When you’re selling your home, you want it to look its best. You want buyers who view it to say, “Wow, I love this place!” However, what if you have a stubborn stain in the carpet, or a cracked floor tile? An unsightly issue like that can be distracting in your otherwise beautiful property.
You have a few options.
First, try to get the issue fixed. There are specialty cleaners on the market designed to lift even the most stubborn carpet stains.
The same goes for hardwood and tile. A flooring contractor might be able to find a matching piece and then replace the damaged section. Contractors also know other tricks-of-the-trade to repair damaged flooring or, at least, minimize the damage. For example, there are fillers and stains available that can make a crack or chip in a hardwood plank look almost invisible.
Home staging can also make damaged flooring less of a focal point in the room. An effective arrangement of furniture, area rugs, and other items puts more of the focus on the overall decor and less on that carpet stain.
In addition, making other more affordable improvements, such as painting, can have a compensatory effect. A buyer may notice the chipped hardwood, but will also notice the walls, which look like new.
Congratulations to my newest VIPs’ Tyler and Vance on purchasing your 1st home!!!
It was a bit of a slower beginning, your decision to enter the world of home ownership, but once made you guys took no time at all in finding the ideal starter and future investment home that fit your individual needs perfectly! ✔️✔️✔️ The stage was set for the perfect deal to unfold….but as soon as we started tough choices had to be made and made very quickly, of which continued all throughout the deal with the final and toughest choice having to be made, with time against you and the clock ticking down before this property would have been lost to another buyer. ⏲ I knew this house was meant to be yours and I just happen to have a never give up fighting attitude so despite the odds and the hour when all was lost the needed miracle was found!!! With a mere 24 minutes to spare until midnight, your contract expiration deadline, I was un-breakably able to ABR® SOLD secure this property into your hands.
Thanks so much for trusting me to guide you through this. It was great working with you both and my pleasure to represent you as your #ABR® #RENE #Realtor® on your very first home purchasing experience. Super glad it all worked out and beyond excited for you to begin your home ownership experience!!! Always know I’m here to help you, your friends and family whenever you need for years to come.
LOUD Shout out to the BOMB Chelsey Limay, Pro-Link Mortgages who ROCKED IT! ; Working late & Fighting hard, along side, for this result - who without, this would not have been possible and BIG THANKS to my VIP Joey for boasting my services and referring me….as promised so delivered. and additional Thanks to the awesome Samuel Bergerman, Bergerman Smith LLP for making it legal! ✋
Although the August real estate market appears to be slowing down compared with June and July, we still see signs of strength. Across the province, year-over-year sales were up over 46% from August of last year (and up over 14% year-to-date), new listings were up nearly 5% year-over-year (but down just over 9% year-to-date), and the median sale price was up over 7% (up 0.2% year-to-date). Inventories were also down in 18 of the 19 markets that the SRA tracks. This suggests that people are still quite eager to buy and are continuing to find value in real estate.
“While there have been some COVID outbreaks across the province, the number of cases has been pretty small” said SRA CEO Jason Yochim, “and this doesn’t seem to have turned people off from buying and selling real estate.” The fact that we had two months of slow activity and that “we’ve almost made up all of that lost ground is simply amazing,” said Yochim.
Median sales prices were up in 14 of the 19 markets that the SRA tracks (with Yorkton and the broader region seeing the strongest declines), while the number of sales in all markets jumped anywhere from just under 4% to close to 226% (except for in Melfort, which saw sales fall 10%). Again, this strong performance suggests that the sector has recovered from the devastation of the pandemic and that real estate is quite resilient.
June’s and July’s strong performance suggested that August would also be a strong month. As children start returning to school in September and the weather starts to get colder, however, we expect activity to slow down and fall off into Q4.
“August tends to be when things start to slow down a little,” said Yochim, “but we’re still hearing reports of multiple offers and of houses being sold almost as soon as they’re listed.”
Although things are starting to “slow down” compared with earlier in the year, the market is in line with historical trends—and we still see generally strong performance.
