Posts Tagged ‘edmonton home sellers’

Market Share: RE/MAX Dominates Edmonton Real Estate

Monday, March 30th, 2015

RE/MAX Edmonton Real Estate Market Share 2014

So, finally, the figures are out! In an independent research for done for year end 2014, the statistics (Listing sold, MLS) show that RE/MAX holds 41.4% of the Edmonton real estate market share. That is more than our next 3 combined competitors!

Just in case you’ve not been following our recent blogs (hope you do now), according to RE/MAX Western Canada, Team Leading Edge was the No. 1 RE/MAX real estate team from Edmonton for the month of February 2015

Again, it just goes to show how dedicated all RE/MAX Realtors are and how Team Leading Edge is bent on providing the best quality real estate service for all Edmontonians.

In the next few weeks, we’ll be rolling out upgrades into our websites to provide faster access into the market, so do visit our sister site Edmonton-Real-Estate.com to be on the loop!

If you’re looking for your dream home, let us help find it through our new and improved Edmonton MLS listings and remember to call us at 780-634-8151. We’d love to help make that dream home, a reality!

Edmonton Home Sellers: Here’s Your Selling Tip For Spring 2015

Thursday, March 26th, 2015

Edmonton Home Sellers: Here’s Your Selling Tip For Spring 2015

Here at Team Leading Edge, we’ve kind of always have a short list of things to do for your home. From home renovation to mortgage loans to what furniture is best for what house (Check out our Pinterest board).

Now, I’ve been wondering if those list have any impact on our readers-and clients. As I have found out this week, it was a pleasant surprise to know that there was! Woohoo!

The team just sold 4 properties last week and according to RE/MAX Western Canada, Team Leading Edge was the No. 1 RE/MAX real estate team from Edmonton for the month of February 2015-a big feat for a small team.

So, what was to connection with the team selling more and the articles on our blog? We’ll, to keep it short, our articles gave our readers and clients the knowledge on how to prep their home properly before listing it in the local Edmonton MLS.

It’s that simple but it works!

I guess today is a good day to discuss ways on how to prep your home for the spring season-that is, if you’re thinking of seriously selling it.

The spring season is synonymous to the fast-paced selling cycle. “FOR SALE” signs will pop-up across your neighborhood, I guarantee it!

The low interest rate environment in the city also fuels the home buying mentality. Edmontonians are taking advantage of the situation, and so should you!

Here are a few thing that will help you get a head of the competition. It’s very easy but a lot of people always ignore it.

GENERAL CLEANING: We’ll start with the most obvious. This is the best time to clean your entire house, from top to bottom-in and out. Have the furnace filter cleaned, the grout removed, the windows cleaned and maybe even put on a fresh coat of paint.

You also need to consider hiring a landscaper to put on a professional look on your front and backyard.

NO MORE CLUTTER: Simple as that. Pack your winter clothes to give that “spacious” effect on the closet. Remove all the unnecessary stuff from the rooms. People who would like to buy your home needs to see that it’s all the space they need for their personal things.

It’s going to be there home for the next 10-20 years so you should let them imagine where they would put their things when they come to view the property-THAT’S A CLOSER RIGHT THERE!

FRESH PAINT: If you have extra cash, consider putting on a fresh coat of paint. It’ll give potential buyers the sensation that the house and new and ready for them.

Do note that you should not go with extreme colors, just play the neutral color game.

PRICE CORRECTION: Most first time home sellers make this mistake. They raise the selling price too high that serious buyers-fall back and get turned off. You know, it’s like the feeling of being scammed or something. We don’t like that, heck! You don’t like that feeling!

Your price needs to be competitive, yes, but it also needs to be fair. Now, don’t worry. Realtors, such as our team provide free home market analysis report (HMA report as we call it in our little real estate world). This HMA will give you a clear picture of how much your home is worth-its fair market value. That’s how far the team will go in providing the best service for you.

If you follow these simple things, selling your home would be a breeze. Preparation invites success. Success should be for you. Call the team and let’s get you started in selling that home!

REPORT: Edmonton Spring Sales Pick Up. Home Prices Remain Strong

Monday, March 16th, 2015

housepricePrices Remain Strong as Spring Sales Pick Up.

Average prices maintained positive growth month over month and year over year in the Edmonton Census Metropolitan Area (CMA) market. The all residential price was up a mere $38 from January (up almost 1 percent from February 2014). Single family houses averaged $430,770 up 0.84% over January and 1.17% over the same month last year. Condo prices continued upward with a 1.2% increase over January and 4.7% increase from February 2014. Duplex and Rowhouses were down 10.55% from January but are up 0.68% from the prior year.

