57 results found
- What Are The Risks of Selling a Home Yourself?
We’ve all seen the videos, read the stories, and gasped at the images of people who thought they could conquer a project that would have been better left to the professionals. There are entire Pinterest boards reserved for those who have failed, and compilation videos on YouTube. Even in the best of times, selling a home can be complicated. Market conditions can change on a dime, impacted by everything from local to national and international economies, to changes in population and even the weather. And these days, you can add the global pandemic and social distancing into the mix. Especially in times of market uncertainly, a little professional help can go a long way. With technology always on hand and information literally at their fingertips, the hyper-connected Millennial generation has taken a do-it-yourself approach to consumables; everything from products and services, to purchases of every kind – including real estate. Generation Y might as well be called Generation DIY. The appeal of the FSBO (For Sale By Owner) transaction lies in the flexibility, customization and let’s face it, the cost-effectiveness. As a consumer, job one is educating yourself, weighing your options and making an informed decision. When it comes to real estate, an FSBO could be the right choice for those who want to save the commission fee and take the reins in all aspects of their transaction. But buyer and seller beware – an FSBO has various drawbacks as well. Professional real estate agents have the experience and expertise to navigate through any market conditions. They’ve likely already been through some market ups and downs, and can guide a seller in deciding if now is the right time to sell, who your target buyers are and how to appeal to them. Aside from their market expertise, an agent will also have access to the tools and technology necessary to complete your real estate transaction safely and virtually, no in-person contact required. While we are always ones for instilling confidence in others, we also want to make sure that all options are considered before attempting any DIY project. Especially when this project comes to your home, which is likely your largest investment. The decision to sell your home yourself does sound appealing, but many people who choose this option do not take into consideration all of the risks involved before making their final decision. Below are five questions you need to ask before you decide to sell your home yourself: Is there enough time in the day? If you already have a full time job, family, or time consuming engagements, finding the time to not only prepare your home for sale, but actually sell it is a large commitment you need to be ready for. Now, we’re not saying you can’t sell your home yourself, because you can. There are plenty of resources out there to help you DIY. We’re just saying that a professional, experienced real estate agent can do a better job of it, and get you more money too. While saving on the agent’s commission might be tempting, consider what you get as part of the price you pay, including (but not limited to!): Setting the right asking price Preparing your home for sale Showing the home Reviewing and negotiating offers All the paperwork! All this takes know-how and time. And you likely already have a full-time job, right? And remember that for avid home hunters, listings get stale fast. If you home’s been on the market for an extended period, due to delays related to home staging, marketing and showing, prospective buyers will lose interest fast. Remember: you only have one chance to make a first impression. How well do you know the market? The real estate market is constantly moving, adjusting and changing. There are trends you need to stay on top of, and information you need to know in order to successfully sell your home yourself. Can you get the exposure you need? If the only thing letting people know your home is for sale is the sign on your front lawn, your pool of prospective buyers is extremely limited. As a seller, how do you get the phone to ring? Generating interest from potential buyers is the key objective of listing agents, especially in a seller's market. If you’re not a real estate agent, or a marketing or advertising professional, you likely don’t know where to start – and who could blame you? Marketing through yard signs, brochures, and online and print advertising can help spread the word. How does a virtual tour sound? Do you plan to host an open house for buyers? What about an open house for agents and brokers? Beyond marketing, an FSBO means you get to juggle third parties such as a home stager, photographer, appraiser, the buyer’s agent (or if they’re DYI-ing it as well, the buyers), then throw in a pile of paperwork, just for fun – NOT. Have you practiced your negotiation skills? One of the many benefits of using a licensed Real Estate Agent is their experience when it comes to negotiating an offer. Just because you have an offer does not mean your job is done. Knowing the things to negotiate to ensure a successful sale will make a big different in the final outcome. Do you understand your legal responsibilities? There is more to selling a home than simply putting a sold sign on your listing. Once you have a buyer who is interested in purchasing your home, consider the legal side of things. The buyer will submit an offer, and when you’re confident that you have a good deal on the table (you are confident that it’s a good offer, right?), a contract will need to be signed by yourself and your buyer. Remember, if it’s not written in the contract and signed, then it