Sales in Saskatoon were up 41.8%, going from 325 in August 2019 to 461 in August 2020, and up 47.7% in the overall region, going from 449 to 663. In Saskatoon, sales were 26.8% above the 5-year average (and 25.1% above the 10-year average), while in the larger region, sales were 29.8% above the 5-year average (and 27.3% above the 10-year average). Year-to-Date (YTD) sales in Saskatoon rose 8.9% over last year, increasing from 2,557 to 2,785, while YTD sales in the larger region rose 13.4%, going from 3,424 to 3,882.
Sales volume was up 55.5% in the city, going from $105.0M to $163.3M in 2020 (31.4% above the 5-year average, and 28.3% above the 10-year average). YTD sales volume in the city was $957.2M, an increase of 13.3% from last year. In the region, sales volume was up 18.0%, going from $1,076.9M to $1,271.2M (35.9% above the 5-year average and 35.5% above the 10-year average). YTD sales volume increased 18.0% in the region, rising from $1,076.9M in 2019 to $1,271.2M in 2020.
In Saskatoon, the number of new listings in August 2020 rose 7.7%, going from 724 to 780 (0.3% above the 5-year average and 4.0% above the 10-year average), while in the region, new listings rose 6.9% from 1,029 last year to 1,100 this year (2.6% below the 5-year average and 0.5% above the 10-year average). YTD new listings in the city fell 6.4%, going from 5,676 to 5,310, while in the larger region, the number of new listings to date fell 8.1%, going from 8,388 to 7,709. Active listings fell 19.5% in Saskatoon (down from 1,911 to 1,538) and fell 20.3% in the region (down from 3,473 to 2,768).
Inventory in Saskatoon stood at 3.3 months (which is 43.3% below the level last year and 39.9% below the 5-year average), while the sales to listing ratio was 59.1%, suggesting balanced market conditions. Inventory in the larger region stood at 4.2 months (which is 46.0% below the level last year and 40.5% below the 5-year average), while the sales to listing ratio was 60.3%, suggesting that market conditions favour sellers.
Homes in Saskatoon stayed on the market an average of 42 days in August—down 25.0% from 56 days last year (but below the 5-year average of 51 days and below the 10-year average of 46 days). Homes in the region stayed on the market longer than homes in the city at 50 days on average in 2020, but also down from an average of 68 days last year (and 16.1% below the 5-year average).
Median home prices in Saskatoon went from $309,000 to $336,000 (an increase of 8.7%) and were approximately 3.3% above the 5-year and 2.7% above the 10-year average median price. The MLS® Home Price Index (HPI)—a more accurate measure of house price trends—is up 1.4% from $314,900 to $319,400. Year-to-date, the median home price in Saskatoon was $329,456 which is 2.9% above the $320,075 price from the same time last year.
Median home prices in the region went from $293,000 to $327,900 (an increase of 11.9%) and were approximately 5.7% above the 5-year and 6.3% above the 10-year average median price. Year-to-date, the median home price in the region was $311,803 which is 3.8% above the $300,450 price from the same time last year.
~September 2020 SRA News Release
Looking for sound market advice? As REALTOR® and Nationally Accredited Buyer Representative - ABR®, Seller Representative Specialist - SRS® and Real Estate Negotiation Expert - RENE, I can provide you with this advice. Call today.
Congratulations to my repeat VIP’s Ben & Ashley on your #SRSSOLD!!!!
When first contacting me, you were unsure and needing advisement on when and whether to list your property with currently renting tenants or wait until vacancy. With insight into the market, I strongly suggested to put your home up on the market as soon as possible, in which you took my advice and within 2 weeks on the market you had a pending offer.
HOWEVER….this seemingly slam dunk, smooth sailing, quick transfer deal turned into a closing delay nightmare with extension after extension after extension…….….AFTER EXTENSION . While working hard on the last chance & hope to make this sale happen, everyone involved held their breath and hung in there and despite the uphill battle a SOLD was reached….with new owner title transfer possession to occur only a few weeks after you were even planning on listing. I can honestly say this is the longest taking closing of a pending sale I have been involved in...in all my 18+ years as a Realtor. Thanks for trusting me & hanging in there that all would work out.
