Thursday 19 February 2015

How a Residential Real Estate Transaction Calgary Proceeds


                        
 Real estate cannot be lost or stolen, nor can it be carried away...It is the safest investment in the world. In fact, owning a home is no less than a keystone to wealth. If you wish to sell your house in Calgary, you would need to contact various realtors and select one. The realtors would advise you on what they will be able to get for your house. After selecting one realtor, you would then need to sign a listing agreement. As your Hamptons Calgary real estate agent, it will begin marketing your property. In the communities that have multiple listing service (MLS), the agent would enter your house information into a computer so that all other agents are able to see your house in the Hamptons Calgary homes for sale. An agent who has been looking for a house for some other buyer would look at your home listing on the MLS and gets in touch with you and your agent; it then enquires about various relevant details of the home for sale. That agent would then contact its client (buyer) and make the client agree to have a look at the house. If the buyer likes the home and shows interest in purchasing it, a contract of sale is then prepared. This contract is either prepared by an attorney or the seller’s agent. 

When the entire contract provisions have been met satisfactorily, the deal proceeds towards a successful closing; Once the deal is closed, the real estate agent is paid its commission. If there happens to be more than one broker, then the broker which is representing the seller distributes the preapproved share of the commission to the buyer’s broker. This is how a typical residential real estate transaction in Calgary tends to proceed.

Wednesday 7 January 2015

Why Hiring a Calgary Realtor Makes Sense?

Who can ignore the magnificent Canadian Rockies that form the backdrop of Calgary? If you haven’t been familiar, believe me, it is just awesome. Calgary is known to be one of the sunniest cities in Canada that receives sunshine almost throughout the year. How wonderful in itself it surely would be!

As far as real estate in Calgary is concerned, it is observed to be in boom, with new houses, bungalows, apartments, condos, and townhouses for sale Calgary being in ample. However, if you are a keen real estate investor, then hiring a reliable local real estate agent would be the best direction to go. It is this realtor who has all the relevant knowledge of the properties available and is in a better position to compare their respective pros and cons. You, as a buyer, may discuss your requirements in detail with the realtor; he would then offer you property listings that would be near to your requirement and expectation. A major attraction of seeking assistance from realtors is that they tend to have an offering for those properties too that are not yet out for sale, neither offline nor online. This means that there would be lesser number of prospective buyers for those properties, and so, you stand a better chance of closing the deal in your favor.

A realtor would be in a better position to gather information on the neighborhoods of the properties available for sale, and help you make a much more informed decision. Also, a professional realtor has all the experience and expertise to carry out the negotiations with the property seller/seller’s agent and decide on a price that works the best for both the parties, and for the deal to materialize successfully.