If you’ve been watching the Edmonton real estate market throughout the past few months then you already know it’s been unpredictable!

It’s no surprise to real estate agents in Sherwood Park that residents are reaping the benefits of an increased demand for real estate in the Greater Edmonton area. Homes for sale in Sherwood Park are selling at a quip. Stats suggest that the area is in the top 3 for fastest sales; with most homes averaging a quick 42 days on the market. This is great news for sellers in the Sherwood area, because they won’t have to wait long to move. This is especially convenient for both buyers and sellers, since everyone is feeling the urge to move and shake as the pandemic wears on.

The great news is that while the initial start to 2021 might feel reminiscent of 2020, the latter half should see us on the other side. As Tom Shearer, chair of the RAE recently remarked to the Calgary Herald:

“We are hopefully on the tail end of real tough times here in Alberta, and people have done things to save money and be more cautious and really stabilize their financial situation.”

Real Estate Sales Benefit From Albertans Financial Discipline

It could very well be due to Albertans ability to buckle down, that we are seeing housing sales in Greater Edmonton jump to record levels. In fact, December’s sales were up 31 percent from the year previous. The average home price was also up from the year prior. It clocked in at $362,000 on average, which is up 2.6 percent from last year.

With low interest rates to stimulate the economy, we can expect to see home sales in Edmonton continue to soar in 2021. Especially in areas like Sherwood Park.

 

If you’ve been considering a move within the Edmonton area then give the local experts at Re/MAX Elite Edmonton a call first! We are here to answer any questions you might have about real estate.

North Edmonton Realtors have an obligation to do everything they can, and utilize every tool in their arsenal to sell your home. As the home owner you need to be sure that your agent is doing that, as you are putting your trust and your home in their hands. Here is a list of just a few things North Edmonton Realtors should be doing for you.

A Proper Home Evaluation

Doing a proper home evaluation and pricing your home on the market correctly is one of the most important things your realtor should be doing for you. When listing real estate some agents will take the easy way out and just price the home to whatever the seller wants, but a good realtor will use all of their knowledge of the industry to make sure your home is priced correctly.

Marketing

Another very important thing your agent should be doing is marketing your home to the best of their abilities. Make sure that your agent is taking great photographs of your home, and editing them to look the best they can. We can’t expect every agent to be a professional photographer, so if you’re not happy with the agents photos express that to them, and ask that they hire a professional.

Also make sure that your agent has added your listing everywhere on the internet. The listing should be showing up on realtor.ca, their website, their brokerage’s website, and all over their social media. Most people looking for real estate in Edmonton are going to be using the internet, so those places are key to selling your home.

Strong Communication

Unfortunately there are some agents out there that will take on a client, and barely speak with them throughout the home selling process. As you have hired them to represent you in selling your home, you have a right to know everything that is going on. Do this by making sure your agent is communicating with you regularly about everything, especially any feedback they have received regarding your home and any potential sales related to real estate in Edmonton.

Negotiating

The best realtors should always be fighting for you, and get you the best terms and conditions they can. An exceptional agent will never think about themselves and their commission, they will only have you and your best interests in mind. It is always best when researching an agent to make sure they don’t NEED the sale, as they will only be thinking about what they’re getting out of it, and as fast as they can get it.

After the sale

Even after closing the deal your real estate agent should always been there for you. Whether you have questions about property tax, transfer tax, or anything else that comes with purchasing a new home, your agent should always going to be there to help you in any way you need.

For more information on what North Edmonton Realtors agent should do to help sell your home, contact RE/MAX Elite today.