For a complete list of available Edmonton homes for sale, check out our new and improved Edmonton MLS listings.

“We are starting to see sales numbers increase as we enter the spring season. It is common to see sales start to ramp up in February.” REALTORS® Association of Edmonton President Geneva Tetreault explains, “It’s a positive sign to see that even though listings are up and sales are down from last year that prices remain stable and even slightly up from February 2014.”

Residential listings are up 4 percent compared to January. 2,403 new residential listings came on the MLS® System for the Edmonton CMA last month compared to 1,955 new listings in February 2014. Sales for February were 931 – up almost 40 percent over January and down 17 percent from the same time last year. Inventory sits at 5,008 residential listings for the Edmonton CMA.

“Another positive indicator is that our average days on market for all residential types were down to just 48 days compared to 58 days last month. With a healthy inventory, continued low interest rates, and stable pricing, we expect sales to continue to grow through the spring into the summer,” says Tetreault. “REALTORS® are ready to help guide people through all the mixed messaging out there about our real estate market and help their clients make the move that is right for them.”

Over 384 million dollars in residential sales through the REALTORS® Association of Edmonton occurred in February 2015.

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1 Census Metropolitan Area (Edmonton and surrounding municipalities)
2 Single Family Dwelling
3 The total value of sales in a category divided by the number of properties sold
4 The middle figure in a list of all sales prices
5 Residential includes SFD, condos and duplex/row houses.
6 Includes residential, rural and commercial sales

3 Average prices indicate market trends only. They do not reflect actual changes for a particular property, which may vary from house to house and area to area. Prior period sales figures have been adjusted to include late reported sales and cancellations and therefore reflect a more accurate view of the period than previously reported at month end. The RAE trading area includes communities beyond the CMA (Census Metropolitan Area) and therefore average and median prices may include sold properties outside the CMA. For information on a specific area, contact your local REALTOR®.

This article originally appeared on REALTOR® Association of Edmonton.

OPEN HOUSE: WALKER 2-STOREY | $480,000 ONLY

Saturday, March 14th, 2015

edmonton walker open house

COME ONE! COME ALL!

Open House Sunday March 15th
Time: 2 – 4 pm
Address: 1713 – 63A St. SW
Price $480,000

For more details, click here.

The Trusted Edmonton Real Estate Specialists 2015

Thursday, March 12th, 2015

Edmonton Trusted Real Estate Team

The awards and recognition are humbling. Team Leading Edge have established itself as one of the trusted real estate specialist in  the beautiful city of Edmonton.

Led by Serge and JP, the team is trail blazing its way in the industry-being recognized as RE/MAX Western Canada’s Top Real Estate Teams.

To access Edmontons real estate market, the team have a new and improved Edmonton MLS listings.

Call us at 780.634.8151 for any and all of your real estate concerns.

Work only with the trusted professionals. Work with Team Leading Edge.

35 Years of Edmonton Real Estate Service

Wednesday, March 11th, 2015

Edmonton Realtor

CELEBRATING 25 YEARS OF EXCELLENT EDMONTON REAL ESTATE SERVICE

Team Leading Edge take pride in having Edythe Esch, one of the team’s veteran Realtor, provide her service and expertise to Edmontonians, helping each and everyone have a hassle free real estate experience.

With over a hundred Edmonton homes for sale on our MLS listings, living in your dream home would now be a reality!

Start the journey here.

Don’t forget to call us, we’re here for you 24/7

780-634-8151

FOR SALE: West Edmonton Bungalow

Tuesday, March 10th, 2015

West Edmonton Real Estate

Coming Soon on Edmonton MLS listings for $370,000. West Edmonton renovated bungalow with fully finished basement, heated oversized garage, and RV pad. Located close to schools, community centre, and swimming pool. With quick access to downtown and all amenities this one won’t last long.

For more information call Team Leading Edge @ 780-634-8151

2015 Spring Edmonton Home Sellers: How To Sell It Fast

Monday, March 9th, 2015

2015 Spring Home Sellers: How To Sell It Fast

First impressions last! Yes! In this article, we discuss why putting priority in improving your Edmonton homes curb appeal is very important.

