Limited service companies are often erroneously refered to as discount brokerages; the difference lies in the representation. With most limited service companies you are not a client but a customer, and therefore they cannot offer you any advice (if they do you become a client and then they owe all of the fiduciary duties that go with being a client). On the [...]
Limited Service Surprise
by Sheldon Johnston on 17. May, 2012 in For Sale By Owner, Tips for Home Owners
Size Does Matter
by Sheldon Johnston on 09. Aug, 2011 in For Sale By Owner, Investing in Alberta Real Estate, Tips for Home Buyers, Tips for Home Owners
I have been misled at times in my younger life that size doesn’t matter, but when you are looking at building on a lot it really does matter. A few months back a property in the University area came up that was perfect for a building a duplex on. Technically it was a lot and a half and [...]
CREA VS The Bureau…Much Ado about nothing
by Sheldon Johnston on 25. Oct, 2010 in Canadian Real Estate, For Sale By Owner, Real Estate Law
It’s official, CREA (Canadian Real Estate Association) ratified an agreement with the competition bureau on behalf of its members. I’ve been mum on the subject here on the blog, up until now.
Propertywire.ca reported yesterday that the winds of change were blowing in St John’s where CREA had its meeting. They go on to say that "at the very least [...]
Do you really get a deal when you buy through the listing agent?
by Sheldon Johnston and Sara MacLennan on 03. Feb, 2010 in For Sale By Owner, Tips for Home Buyers
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 do occur, it rarely means [...]
One More Reason Your Assessment is not the same as Your Value
by Sheldon Johnston and Sara MacLennan on 06. Jan, 2010 in Around Edmonton, Edmonton Real Estate Market, For Sale By Owner
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 this before but I still [...]
Title Insurance VS Real Property Reports
by Sheldon Johnston and Sara MacLennan on 27. Jul, 2009 in For Sale By Owner, Real Estate Law, Tips for Home Buyers, Tips for Home Owners
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 all exterior matters such as [...]
Title Insurance – What is it and how does it help me?
by Sheldon Johnston and Sara MacLennan on 07. Jul, 2009 in For Sale By Owner, Real Estate Law, Tips for Home Buyers, Tips for Home Owners
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? This product was never available [...]
The Real Property Report: What is it and why do I need one?
by Sheldon Johnston and Sara MacLennan on 24. Jun, 2009 in For Sale By Owner, Real Estate Law, Tips for Home Buyers, Tips for Home Owners
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 does it serve in a [...]
Marketing Matters
by Sheldon on 17. Mar, 2009 in For Sale By Owner, Tips for Home Owners
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 is tough right now in [...]
What to do when your listing expires
by Sheldon Johnston and Sara MacLennan on 04. Jan, 2009 in For Sale By Owner, Tips for Home Owners
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 past few months. If you're [...]
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The Edmonton Real Estate Blog is written by Sheldon Johnston and Sara MacLennan of Coldwell Banker Johnston real estate; both are licensed real estate associates in the Province of Alberta.
Aside from blogging, Sheldon manages the brokerage and assists clients buying and selling real estate in the Edmonton area, while Sara focuses on marketing and business development. If you're thinking of buying or selling real estate, or if you're interested in a career with one of Edmonton's most successful teams, contact them at blog@teamjohnston.com.
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.
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