Curtis Leibel 780-438-2500

Wow – happy to announce a huge $15,000 reduction on our listing at 9331 – 172st.  Now at the smoking price of $199,500 this home will be sold in no time.  In case you missed it, here are the details:

Rare top floor end unit with large south facing balcony.   Pride of ownership is apparent when you walk in the door of this 2 bedroom + den home.    With a large open layout, the main area boasts a large living room and dining room centered around a tastefully tiled fireplace.    The kitchen has upgraded cabinets, a large pantry and loads of counter space.  A unique hand painted moveable island with granite countertop and breakfast bar finishes off the space sure to impress any cook.  The generously sized master bedroom has a large walk-in closet & ‘Jack ‘n’ Jill attached bathroom. The Second bedroom comes with ample closet space. The den, with glass French doors, has built in cabinets and is currently being used as an office could easily be converted into a third bedroom.  The complex has brand new deck railing and duradek and is now ready for you to enjoy in a private setting.  The unit is also one of only four in the entire complex to have its own parking stall directly in front.  Walking distance to Terra Losa shopping Ctr and West Edmonton Mall. Close to Schools, Miserecordia hospital and all amenities. Now underpriced at just $199,500!

Alot of people I come across are unaware of how exactly Realtors work.  Most are shocked to learn that using a Realtor when buying a place is generally free.  In this case, there is really no downside to using a Realtor when buying a home.  The way we get paid is through the seller.  When listing your home, you will actually be paying 2 realtor fees- one for the selling Realtor and one from the buying Realtor.

Typically we use a 7% + 3% method to calculate our commissions.  That meaning it will cost you 7% on the first $100,000 and 3% on the remaining balance.  Keep in mind that this is then split between both Realtors, each receiving 3.5% and 1.5%.

As an example:

A sale price of $300,000 on a condo would result in:

3.5% on first $100,000 + 1.5% on remaining balance for listing Realtor = $3500+$3000= $6500 + GST

3.5% on first $100,000 + 1.5% on remaining balance for buying Realtor = $3500+$3000= $6500 + GST

TOTAL = $13,000 + GST

That may seem like a lot, but generally speaking listing through an accredited Realtor typically gets you a sale price higher than the cost of the Realtor fees than if you were to decide to list on your own.  In addition, you will have exposure to many more prospective buyers, often reducing the time to sell by a substantial amount.  Any time you work with a Realtor it is important to be up front and discuss what fees are involved so there are no surprises later.