RSS

Posted on by
Posted in Foreclosures
Alberta Foreclosures are sold “As Is”

Three important things to know when buying a foreclosure in “As Is” condition from the banks or the courts are:

  • Buyers take all the risk

  • Lenders typically won’t finance “As Is” properties

  • “As Is” Includes Nothing.

Buyers take all the risk in exchange for a discount on the price.

That would be the basic premise of buying a foreclosure. The seller is, in most cases, the bank or the courts. The foreclosure sellers have not lived in the property. They have limited knowledge about the property, so they use “As Is” to offset the lack of information a traditional seller would have an offer to the buyer. It’s up to the buyer to use all their own resources to mitigate the risk. The most valuable resource for buyers of Alberta Foreclosures is an experienced real estate agent like Jerry Charlton.

Lenders Do Not Like to Mortgage “As Is” Purchases.

Mortgage lenders have two risks they lend against. One is you, the buyer, and the other is the property they get as security. Banks like to take almost zero risk in exchange for low mortgage interest rates. It’s not impossible to finance foreclosures, but it is for most people. Courts will not consider any Offers To Purchase a Foreclosure with conditions like financing or home inspection. Banks are a bit more flexible about conditions. The rule of thumb with foreclosed properties is Cash Is King. Whoever makes the best Cash Offer usually gets the property. This is where a great mortgage agent with access to many different lenders, including the traditional banks, can help you. Renting money is easy!

“As Is” Includes Nothing.

When you buy a home, you usually add into the contract the Stove, Fridge, Dishwasher, Washer, Dryer, Window Coverings, etc.  Not so with foreclosures. Again, the sellers have minimal knowledge about the property, let alone the appliances. Therefore, the sellers of foreclosed properties do not include anything in the sale. What this means to a buyer is if there is a stove, fridge, etc., in the property on the day of the “As Is” possession, then the buyer gets to keep them. If the property is vacant, the appliances usually remain. If the property is occupied, the story could have a different ending.

A real estate agent like Jerry Charlton is the most essential resource a foreclosure buyer can have. He has helped buyers and investors purchase foreclosures for almost 20 years.

Read

Posted on by
Posted in Foreclosures
Where To Find Alberta Foreclosures For Sale

Where To Find Alberta Foreclosures For Sale

In the coming months, a lot of people will be searching for Alberta Foreclosures for sale. Banks are raising interest rates on mortgages. Inflation is out of control. The stupid Russian invasion of a free country is wreaking havoc around the world. Oil prices are going through the roof. A recession is on the way and will be sending a lot of people back to the home rental market.

So where does the smart money go in good times and bad? Real Estate that's where, just ask Warren Buffet, Bill Gates, or Jeff Bezos. Billionaires love Real Estate. You can even become a Nut Case President of The USA with the help of Real Estate!

Anyways back to Where Do You Find Alberta Foreclosures For Sale? Right here on my website, we feature all the foreclosures for sale today. New listings get added daily. We can also send you the new listings as they happen which moves you to the front of the line. Quickly evaluate the new foreclosure listings from the comfort of your email box.

Searching and Finding Foreclosures For Sale is just the first step in the process of buying and owning foreclosures.

We are here to help you whenever you are ready. Just call, email, or even text us.

See What Recently Sold Foreclosures Sold For in Calgary

Read

Posted on by
Posted in Foreclosures
Foreclosure FAQ: Everything You Need to Know About Buying Foreclosed Properties in Calgary

Foreclosure FAQ: Everything You Need to Know About Buying Foreclosed Properties in Calgary

Are you considering buying a foreclosed property in Calgary? The process comes with unique challenges and opportunities. Below, we’ve answered the most common questions to help you navigate this complex market with confidence.

Are appliances included with foreclosed properties?

Typically, appliances like fridges, stoves, dishwashers, washers, and dryers are not included in the sale of a foreclosed property. Always assume you’re purchasing the home as-is and plan accordingly.

Is the purchase price negotiable?

The purchase price can be negotiable, but it depends on the situation. Some sellers (like banks or courts) may be open to offers, while others may stick firmly to their listed price.

