It’s a very unfortunate development here in Calgary, but more often we run into condo buildings with special assessments. Old buildings, and even newer buildings, are potentially subject to special assessments. In this article, we will try to pass on more information on this possible nightmare for every condo owner. What is a special assessment?… [Read More]
Sold price vs list price in Calgary Real Estate
Our free monthly market reports for Calgary real estate show how much a home was initially listed for and how much it actually sold for. That difference is translated into a percentage and called the sold price vs list price ratio. If a home sells at list price the ratio shows 100%. If it sells… [Read More]
Getting out of your contract with your listing realtor
When selling your home with a realtor, you must sign a listing agreement. If you want to get out of this agreement before the agreed end date, you must be aware that you cannot just end this agreement unilaterally. Can you get out of your listing contract with your realtor? The short answer to that… [Read More]
How misleading is marketing in real estate?
With more than 5000 licensed realtors, Calgary is a very competitive market for real estate agents. So to ensure they are getting noticed, some realtors devote a huge budget to marketing. However, in our opinion, some real estate marketing is somewhat misleading. Case in point, when are marketing dollars spent on promoting selling a home,… [Read More]
Calgary Moving Homes Tips and Checklist
Moving homes, for most people, means stress, sore backs, lots of arranging and eating lots of pizza. But, when all done, you can enjoy your new home! Start planning your move within or to Calgary as early as possible usually helps! Download our moving check list to help prepare your move, including packing tips…. [Read More]
Why the neighbourhood specialist is no longer the specialist
The term marketing is a bit of a grey area when used in real estate. When are marketing efforts focused on selling your home, and when is marketing intended to promote the realtor? In our opinion, calling oneself the ‘neighbourhood specialist’ is one particular marketing ploy that carries misconceptions. Calling oneself the ‘neighbourhood specialist’ is… [Read More]
Bring your realtor when buying new home from the builder
On April 5, 2020, The CREB published an article, interviewing Ariette, about bringing your own realtor when buying a new home directly from a builder. Read the full article here: Better bargaining: why new-build home buyers should hire a realtor. Realtors vs sales people You are allowed to work with your own realtor when you… [Read More]
Choosing a realtor and brokerage
There are different types of brokerages and realtors in Calgary. Having a few insights may help you decide which brokerage and agent suits you best. About the brokerage The Real Estate Act Rules mention there are different classes in real estate. There is the brokerage, the broker, the associate broker and the associate (which we… [Read More]
Want to live near a Calgary park?
Homes for sale near Calgary’s top parks Calgary has many great parks. And of those, Nose Hill Park and Fish Creek Park are two of the largest urban parks in Canada and North America! For obvious reasons, many Calgarians love to live near a park or greenspace. Hiking, biking, birding and tranquility nearby is great…. [Read More]
Bareland Condominiums in Calgary
In Alberta, there are two types of condominiums: conventional condominiums and bare land condominiums. Conventional condominiums are usually units located within a building. If you own a unit, you have control over your unit within its walls. Most apartment style condos in high-rises and low-rises are considered conventional condominiums, as well as many townhomes. Bare… [Read More]
What does a real estate lawyer do
At some point in the process of buying or selling a home, you will need a lawyer. Here is a general outline of what the real estate lawyer does in the process, and why a good lawyer is important. Again, this is just a very general overview of how the process works in Calgary, where… [Read More]
What is an RPR or Real Property Report?
When selling your house, you need to have an updated RPR, a Real Property Report. This document is an essential document to close the sale of your house. A lawyer will need this RPR a few weeks before closing, but in any case, the earlier the better. In fact, we strive to get this RPR… [Read More]
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