doesn’t count. An Agreement of Purchase and Sale will include details about the buyer, the seller and the property. It will outline the purchase price, the deposit, fixtures and chattels, title searches, closing arrangements, conditions and clauses. A real estate lawyer can help with this step of the process. The benefit of working with an agent is that oftentimes, they already have a lawyer they regularly work with, to ensure all legal matters are handled correctly and in a timely manner. Your home is likely your biggest asset. When you’re ready to sell the place, ensure you’re well-represented – whether you represent yourself, or are backed by a professional real estate agent. A “minor” mistake can mean the difference between a lucrative sale, or tens of thousands of dollars left on the table. As the consumer, do your due diligence and make an informed decision before you start the selling process. If you answered no to any of these questions, or are unsure of the answers, it is wise to consider speaking to one of our agents to discuss how they can assist you in selling your home, and further showcase the benefits of using an agent. Some hard stats: While Canadian statistics on FSBOs are limited, the US-based National Association of Realtors has done some research on the subject: FSBOs represented 7% of home sales in 2017. The typical FSBO home sold for $200,000, versus to $265,500 for agent-assisted transactions. FSBO methods used to market a listing: Yard sign: 22% Friends, relatives, or neighbours: 18% Online classified advertisements: 6% Open house: 10% FSBO websites: 5% Social media: 12% Multiple Listing Service (MLS) website: 4% Print newspaper advertisement: 2% Direct mail (flyers, postcards, etc.): 2% Video: 1% No advertising: 49% Most difficult tasks reported by FSBO sellers: Getting the right price: 17% Understanding and performing paperwork: 12% Selling within the planned length of time: 5% Preparing/fixing up the home for sale: 8% Having enough time to devote to all aspects of the sale: 3% Have more questions about the home-buying process, or ready to move forward with your purchase? Contact us today, or download the RE/MAX Home Buyer’s Guide for everything you need to know about the purchasing process.
- Providing Extraordinary Results on a Repeatable Basis
Mark Thiessen and Cliff Dyck, leading commercial REALTORs® in Manitoba, announced their merger effective 2019. The newly formed ThiessenDyck Team will continue to benefit from their affiliation with RE/MAX Professionals, a full-service brokerage in Winnipeg. The ThiessenDyck Team combines the commercial talents of Mark and Cliff, alongside the administrative (and past real estate experience) of Rita Bettencourt. The Team is deeply rooted in the belief that the sum of their parts is greater than what they can achieve individually; the resulting benefit to their clients is exponential. Consistently top performers in Western Canada, The ThiessenDyck Team delivers measurable results to their clients to ensure they are optimally positioned for the future. The Team offers an unprecedented track record in all commercial market segments, including investment property, multi-family, land sales, retail, office, and industrial. Services include acquisition and disposition, landlord representation, transaction management, consulting, and tenant representation. Mark Thiessen has worked exclusively in commercial real estate since the beginning of his career. Priding himself on strong negotiation skills and having authored many documents used in the industry today, Mark is highly involved in his trade and rose not only to become Chair of the Canadian Council of Commercial REALTORs®, but also ranked in the Top 10 Commercial Associates Worldwide (2010, 2011, and 2012), as well as Top 5 in Western Canada (2010, 2011, 2012, 2016, 2017, 2018, 2019 and 2020). He has been the direct liaison with many institutional clients. “The thing that stuck out to me was the level of personal service Mark brings,” said Chris Randle, CFO of Eatz Enterprises (Moxie’s). “I would highly recommend him to anyone looking for a commercial property. He has extensive knowledge of market rates and conditions that proved invaluable in moving into a property with pre-existing tenants.” Mark’s years of experience in the commercial real estate industry and high level of professionalism allow him to provide a superior level of service to all his clients and fellow REALTORs®. He is well-respected within the brokerage community for his integrity and tenacious work ethic. With a construction-based background, Cliff Dyck was able to quickly apply his skills to move with ease through the labyrinth of commercial real estate. His sharp analytical skills give him an edge over others, having the ability to decipher complex files with many moving components. “Cliff is an extraordinary professional, motivated to do the right thing,” said Gord Orlikow, Sr. Client Partner at Korn Ferry. “In our experience together, this meant he went well over and above the contractual commitments of taking on what became an unexpectedly challenging engagement. Cliff consistently offered good advice, guided me through a range of options and ultimately steered the sale to the best possible outcome.” Cliff is a strong communicator, and a specialist in relaying information and variables to a transaction, which provides his clients with the knowledge required to make informed decisions. With expert advice and finely honed skills from years of experience, The ThiessenDyck Team is proud to offer bespoke commercial real estate experiences by building long-term relationships coupled with unparalleled service and success.