Can I negotiate the possession date?

Possession dates are sometimes negotiable, but don’t count on it. Be prepared for strict timelines set by the bank or the courts.

Can I include conditions like "subject to home inspection" in my offer?

Unfortunately, no. Buyer conditions like "Subject to Home Inspection" or "Subject to Financing" are not allowed in foreclosure offers. You must do your due diligence beforehand and proceed with a clean, unconditional offer.

Are Real Property Reports (RPRs) provided?

No, Real Property Reports, which can cost up to $1,000 and provide crucial details about the property, are not included. Buyers must purchase these reports on their own if needed.

Are condo documents supplied with foreclosed condos?

No, essential condo documents such as Reserve Fund Studies, Budgets, Rules, Policies, and Bylaws are not supplied by sellers. Buyers are responsible for obtaining these crucial documents independently.

Will the property be cleaned or repaired before I move in?

No, foreclosed properties are sold as-is. The home could be "move-in ready" or require significant repairs. In some cases, it may even be a teardown. What you see is what you get.

How much of a deposit is required when purchasing a foreclosed property?

Deposits vary but can influence the seller’s decision. They can range from a modest amount to the full purchase price, depending on the terms set by the seller.

Who reviews foreclosure offers, and how are they accepted?

Lawyers are the first to review all foreclosure offers. They forward viable offers to decision-makers or discard them. Banks and courts typically make the final call.

How long does it take for a foreclosure to be available for purchase?

The foreclosure process is often lengthy and unpredictable. Legal and court proceedings can take months or even years, so patience is key.

Why work with an experienced Calgary foreclosure expert?

Navigating the foreclosure market is tricky—bank procedures, legal hurdles, and a lack of information can overwhelm even seasoned buyers. Working with an experienced Calgary Realtor ensures you have the insights and tools you need to make informed decisions.

If you're ready to explore Calgary's foreclosure opportunities or have more questions, Contact Us today! We’re here to guide you every step of the way.

Read

Posted on by
Posted in Foreclosures

The Top 5 Places To Find Cheap Calgary Homes

  1. Bank Foreclosures and Court Ordered Sales
  2. Vacant and Abandoned Calgary Properties
  3. Tenant Occupied Landlord Home Sales
  4. Estate and Probate Home Sales
  5. Divorcing Home Owners Who Want To Sell Fast

Bank Foreclosures and Court Ordered Sales are at the top of the list. People have visions of banks sitting on tons of properties that they are willing to sell cheap. It’s a myth in Canada that banks sell homes cheap. Let’s clear this one up right away. Banks do not sell homes cheap in Canada. If you hear a story of someone buying a home cheap because it was a foreclosure, the real story is it was cheap because that was all it was worth in the condition it was in. Chasing foreclosure deals is like chasing ghosts. Good Luck with that.

Calgary Foreclosures For Sale

Vacant and Abandoned Calgary Properties should be high on the list. Why is the home vacant? Who’s paying the taxes, utilities, insurance and maybe a mortgage while the home sits empty. We know it’s not a bank with deep pockets that can wait forever. Vacant properties have a story. Finding out what the story is can lead to an opportunity to make money when you buy those types of homes. Put vacant properties high on your list.

Abandoned and Vacant Calgary Homes For Sale

Tenant Occupied Landlord Home Sales should not be overlooked. Why is the landlord selling? What’s the story? Is it a bad tenant? Is it a retiring landlord? Is it a couple of owners going in different directions? Finding out why these landlords are selling can present some amazing opportunities. Few landlords have any emotional attachment to these homes. They have usually made lots of money already, so aren’t trying to squeeze every last dime out of it. Overlooking Tenant Occupied Properties in your search for Calgary Real Estate Deals is not a good idea.

Cheap Tenant Occupied Homes For Sale In Calgary

Estate and Probate Home Sales happen because the owner has died. Sometimes they have died of natural causes in the home, most times they have not. Someone or a bunch of people have inherited the property. If it’s on the market it’s because they want the money, not the house. It’s very common for battling siblings to inherit a property and just want it sold quickly. Time is more important than money to some. Estate Sales can be great opportunities to snag a good deal.

