Geoff Antrum &    Matt Antrum Welcome to Search Calgary Homes

Selling your Calgary Home: Online Marketing Works “GOOGLE, MLS®, Realtor Sites”

Mon, 15 Apr by Geoff Antrum & Matt Antrum (Father & Son Team)

Selling your Calgary Home: Online Marketing Works “GOOGLE, MLS® & REALTOR® Sites”

1) Google: is by far the most important Search Engine for marketing your home. Adwords and Organic marketing both work on Google.

2)  MLS® (Multiple Listing Service) is a “must have” for selling your home (www.REALTOR®.ca) in Calgary. The service allows many Buyers and REALTORS®  to view online your home and make an appointment to view.

3) REALTOR® Websites that are using Google to advertise your home is also very important.

Matt Antrum and Geoff Antrum  REALTOR® Services use Google,   MLS® and www.searchcalgaryhomes.ca to sell your home with CIR REALTY.

Please check out our website, www.searchcalgaryhomes.ca  if you are planning to sell or buy a home in the next few months. Call us at 403 608 5684 (Matt Antrum) or 403 608 5682 (Geoff Antrum).

2014 is going to be an exciting year for real estate in Calgary. We are planning to release a new real estate website in 2014.
So please stay tuned for our updates and Blogs.

 

The trademarks REALTOR®, REALTORS®, MLS®,  are controlled by The Canadian Real Estate Association (CREA). Used under license.

 

What Is Your Calgary Home Worth? How does a Seller find out the Value of their home?

Sat, 25 Feb by Geoff Antrum & Matt Antrum (Father & Son Team)

What Is Your Calgary Home Worth? How does a Seller find out the value of their home?

Some Sellers rely on the City of Calgary Assessed Value when it comes to selling their home. And when it comes time to sell their home they expect their REALTOR® to use this assessed value for the List Price. The sellers expectations have been set not by market value but by a City assessment.

Have you just recently seen your assessed value come in the mail. Please read on………….

Here is an example for you. Two homes (Homes A & B) on the same street, that were built by the same builder, 1992 for example, that have identical: sq feet, # bedrooms, # bathrooms, both have finished basements, double attached garage, same lot size that is fenced, similar location and views. The City of Calgary would have an assessed value that is the same, for example $450,000.

However, when a REALTOR®  views the two homes for value and conducts a CMA (Comparative Market Analysis) the home values are significantly different than the City Assessed Value. Why is this?

Home A: Has been rented for the past 20 years, over 15 tenants! The home is in its original state. In other words we have the original flooring (carpets and lino), kitchen, appliances, same paint work, blinds, same deck, roof, window frames/doors, and furnace. No renovations have been done on the home. Its looks worn out and ready for a major renovation. The  REALTOR® CMA List Price comes in at $430,000.

Home B: Has the original owner still living there. The home has been totally updated and renovated: hardwood and tile flooring, new kitchen: with granite and new cabinets, new high end appliances, well painted home (inside and out), expensive blinds/drapes, new deck (maintenance free), new window frames/doors, new roof, new furnace, landscaped gardens. The home is in top notch condition, ready for selling.  The REALTOR® CMA List Price comes in at $490,000.

 So with a REALTOR® CMA we can have this difference of $60,000 between the two homes, and the city assessment is the same for the two homes?

A second effect or delay, is the City assessment timing. It’s out of date when you get it!

“An assessor reviews and measures the real estate market on July 01, 2011 to establish typical market rates. Your property assessment is based on the real estate conditions as of July 1 of the previous year and the physical characteristics and condition of your property as of December 31 of the previous year. This again skews the value of your home, since homes could have changed in price, for example, they may have increased by $10,000 since the City did the assessment.

A CMA conducted by a REALTOR® is for homes sold now, in the past 1 to 3 months on your street and community. Not the previous year. The CMA reviews the condition of your home today and takes into account the improvements or lack of them.

So sellers when you come to sell your home please look at the REALTOR®CMA as the major influence in choosing a List Price. Be very careful of using the City assessed value that was conducted last year. The assessed value is really meant to establish your taxes. It does not look at specific homes and what the seller has done with the property over the past 20 years.

So if you are thinking of selling your home in the next few months please call or email us and we can conduct a REALTOR®  CMA that is based on homes that have just sold in your community and street, and we can also review your home for renovations and upgrades.
Please check out our site for   Thinking of Selling?  as a first step and contact us if you plan to sell this year.  Sell Your Home with CIR REALTY, call 403 608 5682 for more information. Check our website at www.searchcalgaryhomes.ca

The trademarks REALTOR®, REALTORS®, MLS®,  are controlled by The Canadian Real Estate Association (CREA). Used under license.

Check List For Calgary Buyers

Fri, 16 Sep by Geoff Antrum & Matt Antrum (Father & Son Team)

Check List For Calgary Buyers

1. Mortgage pre-approval is required to make an Offer on a Home.
REALTOR® will need bank agent name & contact tel. # to confirm.

2. Deposit cheque is required at time of Offer, usually $5,000 to $10,000.
Deposit is returned to the Buyer if Buyers Conditions are not met.

3. Minimum Down payment is usually 5% or more, unless the Buyer is using Zero down mortgage.
Down payment is required before Possession day.  The deposit usually goes towards the down payment.

4. Purchase Price of Home is negotiable. Seller & Buyer need to be motivated and willing to negotiate a deal that is fair to both parties.
What are comparable homes selling for in community? What is Calgary housing market doing?
Ask your REALTOR®  “What is the average drop for List to Sold price in area you plan to buy in?”

5. Offer has to be prepared in writing by the Buyers REALTOR®.

6. Does the Buyer have to terminate their rental agreement?

7. Home Inspection is highly recommended. Buyer pays for inspection.

8. Buyers Conditions are recommended in the Offer to protect the Buyer:
• Finance Condition for mortgage approval
• Home Inspection Condition
• Condo Review Condition (only if buying condo)
• 5 to 10 days is usually allowed for Buyers to meet conditions.

9. Photo ID is required for all the Buyers, e.g. Drivers License or Passport.

10. Look on www.SearchCalgaryHomes.ca for Calgary Homes For sale.

Example: Home Purchase Price is $300,000
Deposit: $5,000 required at time of Offer (goes towards the down payment)
Down Payment: $5,000 plus $10,000 Total: $15,000 (5% of purchase price)
Note the deposit is negotiable and may vary.

The trademarks REALTOR®, REALTORS®, MLS®,  are controlled by The Canadian Real Estate Association (CREA). Used under license.

Open House: Sunday 3rd July Bowness NW Calgary

Sun, 03 Jul by Geoff Antrum & Matt Antrum (Father & Son Team)

Open House: Sunday 3rd July Bowness NW Calgary: Time 1 pm to 4 pm  3403 Bowmanten Place

Price: $449,000 MLS C3476776  Fully renovated, large lot, double garage.

For details: http://www.searchcalgaryhomes.ca/view_listing.php?listing=sys&id=C3476776

This is a CIR REALTY Listing call 403 608 5682 to view this home.

Calgary Real Estate can be found at: www.SearchCalgaryHomes.ca

The trademarks REALTOR®, REALTORS®, MLS®,  are controlled by The Canadian Real Estate Association (CREA). Used under license.