 My Life in some shape or form has centered around real estate. I grew up in Calgary, (a rarity it seems) in a family whose primary source of income came from real estate. This built the foundation on what has become both a career and a passion. It probably comes as no surprise that my favorite game is Monopoly. My educational background is that of a degree in Economics from the University of Calgary focusing on strategic positioning in the marketplace as well as studies in Entrepreneurship. These two areas have been instrumental in becoming a strong negotiator and developing an analytical mindset, as well as being able to think and be dynamic for you, my client. After completing university, I pursued home renovations. It was during this chapter that I began to understand what makes homes attractive to buyers, where to maximize your dollar, and how much time and money is involved. In the course of those five years, I purchased, renovated and sold homes in various communities, in and around Calgary. While renovating I began to include real estate as part of my investment portfolio. I believe this to be one of the smartest decisions I have made and consider property to be an excellent long term investment, especially, in today’s market. In 2005, I recognized that my talents are best allocated in sales and property investments and joined Royal Lepage Benchmark. From an early stage I have applied the valuable instruction of a coach and mentor and continue with various avenues of education related to real estate so as to be able to adapt and grow with my clients and their ever changing demands. It is because of my experience and education that I can confidently offer a cancellation guarantee, but more often than not produce results. After many years of being fond of inner city living, I became a Certified Condo Specialist. I have really grown to appreciate the lifestyle and conveniences a condo offers and have moved since moved into a condo in the downtown core and loving it!!! 
Pricing >The Value of Your House
One of the sayings from the "gold-rush" days--"Them that's got the gold, sets the price!"--is also a principle that applies to real estate. We say that a house is only worth what someone will pay for it, even though the owner, the bank, and the agent all have their own opinions about the "market value" of a home. In other words, no sale ever takes place until the buyer agrees with the price.
How can sellers arrive at the maximum "fair" price that buyers are willing to pay? Buyers (and appraisers) make their decision based on comparisons. While shopping for a home, buyers will visit many similar homes in their price range and measure the features of each one against the price. They decide which house offers them the maximum value for the price. Buyers do not expect a home to be a "steal" or dramatically under-priced, but they do expect it to be a fair value.
Sellers must determine the value that their home offers in order to arrive at the right price. The real estate agent will advise the sellers what buyers should be willing to pay for their home, but the asking price is set by the seller.
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| Q |
Lenders in 14 states--California, New York, Oregon, Utah, Vermont and Wisconsin and 9 others--have what in common?
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| A |
Lender in these states must pay interest on funds held in escrow accounts. |
See More Real Estate Trivia > |
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Chris Matlashewski Royal LePage Foothills #200 1016 68 Avenue S.W. Calgary, AB T2V 4J2 Cell: 403-809-3523 Fax: 403-476-5237 Office: 403-249-4322 chrismatlashewski@NUMBER1EXPERT.com
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