Buying a home is likely to be the biggest purchase you’ll ever make—so why not try to get the best deal you can? Negotiating a home sale can be a daunting task, especially if you’re in unfamiliar waters.  

Here are some negotiation tips to help you through the process. 

Before Making an Offer 

Get Pre-Approved for a Mortgage 

There are a few things you should do before even making an offer on a house, and getting pre-approved for a mortgage is one of them. By getting pre-approved, you’ll be able to more thoroughly understand your budget before you even get to the negotiation table. In addition, you’ll show sellers you’re a serious buyer. 

 

Set a Budget 

Determine your budget before you begin…

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When it comes to real estate, there’s a lot of information available—but not all of it is good! Let’s debunk some common myths and misconceptions that people have when it comes to real estate. 

Myth: Pricing your house high will end up in negotiations at your ideal price; and, pricing low will result in a bidding war that will end up at a higher price. 

Fact: Pricing too high or too low is typically a bad idea. When you price high, you could deter potential buyers from offering or not even be visible to buyers who are actually in your desired selling range, but aren’t looking as high as what you’re priced at. 

Pricing too low can also have its problems. The idea is to end up in a multiple offer situation where each group…

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According to RE/MAX’s 2024 Cottage Trends Report, Canadian RE/MAX brokers and agents are expecting to see an increase of 6.8% in recreational property prices.  

The report shows that many cottage owners are choosing to hold their cottage properties, even with rising interest rates and affordability concerns. RE/MAX brokers and agents say not only has a flood of listings not hit the market this spring, but that it is unlikely to happen this year at all. 

“Years of research* show that Canadians consistently see value in real estate ownership – both as a necessity and an investment. Those who have already gained a foothold in the recreational property market are determined to hold on to this asset, despite mounting affordability…

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Having your home professionally staged can give you an edge when selling, especially in a competitive market. However, it can be costly and may not be an option for you. That being said, it’s still in your best interest to make your home look as nice as possible when selling, so doing some DIY home staging can help give your home that extra oomph! 

Here are 10 tips to help you stage your home: 

1. Focus on focal points 

Identify the key architectural features or focal points of each room, such as a fireplace, bay window, or other unique areas of your home. Arrange furniture and accessories to draw attention to these focal points and make them stand out. 

2. Use statement pieces 

Introduce statement…

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Making your home more energy-efficient not only reduces your carbon footprint, it can also help save you money and add resale value to your home. 

Here are some effective upgrades you can consider: 

Start with an Assessment 

Having your home’s energy usage assessed will give you a clear idea about where your home needs improvement. Contact an energy advisor to visit your home and give you an EnerGuide rating and energy efficiency report. 

Seal Air Leaks 

All homes need healthy air flow! Natural airflow prevents the buildup of mold and mildew, and mechanical airflow from things like the vent in your furnace prevent harmful air from remaining in your home. 

However, there can be plenty of unwanted…

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Navigating purchasing a home is a daunting task, especially if you’ve never done it before! As a first-time home buyer, a house is likely the largest purchase you’ve made to date—and it's a decision you want to be certain about.  

Here are some tips on how to avoid common mistakes when buying your first home. 

Not Getting Pre-approved for a Mortgage 

Getting pre-approved for a mortgage ensures a couple of things. Firstly, it will give you a clear idea of what you can afford, which will help you set a reasonable budget when house hunting. Secondly, it will give you an edge over buyers who aren’t pre-approved if you end up in a multiple offer situation when you decide to put in an offer. 

Not Shopping Around for…

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What could be better than waking up to a beautiful waterfront view in your very own cottage property? Demand for recreational properties in Canada has surged over the past few years and continues to rise in the wake of the COVID-19 pandemic. Anyone interested in buying a cottage property should go into the search well-equipped with the knowledge of what to look for, and what to avoid. 

Here are 8 things to consider when buying a cottage property: 

1. Location and Accessibility 

The idyllic nature of a cottage often means it's situated in a more remote location. Consider the proximity to your primary residence, the accessibility during all seasons, and the availability of essential services and amenities. Properties that…

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Moving to a new home can be an exciting adventure, but it can also be a stressful experience—especially when you have furry friends to consider. Pets are a cherished part of the family, and ensuring their comfort and safety during a move is important. 

With careful planning and consideration, you can make the transition smoother for both you and your beloved pets. Here are some essential tips to help you navigate the process of moving with pets.

1. Plan Ahead 

Start planning for your move well in advance. Create a timeline that includes tasks specifically related to your pets, such as scheduling veterinary visits, updating their identification tags, and arranging for pet-friendly accommodations during the move. 

2.…

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From cozy cottages nestled by serene lakeshores to sprawling retreats offering panoramic views, the allure of recreational properties has captivated the imaginations of both buyers and investors alike. 

The COVID-19 pandemic notably sparked a surge in demand for recreational real estate. As travel restrictions and lockdowns prompted individuals to seek refuge closer to home, the sale of recreational properties soared to unprecedented numbers as more and more people began working remotely. 

Though things quieted down in the wake of the pandemic, experts are speculating that prices will rise again in 2024. 

The recently published Royal LePage 2024 Spring Recreational Property Report provides pricing information for 50…

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In the competitive world of real estate, staging your home can make all the difference in attracting potential buyers and securing a swift sale. According to a study done by the Real Estate Staging Association, staged homes spend 73% less time on the market and can sell for 5-25% more above the listing price. 

A well-staged home not only highlights its best features, but also allows buyers to envision themselves living in the space. If you're preparing to sell your home, here are ten expert tips to help you stage it effectively: 

1. Declutter & Depersonalize 

Before staging your home, start by decluttering every room. Remove personal items such as family photos and memorabilia. Depersonalizing your space allows…

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