Q: Do I have to complete any Records if the transaction was initiated
prior to the entry into effect of the new regulations on June 23rd?
A: FINTRAC advises that a seller's agent who took a listing pre-June 23rd would
have to ID their client ONLY if an offer in regards to that listing is accepted on or
after June 23rd. For the buyer's agent, the same would apply. A Receipt of Funds
record ...
Posted by Margaret Anderson
on July 27, 2008
The Reluctance of Prospecting
Every agent has reluctance to prospect, and everyone has their own set of reasons why they don't like this critical part of the business. Most people fear rejection or take the rejection personally, or they don't know what to say. Some even feel that making these calls is beneath them or makes them appear "slimy". Here are some other top reasons for the reluctance of ...
Posted by Margaret Anderson
on July 25, 2008
Recent press release from the City of Red Deer highlights the continued growth in Red Deer.Red Deer is home to 2,111 new residents - an increase of 2.46 per cent over 2007. The increase brings Red Deer's total population to 87,816.Last year's census saw an increase of 3.22 per cent, with a 4.92 per cent increase in 2006."Growth in Red Deer is down slightly over previous years, but the census indicates ...
Posted by Patrick Galesloot
on July 23, 2008
MLS Stats:More listings available for buyers to look at. A common question we hear today is can I write an offer subject to the sale of my home? More often the answer is yes. While this may not be an acceptable term in an offer for every seller it is quite common. The Red Deer market place is such that buyers can find the house that they really want and trade up. A contrast ...
Posted by Patrick Galesloot
on July 23, 2008
2008 is shaping up to be the year for change in Real Estate. June 23rd, 2008 marked a significant change to real estate business. Realtors require your I.D.A new federal law came into force, real estate agents will ask to see your driver's licence, or other government-issued ID. They'll also need to keep personal information identifying their clients, such as occupation and birth-date, ...
Posted by Patrick Galesloot
on July 21, 2008
1. Selection, selection, selection.• How many properties on the market today in Red Deer? 733• How many Apartment condos? 100• Town Houses? 88• Half Duplexes? 53• Single Family? 4502. No Bidding Wars. 3. You can make an offer.• What is the average list to selling price ratio? 97%• How low of an offer is normal today? $20,0004. Patience is tolerated.• How many homes does the average buyer look ...
Posted by Patrick Galesloot
on July 5, 2008