Calgary home owners get top dollar

Category: Calgary
Published: 05 June 2014

Calgary home owners are getting great prices for their homes, according to CBC News. They report that most properties are receiving multiple offers which allows a seller to enjoy potential owners paying more than the asking price. We don't often hear of sellers receiving more money for a house than the list price, so this phenomena is great for sellers.

The Calgary Real Estate Board reports that last year 10% of properties sold for more than the asking price and this year the percentage is almost 25%. They report the driving factor is a shortage of single family homes for sale. If you own a single family home and are ready to sell, this news means your house needs to go on the market now.

CBC News also reports that with the city's effort to curb urban sprawl, home prices are going up. As long as the city is curbing urban sprawl, your home will continue to be in demand. So, if you aren't quite ready to sell your home, pay attention to the policies directed at urban sprawl so you don't miss out.

What does that mean for you? As a home owner, now is the time to get the best money for your property. Now is the time when you might get more money that you ask for your property. So, don't delay. If you are ready to sell your home, now is the time. Invite a realtor to look at your home, and then see what multiple offers you might get.


tags Tags: Calgary Real Estate

Analyzing Home Owners when Selling A Home

Category: Calgary
Published: 01 May 2014

Proper analysis of fellow home sellers can mean the difference between immediately selling a home and having it sit on the market for months to years at a time. In fact, many quick sales are a result of realizing fellow competitors mistakes and making the move to swiftly avoid them when going on the market. By learning how to analyze fellow Calgary home owners, selling your own home should be achievable in no time at all.

Avoid "Testing the Waters"

It can be tempting to put your home out on the market without making any major repairs or renovations. While it may be true that you can't make up for time your home isn't on the market in terms of exposure, the opposite is also true. Interested buyers will quickly lose interest in your home after the first month or so it is on the market if it doesn't meet their initial expectations. According to Realtor, "While you may be tempted to ‘test the waters’ and put your home on the market without painting it or making minor repairs, your home is likely to languish on the market and get a reputation for having a major problem. A thorough, professional-level cleaning should be your bare minimum seller prep. Your eventual sales price is likely to be lower if you don’t sell within the first few weeks after you list your home."

Meet Demand at its Peak

The worst time to plan on selling is when the local market is flooded with other home owners wishing to sell. Such periods tend to occur during recessions when foreclosures happen or homeowners wish to lower their expenses and move to a cheaper living situation. The best time to sell is when home values are steadily increasing and few homes are on the market.

Analyze Realtor Relationships

Real estate agents are often out to make sales, no matter what the price. This means they could transfer buyers potentially interested in your home to other local competition if the price is right. Work with an agent that is devoted to your individual success.


tags Tags: HomeSelling a Home

Analyzing Calgary Homes for Sale to Help Sell A Home

Category: Calgary
Published: 24 April 2014

Selling your own home can be tricky, especially if you have no previous experience as a seller in the real estate marketer. From choosing the right renovations to negotiating with interested buyers, there a diverse array of strategies which may lead to success or failure, depending on the local Calgary market.

A Low Asking Price may Attract Attention

Many people will put their home on the market for an average or above average price, confident that their property is somehow superior to other options. A more efficient approach is to lower the initial asking price to spark attention, creating a potential herd mentality. According to Reader's Digest, "Given the high stakes of real estate, a buyer doesn’t want to be the only one interested in a house. By pricing your property on the lower end of the value range, you could stimulate interest among more than one buyer and create a herd mentality. Also, if you’re under the gun to sell quickly, this would be a good option." In many instances, you can actually get a higher buying price than the average for similar homes in the Calgary area by making use of this strategy.

Leave Personal Traits Out of the Equation

In many instances, a potential buyer may decide to avoid purchasing a home simply because they didn't like the jib of the previous owner or owners. It is important to display your home for the simple commodity that it is. This means removing pictures of family members and leaving only sparse furniture in key selling point areas, such as the kitchen or dining room. Take the time to visit other homes in the Calgary area that are currently for sale to get an idea of what your competition is in terms of visual appeal. All personal possessions should be removed in order to allow those being showed the home that it is not only ready to move in, but to also portray a sense of professionalism.

Be sure to contact us Home Contender if you have any questions about analyzing Calgary homes for sale to help sell your own home.


tags Tags: Homes for sale

Why You Should Look At Calgary homes for sale

Category: Calgary
Published: 27 February 2014

Why should you look at Calgary homes for sale? The simple answer is that Calgary is rated by MoneySense as the best place to live in Canada. They state that Calgary is Canada's best large city and the best overall city across the country. Two of the factors in this rating are high incomes and low unemployment.

However, that might not be enough for you to move to Calgary and you might be wondering if you would fit in Calgary. So, let's look at other reasons you should think about purchasing a home in Calgary and where in the city you might feel the most comfortable.

  • Calgary is one of the most geographically dispersed cities in the world. If you don't want to live in a city of high-rise multi-story dwellings, then Calgary is your city. Most of the housing consists of separate, detached dwellings. You can choose to live in the city or in the suburbs. 
  • If you like a mountain view, choose to live in the northwest and southwest areas of Calgary. Not many cities give you the gorgeous mountain view of the Rockies that Calgary will give you.
  • If you are single, then consider the southwest area of Calgary where you can enjoy a short trip to downtown where there is a mix of bars, restaurants, and shops. This area is known as a popular place for young singles to live.
  • The northeast quadrant is one with lower cost housing and is known as a place where young couples purchase their first home.

If that has your interest, there's one more thing you need to know about why you should purchase a home in Calgary. MoneySense also stated that people can afford homes in Calgary. They said that the prospect of home ownership is more affordable than in other big cities. 

So, take some time and explore homes for sale in Calgary. Move to the best city in Canada!


tags Tags: Calgary homeshomes for sale