of Lloydminster

Your Community Minded Realtors

Contact Us Anytime

Office: 780-808-2700
Toll Free: 866-666-2700

RE/MAX Of Lloydminster
5726 - 44 Street
Lloydminster, AB
T9V 0B6

"each office independently owned and operated"

Selling a home is a big decision. An equally big decision is choosing a Realtor. On a basic level, your Realtor is responsible for finding the best buyer for your home at the price you're asking. However, a Realtor's job goes far beyond this, as they are also responsible for helping you prepare your home to be sold, working with you to list the home for the proper price, and making the entire sale process as stress-free as possible for you.

According to data from the National Realtors Association, most people don't ask their Realtors many questions beyond what their fees are and how much they can sell the home for. Every Realtor will have their own style and specialty, so finding the one that's right for you takes more consideration than choosing the Realtor with the best prices. If selling a home were easy, everyone would do it. That's why it's crucial to ask a few additional questions of your potential Realtor.

Here are five questions that you should ask your Realtor before you hire them.

1. What is your experience?
This seems like a very generic question, but it's a very important one. Knowing how many homes your Realtor has sold in the last year and their overall experience will help ensure trust in their process. Real estate is a job that you learn from experience. The more houses that your Realtor has sold the better they will know the market and what the potential is for getting your home sold in a timely fashion. You want to pick a Realtor who you feel can handle your entire purchase process from listing your home to closing the sale.

2. How are you planning to market my home?
Anyone can hammer a 'For Sale' sign into their front yard, but you hire a Realtor to market your home to a vast amount of potential buyers. In today's market people can discover your home from anywhere online. A good Realtor will get your home listed on Multiple Listing Services (MLS) as well as have other marketing tactics like advertisements, direct mail and email marketing. Don't be afraid to ask your Realtor for their marketing plan.

3. Do you work with clients in this price range?
If you're selling a home for $500,000 and the last five homes your Realtor has sold have been for $200,000, you may want to reconsider your selection. Home prices attract a different types of buyers and you'll want to find a Realtor that is able to get into the mindset of the buyer.

4. What are the drawbacks of my home?
The key to selling your home is making sure it's listed at the proper price. Having a Realtor that is up-front about some of the drawbacks of your home can provide you with the best chances of selling your home as well as some insight into the Realtor's experience and desire to sell your home. If you are aware of some flaws that your Realtor doesn't point out, they may not be 100% vested in selling your home.

5. Do you have references?
Hiring a Realtor is like hiring an employee for a job. References will allow you to cross-check information, learn information about other seller's experiences and get a feel for their working style. You'll be working with your Realtor for an extended period of time and communicating with them on a regular basis so it benefits to hear how the communication process was from other clients.

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Some financial habits are good, but others can hold you back and prevent you from saving. If you need to change your financial habits, it is important to take a step-by-step approach. This three-step approach can help you get a handle on your finances.



1. Set Specific Goals

Many people fail in finance because they set goals that are too vague. Setting goals like 'save more money' or 'put money away for retirement' are far too vague to be effective.


Instead, set specific goals like 'save 10 percent of every paycheck' or 'pay cash for every purchase.' These specific goals will be more effective at getting you to change your financial habits.


2. Find Out What is Holding You Back

You have the best of intentions when it comes to budgeting and saving your money, but somewhere along the line you go off track. Until you find out what is holding you back and sabotaging your efforts, it will be almost impossible to stick to an effective budget.


Identifying these budget bottlenecks is an essential part of the process. Review all of your money habits, from the use of credit cards to how often, and promptly you pay your bills. If you tend to run up a balance on several different credit cards, put those extra cards away and restrict your spending to a single card. If paying the bills all at once is too overwhelming, pay each one as it comes in. Identifying and overcoming budget bottlenecks is one of the best ways to get a handle on your spending.


3. Put Your Plan in Motion

Now that you know what has been holding you back, it is time to put your plan into action. Trying to do too much too soon could sabotage your efforts and cause you to fail. Starting slow is the better approach. You can work your way up to your ultimate goals later on.


If your goal is to put aside 10 percent of each paycheck for retirement, you might want to start with 1 percent. Once you are used to that investment, ramp it up to 2 percent, then 3 percent and so on, until you reach your goal.


Getting your finances on track is not an easy process. If it were, everyone would have a stellar credit score and a fully funded retirement plan. If you have been putting off aspects of your financial life, now is the time to get going.


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The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.
MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association.