Why do I need a Realtor?

One of the top unknown realities of a first time home buyers is: the buyer does NOT have to pay real estate fees!!! Just in case you missed that - If you’re a buyer, you do not have to pay any real estate fees. How awesome is that??? We, as Realtors have Fiduciary Duties to ensure that we look after YOUR best interests and no one else’s. There are so many legal entities involved in a real estate transaction, there are certain due diligence that you want to take to protect yourself and your investment…….and how about paying a fair market value for your new home AND knowing that it has good resale value! This is what your realtor will do for you while representing you. 

Many buyers will approach the listing realtor of each home for them to show that home…… this is another “faux pas”. That is a conflict of interest as the listing realtor is also representing the seller. The best advise I can give you is to interview a few realtors and see who is most in line with what you’re looking for and who you connect with the best. Work with that realtor to find the perfect home for YOU!!

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Tips For  First Time Home Buyers
Have you been toying around with the idea of buying your own home instead or renting? Are you tired of abiding by the landlord’s rules and having their decor? Now, might be the time to start looking into what it all entails.
The first thing you DON’T want to do is just start looking at homes. There are so many things you’ll want to educate yourself on first. Let’s start by taking the time to chat with the experts in the field? Who can you talk to? My suggestion would be to talk to a few realtors and see who you feel most connected to. See who you feel would be looking after your best interest and will take the time to properly educate you so you can make proper decisions along the way. This will most likely be the biggest purchase of your life.

New property listed in Zone 16, Edmonton
I have listed a new property at 11259 10 AVE in Edmonton.
Welcome home to this Immaculate Carriage Custom Built Bungalow located on a beautifully treed, quiet street in Twin Brooks. As you enter the front door, you’ll be in awe with this impeccably maintained home. There is plenty of room to host family get togethers in the LARGE DINING ROOM and formal front living room. The kitchen features VAULTED CEILINGS, large PANTRY and overlooking the quaint family room with GAS FIREPLACE. Patio doors lead to the extended OUTDOOR LIVING SPACE, which features covered and uncovered patios. The south facing backyard is right out of the “Home and Garden’s” Magazine and can be your own private retreat. The basement is fully finished with another family room, games room, wet bar, 3 pc bathroom, Den and Two more HUGE BEDROOMS. All this plus a newer furnace and HWT. Act quickly, as this beautiful bungalow won’t last long.


Below is a statement from RECA regarding real estate agent services as an essential service (issued March 28, 2020):  

The Government of Alberta has deemed real estate agent services, and services that provide access to credit, stocks or other forms of liquidity or finance to individuals, groups or businesses to be essential services. This exempts licensed real estate and mortgage professionals from restrictions during the COVID-19 outbreak, as long as they follow all public health guidelines, including physical distancing measures.

This means brokerages will not need to shut down operations at this time. Albertans rely on these professional services, and brokerages are encouraged to remain open.

"RECA's mandate is first and foremost to protect the public, and it remains our highest priority," said Duane Monea, Administrator of the Real Estate Council of Alberta. "By being deemed an essential service, real estate and mortgage professionals have been given a great responsibility in assisting Albertans during this crisis. I am confident the industry will meet the challenge, and adapt their business practices in order to protect the health and safety of the public."

Firstly, professionals must ensure they explain to their clients the impacts of COVID-19 in their real estate or mortgage transaction, and discuss all options together with their advantages and disadvantages, so their clients can make informed decisions. Professionals can be a reliable source of information on minimizing any health risks involved in trading in real estate or dealing in mortgages at this time. Professionals should point clients to RECA's COVID-19 for Real Estate Consumers' website.

Secondly, professionals must also assess their own risk, and remain vigilant to their health, the health of their clients, and the health of their colleagues. They must take steps to minimize their health risks and stop the spread of COVID-19.

"Real estate and mortgage professionals must follow the direction and guidance of Alberta's Chief Medical Officer of Health to reduce the risk of transmission of COVID-19," continued Monea. "Professionals must have honest discussions with their clients about the risks during a real estate transaction or mortgage deal, and must explore alternatives to minimize that risk."

Review the industry-focused COVID-19 and Real Estate webpage for information on discussions with sellers and buyers, along with FAQs and specific information for mortgage brokers, on amending contracts, and for residential and commercial property managers.

"I also want to thank the various trade associations for the work they are doing to reduce risk, in particular the Alberta Real Estate Association in respect to the holding of open houses," said Monea. "Open houses pose an unreasonable risk to real estate professionals and the public."

RECA will continue to update all industry professionals and the public if any further directives from the government will impact the industry, and offer advice on how to continue offering the high level of service the Alberta public expects.

RECA will continue operations as the Government of Alberta has deemed all enforcement and regulatory services as essential.

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