Real Estate Blog - Selling

Selling During A Buyer's Market

Calgary was established in 1875, garnering its name from the Isle of Gull in Scotland. Fun fact: loosely translated from the original Norse language, Calgary means 'cold garden.' For years people have flocked to our great city; this beautiful, cold garden; in search of something more. Calgary has always been viewed as a welcoming place for those seeking more opportunities for themselves and their families. Here at Team Ken Richter, we are proud to be Calgarians.

One of the biggest draws to this city has been the energy sector. Many jobs in the oil and gas industry are based in Calgary. If you ask any Calgarian, chances are someone in their immediate family works in the energy sector. Because of this great opportunity to find work in a booming field,…

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How To Spot A Real Estate Scam

Here at Team Ken Richter we conduct our business with integrity. This quality has always been a pillar in our philosophy and mission. We pride ourselves on providing clients with top tier service that has their best interests at heart. We are committed to you and would love the chance to show you just how important your goals are to us.

Unfortunately, not everyone conducts their business with integrity. 

Real estate scams that prey on both present and future homeowners are commonplace. With the economy the way it is right now, more cases of people being scammed are beginning to arise across the city. In order to help prevent you from falling victim to these scams, in todays post we will be going through the most popular scams out there and how to…

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Have You Outgrown Your Starter Home?

Beginner homes hold a lot of memories. They were your first major property purchase, where you paid your first mortgage, where you learned exactly what it means to be a homeowner, where you first put nails in the wall and flowers in the garden, where you began to create the life you have now. Some people buy their first home and stay there for their entire life; others buy their first home and then eventually move onto something else. It can be hard to know when it's time for that next big step: to upgrade, or downsize, depending on your situation. 

Have you outgrown your starter home? Your biggest indicator of this has to do with space. 

When families have more children, or an elderly parent moves in with them, they often need extra space for beds…

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Value Of Infills

Infills are becoming increasingly popular for homeowners across the world. An infill is a home that is built on an existing property lot, often following the destruction of an older structure. Infills are new homes in old neighbourhoods. As the subarbs sprawl further and further away from city centres, infills are becoming an increasingly attractive option for homeowners looking to remain central.

Here at Team Ken Richter we serve homeowners all across the city, but specialize in the communities of Bowness and Montgomery. These two communities are rich in history and thus filled with old structures. Therefore, infills have become very popular for people wanting to own property in the area but who are seeking more modern structures. If you’re thinking…

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What Happens When Your Home Just Won't Sell

The process of selling a home is an adventure, to say the least. 

Some homes sell before they are even officially on the market, while others can take a number of years to sell. Here at Team Ken Richter we are dedicated to selling your home for top dollar in the best possible timeframe. Still, there are a lot of variables. Things such as market conditions, the type of home, the quality of the property, the economy, current events and more can effect how quickly your home will sell. The stars have to align just right in order for a sale to successfully go through. 

So what do you do when your home just won't sell? Like we mentioned, there can be many different reasons why your property is not selling. Talk to us, but in the meantime, consider the…

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The Value of a CMA

When you are preparing to sell your home, getting a CMA is crucial in determining the worth of your home and what a good asking price will be. So what is a CMA?

CMA stands for Comparative Market Analysis. A CMA is used by realtors to calculate the market value of a property they are selling before they list it. As a homeowner, you may have some idea of what your home is worth based on your own knowledge of the area and property itself. However, we highly suggest you have a real estate professional, such as ourselves, complete an official CMA for you. It will be your second greatest asset in the selling process; the first greatest asset being us, your real estate agent!

A lot goes into a CMA, such as:

Location: Where is your property located?…

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Give Your Home for Sale an Advantage

At Team Ken Richter we know that properties don't just sell themselves. This is why we have an in-depth, tried and true marketing plan set in place to make sure that great homes find great buyers. Read all about our marketing plan here. 

Right now the Calgary real estate market has a lot of inventory. With more homes available to buyers, sellers need to make sure their home has a competitive advantage over the others. Here are some ways you can make your home stand apart from the rest:

Make Sure The Price is Right: Properties priced at market value generate more buyer interest. When you list a home for more than it is worth, buyers will be immediately turned off. When you list a home for way less than it is worth, you miss out on the chance to get…

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The Open House: Your Big Moment

We get it, your house is beautiful and perfect just the way it is. You scrubbed it clean and bought one of those timed Febreeze air fresheners. There is a handful of chocolates on the table and the closet doors are all closed to hide any mess. Your house is now ready for an open house, right? 

Wrong. Presenting your home to potential buyers with an open house is going to make a lasting first impression--make sure it's a good one. 

Hosting an open house is a great way to let potential buyers see exactly how great your home would be for them. It is personal, interactive and powerful. Most people do not make offers on a house because of online listing photos or a referral alone. While these things establish an expectation, they are rarely what sells…

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Entering The Market In Spring

Spring has arrived in Calgary! The grass is green and the flowers are in bloom. People are beginning to venture outside and play again as Calgary warms up for the summertime. Another thing that is warming up is the housing market.

Spring is always the most popular time in real estate. While other times of the year experience peaks in the market, spring is consistently active in the selling, buying, investing and renting sectors. There are a number of reasons why spring is the most popular time to enter the market.

Read on to find out why and how you can reap the rewards of such an active time in real estate.

First and foremost, the timing is ideal. Spring is a time of change and transition. University students are moving for the summer or…

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Home Staging During An Open House

Happy Open House!

We are so excited that you have begun your journey towards selling your house. This is a huge step that we know must have taken a lot of time and consideration. Do not be afraid, be excited; this is the start of a wonderful new chapter in your life.

Open Houses are a lot of fun. You get to stage your home to look its absolute best, share with others all the things you love so much about your property, and you get to start seeing offers roll in. However, hosting an open house comes with an element of risk. After all, there will be complete strangers wandering around your home.

Most realtors will welcome potential buyers but let them explore on their own to make them feel comfortable. This means there is a potential for something…

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