GLICK BUY
2015 EDITION
home buyers guide
2015 home buyers guide glickandglick.com
Murray Glick (780) 909-4313 [email protected] @murrayglick Seth Glick (780) 909-4313 [email protected] @pokerclack Re/Max Excellence 5607 199 Street Northwest #201 Edmonton, AB | T6M 0M8 (780) 481-2950 ©2015 Murray Glick
Thanks for picking up this copy of our 2015 Home Sellers and Buyers Guide, specifically prepared for you, to help you navigate the purchase or sale of your next home. Buying and selling a home can be one of the most exciting and happy moments of your life, and we sincerely hope the information found herein can contribute to that end. Of course, if you get stuck, we’re here to help. Just drop us a line, using your preferred method of communication shown on the left. Happy reading!
5 THIN YOU N TO KN WHEN BUYIN YOUR HOUSE
NGS NEED OW
NG NEXT E
#1
IF THE SELLE IS SELLING AS-IS, YOU ASSUME RESPONSIBIL FOR ALL O U T S TA N D I N G PERMIT ISSU
ER
LITY
G ES
Watch the verbage on the sales agreement, in case the home is being offered with all of its warts and wounds unattended to. As the new owner, you will be required to remedy all permit issues before an occupancy permit is made available to you. Being in the market for a fixer-upper is one thing, but getting blindsided with a nightmare of a money pit is something else entirely. INSIDER TIP: If you’re not an experienced builder or renovator, hire one to come take a look at the property with you before signing an offer. It’s very helpful—and reassuring— to curate your own unbiased evaluation of outstanding work required to bring the home up to code. It’s the only way to reliably determine how much work will be required to obtain the needed permits.
#2
YOU NEED A GOOD L AW Y E R T O S TA N D B Y YOUR SIDE As the buyer, a lawyer will confirm that no liens or caveats remain, mortgages will be discharged, and other legal gauntlets are surmoutable (or not). They’ll also hold funds in escrow while the transaction is completed, ensuring your financial interests are protected at all times. A good lawyer’s value in the real estate transaction can’t be overstated. If you don’t know one, get one. And if you can’t find one, give us a shout, we’ll be happy to refer you to a few around Edmonton that have earned our trust over the past 23 years.
#3
REMEMBER TO CHECK HISTORIC TITLES IN ADDITION TO THE CURRENT TITLE
If the home you’re considering for purchase used to be a grow-op, would you want to know? Or alternately, if a member of your family suffers with serious health issues, would it be important for you to discover if the home was condemned at any point in the past? Historic titles reveal all these important details, and are available as far back as you wish to look. The more you know, the better equipped you are to make a decision that will be in the best interests of your entire family.
#4
IF YOU’RE BUYING A CONDO, GET EXTRA SERIOUS ABOUT DOCUMENTS
Here’s a blurb we need to write about title insurance, from the buyers perspective. Also, an appropriate image must be selected, based on the description pending...
#5
PAY A F A I R PRICE, BUT B E WA R E I N F L AT E D E VA L U AT I O N In the words of Warren Buffett, its ‘better to buy a great company for a fair price than a fair company for a great price.’ The same rule applies to houses, but how much is a fair price, anyway? Independent appraisers sometimes gather listings and sales date from too large of a market area, imposing market factors on a listing that—in practice—fall outside the scope of reality. Case in point: A property many blocks away from a listing under discussion will contribute misleading data to a proposed evaluation. INSIDER TIP: Check comparables carefully, and remove the outliers from pricing calculations. Distinguish between list price and sold price.
HOW C GLICK GLICK YOU B YOUR HOUSE
CAN K+ K HELP BUY NEXT E?
how can glick+Gl Help? Table of content
n lick
f ts
20
ABOUT SETH & MURRAY
22
RESUME
24
BUYING PERFORMANCE
26
THE TEAM
28 30 32 34
BUYING OVERVIEW —LOCATION —FEATURES —PRICE
36
THE BUYERS AGENCY AGREEMENT
38
ABOUT RE/MAX
about seth & murray
SETH Seth Glick has been helping families buy and sell real estate in Edmonton since late 2014, after building and selling a successful service business of his own here in Edmonton. A true entrepreneurial spirit, Seth highly values a strong work ethic,
and understands how to put the needs of his customers first. The W’s are more than Seth’s market, they’re where he grew up. Feel free to call, text, or email Seth today, or if you prefer, fill out the little form below, and he’ll get back to you, instead.
murray I grew up in Yellowknife and moved to Edmonton in 1986 with my wife and young family. For me, growing up in a small city gave me a real sense of community and showed me the value of good relationships with people. I went into the real estate industry in Edmonton over 22 years ago because I love sales and the sense of accomplishment I feel when I can help my clients with one of the most important decisions in their lives, buying or selling their home. I have become an expert in my field, and feel confident in my abilities. Not only do I deal in residential primary residences, but I also work with investors, out of country vacation and investment properties through referrals and small commercial properties as well. When I am not working I enjoy spending time with my family. We have a large extended family with some great—and I mean great— nieces and nephews that are a joy to be around and play with.