- Home Renovations That Buyers Want, According to RE/MAX Brokers
What are the home renovations that buyers want to see on the market? It’s a great question, and one you’ve likely pored over if you’re preparing to list your home for sale in the near future, or you’re embarking on a renovation with a thought to long-term resale value. According to the 2021 RE/MAX Renovation Investment Report, more than half of Canadians underwent a home renovation for personal/non-ROI purposes, with 29% choosing to renovate for non-essential “lifestyle” reasons, such as recreation-inspired projects. Despite the trend of renovating for personal use and enjoyment, 59% of Canadians said they always consider the return on investment that a renovation will have on their home’s overall market value, so while there is a current renovation trend based on lifestyle aspirations, practicality is never far from the surface. From the homebuyer’s perspective, certain renovations are more in-demand than others. So, what are the best home improvements to sell your home quicker and for top dollar? According to a survey of RE/MAX brokers across Canada, below is a list of what homebuyers want most. We’ve also sourced the ballpark costs for each, via Pillar To Post’s Residential Construction and Remodeling Estimates Cost Guide, to give you a rough idea of the level of investment required for each. Kitchen 93.5% of RE/MAX brokers surveyed said kitchen renovations are most sought-after by homebuyers. The kitchen is typically the most complicated room in the home to renovate, and the most expensive. Many homebuyers who aren’t interested in taking on a big project will pay a premium to have this big project done for them. Depending on the age and condition of the home, kitchen updates can range from a complete gut job, to updates such as refacing or repainting cabinets, new hardware and appliances, countertop, backsplash and flooring. kitchen cabinets: $50 to $125 per linear ft. kitchen counter, laminate: $45 per linear ft. kitchen counter, marble: $80 per linear ft. dishwasher: $675 to $950 garbage disposal: $200 to $425 range hood: $350 to $525 porcelain sink: $750 to $900 stainless steel sink: $650 to $800 total cost: $7,500+ Bathroom 64.5% of RE/MAX brokers said new or updated bathrooms are in high demand by homebuyers. This trend echoes the above-mentioned kitchen reno rationale, whereby homebuyers who are unwilling to undergo the effort and inconvenience of a bathroom renovation willing to pay a premium to have this project already completed. cabinets $50 to $125 per linear ft. countertop, laminate: $45 per linear ft. countertop, marble: $80 per linear ft. pedestal basin: $375 vanity basin: $250 bathtub – replace / retile: $2,500+ shower connection: $250 shower stall, plastic: $900 to $2,000 shower stall, ceramic tile: $2,500 to $3,300 new toilet: $425 tub enclosure, ceramic tile: $2,500 to $3,300 tub enclosure, plastic: $600 to $1,275 whirlpool bath: $4,250 total cost: $5,250+ Flooring 48.4% of RE/MAX brokers identified new flooring as a hot selling feature on the resale market. Depending on the size of the home and the scope of work being done, flooring would typically cost less than a kitchen and bathroom reno, but this is a great way to refresh the home, especially when paired with a fresh coat of paint. Carpet is actually considered to be a drawback by some homebuyers, so this is