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Archive for the ‘Home Selling’ Category

15 Real Estate Myths That Are Helpful To Home Sellers

Tuesday, June 23rd, 2015

15 Real Estate Myths That Are Helpful To Home Sellers!

Photo- tourwizard.net:blog

Getting ready to sell your home?

Should you finish home repairs before you list?

Do you need to paint?

Do you need to hire a Realtor®?

How long will it take to sell my home?

Should I list it at a higher price than it’s worth?

Check out these 15 myths that will help you in getting the best price and quickest sale. It is also important to pick the right Realtor®; one that is knowledgeable in the industry and area you are planning to buy in and one that will work hard for you and knows how to market your home to get the best price and quickest sale. 

Contact me for more information on what I would do to help you sell your home in Red Deer & Central Alberta!

SOLD! Executive Bungalow in Rosedale Meadows, Red Deer!

Thursday, April 23rd, 2015

SOLD!!

Executive Bungalow in Rosedale Meadows, Red Deer!

IMG_6162This is a gorgeous executive bungalow with lots of upgrades and excellent finishes! It has an open-concept with 2 bedrooms upstairs, plus an office and 2 bathrooms. There are 2 large bedrooms with walk in closets downstairs, as well as a media room with 2-tiered seating, large family room with wet-bar and another bathroom! Main floor offers 9ft ceiling highlighted with pot-lights and crown moulding accenting the perimeter! The kitchen is to die for with plenty of attractive cabinets, granite countertops, under-mount large sink, newer quiet dishwasher, gas stove and corner pantry. This home also boasts main-floor laundry, gas fireplace (with appealing rock mantle) and hardwood. The spacious master bedroom has a 4 piece ensuite (with jet-air tub) and good-sized walk-in closet. Office on the main floor has ample built-in cabinets and a built-in desk (this room can easily be converted to a bedroom). It has a newer high-efficiency furnace and high-efficiency hot water tank. Operational under-floor heat. Also, energy efficient central air conditioner. Wired for sound. It is fully landscaped with a partially covered deck, covered fire pit area and aggregate concrete. Click the video to see more on this fabulous home!

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Contact me for more information or visit this listing on my website!

SOLD! Executive Condo in Red Deer’s South Hill!

Friday, April 17th, 2015

SOLD!

Executive Condo in Red Deer’s South Hill!

Excellent value for this executive condo! It has over 1100 square feet of living space and fabulous high-end finishes. This condo boasts beautiful hand-scraped hardwood and an open-concept. The attractive kitchen has granite countertops, corner pantry and stainless steel appliances. There is a gas fireplace in the living room. It has underground parking and a storage unit (located in parking area). Here is a video highlighting the property:

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Gorgeous executive condo with high-end finishes in Red Deer's South Hill

Gorgeous executive condo with high-end finishes in Red Deer’s South Hill

Contact Shantel for more information or to view this property!

Is Your Home Ready To Sell?

Tuesday, March 17th, 2015

Is Your Home Ready To Sell?

When listing your home to sell, make sure it looks it’s best to get the best price!  Here is a checklist from howrealtorshelp.ca to help you do that.  You can also read my blog on Interior  & Exterior Home Staging for more ideas to get your home ready to sell.

HomeChecklist bestcalgaryhomes.com

For more tips on selling your property in Red Deer or Central Alberta, contact me or visit my website!

What A Property Inspector Looks For!

Tuesday, February 10th, 2015

What A Property Inspector Looks For

Property Inspection

Buying a home is one of the biggest investments you will ever make!  Know exactly what you are getting. That is what Property Inspectors can help  you with.  A Property Inspector will assess whether the house is structurally sound and all the systems are working.  They will tell you the overall condition of the house and any repairs that need to be done or might need to be done in the next few years.  In Red Deer and Central Alberta, there are lots of older homes.  Your property inspector will be able to tell you if it needs work or if everything is working properly.  A property inspector can also give you a “crash-course” on how the major components of a house work, ex. plumbing, electrical, etc. Here is a general home inspection checklist:

