It’s been a challenging and confusing few years in many segments of the Calgary Real Estate market; from fluctuating prices and economic uncertainty to increased competition and new construction in seemingly every neighborhood. However, summer of 2020 also saw sales numbers that we haven’t see since 2014. If you home has been listed for sale over the past nine months this year and hasn’t sold there is a reason for it. The following are what we have identified as the four most common reasons homes haven’t sold in 2020 (and a few tips to make sure you don’t fall into this category):
1. You’re not grabbing the attention of potential buyers; First impressions are sometimes the only impression you get to make and in Real Estate the first impression is…
The Economy in Alberta has changed drastically, maybe the way we choose our real estate professionals should change as well. For decades we chose Realtors based on ads in the newspaper, for sale signs in the neighbourhood, door knocking, flyers in the mailbox or maybe you had a cousin who sold real estate on the side. Today I want to talk about a few thoughts/strategies around choosing a realtor and maybe debunk a couple myths.
This is part 3 of our three part series on Responsible home ownership (read part 1 here and part 2 here). We are living in a new economy in Calgary and because of this new economy we need to think a bit differently about the home buying process. As always- don't hesitate reach out if you have questions or concerns about buying a home.
This is part 2 of our three part series on Responsible home ownership (read part 1 here). We are living in a new economy in Calgary and because of this new economy we need to think a bit differently about the home buying process. Check back form part three in the next week or so and-as always- don't hesitate reach out if you have questions or concerns about buying a home.
We negotiated 4 offers last week. Two were accepted (one buyer, one listing) and two weren’t (both buyers). Not coincidentally the accepted offers were both negotiated in good faith in less then five hours while the non-accepted offers didn’t even receive a response from the seller’s/seller’s Realtor for 20+ hours. Buying real estate is emotional.
As of writing this there are 337 homes for sale in Cochrane. Today (Sunday February 17th) there are six open houses in all of Cochrane and I am hosting two of them. That means only 1.8% of the homes listed for sale are open today...that’s crazy! Yes, I know it’s snowing a bit today and it’s -17 but it’s February in Alberta, what did you expect!?