Thank you for choosing me again to assist you in your real estate needs. It was a pleasure helping you purchase this home years ago and it was incredibly satisfying selling it for you! I truly appreciate your continual trust, support and friendship. Now you can fully move forward in your life plans and officially say farewell to your Saskatchewan ties!!! ✌️
Shout out to...Samuel Bergerman, Bergerman Smith LLP who once again is helping these clients with his legal expertise! AND as well to the Superstar Realtor & coolest Australian in Victoria, BC, my friend, Kieren Rasura, EXP Realty, . Thanks for taking a referral chance on me years ago and choosing me to help Ben & Ashley purchase this property. It was a total pleasure to help them again and continue being a trusted source of real estate insight for your referrals. ✌️
How do you find the home of your dreams within a price range you can afford?
Most buyers start by making a “wish list”. But, it’s easy to get frustrated when you have a long wish list and expect you’ll be able to find a home with every one of those features. You might, for example, have “mature backyard tree” as number 23 on your list, and become disappointed when an otherwise ideal property doesn’t have one.
But when you really think about it, your ideal home probably comes down to just three or four core characteristics. For example:
1. Nice, safe, family-oriented neighbourhood.
2. Good-sized backyard.
3. Four bedrooms and two baths.
Sure, there might be other features you were hoping for, such as “move in ready”, or that big tree, but your “big three” are the ones you really can’t do without.
So, when you’re shopping for a new home, yes, definitely make a long list of features and characteristics you desire. After all, there might be properties available on the market that check off most, if not all, of those boxes.
But also circle those three or four characteristics that are at the core of what you want. That will help make your property search much more focused and you’ll be more likely to find your next dream home.
Another advantage of coming up with your big three (or four) is that you’ll be able to quickly discover how much homes with those characteristics are selling for on today’s market. Once you know that price range, you’ll be able to talk with a mortgage advisor to pre-arrange financing. That will make your offer on that dream home even stronger.
Whatever you choose for your “big three”, I can help you find and buy that home. Call me.
Congratulations to my repeat VIPs Rita & Quentin on your SRS® SOLD!!!!
Based on a multi decade long stemming friendship that began well before I even became a Realtor, you called me up years ago and said “Come sell my house in Prud’homme!’ My response, ”Prud’homme WHERE!!!???? And that was how it all started --- Because of you, I have had the pleasure of helping many of clients purchase & sell homes within the family friendly community of Prud’homme for well over a decade. Not only am I directly responsible for implementing an overall increase in property value in Prud’homme but I managed to become a leading expert in the Prud’homme real estate offering assistance to other Realtors when trading within the town…all while keeping intact my 100% list to sell personal record!
So when you needed my help again, I was there for you even though I was heavily pregnant and actually gave birth the day after listing your house! It was my pleasure to help you again and provide a quick SRSSOLD in less than 3 weeks; which is exactly what you wanted so that you could begin your NEW LIFE chapter!
Thank you so very much for your life-long friendship and for choosing me once again to assist you in your real estate needs. Your continual trust, support and on-going referrals have made a huge impact on my career and I am eternally grateful.
I wish you all the best moving forward and may life provide all the joy, benefits & happiness you so deserve.
Congratulations to my Newest VIP Tammy on your SRSSOLD!!!!
It’s hard to believe our friendship began a mere month ago when you decided to sell your Character Home and asked for Realtor recommendations on Facebook, upon which you were quickly provided with many great Realtor options. We did not know each other but we shared a mutual friend, Brittany, who took the time to recommend me. Though you conducted in person interview consultations with many of the other recommended realtors, when my turn came, our personalities just hit it off and you decided to hire me on the spot! You have the best choice of character!!! (Pun intended ) ….you just knew I was the perfect match for what you were looking for…and since I’m now Blogging about your SRSSOLD mere weeks later, I did not disappoint!
With sarcasm flying all around and throughout , I put you to the test by giving you a “to do” list for best selling presentation and revved the gas pedal as I knew the current market had a gap that your property was perfect to fill …and you did great! The market responded favorably to all your hard work and then the gas pedal went from revving to through the floor! With me by your side helping you through when the market was pushing you to your max an offer was secured; all within a mere week of list!
Thank you so much for taking a chance on me and choosing me above all others to be your SRS® Realtor; for your trust, hard work, sacrifices and most of all for your wonderful friendship. I wish you all the best.
NOW DEEEEEP Breath, take it all in and fully embrace your new life --- ENJOY! ✌
If you want to reduce your home energy costs, the easiest way is to turn the thermostat up or down. In fact, you probably won't notice a difference of 2 degrees either way — and the savings can be substantial.