  • Structural Elements: construction of walls, ceilings, floors, roof, railings/banisters, joists and foundation
  • Exterior Evaluation: wall covering, landscaping, grading, elevation, drainage, driveways, fences, sidewalks, fascia, trim , doors, windows, lights and exterior receptacles
  • Roof & Attic: framing/trusses, ventilation, type of roof construction, flashing, gutters, leaks, insulation
  • Plumbing: type/condition of pipe materials used for potable/drain/waste/vent pipes, toilets, sinks, faucets and traps
  • Systems & Components: water heaters, furnaces, air conditioning, duct work, chimney, fireplace and sprinklers, humidifier
  • Electrical: main panel, circuit breakers, types of wiring, grounding, exhaust fans, receptacles, ceiling fans and light fixtures
  • Appliances: dishwasher, range/oven, built in microwaves, garbage disposal and smoke detectors
  • Garage:  slab, walls, ceiling, vents, firewall, garage door, openers, lights, receptacles, exterior, windows and roof
  • Moisture Build Up, Water Stains, Grout

Property Inspection

Please contact me or visit my business directory for more information or for a reputable Property Inspector in Red Deer & Central Alberta!

Photo credits: vantagewestrealty.com, plus.google.com

10 Ways To Boost Your Home’s Winter Curb Appeal!

Tuesday, February 3rd, 2015

10 Ways To Boost Your Home’s Winter Curb Appeal!

Unsure about listing and selling your home during the winter? Click on the photo for 10 great ideas to boost your home’s winter curb appeal and make your home more inviting to potential buyers!

Photo- hgtv.ca

Photo- hgtv.ca

Contact Shantel with any real estate questions! Please feel free to share this blog with anyone that might be interested!

 

How To Get The Most For Your Home When Selling It During An Alberta Winter

Thursday, November 13th, 2014

How To Get The Most For Your Home When Selling During An Alberta Winter!

While selling your home during an Alberta winter, may not be the most ideal time of year to sell, it may be necessary!  Here are a few additional tips for Maximizing Your Selling Potential During Winter, besides my usual Interior and Exterior Home Staging tips.

winter house hgtv.ca

For information on real estate in Red Deer & Central Alberta or for help with getting your home ready to sell, contact me!

DIY: Kitchen Facelift: To Get A Higher Price For Your House

Monday, October 6th, 2014

DIY: Kitchen Facelift: Get A Higher Price For Your House!

Check out these easy DIY (Do It Yourself) videos on HGTV to learn how to easily give your kitchen a facelift: get a higher price for your house:

Kitchen Cabinets

Backsplash 

Counter Top

Kitchen Sink & Faucet

For more ideas on how to get your house ready to sell or “stage” (Interior Home Staging  or Exterior Home Staging) or for information on properties in Red Deer & Central Alberta, contact me or visit my website!

12 Steps To Get The Highest Price For Your House in Red Deer & Central Alberta

Thursday, April 24th, 2014

12 Steps To Get The Highest Price For Your House in Red Deer & Central Alberta

Step 1: Clearly Know Why You Want To Sell!  Do you want to “get the profit out” of an appreciated home?  Are you moving to a new area or wanting a larger home?  Whatever your reasons, the more you can separate the emotions from the actual goals you need to achieve, the better a position you can be in to evaluate your options and negotiate the best results.  Keep in mind that no matter how much you sell this house for, you’re still going to have to live somewhere.  Make sure that what you can afford to buy after the sale makes the process of selling worth it.  Your Realtor® can help you not only by making you aware of all of the costs involved in selling and the approximate amount of profit you can realistically expect, but also by helping you research the area or home you’re interested in moving to and how much you’ll have to spend on the other end.

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Step 2: Evaluate Your Property!  As objectively as possible, take a walk through and around your house, trying to look at it as a potential buyer would.  Make a list of all the things you would want to change or repair if you were going to remain living here.  You may not wind up doing all of these things, but start taking care of the small and inexpensive repairs and make sure your home is as clean and attractive as possible even before contacting a Realtor® to list your property.  Their first impressions of the general appearance of your home will colour an agents conclusions about how easy or difficult your home will be to sell and about the right price for your home.  By making the Realtor’s® selling job easier, you increase your chances of getting the price you want-or at least close to it.