Probate and Estate Homes For Sale Today in Calgary

Divorcing Home Owners Who Want To Sell Fast is by far the number 1 opportunity to make money buying a home. Money is always an issue, but so is just getting things wrapped up so both parties can move on with their lives. Ask any seasoned Realtor where the best deals are, it’s always divorces.

Home Sales by Divorced Couple in Calgary Alberta

Read

Posted on by
Posted in Home Buyers

Welcome to "The MLS® Portal"

Reverse The Home Hunting Process - Make Properties Find You - End Online Search Frustration!

MLS Portal for Calgary Real Estate

Welcome to The MLS® Portal, your single access point for MLS® listing information, brought to you by Jerry Charlton

When you arrive at The MLS® Portal, you may find it convenient to save its website address as a favourite or bookmark in your web browser. This will enable you to easily visit The MLS® Portal at any time.

Listing Information is Provided By Jerry Charlton. 

Jerry Charlton may email listing information to you in two ways: manually or automatically. Both types of emails contain a hyperlink which you can click to visit The MLS® Portal and view the listing information Jerry has prepared for you.

  • Manual ("Direct") Emails: Jerry Charlton may personally compile and send MLS® listing information for you. These emails contain a link to The MLS® Portal where these listings are available for you to view. This collection of listings will remain available for you to view on The MLS® Portal for 60 days.
  • Auto Emails: Jerry Charlton may also arrange for you to receive auto emails. These are also personally set up and controlled by Jerry Charlton but dispatched by the MLS® system itself, based on your criteria. Auto emails also contain a link to The MLS® Portal where matching listings are available for you to view. Auto emails will continue to be sent to you until you ask Jerry to stop them or you unsubscribe from the service yourself.

On the Start tab, you'll see links to any Direct Emails and/or Auto Emails Jerry has prepared for you. Click on one of those links to view the associated listings.

For additional MLS® Portal Tutorials and Guides visit the link below:

Customer Portal Video Overview

Read

Posted on by
Posted in Home Buyers

How Much Mortgage Will A Home Rental Payment Carry?

If you cannot pay for a home in full, you are renting. Either you are renting someone else's home or you are renting the money to be able to call it your own home. The big difference is in who gets the equity from your monthlyRent or Own shouldn't even be an argument. Stop Renting Houses, Rent Money Instead. payments. You can rent money via a mortgage and keep the equity or you can add to the landlord's equity every month. Much better to pay yourself by renting the money to buy a home.  

What can you afford? Well, you are probably paying rent plus utilities plus insurance and maybe minor repairs. So chances are good you can afford a mortgage payment based on your rent payments.

This first calculation should be How Much Mortgage would your current home rent payment carry. It's easy to figure out yourself with an excel spreadsheet. Or you could just ask me. Jerry@JerryCharlton.com

But here are the instructions to do it yourself.

You need the formula for a Microsoft Excel spreadsheet based on Canadian Mortgages.

This present value formula is for Canadian Mortgages with Interest Calculated Semi-Annually.

Replace Mortgage Rates with your rate or a cell reference. Same for Amortization and Payment You Can Afford.

=-((PV((1+Mortgage Interest Rate/2)^(1/6)-1,Amortization in Years*12,Monthly Payment You Could Afford)))

The next step is to divide the mortgage amount by the amount you need to finance.

Example 223,231.11 / 95% - 223,231.11 = the 5% Down You Need $11,749.01

Down Payment Plus Mortgage equals $234,980

Here's a quick reference table for you to see the possibilities. Of course, you still would need to qualify for a mortgage, but at least you would know what monthly payment range would be comfortable for you.

