Navigating the tumultuous real estate market can be a daunting and emotionally exhausting task. It is imperative to align yourself with a realtor with whom you have synergy. We encourage interviewing and auditioning your candidates to find someone who is your perfect match, completely understands your needs and has the skills and connections to bring those needs into reality.
After securing your financing approval, it is time to do some homework. The good news is that we are here to help! We take an active role in providing you with the education and tools to make an informed decision to balance the 3 parameters that every purchaser must reconcile:
Location:
Is your purchase being informed by a particular neighbourhood or by proximity to a particular amenity? Contrariwise, are there certain communities and geographic deal breakers that you are unwilling to tolerate? Does the direction of the yard matter? Or the noise pollution resulting from a busy road?
Features/Upgrades:
Are you looking for a home that is upgraded and move in ready or are you seeking a property that is a work in progress? Do you have a vision that you wish to interject into a space? What projects are you comfortable tackling and what features must be in a home already (ie. windows)? And would sweat equity yield a positive impact on your home’s value in the long term?
Price:
The obvious question is, of course, what is your budget? A realtor that can familiarize you with how far your dollar will go in each community and market is imperative. A cognizance of the market is the best tool to know if a property is under or over priced.
Your Team:
Your realtor needs to be your humble guide in the home purchasing journey. They must be on the lookout for your best interests and must be able to predict obstacles as well as strategize how to surmount them.
Other professionals in your corner may include but are not limited to:
- mortgage broker/lender
- real estate lawyer
- home inspector or company
- sewer line inspector
- designer
- handyperson or contractor
We at the Bureau are master networkers and have access to some of the very best professionals that Edmonton has to offer!