However, if you want to lower your bill even further each month, here are some additional tips that are relatively easy to implement.
• Plug or fix the drafts. Even in newer homes, air filtration can occur at windows and doors. So, check around your home for drafts. Windy or cold days are the best days to check. Then, get any drafts you find repaired or, at least, temporarily plugged.
• Check the attic. Heat rises and can escape through the attic. So, once a year, check the attic insulation for thin or bare spots. The insulation should be even across the space.
• Get smart with your thermostat. Most thermostats these days are programmable. Program yours to reduce the heat at night and when you're away in the winter. In the summer, be easy on the A/C during the day and save the cooling for nighttime.
• Unused rooms? Close the vents to reduce heat or A/C. You might be surprised by how much that will lower your energy bill. (Think about rooms, such as a rec room, that you only use on weekends.)
• Harness the sun. It's free energy! Whenever possible, keep curtains open during cooler seasons to take advantage of this heat source, even on cloudy days. Do the opposite during hot summer days.
Try some of these ideas over the next couple of months. Then, look at the impact they’ve had on your energy costs.
Building off the strong performance seen in June, the real estate sector continues to show signs of resilience. Across the province, year-over-year sales were up over 56% from July of last year (and up over 9% year-to-date), new listings were up over 9% year-over-year (but down 11% year-to-date), and the median sale price was up 2.7% (down 0.9% year-to-date). Inventories were also down in all markets that the SRA tracks, suggesting that people are still eager to buy and take advantage of the opportunities that exist.
While there has been an uptick in the number of COVID cases across the province, the precautions put in place earlier this year seem to have reduced people’s anxiety about home buying. “When the pandemic hit, we put measures in place to make sure that our members and their clients would be safe while buying homes,” said SRA CEO Jason Yochim. “And we’re seeing how effective those measures have been. People feel safe and they’re buying,” suggesting that while COVID is still a concern, people and the economy are adapting.
Although prices are down in some markets (reflecting the local nature of real estate), the number of sales were up in all markets that the SRA tracks, and the number of new listings were up in all but one. Again, this suggests that the sector is doing quite well despite the impact the pandemic has had on the province, and that the sector has recovered in two to three months.
The strong performance seen in June and July (supported by increasing confidence in the real estate sector) is promising for August as well. “Members are still receiving multiple offers and some properties continue to be sold almost as soon as they’re listed,” says Yochim, suggesting that there is still pent-up demand. As a result, would-be sellers may be encouraged to list and help ease the declining inventory burden. And with children scheduled to return to school in September, August could see another strong push before life gets back to “normal” and Saskatchewan real estate activity begins its cyclical slow down.
Sales in Saskatoon were up 41.0%, going from 390 in July 2019 to 550 in July 2020, and up 54.5% in the overall region, going from 495 to 765. In Saskatoon, sales were 36.7% above the 5-year average (and 33.1% above the 10-year average), while in the larger region, sales were 37.9% above the 5-year average (and 33.2% above the 10-year average). Year-to-Date (YTD) sales in Saskatoon rose 4.1% over last year, increasing from 2,232 to 2,324, while YTD sales in the larger region rose 8.2%, going from 2,975 to 3,219.
Sales volume was up 49.0% in the city, going from $129.4M to $192.8M in 2020 (38.0% above the 5-year average, and 33.4% above the 10-year average). YTD sales volume in the city was $793.9M, an increase of 7.3% from last year. In the region, sales volume was up 11.4%, going from $938.7M to $1,045.3M (42.9% above the 5-year average and 38.8% above the 10-year average). YTD sales volume increased 11.4% in the region, rising from $938.7M in 2019 to $1,045.3M in 2020.
In Saskatoon, the number of new listings in July 2020 rose 9.1%, going from 748 to 816 (6.0% above the 5-year average and 3.7% above the 10-year average), while in the region, new listings rose 9.7% from 1,097 last year to 1,203 this year (5.7% below the 5-year average and 5.1% above the 10-year average). YTD new listings in the city fell 8.5%, going from 4,952 to 4,530, while in the larger region, the number of new listings to date fell 10.2%, going from 7,359 to 6,609. Active listings fell 20.3% in Saskatoon (down from 1,950 to 1,555) and fell 20.9% in the region (down from 3,575 to 2,827).
