Dave Rose
Animated Banner of Calgary
“A home is a house brought to life."




Hire a Professional Real Estate Agent

A qualified, competent real estate agent will help you navigate the myriad of decisions that arise when buying and selling a home. An agent provides value to the homeowner in many ways:  

  • Pays for all marketing and advertising costs.
  • Adds experience and expertise in all aspects of the sales process including marketing, financing, negotiations and more. 
  • Handles all showings.
  • Brings a network of known, trusted real estate professionals. If your agent doesn't have the answer, he or she likely knows someone who does.
  • Always has your interests in mind so you always have someone on your side.
  • Can handle and advise on all price and contract negotiations.
  • Provides you with all the possible options and opportunities without holding back.
  • Gives an unbiased, realistic view of your home and your options. Unlike buyers and sellers, an agent has no emotional attachment to property.
  • Has the knowledge to help you ask the right questions.
  • Being a third party, potential buyers are more likely to tell your agent the truth about your home, even if it is unflattering. This objective viewpoint will help you make the necessary changes to get your home sold.
    Your time is valuable. A real estate agent allows you to spend your time how you want.

  • For Buyers'


    Getting Ready
    Here are some items you might want to address in an offer:
  • The proposed selling price - which is your offer
  • Any home inspection contingencies
  • The amount of your deposit that is being tendered with the offer
  • Any concessions you wish the seller to make (washer / dryer included etc)
    Since an offer can become a contract quite quickly, it is important that you understand how they are two sides of the same coin. You need to work close with your agent at this time.

    Mortgages
    There are many things to consider while you are preparing to buy your home, here are a few things you should consider:
  • Don't hesitate to ask why the seller is selling. At the same time, you don't want the sellers to know what your time deadline is or what your motivation is to buy...they may try to take advantage of your weakness. You may want to go through a broker - look at the pros and cons and determine if this is what you want to do.
  • What type of mortgage best suits you and your families needs? Do you want to pay weekly, bi-weekly, or monthly?
  • What is the mortgage interest?
  • Is this your first home?

    Closing
    Real Estate transactions involve many several transfers of money and specific costs to different parties - although unique to each sale and individual, the most common are (talk to your agent to find out a more detailed listing):
  • Attorney/Lawyer fees (yours and your lenders if applicable)
  • Property taxes (to cover tax period to date)
  • Interest
  • Title insurance
  • Any Documentation preparation fees
    Before you sign any closing documents you should have your attorney/lawyer review your papers and closing documents to ensure your interests are protected. Your real estate agent might assist you on selecting a lawyer, or you could find your own. Here are some questions you should ask when looking for a lawyer could be:
  • Will the lawyer be representing anyone other than you during the transaction?
  • Will the lawyer be paid by anyone other than you in the transaction?
  • What is the lawyer's charge for negotiating the agreement of the sale and of reviewing the documents?

    The Move
    1. Document an inventory of your belongings before you pack. Also, decide whether moving yourself or whether hiring a professional moving company is better for you and your needs.
  • Add up all the moving costs you may incur such as boxes, truck rental, gas, and insurance. Compare this cost to the cost of hiring a professional moving company.
  • Also take into account if you will have the time to pack, move and unpack your belongings. If you can take the appropriate time off of work, will you have enough people who would be willing to help you? Will you be driving the rental truck, and if not do you know someone who could?
    2. If you choose to hire a professional moving company consider these options:
  • Look at a few different companies and what they offer, get written quotes from each to compare. Perhaps a family member or friend will refer a company.
  • Movers are limited by law regarding what they can give you for lost or damaged goods. To cover potential damage, check your existing homeowner or renter's policy.
  • Determine if you want to do the packing or unpacking - some companies offer this service for an additional cost.
    3. Once this has all been decided, make another list of the little things people often forget to keep in mind on the day of the move (some may have to be done a week before the move):
  • Have copies of new address handy for those helping you
  • Complete a change of address with the post office and let others know of your address change (lights, water, phone etc)
  • Keep some cleaning supplies out so you are able to clean after the house is empty
  • Leave some toilet paper in the bathrooms of both the new and the old house
  • Reserve the elevator in your building if you live in an apartment
  • Double check closets, drawers, shelves etc to be sure nothing was left behind
  • Carry important information, currency and jewelry yourself