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Step 3: Understand The Current Real Estate Market in Red Deer & Central Alberta!  As a seller, the asking price you determine for your property must take into account the following criteria: 1. The level of supply and demand in the current local market  2. The condition and features of the house itself  3. Current sales prices of comparable properties in the area  4. The condition and features of the neighbourhood.  You will be in a much better position to make the most of your sale if you at least have a full understanding of all the elements involved.  All of the economic realities that affect your home’s market value are reflected in the prices of recently sold homes.  Your real estate agent can provide you with a complete comparative market analysis showing the listing and sales prices, length of time on the market and features of other homes similar to yours in the area that have sold recently or are currently for sale.

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Step 4:  For Sale By Owner vs. Hiring An Agent!  Many homeowners believe that to get the most money our of their home sale they should sell it themselves, thereby saving the commission they would otherwise pay to a broker.  About 1/4 of home sellers do not use a Realtor® and about 72% of those are happy with the results they achieved.  However, close to half of that 72% also stated that next time they would hire a real estate professional.  Why?  The time, paperwork, research, and hassles involved in getting their home sold on their own were not worth the amount of money they saved in commissions to a broker.  Also, by the time they figured in the amount of fees paid to lawyers, inspectors and appraisers as well as marketing, advertising and other services, they may as well have paid the brokerage’s fees, which may have included some of these charges up front.  Some have discovered that the cost of recovering from a misstep or bad decision more than outweighed the amount they saved in real estate agent fees.  If you still feel you’d like to try to sell on your own, you may want to give yourself a time limit-just as you would give a Realtor® in a listing agreement.  After trying it on your own, if your home hasn’t sold, reevaluate your situation and consider whether you need to pursue other options.  You always have the option to consult with several qualified agents and determine whether their services are worth the price you would pay.  In the vast majority of cases, they are.

Home for sale

Step 5: Choosing The Right Real Estate Agent!  The best first step is to talk with close friends and relatives who have recently sold a home.  Ask if they had a good experience, would they recommend the agent and if they had any reservations or things they wished the agent had done differently.  Also, talk to professionals in related industries, including lenders, contractors or builders, accountants or lawyers.  Ask what it is they recommend about the agents they refer and if they’ve used the agent’s services themselves.  Finally, look around your neighbourhood to see what agents seem to be listing and selling the most houses.  Take a look at the ads, mailings, brochures, signs and other materials used to promote the houses they sell.  Are they professional?  Do they present an image of an organized, competent professional?  Do they impress you as someone you would be interested in working with?  Keep in mind that if you don’t like the way they market themselves and other people’s homes, you probably won’t like the way they market yours either.

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Step 6:  Get To The Heart Of The Matter!  Ask the agent what they will do to expedite the sale of your home.  A good response is one that is a direct and comprehensive plan of action reflecting your goals and unique situation.  Look for someone who doesn’t rely on the same marketing tool every time.  The key is to find an agent who will use all the tools available to your best advantage.  Communication is key.  Make sure your agent has an in-depth understanding of the entire process and is able to explain it to you clearly and let you know what things, if any, are particularly critical given your individual transaction.  Ask your agent exactly what you can expect from them during the sale in terms of service and communication.  A true professional will provide you with a checklist of exactly what they’ll do for you as well as a systematic method of providing you with frequent updates.  Only with proper up-to-date information can you make the decisions about your sale which will help you realize the most profit.

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Step 7: Be Open To Your Realtor’s® Suggestions For Staging Your Home!  Chances are your real estate agent will make specific suggestions regarding cosmetic and/or major changes in your home’s appearance to make it more attractive to buyers.  This is called staging the home and any good Realtor® will go over this information with you.  Remember not to take things personally-you may love bric-a-brac on every surface and may feel emotionally attached to the many antiques filling each room, but your agent may ask you to pack some of them away so that potential buyers can picture their own furnishings in the rooms.  A competent professional agent will make these type of recommendations based on the experience they have gained through other transactions as well as an earnest desire to help you get the results you need.  Click for a complete list on Interior Home Staging and Exterior Home Staging!

