at 3205 380 Canyon Meadows Drive SE, Calgary, T2Y 2Z7 Canada
Licensed REALTORS® with MaxWell Realty (Canyon Creek brokerage) in Calgary, Alberta.
Award winning & top producers year after year, the Vostner-Bell Team is one of Calgary's most recommended realty teams. Specializing in all aspects of residential real estate, you can trust Tess Vostner-Bell, Jason Bell and their team to provide you with the unmatched level of service, solid advice, creative ideas and personal attention you deserve.
1045 FB users likes Jason Bell and Tess Vostner-Bell: The Vostner Bell Realty Team, set it to 3 position in Likes Rating for Calgary, Alberta in Business services category
Buyer Representation Agreements July 1, 2014 - Happy Canada Day! Also, Happy Buyer Agency Day / Buyer Brokerage Day / Written Service Agreement day... We received a number of calls and emails last night and today asking about buyer contracts that have become mandatory starting today (July 1, 2014). There has been some media coverage over the past 24 hours but it has obviously caused some confusion as to what is going on so hopefully this will help a little. New mandatory contracts/agreements are now in effect as of today. These agreements have been standard practice across Canada for many years but are only now being instituted in Alberta. What are they? In a nutshell, all SELLERS have to sign a contract with a real estate professional when selling their home on the MLS® System. This has been standard practice for decades. Historically however, BUYERS in Alberta have never been legally required to sign a contract to work with a Realtor®. Loyalty by a buyer client was a given in almost all cases and most buyers knew what to expect from their real estate associates. How things have changed. LOYALTY Unfortunately, loyalty is a word seldom heard anymore in the real estate industry, especially amongst first-time homebuyers. A real estate associate can often spend a few weeks to a couple of months showing 5-10 homes a day to buyer clients, only to have them call with breathless excitement that they have found "the one". The problem is, "the one" can be a home they saw at an open-house or maybe they walked through a new show home. These buyers offer a polite "Thank-you for all of your work....you were great!!" but then choose to work directly with the seller's agent or the showhome salesperson. In both of these situations, keeping and using their own Realtor® could result in a smoother transaction and even better price in some instances. However, a lack of loyalty and understanding can leave the buyer dealing with a salesperson who is working in the best interests of a home builder, and a real estate professional reflecting back on 30 or 40 or however many days of work that they are not going to get paid for. OBLIGATIONS AND RESPONSIBILITIES Kevin Clark, chair of RECA (Real Estate Council of Alberta) states that: "The primary reason why RECA is introducing written service agreements between residential real estate professionals and all clients is to ensure that clients are informed about, and understand, what they can and should expect from their relationship with their authorized industry professional. When clients are better informed, there will be less confusion and fewer disputes." Putting in writing what for years has often been assumed or sometimes verbally agreed to, nowadays just makes sense. For the average buyer, they will be required to sign a Buyer Representation Agreement. They will have a better understanding of what a real estate professional's obligations are to the client, plus the client will understand their own obligations to their real estate professional. A client can negotiate the terms of the agreement. Things like compensation for work, the length or term of the agreement, areas or descriptions of properties that you want the real estate professional to show -- these items can be negotiated. You are free to ask for changes to an agreement. That way you are not locked into a business agreement with a real estate associate for a period of time like 180 days who ends up being stubborn or doesn't know much about the communities you like, for example. We hope this is helpful. As always, we are only a quick call, text or email away if you need anything.
I "met" with clients of ours this morning to show them a townhouse. Really nothing unusual about that except for the fact that one buyer is currently IN Europe & the other IN Australia. Technology rocks!