Rent Payment Mortgage Interest Rate
    2.50%
 $ 1,000.00 $223,231.11 Amortization
 $ 1,100.00 $245,554.22 25
 $ 1,200.00 $267,877.34
 $ 1,300.00 $290,200.45
 $ 1,400.00 $312,523.56
 $ 1,500.00 $334,846.67
 $ 1,600.00 $357,169.78
 $ 1,700.00 $379,492.89
 $ 1,800.00 $401,816.00
 $ 1,900.00 $424,139.11
 $ 2,000.00 $446,462.23
 $ 2,100.00 $468,785.34
 $ 2,200.00 $491,108.45

We have highly qualified Calgary Mortgage Agents standing by to help you.
Get started today and make yourself rich... not your landlord.

We will also help you become The Landlord as your Trusted Real Estate Investment Advisors!

How To Stop Making Your Landlord Rich and Instead Build Your Own Wealth with Calgary Real Estate

Read

Posted on by
Posted in Mortgages

Calgary Mortgage Payout Penalties

When it comes to Calgary home mortgages, it is easy to focus on the mortgage interest rates and your current situation, but the reality is that life happens and when it does, great mortgage rates won’t be the only thing that matter.

At the end of the day, a mortgage is a contract between you (the homeowner) and the bank. As such, there are often mortgage payout penalties involved if the contract is ever broken. This is something that every homeowner agrees to when you sign mortgage paperwork, but it can be easy to forget - until you’re paying the payout penalty. These things do happen as approximately 6 out of 10 mortgages in Canada are broken within 3 years. Should your circumstances change, knowing the next steps can help you navigate the mortgage payout penalty process.

Calculating Mortgage Payout Penalties

Typically, the penalty for breaking a mortgage is calculated in two different ways. Lenders generally use an Interest Rate Differential calculation or the sum of three months' interest to determine the payout penalty. You will typically be assessed the greater of the two penalties unless your contract states otherwise.

Interest Rate Differential (IRD)

In Calgary, there is no one-size-fits-all rule for how the IRD is calculated and it can vary greatly from lender to lender. This is due to the various comparison rates that are used. However, typically the IRD is based on the amount remaining on the mortgage and the difference between the original mortgage interest rate you signed at and the current mortgage interest rate a lender can charge today.

In this case, these penalties vary greatly as they are based on the borrower's specific mortgage and the specific rates on the agreement, and in the market today. However, let's assume you have a balance of $200,000 on your mortgage, an annual interest rate of 6%, 36 months remaining in your 5-year term and the current rate is 4%. This would mean an IRD penalty of $12,000 if you break the contract.

Ideally, you will want to be aware of what your IRD penalty would be before you decide to payout your mortgage early as it is not always the most viable option.

Three Months Interest:

In some cases, the penalty for breaking your mortgage is simply equivalent to three months of interest. Using the same example as above - balance of $200,000 on your mortgage, an annual interest rate of 6% - then three months interest would be a $3,000 early mortgage payout penalty. A variable-rate mortgage is typically accompanied by only the three-month interest penalty.

Paying The Mortgage Payout Penalty

When it comes to making the payment, some lenders may allow you to add this payout penalty to your new mortgage balance (meaning you would pay interest on it). You can also pay your penalty upfront. Whenever possible, if you can wait out your current mortgage term before making a change to your mortgage, it is the best way to avoid being stuck in the penalty box. If you cannot avoid a penalty, do note that, while only calculators can be great tools for estimates, it is best to contact our mortgage agents directly to discuss your mortgage terms and potential mortgage penalty calculations.

CLICK HERE For More Information on Payout Penalties and How To Protect Yourself

Life happens and not always on the same schedule as your mortgage. Do your homework to avoid nasty surprises from your friendly banker!

Read

Posted on by
Posted in Home Sellers

What To Fix Up In Your Calgary Home Before You Sell

If you have a Calgary Home that is due for a major or minor home renovation, you might be worried that it will be difficult to sell as a "fixer-upper". In fact, you might delay listing your property for that reason.

You don’t need to fix up everything in your home to prepare it for sale. You can be selective and choose only those projects that are most likely to help your home show well and sell quickly.

