Homes for Sale in Edmonton

AUDREY ABUAN - RE/MAX Real Estate REALTORĀ®

Cell: 780-910-5179
Email: aabuan@remax.net

 

There has been a long battle between between TREB (Toronto Real Estate Board) and the Canada's Competition Bureau to keep certain sales data under lock and key. John Pasalis with Realosophy Realty in Toronto says he's ready to make public on his website once-protected real estate data.

 

I found this article to be interesting article and foresee it as a huge invation of privacy for all home sellers. One of the reasons to hire a real estate agent is to protect the sellers information. I strongly feel this information should not be disclosed due to stigmatizing properties and invasion of personal information.

 

When buyers purchase a home, everthing physical about the property should be disclosed and the real estate agent should provide all relevant FACTS about the property and the prices of recently comparable homes sold. However, providing all of the history of a property is no ones business except the sellers including how long it has been on the market, any price adjustments, the original purchase price or the sellers contact info.

 

In a slowing economy, homes here in Edmonton tend to stay on the market longer and buyers do not need to take advantage of a seller. Buyers are purchasing a home and should not be in a position of knowledge to take advantage of a seller who needs to sell. Have a little more compasion, there is more to life than getting an uber deal!

 

read more... http://www.cbc.ca/news/business/real-estate-treb-crea-sales-data-1.3884233

 

*Note* The Government of Canada's Privacy Act is as follows..

 

Interpretation

In this Act,

administrative purpose, in relation to the use of personal information about an individual, means the use of that information in a decision making process that directly affects that individual

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South Edmonton Real Estate Market News

Numbers are out and South Edmonton's Real Estate Market was hot in March this year, especially for new homes. Summerside taking the lead with 16 single family homes sold with an average price tag of $500,000. Followed by Windermere in southwest Edmonton of 15 houses sold with an average selling price of $667,000. Charlesworth, Walker and South Terwillegar also topped the March charts. Both Keheewin and Greenfield were also "hot sellers" with an average sold price of well over $400,000. Find out what your south Edmonton home is worth - FREE HOME EVALUATIONS!

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