As an Edmonton home seller, you may fell overpowered with planning errands. First time home sellers always come to a point where there is overwhelming uncertainty as to where to invest time and cash, before having the house listed in the Edmonton MLS listings (before spring time).

Here are a few pointers where your efforts and resources would mean a lot in having the home sold fast!

1. Some dislike yard work. You don’t need a home buyer put off on the grounds that they are worried about needing to repaint the outside or supplant siding immediately. This is particularly genuine on the off chance that you have a more seasoned home. Keep in mind that more seasoned homes are sought after in the Twin Cities and purchasers will pay a considerable measure for them.

2. It offers dealers their most obvious opportunity to make the early introductions of your home yell “goodness” to potential home purchasers. Verify your home really gives potential purchasers motivation to stop and take pictures on their telephone. Numerous people find their optimal home in the wake of driving by a house available to be purchased and recognizing a sign.

3. Partner Home’s Exterior to Interior – Home purchasers relate how well the outside of a home and its scene with the state of the home’s inside. It offers a feeling of certification that whoever possesses this house is in control. Planned home purchasers can be careful about homes that look is disorder. They never realize what else that they can’t see may have fallen into a risky state, as well.

4. Shows Well-Lived In And Cared For – Your Edmonton home’s control offer must welcome home buyers to view the inside of the house. In the event that jumble and flotsam and jetsam give the feeling that nobody has lived in the home to tend to it for quite a while, it may send individuals away.

5. Sets Level of Acceptance – Curb request, sets the level of acknowledgement of an eventual purchaser’s carriage for your whole home. Studies demonstrate that the individuals who see your home’s control advance positively, likewise increase a good impression of the dealer. Everybody needs to captivate a reasonable individual who is a joy to arrange with amid setting the terms of a buy understanding. You may end up expecting to demand an alternate shutting date to suit your timetable or need to burrow and move some treasure plants in your enclosure. It is best to dependably begin by introducing your individual picture well as well.

6. Offers a Home Faster – Curb advance can mean the contrast between a home that offers rapidly at a great cost and a home that drags to offer and winds up trying for beneath the first cost. In the event that your arranging is in urgent need of trimming and evacuating garbage, a purchaser may request you to fare thee well it anybody. A home that tasks how charming it will be for outside picnics, amusing visitors, and unwinding snippets of delight at home will offer better.

7. Speaks to Move-in Immediately Buyers – A clean and decently introduced home spares time for the home purchaser who needs to move rapidly. Weight wash your home’s outside, garage, out structures, yards and decks to gather up any mold, buildup or stains and fix anything that is broken.

For  a list of Edmonton homes for sale with great curb appeal, check out our new and improved Edmonton MLS listings.

2015’s Simple Guide For First Time Edmonton Home Buyers

Wednesday, March 4th, 2015

Edmonton First time home buyer guide

DO’s for the first-time Edmonton homebuyer:

1. Get preapproved. Staying consistent as to what we have said before, being preapproved is one of the most important step in buying an Edmonton property.

A rule of thumb is to aside anywhere in the range of 1.5 to four every penny of the price tag to cover housing loan.

Also remember to additionally put something aside for a blustery day. You never know when that water tank could separate.

Some Edmonton home owners won’t even work with you until you’ve been preapproved for a home loan. This is a critical initial phase in the home-purchasing procedure. You would prefer not to begin house-chasing and succumb to a home you can’t manage.

Also, there may be issues with your credit that you don’t think about.

Some of the time Edmontonians are simply uninformed that they may have a credir card that they neglected to wipe out and its brought on an issue on their credit score.

Your credit is one of three variables that will be considered before you get sanction for an Edmonton home loan. The other two are pay and your up front installment.

An initial installment of 20 every penny is an “irregularity” with first-time purchasers. Yet, that is the amount you need to have down on the off chance that you need to abstain from paying CMHC’s home loan default protection. It’s figured in light of the span of your Edmonton home loan and the amount of cash you have put down.

Obviously the greater the initial installment, the littler your advance (and general investment charges) will be. One approach to help support your initial installment is to acquire cash from your RRSP. First-time purchasers can haul out $25,000 duty free and have 15 years to pay it back. In case you’re purchasing with your accomplice, you can contribute $50,000 together.

2. Discover an Edmonton real estate specialist.

While having a real estate specialists is redundant when purchasing a home, it is suggested — particularly on the off chance that its your first time experiencing the methodology. Having somebody who is learned about the business sector driving you through the methodology could take a major weight off your shoulders.