Here are some projects to consider:

  • Repairs. Few things stand out more during a viewing than something in obvious need of repair. That includes minor issues, like a dripping bathroom faucet, as well as major concerns, such as the central air conditioning unit not working. Get these repairs done.
  • Painting. Painting is one of the easiest and most affordable DIY projects you can do. Yet the impact it can have on your home is stunning. Some rooms are completely transformed by a fresh coat of paint.
  • Kitchens & Bathrooms. Buyers love to see great-looking kitchens and bathrooms. In fact, there are even magazines devoted just to those rooms! You don't necessarily need to do a major renovation of these spaces, but a makeover can be a good idea. Consider replacing sinks, countertops, and/or cabinet hardware.
  • Floors. If the floors in any of your rooms have become worn and unsightly, look at options for refreshing them. Consider replacing carpeting, refinishing hardwood, and/or getting tiles professionally cleaned and polished.
  • Outdoors. Sometimes you can compensate (a little) for a less-than-ideal interior by sprucing up the outdoor space. Explore ways to improve your deck or patio, walkways, and landscaping. 
  • Even if your home is older, you can make it more attractive to buyers with any one of these projects.

Want more ideas for finding eager buyers for your home? Call today.

Eager Calgary Home Buyers

Read

Posted on by
Posted in Commissions

Questions People Ask About Calgary Alberta Realtor® Real Estate Fees and Commissions

Q. Can I sell my house in Calgary on MLS® and pay no Realtor® Fees?
A. No there are always some fees to pay

Q. How are Realtor® Fees Calculated In Alberta?
A. Most Common is 7 and 3.  7% on the First $100k and 3% on the Balance of the Sold Price 

Q. Does The Buyer Pay A Realtor® Commission in Alberta?
A. Buyers really do pay because the commission is in the sale price most of the time

Q. Who pays the Realtor® Fee, the home buyer or the home seller?
A. The Seller pays the fees out of the sale proceeds

Q. Why are Calgary Real Estate Commissions so high?
A. Real Estate is a Business and no business works for free

Q. Are 1% and 2% Realty Companies Legit?
A. Is any company legit? 

Q. What Calgary Realty Company has the lowest Commissions?
A. Companies do not set commissions, Individual Realtors Negotiate Commissions.

Q. Are CIR Realty and Exp Realty Discount Brokerages?
A. CIR and Exp Realty have Realtors offering discounts and those that do not discount.

Q. Are Remax Commissions worth it?
A. Remax does not set commissions, Realtors do.

Q. How is the Realtor®'s Commission Calculated?
A. Could be a flat rate, % of the Sale Price or a combination of the two, Commissions are Negotiable

Q. Can You Negotiate Your Realtors®' Commission?
A. Yes
Q. How much are closing costs in Alberta?
A. Set aside $1,500 plus GST for legal fees and you should be ok

Q. Is there GST on Realtor® Fees in Alberta?
A. Yes GST applies to Real Estate Fees, but not the price of a resale home

Q. Does the Buyer pay Realtor® Fees in Canada?
A. Fees are included in the price 99% of the time, so Yes

Q. How much are lawyer fees when buying a Calgary Alberta house?
A. The vary and will be a combination of a flat rate plus disbursements

Q. What percentage do most Realtors® charge?
A. All fees are Negotiable, in Calgary we see 7 and 3 most often

Q. Are commissions paid on gross or net?
A. Gross sale 

Q. How do you solve commission problems?
A. Problems are usually solved by the Realtor and the Broker

Q. How do Calgary Alberta Real Estate Commissions work?
A. Very well in my experience

Q. Do Realtors keep 100% of the commission they collect in Calgary?
A. Commission cheques are like your paycheque after taxes, fees, expenses

Q. It is against the law to have fixed Realtor® Fees and Commissions in Calgary?
A. Real Estate Fees are negotiated between Calgary Home Sellers, Calgary Home Buyers, and Calgary Realtors®.

The selling price of any home on the Alberta MLS® System included the Real Estate Commissions plus GST. The fee could have been zero, or 1%, or 2%, or $2,500, or $8,550, or 7% on the first $100,000 and 3.5% on the balance of the sale price, or any other creative commission calculation you could imagine.

There is no set fee for Real Estate Commissions in Calgary Alberta, Canada.

