3 Conditions to Follow in Order to get the Best Price on a Home

Looking to buy or sell a home in Calgary, Alberta? Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call us at (403) 660-6200 for a FREE home buying or selling consultation to answer any of your real estate questions. 

How can I Get the Best Price on a Property?

 

I have three criteria for you to get the best price on a home if you're looking to purchase in Calgary anytime soon.

1. Pay Cash: Sellers always prefer a cash offer rather than getting tied up with a lender and financing.
2. Have No Conditions on the Purchase: Sellers want to get their property sold quickly.
3. Fit the Closing Date to the Seller's Requirements: This is pretty self explanatory - do your best to please the seller.

There are some other things I would recommend other than these three criteria. For example, you should always be pre-approved because sellers will likely not even consider your offer if you have not been approved.

Also, if you're going to put conditions on the home, make sure they are in regards to the structure or engineering of the home, not the cosmetics of the property. Sellers don't like to get tied up - they want to sell their property as quickly as possible. Don't hassle them over little things that will irritate them and possibly ruin the deal for you.

Lastly, you need to let the seller decide the closing date. If you desperately need the home, then always try to please the seller and make the transaction as easy as possible for them.

Hopefully this information has been helpful to you. I expect a strong market here in Calgary for this spring and summer, so if you have any questions, comments or concerns that you would like addressed, then please give me a call or email me. I would be more than happy to sit down and discuss any and all of your real estate needs.

It's a Great Time to Buy or Sell in Calgary

Looking to buy or sell a home in Calgary, Alberta? Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call us at (403) 660-6200 for a FREE home buying or selling consultation to answer any of your real estate questions. 

What's Happening with home values?

 

Home values are up 5.5% here in Calgary. This means that on average, a home is worth an extra $25,000 dollars. Inventory is also down by 18% since last year at this time, and this will continue to impact home prices.

What people keep asking me is, "If I sell now, will I have a place to live?"

 

The truth is that this could happen. However, there are rentals available on the marker and there will always be rentals available on the market. In fact, there is a 2% vacancy rate on a total of 40,000 rentals here in Calgary. That means that there are 800 places for you and your family to move in to temporarily. Although this isn't the ideal situation because you have equity locked up in your house, this can be avoided if you work with me to plan your move carefully.

This is an exciting time for real estate here in Calgary because with the low inventory, you are able to sell at the top of the market. Even if you do have to rent for 3, 6, or 9 months, in the meantime you can realize the huge upside in both buying and in selling.

So, I look forward to chatting with you and going through the statistics. I don't want you to have to rent a home after you sell your own, and I think that could be avoided if you plan carefully with me. We'll talk about your home and arrange a road map for you so that you don't have to rent a property in the meantime.

As always, contact me for any and all of your Calgary real estate needs. It's a great time to buy, and it's also a great time to sell. Don't miss out!