One of my favourite hobbies is trap shooting in the spring and summer which I try to do when I have the opportunity. And as you can imagine, I developed a love of the outdoors in Yellowknife so fishing is also a joy for me. Golf is a wonderful social activity I try do as often as possible! A great way to be outdoors with my friends and a good way to meet new people. My wife and I so enjoy Edmonton. There is a wonderful restaurant scene here which we take advantage of with friends on weekends. we also enjoy the great arts and cultural activities that are available. I live my life everyday with integrity, honesty and a good sense of humour! I am someone whom can be trusted in all regards. When you are my client, your best interests are foremost to me. You can be assured that I will work my hardest to help you in everyday that I can.
resu Murray glick 1991 – 2013
ACHIEVEMENTS
Licensed – Edmonton Real Estate Board (22 years) *Specializing in Residential Single Family Dwellings, Condominiums and light Commercial properties in Edmonton and surrounding area, including referrals to all Canadian provinces and the USA. -Top 10 Producer In RE/ MAX Excellence (consistently) -Top 5% in Edmonton area 2004, 2006, 2007, 2009, 2010, 2011, 2012 -Top 100 in Western Canada - September 2010 -RRS Designation (Registered Relocation Specialist) -Lifetime Achievement Award -Completed courses offered by the Edmonton Real Estate Board i.e. Advertising, Marketing, Situational Selling, Professional Responsibility etc, with the intent to benefit you, my client. #
ume Seth glick 2009-2014
ENTREPRENEURIAL BACKGROUND I built and operated my own successful window and gutter cleaning company from scratch, right here in Edmonton, called Clear Skies. Servicing hundreds of local homeowners, families, and business owners taught me irreplaceable lessons about commitment, responsiveness, and integrity. I bring these skills to my new career in real estate. I sold Clear Skies in 2014.
2014
ACHIEVEMENTS
Licensed – Edmonton Real Estate Board (first year) *Specializing in Residential Single Family Dwellings, Condominiums and light Commercial properties in Edmonton and surrounding area, including referrals to all Canadian provinces and the USA. Stay tuned!
team glic buying performa
40+
13
total DEALS Murray and Seth manage three times more deals per year than the average local realtor, according to the Edmonton Real Estate Board.
ck ance ONLY
96% of lisT
average purchase price Homes purchased by Murray and Seth average only 96% of sale price. That means we ensure you get the most house, for the lowest possible price! We’re excellent negotiatiors, who bring both dignity and respect to the table.
team g buying
MURRAY glick Home Sales + Purchases Licensed Salesperson
SETH glick Home Sales + Purchases Licensed Salesperson
glick’s g team
reggie MARILYN CHINCHILLA glick Client Support Salesperson Experience
Client Support Salesperson Experience
HOUSE Shopping just got simpler. When you choose Glick+Glick to assist you with your home buying experience, we’ll invite invite feedback from you on three criteria: NEIGHBORHOOD APPROXIMATE SPECS PRICE We’ll immediately provide you with a list of all homes that are currently for sale that meet your specific criteria, and email you a daily update with all new listings that also fit your family’s unique needs. If you see something you like, just let us know, and we’ll arrange an immediate appointment for a time convenient to you. Turn the page to learn more about each of these, or skip forward to learn about the
#1: location Do you know what neighborhood(s) you’d like to live in? Select as many areas as you wish, and we’ll be happy to gather every available listing in that area for your consideration. Some neighborhoods lend themselves to quieter living, others provide easy access to busier, more active city-living. If you’re not sure what you want, we’ll be happy to help you understand your options, so you can make the best possible choice. We love Edmonton, and have lived here for 25 years. We can help you choose the right neighborhoods for your unique lifestyle preferences.
#2: features Have you always wanted to live in a factory-style, high-ceiling loft space? Wish you had a soaring granite fireplace? Need an en-suite bathroom for each bedroom? Glick+Glick will help you quickly and simply define a short list—or long list—of wants and needs, and then get to work finding a home that has the unique feature set you’re shopping for.