an update that’s worth completing prior to listing a home for sale. carpet cleaning: $125 per room carpet and underpad: $6 to $11 per sq. ft. ceramic tile: $6 to $11 per sq. ft. hardwood $6 to $11 per sq. ft. prefinished hardwood: $11 to $16 per sq. ft. refinishing hardwood: $3 to $6 per sq. ft. vinyl sheets: $4 to $9 per sq. ft. vinyl tile: $4 to $9 per sq. ft. Paint 35.5% of RE/MAX brokers said buyers want a fresh coat of paint. This is a relatively simple and low-budget upgrade that makes a big impact on the look and feel (and sometimes, smell) of a property. Given the current seller’s market conditions in many regions across Canada, homes are selling like hotcakes, regardless of renovations. With this in mind, home sellers in particularly hot markets are keeping their reno efforts (and budgets) to a minimum. Paint is the simplest and cheapest way to freshen up the place. Painting walls (3 coats): $2 per sq. ft. Finished Basement 22.6% of brokers identified basement renovations as a huge selling feature on the resale market. Quite simply, if it increases the usable square footage of the home, that’s a good thing in homebuyers’ books. adding basement entrance: $5,250 to $10,500 basement main beam: $2,100 basement support post / foundation: $500 to $1,000 excavation / waterproofing: $125 to $175 per sq. ft. foundation crack repair (excavation method): $525 to $1,100 foundation crack repair (injection method, cost per crack): $500 acoustic ceiling (suspended): $6 per sq. ft. baseboard / door / window casing: $4 per linear ft. drywall over plaster: $3 to $4 per sq. ft. plaster (over existing plaster): $3 to $4 per sq. ft. stucco / stipple: $3 per sq. ft. walls (insulations / drywall): $4 per sq. ft. painting walls (3 coats): $2 per sq. ft. wallpaper: $6 to $11 per sq. ft. Outdoors and Landscaping 19.4% of RE/MAX brokers said homebuyers are setting their sights on the great outdoors with landscaping and outdoor features becoming a popular “must-have” item. This trend became amplified during the course of the pandemic, which saw people spending more time in and around their homes, and buyers looking for bigger yards and features such as swimming pools/hot tubs, patios and decks to act as “outdoor living rooms.” lay soil & sod: $3 to $6 per sq. ft. sprinkler system: $1,200 concrete retaining wall: $55 per sq. ft. wood retaining wall: $45 per sq. ft. deck, pressure treated / cedar: $15 to $30 per sq. ft. deck, custom designed & built: $55 to $80 per sq. ft. patio, concrete: $16 to $25 per sq. ft. patio, flagstone / fieldstone: $21 per sq. ft. patio, interlock brick / stone: $11 to $16 per sq. ft. patio stones: $6 per sq. ft. porch flooring: $8 per sq. ft. porch railing: $225 porch skirting: $21 per linear ft. porch steps, concrete: $525 porch steps, wood: $325 chain-link fence (4-ft. high): $10 to $20 per linear ft. cedar fence (5-ft. high): $15 to $30 per linear ft. pressure treated wood fence (5-ft. high): $10 to $20 per linear ft. reset post in concrete: $80 vinyl-lined pool (16ft. x 40ft.): $15,000 to $20,000 concrete-lined pool (16ft. x 40ft.): $30,000+ pool heater: $2,100 pump / filter: $1,600 fiberglass hot tub: $5,250+ *Cost estimates reflect the average basic costs for supplies and installation of building materials in Canada and the U.S., as anticipated for 2019-2020. Costs may vary depending on regions, upgrades, complexity and disposal fees.