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Step 8: Know What Upgrades Will Bring You The Best Return!  Generally the best investments when preparing your home for sale are those upgrades or modifications that bring you highly visual improvements throughout a large area for a minimum cost, rather than those that concentrate a substantial investment into a small area.  For example, replacing worn carpet throughout the house is in most cases more valuable than a customized closet in the master bedroom.  Remember quality counts,  up to a point.  If the stove is broken or extremely worn replace it with a middle-of-the-line model from a well-known, quality appliance manufacturer rather than the best of the best.  At the same time, making shoddy repairs or using cheap replacements to “get by” may save your initial investment, but won’t get you anywhere in the perceived value of your home.  Ask your real estate agent for a list of suppliers and contractors who may be able to help you with major repairs or services.  Also, anticipate buyer’s questions.  If your home has the potential for major improvements or renovations, find out ahead of time what the feasibility and approximate costs some of the more obvious ones would entail.  This helps buyers realize the long-term value and potential of your home.  Once again your real estate agent may be able to put you in contact with contractors in and around Red Deer who could give you estimates.

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Step 9:  Know How To Tell A Good Offer From A Bad One!  Take a proactive approach to looking at any offer that comes your way.  Review each offer in the following order, Deposit: how much and who has it? Is it sufficient to indicate a serious offer?  Price: How does the amount offered compare to your asking price and your private bottom line?  Down Payment: Cash? If not, why?  Terms: How do these terms affect your profits?  Possession Date: How soon do you have to move out?  Ask questions!  There’s no such thing as a stupid question, particularly when your home and your most important investment are at stake.  Never reject an offer out of hand.  Don’t jump to conclusions if you hear that an offer is substantially lower than your asking price. The terms may make up for it.  Even if you decide you can’t accept a particular offer, it’s almost always best to present a counteroffer.  Some typical conditions are: The buyers will only purchase if and when they sell their present home.  This can be good or bad for you.  The buyers will only purchase if and when they get new financing.  Assuming they are pre-qualified, this can still mean an excellent offer.  The buyers will only purchase if and when Great-Aunt Ethel’s inheritance comes through.  Forget it!  Your goal is to let as few of the buyer’s condition clauses as possible into the agreement and to limit the ones you do allow by time and performance.

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Step 10: Weigh Your Counteroffer Carefully!  You have 3 choices when it comes to any offer presented to you: 1. Accept it as is.  2. Reject it.  3. Reject it and provide a counteroffer.  You cannot accept it and then make changes!!  Any time you reject a buyer’s offer, they have the right to walk away from the deal completely.  Therefore, if an offer is very close to what you want, you may be making a mistake to counteroffer.  You risk losing what may be a sure deal.  The most common areas in which you may wish to counteroffer are price, terms, possession date and conditions.  Remember that any time you make a counteroffer-even in just one area-you reject the buyer’s offer and they may decide to counteroffer by making changes in some other area as well.

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Step 11: Consider How Flexible You Can Be With Terms and Possession Date!  You may agree to their proposed terms, but change the length of the loan or the interest rate.  You may be able to strike a deal that benefits them by giving them lower payments or a lower down, while making you better profits in the long run.  Also, remember that timing isn’t everything.  If the buyer’s plans conflict with yours, consider some alternatives: Change your plans.  Move and rent until you can move into your new home.  Stay and rent from the buyer.  Pay the buyer a bonus to change their plans.  Pay rent for the buyer until you can move out.  Consider how much the  inconvenience is worth to sell your home.  Know when to draw the line though.  If you’ve received an offer, made a counteroffer and haven’t heard back from the buyers.  Is the deal dead?  Maybe not.  You may want to consider another counteroffer.  To avoid looking like you’ll keep coming down if they just wait you out, go out of your way to make it very clear-through the agent, if possible-that you’ll only do this once.

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Step 12: Know What You’re Accepting!  Have your real estate agent, and perhaps your real estate lawyer, go over all the paperwork before you sign it, making sure that you understand and agree with every part.  Avoid problems before they happen.  Make sure your buyer has been approved for financing ahead of time.  Otherwise delays in the loan approval process can extend your closing.  Make sure all necessary inspections are completed by qualified inspectors.  Examine your closing costs.  Unexpected closing costs are one of the easiest ways to eat up the hard-won profit you thought you were making on your home sale.  Congratulations! Now go out and spend it all in one place-your new home!

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Click Home Selling for more information from my website on selling a home or contact me!

Photo Credits: recablog.ca, creativebulldog.com, bangbug.org, successfulthings.com, 3communicacion.com, ddsociety.com, bangbug.com, inwesttitle.com, gustancho.com, proudrealestates.com, money.cnn.com

The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Central Alberta REALTORS® Association. 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.