Look no further! We got you covered. Meet the highly qualified Team Leading Edge.

3. Stay aware of your financial plan.

One of the greatest things you need to consider in this choice is your way of life. You may have the capacity to bear the cost of your own Edmonton home.

Ask yourself: on the off chance that you lost your employment and weren’t laboring for three months, would you have the capacity to bear the cost of your home? On the other hand would you say you are extending yourself excessively thin?

You ought to likewise remember that amid your pursuit. Only on the grounds that a bank favors you for a certain sum, doesn’t mean you need to spend it all.

4. Be open.

We’ve all seen the land shows with the perfect multi-million dollar properties. Your first home will undoubtedly look in no way like that.

“You may stroll in and it may have repulsive wallpaper and the kitchen needs overhauling. Be that as it may the basics are there and you can add to it not far off… So simply have a receptive outlook,” Daniels urged.

Wallpaper can be uprooted, dividers painted and cabinets changed. The things you ought to be more worried about is the size and design, alongside the state of the top, pipes and heated water tank.

DONT’s for the first-time Edmonton homebuyer:

1. Don’t think you’ll be in that home for eternity.

The truth is, by and large, individuals just live in their initial two homes for seven to ten years. Recollect that not all that matters must be 100 every penny as you’d generally envisioned. They call it a “starter home” which is as it should be.

2. Don’t be excessively enthusiastic.

This can be truly normal with first-time purchasers. Abandon the feelings think with your head.  Continuously remember the re-deal estimation of the home you need to buy, and recollect that in land its about area, area, area.

3. Don’t make enormous buys before getting endorsed for a home loan.

That may appear to be genuinely self-evident, yet you’d be amazed.

Sometimes, first time home buyers run out and account an auto or spend a lot of their reserve funds and afterward the bank will conform their advance terms unfavorably or level out deny them a home loan.

Keep in mind, an endorsement is dependent upon your current salary, credit and reserve funds continuing as before. Help yourself out and end on the spending until after you close on your home.

4. Keep in mind about shutting expenses.

Ready to buy your Edmonton home? Check out our new and improved Edmonton MLS listings!

Smart Approach When Buying An Edmonton Home

Tuesday, March 3rd, 2015

Edmonton home buying

Purchasing an Edmonton house is viewed as one of the biggest ventures that a great many Edmontonians make and it can take quite a while to plan. In spite of the fact that people who are looking to buy an Edmonton home need an advance to pay for the property, there are still a few approaches to settle on shrewd choices with your cash amid the methodology.

Spare 20 Percent for a Down Payment

It can be enticing to hurry into the methodology of purchasing a home, however by putting no less than 20 percent down it will secure a lower investment rate and even lower regularly scheduled installments. This will guarantee loan specialists that there is less hazard included with offering you a credit. You likewise won’t be obliged to have private home loan protection, which is utilized to forestall defaulting on the advance.

Compute What You Can Afford

As opposed to going gaga for your fantasy Edmonton home and extending what you can manage, appropriately figure the sum for a mindful buy. The general estimation of the home ought to liken to two-and-one-half times your yearly pay. You ought to additionally consider extra expenses of owning the property, which incorporates mortgage holders affiliation charges, assessments, and the expense of home protection.

Put something aside for Extra Fees

Numerous individuals put something aside for their up front installment, yet frequently don’t consider the additional expenses and charges included with obtaining a home. You’ll additionally need to put something aside for shutting expenses, title protection, escrow charges, credit report charges, and even state recording expenses. Despite the fact that you might not need to pay for these expenses, its imperative to spare no less than one to three thousand dollars to guarantee that you can manage the cost of the greater part of the additional expenses. As indicated by Western Union in Detroit, MI, a considerable lot of the expenses will oblige installment through a cash request, which can be obtained by going to the bank or mail station.

Make a Realistic Offer

Making an offer on a house you’re keen on can frequently be precarious, as excessively low of an offer may confound the transaction process, yet excessively high of an offer can build your home loan rate. A focused offer is one that is a normal of five to 10 percent lower than the asking cost.

At the point when purchasing a house, its vital to utilize a respectable land specialists who can help you with the methodology and guarantee that you spare however much as could be expected. You’ll not just have a superior possibility of arriving your fantasy home, however can discover something that is moderate and won’t turn into a load to your financial plan.

For  a list of all Edmonton homes for sale, check out our new and improved Edmonton MLS listings.

The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the REALTORS® Association of Edmonton. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.