Remax, Century 21, Royale Lepage, CIR Realty, Exp Realty, Sotheby's, 1% Realty, 2% Realty, 3% Realty, and hundreds of other Alberta Real Estate Companies are prohibited by law from fixing commission rates.

The above companies and their Realtors® all want your business and will negotiate your Real Estate Commissions.

Calgary Home Buyers pay 100% of the Reator® Fees because it's included in the Home Selling Price. It's like the mark-up on any product you buy at a retail store.

Some Calgary Realtors® claim they won't negotiate commissions. There are Real Estate Trainers and Coaches that charge Realtors® thousands of dollars to learn how to "Protect Commissions." Talk to a few Reatlors® and you hear the same old scripts. How if they are not tough on commissions with you, they won't be tough on Calgary Buyers on the home price. Blah, Blah, Blah.....

The bottom line is All Realtor® Commissions in Calgary Alberta Canada are Negotiable.

You can get a 1% Commission deal from a Remax Realtor just as easily as from a company that calls itself 1% Realty. 2% Commissions are offered by Century 21 Realtors® just as often as from the company called 2% Realty.

Brand means nothing in Real Estate, Calgary Home Prices Rule Everything.

Feel free to contact me anytime you want the Truth About Calgary Alberta Real Estate Fees and Commissions.

Jerry Charlton

403 831 0842 | Jerry@JerryCharlton.com | Calgary Realtor®

Read

Posted on by
Posted in Home Buyers

Have you ever found a home you love online only to find out it's conditionally sold?

Searching online for homes to buy can be fun. Also frustrating when you find the perfect home and it is already conditionally sold to somebody else.

So What Does Conditionally Sold Mean?

Conditionally Sold means the home seller has accepted a "Conditional Offer To Purchase" subject to "The Buyers' Conditions".

What Are "The Buyers' Conditions"?

One common Buyer Condition is "Subject To the Buyer getting Approved for a Mortgage".  Another common Buyer Condition is "Subject To The Buyers Approval of the results of a Home Inspection".

Buyers' Conditions are often referred to as "Walk Away Clauses". If a buyer does not waive the buyer conditions in writing by the specified time the offer to purchase contract is voided, the deposit is returned in full to the buyer.

The seller has options after accepting a "Conditional Offer To Purchase".

1. Change the MLS Listing Status to "Pending" and the listing disappears from the internet.

2. Leave the MLS Listing as "Active" to try to get offers in case the first one falls through.

From the seller's perspective if they are feeling confident or not about the first offer going through or not leads them to choose the option of leaving the property on the market or taking it off pending the outcome of the conditions.

Before we book property viewings for our clients we ask if the property is still active or conditionally sold. It's not ideal for our buyers to get excited about a property only to find out it's most likely sold already. But we do see the seller's point of view as well.

The best way to avoid the disappointment of missing out would be to get directly connected to the Real Estate Boards MLS® System. Then you would be amongst the first to see new listings that match your list of wants and needs.

Contact Us Today and we will get the MLS® System Working For You instead of against you! We reverse the process of you searching online for houses to the home finding you. We know our system works best because 100% of our buyer clients switch from wandering the internet and are glad they did.

Contact Us for more information on the entire home buying process in Calgary and how to avoid the disappointment of finding conditionally sold properties.

Read

Posted on by
Posted in Home Sellers

Should You Sell Your Calgary Home This Winter?

Pros of Selling a Home in the Winter 

  • Fewer listings mean less competition from other home sellers in Calgary
  • Fewer Looky Lou's and Tire Kickers wasting everybody's time
  • Winter usually matches serious sellers with serious buyers
  • Buyers and Sellers can agree to a warmer weather closing date

Cons of Selling a home in the winter

  • Nobody likes moving when it is cold out
  • Less qualified buyers actively looking
  • Leaving the house for showings is not fun in the winter
  • Keeping the house Ready to Show is a hassle
  • Shovelling snow and salting the sidewalks
  • Hard to see the condition of shingles when covered in snow

Buying and Selling Homes in the winter is not much different from any other time of the year except that it is winter!

