HOW MUCH ARE REALTOR FEES IN CALGARY

REALTOR® Commission Rates For Buying and Selling Homes

So you’re thinking about buying or selling your home in Calgary, but haven’t gone through the process of utilizing a licensed REALTOR®, you may have inherited the property, are a first time buyer or seller, or have done transactions privately, and now you're wondering what a REALTOR® might charge for their services aka the REALTOR® fees! 

First and foremost, REALTOR® fees are always negotiable and are not set in stone by any means. This means one agent or Calgary real estate team could charge differently from one another as they may offer more value or built in services than the other.  A common REALTOR® Commission that you might hear about with listings is the 7 and 3 model, which means that a…

13312 Views, 0 Comments

Top Tips for Finding the Best Realtor® in Calgary

With over 5,000 agents in the Greater Calgary market, our team shows you some ways to help locate the best real estate agent or team that Calgary has to offer! Read below to see our tips for finding and hiring the best realtor in Calgary.

Our guide on 

HOW TO FIND A TOP REALTOR® IN CALGARY

By the Real Estate Partners Team with Re/Max First | Your Top Calgary Real Estate Team 

When it comes to selling or buying a property in Calgary, you must ensure that you’re working with the best real estate agent Calgary has to offer! This can come in the form of a team or an individual agent, but is ultimately an agent who is not only experienced in your area, but one who is always looking out for your best interests and can be…

5482 Views, 0 Comments

Calgary Mortgage Deferral

With new information and changes coming daily, many Calgarians, and Canadians have been asking in their homes. Should I defer my mortgage?  

Calgary Mortgage Tips

To defer or not to defer – it’s the million dollar question! As COVID 19 hit Canada over the past weeks and many non-essential businesses began laying off employees, there has been much miscommunication from the government, both federally and provincially, that lead both homeowners and tenants to believe that mortgages are being “forgiven.” This is just not correct.  Period.  There is ZERO mortgage forgiveness being offered to homeowners.  All those mortgage payments have to be made, eventually.  The major banks and other lenders across Canada have worked to put mortgage “deferral”…

1507 Views, 0 Comments

Calgary Real Estate and COVID19

COVID19 AND CALGARY REAL ESTATE 

It's important for our team to provide communication not only to our clients, but consumers wondering how this virus effects and shapes the world as new measures and changes come through.  

Presently our team is working with buyers and sellers throughout the city, however, we have had clients postpone showings and viewings on homes for the interim until more clarity on the outlook of this pandemic is certain. 

Our team has taken the efforts and steps to help provide clarity online through social media to educate buyers and sellers of precautions for showings whether you're a buyer, seller, or buyers agent and have updated our showing instructions to reflect these new measures in hopes that responsibility within…

1841 Views, 0 Comments

Calgary Mortgage Rates March Update

This market is BONKERS.

A quick update on the newest bank of Canada mortgage rate DECREASE, the second drop we've seen recently.  

100%, this is the most crazy mortgage market that we've seen in our lifetime. Changes to the fixed rates, variable rates & bank rules coupled with the up coming changes to the stress test (that will take affect on April 6th, 2020) have created unprecedented volatility.  

It is imperative that any buyer clients, pre-approved for mortgages check in with their lending professionals about their mortgage pre approvals prior to writing an offer.  Rates, rules and times are a changing faster than we've ever seen.  

Clients that have mortgages committed at 2.80% or higher should absolutely consider breaking these mortgages and…

1651 Views, 0 Comments

BREAKING Mortgage News | Coronavirus Causes Drop In Mortgage Rates!

Calgary Mortgage News

Effective this morning the Bank of Canada has decreased their overnight lending rate by 50 basis points or .5%.  Although many expected a rate drop in late 2020, this was certainly a more substantial drop than anticipated.  This drop comes on the back of general weakness in the global economy due to the Coronavirus or COVID-19 outbreak and the .50% drop by the Federal Reserve yesterday, March 3rd 2020.

Before today, the last move to the Bank Prime Rate was in October of 2018.    

The media is full of information (some correct and some incorrect) so we wanted to take some time to break down exactly how this effects mortgages and our clients in the Calgary, Residential Real Estate Market.  

 What drives mortgage rates?…

1491 Views, 0 Comments

Canyon Meadows REALTOR

REALTOR® Dusko Sremac 

If you live in Canyon Meadows there's a good chance you've seen the name Dusko Sremac leader of the Real Estate Partners Team with Re/Max First around the community, whether it's an open house, a for sale sign in front of one of our listings, or on one of the many bus benches seen throughout the community. Dusko is an experienced 

If you're not familiar with the community of Canyon Meadows, it's a community located in the heart of the southwest side in Calgary, whether you're in a car, or taking transit, this community is easy to commute from. You'll find the Canyon Meadows LRT station located within the neighborhood, this provides you with direct access to downtown, as well as SAIT and the University of Calgary. Nearby…

10143 Views, 0 Comments

Eight Winter Tips For Homeowners

Our latest blog prepares you for the cold winter months of Canada with...

8 Tips For Homeowners in the Winter!

From saving on energy bills to proper maintenance and winterizing tips, the Real Estate Partners with Re/Max First  (a top Calgary real estate brokerage and a top real estate team) that proudly serves Calgarians and the surrounding areas of Cochrane, Airdrie, Okotoks, Langdon and Chestermere.  

1.  Thermostat 

    Feeling the woes from last years winter bills? Your furnace running constantly to keep your home at a toasty... 24? 23? 22? 21? Either way, you're definitely relying on a thermostat to keep your house temperatures in check, but when you're not home, why are you heating the house up? As many of you know and probably…

2792 Views, 0 Comments

Calgary Home Insurance Tips

 Home Insurance Tips For Calgarians

Much like real estate, many first time consumers are daunted by the complexities of insurance, sure it's easy to walk in, give some details, and obtain coverage that you believe to be adequate, but what about all that fine print on your contract? The coverage, the limitations, and the perils or losses that simply aren't covered are all details you should familiarize yourself with before selecting the right policy for you and your family. 

We've put together a quick little infographic to get you started, but highly recommend you give us a call at 587-578-7653 and ask our client care team to match you with our preferred insurance partners and other highly recommended insurance professionals that we utilize for…

3709 Views, 0 Comments

Find out what a home sold for in Calgary

Unlike other real estate markets in North America, in Calgary, real estate sold data is hard to come by, yet many of our buyers (and even us as real estate agents)  always are curious about what certain homes sell for, it's what we jokingly like to be dubbed as; nosey neighbours! When your neighbour down the street lists their home for sale, and you see the sold sticker hit the sign whether it's in one day or three months, we often wonder what it sold for! It’s easy to find out what a home was listed at while it's still live on the market, you simply pull up our real estate search section on the site, type in the address, or MLS# and you’ll find the listing, along with all the property details, and the list price in one convenient…

5221 Views, 0 Comments