    4. Make arrangements for your pets. Most times the animals can be moved in your personal vehicle. Remember to keep the food, food dishes and water dish out as well. Also keep in mind that some animals can get vehicle sickness - for longer moves, see your vet.
  • For Sellers'


    Getting Ready
    There are many things to consider while you are preparing to sell your home, and the more prepared you and your family is, the easier the journey will be. Here are a few things you should consider:
    1. Presentation is everything. You might want to spend some time sprucing up your home with paint and take care of any necessary repairs as well. You would be amazed at what a little cosmetic work can do in how potential buyers react to your home. This not only will help you get the very best price, but could also help you get an offer sooner.
    2. Document an inventory of your belongings before you pack. Also, decide whether moving yourself or whether hiring a professional moving company is better for you and your needs.
  • Add up all the moving costs you may incur such as boxes, truck rental, gas, and insurance. Compare this cost to the cost of hiring a professional moving company.
  • Also take into account if you will have the time to pack, move and unpack your belongings. If you can take the appropriate time off of work, will you have enough people who would be willing to help you? Will you be driving the rental truck, and if not do you know someone who could?
    3.If you choose to hire a professional moving company consider these options:
  • Look at a few different companies and what they offer, get written quotes from each to compare. Perhaps a family member or friend will refer a company.
  • Movers are limited by law regarding what they can give you for lost or damaged goods. To cover potential damage, check your existing homeowner or renter's policy.
  • Determine if you want to do the packing or unpacking - some companies offer this service for an additional cost.
    4.Once this has all been decided, make another list of the little things people often forget to keep in mind on the day of the move (some may have to be done a week before the move):
  • Have copies of new address handy for those helping you
  • Complete a change of address with the post office and let others know of your address change (lights, water, phone etc)
  • Keep some cleaning supplies out so you are able to clean after the house is empty
  • Leave some toilet paper in the bathrooms of both the new and the old house
  • Reserve the elevator in your building if you live in an apartment
  • Double check closets, drawers, shelves etc to be sure nothing was left behind

    Marketing your home
    Some things to think of regarding the marketing of your home (Your agent should be able to help you):
  • With the proper steps of a comprehensive market analysis or schedule of marketing activities.
  • Promotional materials with photos of your home and its special features - prepared for prospective buyers or even for distribution to an agents custom mailing list.
  • Newspaper ads and marketing publications in which an ad for your home can appear

    Negotiating offers
    Learn as much as you can to prepare for the negotiation. Knowledge is power. Your best preparation is to get your house into top condition so buyers won't have any major physical objections to your home. Also have the facts on recent sale prices of comparable homes in your area.

    You might want to make price adjustments for the pro or cons of your home compared to other homes in your area that are for sale.

    Closing
    There are usually closing costs associated at the time of taking possession of your home. These could include the following (talk to your agent to find out a more detailed listing):
    1. Attorney/Lawyer fees (yours and your lenders if applicable)
    2. Property taxes (to cover tax period to date)
    3.Interest

    4.Make sure you have an updated Real Property Report.
    5.Any Documentation preparation fees


    Before you sign any closing documents you should have your attorney/lawyer review your papers and closing documents to ensure your interests are protected. Your real estate agent might assist you on selecting a lawyer, or you could find your own. Here are some questions you should ask when looking for a lawyer could be:
    1.Will the lawyer be representing anyone other than you during the transaction?

    2.Will the lawyer be paid by anyone other than you in the transaction?

    3.What is the lawyer's charge for negotiating the agreement of the sale and of reviewing the documents?