#3: price Unless you’re the Prince of Monaco, expect price to be a limiting factor in the purchase of your next property. Glick+Glick will help you pick a pricepoint that makes sense for your current financial situation, and assist you in obtaining mortgage pre-approval so you can shop with confidence, ensuring active sellers take you seriously. You’ll be happy to know that historically, our buyer-represented clients pay an average of only 96% of asking price. Which means those homes that look outside of your range might actually be a possibility! Let’s talk about it.
the buyer agency agreemen
PLEASE NOTE Glick+Glick requires all new buyers to sign a Buyers Agency Agreement, similar to the visual representation depicted above.
r nt In order to ensure that you get the best possible service, Glick+Glick requires all new buyers to sign a buyers agreement before getting started with your home shopping experience. The Buyers Agency Agreement is a new standard in our office. In this contract, you are officially hiring me to help you find us home. There is no money involved in the contract— because our fees are paid for by the seller—however, signing ensures we work together as a team. As your realtor, we will filter through thousands of homes on the market to find you potential properties that meet your expectations and specific criteria. We’ll also arrange and accompany you to all home viewings. We will serve as your advocate in the
purchasing process to help you get the most out of your offer. As part of a larger network of real estate professionals, we can also recommend Morgage Brokers, House Inspectors and Lawyers to make your home-buying experience as seamless and simple as possible. Through the Buyers Agency Agreement we’re all agreeing that you will work with Glick+Glick exclusively, and that we will use our 23+ years of expertise and knowledge to make the purchase of your home a happy experience! Ask us to see an agreement anytime, we’ll be happy to explain all of the fine print.
the r advan
re/max ntage RE/MAX Canada is #1 in the Canadian Real Estate Industry RE/MAX is a world leader in residential real estate with over 2500 full-service offices in the United States, Canada, Caribbean, Mexico, South Africa and Hong Kong. Today, RE/MAX associates proudly number over 40000 full-time professional agents worldwide. The typical RE/MAX agent is among the most experienced in the industry, averaging over 11 years of service. This agency is also distinguished by earning, on average, more real estate educational designations than its industry competitors - a commitment to professional improvement. Because of these high industry education and experience achievements, the average RE/MAX agent outsells the competition by an incredible 3 to 1. Over 70% of RE/MAX agents’ business comes from repeat business of referrals from past customers and friends - more than twice the industry average. RE/MAX agents make a personal financial investment in every listing. RE/MAX agents competently control the marketing programs for each of their listings.
home buyers guide
2015 home buyers guide glickandglick.com
Murray Glick (780) 909-4313 [email protected] @murrayglick Seth Glick (780) 909-4313 [email protected] @pokerclack Re/Max Excellence 5607 199 Street Northwest #201 Edmonton, AB | T6M 0M8 (780) 481-2950 ©2015 Murray Glick
Thanks for picking up this copy of our 2015 Home Sellers and Buyers Guide, specifically prepared for you, to help you navigate the purchase or sale of your next home. Buying and selling a home can be one of the most exciting and happy moments of your life, and we sincerely hope the information found herein can contribute to that end. Of course, if you get stuck, we’re here to help. Just drop us a line, using your preferred method of communication shown on the left. Happy reading!
5 THIN YOU N TO KN WHEN BUYIN YOUR HOUSE
NGS NEED OW
NG NEXT E
#1
IF THE SELLE IS SELLING AS-IS, YOU ASSUME RESPONSIBIL FOR ALL O U T S TA N D I N G PERMIT ISSU
ER
LITY
G ES
Watch the verbage on the sales agreement, in case the home is being offered with all of its warts and wounds unattended to. As the new owner, you will be required to remedy all permit issues before an occupancy permit is made available to you. Being in the market for a fixer-upper is one thing, but getting blindsided with a nightmare of a money pit is something else entirely. INSIDER TIP: If you’re not an experienced builder or renovator, hire one to come take a look at the property with you before signing an offer. It’s very helpful—and reassuring— to curate your own unbiased evaluation of outstanding work required to bring the home up to code. It’s the only way to reliably determine how much work will be required to obtain the needed permits.
#2
YOU NEED A GOOD L AW Y E R T O S TA N D B Y YOUR SIDE As the buyer, a lawyer will confirm that no liens or caveats remain, mortgages will be discharged, and other legal gauntlets are surmoutable (or not). They’ll also hold funds in escrow while the transaction is completed, ensuring your financial interests are protected at all times. A good lawyer’s value in the real estate transaction can’t be overstated. If you don’t know one, get one. And if you can’t find one, give us a shout, we’ll be happy to refer you to a few around Edmonton that have earned our trust over the past 23 years.