Deciding to buy or sell a home is more of a life decision. Like buying a car or a new cell phone, when the time is right for you, the time is right! 

As a Calgary Realtor, I have worked many winters helping both home buyers and sellers. I have frozen my fingers trying to get frozen lockboxes open, shovelling snow on our vacant property listings. I am not a fan of the cold, and it has never stopped me from getting the job done.

Buying or Selling is your decision, and we can help make it easier winter, spring, summer, or fall.
Contact Us Today 403 831 0842 Free Home Evaluations

Read

Posted on by
Posted in Commissions

Calgary Real Estate Commissions - Who pays and how much?

This 7 and 3 table shows you what we see in Calgary on most listings. However, it is against the law to fix commissions at set rates. Commissions are negotiable. 7% on the first $100,000 of the sale price plus 3% on the balance of the sale price is what the table below is based on. Whatever the seller and the listing agent agree to for commissions becomes part of the total sale price listed on the MLS® system. The seller's agent and the seller then usually offer a buyer's Realtor® 3.5% on the first $100,000 and 1.5% on the balance of the sale price if they have a buyer for the property. So yes the commissions may seem high and if it was going to only one Realtor®, I would agree. Realtors® generally split the commission whatever it may be and like everyone else that gets a paycheck is required to pay taxes and other expenses.

Every home listed on MLS® that has sold or is for sale has the commission component built into the price. To further put some perspective on what Realtors earn, there are over 5,700 Licenced Realtors registered with the Calgary Real Estate Board fighting over less than a couple of thousand deals most months. It's a job at the end of the day which for Realtors® is not 9 to 5 Mon to Fri with a few weeks vacation and a pension!


It's a good thing I enjoy helping people because if I was in this for the money I would have moved on long ago!


Sold Price7%3%TotalGSTTotalSeller Net
 $ 300,000 $7,000  $ 6,000 $13,000 $650 $13,650  $ 286,350
 $ 350,000 $7,000  $ 7,500 $14,500 $725 $15,225  $ 334,775
 $ 400,000 $7,000  $ 9,000 $16,000 $800 $16,800  $ 383,200
 $ 450,000 $7,000  $ 10,500 $17,500 $875 $18,375  $ 431,625
 $ 500,000 $7,000  $ 12,000 $19,000 $950 $19,950  $ 480,050
 $ 550,000 $7,000  $ 13,500 $20,500 $1,025 $21,525  $ 528,475
 $ 600,000 $7,000  $ 15,000 $22,000 $1,100 $23,100  $ 576,900
 $ 650,000 $7,000  $ 16,500 $23,500 $1,175 $24,675  $ 625,325
 $ 700,000 $7,000  $ 18,000 $25,000 $1,250 $26,250  $ 673,750
 $ 800,000 $7,000  $ 21,000 $28,000 $1,400 $29,400  $ 770,600
 $ 900,000 $7,000  $ 24,000 $31,000 $1,550 $32,550  $ 867,450
 $ 1,000,000 $7,000  $ 27,000 $34,000 $1,700 $35,700  $ 964,300
 $ 1,100,000 $7,000  $ 30,000 $37,000 $1,850 $38,850  $ 1,061,150
 $ 1,200,000 $7,000  $ 33,000 $40,000 $2,000 $42,000  $ 1,158,000
 $ 1,300,000 $7,000  $ 36,000 $43,000 $2,150 $45,150  $ 1,254,850
 $ 1,400,000 $7,000  $ 39,000 $46,000 $2,300 $48,300  $ 1,351,700
 $ 1,500,000 $7,000  $ 42,000 $49,000 $2,450 $51,450  $ 1,448,550
 $ 1,600,000 $7,000  $ 45,000 $52,000 $2,600 $54,600  $ 1,545,400
Read
Newer posts : page 6 Older posts : page 8
Categories:   Canyon Meadows, Calgary Real Estate | Commissions | Condos | First Time Home Buyers | Foreclosures | Home Buyers | Home Sellers | Investors | Mortgages
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.