Demand continues to surpass stock in Calgary’s housing market, as interest rates do another jump.
Published first here: https://ateamcalgary.ca/blog/interest-rate-increase-influence-buying-power
Tom Albrecht Gives Global News Expert Insight on Housing Inventory
Once again Tom was asked by Global News to Weigh in on the Calgary housing market.
Published first here: https://ateamcalgary.ca/blog/tom-albrecht-gives-global-news-expert-insight-on-housing-inventory
Have The Contract That Works For You With Seller’s Conditions
I love negotiating these conditions into purchase contracts for my seller clients because it gives us negotiating power down the road if we need it.
Published first here: https://ateamcalgary.ca/blog/seller-conditions
How To Tip The Scales With A Winning Cover Letter
Time and time again, I’ve secured homes for clients for less than they are worth, in part, because of the cover letter. More to the point, it’s just nice. And isn’t being nice and important thing we were taught to do as kids?
Published first here: https://ateamcalgary.ca/blog/how-to-cover-letter
Calgary Real Estate Market Update- Nov 2022
It doesn’t take missing out on many listings to other buyers before you, as a buyer, become more optimistic about the future path of home values. Without a global recession, falls in the prices of oil and gas are not expected during the Russia embargo. Calgary & area, with our lower home prices than Vancouver & Toronto, continues to attract record-breaking numbers of migrants, and counter-intuitively the interest rate might be helping spur this.
Published first here: https://ateamcalgary.ca/blog/calgary-market-nov-2022
How to Find the Best Realtors and Their Deals
Realtors are a great source for deals. We used to buy most of our properties from realtors. I say go after the low hanging fruit in your area. That means what works best in your market. At one time the realtors were the easiest way in my market but now we also use other methods.
Let’s see how you can work with realtors. First, every time you talk to a realtor, get their email address for your database. Next, always ask the realtor if they offer the service where they can sign you up for automatic email notifications (auto responders) when any properties come on the market that meets your buying criteria. Ask them if they can set it up based on certain keywords. If so, you want to give them the types of property you are interested in and a list of keywords. Keywords like motivated, vacant, abandoned, short sale, transferred, bank owned, handyman special, TLC, needs work, fixer upper, reduced, must sell, bring all offers, etc. are very strong keywords to use. Just remember to call the realtor who sent you the deal and put your offer in through them. There is nothing wrong with calling the listing agent on a property that you found on your own while driving or searching on the internet.
How about asking realtors for the expired listings on a regular basis? These are the properties that were on the market but didn’t sell. Don’t you think the seller will be more motivated after six months of their house being on the market and not selling? Some will and some will not but it is still another source.
You also want to ask the realtor if they can refer sellers to you that they cannot help due to foreclosure and there’s not enough time to put the property on the market. Tell them that you’ll be a way the seller can sell fast. You can also tell them you can send them any sellers who you cannot help that may be a good listing prospect for the realtor. Always try to create win, win situations that benefit all parties. Always ask realtors if they have any pocket listings. These are listings that aren’t yet listed in the MLS system. Build a relationship with the realtors so they’ll call you first.
The A-Team - Calgary 