- Home | RE/MAX Professionals
RE / IMAGINE WHAT'S POSSIBLE Our listings How much is your home worth? Join RE/MAX Professionals About Us About Us Whether you're buying your first home, investing in a commercial property, selling a luxury home or downsizing, RE/MAX Professionals is your destination for a guided, personal, hassle-free experience that will get you from where you are to where you want to be! Our Winnipeg office, located at 1601 Buffalo Place, is home to a team of 70+ REALTORs® specializing in residential, commercial, luxury and condominium properties. Our agents are committed to providing you with outstanding service and quality information, so making the right decision is a breeze. With more award-winning agents than we can begin to list, our agents are passionate about providing the best customer service, and will provide unparalleled support, guidance, and professionalism. If you’re an agent , we offer unmatched training and development in our exclusive Mentorship Program, giving you the perfect opportunity to run your own business within a business. With a 17,000 sq. ft. office with readily-available offices and meeting rooms, a technologically-equipped board room, a generous marketing credit given to new agents, in-house print shop, gym, steam rooms, and more, we have everything you need to rise above the competition. looking to join a brokerage Buying a home? How to avoid obstacles, eliminate uncertainty, and experience the excitement of finding a home. Selling a home? Check out our resources to help you navigate through the home selling experience, from “listed” to “sold.” News and tips From market trends and updates to how-to guides and tips on buying, selling, renovations and more, our blog is a one-stop shop! Condominiums Residential Listings Commercial Listings View all listings YOUR LOCALLY CONNECTED COMMERCIAL EXPERTS With more than 40 years’ experience, RE/MAX is an established leader in the commercial and investment arena, delivering a level of awareness, trust, and confidence that competitors can’t match. Whether you’re an investor in search of commercial real estate or a business owner with a restaurant for sale, you’ll find a commercial expert at RE/MAX Professionals who understands your needs. Our Commercial Team provides their expertise in a wide variety of areas. With an excellent track record of professionalism and customer focus, we understand the long-term value of every transaction, whether it be a small business for sale or a multi-million-dollar commercial property. Take me to the commercial site ➔ What Our Clients Say The Jennifer Queen Team — Chad "Jennifer and her team are truly first class! She was very professional yet friendly with her approach, I ask a lot of questions but she was always right there to guide me through the process and make sure I understood the next step. She treated my home as if it were as big of a deal to her as it was to me, I’m super appreciative for that! She sold my house very quickly as well. I strongly recommend Jennifer and her team to anyone who wants a seamless and successful process of selling their home." Latest News May 3 2 min Providing Extraordinary Results on a Repeatable Basis Mark Thiessen and Cliff Dyck, leading commercial REALTORs® in Manitoba, announced their merger effective 2019. The newly formed... Apr 19 4 min Home Renovations That Buyers Want, According to RE/MAX Brokers What are the home renovations that buyers want to see on the market? It’s a great question, and one you’ve likely pored over if you’re... Mar 23 2 min Create the home office of your dreams Whether you work full-time at home or occasionally need to conduct business in the evenings or on the weekends, a home office a great way...
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- Home Evaluation | RE/MAX Professionals
Find the value of your home on the real estate market with the click of a mouse! Welcome to our online home evaluation system. The answers to your home-selling questions are just a click away! Let us help you find the value of your home. By running a Comparative Market Analysis (CMA), we'll find the value of your property on the current market. Through the Comparative Market Analysis, we can evaluate the prices of properties similar to yours that have recently sold in your area. This analysis will give you a better idea of your property's market value; one of the first and essential steps as you prepare to sell your home. All it takes is a few quick minutes to complete and submit the form below. Then let our system do the work for you! We'll contact you as soon as we have the results. How much is your home worth? Home Evaluation Form Number of Bedrooms 1 2 3 4 5 5+ arrow&v Number of Bathrooms 1 2 3 4 5 5+ arrow&v We'll get back to you soon! Submit Please leave this field empty.