Real Estate Blog



I'm very excited about this particular blog, because I think it's a very important aspect of the moving process that goes largely ignored by buyers and their agents. I do understand why, it's hard to really know much from viewing a home beside them. But, having said that, there are things an agent should do in my humble opinion. For example, if I'm showing a property and the neighbors are outside, I will ALWAYS strike up a conversation, just to try and get a quick gauge on what they're like. 99% of the time they seem friendly and great, but I have picked up on a couple odd things that I didn't hesitate to pass on to my buyers. For example, one neighbor I spoke to didn't hesitate to provide a litany of petty complaints against the

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Currently in Saskatoon, we are sitting at a 38% absorption rate. That's a fancy way of saying 38% of homes listed are selling. Obviously that's consistent with the drum we've been beating for the last couple months, and that's reminding everyone that we are squarely in a buyers market. This also means a lot of properties, good, well maintained homes are sitting on the market for prolonged periods, watching their value go down and down. Is it fair? Of course not, but the market doesn't care about fairness.

If there is a 'silver lining' here. it's that you aren't alone. Due to the sheer amount of inventory here, buyers simply have the 'Cheesecake Factory' problem, which is their menus are too big. If…
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First of all, this is a judgement-free post. REALTORS® are always the first ones to point out that this is one of the biggest financial decisions you will ever make in your life (which is why, you should always use a REALTOR®, but I digress). So with that said, it's understandable how one could feel the proper approach would be to overcompensate in terms of applying a seriously intense criteria to the house buying process.

Having said that, while it's good (and imperative) to be diligent in regard to making sure your home has all the things you hold near and dear to your heart, there are still some things you should remember so you don't start to create roadblocks that frankly shouldn't be there.…
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You're in a loving relationship. Awesome. You want to move in together? Whoa, that's really awesome! But, hold up for a second...that's a huge move. I mean, we're happy for you and everything, but let's look at four questions to ask your partner before you actually move in to make sure you're on the same page.

1) "Hey, so how long do you want to live there?"

You don't have to have the exact same timeline, but you can't be really far off either. If one considers it a 'starter' home and the other consider it a 'forever home', there's a pretty good chance conflict will arise more sooner than later. Make sure you are pretty close in terms of how long your will

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The title is pretty self-explanatory. These are just some questions you should ask when interviewing a REALTOR® pay close attention to their answers. This will greatly assist you in choosing the best REALTOR® for you.  We share them here today!

1) How many years of experience do you have selling real estate?

And don't always attach a 'more is better' policy to this. Some of the worst agents we deal with have been in the game way too long. But it's all about level of comfort. So make sure their level of experience is consistent with what you're comfortable with.

2) Are you a Licensed REALTOR®?

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MEDIA RELEASE

Jason Yochim, Chief Executive Officer

Buyer's Market Continues

Saskatoon September 5, 2017.

A slight decline in home sales year over year, low interest rates and stable home prices coupled with elevated inventory levels, continues to make Saskatoon an ideal market for home buyers. At the end of August there were 2,183 active listings in Saskatoon, just slightly down from the record set last month. “In the coming months, home buyers will look back with hindsight and realize how opportune the market was with all of these elements in place.” According to Jason Yochim, CEO with the Saskatoon Region Association of REALTORS® “It is only a matter of time before the market shifts as

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Energy upgrades that can help your home sell faster Moving is stressful. Between hoping you’ll get the price you want for your current home and then packing up all your possessions into boxes, it’s no wonder that by the end you swear “I’m never doing this again!” According to a recent CENTURY 21 Canada survey which asked more than 1000 real estate agents what homeowners want, homes with energy efficient features are increasingly important to buyers, and they’re willing to pay a premium for appliances and upgrades that increase efficiency. But where should you start with so many options on the market? It really depends on your budget. Low cost upgrades (under $100): Light fixtures: If some of your lighting is looking a bit dated, you may need to upgrade it…
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Now I should preface this by saying I'm not speaking for all REALTORS® with this post, but I can say with quite a bit of certainty I do speak for a lot, certainly our team. For the record we absolutely love working with sellers, we take great pride in pricing properly, keeping our sellers updated on market conditions, making sure the property looks as good as possible, etc. But just in the name of good fun, today we'll reveal some secret thoughts that many REALTORS® have during the selling process.

1) "You think your home is worth HOW MUCH?"

I think my favorite part of our listing presentation is the section on how NOT to price a home. We run down a list of

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Everyone likes the idea of a fixer-upper. That is, until you're actually fixing it. Nothing has the potential to destroy a marriage quicker than a huge fix-up project, other than maybe Monopoly. But obviously given the right set of circumstances, they can make a lot of sense. Let's examine some of those.

1) Well, they're real cheap, aren't they? Usually they are priced very very low in accordance with all the fixups required. The National Association of Homebuilders, says people shopping for a fixer-upper can expect to spend 20% to 25% less than what they'd have to shell out for comparable homes that are move-in ready. Homes with serious issues—such as with the foundation, termites, or

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We know, this isn't a super-fun concept. Buyer's are more educated than ever. and in almost every case, they have every intention of using that knowledge to obtain the best possible purchase price for their next house. And now that we find ourselves squarely in a buyer's market, all of the buyer's leverage will be amplified accordingly. If you're a seller, and you have every intention of selling in this market, this isn't necessarily a reason to panic, although it is necessary to refine your selling approach to achieve your goal of selling the house in a timely manner. How's that done? Well, let's take a look and lay out what needs to be done in a market like this:

1) Price the thing right! This

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