#3
REMEMBER TO CHECK HISTORIC TITLES IN ADDITION TO THE CURRENT TITLE
If the home you’re considering for purchase used to be a grow-op, would you want to know? Or alternately, if a member of your family suffers with serious health issues, would it be important for you to discover if the home was condemned at any point in the past? Historic titles reveal all these important details, and are available as far back as you wish to look. The more you know, the better equipped you are to make a decision that will be in the best interests of your entire family.
#4
IF YOU’RE BUYING A CONDO, GET EXTRA SERIOUS ABOUT DOCUMENTS
Here’s a blurb we need to write about title insurance, from the buyers perspective. Also, an appropriate image must be selected, based on the description pending...
#5
PAY A F A I R PRICE, BUT B E WA R E I N F L AT E D E VA L U AT I O N In the words of Warren Buffett, its ‘better to buy a great company for a fair price than a fair company for a great price.’ The same rule applies to houses, but how much is a fair price, anyway? Independent appraisers sometimes gather listings and sales date from too large of a market area, imposing market factors on a listing that—in practice—fall outside the scope of reality. Case in point: A property many blocks away from a listing under discussion will contribute misleading data to a proposed evaluation. INSIDER TIP: Check comparables carefully, and remove the outliers from pricing calculations. Distinguish between list price and sold price.
HOW C GLICK GLICK YOU B YOUR HOUSE
CAN K+ K HELP BUY NEXT E?
how can glick+Gl Help? Table of content
n lick
f ts
20
ABOUT SETH & MURRAY
22
RESUME
24
BUYING PERFORMANCE
26
THE TEAM
28 30 32 34
BUYING OVERVIEW —LOCATION —FEATURES —PRICE
36
THE BUYERS AGENCY AGREEMENT
38
ABOUT RE/MAX
about seth & murray
SETH Seth Glick has been helping families buy and sell real estate in Edmonton since late 2014, after building and selling a successful service business of his own here in Edmonton. A true entrepreneurial spirit, Seth highly values a strong work ethic,
and understands how to put the needs of his customers first. The W’s are more than Seth’s market, they’re where he grew up. Feel free to call, text, or email Seth today, or if you prefer, fill out the little form below, and he’ll get back to you, instead.
murray I grew up in Yellowknife and moved to Edmonton in 1986 with my wife and young family. For me, growing up in a small city gave me a real sense of community and showed me the value of good relationships with people. I went into the real estate industry in Edmonton over 22 years ago because I love sales and the sense of accomplishment I feel when I can help my clients with one of the most important decisions in their lives, buying or selling their home. I have become an expert in my field, and feel confident in my abilities. Not only do I deal in residential primary residences, but I also work with investors, out of country vacation and investment properties through referrals and small commercial properties as well. When I am not working I enjoy spending time with my family. We have a large extended family with some great—and I mean great— nieces and nephews that are a joy to be around and play with.
One of my favourite hobbies is trap shooting in the spring and summer which I try to do when I have the opportunity. And as you can imagine, I developed a love of the outdoors in Yellowknife so fishing is also a joy for me. Golf is a wonderful social activity I try do as often as possible! A great way to be outdoors with my friends and a good way to meet new people. My wife and I so enjoy Edmonton. There is a wonderful restaurant scene here which we take advantage of with friends on weekends. we also enjoy the great arts and cultural activities that are available. I live my life everyday with integrity, honesty and a good sense of humour! I am someone whom can be trusted in all regards. When you are my client, your best interests are foremost to me. You can be assured that I will work my hardest to help you in everyday that I can.
resu Murray glick 1991 – 2013
ACHIEVEMENTS
Licensed – Edmonton Real Estate Board (22 years) *Specializing in Residential Single Family Dwellings, Condominiums and light Commercial properties in Edmonton and surrounding area, including referrals to all Canadian provinces and the USA. -Top 10 Producer In RE/ MAX Excellence (consistently) -Top 5% in Edmonton area 2004, 2006, 2007, 2009, 2010, 2011, 2012 -Top 100 in Western Canada - September 2010 -RRS Designation (Registered Relocation Specialist) -Lifetime Achievement Award -Completed courses offered by the Edmonton Real Estate Board i.e. Advertising, Marketing, Situational Selling, Professional Responsibility etc, with the intent to benefit you, my client. #
ume Seth glick 2009-2014
ENTREPRENEURIAL BACKGROUND I built and operated my own successful window and gutter cleaning company from scratch, right here in Edmonton, called Clear Skies. Servicing hundreds of local homeowners, families, and business owners taught me irreplaceable lessons about commitment, responsiveness, and integrity. I bring these skills to my new career in real estate. I sold Clear Skies in 2014.
