Reports and Title Insurance. This is the first of three articles in the series:
What is a Real Property Report (RPR)? And what purpose [...]
Marketing Matters
As I read other real estate blogs I realize why people are skeptical of REALTORS. Only the good information is presentend and the only interpretation is a positive spin. We try to present a balanced picture on this blog, but by nature we’re positive. No matter who you read, one thing for sure is the Edmonton real estate market [...]
What to do when your listing expires
If you're trying to sell your Edmonton home, and your listing expired in the past few months, you're certainly not alone. In fact, since September almost 6000 listings expired in Edmonton – about 50 more listings expired than sold!
In other words, you had a better chance of expiring than you did selling over the [...]
Are you missing the boat?
The week before Last week I had three different clients from different out of town locations, relocating to the Edmonton area for work reasons. Between these buyers I showed about 75 properties. Except for one of these clients, none of them had any real knowledge about the Edmonton real estate market. One buyer lived [...]
How not to sell a property in Edmonton right now
It sucks right now to sell a property with a Tenant. Yes it does. Uh huh, and here’s the proof.
In the past 30 days (as of this morning) There were a total of 619 sales in the Edmonton market. 416 of those were single family and 203 were condos.
Of the 416 single family sales in [...]
Real Estate Red Flags
Here are some phrases you may find on a listing or purchase contract that should raise a red flag in your mind:
"As is, where is"This is a phrase you’ll find commonly on listings that are in foreclosure, an estate sale, in disrepair, not lived in by the seller and many other instances. What this [...]
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Edmonton Home Sellers Stand Their Ground
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Market Value – Just How Much is That Home Worth?
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Prices Catch up to the Market
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Weekly Update on the Edmonton Real Estate Market
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About Us
The Edmonton Real Estate Blog is published by Coldwell Banker Johnston real estate.
The authors, Sara MacLennan and Sheldon Johnston are both licensed real estate associates in the province of Alberta.
The opinions contained herein are those of the authors and are just that - their opinions. For legal information, consult a lawyer. For mortgage information consult a mortgage professional. For tax information consult an accountant. This information is not intended to solicit clients already under contract.
For more information about us visit our website.
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