Since the 2013 Calgary floods, we have been telling clients and people that we have been meeting in person but are hearing a number of people still aren't taking photos so thought we should expand here. To be brief, if your home was hit hard during the floods, take pictures of your damaged property before cleaning up or doing anything like throwing interior (or exterior) items away. This includes your water damaged flooring, drywall, furniture, stereos, appliances, TV's etc. If you have any evidence of sewer backup (eg. stuff or stains in your tubs or sinks etc.), take photos. Down the road, just telling the provincial government that you lost "X" amount of dollars' worth of furniture/bedding/electronics without proving it pictures may only get you the minimum in provincial aid in some cases. What we have heard may not be reliable information but if you do not have proof of what you have lost, you may not receive the aid you are looking for. Regardless, take photos before you start destroying your evidence.
Since the 2013 Calgary floods, we have been telling clients and people that we have been meeting in person but are hearing a number of people still aren't taking photos so thought we should expand here. To be brief, if your home was hit hard during the floods, take pictures of your damaged property before cleaning up or doing anything like throwing interior (or exterior) items away. This includes your water damaged flooring, drywall, furniture, stereos, appliances, TV's etc. If you have any evidence of sewer backup (eg. brown water in your tub or sink), take photos. Down the road, just telling the provincial government that you lost "X" amount of dollars' worth of furniture/bedding/electronics without proving it pictures may only get you the minimum in provincial aid in some cases. What we have heard may not be reliable information but if you do not have proof of what you have lost, you may not receive the aid you are looking for. Regardless, take photos before you start destroying your evidence.
People's and animal's lives have obviously been devistated due to the floods in Calgary and surrounding towns. Please call if you need help to find temporary (or permanent) housing for yourself and/or your pets who have been displaced from your homes. There are many Calgary residents that have been offering rooms and suites for nightly or week-long, free accommodations. Check Kijiji or other classified services or give us a shout for info. We'll help put you in touch.
Such an easy thing to do but arguably the last thing done in most homes: changing out furnace filters when putting your home on the market. Simply put, do it. When you accept an offer and it comes time for a house inspection, there are many home inspectors that look at a furnace as an overall indicator as to the type of upkeep/maintenance that a home has received over the years or in recent time. If the furnace filter is dirty, some inspectors will even take it a step further and tell the buyer that the furnace may have had to work harder to move air through a dirty filter, thereby shortening the furnace's life expectancy. Many a buyer has been scared away from buying a home simply due to a dirty furnace filter. Give your furnace a new filter.
Calgary's real estate market is very strong but demand for single-family homes in certain communities are reaching new highs. With the number of homes being put up for sale this Spring down compared to past years, Calgary finds itself in a sellers' market yet again. Our latest clients in Lake Bonavista witnessed this sellers' market first hand. We spent last Tuesday and Wednesday getting the photos and webpages ready and listed their home for sale first thing last Thursday morning. Before we were able to move on to our next task, the phones literally started ringing at 8:02 am with showing requests and inquiries about this home. Four hours later, we were receiving calls about second showings (eg. people wanting to come back for a second look) plus inquiries about the possibility of a couple of offers. Six hours later, we received word that an offer was coming in at list price from out-of-town clients who had yet to step foot in the home but wanted to purchase it based on our photos & description and the in-person preview that their real estate agent did for them. This is but one example of the extent that buyers are willing to go to get into certain areas of the Calgary real estate market nowadays.
We didn't believe it until we saw a copy of the letter from RBC but a client received an incredibly low, 2.79% FIXED 5 year mortgage rate today. (Normal rates for a 5 year, fixed rate mortgage are currently in the 5% range right now.) RBC is apparently only offering these special rates for a short time so check them out.
Here is a new one: A client canceled an appointment this afternoon because her son was trying to dry some clothing either in a toaster or a toaster oven. (I didn't ask for clarification.) Regardless, a fire alarm in her condo was set off and she rescheduled for the weekend.
We've successfully been using Twitter and LinkedIn for the traditional "business side" of the Vostner-Bell Realty Team, but since it seems Facebook is becoming more popular than those two platforms, it seemed time to focus on a Facebook business page to stay in touch with current clients and friends (as well as make some new ones).
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