The Monday Morning Report
As in any profession, there is a wide variance in competence from one real estate agent to another. But even if a REALTOR® is in the Top 1% of all agents in skill, knowledge, and experience, they can often still be guilty of perpetuating the biggest complaint there is in the business: Lack of Communication […]
New Rules for Short-Term Rentals
This news is from B.C. but it’s being studied all across Canada, including Alberta, and it may very well be legislated in our province sooner than later. Essentially, short-term rentals (STRs) in B.C. (Airbnb or otherwise) will be banned almost entirely as of May 2024. The exceptions are rentals attached to the owner’s principal residence […]
The Many Different Markets Within Calgary
I always talk about how market segments behave differently across multiple property types, price ranges, and geographical pockets within the same city. It’s impossible to provide a comprehensive overview of every scenario in a short blog post, but I thought it would be interesting to show how the absorption rate can vary by price range […]
The Well-Deserved Reward for Doing Everything Right
Last month’s Rant was entitled “10 Key Elements of the Perfect Listing Process.” This month, here’s a real-life recent story about what can happen as a result of doing absolutely everything right with a listing! I met with the sellers, and after reviewing everything, we set an aggressive goal for the list date. We wanted […]
10 Key Elements of the Perfect Listing Process
Let’s say you’re considering selling your home. And you happen to know a very experienced, skilled, and knowledgeable agent who is also hopelessly honest and always has your best interests at heart. Here’s how the process should go to achieve the best possible result: 1. You call your trusted agent sooner, rather than later, even […]
The Disingenuous Bashing of Traditional Real Estate Marketing
Paraphrasing a well-known real estate team leader, “Old-school traditional real estate marketing only gets you so far. Today, you need much more than what agents were doing 20 years ago.” This sounds entirely logical, but it’s actually incredibly deceitful. It’s like saying, “The only thing that hockey player is good at is scoring goals!” Indeed […]
Ted’s Suggested Buyer Strategies in a Super Tight Market
Every active buyer in Calgary is well aware that we are experiencing an extremely tight real estate market with the lowest inventory levels since 2006 I have numerous buyers right now, just waiting for the right property to hit the market. And when I say “waiting,” I mean waiting, and waiting… And waiting… For some, […]
Why MLS Ads are so Mind-Numbingly Boring
Did you know that most REALTORS® despise the task of writing Ad Copy for their listings? They hate it so much that many delegate this task to their assistant or an outside “professional.” Some are now using ChatGPT, which can produce better results, but the output still depends entirely on the quality of the input. […]
The Most Expensive Error Made by Buyers
Every day, I scan the MLS System looking for good new listings for my buyer clients. And, while I’m at it, I notice the listings that just sit there, day after day, and never sell. Perhaps this is obvious, but there’s only one reason a listing doesn’t sell; it’s overpriced. Even a completely destroyed house […]
8 Top-Tier White-Glove REALTOR® Strategies
Below is a very brief synopsis, but you really need to see the booklet to fully appreciate how each strategy works in conjunction with all the others. Strategy 1 – Free Professional Home Staging Consultation Explains why I offer this free service from Angela (Certified Staging Professional) on every listing and why it’s free. Strategy […]