What's New at Redline?

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Today we just wanted to give you a quick update on what's new with us at Redline Real Estate Group. We've had a lot of changes recently, and we wanted to share some of them with you. 

For those of you who have been with us for a while, you've seen the evolution of what we have been able to offer to our clients. Right now, we are proud to announce that we are Calgary's second-largest real estate sales team by agents. Right now, we have 13 agents who are helping our clients achieve their buying and selling goals. 

Our team has grown from a core of 4, to a core of 8, to our current dynamic team of 13. In addition to our agents, we have a team of full-time staff of admins, tech specialists, graphic designers, and web designers. We are the most robust real estate selling solution in Calgary.

We have also coined ourselves as Calgary's most comprehensive sales team. A big part of our business is investor-driven, and our team is extremely experienced with buying and selling. We are selling homes an average of every 2 days, and our agents are in-tune with the market. With things changing all around the world, and those changes impacting our real estate market, you need someone in the know. That's our team.

Finally, we have been revving up our marketing, especially for luxury homes. When we represent these properties, what we do for you is second-to-none in the area. We are willing to invest into your listing to make sure your property sells as quickly as possible at the price you want.

So, that's what's been happening with our team as we launch into 2016. Even with a sales volume decline in the market last year, our team's sales volume went up by 50%. We are going to continue that success in 2016 and make sure your transition is a win.

Keep an eye out for more news coming up about a buyer seminar we are hosting. It's about half-full right now. If you have any questions about that or anything else real estate related, give us a call or send us an email. We look forward to hearing from you!

What Can You Expect from the Calgary Market in 2016?

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The new year has begun here in Calgary! I hope you had a happy holiday season with your friends and family.

Today's topic is the opportunity knocking in 2016. I want to start with a few quotes from Warren Buffet:

"Price is what you pay, value is what you get. Whether you're buying socks or stocks, I like buying quality merchandise when it is marked down."

"Be fearful when others are greedy, and be greedy when others are fearful."

How do these quotes apply to us? Local, national, and international markets are expected to remain pretty much the same as they have been lately all the way through 2016.

We grew our company in the years 2008-2010 as a business and we also grew our business portfolios. These were some of our best single-family and multi-family investments and we were able to place our clients in the best possible equity position during those years as well. This was all during the market downturn!

What am I getting at? Well, 2016 is an opportunistic time for a number of reasons. Sales will be down again and optimism will be scarce. People are feeling fearful and many others are running far away from real estate. Those who step up to the plate and make acquisitions during this time of uncertainty will be greatly rewarded in 2016!

We've always said that real estate is a medium and long-term play. We can't time the bottom of the market, but we have a feeling it's going to be sometime this year.

If you want to discuss how to capitalize on this market this year, please don't hesitate to reach out. We want to get your wheels turning so you can make a profitable purchase this year. We have a lot of insight we would love to share with you, and look forward to hearing from you soon!

A Shift in the Calgary Real Estate Market

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Locally, the market has completely shifted. In 2015, we had a balanced market. As we head into 2016, we will have a buyer's market. What does this mean for buyers?

First of all, interest rates are on the rise. Gone are the days of the 2.58% or 2.79% fixed rate. Rates will push past the 3% threshold, so now is a good time to contact our mortgage broker, Angelina, and lock in a low rate.

Second, inventory levels are up, turning the market into a buyer's market. Sellers are getting antsy! The longer they stay on the market, the more competition they face. For buyers, when we have more inventory, you have a better opportunity to cushion yourself against the potential price drop in 2016.

If you have any questions specific to the neighborhood you live in, give us a call or send us an email. We look forward to hearing from you!

Educational Events in Calgary This Year

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We’re hosting a series of educational events in 2016. The market shifted from great business in 2014 to low sale volumes in 2015. To better understand the Calgary market, we’re offering four events in 2016.

The first will be on Wednesday, January 27th at Mount Royal College. We’re calling it Opportunity Knocks in 2016. Primarily, we’ll cover different opportunities available in local real estate, such as investment properties and scaling up. Our whole team of thirteen agents will be there in addition to our mortgage group and other vendors. We anticipate it will last two to three hours.

If you’re interested in this event, plan on being at Mount Royal College on Wednesday the 27th! We look forward to seeing you there.