Don't Let Your Property Become an Expired Listing



If you're looking to buy a home in Calgary or surrounding areas, click here for a full home search. If you're looking to sell and curious about the market value of your home, click here for a free Home Value Report. Please feel free to contact me at (403) 701-8998 for a free real estate buying or selling consultation to answer any of your questions. 

Today I'm going to be talking about what an expired listing is, and what you can do to avoid a situation like this. 

An expired listing is a home that has not sold for an extended amount of time, and one that has fallen out-of-contract. The most common reason I see for an expired listing is that the property was grossly overpriced from the beginning of the selling process. When buyers see an overpriced home, they won't give it a second chance if they don't see any true value in it. This will result in the home sitting on the market and going stale. 

Another reason for homes not selling is that they aren't exposed to the right kinds of audiences. It's important to have your home prepared for a sale, and to expose it to the right buyers. This doesn't simply involve putting it up on the MLS, it involves calling prospective buyers, knocking on doors, and even looking internationally for the right kinds of buyers. 

What we can do to avoid your home becoming an expired listing is to price it correctly by looking at vast amounts of data in comparable listings. We have a tremendous knowledge of the Calgary real estate market, and we know all of the nuances of pricing within it.

We specialize in expired listings, and always bring the maximum amount of exposure possible to your home. We will employ a different marketing strategy than your previous seller, and this new plan will be personalized to your needs and also to the current market conditions. 

If you have any questions in regards to the Calgary real estate market, please don't hesitate to contact me. I am always willing to assist you!

Important News for Buyers and Sellers in Calgary




If you're looking to buy a home in Calgary or surrounding areas, click here for a full home search. If you're looking to sell and curious about the market value of your home, click here for a free Home Value Report. Please feel free to contact me at (403) 701-8998 for a free real estate buying or selling consultation to answer any of your questions. 

Today I am going to be addressing some issues that a lot of clients in Calgary have been asking me about. The seller's market that we had in 2014 has faded, but that's not the only thing that you should know.

My advice to buyers in Calgary is to go ahead and get yourselves Pre-qualified for a mortgage loan. This is a special designation that sellers love to see because they know you are serious about
purchasing and that if you extend an offer on a home that you will follow through with it. The verification process has become harder, but if you pass it will only make you stand out more. Your offer should rise to the top with a pre-qualification letter.

If you are a seller in Calgary I would propose that you make sure that the condition and price of your home are comparable. If your price is not right, then you will not be able to attract buyers to your property. Also, if an appraiser from a bank comes in and his price doesn't match your value, then there will be problems and the sale could fall apart.

If you would like to know more about our local market here in Calgary, then please do not hesitate to contact my team for more information. We would be happy to help you.