Inventory in Saskatoon stood at 3 (which is 43.5% below the level last year and 45.5% below the 5-year average), while the sales to listing ratio was 67.4%, suggesting that market conditions favour sellers. Inventory in the larger region stood at 4 (which is 48.8% below the level last year and 43.8% below the 5-year average), while the sales to listing ratio was 63.6%, suggesting that market conditions favour sellers.
Homes in Saskatoon stayed on the market an average of 43 days in July—down 17.3% from 52 days last year (but below the 5-year average of 48 days and above the 10-year average of 43 days). Homes in the region stayed on the market longer than homes in the city at 55 days on average in 2020, but also down from an average of 64 days last year (and 3.8% below the 5-year average).
Median home prices in Saskatoon went from $316,000 to $338,500 (an increase of 7.1%) and were approximately 3.0% above the 5-year and 3.2% above the 10-year average median price. The MLS® Home Price Index (HPI)—a more accurate measure of house price trends—is up 1.8% from $309,400 to $314,900. Year-to-date, the median home price in Saskatoon was $328,521 which is 2.1% above the $321,657 price from the same time last year.
Median home prices in the region went from $300,000 to $320,000 (an increase of 6.7%) and were approximately 2.3% above the 5-year and 2.5% above the 10-year average median price. Year-to-date, the median home price in the region was $309,504 which is 2.6% above the $301,514 price from the same time last year. ~ August 2020 SRA News Release
Looking for sound market advice? As REALTOR® and Nationally Accredited Buyer Representative - ABR®, Seller Representative Specialist - SRS® and Real Estate Negotiation Expert - RENE, I can provide you with this advice. Call today.
There are many reasons why you might suddenly need to sell your home. It could be an unexpected work relocation, a change in family circumstances, or simply a desire to move.
Whatever the reason, selling quickly requires some fast action on your part. But that doesn't mean you need to get into panic mode. You can list and sell your property, quickly while still enjoying the process!
The first thing you need to do is figure out how to make your home show its best. In addition to cleaning and decluttering, that might include getting any needed repairs done, sprucing up the place by painting and perhaps even doing some minor improvements.
How much you need to "stage" your property depends on many factors, including what conditions are like in the local real estate market. For example, you may not need to make each room look like a page from a decorating magazine if you’re in a seller’s market.
So, before you start any work, talk to me about what needs to be done to make your home ready to be seen by buyers.
The next thing you’ll need to consider is the list price. Your list price is especially important if you want to sell soon. No, you don't need to low-ball your listing to attract interested buyers — in fact, doing that might actually have the opposite effect. But you do need to price your property competitively.
In addition, it's smart to line up the resources you'll need, especially if you're also buying a new home. For example: get recommendations for a real estate lawyer, contractor, mortgage advisor, cleaning service, pet daycare, etc.
I’m well-connected in the local home industry, so I can recommend you to reputable professionals I know and trust.
A final tip: If you want to sell quickly, you need to start the process now. Give me a call to get the ball rolling.
Chances are, you know that you should change the batteries in your smoke detectors at least once a year — even if you suspect the batteries are still good.
But that isn't the only fire safety check you should do annually. Here are some other recommended tips to help keep you and your family safe.
• Clean your stove burners and oven regularly. Hard grease build-up can become combustible.
• Check your cupboard for cleaning products, paints and other liquids that are flammable. Read each label carefully. Use and store each product only as recommended.
• If you keep a fire extinguisher in your kitchen — and you should — confirm that it is still good. Extinguishers are like food. They have expiry dates!
• Go over your fire escape plan with your family. Make sure everyone knows exactly what to do if a smoke detector goes off or if there's a fire. (Don't have a fire escape plan? Make one!)
• Check that all windows open easily, especially upper floor windows.
• Check appliances you use often, such as hair dryers, for worn or frayed cords.
• Regularly clear away lint build-up in the clothes dryer. Check the outside dryer vent annually to make sure it's clear and working correctly.
• If you have a wood-burning fireplace or stove, get it cleaned and inspected by a licensed technician once a year.
Many local fire departments offer homeowners free tips and even in-home advice and inspections at no cost. Contact your fire department and ask about programs available to you.