2014
ACHIEVEMENTS
Licensed – Edmonton Real Estate Board (first year) *Specializing in Residential Single Family Dwellings, Condominiums and light Commercial properties in Edmonton and surrounding area, including referrals to all Canadian provinces and the USA. Stay tuned!
team glic buying performa
40+
13
total DEALS Murray and Seth manage three times more deals per year than the average local realtor, according to the Edmonton Real Estate Board.
ck ance ONLY
96% of lisT
average purchase price Homes purchased by Murray and Seth average only 96% of sale price. That means we ensure you get the most house, for the lowest possible price! We’re excellent negotiatiors, who bring both dignity and respect to the table.
team g buying
MURRAY glick Home Sales + Purchases Licensed Salesperson
SETH glick Home Sales + Purchases Licensed Salesperson
glick’s g team
reggie MARILYN CHINCHILLA glick Client Support Salesperson Experience
Client Support Salesperson Experience
HOUSE Shopping just got simpler. When you choose Glick+Glick to assist you with your home buying experience, we’ll invite invite feedback from you on three criteria: NEIGHBORHOOD APPROXIMATE SPECS PRICE We’ll immediately provide you with a list of all homes that are currently for sale that meet your specific criteria, and email you a daily update with all new listings that also fit your family’s unique needs. If you see something you like, just let us know, and we’ll arrange an immediate appointment for a time convenient to you. Turn the page to learn more about each of these, or skip forward to learn about the
#1: location Do you know what neighborhood(s) you’d like to live in? Select as many areas as you wish, and we’ll be happy to gather every available listing in that area for your consideration. Some neighborhoods lend themselves to quieter living, others provide easy access to busier, more active city-living. If you’re not sure what you want, we’ll be happy to help you understand your options, so you can make the best possible choice. We love Edmonton, and have lived here for 25 years. We can help you choose the right neighborhoods for your unique lifestyle preferences.
#2: features Have you always wanted to live in a factory-style, high-ceiling loft space? Wish you had a soaring granite fireplace? Need an en-suite bathroom for each bedroom? Glick+Glick will help you quickly and simply define a short list—or long list—of wants and needs, and then get to work finding a home that has the unique feature set you’re shopping for.
#3: price Unless you’re the Prince of Monaco, expect price to be a limiting factor in the purchase of your next property. Glick+Glick will help you pick a pricepoint that makes sense for your current financial situation, and assist you in obtaining mortgage pre-approval so you can shop with confidence, ensuring active sellers take you seriously. You’ll be happy to know that historically, our buyer-represented clients pay an average of only 96% of asking price. Which means those homes that look outside of your range might actually be a possibility! Let’s talk about it.
the buyer agency agreemen
PLEASE NOTE Glick+Glick requires all new buyers to sign a Buyers Agency Agreement, similar to the visual representation depicted above.
r nt In order to ensure that you get the best possible service, Glick+Glick requires all new buyers to sign a buyers agreement before getting started with your home shopping experience. The Buyers Agency Agreement is a new standard in our office. In this contract, you are officially hiring me to help you find us home. There is no money involved in the contract— because our fees are paid for by the seller—however, signing ensures we work together as a team. As your realtor, we will filter through thousands of homes on the market to find you potential properties that meet your expectations and specific criteria. We’ll also arrange and accompany you to all home viewings. We will serve as your advocate in the
purchasing process to help you get the most out of your offer. As part of a larger network of real estate professionals, we can also recommend Morgage Brokers, House Inspectors and Lawyers to make your home-buying experience as seamless and simple as possible. Through the Buyers Agency Agreement we’re all agreeing that you will work with Glick+Glick exclusively, and that we will use our 23+ years of expertise and knowledge to make the purchase of your home a happy experience! Ask us to see an agreement anytime, we’ll be happy to explain all of the fine print.
the r advan
re/max ntage RE/MAX Canada is #1 in the Canadian Real Estate Industry RE/MAX is a world leader in residential real estate with over 2500 full-service offices in the United States, Canada, Caribbean, Mexico, South Africa and Hong Kong. Today, RE/MAX associates proudly number over 40000 full-time professional agents worldwide. The typical RE/MAX agent is among the most experienced in the industry, averaging over 11 years of service. This agency is also distinguished by earning, on average, more real estate educational designations than its industry competitors - a commitment to professional improvement. Because of these high industry education and experience achievements, the average RE/MAX agent outsells the competition by an incredible 3 to 1. Over 70% of RE/MAX agents’ business comes from repeat business of referrals from past customers and friends - more than twice the industry average. RE/MAX agents make a personal financial investment in every listing. RE/MAX agents competently control the marketing programs for each of their listings.
